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No matter how you look at it, the vision industry is healthy. That was evident last month at VISION 2007 in Stuttgart's new Trade Fair Centre.
About 6,000 visitors (up 13 percent from 2006) and 281 exhibitors (up 31 percent) attended the show. Even more important, 59 percent of those who were inclined to invest said that they were making a new investment in machine vision, according to Messe Stuttgart. Fifty percent said they intended to make additional purchases and 15 percent said that their purchase intentions involved replacement investments. (Yes, I know that adds up to 124 percent, but some responded in more than one category.)
When sifting through all the exciting new technology at VISION, one element seemed to stand out for me: advancements in 3D. Here are three quick examples:
SPARC produces three-dimensional images of objects with only a single recording, making it possible to analyze moving objects. In addition, the company says, the system only uses standard components and no moving mechanical elements, producing a robust system with good price/performance ratio.
Finally, getting back to the health of the industry, Paul Kellett, Automated Imaging Association Director—Market Analysis, revealed the results of an AIA study during the organization's annual networking reception. The new study included two parts: a financial ratio analysis and an analysis of stock market performance of 28 of the world's largest, publicly traded machine vision companies over a three-year period.
The machine vision industry, he said, is healthy and exhibiting the moderate performance that one might expect from an established industry.