Home / Knowledge / News / Textiles / German machine vision industry to increase by 18%
German machine vision industry to increase by 18%
26
Nov '10
“An unusually high number of incoming orders for machine vision have clearly accelerated recovery after the crisis of last year”, said Dr. Olaf Munkelt, Chairman of the Board of VDMA Machine Vision, at the VISION press lunch which took place in Stuttgart.

“For the current year, we are expecting turnover for the German machine vision industry to increase by 18% and reach 1.1 billion Euro”, he continued. However, international economic growth is currently slowing down. Taking this into consideration, VDMA Machine Vision is predicting that there will be a moderate increase in turnover for 2011 (approx. 5%) for the machine vision industry. “Despite the impressive growth we are experiencing now, the fact that our industry has not yet returned to the turnover levels of 2008 should not be overlooked. If we have predicted the situation correctly, it will be 2012 at the earliest before we are back on top”, he explained.

Good atmosphere in the capital goods industry
Machine and plant manufacture also suffered heavy losses in 2009. However since the summer of 2009, incoming orders have continued to increase. The order curve has taken an exemplary course, almost in the shape of a V, which is why VDMA doubled its production forecast for 2010 as early as September from three to six percent. For 2011, a production increase of eight percent is expected.

Three quarters of machine vision turnover still from Europe
Almost half of the overall turnover for the German machine vision industry was allotted to the domestic market in 2009. A further 26 percent came from other European countries, meaning that three-quarters of the overall turnover was realised within Europe. It is the same story for European machine vision in general. According to analyses carried out by the European Machine Vision Association (EMVA), European machine vision suppliers made almost 73 percent of their turnover in Europe in 2009.

Growth impulses from the emerging nations
From forecasts regarding the development of gross domestic product, emerging nations appear to be making major progress. In particular the BRIC states who are reaching, both in the BIP forecasts for 2010 and for 2011, far beyond the average for global economic growth. For the machine vision industry, there are superb prospects for growth here because the emerging nations urgently require technology to increase their quality and productivity in industrial production. Against this background, a disproportionately high growth figure can be expected for machine vision supplies, especially in the Asian markets.

Growth through innovation
There is also potential for growth in the new machine vision technology. 3D applications have been steadily rising for years now. From 2008 to 2009 alone, the number of "3D trade fairs" increased significantly from 10 to 15 percent. There is also a similar trend shown on the European stage. Here, the figure was even 16 percent for 2009. Through the integration of 3D, machine vision is set to become more powerful and clearly increase its economical potential – used for anything from the inspection of adhesive beading to the adjustment of disorganised parts in a crate to the measurement of irregularly formed salamis! Traditional 3D procedures are constantly being improved and new procedures are being developed in the process. Another technological aspect driving growth is the increase of standardisation in machine vision. Standardised interfaces facilitate the integration of individual machine vision components into a complete functioning system. This reduces the effort needed and contributes to the efficiency and economy of machine vision.


Must ReadView All

Serbian economy minister Goran Knezevic (left) and Taypa president Mesut Toprak after signing the MoU. Courtesy: Serbian Government/SeeNews

Textiles | On 20th Oct 2017

Turkish group Taypa to build textile factory in Serbia

Turkish textile group Taypa will invest euro 35 million ($41.2...

China’s textile & apparel exports rise 4.3% in Sept ’17

Textiles | On 20th Oct 2017

China’s textile & apparel exports rise 4.3% in Sept ’17

Registering an increase of 4.3 per cent year-on-year, the exports of...

Courtesy: Messe Frankfurt

Textiles | On 20th Oct 2017

Heimtextil to focus on textile solutions for architects

Heimtextil 2018, world's leading trade fair for home and contract...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Top executives
Textile & apparel bodies

The decision is transformational

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.9%
No
13.2%
Skip
8.8%

Total Votes: 68

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
27.9%
Skip
10.3%

Total Votes: 68

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.3%
No
10.3%
Skip
4.4%

Total Votes: 68

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.0%
No
11.8%
Skip
13.2%

Total Votes: 68


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search