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The Surface Inspection Market was valued at USD 2.02 Billion in 2015 and is expected to reach USD 3.53 Billion by 2022, growing at a CAGR of 7.9% between 2016 and 2022. The base year considered for this study is 2015; and the forecast period is between 2016 and 2022
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Surface Inspection Market Analysis, Size, Growth, Trends And Forecast 2018-2022 “The Surface Inspection Market was valued at USD 2.02 Billion in 2015 and is expected to reach USD 3.53 Billion by 2022, growing at a CAGR of 7.9% between 2016 and 2022. The base year considered for this study is 2015; and the forecast period is between 2016 and 2022..” The Surface Inspection Market was valued at USD 2.02 Billion in 2015 and is expected to reach USD 3.53 Billion by 2022, growing at a CAGR of 7.9% between 2016 and 2022. The base year considered for this study is 2015; and the forecast period is between 2016 and 2022. This report provides a detailed analysis of the market based on component, surface type, system, vertical, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, industry-specific challenges for the market. It also profiles the key players operating in the surface inspection market for commercial aviation and comprehensively analyzes their market shares. Surface inspection refers to the detection of defects or flaws in various surfaces using equipment such as cameras and computers among others. Rising awareness of consumers about product quality has led to the increase in demand for inspection and quality assurance for end products. The research methodology used to estimate and forecast the surface inspection market begins with obtaining data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall market size of the global surface inspection market from the revenues of the key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=192440286
Cameras expected to hold the largest market share during the forecast period Cameras held the largest share of the surface inspection market in 2015; this market is estimated to hold the biggest size between 2016 and 2022. Cameras play an important role in capturing the images from surface inspection systems. As a result, the increasing demand for high-quality images, image processing, and compactness has led cameras to hold the largest size of the market. 3D technique expected to grow at the highest CAGR between 2016 and 2022 The market for 3D inspection technique is expected to grow at the highest CAGR during the forecast period. The ability of 3D techniques to overcome the limitations of 2D techniques and provide added advantages to the manufacturers to inspect beyond the 2 planes of a product as well as the height of the product among others has resulted in the replacement of the 2D surface inspection techniques with 3D inspection techniques by the manufacturers in the area of manufacturing and quality control. Request Sample Copy of this Market Research @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=192440286 Computer systems expected to lead the market for systems Computer systems held the largest share of the surface inspection market in 2015. These systems are the oldest form of surface inspection and are simple to install and handle. Thus, computer systems held the largest market of the market. APAC expected to be the fastest-growing market for surface inspection APAC is expected to be the fastest-growing market for surface inspection during the forecast period. Increasing automation across all industries, especially in the consumer electronics and automotive industries, is driving the growth of the market in this region. Major players in the surface inspection market are ISRA VISION AG (Germany), AMETEK, Inc. (U.S.), Omron Corporation (Japan), Teledyne Technologies Inc. (U.S.), Microscan Systems, Inc. (U.S.), Toshiba Corporation (Japan), Panasonic Corporation (Japan), Matrox Electronic Systems Ltd. (Canada), IMS Messsysteme GmbH (Germany), and VITRONIC GmbH (Germany) among others.
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