The Business Research Company’s report on the Surface Vision And Inspection Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the surface vision and inspection industry?
Rapid industrialization is expected to propel the growth of the surface vision and inspection market going forward. Industrialization refers to the process by which an economy is transformed from a primarily agricultural one to one based on the manufacturing of goods. Surface vision and inspection help industrialization by autonomously confirming the visual and cosmetic quality of products. For instance, in September 2024, according to the Office for National Statistics, a UK-based statistics authority, the total sales value of products manufactured in the UK reached £456.1 billion in 2023, representing an increase of £17.2 billion (3.9%) compared to £438.9 billion in 2022. Therefore, rapid industrialization is driving the growth of the surface vision and inspection market.
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What is the estimated market size of the surface vision and inspection sector by 2029, based on current forecasts?
The surface vision and inspection market size has grown strongly in recent years. It will grow from $2.96 billion in 2024 to $3.22 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to quality control imperative, manufacturing efficiency, consumer expectations, increasing demand for automation and robotics, expanded applications in diverse industries.
The surface vision and inspection market size is expected to see strong growth in the next few years. It will grow to $4.54 billion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to ai and machine learning, customized solutions, globalization of production, sustainability initiatives, data analytics and predictive maintenance. Major trends in the forecast period include advanced ai-powered inspection, 3D surface inspection, augmented reality (ar) assistance, iot-enabled inspection, robotics integration.
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Who are the top players in the surface vision and inspection market?
Major companies operating in the surface vision and inspection market include Omron Corporation, Ametek Inc., Edmund Optics Inc., Isra Vision AG, Industrial Vision Systems Ltd., Cognex Corporation, Perceptron Inc., Adept Technology Inc., Keyence Corporation, Daitron Inc., Flexfilm Ltd., Comvis AG, Teledyne Technologies Inc., Allied Vision Technologies GmbH, National Instruments Corporation, SICK AG, Banner Engineering Corp., Baumer Electric AG, ETS SuperVision BV, Panasonic Corporation, AMETEK Surface Vision, Matrox Imaging Ltd., Shenzhen Sipotek Technology Co. Ltd., Stemmer Imaging AG, Vitronic GmbH, Sipotek, Teledyne DALSA, Microscan Systems Inc., Basler AG, Sony Corporation
What are the major trends in the surface vision and inspection market?
Major companies operating in the surface vision and inspection market are innovating products with artificial intelligence (AI)-enabled vision inspection system technology, to provide reliable services to customers. An Artificial Intelligence (AI)-enabled vision inspection system is a technology that integrates computer vision AI, advanced algorithms, and machine learning techniques to automate the process of inspecting and evaluating products or components visually. For instance, in July 2023, Advantech Co. Ltd., a Taiwan-based computer manufacturing company, and Overview AI, a US-based company that provides computer vision systems, launched OV20i. OV20i combines the technology of ICAM-520 edge AI, an industrial artificial intelligence (AI) camera with an artificial intelligence (AI) classifier, and a machine learning algorithm. It assists in automation process transformation and enhances inspection quality procedures, resulting in labor and waste reductions, yield improvements, and increased efficiency.
Which geography holds the highest surface vision and inspection market share?
Asia-Pacific was the largest region in the surface vision and inspection market share in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the surface vision and inspection market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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How do different segments contribute to the overall expansion of the surface vision and inspection market?
The surface vision and inspection market covered in this report is segmented –
1) By Type: Computer Systems, Camera Systems
2) By Component: Hardware, Software
3) By Application: Automotive, Semiconductor, Electronics and Electrical, Healthcare or Pharmaceutical, Food and Beverages, Logistics and Postal Sorting, Metal, Rubber and Plastics, Wood and Paper, Printing, Other Applications
Subsegments:
1) By Computer Systems: Vision Processing Units, Industrial PCs, Embedded Vision Systems
2) By Camera Systems: 2D Camera Systems, 3D Camera Systems, High-Speed Camera Systems, Smart Cameras
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How is the surface vision and inspection market defined, and what are its core characteristics?
Surface vision and inspection refer to a non-destructive method of inspecting topographical details and locating suspected defects on an article’s surface. It is used for the real-time detection of surface flaws or features using angled lighting and smart cameras.
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