Finance

The German engineering association, VDMA, has raised its 2017 forecast from 10 to 18 per cent growth in machine vision turnover in Germany, corresponding to €2.6 billion

The North American machine vision market has shown record performance in the first half of 2017, demonstrating sales totalling $1.241 billion, an increase of 11 per cent

Hyperspectral imaging firm Specim has received €3.5 million of investment from Bocap SME Achievers Fund II Ky

Basler has seen a 62 per cent increase in sales and a 100 per cent increase in incoming orders for the first half of 2017. Sales amounted to €78.5 million, while the group's incoming orders were €100.4 million

Cognex continues its growth trajectory with a 17 per cent increase in revenue year-on-year for the second quarter of 2017

Flir Systems has posted revenue of $434.1 million for the second quarter of 2017, up 8 per cent over the second quarter of 2016

The infrared camera market is predicted to reach $6.8 billion by 2023, according to new research by Global Market Insights

Wilhelm Stemmer has sold 75.04 per cent of shares in Stemmer Imaging to Munich-based AL-KO, a supplier of automotive technology, gardening implements and air conditioning equipment

Alpina Partners, an independent investment firm, has acquired a significant shareholding in Virtalis, a virtual reality (VR) provider that will become part of a larger group of software companies in Alpina’s portfolio

The global machine vision market is expected to reach $19.22 billion by 2025, according to market research firm Grand View Research