Market Size – USD 3.48 Billion in 2021, Market Growth - CAGR of 5.4%, Market Trends –the increasing demand from electronics industry is widening the scope for Surface Inspection Market.
According to the current analysis of Introspective Market Research, the global Surface Inspection Market was valued at USD 3.48 Billion in 2021 and is expected to reach USD 5.03 Billion by the year 2028, at a CAGR of 5.4%.
The surface inspection involves the application of angled lighting and smart cameras to accurately detect surface flaws or features, in real-time, on objects as they are manufactured. Surface inspection systems are utilized for the consistent inspection and monitoring of surface, and surveillance utilizations. Surface inspection searches for cracks, holes, joints, dents, textures, and scratches that arise during the process of production and cross-border transportation. Automated vision inspection systems are developed to serve an extensive range of components and can be utilized for packaging, machine builders, pharmaceuticals, medical devices, automotive, sorting manufacturing, and other automation and robotic applications. Additionally, surface inspection equipment assists maintain mandatory standards and regulations in processes such as drug synthesis and label tracking, established by the Food and Drug Administration (FDA) and various other national institutions, in the medical and pharmaceutical industries. Declined manufacturing errors, reduced production wastage, and consistent maintenance of product quality are some of the advantages of surface vision & inspection equipment.
The major driver for the surface inspection market is the growing demand for value assurance plus automation. This is the reason that labor pays are rising and firms are falling the cost by automation. The human fault is decreased through automation and speediness. Innovative solutions, for instance, machine vision (MV) supports inspecting the product mechanically, which increases the efficiency of the production technique. The manufacturers prefer MV for the photographic inspections that want replicability of dimensions, elevated magnification, and utmost speed. This technology is generally utilized in the semiconductor industry for manufacturing purposes. Furthermore, 3D image is getting extensive among several industries, for instance, locomotive, solar cells, semiconductors, and printing.
Surface Inspection Market is segmented by Type (2D, 3D), Component (Hardware {Camera, Optics, Lighting Equipment, Frame Grabber, Processors}, Service and Software), System (Computer System, Camera System), Deployment Type (Traditional System, Robotic Cells), Industry Vertical (Chemical & Petrochemical, Oil & Gas, Energy & Power, Automotive, Food & Beverages, Healthcare, Others), and Region.
Major players such as Sony (Japan), SensoVision Systems (India), Dark Field Technologies (US), Cognex (US), ISRA VISION (Germany), OMRON (Japan), Teledyne Technologies (US), KEYENCE (Japan), In-Core Systèmes (France), Matrox Electronic Systems (Canada), Basler (Germany), VITRONIC (Germany), Teledyne FLIR (US), Kitov (Isarel), Baumer (Switzerland), STEMMER IMAGING (Germany), Alpha Techsys (India), Flyability (Switzerland), 4D Technology (US), and others.
For this report, Introspective Market Research have segmented the Surface Inspection Market on the basis of region:
Regional Outlook (Revenue in USD Billion; Volume in Units, 2021-2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Turkey
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Vietnam
- Thailand
- Rest of Asia-Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Iran
- Rest of MEA
- Latin America
- Brazil
- Argentina
- Rest of LATAM
