Surface Vision and Inspection Market

Surface Vision and Inspection Market - Surface Vision And Inspection Systems Are Growing In
Demand
Transparency Market Research’s new market study on the global surface vision and inspection
market provides quantitative and qualitative analysis of the various segments of the market. The
research report presents an in-depth analysis of the said market, wherein the past behavior, current
trends, and future growth prospects are considered. The report, titled “Surface Vision and Inspection
Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”, is available
for sale on the company’s website.
The global surface vision and inspection market was valued at US$1.2 bn in 2012. Displaying a CAGR of
8.90% from 2013 to 2019, the market is expected to attain a value of US$2.3 bn by 2019. The robust yet
simple techniques that are used in surface vision and inspection processes are the major factor driving
the global surface vision and inspection market, says the report.
The foremost utility of surface vision and inspection lies in determining the presence of requisite
features as laid for terminal products, especially in manufacturing industries. Thus, employing this
technique, the accuracy of the assembly of a product can be checked and flaws or defects pertaining to
the surface of intermediate parts can be detected. Burned steel, seams, twists, scabs, laps, and guide
marks are some of the common surface defects of intermediate components.
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Component, application, type, and region are the criteria based on which the global surface vision and
inspection market is examined in this report. By component, cameras were the leading segment in the
global market in 2012. However, it is the software and hardware segment that will exhibit the fastest
growth during the forecast period. Due to the increasing demand for effectual and user-friendly
procedures for scrutiny of hardware and software components, surface vision and inspection systems
are growing in demand.
By type, camera systems and computer systems are the segments of the global market, of which
computer systems were the dominant segment in 2012. Computer systems are equipped to handle
complicated operations owing to their superior processing abilities, thereby making them effective for
surface vision and inspection systems.
However, camera systems will witness an upsurge in the global market for surface vision and inspection
during the forecast period. Smaller size, lower cost, and lower maintenance of camera systems are the
reasons for this.
On the basis of application, the largest market share was held by the semiconductor segment. The U.S.
Food and Drug Administration and similar agencies in other nations are implementing standards for
uniformity in manufacturing processes, which will require widespread usage of surface vision and
inspection systems.
North America is the largest regional market for surface vision and inspection, with a revenue
contribution of US$368.4 mn to the global market. However, manufacturers of surface vision and
inspection systems in North America and Europe are transferring operating facilities to Asia Pacific,
where low labor wage practices are still prevalent. This will benefit the Asia Pacific surface vision and
inspection systems market to some extent.