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Surface Vision and Inspection Market Size, Share & Trends Analysis Report by Components (Hardware,Software), by Application (Food & Beverages, Automotive), by Region, and Segment Forecasts, 2022-2030

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    Report

  • 80 Pages
  • April 2022
  • Region: Global
  • Grand View Research
  • ID: 5595829
The global surface vision and inspection market size is anticipated to reach USD 4.59 billion by 2030, growing at a CAGR of 7.8% from 2022 to 2030. The manufacturing sector across the globe is witnessing rapid growth, amid improved demand conditions and easing COVID-19 restrictions. This increasing production activity is responsible for the rising demand for vision and inspection systems in order to decrease errors and defects. Also, businesses’ approach towards mass production to lower the operational cost is resulting in high adoption of surface vision & inspection systems that help in improve yield and increase profit are factors expected to support the market growth.



The surface vision and inspection system cater to the manufacturer's need for reduced error and waste reduction by providing instant feedback. Also, players are attracted to surface vision & inspection systems as they exhibit high accuracy with greater ROI. Thus, manufacturers' inclination toward automating the production facility, call for efficient inspection solution that aid in waste reduction and minimize production cost. This factor is expected to support market growth.

The governments of developed and developing countries are imposing strict regulations pertaining to food & drug safety. This increased regulation results in the deployment of machine vision systems from pharma manufacturers to verify code, and determine package integrity and product traceability. Also, these systems help manufacturers meet rising volume demand for product inspections with high precision. Thus, the flourishing pharmaceutical sector worldwide and the potential benefits of the vision & inspection system are expected to increase the demand from pharma players, which is responsible for the surface vision and inspection market growth.

The COVID-19 pandemic negatively impacted economic growth worldwide. With the implementation of strict lockdown at production facilities, manufacturers faced huge losses. This lockdown decreased the business confidence and disrupted the supply chain. However, in the post-second quarter of 2021, the production operation at facilities resumed at full potential and players are finding safe ways to continue manufacturing operations without any loss. This scenario is expected to support the market growth.

Surface Vision and Inspection Market Report Highlights

  • Among components, the camera segment is expected to grow at a CAGR of 8.0% over the forecast period. Rapid advancements in camera technology can make the product lightweight, small with a sharper and more accurate image. Moreover, small and mid-size enterprises are opting for a smart solution that can be integrated with present infrastructure and help them lower wastage and minimize errors.
  • Rising automotive sales globally, stringent government regulations, and rising complexity in production call for an efficient monitoring solution that lower production errors and help achieve better quality product are expected to support the industry growth.
  • Asia Pacific is expected to grow at a CAGR of 8.0% over the forecast period. This can be attributed to the presence of major automotive and semiconductor manufacturers operating in the region and the inclination towards lowering the labor dependency in production, quality check, and supply of products is expected to support the surface vision and inspection market growth in the region.


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Frequently Asked Questions about the Global Surface Vision and Inspection Market

What is the estimated value of the Global Surface Vision and Inspection Market?

The Global Surface Vision and Inspection Market was estimated to be valued at $2.5 Billion in 2022.

What is the growth rate of the Global Surface Vision and Inspection Market?

The growth rate of the Global Surface Vision and Inspection Market is 7.8%, with an estimated value of $4.6 Billion by 2030.

What is the forecasted size of the Global Surface Vision and Inspection Market?

The Global Surface Vision and Inspection Market is estimated to be worth $4.6 Billion by 2030.

Who are the key companies in the Global Surface Vision and Inspection Market?

Key companies in the Global Surface Vision and Inspection Market include Adept Technology, Inc., Cognex Corporation, Baumer Inspection, Edmund Optics Inc, Isra Vision AG, Ets Supervision Bv., Matrox Imaging, Industrial Vision Systems Ltd. and Panasonic Corporation.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Methodology Segmentation & Scope
1.2. Information Procurement
1.2.1. Purchased database
1.2.2. internal database
1.2.3. Secondary sources & third-party perspectives
1.2.4. Primary research
1.3. Information Analysis
1.3.1. Data analysis models
1.4. Market Formulation & Data Visualization
1.5. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Surface Vision and Inspection Market-Industry Snapshot, 2018-2030
Chapter 3. Surface Vision and Inspection Market Variables, Trends & Scope
3.1. Market Size and Growth Prospects, 2018-2030
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint/Challenge Analysis
3.3.3. Market Opportunity Analysis
3.4. Penetration & Growth Prospect Mapping (Key Opportunities Prioritized)
3.5. Business Environment Analysis Tools
3.5.1. Industry Analysis-Porter's Five Forces Analysis
3.5.2. PEST Analysis
3.5.3. COVID-19 Impact Analysis
Chapter 4. Surface Vision and Inspection Market Components Outlook
4.1. Surface Vision and Inspection Market Share by Product, 2021 & 2030 (USD Billion)
4.2. Hardware
4.2.1. Market estimates and forecasts, 2018-2030 (USD Billion)
4.2.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
4.2.3. Camera
4.2.3.1. Market estimates and forecasts, 2018-2030 (USD Billion)
4.2.3.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
4.2.4. Optics
4.2.4.1. Market estimates and forecast, 2018-2030 (USD Billion)
4.2.4.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
4.2.5. Lighting Equipment
4.2.5.1. Market estimates and forecast, 2018-2030 (USD Billion)
4.2.5.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
4.2.6. Frame Grabber
4.2.6.1. Market estimates and forecast, 2018-2030 (USD Billion)
4.2.6.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
4.3. Software
4.3.1. Market estimates and forecast, 2018-2030 (USD Billion)
4.3.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
Chapter 5. Surface Vision and Inspection Market End use Outlook
5.1. Surface Vision and Inspection Market Share by End use, 2021 & 2030 (USD Billion)
5.2. Automotive
5.2.1. Market estimates and forecasts, 2018-2030 (USD Billion)
5.2.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
5.3. Electronics & Electrical
5.3.1. Market estimates and forecast, 2018-2030 (USD Billion)
5.3.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
5.3.3. Smart Phones and Tablets
5.3.3.1. Market estimates and forecast, 2018-2030 (USD Billion)
5.3.3.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
5.3.4. Smart Devices with Glass Displays
5.3.4.1. Market estimates and forecast, 2018-2030 (USD Billion)
5.3.4.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
5.3.5. Others
5.3.5.1. Market estimates and forecast, 2018-2030 (USD Billion)
5.3.5.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
5.4. Medical
5.4.1. Market estimates and forecast, 2018-2030 (USD Billion)
5.4.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
5.5. Food & Beverages
5.5.1. Market Size Estimates and Forecasts, 2018-2030 (USD Billion)
5.5.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
5.6. Logistics & Postal Sorting
5.6.1. Market estimates and forecast, 2018-2030 (USD Billion)
5.6.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
5.7. Others
5.7.1. Market estimates and forecast, 2018-2030 (USD Billion)
5.7.2. Market estimates and forecast by region, 2018-2030 (USD Billion)
Chapter 6. Surface Vision and Inspection Market: Regional Outlook
6.1. Surface Vision and Inspection Market Share by Region, 2021 & 2030 (USD Billion)
6.2. North America
6.2.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.2.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.2.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.2.4. U.S.
6.2.4.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.2.4.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.2.4.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.2.5. Canada
6.2.5.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.2.5.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.2.5.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.3. Europe
6.3.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.3.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.3.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.3.4. U.K.
6.3.4.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.3.4.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.3.4.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.3.5. Germany
6.3.5.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.3.5.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.3.5.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.3.6. Rest of Europe
6.3.6.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.3.6.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.3.6.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.4. Asia Pacific
6.4.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.4.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.4.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.4.4. China
6.4.4.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.4.4.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.4.4.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.4.5. India
6.4.5.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.4.5.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.4.5.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.4.6. Japan
6.4.6.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.4.6.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.4.6.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.4.7. South Korea
6.4.7.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.4.7.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.4.7.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.4.8. Rest of Asia Pacific
6.4.8.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.4.8.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.4.8.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.5. Latin America
6.5.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.5.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.5.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.5.4. Brazil
6.5.4.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.5.4.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.5.4.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.5.5. Rest of Latin America
6.5.5.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.5.5.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.5.5.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
6.6. Middle East & Africa
6.6.1. Market estimates and forecast, 2018-2030 (USD Billion)
6.6.2. Market estimates and forecast by components, 2018-2030 (USD Billion)
6.6.3. Market estimates and forecast by applications, 2018-2030 (USD Billion)
Chapter 7. Competitive Landscape
7.1. Adept Technology, Inc.
7.1.1. Company overview
7.1.2. Financial performance
7.1.3. Product benchmarking
7.1.4. Recent developments
7.2. Cognex Corporation
7.2.1. Company overview
7.2.2. Financial performance
7.2.3. Product benchmarking
7.2.4. Recent developments
7.3. Baumer Inspection
7.3.1. Company overview
7.3.2. Financial performance
7.3.3. Product benchmarking
7.3.4. Recent developments
7.4. Edmund Optics Inc
7.4.1. Company overview
7.4.2. Financial performance
7.4.3. Product benchmarking
7.4.4. Recent developments
7.5. ISRA Vision AG
7.5.1. Company overview
7.5.2. Financial performance
7.5.3. Product benchmarking
7.5.4. Recent developments
7.6. ETS SuperVision BV.
7.6.1. Company overview
7.6.2. Financial performance
7.6.3. Product benchmarking
7.6.4. Recent developments
7.7. Matrox Imaging
7.7.1. Company overview
7.7.2. Financial performance
7.7.3. Product benchmarking
7.7.4. Recent developmentsDaiichi J
7.8. Industrial Vision Systems Ltd.
7.8.1. Company overview
7.8.2. Financial performance
7.8.3. Product benchmarking
7.8.4. Recent developments
7.9. Microscan Systems, Inc
7.9.1. Company overview
7.9.2. Financial performance
7.9.3. Product benchmarking
7.9.4. Recent developments
7.10. Panasonic Corporation
7.10.1. Company overview
7.10.2. Financial performance
7.10.3. Product benchmarking
7.10.4. Recent developments
7.11. Omron Corporation
7.11.1. Company overview
7.11.2. Financial performance
7.11.3. Product benchmarking
7.11.4. Recent developments
7.12. Teledyne DALSA Inc
7.12.1. Company overview
7.12.2. Financial performance
7.12.3. Product benchmarking
7.12.4. Recent developments
7.13. Perceptron Inc
7.13.1. Company overview
7.13.2. Financial performance
7.13.3. Product benchmarking
7.13.4. Recent developments
7.14. Vitronic GmbH
7.14.1. Company overview
7.14.2. Financial performance
7.14.3. Product benchmarking
7.14.4. Recent developments

Companies Mentioned

  • Adept Technology, Inc.
  • Cognex Corporation
  • Baumer Inspection
  • Edmund Optics Inc
  • Isra Vision AG
  • Ets Supervision Bv.
  • Matrox Imaging
  • Industrial Vision Systems Ltd.
  • Microscan Systems, Inc
  • Panasonic Corporation
  • Omron Corporation
  • Teledyne Dalsa Inc
  • Perceptron Inc
  • Vitronic Gmbh

Methodology

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