The Video Inspection Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Video Inspection Equipment Market?
The market size of video inspection equipment has exhibited robust growth recently. The market value is projected to increase from $1.46 billion in 2024 to $1.55 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Video Inspection Equipment Industry?
The Video Inspection Equipment Global Market Report predicts a market size of $1.86 billion in 2029, with a compound annual growth rate (CAGR) of 4.6%.
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What are the Key Growth Drivers Fueling the Video Inspection Equipment Market?
The key drivers in the video inspection equipment market are:
• Integration of AI and IoT technology into video inspection equipment
• Expansion of end-use industries using video inspection equipment
• Rising demand for non-destructive testing (NDT) solutions
• Focus on remote operations facilitating the use of video inspection equipment
Global Market Segmentation: Identifying Major Video Inspection Equipment Industry Segments
The video inspection equipment market covered in this report is segmented –
1) By Component: Cameras, Transporters, Other Components
2) By Application: Drain And Sewer, Electrical Conduit And Ducts, Pipeline, Other Applications
3) By End User: Oil And Gas, Manufacturing And Construction, Food And Beverages, Chemicals And Pharmaceuticals, Other End Users
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What are the Emerging Trends Shaping the Future of the Video Inspection Equipment Market?
The key trends in the video inspection equipment market are:
• The integration with AI and IoT is significantly shaping the future of the market.
• A transition towards miniaturization and portability is an emerging trend.
• The shift towards cloud-based solutions is an impactful trend.
• The rise of Augmented Reality (AR) integration is a significant market trend.
Who Are the Top Competitors & Leading Players in the Video Inspection Equipment Market?
Major companies in the video inspection equipment market are:
• Olympus Corporation
• Fluke Corporation
• Teledyne Technologies Incorporated
• CUES Inc.
• DEWALT
• TechCorr
• Aries Industries Inc.
• Silverline Tools
• Vivax-Metrotech Corp.
• General Tools & Instruments
• Subsite Electronics
• IBAK Helmut Hunger GmbH & Co. KG
• Envirosight LLC
• Hathorn Corporation
• RIDGID Tools
• Teamforce Tools
• Teslong Technology Limited
• MyTana LLC
• REED Instruments
• REFCO Manufacturing Ltd.
• Tool Master
• ROTEK
• Extech Instruments
Regional Dominance: Which Area Leads the Global Video Inspection Equipment Market?
North America was the largest region in the video inspection equipment market in 2024
