Surface Inspection Market 2021 Business Development – Basler AG, ISRA Vision AG, Keyence Corporation, Omron Corporation
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. 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. Surface scanning can be used to check defects in complicated parts such as crankcases, cylinder bores, and cylinder heads, and also surface parts like printed electronics and cylinder head gaskets.
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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.
The global Surface Inspection market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Surface Inspection market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Surface Inspection market.
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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
The report covers the analysis of the factors anticipated to drive the Global Surface Inspection Market growth over the forecast period of 2021-2028. The report is an all-inclusive document covering the market landscape and a futuristic perspective on its growth and progress. The report also provides an analysis of the entry-level driving and restraining factors for the new entrants contributing to the market. The report considers 2020 as the base year and 2018-2019 as the historical years. It puts examines the drivers and restraints of the Surface Inspection market and analyzes their impact on the industry throughout the forecast period.
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