During April and June 2020, the EMVA conducted a bipartite survey on the effects of the COVID-19 crisis for the machine vision industry. A standardized questionnaire was distributed by email to a wide range of industry participants, both EMVA member companies and from the wider industry.
The results were complemented and verified by a series of telephone interviews with senior managers and executives from selected companies representing as wide a cross section of the industry as possible.
The majority of participants expect a U-shaped economic development during and after the crisis. On average the survey participants anticipate the machine vision industry to contract by 17% in 2020. Customer industries related to health matters along with the food industry are expected to benefit from the crisis while the automotive industry is seen to suffer most. Machine vision supply chains are not yet severely in danger.
Working from home is proving to be an efficient tool to maintain business operations, whereas trade shows and other business meeting opportunities are dearly missed. Although COVID-19 certainly places serious constraints to the overall economic outlook for many machine vision enterprises, participants of the survey have also identified possible opportunities for the machine vision industry arising from the global crisis.
Back to News
