Surface inspection market Forecast, Opportunities and Challenges to 2026

 The Global Surface Inspection Market is Projected to grow from USD 3.5 Billion in 2021 to USD 5.3 Billion by 2026, at a CAGR of 8.6% from 2021 to 2026

Cameras to hold the largest share of the surface inspection market during the forecast period
Cameras are expected to dominate the surface inspection market during the forecast period. Many applications such as inspection of packaging for proper lids and labels and inspection of large objects such as doors of automobiles need multiple cameras to cover large areas, thereby, creating a surge in demand for cameras. Moreover, cameras are also being regularly upgraded in terms of resolution and frame rate. While other components are finding replacements and seeing a reduction in demand, cameras and software remain un-replaced. The growing demand for camera-based systems equipped with onboard processors is also a key factor driving the market growth for cameras.

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

3D surface inspection systems are expected to grow at higher CAGR during forecast period

The 3D surface inspection market is likely to grow at a higher rate than the 2D surface inspection market during the forecast period, both in terms of value as well as volume. With the increase in demand for product quality and complexity of surfaces, 3D surface inspection techniques are replacing 2D surface inspection techniques in manufacturing and quality control. This is because 3D techniques overcome the limitations of 2D techniques and allow manufacturers to inspect beyond the two planes of a product; they also provide data on the height of the product, thereby adding data points to make more accurate conclusions. Because of advancements in accuracy and speed in both 3D scanners and point cloud data processing, 3D scanning has become an increasingly effective and popular method of capturing surface geometry. The resulting measurement data can be extremely dense, allowing for creative and useful processing. Furthermore, the 3D sensor feedback is used to precisely align the part face to the high-resolution line-scan imaging system, and the part is imaged. Hence, the market for 3D cameras is expected to grow at a higher rate during the forecast period.

Americas to account for the second largest share of the surface inspection market during the forecast period 

The surface inspection market in Americas is mainly driven by developments in surface inspection systems by American companies such as Cognex (US), Teledyne DALSA (Canada) (subsidiary of Teledyne Technologies, US), and Dark Field Technologies (US) among others. These companies replenish the growing demand for specialized surface inspection systems such as mobile surface inspection systems, AI-based deep learning smart camera-based systems, cost-efficient & low power consumption imaging sensors, and big data analytics integrated software solutions for operations in various industries. Furthermore, a strong focus on advanced factory automation tools and the growing awareness about the benefits of inspection tools is expected to drive the market growth in Americas. 

The key players in the surface inspection market include KEYENCE (Japan), Cognex (US), ISRA VISION (Germany), OMRON (Japan), Teledyne Technologies (US), Matrox Electronic Systems (Canada), Basler (Germany), VITRONIC (Germany), Teledyne FLIR (US), Datalogic (Italy), Kitov (Isarel), Dark Field Technologies (US), IMS Messsysteme (Germany), Panasonic (Japan), AMETEK (US), National Instruments (US), Sick (Germany), Baumer (Switzerland), MORITEX (Japan), Sony (Japan), Allied Vision Technologies (Germany), Industrial Vision Systems (UK), PIXARGUS (Germany), In-Core Systèmes (France), and Sipotek (China).

Study Coverage:
The report describes the detailed information regarding the major factors such as drivers, restraints, challenges, and opportunities influencing the growth of the surface inspection market. It also includes technology trends, trade data, and patent analysis. This research report categorizes the surface inspection market based on component, surface type, system, deployment type, vertical, and geography. A detailed analysis of the key industry players was carried out to provide insights into their business overviews; solutions and services offered; key strategies adopted that include new Product launches, deals (acquisitions, partnerships, collaborations, mergers), and others (expansions) related to the surface inspection market.

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. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441