Surface Inspection Market Size is Reached to USD 7.25 Billion with a CAGR of 8.21% by 2030 | FLIR Systems, Ametek

Research Reports

Apr 19, 2023

Surface Inspection Market Insights

The size of the Surface Inspection Market was estimated at 3.84 billion USD in 2022. From USD 4.22 billion in 2023 to USD 7.25 billion in 2030, the Surface Inspection industry is anticipated to expand at a compound annual growth rate (CAGR) of 8.21%. (2023 – 2030).

The word “surface inspection” describes the practise of looking at an object or material’s surface to assess its physical properties, including its size, shape, texture, and existence of any flaws or blemishes. To make sure that items satisfy certain standards and regulations, this can be carried out manually or with the use of automated inspection systems. It is frequently used in a variety of sectors, including manufacturing, quality control, and product inspection.

A key driver of the market’s expansion has been the rising demand for high-quality goods. Customers are expecting products with better standards of quality and dependability, which has caused numerous businesses to place more focus on inspection procedures.

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This has sparked the creation of increasingly sophisticated surface inspection techniques and technologies that are intended to guarantee that items comply with criteria and standards while minimising flaws and faults. In turn, this has encouraged the market’s expansion.

Surface Inspection Market Key Players:

Important participants include-

  • FLIR Systems,
  • Keyence Corporation,
  • Ametek,
  • Sony Corporation,
  • Teledyne Technologies Inc.,
  • Edmund Optics,
  • Baumer Holding,
  • Industrial Vision Systems Ltd.

Surface Inspection Market Regional Perspectives

The analysis offers market information for each region separately, including North America, Europe, Asia-Pacific, and the Rest of the World. The market is dominated by North America. Several of the top businesses that develop and produce surface inspection systems and technologies are based in the area. The expansion of the industry in North America has also been aided by the region’s abundance of well-established industrial sectors, including the automotive, aerospace, and electronics sectors.

Also, the region has a long history of investing in R&D and has a highly trained labour pool, all of which contribute to the industry’s innovation in surface inspection. These elements, together with the substantial need for high-quality goods, have aided in making North America a significant surface inspection market.

The United States, Canada, Germany, France, the United Kingdom, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil are additional significant nations included in the market analysis.

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Insights on Surface Inspection Market Segments

3D and 2D are included in the market segmentation based on Type. In 2022, the 3D market category will control a large portion of the market.

Compared to conventional 2D inspection methods, 3D surface inspection systems have various benefits, such as increased accuracy and the capacity to identify subtler, more complicated flaws. The industry has expanded as a result of the expanding usage of 3D imaging and visualisation technologies across several sectors.

The market is segmented based on the device and comprises components like cameras, software, processors, lenses, and frame grabbers. According to estimates, the Camera sector will hold the biggest market share. As they offer a high degree of precision and detail in the pictures they record, cameras are frequently utilised in surface inspection systems. They are also widely used since they are rather simple to use, affordable, and offer real-time image processing capabilities.

The market is divided into five categories, according to application: electronics, automotive, semiconductor, medical & pharmaceutical, and others. In 2022, the Medical & Pharmaceutical industry dominated the market. The medical and pharmaceutical sectors’ increased emphasis on product quality and safety as well as their need to adhere to onerous regulatory standards are to blame for this. In order to verify that medical and pharmaceutical goods are free from flaws and uphold certain quality standards, surface inspection is a crucial step in the manufacturing process.

The two-fold layer supercapacitor has a larger market share in the global market for supercapacitors energy storage systems than any of these other categories. The two-layer supercapacitor has sparked a lot of interest in practical electronic devices, massive power storage at power plants, and electric cars. Moreover, twofold layer supercapacitors are becoming more widely accepted, which is further fostering the growth of the global supercapacitor market.

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Based on industry, the global market for super capacitors energy storage systems is segmented into energy, automotive, consumer electronics, mechanical, and other. Because of the growing popularity of consumer cell phones, the consumer gadgets sector is expected to generate the largest revenue among all of these by 2024. The supercapacitor also gives the user the ability to access information by delivering a strong battery yield.

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