Report Code: A08955 | Pages: NA | Mar 2023 | 2804 Views | ||
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Pandemic disrupted the entire world and affected many industries.
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Request Now !Digital imaging is the development of a digitally encoded image of an object's visual properties, such as a physical scene or an object's internal structure. Digital imaging systems are a full digitization solution tailored to rare and precious items of cultural heritage. Digital imaging is used by scholars and organizations from the digital humanities to digitize artifacts or precious items.Â
The ability to create digital copies indefinitely without any loss of picture quality is one of the advantages of a digital image over an analog image. In addition, digital imaging provides ability to recreate the quality of partially damaged images, thereby removing the risk of modifying or damaging the original.
The global digital imaging market is segmented on the basis of technology, application, industry vertical, and region. Based on technology, the digital imaging market is divided into machine vision, metrology, radiography, and LiDAR. In terms of application, the market is categorized into inspection, reverse engineering, and surveying. On the basis of industry vertical, the market is divided into automotive, aerospace, oil & gas, energy & utility, manufacturing, construction, consumer electronics, food & beverages, and pharmaceutical. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Top Impacting Factors
Growth of the market is due to the ability of digital imagery to increase customer data accessibility that allows businesses to accurately shape a company's research and development base. Factors such as technological advantage over traditional methods, increased need for industrial automation and increased consumer awareness raising safety and quality standards is expected create growth opportunities for digital imaging market.Â
The inspection application is projected to have a significant market share during the forecast period. Inspection is an important method for manufacturing industry quality assurance, such as the manufacture of automobiles, aerospace, machinery and semiconductors. Quality assurance is an integral part of any manufacturing process because it enables smooth operation of these processes without incurring any additional costs hence, driving the growth of global market.
The automotive industry is one of the leading sector in the market as it focuses on high-value ideas along with cost cutting product. The digital imagery is required in process creation phases, qualification processes, and production processes. Rising adoption of industry 4.0 in automotive sector to make the processes more efficient through timely detection of flaws is expected to driving the growth digital imaging market.
In Asia-Pacific, the market is anticipated to grow at the highest CAGR during the forecast period, owing to advances in economic growth, infrastructural developments, and power plant construction, which are expected to boost digital imaging growth. Strong demand growth in Asia-Pacific can also be attributed to massive expansion and modernization of infrastructure in manufacturing industries in countries such as India and China. Countries in Asia-Pacific are active in defense aircraft production, which is expected to expand penetration of digital imaging in the aerospace and defense industries
Implementation of the digital imaging technology in photo sharing integrated cameras equipped with Wi-Fi is the major trend for market. Â The Internet itself is encouraging the development of digital imaging in the years to come. On the other side, drones equipped with digital imaging technology are introduced to the planet to provide unique pictures or videos which are special. The camera-equipped drones do have the capability to provide spherical images of 360 degrees.
COVID-19 Scenario Analysis
Questions Answered in the Digital Imaging Market Research Report
Digital Imaging Market Report Highlights
Aspects | Details |
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Key Market Players | GE (US), Olympus (Japan), Hexagon (Sweden), Cognex (US), Nikon (Japan), OMRON (Japan), Ametek (US), Matrox (Canada), Teledyne Technologies (US), National Instruments (US), Keyence (Japan) |
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