What Transformation Has the Surface Vision And Inspection Market Undergone?
The surface vision and inspection market has seen considerable growth due to a variety of factors.
• The market size for surface vision and inspection has seen substantial growth recently. The market value is projected to increase from $2.96 billion in 2024 to $3.22 billion in 2025, indicating a compound annual growth rate (CAGR) of 9.0%.
The past growth in this market is due to factors such as the importance of quality control, improved manufacturing efficiency, heightened consumer expectations, a growing demand for automation and robotics, and broader applications across various industries.
How Will The Surface Vision And Inspection Market Size Evolve In The Foreseeable Future?
The surface vision and inspection market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming few years, a robust increase is anticipated in the size of the surface vision and inspection market. Estimated to swell to $4.54 billion by 2029, this sector is projected to exhibit a compound annual growth rate (CAGR) of 8.9%.
Factors such as implementation of AI and machine learning, tailor-made solutions, universal production, sustainability programs, data analytics, and predictive maintenance are expected to contribute to the growth during the forecast period. Furthermore, emerging trends like the use of advanced AI for inspections, 3D surface checks, augmented reality (AR) assistance, IoT-based inspection, and integration of robotics are likely to shape its trajectory.
Which Drivers Are Accelerating Growth In The Surface Vision And Inspection Market?
The surface vision and inspection market is expected to witness significant growth spurred by swift industrialization. Industrialization, the shift of an economy from predominantly agricultural to a manufacturing-based one, is facilitated by surface vision and inspection processes that can independently verify the visual and esthetic quality of products. As an example, the Office for National Statistics, a UK-based statistics body, reported in September 2024 that the total value of products produced in the UK hit £456.1 billion in 2023. This was an upsurge of £17.2 billion (3.9%) from £438.9 billion in 2022. Consequently, exponential industrialization is a key driver behind the expansion of the surface vision and inspection market.
What Are The Core Segments Of The Global Surface Vision And Inspection Market?
The 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
Subsegments:
1) By Computer Systems: Vision Processing Units, Industrial PCs, Embedded Vision Systems
2) By Camera Systems: 2D Camera Systems, 3D Camera Systems, High-Speed Camera Systems, Smart Cameras
Pre-Book The Surface Vision And Inspection Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
Which Emerging Trends Are Reshaping The Surface Vision And Inspection Market Size?
In the surface vision and inspection market, key players are developing innovative products with AI-powered vision inspection systems to deliver dependable services to their customers. AI-enabled vision inspection systems merge computer vision AI, complex algorithms, and machine learning approaches to automate the visual inspection and evaluation of products or components. For example, Advantech Co. Ltd., a computer manufacturing company based in Taiwan, collaborated with Overview AI, a US-based firm offering computer vision systems, to launch OV20i in July 2023. OV20i integrates the ICAM-520 edge AI technology, an industrial AI camera, an AI classifier, and a machine learning algorithm. This amalgamation aids in automating workflow transformation and boosts inspection quality protocols, leading to reductions in waste and labor, enhanced yields, and higher efficiency.
Who Are the Key Players in the Surface Vision And Inspection Market?
Major companies operating in the surface vision and inspection market include:
• 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
What are the Regional Insights into the Surface Vision And Inspection Market?
Asia-Pacific was the largest region in the surface vision and inspection market share in 2024. Europe is 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.
