Global Surface Vision And Inspection market research 2024, Forecast To 2033

12 Feb, 2024

The surface vision and inspection market has witnessed strong growth, increasing from $2.74 billion in 2023 to $3.01 billion in 2024, with a compound annual growth rate (CAGR) of 9.8%. This growth in the historical period is attributed to the imperative of quality control, improvements in manufacturing efficiency, meeting consumer expectations, the growing demand for automation and robotics, and the expanded applications in diverse industries. Looking ahead to 2028, the market is projected to continue its strong performance, reaching $4.27 billion at a CAGR of 9.2%. Anticipated drivers include the integration of AI and machine learning, the provision of customized solutions, the globalization of production, sustainability initiatives, and the use of data analytics and predictive maintenance. Major trends in the forecast period involve advanced AI-powered inspection, the implementation of 3D surface inspection, the assistance of augmented reality (AR), IoT-enabled inspection, and the integration of robotics.

Global Surface Vision And Inspection Market Key Driver

The surface vision and inspection market is set to grow rapidly with rapid industrialization. As the appliances and consumer electronics (ACE) market in India is expected to reach USD 21.18 billion by 2025, the need for autonomous visual and cosmetic quality confirmation becomes crucial. The integration of surface vision and inspection in industrial processes positions the market as an essential contributor to the global manufacturing landscape.

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Global Surface Vision And Inspection Market Segments

The global surface vision and inspection market covered in this report is segmented –
1) By Type: Computer Systems, Camera Systems
2) By Component: Hardware, Software
3) By Application: Automotive, Semiconductor, Electronics and Electrical, Healthcare or Pharmaceutical, Food and Beverages, Logistics and Postal Sorting, Metal, Rubber and Plastics, Wood and Paper, Printing, Other Applications
By Geography: The regions covered in the Surface Vision And Inspection market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Asia-Pacificwas the largest region in the surface vision and inspection market share in 2023. Europeis expected to be the fastest-growing region in the forecast period. The regions covered in the surface vision and inspection market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major Surface Vision And Inspection Industry Players

Omron Corporation, Ametek Inc., Edmund Optics Inc., Isra Vision AG, Industrial Vision Systems Ltd., Cognex Corporation, Perceptron Inc., Adept Technology Inc., Keyence Corporation, Daitron Inc., Flexfilm Ltd., Comvis AG, Teledyne Technologies Inc., Allied Vision Technologies GmbH, National Instruments Corporation, SICK AG, Banner Engineering Corp., Baumer Electric AG, ETS SuperVision BV, Panasonic Corporation, AMETEK Surface Vision, Matrox Imaging Ltd., Shenzhen Sipotek Technology Co. Ltd., Stemmer Imaging AG, Vitronic GmbH, Sipotek, Teledyne DALSA, Microscan Systems Inc., Basler AG, Sony Corporation

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Surface Vision And Inspection Market Overview

Surface vision and inspection refer to a non-destructive method of inspecting topographical details and locating suspected defects on an article's surface. It is used for the real-time detection of surface flaws or features using angled lighting and smart cameras.

Surface Vision And Inspection Global Market Report 2023 provides data on the global surface vision and inspection market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The surface vision and inspection market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.