Posted in | News | Imaging

High Demand for Low-Cost and 3D Camera Series Ensures Good Forecasts

The South German industrial camera manufacturer IDS Imaging Development Systems GmbH was able to far exceed industry expectations in the first half of 2023. Instead of the 13 percent increase in turnover forecast by the VDMA for the machine vision industry, the company generated over 40 million euros, corresponding to a 49 percent increase in turnover compared to the same period last year.

In light of the current market, the Obersulm-based camera manufacturer expects a slowdown in the second half of the year and anticipates overall growth of between 15 and 20 percent year-on-year by the end of 2023.

Our order books are well filled and are being worked through at record levels after the pandemic-related bottlenecks... We have learned from the supply chain challenges of the past years, optimised production as well as adjusted our supply chains. This makes us a reliable partner for our customers. This is being rewarded by the market, with incoming orders currently 10 per cent higher than planned.

IDS Managing Director Alexander Lewinsky

The success is based primarily on three pillars.

Firstly, we are observing a 3D segment that continues to grow strongly... We are seeing a significant increase in demand for high-performance, low-cost models for large-volume applications.

Jan Hartmann, IDS Managing Partner

The German company also sees growth potential in the 2D segment. Cameras with high data rates and faster and larger sensors are increasingly in demand, and the new low-cost series also contribute significantly to incoming orders.

One of the hot topics in the industry in terms of process optimization and, thus, cost reduction is artificial intelligence (AI).

Digitalisation and AI, paired with image processing, are key components for automation and robotics, which are advancing in huge dimensions... Image processing in combination with AI opens up new fields of application that we urgently need in order to meet global challenges such as a shortage of skilled workers or global warming. Resource-saving applications will inevitably become more and more important. Vision systems can make a decisive contribution here. 

Image processing, especially in interaction with AI, is an enabler technology for digital transformation and thus of great importance for the future. User-friendliness and simple integration are key issues here.

Jan Hartmann, IDS Managing Partner

To this end, IDS is expanding its AI vision commitment, taking advantage of the market calm for strategic projects and thus setting the course for a successful second half of the financial year. Further Information: https://en.ids-imaging.com/about-us.html

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    IDS Imaging Development Systems GmbH. (2023, August 07). High Demand for Low-Cost and 3D Camera Series Ensures Good Forecasts. AZoOptics. Retrieved on October 30, 2024 from https://www.azooptics.com/News.aspx?newsID=28381.

  • MLA

    IDS Imaging Development Systems GmbH. "High Demand for Low-Cost and 3D Camera Series Ensures Good Forecasts". AZoOptics. 30 October 2024. <https://www.azooptics.com/News.aspx?newsID=28381>.

  • Chicago

    IDS Imaging Development Systems GmbH. "High Demand for Low-Cost and 3D Camera Series Ensures Good Forecasts". AZoOptics. https://www.azooptics.com/News.aspx?newsID=28381. (accessed October 30, 2024).

  • Harvard

    IDS Imaging Development Systems GmbH. 2023. High Demand for Low-Cost and 3D Camera Series Ensures Good Forecasts. AZoOptics, viewed 30 October 2024, https://www.azooptics.com/News.aspx?newsID=28381.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.