The North America Fault Detection and Classification (FDC) Market would witness market growth of 8.7% CAGR during the forecast period (2023-2030).
One of the most vital elements in manufacturing is quality control. Inspecting each item is time- and labor-intensive, leading to production bottlenecks. In many instances, defects are easily missed by the human eye or even by industry specialists, resulting in a decrease in the quality of an individual component or a discarded, defective final product. Complex manufacturing systems frequently result in a rise in defect rates. Recent efforts by manufacturers to implement advanced technologies, such as AI and deep learning, have centered on transforming production processes and accelerating product inspection and defect detection. The combination of software, the application of deep learning technology, the strength of parallel processing, and the availability of simple-to-use tools are fundamental aspects of this transformation.
FDC tools and systems based on artificial intelligence are superior to manual inspection for tracking products on assembly lines, delivering significantly higher precision rates, improved product quality, increased productivity, higher throughput, and reduced production costs. AI-based fault detection and classification systems used for quality control employ machine learning so that defect prediction models autonomously learn and draw conclusions from the manufacturer's data. These models identify the most crucial features and develop new implicit rules to identify the feature combinations that impact the general product quality.
In Canada's food and packaging industries, FDC systems are crucial for maintaining product quality, safety, and operational efficiency. They also help companies adhere to strict regulatory requirements, reduce waste, and optimize processes. As these industries continue to evolve and embrace technological advancements, the role of FDC systems is expected to expand further. According to the International Trade Administration, Canada ranked sixth globally in terms of aerospace industry size in 2019, with $24 billion in sales. With approximately $10 billion in U.S. exports in 2018, Canada was the fourth-largest aerospace export region for the United States. Due to these factors, the market will expand in the future years in North America region.
The US market dominated the North America Fault Detection and Classification (FDC) Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,721.5 million by 2030. The Canada market is exhibiting a CAGR of 11.2% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 10.2% during (2023 - 2030).
Based on Application, the market is segmented into Manufacturing, and Packaging. Based on Component, the market is segmented into Hardware (Cameras, Sensors & Processors, Frame Grabbers, and Others), Software, and Services. Based on End-use, the market is segmented into Electronics & Semiconductors, Automotive, Metals & Machinery, Food & Packaging, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Fault Detection and Classification (FDC) Market is Predict to reach $8.2 Billion by 2030, at a CAGR of 9.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Applied Materials, Inc., KLA Corporation, Siemens AG, Microsoft Corporation, Amazon Web Services, Inc, Tokyo Electron Ltd., OMRON Corporation, Teradyne, Inc., Cognex Corporation and Advantest Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Application
By Component
- Hardware
- Cameras
- Sensors & Processors
- Frame Grabbers
- Others
- Software
- Services
By End-use
- Electronics & Semiconductors
- Automotive
- Metals & Machinery
- Food & Packaging
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Applied Materials, Inc.
- KLA Corporation
- Siemens AG
- Microsoft Corporation
- Amazon Web Services, Inc
- Tokyo Electron Ltd.
- OMRON Corporation
- Teradyne, Inc.
- Cognex Corporation
- Advantest Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Fault Detection and Classification (FDC) Market, by Application
1.4.2 North America Fault Detection and Classification (FDC) Market, by Component
1.4.3 North America Fault Detection and Classification (FDC) Market, by End-use
1.4.4 North America Fault Detection and Classification (FDC) Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Fault Detection and Classification (FDC) Market by Application
4.1 North America Manufacturing Market by Region
4.2 North America Packaging Market by Region
Chapter 5. North America Fault Detection and Classification (FDC) Market by Component
5.1 North America Hardware Market by Country
5.2 North America Fault Detection and Classification (FDC) Market by Hardware Type
5.2.1 North America Cameras Market by Country
5.2.2 North America Sensors & Processors Market by Country
5.2.3 North America Frame Grabbers Market by Country
5.2.4 North America Others Market by Country
5.3 North America Software Market by Country
5.4 North America Services Market by Country
Chapter 6. North America Fault Detection and Classification (FDC) Market by End-use
6.1 North America Electronics & Semiconductors Market by Country
6.2 North America Automotive Market by Country
6.3 North America Metals & Machinery Market by Country
6.4 North America Food & Packaging Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Fault Detection and Classification (FDC) Market by Country
7.1 US Fault Detection and Classification (FDC) Market
7.1.1 US Fault Detection and Classification (FDC) Market by Application
7.1.2 US Fault Detection and Classification (FDC) Market by Component
7.1.2.1 US Fault Detection and Classification (FDC) Market by Hardware Type
7.1.3 US Fault Detection and Classification (FDC) Market by End-use
7.2 Canada Fault Detection and Classification (FDC) Market
7.2.1 Canada Fault Detection and Classification (FDC) Market by Application
7.2.2 Canada Fault Detection and Classification (FDC) Market by Component
7.2.2.1 Canada Fault Detection and Classification (FDC) Market by Hardware Type
7.2.3 Canada Fault Detection and Classification (FDC) Market by End-use
7.3 Mexico Fault Detection and Classification (FDC) Market
7.3.1 Mexico Fault Detection and Classification (FDC) Market by Application
7.3.2 Mexico Fault Detection and Classification (FDC) Market by Component
7.3.2.1 Mexico Fault Detection and Classification (FDC) Market by Hardware Type
7.3.3 Mexico Fault Detection and Classification (FDC) Market by End-use
7.4 Rest of North America Fault Detection and Classification (FDC) Market
7.4.1 Rest of North America Fault Detection and Classification (FDC) Market by Application
7.4.2 Rest of North America Fault Detection and Classification (FDC) Market by Component
7.4.2.1 Rest of North America Fault Detection and Classification (FDC) Market by Hardware Type
7.4.3 Rest of North America Fault Detection and Classification (FDC) Market by End-use
Chapter 8. Company Profiles
8.1 Applied Materials, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 KLA Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Siemens AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Microsoft Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.6 SWOT Analysis
8.5 Amazon Web Services, Inc. (Amazon.com, Inc.)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 SWOT Analysis
8.6 Tokyo Electron Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 Omron Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 Teradyne, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 SWOT Analysis
8.9 Cognex Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expense
8.9.5 SWOT Analysis
8.10. Advantest Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 SWOT Analysis
TABLE 1 North America Fault Detection and Classification (FDC) Market, 2019 - 2022, USD Million
TABLE 2 North America Fault Detection and Classification (FDC) Market, 2023 - 2030, USD Million
TABLE 3 North America Fault Detection and Classification (FDC) Market by Application, 2019 - 2022, USD Million
TABLE 4 North America Fault Detection and Classification (FDC) Market by Application, 2023 - 2030, USD Million
TABLE 5 North America Manufacturing Market by Region, 2019 - 2022, USD Million
TABLE 6 North America Manufacturing Market by Region, 2023 - 2030, USD Million
TABLE 7 North America Packaging Market by Region, 2019 - 2022, USD Million
TABLE 8 North America Packaging Market by Region, 2023 - 2030, USD Million
TABLE 9 North America Fault Detection and Classification (FDC) Market by Component, 2019 - 2022, USD Million
TABLE 10 North America Fault Detection and Classification (FDC) Market by Component, 2023 - 2030, USD Million
TABLE 11 North America Hardware Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Hardware Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Fault Detection and Classification (FDC) Market by Hardware Type, 2019 - 2022, USD Million
TABLE 14 North America Fault Detection and Classification (FDC) Market by Hardware Type, 2023 - 2030, USD Million
TABLE 15 North America Cameras Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Cameras Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Sensors & Processors Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Sensors & Processors Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Frame Grabbers Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Frame Grabbers Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Software Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Software Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Services Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Fault Detection and Classification (FDC) Market by End-use, 2019 - 2022, USD Million
TABLE 28 North America Fault Detection and Classification (FDC) Market by End-use, 2023 - 2030, USD Million
TABLE 29 North America Electronics & Semiconductors Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Electronics & Semiconductors Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 33 North America Metals & Machinery Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Metals & Machinery Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Food & Packaging Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Food & Packaging Market by Country, 2023 - 2030, USD Million
TABLE 37 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Fault Detection and Classification (FDC) Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Fault Detection and Classification (FDC) Market by Country, 2023 - 2030, USD Million
TABLE 41 US Fault Detection and Classification (FDC) Market, 2019 - 2022, USD Million
TABLE 42 US Fault Detection and Classification (FDC) Market, 2023 - 2030, USD Million
TABLE 43 US Fault Detection and Classification (FDC) Market by Application, 2019 - 2022, USD Million
TABLE 44 US Fault Detection and Classification (FDC) Market by Application, 2023 - 2030, USD Million
TABLE 45 US Fault Detection and Classification (FDC) Market by Component, 2019 - 2022, USD Million
TABLE 46 US Fault Detection and Classification (FDC) Market by Component, 2023 - 2030, USD Million
TABLE 47 US Fault Detection and Classification (FDC) Market by Hardware Type, 2019 - 2022, USD Million
TABLE 48 US Fault Detection and Classification (FDC) Market by Hardware Type, 2023 - 2030, USD Million
TABLE 49 US Fault Detection and Classification (FDC) Market by End-use, 2019 - 2022, USD Million
TABLE 50 US Fault Detection and Classification (FDC) Market by End-use, 2023 - 2030, USD Million
TABLE 51 Canada Fault Detection and Classification (FDC) Market, 2019 - 2022, USD Million
TABLE 52 Canada Fault Detection and Classification (FDC) Market, 2023 - 2030, USD Million
TABLE 53 Canada Fault Detection and Classification (FDC) Market by Application, 2019 - 2022, USD Million
TABLE 54 Canada Fault Detection and Classification (FDC) Market by Application, 2023 - 2030, USD Million
TABLE 55 Canada Fault Detection and Classification (FDC) Market by Component, 2019 - 2022, USD Million
TABLE 56 Canada Fault Detection and Classification (FDC) Market by Component, 2023 - 2030, USD Million
TABLE 57 Canada Fault Detection and Classification (FDC) Market by Hardware Type, 2019 - 2022, USD Million
TABLE 58 Canada Fault Detection and Classification (FDC) Market by Hardware Type, 2023 - 2030, USD Million
TABLE 59 Canada Fault Detection and Classification (FDC) Market by End-use, 2019 - 2022, USD Million
TABLE 60 Canada Fault Detection and Classification (FDC) Market by End-use, 2023 - 2030, USD Million
TABLE 61 Mexico Fault Detection and Classification (FDC) Market, 2019 - 2022, USD Million
TABLE 62 Mexico Fault Detection and Classification (FDC) Market, 2023 - 2030, USD Million
TABLE 63 Mexico Fault Detection and Classification (FDC) Market by Application, 2019 - 2022, USD Million
TABLE 64 Mexico Fault Detection and Classification (FDC) Market by Application, 2023 - 2030, USD Million
TABLE 65 Mexico Fault Detection and Classification (FDC) Market by Component, 2019 - 2022, USD Million
TABLE 66 Mexico Fault Detection and Classification (FDC) Market by Component, 2023 - 2030, USD Million
TABLE 67 Mexico Fault Detection and Classification (FDC) Market by Hardware Type, 2019 - 2022, USD Million
TABLE 68 Mexico Fault Detection and Classification (FDC) Market by Hardware Type, 2023 - 2030, USD Million
TABLE 69 Mexico Fault Detection and Classification (FDC) Market by End-use, 2019 - 2022, USD Million
TABLE 70 Mexico Fault Detection and Classification (FDC) Market by End-use, 2023 - 2030, USD Million
TABLE 71 Rest of North America Fault Detection and Classification (FDC) Market, 2019 - 2022, USD Million
TABLE 72 Rest of North America Fault Detection and Classification (FDC) Market, 2023 - 2030, USD Million
TABLE 73 Rest of North America Fault Detection and Classification (FDC) Market by Application, 2019 - 2022, USD Million
TABLE 74 Rest of North America Fault Detection and Classification (FDC) Market by Application, 2023 - 2030, USD Million
TABLE 75 Rest of North America Fault Detection and Classification (FDC) Market by Component, 2019 - 2022, USD Million
TABLE 76 Rest of North America Fault Detection and Classification (FDC) Market by Component, 2023 - 2030, USD Million
TABLE 77 Rest of North America Fault Detection and Classification (FDC) Market by Hardware Type, 2019 - 2022, USD Million
TABLE 78 Rest of North America Fault Detection and Classification (FDC) Market by Hardware Type, 2023 - 2030, USD Million
TABLE 79 Rest of North America Fault Detection and Classification (FDC) Market by End-use, 2019 - 2022, USD Million
TABLE 80 Rest of North America Fault Detection and Classification (FDC) Market by End-use, 2023 - 2030, USD Million
TABLE 81 Key Information – Applied Materials, Inc.
TABLE 82 Key Information – KLA Corporation
TABLE 83 Key Information – Siemens AG
TABLE 84 Key Information – Microsoft Corporation
TABLE 85 Key Information – Amazon Web Services, Inc.
TABLE 86 Key Information – Tokyo Electron Ltd.
TABLE 87 Key Information – Omron Corporation
TABLE 88 Key Information – Teradyne, Inc.
TABLE 89 Key information – Cognex Corporation
TABLE 90 Key Information – Advantest Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Fault Detection and Classification (FDC) Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Fault Detection and Classification (FDC) Market
FIG 4 Porter’s Five Forces Analysis - Fault Detection and Classification (FDC) Market
FIG 5 North America Fault Detection and Classification (FDC) Market Share by Application, 2022
FIG 6 North America Fault Detection and Classification (FDC) Market Share by Application, 2030
FIG 7 North America Fault Detection and Classification (FDC) Market by Application, 2019 - 2030, USD Million
FIG 8 North America Fault Detection and Classification (FDC) Market Share by Component, 2022
FIG 9 North America Fault Detection and Classification (FDC) Market Share by Component, 2030
FIG 10 North America Fault Detection and Classification (FDC) Market by Component, 2019 - 2030, USD Million
FIG 11 North America Fault Detection and Classification (FDC) Market Share by End-use, 2022
FIG 12 North America Fault Detection and Classification (FDC) Market Share by End-use, 2030
FIG 13 North America Fault Detection and Classification (FDC) Market by End-use, 2019 - 2030, USD Million
FIG 14 North America Fault Detection and Classification (FDC) Market Share by Country, 2022
FIG 15 North America Fault Detection and Classification (FDC) Market Share by Country, 2030
FIG 16 North America Fault Detection and Classification (FDC) Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Applied Materials, Inc.
FIG 18 SWOT Analysis: KLA Corporation
FIG 19 SWOT Analysis: Siemens AG
FIG 20 SWOT Analysis: Microsoft Corporation
FIG 21 SWOT analysis: Amazon Web Services, Inc.
FIG 22 SWOT Analysis: Tokyo Electron Ltd.
FIG 23 SWOT Analysis: Omron Corporation
FIG 24 SWOT Analysis: Teradyne, Inc.
FIG 25 SWOT Analysis: Cognex Corporation
FIG 26 Swot Analysis: Advantest Corporation