Surface Inspection Market Size Share and Technology Update , Geography (2021-2026)

The surface inspection market is projected to grow from USD 3.5billion in 2021 to USD 5.3billion by 2026,at a CAGR of 8.6% during the forecast period. Increasing demand for electrical and electronic devices, growing wages of manual workforce in various countries, initiatives by governments and public-private companies, and the growing use of smart cameras, enhanced software, and powerful image processors are some of the major factors driving the market growth for surface inspection market.

The automotive sector increasingly relies on highly effective surface inspection systems to prevent defects at various stages of production. Surface inspection systems capture various material and production-induced defects. Surface vision is used for inspecting defects in complex parts such as cylinder bores, crankcases, and cylinder heads, on flat components such as cylinder head gaskets, and also on printed electronics.

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The automotive industry requires inspection of various large objects such as door panels through multiple cameras. Multiple camera solutions are more cost-efficient with computer-based systems. The automotive industry is seeing good growth in emerging countries due to several factors like increasing wages and decreasing unemployment due to industrialization.

There is fierce competition in the market, with countries other than the US, Japan, and Germany manufacturing cars at lower prices. Quality has become an important parameter in the automotive vertical, making surface inspection more important. With government funding for clean electric vehicles in developed countries, the saturated markets in these regions are revitalizing. Hence, the surface inspection market for automotive vertical is expected to grow at a fastest rate during the forecast period.

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