Asia Pacific market for machine vision is changing

Projections indicate the Asia Pacific market (excluding Japan) will pass EMEA revenues in the machine vision market by 2015.


IMS Research (recently acquired by IHS Inc. (NYSE:IHS)) 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. Courtesy: IMS Research

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. 

Figure 2 shows a very different picture with Japan removed as part of the Asia Pacific equation. Courtesy: IMS Research

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.”

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Choosing controllers: PLCs, PACs, IPCs, DCS? What's best for your application?; Wireless trends; Design, integration; Manufacturing Day; Product Exclusive
Variable speed drives: Smooth, efficient, electrically quite motion control; Process control upgrades; Mobile intelligence; Product finalists: Vote now; Product Exclusives
Machine design tips: Pneumatic or electric; Software upgrades; Ethernet advantages; Additive manufacturing; Engineering Leaders; Product exclusives: PLC, HMI, IO
This article collection contains the 5 most referenced articles on improving the use of PID.
Learn how Industry 4.0 adds supply chain efficiency, optimizes pricing, improves quality, and more.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Cyber security cost-efficient for industrial control systems; Extracting full value from operational data; Managing cyber security risks
Drilling for Big Data: Managing the flow of information; Big data drilldown series: Challenge and opportunity; OT to IT: Creating a circle of improvement; Industry loses best workers, again
Pipeline vulnerabilities? Securing hydrocarbon transit; Predictive analytics hit the mainstream; Dirty pipelines decrease flow, production—pig your line; Ensuring pipeline physical and cyber security