1. North American Vision Market Update
Alex Shikany
AIA Director of Market Analysis
11/09/2016

2. Agenda Latest Vision Statistics Manufacturing Indicators
Industry Trends
Economic Outlook

3. 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

4. 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

5. Cameras $39.3 million Avg. Quarterly Sales Vision Statistics
Manufacturing
Trends
Economy
*Projected

6. Lighting $12.6 million Avg. Quarterly Sales Vision Statistics
Manufacturing
Trends
Economy
*Projected

7. Optics $8.8 million Avg. Quarterly Sales Vision Statistics
Manufacturing
Trends
Economy

8. Imaging Boards $9.1 million Avg. Quarterly Sales Vision Statistics
Manufacturing
Trends
Economy
*Projected

9. Software $3.8 million Avg. Quarterly Sales Vision Statistics
Manufacturing
Trends
Economy
*Projected

10. ASMV Systems $383.8 million Avg. Quarterly Sales Vision Statistics
Manufacturing
Trends
Economy
*Projected

11. Smart Cameras $65.9 million Avg. Quarterly Sales Vision Statistics
Manufacturing
Trends
Economy
*Projected

12. Relationship to Semicon
R Square = 0.763
Vision Statistics
Manufacturing
Trends
Economy

13. Forecast
Vision Statistics
Manufacturing
Trends
Economy

14. 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

15. 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

16. Militaries are Using More Vision
Industry Trends
Militaries are Using More Vision
Keeping soldiers safe
Increased precision
More repeatability
Vision Statistics
Manufacturing
Trends
Economy

17. Intelligent & Embedded Automation
Industry Trends
Intelligent & Embedded Automation
Vision Statistics
Manufacturing
Trends
Economy

18. Economy
Vision Statistics
Manufacturing
Trends
Economy

19. Economy
Source: MAPI
Vision Statistics
Manufacturing
Trends
Economy

20. Economy
Vision Statistics
Manufacturing
Trends
Economy

21. Economy
Vision Statistics
Manufacturing
Trends
Economy

22. 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

23. Mexico Growth in robotics and automation
Opportunities for new business
Proximity to U.S.
Vision Statistics
Manufacturing
Trends
Economy

24. Canada Automotive is big industry
Mining and forestry are important markets
Earlier stage of adoption overall
Vision Statistics
Manufacturing
Trends
Economy

25. 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

26. Contact Information
Alex Shikany Director of Market Analysis
900 Victors Way, Suite 140 Ann Arbor, MI 48108, USA
Phone: (734)
Twitter: @AlexShikany
Web: