The Asia Pacific Market for Machine Vision is Changing | Automation.com

The Asia Pacific Market for Machine Vision is Changing

October 2, 2012 - IMS Research projects that Asia (excluding Japan) will be the largest region for machine vision revenues in 2016.

“Japan has always been the largest market for machine vision in the Asia Pacific region,” commented John Morse, author of the latest machine vision report from IMS Research. “It has developed very sophisticated manufacturing over more than 40 years employing machine vision techniques in many applications, especially inspection and robot control. Despite this, its economic growth is currently slow largely due to the decreasing export demand. This is not expected to improve much over the next five years. Japan’s leading position is being eroded as other countries within the region embrace automation in their production facilities.”

Figure 1 shows the three principal regions of the world market where Asia Pacific includes Japan. With Japan’s revenues included, the graph shows the region to be by far the largest and has been for many years. However, if Japan’s revenues are removed, as shown in Figure 2, the situation is quite different. The rest of Asia is collectively forecast to revenues of around $720 million in 2012, exceeding those generated in the Americas after this time. This rapid growth is expected to continue, passing EMEA revenues of $1.1 billion after 2015.

The report projects that machine vision growth will be strongest in China, South Korea and Taiwan reflecting the general economic growth forecast in these countries. The ever increasing need to cut manufacturing costs and so become more competitive countering increasing labour and other costs will help drive machine vision adoption.

Morse adds, “Despite Japan’s low forecast growth rate, the Asia Pacific region as a whole remains extremely important to machine vision manufacturers, both in market size and growth potential.”

About the “World Market for Machine Vision – 2012 Edition” report
This worldwide report segments the market into machine vision hardware, software and services accessories for EMEA, Americas, Asia Pacific and Japan. Hardware is segmented into seven groups and analyses the market in terms of revenues, shipments and average selling prices. Where relevant, further market splits include those by geographic sub-region, communication technology and sensor type. Estimated market shares for the top suppliers if each product group are also presented.
 
About IMS Research 
IMS Research, recently acquired by IHS (NYSE: IHS), is a leading supplier of market research and consultancy to over 2500 clients worldwide, including most of the world’s largest technology companies. Established in the UK in 1989, IMS Research now has dedicated analyst teams focused on the factory automation, automotive, communications, computer, consumer, display, financial & ID, LED & lighting, medical, power & energy, solar PV, smart grid and security markets.  Currently publishing over 350 different syndicated report titles each year, these in-depth publications are used by major electronics and industrial companies to assess market trends, solve marketing problems, and improve the efficiency of their businesses.

 

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