A12457 | Pages: NA | Sep 2022 | 986 Views | ||
Author(s) : Onkar Sumant | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Surface Vision And Investigation Market
Request Now !Surface vision and inspection systems provides support to the manufacturing companies to increase process accuracy, productivity, and also curtail cost. Hardware and software used in these systems process, analyse, and measure various characteristics in minute detail and help in deriving meaningful evaluations. This inspection process is a very accurate electronic replacement for manual inspection processes. Surface vision & inspection equipment helps to maintain mandatory standards and regulations in processes such as drug synthesis and label tracking, set up by the Food and Drug Administration (FDA) and several other national institutions, in medical and pharmaceutical industries.
Market Scope and Structure Analysis
Description
Increase in demand for quality assurance and automation technology, rise in wages in different countries, and improvements in vision technology and expansion in industrialisation drive the growth of the market. The objective of the report is to describe, define, and forecast the surface inspection component, deployment type, surface type, system, vertical, and region. The growing need to adopt better manufacturing production capacity and most importantly at a reduced cost, increasing demand for qualitative products, increasing adoption of Industry 4.0 and IoT are some of the noteworthy factors that are influencing the growth of the market. However, the shortage of skilled labour is limiting the market growth.
REPORT METRIC | DETAILS |
Market size Available for Years | 2020-2030 |
Base Year Considered | 2020 |
Forecast period | 2021-2030 |
Forecast Unit | Value (USD) |
Segments Covered | Component, Deployment, System, Vertical, End-user industry |
Regions Covered | North America, Europe, Asia-Pacific, LAMEA |
Companies Covered | Omron Corporation, Cognex Corporation, Isra Vision AG, Panasonic Corporation, AMETEK Surface Vision, Edmund Scientific Corporation, Matrox Imaging Ltd., Shenzhen Sipotek Technology Co., Ltd., Keyence Corporation, and Daitron Inc. |
COVID-19 Impact analysis
Top Impacting Factors
An upsurge in demand for robot-based inspection systems, particularly for collaborative robots is the main opportunity as currently, surface inspection systems are being integrated with robots, which enhance speed of the process, reduce cost, and reduce human errors. Another opportunity includes rise in interest in industrial internet of things (IIoT). IIOT provides connectivity between various machines in a manufacturing site. Due to this connectivity, surface inspection systems can analyse defects better and go one step further in finding the cause of the defect. IIoT will enable a future without machine downtime, zero inefficiencies, and more affordable products. . Global manufacturers from the region are shifting their base of operation to emerging countries of Asia-Pacific region to benefit from lower labour wages. The market for surface vision & inspection industry in Asia-Pacific is expected to witness significant growth over the forecast period. This growth can be attributed to several factors such as increasing investments in assembly line automation and rising level of manufacturing activities. The Surface Vision & Inspection Equipment Market is highly competitive and is currently under the domination of a few players with their technological expertise. The global market for surface vision & inspection equipment is expected to be consolidated in nature. Major players with a noticeable share in the market are focusing on enlarging their customer base across foreign countries by giving importance to acquisitions and strategic collaborative initiatives to grow their market share and their profitability at a considerable rate.
Key Segments Covered
Component type
Deployment
Surface
Vertical
Application
Region
Key Benefits of the Report
Questions answered in the Surface Vision and Investigation Market Report
Key Market Segments
Segments | Sub-segments |
---|---|
By Component type |
|
By Deployment |
|
By Application |
|
By Region |
|
Key Market Players
Loading Table Of Content...
Start reading.
This Report and over 13,000+ more Reports, Available with Avenue Library. T&C*.
10%
Discount
10%
Discount
15%
Discount
15%
Discount
Enterprise
License/PDF
20%
Discount
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers