Report ID: SQMIG45N2051
Report ID:
SQMIG45N2051 |
Region:
Global |
Published Date: August, 2024
Pages:
197
|
Tables:
59 |
Figures:
75
North America had the largest percentage share of more than 24% in the surface inspection market in 2023. The demand for surface inspection systems in food and beverage production, pharmaceuticals, and cosmetics is driving growth in the market. Strong governmental regulations and quality control norms in many sectors have contributed to adopting these systems with a strong focus on ensuring safety and quality. The increased implementation by companies has further encouraged companies to invest in automated inspection technology for complying with government regulations, productivity improvement, and reduction of human errors in operations. This is thus indicative of the demand for high-precision and efficient manufacturing process implementation in North America.
However, the Asia-Pacific surface inspection market is growing at a significant rate, with an expected CAGR of 10.0% from 2024 to 2031. Rapid industrialization in developing countries, along with the robust presence of major semiconductor, electronics, and automobile manufacturers, has significantly fueled the demand for advanced surface inspection systems. Moreover, the rising demand for increased production efficiency and stringent quality standards are fueling the market. Automated inspection systems are becoming increasingly relevant because manufacturers are looking for higher accuracy and precision in their products. This growing quality control and operational efficiency emphasis is critical to meeting the needs of the region's evolving industrial requirements.
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Report ID: SQMIG45N2051