Wellingborough, UK – 27th March 2012 – IMS Research (recently acquired by IHS) has revealed in its quarterly tracker of the machine-vision market that from 2010 to 2011 the market in Asia Pacific grew significantly less than those in EMEA or the Americas.
The tracker takes published as well as submitted data from leading suppliers to the market to calculate the overall effect in revenues; they showed that the estimated worldwide growth from 2010 to 2011 was 12.8 percent; in EMEA and the Americas it was 16.8 percent and 16.1 percent respectively but Asia Pacific was much less at 8.5 percent.
“This result is contrary to what might be expected”, commented John Morse, senior market analyst, IMS Research. “I have been tracking this market on a quarterly basis since 2006 and always found Asia to be leading the charge in growth terms”.
Morse continued, “Over a third of the machine-vision business in Asia Pacific is in Japan (included in Asia Pacific in the tracker). Most manufacturers questioned believe that the slower economic growth in Japan, exacerbated by the tsunami and subsequent infrastructure problems resulted in the low growth figure for the whole region.
However, research for the current report on the world market for machine vision has revealed that the remainder of the Asia Pacific market, led by China, South Korea and Taiwan, has grown faster than either the EMEA or the American market”.
The machine-vision market tracker showed that business during the first half of 2011 was very buoyant but tailed off somewhat during the third and fourth quarters. Morse added finally, “I am very interested to see how 2012 pans out, as there are very mixed views amongst manufacturers at present”.
For more information please contact:
John Morse
[email protected]
Tel: +44 1933-402255
Alternative Contacts
Europe
Alex Whiting
[email protected]
Tel: +44 1933 402 255
USA
Janice Sampson
[email protected]
Tel: +1 512 302 1977
Asia Pacific
Yvonne Zhang
[email protected]
Tel: +86 21 6720 1823
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About IMS Research
IMS Research is a leading independent supplier of market research and consultancy to the global electronics industry, offering syndicated market studies, custom research and consultancy services. Clients include most of the household names in the industry. IMS Research has offices in Europe, the US, China, Taiwan, South Korea, and Japan. To find out more, contact IMS Research: [email protected]; T: +44 (0) 1933 402255; http://www.imsresearch.com
About IHS
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs more than 5,500 people in more than 30 countries around the world.
