INDUSTRY IS CHANGING because of the change in Global Surface Vision and Inspection Market that are happening due to some key players and brands who are dominating the market in the forecast period of 2019 to 2026.This report is a window to the Global Surface Vision and Inspection Market which explains what market definition, classifications, applications, engagements and market trends are. The report also contains the drivers and restrains for the Global Surface Vision and Inspection Market that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.
Global surface vision and inspection market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the need from the manufacturers for the reduction of operational costs.
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Surface vision and inspection is the service of detecting any flaws/defects in the surfaces of objects and instruments while they are under the manufacturing process. This process utilizes certain specialised cameras, lighting systems, and other inspection equipments for accurate detection of any flaws. With the advancements in technologies, machine vision surface inspection method has been in wide-spread use in the market which has increased its application areas such as in automotive, electronics, medical, food and various other applications.
Global surface vision and inspection market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of surface vision and inspection market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Global Surface Vision and Inspection Market By Type (Computer Systems, Camera Systems), Component (Hardware, Software), Application (Automotive, Semiconductor, Electronics & Electrical, Healthcare/Pharmaceutical, Medical, Food & Beverages, Logistics & Postal Sorting, Metal, Rubber & Plastics, Wood & Paper, Printing, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Major Market Competitors/Players
Few of the major competitors currently working in the global surface vision and inspection market are OMRON Corporation, AMETEK Surface Vision, Edmund Optics Inc., ISRA VISION AG, INDUSTRIAL VISION SYSTEMS, KEYENCE CORPORATION, Matrox, Panasonic Corporation, Teledyne Digital Imaging Inc., VITRONIC, JAI A/S, Basler AG, National Instruments, Allied Vision Technologies GmbH, Datalogic S.p.A., MORITEX Corporation, Toshiba Teli Corporation, Dark Field Technologies, Radiant Vision Systems, LLC, Shelton Machines Ltd, COMVIS – Company in Vision and QVISION among others.
- Rapid growth in demand for better quality of products and improvements in efficiency of supply chain is expected to drive the growth of the market
- Availability of advanced inspection and vision technologies such as “machine vision” resulting in greater reliability of inspection
- Better performance of manufacturing operations with enhanced control over quality improving the levels of satisfaction for consumers, this factor is expected to foster growth of the market
- Presence of strict regulations regarding the quality inspection and defect detection is also expected to drive the growth of the market
- Absence/dearth of technically skilled individuals creating the problem of proper integration of these systems in the various industries, this factor is expected to restrict the growth of the market
- Lack of expertise in organizations and their employees which is resulting in lack of reliability of these systems, this factor is also expected to restrict the growth of the market
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Segmentation: Global Surface Vision and Inspection Market
- Computer Systems
- Camera Systems
- Frame Grabbers
- Electronics & Electrical
- Food & Beverages
- Logistics & Postal Sorting
- Rubber & Plastics
- Wood & Paper
- North America
- South America
- Middle East and Africa
Key Developments in the Market:
- In July 2018, OMRON Corporation announced the launch of their “FH-series Vision System” for their global consumers in automated external inspection. The product range is designed for use in combination with industry’s first “Multi-Direction Multi-Color (MDMC) Light”. The combined product can help in the detection of defects with different characteristics and very low color variations simultaneously
- In October 2017, OMRON Corporation announced that they had completed the acquisition of Microscan Systems, Inc. and with this conclusion, the name of the company has been changed to “OMRON Microscan Systems, Inc.”. This acquisition will result in extension of the product lineups combining extensive range of offerings of both companies.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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