Finance

The market for advanced imaging technology for automotive applications is expected to be worth $7.3 billion by 2021, according to a new report from market research company Yole Développement

The European vision industry is expected to grow eight per cent in 2016, according to the latest figures from VDMA Machine Vision, while the North American market remains static

Cognex has purchased German-based 3D firm EnShape for an undisclosed fee, adding to Spanish 3D software firm Aqsense, which it bought in August

Flir Systems posted third quarter revenue of $405.2 million, up 6 per cent over Q3 2015 results; its OEM and Emerging Markets segment - within which Point Grey’s portfolio will operate - increased 22 per cent

Thermal imaging giant, Flir Systems, has acquired Point Grey Research for $253 million in cash

Following a relatively static first quarter in 2016, machine vision company sales picked up in the second quarter, with Stemmer Imaging and the Digital Imaging segment of Teledyne Technologies both recording around 10 per cent growth

North American sales of machine vision components and systems fell 11 per cent year over year to $546 million in the first quarter of 2016, according to new statistics issued by AIA

Imaging companies have posted relatively static reports for the first quarter of 2016. Cognex's and Teledyne Dalsa's sales were both down year-on-year, by 5 per cent and 0.6 per cent respectively

North American sales of machine vision components and systems remained static in 2015 after contracting 15 per cent in Q4, according to new statistics issued by AIA

The European vision industry is expected to have grown 10 per cent in 2015, according to the latest figures from the machine vision arm of the VDMA