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US Digital Inspection Market (2022-2027) by Offering, Technology, Dimension, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 174 Pages
  • April 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585644
The US Digital Inspection Market is estimated to be USD 4.02 Bn in 2022 and is projected to reach USD 6.27 Bn by 2027, growing at a CAGR of 9.31%.

Market dynamics are forces that impact the prices and behaviors of the US Digital Inspection Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Digital Inspection Market is segmented based on Offering, Technology, Dimension, and Vertical.
  • By Offering, the market is classified into Hardware, Software, and Services.
  • By Technology, the market is classified into Machine Vision, Metrology, and NDT.
  • By Dimension, the market is classified into 2D and 3D.
  • By Vertical, the market is classified into Manufacturing, Electronics, Oil & Gas, Aerospace & Defense, Automotive, Power, Food & Pharmaceuticals, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Carl Zeiss AG us, Cognex Corp, FARO Technologies Inc, FPrimeC Solutions Inc, General Electric Company, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Digital Inspection Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Digital Inspection Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Digital Inspection Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Technological Advantages Over Traditional Methods
4.1.2 Increasing Adoption of Industrial Automation
4.1.3 Growing Consumer Awareness Raising the Bar of Safety and Quality Standards
4.2 Restraints
4.2.1 High System and Deployment Costs
4.3 Opportunities
4.3.1 Miniaturization of Products Offered By End-User Industries
4.3.2 Availability of Customized Solutions
4.3.3 Rapid Industrialization in Developing Economies
4.4 Challenges
4.4.1 Lack of Skilled Workforce
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US Digital Inspection Market, By Offering
6.1 Introduction
6.2 Hardware
6.3 Software
6.4 Services
7 US Digital Inspection Market, By Technology
7.1 Introduction
7.2 Machine Vision
7.3 Metrology
7.4 NDT
8 US Digital Inspection Market, By Dimension
8.1 Introduction
8.2 2D
8.3 3D
9 US Digital Inspection Market, By Vertical
9.1 Introduction
9.2 Manufacturing
9.3 Electronics
9.4 Oil & Gas
9.5 Aerospace & Defense
9.6 Automotive
9.7 Power
9.8 Food & Pharmaceuticals
9.9 Others
9.9.1 Rubbers, Plastics, & Polymers
9.9.2 Glass
9.9.3 Printing
9.9.4 Wood, Paper, & Pulp
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 Carl Zeiss AG us
11.2 Cognex Corp
11.3 FARO Technologies Inc
11.4 FPrimeC Solutions Inc
11.5 General Electric Company
11.6 Keyence Corp
11.7 MISTRAS Group Inc
11.8 National Instruments Corp
11.9 Nikon Metrology NV (Nikon Corp)
11.10 Olympus Corp
11.11 Wipro Ltd
12 Appendix
12.1 Questionnaire

Companies Mentioned

  • Carl Zeiss AG us
  • Cognex Corp
  • FARO Technologies Inc
  • FPrimeC Solutions Inc
  • General Electric Company
  • Keyence Corp
  • MISTRAS Group Inc
  • National Instruments Corp
  • Nikon Metrology NV (Nikon Corp)
  • Olympus Corp
  • Wipro Ltd

Table Information