Global vision market faces headwinds
Sep 14, 2023 — In August, two machine vision bellwethers, Cognex and Basler, reported their quarterly earnings. Basler, a German manufacturer of cameras and accessories, reported that incoming orders decreased to €94 million ($102 million) in the first six months of 2023 — a decrease of 41% from the same period last year. Management cited weakened demand from consumer electronics, logistics, and laboratory automation equipment in Asia and North America.