Global Surface Vision and Inspection Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Surface Vision and Inspection Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Surface vision and inspection equipment are used for the consistent inspection and monitoring of surface, and surveillance applications. Surface vision and inspection searches for cracks, textures, holes, joints, dents, and scratches that occur during the process of manufacturing and cross-border transportation.

At the same time, automated surface vision and inspection allow for the detection of defects by image analysis, which is then compared with the predetermined patterns to decide whether the inspecting element is defective or not defective. Surface vision and inspection systems help increase production efficiency, waste reduction, and minimize production costs, which surge the demand in the surface vision and inspection equipment market.

Market Overview:

The latest research study on the global Surface Vision and Inspection Equipment market finds that the global Surface Vision and Inspection Equipment market reached a value of USD 4347.2 million in 2022. It’s expected that the market will achieve USD 6772.93 million by 2028, exhibiting a CAGR of 7.67% during the forecast period.

Region Overview:

Europe was the largest revenue market with a market share of 34.23% in 2016 and 33.26% in 2021, a decrease of 0.97%. In 2021, the Asia market share was 32.13%, ranking second.

Company Overview:

The top three companies are Keyence, Cognex, Omron (Adept) with the revenue market share of 32.62%, 15.12%, 9.75% in 2020.

Segmentation Overview:

Among different product types, Automative segment is anticipated to contribute the largest market share in 2027.

Key Companies in the global Surface Vision and Inspection Equipment market covered in Chapter 3:

Futec inc
Stemmer Imaging
Baumer Inspection
Matrox Imaging
lsra Vision
VMT
Keyence
Virtronic
Panasonic
Omron (Adept)
Mettler Toledo
AMETEK Surface Vision
Cognex
Basler AG
BST eltromat International
Preceptron inc

In Chapter 4 and Chapter 14.2, on the basis of types, the Surface Vision and Inspection Equipment market from 2018 to 2029 is primarily split into:

Automative
Semi-automative

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Surface Vision and Inspection Equipment market from 2018 to 2029 covers:

Automotive
Electrical and Electronics
Medical and Pharmaceuticals
Food and Beverages
Postal and Logistics
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)