Europe Surface Inspection Market By Surface Type (2D and3D), By Deployment Type (Computer based and Camera based), By Component (Cameras, Lighting Equipment, Processors, Software, Frame Grabbers & Optics, and Others), By End User (Semiconductor & Electronics, Food & Beverages, Healthcare, Automotive, Paper & Wood, Glass & Metal, Plastic & Rubber, and Others), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Europe Surface Inspection Market would witness market growth of 8% CAGR during the forecast period (2021-2027).
The defect in the product can be in the form like laps, blackened steel, joints, scabs, guide marks, and twists. With the help of this technology, even tiny surface problems can be detected in an automated way. At the initial stage, progression eccentricities are detected, then can be enhanced or components can be examined for post handling, allowing gears that are carefully developed for security and functionality to be made with robustness and superior quality
The growing demand for automation and value assurance are the major factors boosting the surface inspection market. This is the major factor of the surging labor costs; while, companies are focusing on reducing this growing cost through automation. In addition, automation and speediness are helping in reducing the possibilities of human error. A modern solution such as machine vision (MV) assists in the mechanical inspection of the product that also helps in improving the effectiveness of the production process.
The European surface inspection market would exhibit a prominent growth in the coming years. This surge in the market growth is attributed to the growing demand for surface inspection systems across the manufacturing industries of this region. In addition, enhancements in industrial activities are supporting mass production, which is significantly decreasing the operational costs. Likewise, to reduce the chances of human errors, industries are highly deploying surface inspection systems, which will enable manufacturers to offer high-quality products to their customers.
Moreover, a computer-based surface inspection system is highly adopted in this region, owing to numerous benefits offered by it. For instance, the usage of high-speed Intel processors can assist a wide range of applications as compared to a camera-based system. Besides, computer-based systems include various sockets and have the potential to operate several cameras. Further, computer-based systems are low in price in comparison to the camera-based system. Thus, it is anticipated that the growth of the regional surface inspection market would increase in the upcoming years.
The Germany market dominated the Europe Surface Inspection 3D Market by Country 2020, thereby, achieving a market value of $132.1 million by 2027. The UK market is exhibiting a CAGR of 8% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 9.6% during (2021 - 2027).
Based on Surface Type, the market is segmented into 2D and3D. Based on Deployment Type, the market is segmented into Computer based and Camera based. Based on Component, the market is segmented into Cameras, Lighting Equipment, Processors, Software, Frame Grabbers & Optics, and Others. Based on End User, the market is segmented into Semiconductor & Electronics, Food & Beverages, Healthcare, Automotive, Paper & Wood, Glass & Metal, Plastic & Rubber, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Surface Inspection Market Size will Hit $USD 5.6 Billion by 2027, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation., Panasonic Corporation, Keyence Corporation, Cognex Corporation, Teledyne Technologies, Inc., Basler AG, ISRA Vision AG (Atlas Copco), Ametek, Inc., VITRONIC Machine Vision, and Matrox Electronic Systems Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Surface Type
By Deployment Type
- Computer based
- Camera based
- Lighting Equipment
- Frame Grabbers & Optics
By End User
- Semiconductor & Electronics
- Food & Beverages
- Paper & Wood
- Glass & Metal
- Plastic & Rubber
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Omron Corporation
- Panasonic Corporation
- Keyence Corporation
- Cognex Corporation
- Teledyne Technologies, Inc.
- Basler AG
- ISRA Vision AG (Atlas Copco)
- Ametek, Inc.
- VITRONIC Machine Vision
- Matrox Electronic Systems Ltd.
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