Wednesday, March 31, 2010

Getting a bit better all the time

It seems that the market for machine vision products and systems is improving. IMS Research in the UK says the recovery in the world machine vision market is gathering pace, as shown by its latest quarterly report consolidating revenue data from major suppliers.

John Morse, the managing analyst for the tracking report says, “The market appears to be recovering faster than previously forecast.” The North America market grew the most between the third and forth quarter of 2009; but there was good growth also from both Europe/Middle East/Africa and Asia Pacific. “Our data show that the low point was Q1 2009 and revenues have grown each subsequent quarter. If this trend continues, the market will be back to its 2008 levels by 2011."

This corresponds to discussions I've had with system integrators and vendors. Blogger B Grey at Machine Vision 4 Users even notes that delivery times on lenses for machine vision (now getting longer) could be an indicator of recovery.

What form of tea-leaf-reading works for you?

Here are some more revealing charts that John Morse sent to me:

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