Surface Vision and Inspection Market - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

The surface vision and inspection systems are equipment which are used to identify the defects in the device. Surface vision systems offers effective integration of machine vision and motion control in order to create flexible, scalable, and robust automation systems. These systems are also used to ensure faultless quality of the final product. The growing demand for quality inspection in automotive, electronics, semiconductors, retail, and other industries is expected to drive growth of the market during the forecast period. Increasing complexity in design and manufacturing has led to significant rise in product defects. In order to reduce such types of defects, enterprises are using vision and inspection systems.

The increasing technological advancements such as high-resolution cameras, robust software, and powerful image processors has increased the demand for inspection technology. Additionally, increasing consumer awareness about the quality, safety, and effectiveness of the product is a key factor propelling demand for surface vision and inspection systems in the market. For instance, in July 2019, Datalogic S.p.A., an Italy-based company that provides products and services to the retail, manufacturing, transportation & logistics, and healthcare industries, launched the new MX-E90 industrial vision processor. This offers excellent performance for all types of machine vision applications in various markets such as automotive, electronics, packaging, and food & beverage.

Market Dynamics

The global surface vision and inspection market is expected to grow significantly during the forecast period. Rising adoption of digital industrial technology (Industry 4.0, Internet of Things (IoT), and Artificial Intelligence (AI)) and increasing adoption of industrial robots are some of the significant factors influencing the growth of the surface vision and inspection market. The increasing popularity of robot-based examination and inspection frameworks, particularly for cooperative robots, is one of the key trends observed in the market. Surface assessment frameworks are being coordinated with robots, which upgrade the interaction speed, decrease cost, and diminish human errors. For instance, in November 2019, OMRON Corporation, a Japan-based technology provider company, developed a unique defect extraction AI technology that recognizes defects by reproducing 'human sensibility' and 'expert experience' in order to automate the inspection at the manufacturing site.

Among industry vertical, automotive segment is expected to exhibit the highest growth during the forecast period. This is attributed to the increasing requirements of surface inspections of complex parts such as crankcases and cylinder bores, and reflective painted parts which are not easier to inspect with the human eye. The increasing complexities in automobiles could lead to greater production errors. In order to achieve high quality and minimum defects, automobile manufacturers are increasingly relying on error detection systems which are expected to drive the segment growth over the forecast period. For instance, ISRA VISION AG develops and markets control software and systems for image processing, optics and robotics. It has introduced fully automated optical surface inspection in the automotive industry.

Key features of the study:

• This report provides in-depth analysis of global surface vision and inspection market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021– 2028), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
• It profiles leading players in the global surface vision and inspection market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as a part of this study include Matrox Imaging Ltd., Omron Adept Technology, Inc., Toshiba Teli Corporation, Ltd., Cognex Corporation, ISRA VISION AG, Panasonic Corporation, Omron Microscan Systems Inc., Perceptron, Inc., Sharp Corporation, Edmund Optics, AMETEK, Inc., Teledyne Technologies, Keyence Corporation, Datalogic S.p.A., Sony Corporation, Basler AG, Vitronic GmbH, SICK AG, IMS Messsysteme GmbH, Industrial Vision Systems Ltd., Allied Vision Technologies, Baumer Group, and Dark Field Technologies.
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
• The global surface vision and inspection market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global surface vision and inspection market

Detailed Segmentation

Global Surface Vision And Inspection Market, By System Type:

• Computer Systems
• Camera Systems

Global Surface Vision and Inspection Market, By Surface Type:

• 2D
• 3D

Global Surface Vision and Inspection Market, By Component:

• Camera
• Lighting
• Optics
• Software
• Frame Grabber
• Other Components

Global Surface Vision and Inspection Market, By Industry Vertical:

• Automotive
• Electrical & Electronics
• Semiconductor
• Medical Devices
• Food & Pharmaceutical
• Rubber and Plastics
• Printing
• Wood and Paper
• Logistics & Postal Sorting
• Other Industry Verticals

Global Surface Vision and Inspection Market, By Region:

• North America
• By Country
• U.S.
• Canada
• Latin America
• By Country
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Europe
• By Country
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• By Country
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• By Country
• GCC
• Israel
• Rest of Middle East
• Africa
• By Country/Region
• South Africa
• Central Africa
• North Africa

Company Profiles

• Matrox Imaging Ltd.*
• Company Overview
• Product Portfolio and Specifications
• Financial Performance
• Strategic Overview
• Recent Developments/Updates
• Omron Adept Technology, Inc.
• Toshiba Teli Corporation, Ltd.
• Cognex Corporation
• ISRA VISION AG
• Panasonic Corporation
• Omron Microscan Systems Inc.
• Perceptron, Inc.
• Sharp Corporation
• Edmund Optics
• AMETEK, Inc.
• Teledyne Technologies
• Keyence Corporation
• Datalogic S.p.A.
• Sony Corporation
• Basler AG
• Vitronic GmbH
• SICK AG
• IMS Messsysteme GmbH
• Industrial Vision Systems Ltd.
• Allied Vision Technologies
• Baumer Group
• Dark Field Technologies

“*” marked represents similar segmentation in other categories in the respective section.