The Global Market for Surface Vision and Inspection Equipment is Projected to Surpass US$2.2 Billion by 2020

Strict Production Control Standards to Drive Demand for Surface Vision & Inspection Equipment, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Surface Vision and Inspection Equipment market. The global market for Surface Vision and Inspection Equipment is projected to surpass US$2.2 billion by 2020, driven by the strict implementation of production control standards in a bid to ensure the production of safe and high-quality products.

Mounting competitive and pricing pressures are necessitating manufacturers across the world to focus on improving production efficiencies, enhance product quality, and reduce costs. The scenario is benefitting investments in advanced automation technologies that bring innovative capabilities in augmenting manufacturing line efficiency and enhancing product quality, while delivering cost and time-to-market benefits. Against this backdrop, growing in popularity is automated surface vision and inspection, an innovative surface quality control technique for determining the presence and/or absence of characteristics as per the pre-defined specifications for surfaces of a product. The equipment analyzes the surfaces of materials, parts and components to accurately identify bubbles, flaws, spots, scratches, tears, cracks, and other imperfections to improve and enhance the surface quality of the final product. The semiconductor industry constitutes the largest as well as the fastest growing end-use sector. Automotive and electronics & electrical products are the other major end-use sectors, where demand for surface inspection equipment remains visibly high. In addition, the equipment also finds use in surface inspection of pharmaceutical products/packaging, metals, glass, paper, rubber, plastics, wood products, and printing among others.

With their ability to ensure consistent quality in manufacturing and assembly, surface inspection equipment helps in reducing production losses, minimizes the need for reworking, and eliminates the need for trained staff for manual quality inspections. Surface vision and inspection equipment also render several other benefits such as installation & operational convenience, consistency & reliability, and 24x7 and fatigueless functioning. Technological advancements achieved over the years have played instrumental roles in influencing growth patterns in the market. Modern computer and camera systems for surface quality inspection come with several advanced features and functionalities that seamlessly deliver faster and improved performance in a cost-effective manner. Camera systems are making rapid progress in the market supported by easy-to-install, easy-to-use, small footprint, and low-cost features.

As stated by the new market research report on Surface Vision and Inspection Equipment, Asia-Pacific represents the largest market worldwide. Exhibiting a CAGR of over 11.4% over the analysis period, the region also ranks as the fastest growing market led by factors such as high level manufacturing activity across various regional markets particularly China, South Korea, and Taiwan; growing investments in production and assembly line automation; and increased focus on achieving product quality and operational efficiency benefits.

Major players covered in the report include Adept Technology Inc., Ametek Inc., Baumer Inspection, BST eltromat International, Edmund Optics Inc., Elbit Vision Systems Ltd., Electro Scientific Industries Inc., EPIC Systems Inc., ETS SuperVision BV, EVT Eye Vision Technology, Futec Origin Corp., GreCon Inc., IMS Systems Inc., INB Vision AG, IN-CORE Systèmes, Industrial Vision Systems Ltd., Intego, ISRA VISION AG, Jenoptik AG, Kinneir Dufort, Matrox Imaging, Microscan Systems Inc., OLIGO Lichttechnik, Omron, Panasonic, QualiVision AG, Steinbichler Optotechnik, surcon, Toshiba Teli, Vitronic, and Wintriss Engineering  among others.

The research report titled “Surface Vision and Inspection Equipment: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections in US$ Thousand for all major geographic markets such as the US, Canada, Japan, Europe, Asia-Pacific (China, South Korea, Taiwan and Rest of Asia-Pacific), and Rest of World. The report also analyzes the global market for Surface Vision and Inspection Equipment by end-use sectors – Automotive, Electronics & Electricals, Semiconductors, and Others (Pharmaceutical, Plastics, Printing, Medical, Metal, Rubber and Wood among others).

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