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Editor: Lou Reade Advertising Sales: David Chadd
Spring 2024
Industry update from the UK Industrial Vision Association
Machine vision market could treble by 2028 Global demand for machine vision systems is projected to expand threefold over the next five years, driven largely by artificial intelligence (AI). system markets if its benefits cannot be properly explained, the report added.
A study from ABI Research – Industrial machine vision systems: innovations, key players, and differentiators driving quality management excellence – says the market is facing a period of “significant evolution”, with AI techniques such as machine learning acting as enabling technologies.
“AI is improving the efficiency of the machine vision market,” said James Prestwood, industrial and manufacturing industry analyst at ABI Research. “However, while many AI solutions can easily integrate with existing machine vision hardware and software, its lack of ‘explainability’ can be challenging.” AI can increase inspection speeds and enable the movement of quality upstream – while being more adaptable than traditional software. However, it could struggle to gain acceptance in high-regulation vision
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ABI estimates that the quality control machine vision market will swell from US$2.3 billion in 2023 to US$7.2bn in 2028 – an increase of more than 210%.
“While some AI vendors are making great strides to support their software with this functionality, it is not yet a standard feature,” said Prestwood. The ability to streamline the integration of AI techniques into vision systems will be critical to its adoption, he concluded.
“For most manufacturers, budget and build complexity will be defining factors for choosing off-the-shelf and build-your-own solutions,” he said. “Smaller manufacturers will likely find the greatest use for off-the-shelf solutions due to their lower cost and simpler requirements.”
CONTENTS Application Articles .......................... 3-4 Listing and vision systems ................. 7-9 Product Updates ............................. 11-15
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www.ukiva.org
www.ukiva.org