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2021
Surface Inspection Market

Surface Inspection Market By Component (Camera, Processor, Frame Grabbers, Lighting Equipment, and Others), Surface Type (2D and 3D), System (Computer-Based System and Camera-Based System), and Industry Verticals (Consumer Electronics, Automotive, Electrical & Electronics, Healthcare, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2030

A09883
Pages: 351
Nov 2021 | 1093 Views
   
Author(s) : Aishwarya Rajvaidya, Divyanshi Tewari , vineet kumar
Tables: 141
Charts: 84
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Surface Inspection Market Outlook - 2030

The global surface Inspection market share was $3.46 billion in 2020, and is projected to reach $7.25 billion by 2030, growing at a CAGR of 8.2% from 2021 to 2030. Surface inspection is a method of inspection of surface. It looks for discontinuities, cracks, and pinholes in the surface, which can be harmful for service life of the product. Surface inspection include use of angled lighting and smart cameras to accurately detect surface flaws and features.

Surface inspection systems or devices are used to inspect web products, coated surfaces, and complex materials such as display glasses of tablets and smartphones. It detects minute scratches, inclusions, or holes in products. In the coming years, the surface inspection industry is expected to generate moderate revenue with investments in development, research, and tests. However, the surface inspection market is reaching its maturing stage, and is expected to generate modest revenue for key players in the coming years.

Infographics_Surface-Inspection-Market-2021-2030

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Surface inspection is largely carried out by automatic inspection systems, cameras, and sensors from the core. It adopted for many applications such as quality assurance, packaging check, error detection, and visual inspection. 

Surface Inspection Market
By Component

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Processor segment is projected as one of the most lucrative segments.

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Factors such as rise in adoption of surface inspection in automotive sector and increase in demand for computer-based surface inspection systems are expected to drive growth of the market in the future. However, complex product design acts as major barrier and hampers the market growth. Furthermore, factors such as growth in demand from medical and pharmaceutical industries and increase in use of collaborative robots in surface inspection are expected to offer lucrative opportunities for growth of the market.

Segmentation

The surface inspection market is analyzed by component, surface type, system, industry verticals, and region. By component, the market is divided into camera, processor, frame grabbers, lighting equipment, and others. By surface type, it is divided into 2D and 3D. By system, it is bifurcated into computer-based system and camera-based system. By industry verticals, it is studied across consumer electronics, automotive, electrical & electronics, healthcare, manufacturing, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with its prominent countries.

Surface Inspection Market
By Surface Type

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3D segment is projected as one of the most lucrative segments.

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Competitive Analysis 

The key players profiled in the report include Basler AG, Sony Corporation, Cognex Corporation, Omron Corporation, Allied Vision Technologies GmBh, Panasonic Corporation, ISRA Vision AG, Teledyne Technologies Incorporated, Keyence Corporation, Matrox Electronic Systems. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

COVID-19 Impact Analysis 

The ongoing spread of COVID-19 has become one of the biggest threats to the global economy and is causing widespread concerns and economic hardship for consumers, businesses and communities across the globe. The “new normal” that includes social distancing and working from home has created challenges with daily activities, regular work, needs, and supplies, causing delayed initiatives and missed opportunities.

The COVID-19 pandemic has impacted the society and overall economy across the globe. The impact of this outbreak has grown day-by-day that affects the supply chain. This has created uncertainty in the stock market; decreased business confidence, slowed supply chain, and increased panic among customers. European countries under lockdown have suffered a major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19, which led to slowdown in growth of the market in 2020.

Surface Inspection Market
By System

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Computer Based System segment is projected as one of the most lucrative segments.

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According to the surface inspection market trends, the COVID-19 pandemic has severely impacted the global manufacturing and industrial sectors as production facilities have stalled, which, in turn, led to significant demand in industries.

Emergence of COVID-19 has declined growth of the surface inspection market in 2020, and is estimated to witness slow growth till the end of 2021. Implementation of partial or complete lockdown across various countries globally is the prime reason for decline in growth rate of the market. As industries were temporarily shut, it reduced the need for maintenance from various industries.

Top Impacting Factors

Notable factors positively affecting the surface inspection market include growth in adoption of surface inspection in automotive sector and increase in demand for Computer-based surface inspection systems for surface defect inspection. However, complex product design hampers growth of the market. Furthermore, rise in demand from medical and pharmaceutical industries and increase in use of collaborative robots in surface inspection is expected to offer lucrative opportunities for the market growth in the coming years.

Surface Inspection Market
By Industry vertical

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Healthcare segment is projected as one of the most lucrative segments.

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Growing Adoption of Surface Inspection in Automotive Sector

Surface inspection systems have gained great popularity with development of programmable hardware processors and built-in image processing techniques, which have characteristics such as fast speed, high precision, low-cost and non-destructive features, improved productivity, and quality management. 

Defect detection on car bodies usually adopt an inspection program flow, which can perform image acquisition, fusion by collecting images of car bodies, image processing, and classification to detect and distinguish millimeter sized defects. Various vehicle inspection systems and techniques have been introduced with the aim for surface defect inspection. 

For instance, the system, developed by Ford Motor Company uses a moving structure made up of several light bars (high-frequency fluorescent tubes) and a set of cameras in fixed positions around the stationary car body can detect millimetric defects of 0.3 mm diameter or greater with different shapes that are very hard to detect, thus improving quality of manual inspection carried out.  Hence, growing adoption of surface inspection and surface inspection market opportunity in the automobile sector positively impacts the market growth and creating.

Complex Product Design

The major factor restraining growth of the global surface inspection market is the complex product design of the inspection system. These systems are a combination of cameras and illumination systems, coupled with some sophisticated image processing. A surface inspection system is setup typically through experimentation. Apart from analyzing different images from defective parts in the defect catalogue, users need to experiment with images of production parts to represent process variation. On the basis of these findings, a preliminary investigation from inspection experts is done, which typically reveals required setup. Moreover, installing such sophisticated system in a rough industrial environment, especially in metal industries is a complex task. All these factors are expected to affect growth of the market.

Surface Inspection Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 10.5% during 2020-2030

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Key Benefits for Stakeholders

  • This study comprises analytical depiction of the surface inspection market size, surface inspection market growth along with the current trends and future estimations to depict imminent investment pockets.
  • The overall surface inspection market analysis and market outlook is determined to understand the profitable trends to gain a stronger foothold. 
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The present surface inspection market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency. 
  • Porter’s five forces analysis illustrates the potency of the buyers and the sensor market share of key vendors.
  • The report includes the market trends, surface inspection market size and the surface inspection market share of key vendors.

Key Market Segments

  • By Component
    • Camera
    • Processor
    • Frame Grabbers
    • Lighting Equipment
    • Others
  • By Surface Type
    • 2D
    • 3D
  • By System
    • Computer Based System
    • Camera Based System
  • By Industry Vertical
    • Consumer electronics
    • Automotive
    • Electricals and Electronics
    • Healthcare
    • Manufacturing
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • Rest of Asia-Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Africa
  • Key Players
    • Basler AG
    • Sony Corporation
    • Cognex Corporation
    • Omron Corporation
    • Allied Vision Technologies GmBh
    • Panasonic Corporation
    • ISRA Vision AG
    • Teledyne Technologies Incorporated
    • Keyence Corporation
    • Matrox Electronic Systems
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Porter’s five forces analysis
3.3.Patent analysis

3.3.1.By region (2020–2030)
3.3.2.By applicant

3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Growth in adoption of surface inspection in the automotive sector
3.4.1.2.Increase in demand for computer-based surface inspection systems

3.4.2.Restraint

3.4.2.1.Complex Product Design

3.4.3.Opportunities

3.4.3.1.Growth in demand in medical and pharmaceutical industries
3.4.3.1.Increase in use of collaborative robots in surface inspection

3.5.COVID Impact

3.5.1.Impact on market size
3.5.2.End user trends, preferences, and budget impact
3.5.3.End user trends, preferences, and budget impact
3.5.4.Parent industry impact
3.5.5.Key player strategies to tackle negative impact

3.5.5.1.Limited cuts to R&D expense
3.5.5.2.Focus on next-generation methods and technologies
3.5.5.3.Shift toward agile supply chain model

3.5.6.Opportunity window

CHAPTER 4:SURFACE INSPECTION MARKET, BY COMPONENT

4.1.Overview
4.2.Camera

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Processor

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Frame Grabbers

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Lighting Equipment

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

4.6.Others

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country

CHAPTER 5:SURFACE INSPECTION MARKET, BY SURFACE TYPE

5.1.Overview

5.2.2D

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.3D

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

CHAPTER 6:SURFACE INSPECTION MARKET, BY SYSTEM

6.1.Overview
6.2.Computer-Based System

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Camera-Based System

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

CHAPTER 7:SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL

7.1.Overview
7.2.Consumer Electronics

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.Electrical & Electronics

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

7.4.Automotive

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country

7.5.Healthcare

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by region
7.5.3.Market analysis, by country

7.6.Manufacturing

7.6.1.Key market trends, growth factors, and opportunities
7.6.2.Market size and forecast, by region
7.6.3.Market analysis, by country

7.7.Others

7.7.1.Key market trends, growth factors, and opportunities
7.7.2.Market size and forecast, by region
7.7.3.Market analysis, by country

CHAPTER 8:SURFACE INSPECTION MARKET, BY REGION

8.1.Overview
8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by component
8.2.3.Market size and forecast, by surface type
8.2.4.Market size and forecast, by system
8.2.5.Market size and forecast, by industry vertical
8.2.6.Market analysis, by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by components
8.2.6.1.2.Market size and forecast, by surface type
8.2.6.1.3.Market size and forecast, by system
8.2.6.1.4.Market size and forecast, by industry vertical

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, by component
8.2.6.2.2.Market size and forecast, by surface type
8.2.6.2.3.Market size and forecast, by system
8.2.6.2.4.Market size and forecast, by industry vertical

8.2.6.3.Mexico

8.2.6.3.1.Market size and forecast, by component
8.2.6.3.2.Market size and forecast, by  surface type
8.2.6.3.3.Market size and forecast, by system
8.2.6.3.4.Market size and forecast, by industry vertical

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by component
8.3.3.Market size and forecast, by surface type
8.3.4.Market size and forecast, by system
8.3.5.Market size and forecast, by industry vertical
8.3.6.Market analysis, by country

8.3.6.1.UK

8.3.6.1.1.Market size and forecast, by component
8.3.6.1.2.Market size and forecast, by surface type
8.3.6.1.3.Market size and forecast, by system
8.3.6.1.4.Market size and forecast, by industry vertical

8.3.6.2.Germany

8.3.6.2.1.Market size and forecast, by component
8.3.6.2.2.Market size and forecast, by  surface type
8.3.6.2.3.Market size and forecast, by system
8.3.6.2.4.Market size and forecast, by industry vertical

8.3.6.3.France

8.3.6.3.1.Market size and forecast, by component
8.3.6.3.2.Market size and forecast, by surface type
8.3.6.3.3.Market size and forecast, by system
8.3.6.3.4.Market size and forecast, by industry vertical

8.3.6.4.Italy

8.3.6.4.1.Market size and forecast, by component
8.3.6.4.2.Market size and forecast, by surface type
8.3.6.4.3.Market size and forecast, by system
8.3.6.4.4.Market size and forecast, by industry vertical

8.3.6.5.Rest of Europe

8.3.6.5.1.Market size and forecast, by component
8.3.6.5.2.Market size and forecast, by surface type
8.3.6.5.3.Market size and forecast, by system
8.3.6.5.4.Market size and forecast, by industry vertical

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by component
8.4.3.Market size and forecast, by type
8.4.4.Market size and forecast, by system
8.4.5.Market size and forecast, by industry vertical
8.4.6.Market analysis, by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast, by component
8.4.6.1.2.Market size and forecast, by surface type
8.4.6.1.3.Market size and forecast, by system
8.4.6.1.4.Market size and forecast, by industry vertical

8.4.6.2.Japan

8.4.6.2.1.Market size and forecast, by component
8.4.6.2.2.Market size and forecast, by surface type
8.4.6.2.3.Market size and forecast, by system
8.4.6.2.4.Market size and forecast, by industry vertical

8.4.6.3.India

8.4.6.3.1.Market size and forecast, by component
8.4.6.3.2.Market size and forecast, by surface type
8.4.6.3.3.Market size and forecast, by system
8.4.6.3.4.Market size and forecast, by industry vertical

8.4.6.4.South Korea

8.4.6.4.1.Market size and forecast, by component
8.4.6.4.2.Market size and forecast, by surface type
8.4.6.4.3.Market size and forecast, by system
8.4.6.4.4.Market size and forecast, by industry vertical

8.4.6.5.Rest of Asia-Pacific

8.4.6.5.1.Market size and forecast, by component
8.4.6.5.2.Market size and forecast, by surface type
8.4.6.5.3.Market size and forecast, by system
8.4.6.5.4.Market size and forecast, by industry vertical

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by component
8.5.3.Market size and forecast, by surface type
8.5.4.Market size and forecast, by system
8.5.5.Market size and forecast, by industry vertical
8.5.6.Market analysis, by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, by component
8.5.6.1.2.Market size and forecast, by surface type
8.5.6.1.3.Market size and forecast, by system
8.5.6.1.4.Market size and forecast, by industry vertical

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, by component
8.5.6.2.2.Market size and forecast, by surface type
8.5.6.2.3.Market size and forecast, by system
8.5.6.2.4.Market size and forecast, by industry vertical

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, by component
8.5.6.3.2.Market size and forecast, by surface type
8.5.6.3.3.Market size and forecast, by system
8.5.6.3.4.Market size and forecast, by industry vertical

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.Introduction

9.1.1.Market player positioning, 2019

9.2.Top winning strategies

9.2.1.Top winning strategies, by year
9.2.2.Top winning strategies, by development
9.2.3.Top winning strategies, by company

9.4.Competitive dashboard
9.5.Competitive heatmap

CHAPTER 10:COMPANY PROFILES

10.1.Allied Vision Technologies GmBh

10.1.1.Company Overview
10.1.2.Key Executives
10.1.3.Company Snapshot
10.1.4.Product Portfolio
10.1.5.Key Strategic Moves and Developments

10.2.Basler Ag

10.2.1.Company overview
10.2.2.Key executives
10.2.3.Company Snapshot
10.2.4.Product Portfolio
10.2.5.R&D Expenditure
10.2.6.Business Performance
10.2.7.Key strategic moves and development

10.3.Cognex Corporatio

10.3.1.Company overview
10.3.2.Key executives
10.3.3.Company Snapshot
10.3.4.Operating Business Segment
10.3.5.Product portfolio
10.3.6.R&D Expenditure
10.3.7.Business performance
10.3.8.Key strategic move and development

10.4.ISRA Vision AG

10.4.1.Company Overview
10.4.2.Company Snapshot
10.4.3.Operating Business Segments
10.4.4.Product portfolio
10.4.5.R&D expenditure
10.4.6.Business performance

10.4.7.Key Strategic moves and Development

10.5.KEYENCE Corporation

10.5.1.Company overview
10.5.2.Company Snapshot
10.5.3.Product Portfolio
10.5.4.Business Performance
10.5.5.Key strategic moves and developments

10.6.Matrox Electronic Systems

10.6.1.Company overview
10.6.2.Key executives
10.6.3.Company snapshot
10.6.4.Product portfolio
10.6.5.Key strategic moves and developments

10.7.Omron Corporation

10.7.1.Company Overview
10.7.2.Company Snapshot
10.7.3.Operating business segment
10.7.4.Product Portfolio
10.7.5.R&D Expenditure
10.7.6.Business Performance

10.8.PANASONIC CORPORATION

10.8.1.Company Overview
10.8.2.Key Executives
10.8.3.Company Snapshot
10.8.4.Operating Business Segments
10.8.5.Product Portfolio
10.8.6.R&D Expenditure
10.8.7.Business performance
10.8.8.Key strategic moves and developments

10.9.Sony Corporation

10.9.1.Company Overview
10.9.2.Key Executives
10.9.3.Company Snapshot
10.9.4.Operating Business Segments
10.9.5.Product Portfolio
10.9.6.R&D Expenditure
10.9.7.Business Performance
10.9.8.Key strategic moves and development

10.10.Teledyne Technologies Incorporated.

10.10.1.Company Overview
10.10.2.Key executives
10.10.3.Company snapshot
10.10.4.Operating Business Segment
10.10.5.Product Portfolio
10.10.6.Business Performance
10.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 01.SURFACE INSPECTION MARKET SHARE, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 02.SURFACE INSPECTION MARKET FOR CAMERA, BY REGION, 2020–2030 ($MILLION)
TABLE 03.SURFACE INSPECTION MARKET SHARE FOR PROCESSOR, BY REGION 2020–2030 ($MILLION)
TABLE 04.SURFACE INSPECTION MARKET SHARE FOR FRAME GRABBERS, BY REGION 2020–2030 ($MILLION)
TABLE 05.SURFACE INSPECTION MARKET SHARE FOR LIGHTING EQUIPMENT, BY REGION 2020–2030 ($MILLION)
TABLE 06.SURFACE INSPECTION MARKET SHARE FOR OTHERS, BY REGION 2020–2030 ($MILLION)
TABLE 07.SURFACE INSPECTION MARKET SHARE FOR 2D, BY REGION, 2020–2030 ($MILLION)
TABLE 08.SURFACE INSPECTION MARKET SHARE FOR 3D, BY REGION 2020-2028 ($MILLION)
TABLE 09.SURFACE INSPECTION MARKET SHARE, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 10.SURFACE INSPECTION MARKET FOR COMPUTER-BASED SYSTEM, BY REGION 2020–2030 ($MILLION)
TABLE 11.SURFACE INSPECTION MARKET FOR CAMERA-BASED SYSTEM, BY REGION 2020–2030 ($MILLION)
TABLE 12.SURFACE MARKET SHARE, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 13.SURFACE INSPECTION MARKET FOR CONSUMER ELECTRONICS, BY REGION 2020–2030 ($MILLION)
TABLE 14.SURFACE INSPECTION MARKET FOR ELECTRICAL & ELECRONICS, BY REGION 2020–2030 ($MILLION)
TABLE 15.SURFACE INSPECTION MARKET FOR AUOTOMOTIVE, BY REGION 2020–2030 ($MILLION)
TABLE 16.SURFACE INSPECTION MARKET FOR HEALTHCARE, BY REGION 2020–2030 ($MILLION)
TABLE 17.SURFACE INSPECTION MARKET FOR MANUFACTURING, BY REGION 2020–2030 ($MILLION)
TABLE 18.SURFACE INSPECTION MARKET FOR OTHER , BY REGION 2020–2030 ($MILLION)
TABLE 19.SURFACE INSPECTION MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 20.NORTH AMERICA SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 21.NORTH AMERICA SURFACE INSPECTION MARKET, BY SURFACE TYPE, 2020–2030 ($MILLION)
TABLE 22.NORTH AMERICA SURFACE INSPECTION MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 23.NORTH AMERICA SURFACE INSPECTION CERTIFICATION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 24.U.S. SURFACE INSPECTION MARKET, BY COMPONENTS, 2020–2030 ($MILLION)
TABLE 25.U.S. SURFACE INSPECTION MARKET, BY SURFACE TYPE, 2020–2030 ($MILLION)
TABLE 26.U.S. SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 27.U.S. SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 28.CANADA SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 29.CANADA SURFACE INSPECTION MARKET, BY SURFACE TYPE, 2020–2030 ($MILLION)
TABLE 30.CANADA SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 31.CANADA SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 32.MEXICO SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 33.MEXICO SURFACE INSPECTION MARKET, BY SURFACE TYPE , 2020–2030 ($MILLION)
TABLE 34.MEXICO SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 35.MEXICO SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 36.EUROPE SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 37.EUROPE SURFACE INSPECTION MARKET, BY SURFACE TYPE, 2020–2030 ($MILLION)
TABLE 38.EUROPE SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 39.EUROPE SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 40.UK SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 41.UK SURFACE INSPECTION MARKET, BY SURFACE TYPE, 2020–2030 ($MILLION)
TABLE 42.UK SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 43.UK SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 44.GERMANY SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 45.GERMANY SURFACE INSPECTION MARKET, BY  SURFACE TYPE, 2020–2030 ($MILLION)
TABLE 46.GERMANY SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 47.GERMANY SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 48.FRANCE SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 49.FRANCE SURFACE INSPECTION MARKET, BY SURFACE TYPE, 2020–2030 ($MILLION)
TABLE 50.FRANCE SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 51.FRANCE SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 52.ITALY SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 53.ITALY SURFACE INSPECTION MARKET, BY SURFACE TYPE, 2020–2030 ($MILLION)
TABLE 54.ITALY SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 55.ITALY SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 56.REST OF EUROPE  SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 57.REST OF EUROPE SURFACE INSPECTION MARKET, BY SURFACE TYPE , 2020–2030 ($MILLION)
TABLE 58.REST OF EUROPE SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 59.REST OF EUROPE SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 60.ASIA-PACIFIC SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 61.ASIA-PACIFIC SURFACE INSPECTION MARKET, BY SURFACE TYPE, 2020–2030 ($MILLION)
TABLE 62.ASIA-PACIFIC SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 63.ASIA-PACIFIC SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 64.CHINA SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 65.CHINA SURFACE INSPECTION MARKET, BY SURFACE TYPE , 2020–2030 ($MILLION)
TABLE 66.CHINA SURFACE INSPECTION MARKET, BY SYSTEM , 2020–2030 ($MILLION)
TABLE 67.CHINA SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 68.JAPAN SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 69.JAPAN SURFACE INSPECTION MARKET, BY SURFACE TYPE , 2020–2030 ($MILLION)
TABLE 70.JAPAN SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 71.JAPAN SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 72.INDIA SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 73.INDIA SURFACE INSPECTION MARKET, BY SURFACE TYPE , 2020–2030 ($MILLION)
TABLE 74.INDIA SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 75.INDIA SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 76.SOUTH KOREA SURFACE INSPECION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 77.SOUTH KOREA SURFACE INSPECION MARKET, BY SURFACE TYPE , 2020–2030 ($MILLION)
TABLE 78.SOUTH KOREA SURFACE INSPECION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 79.SOUTH KOREA SURFACE INSPECION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 80.REST OF ASIA-PACIFIC SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 81.REST OF ASIA-PACIFIC SURFACE INSPECTION MARKET, BY SURFACE TYPE , 2020–2030 ($MILLION)
TABLE 82.REST OF ASIA-PACIFIC SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 83.REST OF ASIA-PACIFIC SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 84.LAMEA SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 85.LAMEA SURFACE INSPECTION MARKET, BY SURFACE TYPE, 2020–2030 ($MILLION)
TABLE 86.LAMEA SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 87.LAMEA SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 88.LATIN AMERICA SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 89.LATIN AMERICA SURFACE INSPECTION MARKET, BY SURFACE TYPE , 2020–2030 ($MILLION)
TABLE 90.LATIN AMERICA SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 91.LATIN AMERICA SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 92.MIDDLE EAST SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 93.MIDDLE EAST SURFACE INSPECTION MARKET, BY SURFACE TYPE , 2020–2030 ($MILLION)
TABLE 94.MIDDLE EAST SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 95.MIDDLE EAST SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 96.AFRICA SURFACE INSPECTION MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 97.AFRICA SURFACE INSPECTION MARKET, BY SURFACE TYPE, 2020–2030 ($MILLION)
TABLE 98.AFRICA SURFACE INSPECTION MARKET, BY SYSTEM, 2020–2030 ($MILLION)
TABLE 99.AFRICA SURFACE INSPECTION MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 100.ALLIED VISION TECHNOLOGIES GMBH:KEY EXECUTIVES
TABLE 101.ALLIED VISION TECHNOLOGIES GMBH: COMPANY SNAPSHOT
TABLE 102.ALLIED VISION TECHNOLOGIES GMBH: PRODUCT PORTFOLIO
TABLE 103.ALLIED VISION TECHNOLOGIES GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 104.BASLER: KEY EXECUTIVES
TABLE 105.BASLER AG: COMPANY SNAPSHOT
TABLE 106.BASLER AG: PRODUCT PORTFOLIO
TABLE 107.BASLER: KEY STRATEGIC MOVES AND DEVELOPMENT
TABLE 108.COGNEX CORPORATION: KEY EXECUTIVES
TABLE 109.COGNEX CORPORATION: COMPANY SNAPSHOT
TABLE 110.COGNEX CORPORATION: OPERATING SEGMENTS
TABLE 111.COGNEX CORPORATION: PRODUCT PORTFOLIO
TABLE 112.COGNEX: KEY STRATEGIC MOVE AND DEVELOPMENT
TABLE 113.ISRA VISION AG: COMPANY SNAPSHOT
TABLE 114.ISRA VISION AG: OPERATING BUSINESS SEGMENTS
TABLE 115.ISRA VISION AG: PRODUCT PORTFOLIO
TABLE 116.ISRA VISION AG: KEY STRATEGIC MOVES AND DEVELOPMENT
TABLE 117.KEYENCE CORPORATION: COMPANY SNAPSHOT
TABLE 118.KEYENCE CORPORATION: PRODUCT PORTFOLIO
TABLE 119.KEYENCE CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 120.MATROX ELECTRONIC SYSTEM: KEY EXECUTIVES
TABLE 121.MATROX ELECTRONIC SYSTEM: COMPANY SNAPSHOT
TABLE 122.MATROX ELECTRONIC SYSTEMS: PRODUCT PORTFOLIO
TABLE 123.MATROX ELECTRONIC SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 124.OMRON CORPORATION: COMPANY SNAPSHOT
TABLE 125.OPERATING SEGMENTS
TABLE 126.OMRON CORPORATION: PRODUCT PORTFOLIO
TABLE 127.PANASONIC CORPORATION:KEY EXECUTIVES
TABLE 128.PANASONIC CORPORATION: COMPANY SNAPSHOT
TABLE 129.PANASONIC CORPORATION: OPERATING SEGMENTS
TABLE 130.PANASONIC CORPORATION: PRODUCT PORTFOLIO
TABLE 131.PANASONIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 132.SONY CORPORATION: KEY EXECUTIVES
TABLE 133.SONY CORPORATION: COMPANY SNAPSHOT
TABLE 134.SONY CORPORATION: OPERATING BUSNIESS SEGMENTS
TABLE 135.SONY CORPOPRATION: PRODUCT PORTFOLIO
TABLE 136.SONY CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENT
TABLE 137.TELEDYNE TECHNOLOGIES: KEY EXECUTIVES
TABLE 138.KEYENCE CORPORATION: COMPANY SNAPSHOT
TABLE 139.TELEDYNE TECHNOLOGIES INCORPORATED: PRODUCT PORTFOLIO
TABLE 140.TELEDYNE TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 141.TELEDYNE TECHNOLOGIES INCORPORATED: KEY STRATEGIC MOVES AND DEVELOPMENT

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENTATION
FIGURE 03.EXECUTIVE SUMMARY, BY REGION
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.HIGH THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE TO HIGH THREAT OF SUBSTITUTES
FIGURE 09.MODERATE TO HIGH INTENSITY OF RIVALRY
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.PATENT ANALYSIS, BY COUNTRY
FIGURE 12.PATENT ANALYSIS, BY APPLICANT
FIGURE 13.SURFACE INSPECTION MARKET SHARE, BY COMPONENT, 2020–2030 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR PROCESSOR, BY COUNTRY,  2020 & 2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR FRAME GRABBERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR LIGHTING EQUIPMENT, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.SURFACE INSPECTION MARKET SHARE, BY SURFACE TYPE, 2020–2030 (%)
FIGURE 20.SURFACE INSPECTION SHARE, BY SURFACE TYPE, 2020–2030 ($MILLION)
FIGURE 21.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR 2D, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR 3D, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.SURFACE INSPECTION MARKET SHARE, BY SYSTEM, 2020–2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR COMPUTER-BASED SYSTEM, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR CAMERA-BASED SYSTEM, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.SURFACE INSPECTION MARKET SHARE, BY INDUSTRY VERTICAL, 2020–2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR CONSUMER ELECTRONICS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR ELECTRICAL & ELECTRONICS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR AUOTOMOTIVE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS SURFACE INSPECTION MARKET FOR HEALTHCARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 31.COMPARATIVE SHARE ANALYSIS SURFACE MARKET FOR MANUFACTURING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 32.COMPARATIVE SHARE ANALYSIS SURFACE MARKET FOR OTHER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 33.SURFACE INSPECTION MARKET, BY REGION, 2020–2030 (%)
FIGURE 34.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA SURFACE INSPECTION MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 35.U.S. SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 36.CANADA SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 37.CANADA SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 38.COMPARATIVE SHARE ANALYSIS OF EUROPE SURFACE INSPECTION MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 39.UK SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 40.GERMANY SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 41.FRANCE SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 42.ITALY SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 43.REST OF EUROPE SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 44.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC SURFACE INSPECTION MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 45.CHINA SURFACE INSPECTION MARKET, 2020–2028 ($MILLION)
FIGURE 46.JAPAN SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 47.INDIA SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 48.SOUTH KOREA SURFACE INSPECION MARKET, 2020–2030 ($MILLION)
FIGURE 49.REST OF ASIA-PACIFIC SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 50.COMPARATIVE SHARE ANALYSIS OF LAMEA SURFACE INSPECTION MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 51.LATIN AMERICA SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 52.MIDDLE EAST SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 53.AFRICA SURFACE INSPECTION MARKET, 2020–2030 ($MILLION)
FIGURE 54.MARKET PLAYER POSITIONING, 2019
FIGURE 55.TOP WTOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 56.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021 (%)
FIGURE 57.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021
FIGURE 58.COMPETITIVE DASHBOARD294
FIGURE 59.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 60.BASLER AG CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 61.BASLER AG: REVENUE,2018-2020($MILLION)
FIGURE 62.BASLER AG: REVENUE SHARE, BYREGION,2020(%)
FIGURE 63.R&D EXPENDITURE, 2017-2019 ($ MILLION)
FIGURE 64.COGNEX CORPORATION: REVENUE, 2017-2019($ MILLION)
FIGURE 65.COGNEX CORPORATION: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 66.ISRA VISION AG: R&D EXPENDITURE, 2018-2020 ($ MILLION)
FIGURE 67.ISRA VISION AG: REVENUE, 2018-2020 ($ MILLION)
FIGURE 68.ISRA VISION AG: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 69.ISRA VISION AG: REVENUE SHARE,BY REGION, 2020(%)
FIGURE 70.KEYENCE CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 71.KEYENCE CORPORATION: REVENUE SHARE, BY REGION, 2019 (%)
FIGURE 72.OMRON CORPORATION: R&D EXPENDITURE, 2017-2019 ($ MILLION)
FIGURE 73.OMRON CORPORATION: BUSINESS PERFORMANCE. 2017-2019 ($ MILLION)
FIGURE 74.PANASONIC CORPORATION: R&D EXPENDITURE,2018-2020 ($ MILLION)
FIGURE 75.PANASONIC CORPORATION: REVENUE, 2018-2020 ($ MILLION)
FIGURE 76.PANASONIC CORPORATION: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 77.PANASONIC CORPORATION: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 78.SONY CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 79.SONY CORPORATION: REVENUE, 2018-2020 ($MILLION)
FIGURE 80.SONY CORPORATION REVENUE: REVENUE SHARE, BY SEGMENT, 2020(%)
FIGURE 81.SONY CORPORATION REVENUE SHARE,BY REGION,2020(%)
FIGURE 82.TELEDYNE TECHNOLOGIES: NET SALES, 2018–2020 ($MILLION)
FIGURE 83.TELEDYNE TECHNOLOGIES: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 84.TELEDYNE TECHNOLOGIES: REVENUE SHARE, BY REGION, 2020 (%)

 
 

The surface inspection market is competitive, owing to strong presence of existing vendors. Surface inspection companies, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals as they have the capacity to cater to the market requirements. Competitive environment in the surface inspection market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by firms.

The surface inspection market holds a substantial scope for growth on a global scale. Recent discoveries and innovations have created vast opportunities for numerous players to step in the surface inspection market.

Increase in focus of manufacturing companies to improve customer retention by offering quality products and surge in demand for interoperability testing for connected devices and IoT drive the market growth. High cost of surface inspection services due to diverse standards and regulations across different regions is the biggest limitation for the market growth.

Surge in competition and reduced awareness among small scale manufactures are the key factors that hamper growth of the market. Increase in awareness for need of surface inspection and rise in concerns for safety and quality are the factors opportunistic for the surface inspection market growth.

 

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A. The Surface Inspection Market is estimated to grow at a CAGR of 8.2% from 2021 to 2030.

A. The Surface Inspection Market is projected to reach $7.25 billion by 2030.

A. To get the latest version of sample report

A. Factors such as rise in adoption of surface inspection in automotive sector and increase in demand for computer-based surface inspection systems drives the growth of the Surface Inspection market

A. The key players profiled in the report include Basler AG, Sony Corporation, Cognex Corporation, Omron Corporation, Allied Vision Technologies GmBh, Panasonic Corporation, ISRA Vision AG, Teledyne Technologies Incorporated, Keyence Corporation, Matrox Electronic Systems, and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Surface Inspection Market is segmented on the basis of component, surface type, system, industry verticals, and region.

A. The key growth strategies of Surface Inspection market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. subsegments of System are computer-based system and camera-based system.

A. Processor segment will grow at a highest CAGR of 11% during 2021 - 2030.

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