Surface Vision and Inspection Market Size & Share, by Component (Hardware {Camera, Optics, Lighting Equipment, Frame Grabber}, Software); Application (Automotive, Electronics & Electrical, Healthcare/Pharmaceutical, Food & Beverages, Logistics & Postal Sorting, Semiconductor) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5539
  • Published Date: Jan 16, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Surface Vision and Inspection Market size is expected to cross USD 11 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of surface vision and inspection was over USD 4 Billion. The growth of the market is due to quick industrialization, as it is anticipated that the way manufacturers approach automation to satisfy shifting consumer demands about product quality would boost market expansion on a global scale. In the modern era, 50% of jobs can be automated. At least one function is automated in 31% of firms.

In addition, manufacturing businesses can improve process accuracy, productivity, and cost-effectiveness by implementing surface vision and inspection systems. These systems' hardware and software processes, analyze and measure a variety of features in greater depth to provide insightful evaluations. This inspection method replaces manual inspection procedures with a very accurate computerized method.


Surface Vision and Inspection Market Overview
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Surface Vision and Inspection Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 8%

Base Year Market Size (2023)

 ~ USD 4 Billion

Forecast Year Market Size (2036)

 ~ USD 11 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Surface Vision and Inspection Market: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • Growing Demand for Surface Vision and Inspection in the Automotive Industry- This is because the automotive industry makes extensive use of surface vision and inspection systems for quality control and flaw identification in a variety of parts and components, including tires, body panels, engines, and transmissions. The need for sophisticated inspection solutions is being driven by the automobile industry's growing embrace of automation and robots, which is also propelling the market for surface vision and inspection. The automotive industry's dominance in the surface vision and inspection market is also a result of the growing demand for electric vehicles and the necessity for dependable, high-quality components. Over 10 million EVs are currently on the road. Annual sales of plug-in electric vehicles exceed 6 million.
  • Increasing Emphasis on Quality Control and Product Assurance- An important factor driving the expansion of the worldwide surface inspection market is the growing importance that different sectors are placing on quality assurance and control of their products. Manufacturers are under increasing pressure to meet customer demands and comply with strict regulations while producing high-quality products. Because surface vision and inspection technologies are more affordable, reduce errors, and increase accuracy, producers can maintain product quality and increase revenue. As a result, their use is growing quickly.
  • Manufacturers Are Integrating This Technology into A Range of Applications in Response to Rising Customer Expectations and Quality Requirements- Manufacturers can maximize production process efficiency with the help of advanced solutions like machine vision (MV), which gives equipment the capacity to conduct inspections autonomously. Manufacturers are adopting machine vision solutions in significant numbers because they guarantee the most dependable scrutiny results, high efficiency, superior quality control, and a high degree of customer satisfaction.

Challenges

  • Surface vision and inspection systems require a significant upfront cost to be implemented- The high initial cost of adopting surface vision and inspection systems is one major factor impeding the growth of the global surface inspection market. Advanced cameras, sensors, and software can be expensive for manufacturers to purchase and integrate, especially for small and medium-sized businesses. In addition, there may be difficulties due to the intricacy of system integration and the requirement for qualified staff to run and maintain these systems. These elements might prevent surface inspection technologies from being widely used, especially in areas with tight budgets or in industries where costs are high.
  • Intricate and varied product needs that could impede the industry.
  • Integration of current production lines might obstruct surface vision and inspection market expansion.


Surface Vision and Inspection Segmentation

Component (Hardware {Camera, Optics, Lighting Equipment, Frame Grabber}, Software)

The hardware segment in the surface vision and inspection market is anticipated to hold the largest revenue share of about 60% during the forecast period. The increase in manufacturing automation and the use of sophisticated software to keep up with the complexity and volume of production are the main reasons for the expansion. Hardware is further divided into cameras, optics, lighting equipment, and frame grabber. Out of these, the camera segment is expected to hold the largest market share of about 35% during the forecast period. To ensure precise quality control throughout the manufacturing of items, automatic surface inspections are conducted using cameras with surface vision and inspection capabilities. The camera segment is predicted to continue dominating the market during the projected period due to rising demand for compactness, image processing, and high-quality photographs.

Furthermore, companies in the surface vision and inspection market are providing sophisticated vision systems that can take excellent pictures and identify minute differences in quality, even those brought on by light reflections. For example, Radiant Vision Systems' imaging system captures an aluminum surface that has been scraped using CCD-calibrated cameras. Sophisticated algorithms and cutting-edge imaging technologies were employed to identify and describe the flaws on device surfaces.

Application (Automotive, Electronics & Electrical, Healthcare/Pharmaceutical, Food & Beverages, Logistics & Postal Sorting, Semiconductor)

The semiconductor segment in the surface vision and inspection market is projected to hold the largest revenue share of about 30% during the forecast period. The primary drivers fuelling the growth of this market are the increasing demand for both high-performance and low-performance semiconductors. In addition, the market is seeing a strong demand for inspection systems due to the growing need for semiconductor chips in a variety of electronics products, including laptops, tablets, smartphones, and others.

Our in-depth analysis of the global surface vision and inspection market includes the following segments:

          Component

  • Hardware
    • Camera
    • Optics
    • Lighting Equipment
    • Frame Grabber
  • Software

          Application

  • Automotive
  • Electronics & Electrical
  • Healthcare/Pharmaceutical
  • Food & Beverages
  • Logistics & Postal Sorting
  • Semiconductor

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Surface Vision and Inspection Industry - Regional Synopsis

APAC Market Forecast

The surface vision and inspection market in the Asia Pacific region is attributed to hold the largest revenue share of about 35% during the forecast period. Surface vision and inspection systems are in high demand because of increased industrialization in developing nations, the existence of significant semiconductor, electronics, and automobile industries, and the creation of quality standards regulations. The growth of the industry in the area is also being aided by rising assembly line investments and players' approaches to factory automation to achieve high efficiency and lower human error rates. In 2021, the consumer electronics market in Asia Pacific was estimated to be worth USD 413 billion.

North American Market Statistics

Surface vision and inspection market in North America are anticipated to hold the second-largest share of about 30% during the forecast period. The increase in demand from makers of drugs and cosmetics is the reason for the growth of the surface vision and inspection market in the region. The government is enforcing stringent regulations about product quality, leading to the sophisticated inspection system's implementation. In the food and beverage business, machine vision technology is increasingly indispensable, assisting participants in achieving manufacturing process efficiency, quality, and safety. As a result, it is projected that the need for quality and regulatory compliance would increase demand for surface vision and inspection systems, propelling regional industry growth.

Research Nester
Surface Vision and Inspection Market Size
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Companies Dominating the Surface Vision and Inspection Market

top-features-companies
    • Baumer Inspection
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Adept Technology, Inc.
    • Cognex Corporation
    • Edmund Optics Inc
    • ETS SuperVision BV
    • Industrial Vision Systems Ltd.
    • Vitronic GmbH
    • AMETEK, Inc.
    • Teledyne Technologies
    • Allied Vision Technologies GmbH

In-the-news

In The News

  • April 2022: Teledyne DALSA, which is a subsidiary of Teledyne Technologies, has recently launched a new model of its Linea product line, a multispectral Camera Link HS (CLHS) line scan camera. This new camera is designed to handle challenging inspection applications by detecting defects both on and under the surface of various materials, components, and products.
  • May 2023: AMETEK Surface Vision has developed its surface inspection systems for glass fiber production. Surface Inspection Solutions from AMETEK Surface Vision Ensure Defect-Free Glass Fiber Production. Glass fiber is a synthetic material consisting of numerous, extremely fine fibers of glass.  It is a unique industrial textile material, strong and versatile for a range of applications including infrastructure, building and construction, pipes and tanks, oil, gas, chemical and transportation. 

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5539
  • Published Date: Jan 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing needs in automotive industry and emphasis on quality control and product assurance are the major factors driving the growth of the surface vision and inspection market.

The market size of surface vision and inspection is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

The major players in the market are Adept Technology, Inc., Cognex Corporation, Edmund Optics Inc, ETS SuperVision BV, Industrial Vision Systems Ltd., Vitronic GmbH, AMETEK, Inc., Teledyne Technologies, Allied Vision Technologies GmbH, and others.

The hardware segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Surface Vision and Inspection Market Report Scope
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