Surface Inspection Market Size, Share, Trends, Demand, Growth, Techniques, Overview, Segmentations, Classifications & Forecasts to 2028
The global surface inspection market size reached USD 3.22 Billion in 2020 and is expected to register a revenue CAGR of 8.3%, during the forecast period, according to latest analysis by Emergen Research. 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. Rising application of surface inspection systems in the automotive industry is also expected to propel revenue growth of the market during the forecast period.
The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Surface Inspection industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Surface Inspection industry.
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Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
Some Key Highlights From the Report
Software segment revenue is expected to expand at a significantly rapid CAGR during the forecast period. One of the major components of the surface inspection system is software. Image capture, processing, and analyzing operations are all controlled by software.
Automotive segment is expected to register a significantly robust revenue growth rate over the forecast period. Various large components, like door panels, must be inspected using several cameras in the automotive industry, driving revenue growth of the segment.
Asia Pacific is expected to account for a larger revenue share than other regional markets over the forecast period. Robust presence of key players including Omron Corporation and Keyence Corporation are among others in countries in the region is expected to drive market growth in Asia Pacific.
Some major companies in the market report include 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
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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
Major Regions play vital role in Travel Bags Market are:
North America
Europe
China
Japan
Middle East & Africa
India
South America
Others
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Report Objectives
Examine the size of the global Surface Inspection market based on the parameters of value and volume.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Surface Inspection market.
Explore the underlying dynamics of the global Surface Inspection market.
Highlight significant trends of the global Surface Inspection market based on factors including, production, revenue, and sales.
Extensively profile top players of the global Surface Inspection market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Analyze the performance of different regions and countries in the global Surface Inspection market.
Forecast the market size and share of all segments and regions in the global landscape.
The global Surface Inspection market research is carried out at the different stages of the business lifecycle from the production of a product, cost, launch, application, consumption volume and sale. The research offers valuable insights into the marketplace from the beginning including some sound business plans chalked out by prominent market leaders to establish a strong foothold and expand their products into one that’s better than others.
Research Methodology
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Surface Inspection Market Segmentation & Impact Analysis
4.1. Surface Inspection Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for safety and security in transportation
4.2.2.2. Rising demand for operating efficiency
4.2.2.3. Growing demand for autonomous vehicles
4.2.2.4. Increasing demand for traffic management systems
4.2.3. Market restraints analysis
4.2.3.1. Cost-prohibitive Artificial Intelligence systems
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Surface Inspection Market By Process Insights & Trends, Revenue (USD Million)
Chapter 6. Surface Inspection Market By Learning Technology Insights & Trends Revenue (USD Million)
Chapter 7. Surface Inspection Market By Application Insights & Trends Revenue (USD Million)
Chapter 8. Surface Inspection Market Regional Outlook
Continued…
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