North American Vision Market Update Alex Shikany AIA Director of Market Analysis 11/09/2016
Agenda Latest Vision Statistics Manufacturing Indicators Industry Trends Economic Outlook
Latest Vision Statistics North American Results – Annual – Millions Markets 2013 2014 2015 2016* M $ Growth Vision Components $270 -1% $305 9% $316 4% $319 1% Vision Systems $1,692 11% $1,965 14% $1,962 0% $1,944 Other Vision $11 -12% $8 -21% 3% $9 Total Financial Transactions $1,973 $2,278 13% $2,286 $2,272 *Projected Vision Components = Cameras + Optics + Lighting + Imaging Boards + Software Vision Systems = Smart Cameras + ASMV Systems Other Vision = All Other Vision Transactions Including Resale Total Financial Transactions = Vision Components + Vision Systems + Other Vision Vision Statistics Manufacturing Trends Economy *Projected
Latest Vision Statistics North American Results – 2016 Quarterly – Millions Markets 1Q 2016 2Q 2016 3Q 2016* M $ Growth Vision Components $79 -7% $80 0% $81 5% Vision Systems $465 -12% $495 -4% $498 8% Other Vision $2 9% 6% 3% Total Financial Transactions $546 -11% $578 -3% $581 7% *Projected Vision Components = Cameras + Optics + Lighting + Imaging Boards + Software Vision Systems = Smart Cameras + ASMV Systems Other Vision = All Other Vision Transactions Including Resale Total Financial Transactions = Vision Components + Vision Systems + Other Vision Vision Statistics Manufacturing Trends Economy *Projected
Cameras $39.3 million Avg. Quarterly Sales Vision Statistics Manufacturing Trends Economy *Projected
Lighting $12.6 million Avg. Quarterly Sales Vision Statistics Manufacturing Trends Economy *Projected
Optics $8.8 million Avg. Quarterly Sales Vision Statistics Manufacturing Trends Economy
Imaging Boards $9.1 million Avg. Quarterly Sales Vision Statistics Manufacturing Trends Economy *Projected
Software $3.8 million Avg. Quarterly Sales Vision Statistics Manufacturing Trends Economy *Projected
ASMV Systems $383.8 million Avg. Quarterly Sales Vision Statistics Manufacturing Trends Economy *Projected
Smart Cameras $65.9 million Avg. Quarterly Sales Vision Statistics Manufacturing Trends Economy *Projected
Relationship to Semicon R Square = 0.763 Vision Statistics Manufacturing Trends Economy
Forecast Vision Statistics Manufacturing Trends Economy
Vision in Life Sciences Industry Trends Vision in Life Sciences Lab Automation / Drug Discovery Microscopy Medical Imaging Image from Commercial Microscope Image from Modified iPhone Camera Computer scientists are developing new adaptive mobile technology which could enable blind and visually-impaired people to 'see' through their smartphone or tablet. Funded by a Google Faculty Research Award, specialists in computer vision and machine learning based at the University of Lincoln, UK, are aiming to embed a smart vision system in mobile devices to help people with sight problems navigate unfamiliar indoor environments. Based on preliminary work on assistive technologies done by the Lincoln Centre for Autonomous Systems, the team plans to use color and depth sensor technology inside new smartphones and tablets, like the recent Project Tango by Google, to enable 3D mapping and localization, navigation and object recognition. The team will then develop the best interface to relay that to users – whether that is vibrations, sounds or the spoken word. Vision provides affordable, high-res solutions for doctors in developing countries X-Ray cameras and image processing equipment capture and store digital X-Ray images in place of X-Ray films Vision provides efficient guidance for lab robots and automated inspection of pharmaceutical drugs Vision Statistics Manufacturing Trends Economy
Industry Trends Traffic Management Traffic Control Electronic Toll Collection License Plate Recognition The Traffic Management industry is adopting more vision for: Electronic toll collection License plate recognition Traffic control Computer scientists are developing new adaptive mobile technology which could enable blind and visually-impaired people to 'see' through their smartphone or tablet. Funded by a Google Faculty Research Award, specialists in computer vision and machine learning based at the University of Lincoln, UK, are aiming to embed a smart vision system in mobile devices to help people with sight problems navigate unfamiliar indoor environments. Based on preliminary work on assistive technologies done by the Lincoln Centre for Autonomous Systems, the team plans to use color and depth sensor technology inside new smartphones and tablets, like the recent Project Tango by Google, to enable 3D mapping and localization, navigation and object recognition. The team will then develop the best interface to relay that to users – whether that is vibrations, sounds or the spoken word. Vision Statistics Manufacturing Trends Economy
Militaries are Using More Vision Industry Trends Militaries are Using More Vision Keeping soldiers safe Increased precision More repeatability Vision Statistics Manufacturing Trends Economy
Intelligent & Embedded Automation Industry Trends Intelligent & Embedded Automation Vision Statistics Manufacturing Trends Economy
Economy Vision Statistics Manufacturing Trends Economy
Economy Source: MAPI Vision Statistics Manufacturing Trends Economy
Economy Vision Statistics Manufacturing Trends Economy
Economy Vision Statistics Manufacturing Trends Economy
MFG to U.S. China’s unit labor costs are just 4% lower than in the U.S. since wage growth has outpaced productivity growth and the yuan has appreciated. While manufacturing output per employee in China doubled between 2003 and 2016, the U.S. remains 80% to 90% more productive. U.S. manufacturing may not be in a renaissance yet, but studies are finding increasing interest and signs of a shift. Vision Statistics Manufacturing Trends Economy
Mexico Growth in robotics and automation Opportunities for new business Proximity to U.S. Vision Statistics Manufacturing Trends Economy
Canada Automotive is big industry Mining and forestry are important markets Earlier stage of adoption overall Vision Statistics Manufacturing Trends Economy
Valuable market insight: Visit www.VisionOnline.org AIA’s New Camera Study Valuable market insight: How is the market changing? What are the sweet spots in the market? What product features are the most popular? What geographic regions are contributing the most sales? How do different types of cameras compare in terms of their pricing, demand, market penetration and rates of growth? Visit www.VisionOnline.org
Contact Information Alex Shikany Director of Market Analysis 900 Victors Way, Suite 140 Ann Arbor, MI 48108, USA Phone: (734) 994-6088 Email: ashikany@visiononline.org Twitter: @AlexShikany Web: www.visiononline.org