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During April and June, EMVA (European Machine Vision Association) conducted a bipartite survey on the effects of COVID-19 pandemic for the machine vision industry. A standardized questionnaire was distributed via email to a variety of industry participants, both EMVA member companies and those from the wider industry.
A plurality of participants expect a U-shaped economic development during and after the crisis. Approximately a quarter indicated a double-dip W-shaped recession caused by catch-up investments post-lockdown, followed by a slowdown due to missing order income during the lockdown period, and a possible threat of a second infection wave. On average, the participants anticipate the machine vision industry to contract by 17%…READ MORE