Surface Inspection Market | Size, Share and Market Forecast to 2022

The surface inspection market is expected to grow from USD 2.2 billion in 2016 to USD 3.5 billion by 2022; it is expected to grow at a CAGR of 7.9% during the forecast period. The market growth can be directly linked with the growth of the manufacturing industry. Increasing demand for quality from manufacturers and customers has made vision-based surface inspection become the key technology in the area of manufacturing and quality control.

2D inspection technique to hold larger market share in 2016 compared to 3D

2D inspection technique held the largest share of the overall surface type market in 2016. Since its inception, this inspection technique is used to detect defects in 2D planes; hence, it is the most adopted surface inspection technique and provides inspection solution at lesser cost. Most Vision-based surface inspection consists of narrowly defined tasks such as counting objects on a conveyor, reading serial numbers, and searching for surface defects.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=192440286

Surface inspection market for suface inspection software to grow at highest CAGR during forecast period

The demand for software for the surface inspection system is expected to increase in future and will grow at highest CAGR in the forecast period. The surface inspection systems are increasingly gaining popularity due to lower hardware costs and the availability of faster processors; but it is the complete scalable software that provides all elements required for deploying and developing the images for surface inspection and make the quality assurance possible.

Surface inspection market for semiconductor industry to maintain highest share during 2016–2022

The demand for surface inspection systems in semiconductors is growing at a rapid pace; with the increasing adoption of high-level integration and achievement of high-level component density by PCB manufacturers, the tolerance level of assembly has decreased. Suppliers of IC packages, electronic materials, active & passive components, and finished electronic equipment use surface inspection to drive high-quality production and hence, the semiconductor industry is expected to hold largest share of the market in the future as well.

Major companies in the surface inspection market include ISRA VISION AG (Germany), AMETEK, Inc. (US), Omron Corporation (Japan), Teledyne Technologies Inc. (US), Microscan Systems, Inc. (US), Toshiba Corporation (Japan), Panasonic Corporation (Japan), Matrox Electronic Systems ltd. (Canada), IMS Messsysteme GmbH (Germany), and VITRONIC (Germany).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441