Report Code: A08318 | Pages: NA | Jul 2023 | 2444 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Borescope Market
Request Now !Industrial borescope is an optical device utilized to inspect areas where manual intervention and access in pipelines, tubing, wells, and other boring areas are difficult. Industrial borescope consists of controllers, optical fibers/crawlers, eye-pieces, cameras, and platforms for lifting and lighting. Optical fibers or crawlers are used in borescopes to illuminate obstacles to reach inaccessible detection areas while optical lens & eye-pieces provide a magnified view of the target area. Borescope also assists in monitoring of aircraft engines, industrial gas turbines, especially gas turbines, fuel systems, and steam turbines due to their high safety measures
This COVID-19 lockdown would help companies think about more advanced borescopes to enhance efficiency.
Borescope is favored in the industrial sector where accessibility is disruptive, costly, and time-consuming. Due to these pre-eminent inspection characteristics, demand for industrial borescopes increases inspection and maintenance operations in the manufacturing industry, which drives the market. Industrial borescopes have become indispensable part of inspection activities in pipeline inspection, mainly in the oil & industry, and offer economic benefits by minimizing inspection time, downtime and labor costs. Throughout the technological era, main manufacturers focus on ongoing technological developments to generate new avenues for growth by targeting untapped areas of use, which gives impetus to the market growth. In addition, price of industrial borescope is comparatively less compared to other equipment due to which preference of users have moved toward use of borescopes.
The global borescope market trends are as follows:
The automotive industry is predicted to experience highest CAGR during the forecast period. Borescopes are used mainly to identify and diagnose engine, valves, fuel pipe wear, carbon particles, and blockages. Demand for borescopes in the automotive industry is expected to increase, owing to high adoption of vehicles in developed countries.
The borescope market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. China and Japan are the key contributors to the market growth. In emerging economies such as China, India, and Japan, rapid growth of automotive, power generation, and aviation industries has led to growth of the Asia-Pacific borescope industry.
A borescope has an angle of 0 ° for straight-on viewing, while a borescope offering side view of a tube has an angle of 90°. Borescopes with the latter viewing angle, with greater detail than a straight-ahead borescope, can examine piping and other small cavities. High growth for borescopes between 0 ° and 90 ° can be attributed to increase in demand from industries such as aviation, automotive, and electricity.
Key benefits of the report:
Questions answered in the borescope market research report:
Borescope Market Report Highlights
Aspects | Details |
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By Type |
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By Diameter |
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By Angle |
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By End User |
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By Region |
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Key Market Players | FLIR (US), Vizaar (Germany), SKF (Sweden), Stanlay (India), FLUKE (US), Gradient Lens Corporation (US), AIT (US), Olympus (Japan), Baker Hughes (US), JME Technologies (US) |
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