Regional Insights into the Surface Inspection Market: Growth Hotspots in North America, Europe, and Asia-Pacific

The global surface inspection market size reached USD 3.22 Billion in 2020 and is expected to register a revenue CAGR of 8.3%, during the forecast period, according to latest analysis by Emergen Research. Increasing usage of smart cameras and powerful image processors, as well as increasingintegration of surface inspection systems with Artificial Intelligence (AI), the Industrial Internet of Things (IIoT), and cloud services, are expected to continue to drive global surface inspection market revenue growth between 2021 and 2028. Rising application of surface inspection systems in the automotive industry is also expected to propel revenue growth of the market during the forecast period. For preventing errors at all phases of manufacturing, the automotive industry is reliant on high-quality surface inspection systems. Various material and production-induced faults are captured by surface inspection systems. Surface scanning can be used to check defects in complicated parts such as crankcases, cylinder bores, and cylinder heads, and also surface parts like printed electronics and cylinder head gaskets.

The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Surface Inspection market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Surface Inspection market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Basler AG, ISRA Vision AG, Keyence Corporation, Omron Corporation, Cognex Corporation, Teledyne Technologies Inc., Matrox Electronic Systems Ltd., Datalogic S.p.A., AMETEK, Inc., and Sick AG

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Emergen Research has segmented the global Surface Inspection market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

• Surface Type Outlook (Revenue, USD Billion; 2018–2028)

  • 2D
  • 3D

• Component Outlook (Revenue, USD Billion; 2018–2028)

  • Software
  • Hardware
    1. Cameras
    2. Lighting Equipment
    3. Processors
    4. Optics
    5. Frame Grabbers
    6. Others

• System Outlook (Revenue, USD Billion; 2018–2028)

  • Camera-based
  • PC- based

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Surface Inspection Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Surface Inspection Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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