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Automated Imaging Association Release date: April 6, 2006
(Ann Arbor, Michigan - April 6, 2006) A brand new machine vision market study shows that 2005 was a good year for the machine vision and imaging industry and that continued growth is expected in 2006.
Smart cameras saw the strongest growth in 2005, with a 19.1% increase in units and a 14.4% jump in revenue. Sales of application-specific machine vision systems rose 13.6% in units and 6.4% in revenue. Fast-growing component markets included cameras, optics and vision software.
The study, entitled Machine Vision Markets - 2005 Results and Forecasts to 2010, is published by the Automated Imaging Association (AIA), the world's largest machine vision trade group, with over 250 member companies from 24 countries.
"Machine vision markets in North America continue to display strength and vitality, with 2005 results building upon the record sales figures of 2004," said Paul Kellett, AIA's Director of Market Analysis.
"All indications point to continued growth in 2006, as companies continue to invest in technologies such as machine vision that can help them become stronger global competitors," Kellett said.
AIA expects the industry to be helped by the upcoming Vision East trade show and conference in Boston, May 9-11, 2006. "We expect to see strong interest at the show in new products, especially those that have been designed to meet the new GigE Vision(TM) standard that AIA will officially release at the show," said Jeff Burnstein, AIA's Executive Director.
The annual AIA market study, which dates back more than a decade, has undergone a complete transformation this year. In addition to a new focus on component markets, the study includes in-depth product details for components and systems, export analyses, an in-depth look at market and technology trends, and identification of major market participants.
The study is available for purchase, the AIA member price is $995.00 and non-AIA member price is $1,395.00. Study participants receive a substantial discount. To order the study, visit www.machinevisiononline.org or call AIA Headquarters at 734/994-6088.
In addition to the market study, AIA provides regular reports on the health of the machine vision market and economic trends that impact the industry at "Kellett's Corner," which is a special section of the Machine Vision Online website. Machine Vision Online received nearly one million visits in 2005, making it the world's most important resource for machine vision information.
AIA also will provide updated market information on 2006 during presentations later this year by Paul Kellett at the European Machine Vision Business Conference in Tampere, Finland (July 1) and the VISION 2006 Show in Stuttgart, Germany (November 8).
Questions about the AIA study can be directed to Paul Kellett at pkellett@robotics.org or 734/994-6088.
Founded in 1984, AIA was organized specifically to promote the use of image capture and analysis technology and now represents more than 250 machine vision suppliers, system integrators, users, researchers, and consulting firms. In addition to the Machine Vision Market Study, the AIA is best-known for The Vision Show, held every year on alternating US coasts, the biennial International Robots & Vision Show, its annual AIA Business Conference and Machine Vision Online (www.machinevisiononline.org), the world's leading resource for machine vision information on the internet.
For more information on AIA, visit www.machinevisiononline.org or contact AIA Headquarters at (734) 994-6088.
Automated Imaging Association 900 Victors Way, Suite140 Ann Arbor, Michigan 48108 USA Telephone: (734) 994-6088 Fax: (734) 994-3338 www.machinevisiononline.org/
Dana WhallsMarketing & PR Manager (734) 994-6088 dwhalls@robotics.org/
Company Information:
Name: Automated Imaging Association
Address: 900 Victors Way, P.O. Box 3724
City: Ann Arbor
State: MI
ZIP: 48106
Country: USA
Phone: 734-994-6088
FAX: 734-994-3338
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