Global Surface Inspection Market – Industry Trends and Forecast to 2029

Surface Inspection Market Analysis and Size

High-performance and innovative inspection systems are required to fulfill quality standards in the electrical and electronics industries and other inspectional mend-users. Industrial automation and integration will further propel the growth of the surface inspection market over the forecasted period from 2022-2029. Additionally, enhanced efficiency and other advantages are also expected to create growth opportunities for the surface inspection market over the forecasted period.

Global surface inspection market was valued at USD 3.76 billion in 2021 and is expected to reach USD 7.32 billion by 2029, registering a CAGR of 8.68% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Market Definition

Surface inspection systems are the devices or systems used to inspect web products, coated surfaces and complex materials such as display glasses of smartphones and others. They are also integrated with robots to enhance production speed, lower cost, and minimize human errors.

Global Surface Inspection Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Rising demands of surface inspection in automotive sector

The rising demand of surface inspection in the automotive sector if the primary factor driving the growth of the surface inspection market over the forecasted period. Surface inspection systems have gained popularity with the development of programmable hardware processors and built-in image processing techniques which have characteristics such as fast speed, high precision, low cost, non-destructive features, improved productivity and others. The defect detection on the car bodies, image processing and others are the factors driving the market's growth over the forecasted period.

• Increased demands in the electronics sector

The increased demand for surface inspection systems in the electronics sector fuels market growth. High-performance and innovative inspection systems are required to fulfill quality standards in the electrical and electronics industries. The surface inspection systems are used in the electronics sector to detect defects in the circuit boards, optical-line width management, wafer management and others. All these factors and advantages are driving the growth of the surface inspection market over the forecasted period.

Opportunities

• Growing integration of surface inspection systems

The growing integration of surface inspection systems is the major factor creating significant growth opportunities for the surface inspection market over the forecasted period. The internet of things (IoT) enables users to effectively control devices such as cameras, lighting systems, and sensors. It makes it easy to collect and manage large volumes of plant floor data across multiple facilities. An artificial intelligence (AI) system provides manufacturers numerous benefits such as enhanced, accurate and consistent quality control automation. All these factors are expected to create significant growth opportunities for the surface inspection market over the forecasted period.

Restraints/Challenges

• Lack of skilled personnel

The surface inspection systems need technically skilled personnel capable of deciphering machine signals and collaborating with the robots in various units. The lack of trained personnel is thus, expected to obstruct the market growth.

• Increase in the complexities

The surface inspection systems are used in various end-user industries such as electrical and electronics, glass and metal, food and packaging, paper and wood, medical and pharmaceuticals and others. Each sector has its technological advancements that add complexity to the manufacturing process daily. This factor is projected to challenge the surface inspection market over the forecasted period.

This surface inspection market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the surface inspection market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Surface Inspection Market Scope

The surface inspection market is segmented on the basis of component, deployment type, surface type and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

• Camera
• Software
• Processor
• Optics
• Lighting Equipment
• Frame Grabber
• Others

Deployment Type

• Traditional Surface Inspection Systems
• Robotic Cell
• Computer System
• Camera System

Surface Type

• 2D
• 3D

End-user

• Semiconductor
• Automotive
• Electrical and Electronics
• Glass and Metal
• Food and Packaging
• Paper and Wood
• Medical and Pharmaceuticals
• Plastic and Rubber
• Printing
• Non-Woven
• Postal and Logistics
• Others

Surface Inspection Market Regional Analysis/Insights

The surface inspection market is analyzed and market size insights and trends are provided by component, deployment type, surface type and end-user as referenced above.

The countries covered in the surface inspection market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the surface inspection market because of its status as the major manufacturing hub along with the advantages such as low production costs, easy availability of cheap labour and others within the region.

North America is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising demand of surface inspection systems within the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Surface Inspection Market Share Analysis

The surface inspection market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to surface inspection market.

Some of the major players operating in the surface inspection market are

• Sony Corporation (Japan)
• Panasonic Life Solutions India Pvt. Ltd. (Japan)
• KEYENCE CORPORATION. (Japan)
• Teledyne Technologies (U.S.)
• OMRON Corporation (Japan)
• Basler AG (Germany)
• Teledyne FLIR LLC (U.S.)
• ISRA VISION GmbH (Germany)
• Datalogic S.p.A. (Italy)
• Baumer (Switzerland)
• Edmund Optics India Private Limited (U.S.)
• AMETEK.Inc. (U.S.)
• Sick AG (Germany)
• COGNEX CORPORATION (U.S.)
• Matrox Graphics Inc. (Canada)
• VITRONIC Dr.-Ing. Stein  (Germany)
• Kitov Systems (Israel)
• Dark Field Technologies (U.S.)
• IMS Messsysteme GmbH (Germany)
• Allied Vision Technologies GmbH (Germany)

SKU-55464