Global Borescopes Market Growth 2023-2029

Global Borescopes Market Growth 2023-2029

A borescope (occasionally called a boroscope, though this spelling is nonstandard) is an optical device consisting of a rigid or flexible tube with an eyepiece on one end, an objective lens on the other linked together by a relay optical system in between. The optical system in some instances is surrounded by optical fibers used for illumination of the remote object. An internal image of the illuminated object is formed by the objective lens and magnified by the eyepiece which presents it to the viewer's eye.
LPI (LP Information)' newest research report, the “Borescopes Industry Forecast” looks at past sales and reviews total world Borescopes sales in 2022, providing a comprehensive analysis by region and market sector of projected Borescopes sales for 2023 through 2029. With Borescopes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Borescopes industry.
This Insight Report provides a comprehensive analysis of the global Borescopes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Borescopes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Borescopes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Borescopes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Borescopes.
The global Borescopes market size is projected to grow from US$ 695.5 million in 2022 to US$ 931 million in 2029; it is expected to grow at a CAGR of 931 from 2023 to 2029.
Global Borescopes key players include Olympus, GE, Karl Storz, SKF, MORITEX, etc. Global top five manufacturers hold a share about 70%. Japan is the largest market, with a share about 40%, followed by Europe, total with a share about 30 percent. In terms of product, Flexible Borescopes is the largest segment, with a share about 90%. And in terms of application, the largest application is Automotive, followed by General Industry, Construction, and Aerospace, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Borescopes market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Flexible Borescopes
Rigid Borescopes
Segmentation by application
General Industry
Automotive
Aerospace
Construction
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Olympus
GE
Karl Storz
SKF
MORITEX
Mitcorp
VIZAAR
Yateks
Gradient Lens
Lenox Instrument
AIT
Schindler
Key Questions Addressed in this Report
What is the 10-year outlook for the global Borescopes market?
What factors are driving Borescopes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Borescopes market opportunities vary by end market size?
How does Borescopes break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.