report-image

Surface Vision and Inspection Market Analysis By Component (Hardware(Camera, Optics, Lighting Equipment, Frame Grabber, Other), Software), By Application (Automotive, Electronics & Electrical (Smart Phones and Tablets, Smart Devices with Glass Displays, Others), Healthcare/Pharmaceutical, Food & Beverages, Logistics & Postal Sorting), By Surface Type (2D, 3D), By System (Computer-based System, Camera-based System) & Forecast 2024-2035

  • PUBLISHED ON
  • 45015
  • NO OF PAGES
  • 269
  • CATEGORY
  • Electronics & Communication
Market Overview:
The global Surface Vision and Inspection market was valued at USD 2,525.1 million in 2022 and expected to grow at a CAGR of 7.5% during the forecast period. Surface vision and inspection is a technology used to identify and detect defects, errors, and anomalies in materials and products during the manufacturing process. This technology uses various sensors, cameras, and software to capture images of surfaces and then analyze them to detect any defects or issues. Surface vision and inspection is used in a wide range of industries, including automotive, electronics, pharmaceuticals, food and beverage, and packaging. This technology can be used for a variety of applications, such as:
Surface inspection: Surface vision and inspection can be used to identify defects and anomalies in the surface of products. This can include scratches, dents, cracks, and other imperfections that could affect the quality of the product. Dimensional measurement: Surface vision and inspection can also be used to measure the dimensions of products and materials. This can include length, width, height, and thickness, as well as other geometric measurements. Alignment: Surface vision and inspection can be used to align products and components in manufacturing processes. This can include checking the position and orientation of components to ensure they are correctly aligned. Verification: Surface vision and inspection can be used to verify the presence or absence of components or features in products. This can include checking for missing or misplaced components, as well as verifying the correct placement and alignment of components. Sorting and grading: Surface vision and inspection can be used to sort and grade products based on their quality and specifications. This can include sorting products into different categories based on their size, shape, color, and other characteristics.
Covid-19 Impact:
The COVID-19 pandemic has had a significant impact on the surface vision and inspection industry, particularly in terms of production and supply chain disruptions, changes in demand, and workplace safety measures.
Production and Supply Chain Disruptions: The pandemic caused many factories to shut down or reduce production, leading to disruptions in the supply chain of surface vision and inspection equipment. This has resulted in delayed deliveries and increased lead times for new orders.
Changes in Demand: The pandemic has also caused a shift in demand for surface vision and inspection technology. As companies shifted to remote work and digital solutions, demand for automated inspection and quality control solutions increased. On the other hand, sectors like automotive and aerospace that rely heavily on surface inspection saw a decrease in demand due to the decrease in production.
Workplace Safety Measures: As the pandemic continues, safety measures such as social distancing, mask-wearing, and regular sanitization have become mandatory in many workplaces, including those involved in surface vision and inspection. This has resulted in changes to the way inspections are carried out, with more emphasis on remote inspection solutions, reducing the need for on-site personnel.
In conclusion, the COVID-19 pandemic has had a significant impact on the surface vision and inspection industry, causing disruptions in production and supply chains, changes in demand, and increased emphasis on safety measures. The industry has adapted by increasing the use of remote inspection solutions and automating the inspection process to meet the new demands and safety requirements.
Market Dynamics:
Drivers:
Technological Advancements: Advancements in surface vision and inspection technology have significantly improved the accuracy and speed of inspection processes. These advancements include the use of machine learning and artificial intelligence algorithms, 3D scanning, and automated defect detection systems.
Increasing Demand for Quality Control and Inspection: The demand for high-quality products has increased in many industries, including automotive, aerospace, and electronics, where surface inspection is critical. Surface vision and inspection technology play a crucial role in ensuring that products meet the necessary quality standards, thus reducing the risk of product failure and the associated costs.
Growing Need for Automation and Efficiency: Automation and efficiency are essential for modern manufacturing processes, where the need to reduce production time and costs is a top priority. Surface vision and inspection technology provide accurate and reliable inspection results, allowing for faster and more efficient production processes.
Cost-Effectiveness: Surface vision and inspection technology can help reduce the cost of quality control and inspection by automating the process and reducing the need for manual inspection. This results in cost savings for manufacturers and increased profits.
Industry Regulations: Several industries, including medical devices, automotive, and aerospace, have strict regulations and standards for product quality and safety. Surface vision and inspection technology can help manufacturers meet these regulations by providing accurate and reliable inspection results.
Restraints:
High Cost: Surface vision and inspection technology can be expensive to acquire, operate, and maintain. This high cost can be a significant barrier for small and medium-sized enterprises that may not have the financial resources to invest in this technology.
Complexity: Surface vision and inspection technology can be complex, requiring specialized expertise to operate and maintain. This can be a challenge for manufacturers who may not have the necessary personnel or expertise to manage this technology.
Need for Skilled Personnel: The effective use of surface vision and inspection technology requires skilled personnel with expertise in areas such as machine learning, image processing, and computer vision. This can be a challenge for companies that may not have the resources to train or hire skilled personnel.
Limited Applicability: Surface vision and inspection technology may not be suitable for all applications. For example, some products or materials may be challenging to inspect using this technology, making it less applicable in certain industries.
Integration with Existing Systems: Surface vision and inspection technology may require integration with existing production systems, which can be a challenging and time-consuming process. This can be a significant barrier for manufacturers who may not have the necessary resources or expertise to carry out this integration.

Regional Analysis:
North America: North America is a significant market for surface vision and inspection, with the United States being a major contributor to the industry's growth. The increasing demand for high-quality products, regulatory requirements, and advancements in technology are driving the growth of the industry in this region.
Europe: Europe is another significant market for surface vision and inspection, with countries such as Germany, France, and the United Kingdom leading the way. The region's well-established manufacturing industry, increasing demand for quality control, and advancements in technology are driving the growth of the industry in this region.
Asia Pacific: The Asia Pacific region is experiencing significant growth in the surface vision and inspection industry, with countries such as China, Japan, and South Korea leading the way. The region's rapidly growing manufacturing industry, increasing demand for quality control, and advancements in technology are driving the growth of the industry in this region.
Rest of the World: The rest of the world also presents growth opportunities for the surface vision and inspection industry, particularly in regions such as the Middle East and Africa and Latin America. The increasing demand for quality control and the adoption of new technologies are driving the growth of the industry in these regions
Competitive Landscape:
The global Surface Vision and Inspection market is highly competitive and fragmented with the presence of several players. These companies are constantly focusing on new product development, partnerships, collaborations, and mergers and acquisitions to maintain their market position and expand their geographical presence. Some of the key players operating in the market are:
• Baumer Inspection
• Adept Technology, Inc
• Cognex Corporation
• Edmund Optics Inc
• ETS SuperVision BV
• Industrial Vision Systems Ltd.
• Microscan Systems Inc.
• Matrox Imaging
• Vitronic GmbH
• Omron Corporation
• Others
Segments
By Component
• Hardware
o Camera
o Optics
o Lighting Equipment
o Frame Grabber
o Other
• Software
By Application
• Automotive
• Electronics & Electrical
o Smart Phones and Tablets
o Smart Devices with Glass Displays
o Others
• Healthcare/Pharmaceutical
• Food & Beverages
• Logistics & Postal Sorting
By Surface Type
• 2D
• 3D
By System
• Computer-based System
• Camera-based System
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $3950

Only Three Thousand Nine Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4950

Only Four Thousand Nine Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5950

Only Five Thousand Nine Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI