The Surface Vision And Inspection Global Market Report 2023, provides comprehensive information on the surface vision and inspection market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Surface Vision And Inspection Global Market Report 2023, the market size is expected to grow from$2.47 billion in 2022 to $2.75 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The surface vision and inspection market size is expected to grow to $4.09 billion in 2027 at a CAGR of 10.4%.
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Technological advancements are a key trend in the surface vision and inspection market. Major companies operating in the surface vision and inspection market are coming up with new technologies to sustain their position in the surface vision and inspection market. For instance, in January 2020, Omron Corporation, a Japan-based electronics company operating in the surface vision and inspection market, launched MicroHAWK V/F400 and V/F300 Series smart cameras to simplify applications by combining vision inspection and code reading into a single, highly compact device. The V/F400 and V/F300 Series reduce hardware costs and the amount of time needed for commissioning and maintenance by combining multiple capabilities into a single unit. A high-resolution 5-megapixel color camera with liquid lens autofocus and other potent technologies ensures exceptional precision while encouraging greater flexibility in production line layouts. This new product also has cutting-edge autofocus technology that is perfect for inspecting products that vary in size, shape, or inspection type.
The surface vision and inspection market is segmented:
1) By Type: Computer Systems, Camera Systems
2) By Component: Hardware, Software
3) By Application: Automotive, Semiconductor, Electronics and Electrical, Healthcare or Pharmaceutical, Food and Beverages, Logistics and Postal Sorting, Metal, Rubber and Plastics, Wood and Paper, Printing, Other Applications
Asia-Pacific was the largest region in the surface vision and inspection market in 2022.
The table of contents in TBRC’s surface vision and inspection market report includes:
- Executive Summary
- Surface Vision And Inspection Market Characteristics
- Surface Vision And Inspection Market Trends And Strategies
- Surface Vision And Inspection Market – Macro Economic Scenario
- Surface Vision And Inspection Market Size And Growth
- Surface Vision And Inspection Market Segmentation
- Surface Vision And Inspection Market Regional And Country Analysis
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- Surface Vision And Inspection Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Surface Vision And Inspection Market
- Surface Vision And Inspection Market Future Outlook and Potential Analysis
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