North America Inspection Camera System Market Size, Share & Industry Trends Analysis Report By Component (Hardware and Services), By Application, By Video Quality, By Distribution Channel (In-Store and Online), By End-use, By Country and Growth Forecast, 2022 - 2028
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Get in-depth analysis of the COVID-19 impact on the North America Inspection Camera System Market
Market Report Description
The North America Inspection Camera System Market would witness market growth of 9.6% CAGR during the forecast period (2022-2028).
Manufacturers are concentrating on releasing new goods with improved capabilities following evolving requirements based on how consumers use the desired technology. Businesses aim to offer cutting-edge software platforms coupled with cloud computing to get an edge with AI and machine learning technology. Since standard approaches only allow for 2D measurement and inspection, there is a great need in the industry for 3D inspection systems that offer promising futures.
The main advantage of using inspection cameras in the plumbing business is their ability to do non-invasive inspections, which allows for a detailed examination of the pipeline and sewage systems without tearing down the entire infrastructure. In addition, a non-invasive assessment does not necessitate physical touch, although the sensor component may need to be put inside a machine system.
The COVID-19 outbreak is also anticipated to significantly impact the market under investigation. Due to COVID-19's high contagiousness, the American College of Radiology (ACR), which represents around 40,000 radiologists in the United States, has issued recommendations that CTs and X-rays not be utilized as the primary method of diagnosis or screening. Due to rising technical advancements, higher population affordability rates, and an increase in the annual number of diagnostic procedures, the United States is the world leader in diagnostic imaging setup.
The US market dominated the North America Inspection Camera System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $136.6 million by 2028. The Canada market is poised to grow at a CAGR of 12.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 11.1% during (2022 - 2028).
Based on Component, the market is segmented into Hardware and Services. Based on Application, the market is segmented into Pipeline Inspection, Drain Inspection, Tank, Medical Inspection and Others. Based on Video Quality, the market is segmented into SD & HD and Full HD & 4K. Based on Distribution Channel, the market is segmented into In-Store and Online. Based on End-use, the market is segmented into Municipal, Industrial, Commercial and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Inspection Camera System Market is Predict to reach $561.9 Million by 2028, at a CAGR of 11%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Basler AG, Leica Microsystems GmbH (Danaher Corporation), Eddyfi Technologies, OmniVision Technologies, Inc., Canon, Inc., Omron Corporation, Pleora Technologies, Inc., Clarus Medical LLC, Kintronics Inc., and SPX Corporation.
Scope of the Study
Market Segments Covered in the Report:
- Pipeline Inspection
- Drain Inspection
- Medical Inspection
By Video Quality
- SD & HD
- Full HD & 4K
By Distribution Channel
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Basler AG
- Leica Microsystems GmbH (Danaher Corporation)
- Eddyfi Technologies
- OmniVision Technologies, Inc.
- Canon, Inc.
- Omron Corporation
- Pleora Technologies, Inc.
- Clarus Medical LLC
- Kintronics Inc.
- SPX Corporation
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