The new report is updated with the impact of the COVID-19 pandemic on the Surface Inspection market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Surface Inspection market.
The report size reached USD 3.22 Billion in 2020 and is expected to register a revenue CAGR of 8.3%, during the forecast period. Increasing usage of smart cameras and powerful image processors, as well as increasing integration of surface inspection systems with Artificial Intelligence (AI), the Industrial Internet of Things (IIoT), and cloud services, are expected to continue to drive global surface inspection market revenue growth between 2021 and 2028.
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Rising application of surface inspection systems in the automotive industry is also expected to propel revenue growth of the market during the forecast period. For preventing errors at all phases of manufacturing, the automotive industry is reliant on high-quality surface inspection systems. Various material and production-induced faults are captured by surface inspection systems.
Report Objective:
The report offers a complete analysis of the global Surface Inspection market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. Basler AG, ISRA Vision AG, Keyence Corporation, Omron Corporation, Cognex Corporation, Teledyne Technologies Inc., Matrox Electronic Systems Ltd., Datalogic S.p.A., AMETEK, Inc., and SICK AG and others are some of the top companies profiled in the report.
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Emergen Research has segmented the global surface inspection on the basis of surface type, component, system, deployment type, end-use, and region:
Surface Type Outlook (Revenue, USD Billion; 2018–2028)
2D
3D
Component Outlook (Revenue, USD Billion; 2018–2028)
Software
Hardware
Cameras
Lighting Equipment
Processors
Optics
Frame Grabbers
Others
System Outlook (Revenue, USD Billion; 2018–2028)
Camera-based
PC- based
Deployment Type Outlook (Revenue, USD Billion; 2018–2028)
Robotic Cells
Traditional Systems
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Automotive
Electrical & Electronics
Food & Beverage
Healthcare
Printing
Logistics
Others
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Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Questions addressed in the report:
What is the estimated market growth rate throughout the forecast period?
Which end-use industry is expected to witness the highest demand for Surface Inspection in the near future?
What is the regulatory framework governing the application of Surface Inspection in the food industry?
Which manufacturing processes are utilized for the production of Surface Inspection?
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