Amid the COVID-19 crisis, the global market for Surface Inspection estimated at US$3.3 Billion in the year 2020, is projected to reach a revised size of US$4.8 Billion by 2027, growing at a CAGR of 5% over the analysis period 2021-2027. The performance of surface inspection systems is determined by the characteristics of their components, such as cameras, image processors, and software. As industrial applications become more complex, technological advancements in cameras, robust software, and more powerful image processors are propelling the market. Surface inspection systems are now capable of handling applications in a variety of industries, including semiconductor, automotive, electrical & electronics, glass & metal, food, medical & pharmaceutical, and plastic.
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Company Profile
Major companies in the surface inspection market are ISRA Vision (Germany), Ametek (US), Omron (Japan), Teledyne Technologies (US), Panasonic (Japan), Keyence (Japan), Datalogic SpA (Italy), Matrox Electronic System (Canada), IMS Messsysteme (Germany) and Vitronic (Germany). Some start-ups in surface inspection market include Kitov.ai (Israel), Radiant Vision Systems (US) and QVision Systems (India).
Market Segmentation
Surface Inspection Market- Segmentation
By Component:
- Camera
- Software
- Processor
- Optics
- Lighting Equipment
- Frame Grabber
- Others (interfaces, cables, and accessories)
By Deployment Type:
- Traditional Surface Inspection Systems
- Robotic Cell
- Surface Inspection Market, by System:
- Computer System
- Camera System
By Surface Type:
- 2D
- 3D
By Vertical:
- Semiconductor
- Automotive
- Electrical & Electronics
- Glass & Metal
- Food & Packaging
- Paper & Wood
- Medical & Pharmaceuticals
- Plastic & Rubber
- Printing
- Non-Woven
- Postal & Logistics
Scope of the Report
The research study analyzes the global Surface Inspection industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Surface Inspection Market Report
1. What was the Surface Inspection Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Surface Inspection Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Surface Inspection Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Surface Inspection market.
- The market share of the global Surface Inspection market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Surface Inspection market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Surface Inspection market.
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(This release has been published on Global Market Post.
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