Global Flexible Video Borescopes Market Growth 2023-2029

Global Flexible Video Borescopes Market Growth 2023-2029

A flexible video borescope is an industrial device used for remote visual inspection that utilizes a flexible insertion shaft with- or without articulation to reach the inspection area. They represent the biggest and most diverse family of industrial borescopes. Due to their design, flexible borescopes can be manufactured in smaller working diameters and much longer working lengths than rigid borescopes, or fiberscopes.

LPI (LP Information)' newest research report, the “Flexible Video Borescopes Industry Forecast” looks at past sales and reviews total world Flexible Video Borescopes sales in 2022, providing a comprehensive analysis by region and market sector of projected Flexible Video Borescopes sales for 2023 through 2029. With Flexible Video Borescopes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flexible Video Borescopes industry.

This Insight Report provides a comprehensive analysis of the global Flexible Video 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 Flexible Video Borescopes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flexible Video Borescopes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flexible Video 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 Flexible Video Borescopes.

The global Flexible Video Borescopes market size is projected to grow from US$ 422.1 million in 2022 to US$ 632.7 million in 2029; it is expected to grow at a CAGR of 632.7 from 2023 to 2029.

The global top five manufacturers of flexible video borescopes include Olympus, Baker Hughes, SKF, Mitcorp, and Yateks, accounting for more than 60% of the market share. The largest manufacturer is Olympus, with a market share of above 25%. North America is the most important consumer market for flexible video borescopes in the world, with a market share of over 30%. In terms of type, the market share of 0-6mm diameter is more than 50%. In the field of application, the automotive industry has a market share of more than 30%.

This report presents a comprehensive overview, market shares, and growth opportunities of Flexible Video Borescopes market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
0-6 mm Diameter
Above 6 mm Diameter

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
Baker Hughes
SKF
Mitcorp
Yateks
viZaar
Gradient Lens
Lenox Instrument
AIT
3R
Shenzhen Jeet Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Flexible Video Borescopes market?

What factors are driving Flexible Video Borescopes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Flexible Video Borescopes market opportunities vary by end market size?

How does Flexible Video 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.