USD 5.02 billion
Surface Inspection Market Size, Share, Growth Analysis, By Component(Camera [Frame Rates, Formats {Area scan cameras, Line scan cameras}, Sensing Technology {CCD), By Surface type(2D, 3D), By System(Computer -based System, Camera-based System), By Deployment Type(Traditional Systems, Robotic Cells), By Vertical(Semiconductors [IR Vision-based Inspection, Macro-defect Inspection, Robot Vision-based Inspection, Printed Circuit Board (PCB) Inspection), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45N2051 |
Region:
Global |
Published Date: August, 2024
Pages:
197
|Tables:
59
|Figures:
75
Surface Inspection Market Insights
Global Surface Inspection Market size was valued at USD 5.02 billion in 2022 and is poised to grow from USD 5.44 billion in 2023 to USD 10.29 billion by 2031, growing at a CAGR of 8.3% in the forecast period (2024-2031).
The global surface inspection market is anticipated to experience significant growth due to rapid industrialization worldwide and manufacturers' increasing adoption of automation to meet evolving consumer demands for product quality. Surface vision and inspection systems offer numerous advantages, such as cost-efficiency, error reduction, and enhanced accuracy, enabling manufacturers to maximize profits by ensuring high-quality products. By utilizing cameras, manufacturers can effectively monitor production operations, obtaining reliable scrutiny results and exercising superior quality control over their manufactured goods. Notably, semiconductor and pharmaceutical manufacturers are incorporating high-resolution cameras with improved picture quality into their facilities to facilitate visual inspection, aiding in the reduction of quality errors. These cameras are employed for reading serial numbers, identifying errors, counting objects, and other similar tasks. The pharmaceutical industry is witnessing substantial investments in research and development activities and the production of new drugs and vaccines in response to the growing global demand. To meet this demand, players in the pharmaceutical sector are establishing new production plants and enhancing the efficiency of existing facilities. Additionally, governments are enforcing stringent regulations pertaining to drug quality and supply. Consequently, the need to meet complex quality standards, increase efficiency, and avoid compromising quality is expected to drive the demand for surface vision and inspection solutions, enabling the detection of defective products of varying sizes and shapes. A prime example is the Danish camera manufacturing company, JAI A/S, which provides cameras to the pharmaceutical industry for quality assurance purposes, detecting missing tablets and broken blister sealing. These cameras employ a 3-sensor imaging technique that offers precise spatial resolution and accurate edge detection, effectively addressing smaller problems. Similarly, the automotive sector is experiencing rapid growth due to evolving customer expectations and strict government safety standards. Manufacturers face costly complaints when customers reject products due to minor scratches, paint defects, or flaws on body parts, mirrors, or curved displays. To identify such defects that may evade manual visual inspection, the demand for surface vision and inspection solutions is on the rise, as they enable the production of error-free end products. ISRA VISION GmbH, a Germany-based company, provides surface vision and inspection systems that detect defects in automotive components, interior and exterior paints, car interiors, and flawless surfaces for mirrors. The high precision detection offered by these systems significantly reduces errors and ensures superior vehicle quality.
US Surface Inspection Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Hardware
Fastest Growth
Hardware
Growth Rate
8.3% CAGR
Global Surface Inspection Market ($ Bn)
Country Share for North America Region (%)
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Surface Inspection Market Segmental Analysis
The Global Surface Inspection Market is segmented by component, end-user, vertical and region. Based on component, the market can be segmented into Camera, Frame Grabbers, Optics, Lighting Equipment, Processors, Software, and Others. Based on vertical, the market is segmented into Semiconductors, Automotive, Electrical & Electronic, Glass & Metal, Food & Packaging, Paper & Wood, Pharmaceutical, Plastic & Rubber, Printing, Nonwovens, Postal & Logistics. Based on surface type, the market is segmented into 2D and 3D. Based on system, the market is segmented into computer and camera based system. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Component
The hardware systems segment is projected to dominate the market with a substantial compound annual growth rate (CAGR) of 7.2% during the forecast period. This growth can be attributed to the increasing trend of automation among manufacturers and the growing adoption of advanced software solutions to meet the rising demands and complexities of production activities.
In 2023, the camera segment played a significant role in driving the revenue of the global surface vision and inspection market, holding a substantial share of over 27.42%. This growth can be primarily attributed to the rising demand for constant monitoring in the cosmetic and semiconductor sectors, aiming to achieve improved product quality. Moreover, the preference for digital cameras over analog ones is on the rise due to their superior performance and reliability, contributing to the segment's expansion.
Analysis by End-User
By end-user, the market can be segmented into automotive and electronics. The electronics and electrical segment is projected to hold a significant revenue share of over 20.34% in the global surface inspection market by 2023. This growth can be attributed to several factors, including the rising global demand for consumer electronics and manufacturers' increasing emphasis on adopting advanced monitoring solutions to address mass production activities.
Additionally, the automotive industry is experiencing rapid growth, leading to the emergence of more intricate designs and manufacturing processes. In order to comply with regulatory standards and improve operational efficiency, industry players are increasingly adopting surface vision and inspection systems to ensure seamless production processes and high-quality output.
Analysis by Vertical
Semiconductors: This is just like in the condense of a world that is highly wished for where all the transistors on a specifically located microchip is without any form of imperfection. In the semiconductor industry, surface inspection system serves as a ‘‘micro gatekeeper.’’ IWLS Systems analyze silicon wafers at many process steps at the chip manufacturing industry, detecting and eradicating even the small flaws that can render a chip useless. Thus, through chip inspections, the world is assured of using high-quality and reliable electronics each accomplished with high finesse.
Automotive: It is not all about the look though; a car has to be strong from the inside as well. Primarily, the automotive industry tends to use surface inspection systems at the stages of assembly line. These systems serve as a form of quality assurance scouts, scanning areas with painted coatings, welded parts, and other important parts for signs of strains that would compromise them. This way, manufacturers can maintain high quality and do not let faulty cars get to the buyers.
Printing: Thus what is printed may not have the same quality for all forms of prints. In the printing industry, it is essential to use the surface inspection systems as protection from the low quality of printed items. In these systems, printed documents are thoroughly checked for such defects such as ink stains, variation in shade or, problem with registration. This assists the printing companies to be keen and reduce on the production of substandard products since they will always deliver good quality products to the customers.
Others: The surface inspection market does not limit itself to chips, cars and catalogues… It can be seen that there is no industry that is excluded from the usage of this technology; therefore, this group has been dubbed ‘Others’. Some of the applications include glass manufacturing where we need to check for cracks or defects, food processing where the need to check on the integrity and cleanliness of certain products, and pharmaceutical packaging where there is the need to ensure the packaging material is of the right quality and type. In other words, surface inspection systems are invaluable assets to industries because of their criticality in promoting quality.
Global Surface Inspection Market Size By Component
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Surface Inspection Market Regional Insights
North America dominated the global market and is expected to continue its stronghold over the forecast period. North America has a highly developed industrial sector with advanced manufacturing processes, which necessitates the use of surface vision and inspection systems for quality control. Additionally, the region is home to several prominent players in the surface inspection market, driving technological advancements and innovation.
The Asia Pacific region is experiencing rapid growth in the surface inspection market and is expected to be the fastest-growing region during the forecast period. The region's strong economic growth, rapid industrialization, and increasing investments in manufacturing sectors are key factors driving the market expansion.
Global Surface Inspection Market By Region
- Largest
- Fastest
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Surface Inspection Market Dynamics
Surface Inspection Market Drivers
Increasing emphasis on quality control and product assurance
- One key driver propelling the growth of the global surface inspection market is the increasing emphasis on quality control and product assurance across various industries. Manufacturers are facing growing pressure to deliver high-quality products to meet consumer demands and adhere to stringent regulatory standards. As a result, the adoption of surface vision and inspection systems is rapidly increasing as they offer cost-efficient solutions, error reduction, and improved accuracy, enabling manufacturers to maintain product quality and achieve higher profitability.
Surface Inspection Market Restraints
High initial investment required for implementing surface vision and inspection systems
- One significant restraint hindering the growth of the global surface inspection market is the high initial investment required for implementing surface vision and inspection systems. The cost of acquiring and integrating advanced cameras, sensors, and software can be substantial for manufacturers, particularly for small and medium-sized enterprises. Additionally, the complexity of system integration and the need for skilled personnel to operate and maintain these systems can pose challenges. These factors may limit the adoption of surface inspection solutions, particularly in cost-sensitive industries or regions with budget constraints.
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Surface Inspection Market Competitive Landscape
The global surface inspection market is characterized by intense competition among key players striving to gain a significant market share. Prominent companies in the market are focusing on continuous technological advancements and product innovations to maintain a competitive edge. Additionally, strategic partnerships, mergers, and acquisitions are common strategies employed to expand their product portfolio and global presence. These companies also emphasize establishing strong distribution networks and providing comprehensive customer support services to enhance customer satisfaction and strengthen their market position.
Surface Inspection Market Top Player’s Company Profiles
- Cognex Corporation (US)
- Omron Corporation (Japan)
- Keyence Corporation (Japan)
- Basler AG (Germany)
- Teledyne Technologies Incorporated (US)
- Baumer Holding AG (Switzerland)
- JAI A/S (Denmark)
- National Instruments Corporation (US)
- Panasonic Corporation (Japan)
- SICK AG (Germany)
- Stemmer Imaging Ltd. (UK)
- Vitronic GmbH (Germany)
- Edmund Optics Inc. (US)
- Datalogic S.p.A. (Italy)
- Tordivel AS (Norway)
- Coherix, Inc. (US)
- Machine Vision Products, Inc. (US)
- LMI Technologies (Canada)
- Image Sensing Systems, Inc. (US)
- Automation Technology GmbH (Germany)
- Optex Group (Japan)
- Qualitas Technologies (India)
Surface Inspection Market Recent Developments
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In March 2024, Hitachi High-Tech Corporation introduced the LS9300AD, a cutting-edge system designed for inspecting both the front and backside of non-patterned wafer surfaces to detect particles and defects.
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In October 2023, subsea services company DeepOcean and the Norwegian oil and gas company Aker BP agreed to "pioneer" the use of an unmanned surface vessel (USV) for subsea inspection, maintenance, and repair (IMR) and survey work.
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In September 2023, Hexagon’s Manufacturing Intelligence division announced the release of a new modular 3D laser scanner designed for large surface inspection, for use with both its laser tracker and portable measuring arm devices.
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In May 2023, Keyence Corporation unveiled its next-generation surface inspection system, integrating AI and machine learning technologies for real-time defect detection and analysis.
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In March 2023, German company Isra Vision AG announced the acquisition of GFMesstechnik GmbH, a manufacturer of surface inspection systems for the automotive industry. This acquisition enhanced Isra Vision's capabilities in automotive surface inspection.
Surface Inspection Key Market Trends
- One key market trend in the global surface inspection market is the integration of artificial intelligence (AI) and machine learning (ML) technologies into surface vision and inspection systems. AI and ML algorithms enable advanced pattern recognition, anomaly detection, and predictive analytics, enhancing the accuracy and efficiency of surface inspection processes. These technologies can effectively analyze large volumes of data in real-time, enabling faster decision-making and proactive maintenance. The integration of AI and ML in surface inspection systems enables manufacturers to achieve higher levels of automation, improve product quality, and optimize production processes.
Surface Inspection Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global surface inspection market analysis, the market is witnessing significant growth driven by rapid industrialization, manufacturers' automation adoption, and the increasing emphasis on product quality. Surface vision and inspection systems offer benefits like cost-efficiency, error reduction, and increased accuracy, aiding manufacturers in maintaining high-quality products and maximizing profits. Industries such as pharmaceuticals, automotive, and electronics are major contributors to the market growth. However, the high initial investment and system integration complexities act as restraints. The market is highly competitive, with key players focusing on technological advancements, partnerships, and acquisitions. Additionally, the integration of AI and ML technologies is a notable trend, enhancing the efficiency and effectiveness of surface inspection processes.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 5.02 billion |
| Market size value in 2031 | USD 10.29 billion |
| Growth Rate | 8.3% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Surface Inspection Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Surface Inspection Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Surface Inspection Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Surface Inspection Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Surface Inspection Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Surface Inspection Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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