Product Code: MCP11544
Digital Inspection market worldwide is projected to grow by US$11.6 Billion, driven by a compounded growth of 6.8%. Machine Vision, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$11.1 Billion by the year 2025, Machine Vision will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 7.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$543.6 Million to the region's size and clout in the next 5 to 6 years. Over US$541.7 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Machine Vision will reach a market size of US$989.9 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.6% over the next couple of years and add approximately US$2 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Basler AG
- Carl Zeiss AG
- Cognex Corporation
- FARO Technologies, Inc.
- FPrimeC Solutions Inc.
- General Electric Company
- GOM GmbH
- Hexagon AB
- iPromar Pte Ltd.
- Keyence Corporation
- Mistras Group, Inc.
- Mitutoyo Corporation
- National Instruments Corporation
- Nikon Corporation
- Olympus Corporation
- Omron Corporation
- SHINING 3D Co., Ltd.
- SUALAB
- Zebicon a/s
- Zetec Inc.
TABLE OF CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Digital Inspection: A Prelude
- Robust Growth Projected for Digital Inspection Market
- Global Competitor Market Shares
- Digital Inspection Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Digital Inspection Gains Strong Foothold in the Manufacturing Industry
- Rise of Industry 4.0 Set to Accelerate Digital Inspection Deployments in Manufacturing Sector
- High Growth Opportunities for Digital Inspection in Automotive Repair
- Digital Inspection Emerges as a Handy Tool for Electronics Industry
- Food & Beverages: Niche End-Use Sector
- Ongoing Digitization of Oil & Gas Industry Gives Impetus to Digital Inspection Market
- Growing Use of Drones in Oil & Gas Inspection: A Review
- Metrology: Key Technology for Digital Inspection
- Digital Inspection Seeks to Widen Scope & Span in Machine Vision Ecosystem
- Established Role of NDT in Condition Monitoring Bodes Well
4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: Digital Inspection Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
- TABLE 2: Digital Inspection Market Share Shift across Key Geographies Worldwide: 2019 VS 2025
- TABLE 3: Machine Vision (Technology) World Market by Region/Country in US$ Million: 2018 to 2025
- TABLE 4: Machine Vision (Technology) Market Share Breakdown of Worldwide Sales by Region/Country: 2019 VS 2025
- TABLE 5: Metrology (Technology) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025
- TABLE 6: Metrology (Technology) Market Sales Breakdown by Region/Country in Percentage: 2019 VS 2025
- TABLE 7: NDT (Technology) Geographic Market Spread Worldwide in US$ Million: 2018 to 2025
- TABLE 8: NDT (Technology) Market Share Distribution in Percentage by Region/Country: 2019 VS 2025
- TABLE 9: Hardware (Offering) World Market Estimates and Forecasts by Region/Country in US$ Million: 2018 to 2025
- TABLE 10: Hardware (Offering) Market Share Breakdown by Region/Country: 2019 VS 2025
- TABLE 11: Software (Offering) World Market by Region/Country in US$ Million: 2018 to 2025
- TABLE 12: Software (Offering) Market Share Distribution in Percentage by Region/Country: 2019 VS 2025
- TABLE 13: Services (Offering) World Market Estimates and Forecasts in US$ Million by Region/Country: 2018 to 2025
- TABLE 14: Services (Offering) Market Percentage Share Distribution by Region/Country: 2019 VS 2025
- TABLE 15: Manufacturing (Vertical) Global Opportunity Assessment in US$ Million by Region/Country: 2018-2025
- TABLE 16: Manufacturing (Vertical) Percentage Share Breakdown of Global Sales by Region/Country: 2019 VS 2025
- TABLE 17: Electronics (Vertical) Worldwide Sales in US$ Million by Region/Country: 2018-2025
- TABLE 18: Electronics (Vertical) Market Share Shift across Key Geographies: 2019 VS 2025
- TABLE 19: Oil & Gas (Vertical) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2018-2025
- TABLE 20: Oil & Gas (Vertical) Market Share Breakdown by Region/Country: 2019 VS 2025
- TABLE 21: Aerospace & Defense (Vertical) Demand Potential Worldwide in US$ Million by Region/Country: 2018-2025
- TABLE 22: Aerospace & Defense (Vertical) Share Breakdown Review by Region/Country: 2019 VS 2025
- TABLE 23: Automotive (Vertical) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2018-2025
- TABLE 24: Automotive (Vertical) Distribution of Global Sales by Region/Country: 2019 VS 2025
- TABLE 25: Power (Vertical) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2018 through 2025
- TABLE 26: Power (Vertical) Global Market Share Distribution by Region/Country for 2019 and 2025
- TABLE 27: Food & Pharmaceuticals (Vertical) Global Opportunity Assessment in US$ Million by Region/Country: 2018-2025
- TABLE 28: Food & Pharmaceuticals (Vertical) Percentage Share Breakdown of Global Sales by Region/Country: 2019 VS 2025
- TABLE 29: Other Verticals (Vertical) Worldwide Sales in US$ Million by Region/Country: 2018-2025
- TABLE 30: Other Verticals (Vertical) Market Share Shift across Key Geographies: 2019 VS 2025
III. MARKET ANALYSIS
- GEOGRAPHIC MARKET ANALYSIS
- UNITED STATES
- Market Facts & Figures
- US Digital Inspection Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- TABLE 31: Digital Inspection Market in US$ Million in the United States by Technology: 2018-2025
- TABLE 32: United States Digital Inspection Market Share Breakdown by Technology: 2019 VS 2025
- TABLE 33: United States Digital Inspection Market Estimates and Projections in US$ Million by Offering: 2018 to 2025
- TABLE 34: United States Digital Inspection Market Share Breakdown by Offering: 2019 VS 2025
- TABLE 35: United States Digital Inspection Latent Demand Forecasts in US$ Million by Vertical: 2018 to 2025
- TABLE 36: Digital Inspection Market Share Breakdown in the United States by Vertical: 2019 VS 2025
- CANADA
- TABLE 37: Digital Inspection Market Analysis in Canada in US$ Million by Technology: 2018-2025
- TABLE 38: Canadian Digital Inspection Market Share Breakdown by Technology: 2019 VS 2025
- TABLE 39: Canadian Digital Inspection Market Estimates and Forecasts in US$ Million by Offering: 2018 to 2025
- TABLE 40: Digital Inspection Market in Canada: Percentage Share Breakdown of Sales by Offering for 2019 and 2025
- TABLE 41: Canadian Digital Inspection Market Quantitative Demand Analysis in US$ Million by Vertical: 2018 to 2025
- TABLE 42: Canadian Digital Inspection Market Share Analysis by Vertical: 2019 VS 2025
- JAPAN
- TABLE 43: Japanese Medium & Long-Term Outlook for Digital Inspection Market in US$ Million by Technology: 2018-2025
- TABLE 44: Japanese Digital Inspection Market Percentage Share Distribution by Technology: 2019 VS 2025
- TABLE 45: Japanese Market for Digital Inspection: Annual Sales Estimates and Projections in US$ Million by Offering for the Period 2018-2025
- TABLE 46: Japanese Digital Inspection Market Share Analysis by Offering: 2019 VS 2025
- TABLE 47: Japanese Demand Estimates and Forecasts for Digital Inspection in US$ Million by Vertical: 2018 to 2025
- TABLE 48: Digital Inspection Market Share Shift in Japan by Vertical: 2019 VS 2025
- CHINA
- TABLE 49: Digital Inspection Market Estimates and Forecasts in China in US$ Million by Technology: 2018-2025
- TABLE 50: Digital Inspection Market in China: Percentage Share Analysis by Technology for 2019 and 2025
- TABLE 51: Chinese Digital Inspection Market Growth Prospects in US$ Million by Offering for the Period 2018-2025
- TABLE 52: Chinese Digital Inspection Market by Offering: Percentage Breakdown of Sales for 2019 and 2025
- TABLE 53: Chinese Demand for Digital Inspection in US$ Million by Vertical: 2018 to 2025
- TABLE 54: Chinese Digital Inspection Market Share Breakdown by Vertical: 2019 VS 2025
- EUROPE
- Market Facts & Figures
- European Digital Inspection Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
- TABLE 55: European Digital Inspection Market Demand Scenario in US$ Million by Region/Country: 2018-2025
- TABLE 56: European Digital Inspection Market Share Shift by Region/Country: 2019 VS 2025
- TABLE 57: European Digital Inspection Market Assessment in US$ Million by Technology: 2018-2025
- TABLE 58: Digital Inspection Market in Europe: Percentage Breakdown of Sales by Technology for 2019 and 2025
- TABLE 59: European Digital Inspection Market Estimates and Forecasts in US$ Million by Offering: 2018-2025
- TABLE 60: European Digital Inspection Market Share Breakdown by Offering: 2019 VS 2025
- TABLE 61: European Digital Inspection Addressable Market Opportunity in US$ Million by Vertical: 2018-2025
- TABLE 62: European Digital Inspection Market Share Analysis by Vertical: 2019 VS 2025
- FRANCE
- TABLE 63: French Digital Inspection Market Estimates and Projections in US$ Million by Technology: 2018-2025
- TABLE 64: French Digital Inspection Market Share Breakdown by Technology: 2019 VS 2025
- TABLE 65: Digital Inspection Market in France by Offering: Estimates and Projections in US$ Million for the Period 2018-2025
- TABLE 66: French Digital Inspection Market Share Analysis by Offering: 2019 VS 2025
- TABLE 67: Digital Inspection Quantitative Demand Analysis in France in US$ Million by Vertical: 2018-2025
- TABLE 68: French Digital Inspection Market Share Analysis: A 7-Year Perspective by Vertical for 2019 and 2025
- GERMANY
- TABLE 69: German Digital Inspection Latent Demand Forecasts in US$ Million by Technology: 2018-2025
- TABLE 70: German Digital Inspection Market Share Breakdown by Technology: 2019 VS 2025
- TABLE 71: Digital Inspection Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Offering for the Period 2018-2025
- TABLE 72: German Digital Inspection Market Share Breakdown by Offering: 2019 VS 2025
- TABLE 73: Digital Inspection Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Vertical for the Period 2018-2025
- TABLE 74: Digital Inspection Market Share Distribution in Germany by Vertical: 2019 VS 2025
- ITALY
- TABLE 75: Digital Inspection Market Estimates and Forecasts in Italy in US$ Million by Technology: 2018-2025
- TABLE 76: Digital Inspection Market in Italy: Percentage Share Analysis by Technology for 2019 and 2025
- TABLE 77: Italian Digital Inspection Market Growth Prospects in US$ Million by Offering for the Period 2018-2025
- TABLE 78: Italian Digital Inspection Market by Offering: Percentage Breakdown of Sales for 2019 and 2025
- TABLE 79: Italian Demand for Digital Inspection in US$ Million by Vertical: 2018 to 2025
- TABLE 80: Italian Digital Inspection Market Share Breakdown by Vertical: 2019 VS 2025
- UNITED KINGDOM
- TABLE 81: United Kingdom Medium & Long-Term Outlook for Digital Inspection Market in US$ Million by Technology: 2018-2025
- TABLE 82: United Kingdom Digital Inspection Market Percentage Share Distribution by Technology: 2019 VS 2025
- TABLE 83: United Kingdom Market for Digital Inspection: Annual Sales Estimates and Projections in US$ Million by Offering for the Period 2018-2025
- TABLE 84: United Kingdom Digital Inspection Market Share Analysis by Offering: 2019 VS 2025
- TABLE 85: United Kingdom Demand Estimates and Forecasts for Digital Inspection in US$ Million by Vertical: 2018 to 2025
- TABLE 86: Digital Inspection Market Share Shift in the United Kingdom by Vertical: 2019 VS 2025
- REST OF EUROPE
- TABLE 87: Rest of Europe Digital Inspection Market Assessment in US$ Million by Technology: 2018-2025
- TABLE 88: Digital Inspection Market in Rest of Europe: Percentage Breakdown of Sales by Technology for 2019 and 2025
- TABLE 89: Rest of Europe Digital Inspection Market Estimates and Forecasts in US$ Million by Offering: 2018-2025
- TABLE 90: Rest of Europe Digital Inspection Market Share Breakdown by Offering: 2019 VS 2025
- TABLE 91: Rest of Europe Digital Inspection Addressable Market Opportunity in US$ Million by Vertical: 2018-2025
- TABLE 92: Rest of Europe Digital Inspection Market Share Analysis by Vertical: 2019 VS 2025
- ASIA-PACIFIC
- TABLE 93: Asia-Pacific Digital Inspection Market Estimates and Projections in US$ Million by Technology: 2018-2025
- TABLE 94: Asia-Pacific Digital Inspection Market Share Breakdown by Technology: 2019 VS 2025
- TABLE 95: Digital Inspection Market in Asia-Pacific by Offering: Estimates and Projections in US$ Million for the Period 2018-2025
- TABLE 96: Asia-Pacific Digital Inspection Market Share Analysis by Offering: 2019 VS 2025
- TABLE 97: Digital Inspection Quantitative Demand Analysis in Asia-Pacific in US$ Million by Vertical: 2018-2025
- TABLE 98: Asia-Pacific Digital Inspection Market Share Analysis: A 7-Year Perspective by Vertical for 2019 and 2025
- REST OF WORLD
- TABLE 99: Digital Inspection Market Analysis in Rest of World in US$ Million by Technology: 2018-2025
- TABLE 100: Rest of World Digital Inspection Market Share Breakdown by Technology: 2019 VS 2025
- TABLE 101: Rest of World Digital Inspection Market Estimates and Forecasts in US$ Million by Offering: 2018 to 2025
- TABLE 102: Digital Inspection Market in Rest of World: Percentage Share Breakdown of Sales by Offering for 2019 and 2025
- TABLE 103: Rest of World Digital Inspection Market Quantitative Demand Analysis in US$ Million by Vertical: 2018 to 2025
- TABLE 104: Rest of World Digital Inspection Market Share Analysis by Vertical: 2019 VS 2025
IV. COMPETITION
- BASLER AG
- CARL ZEISS AG
- COGNEX CORPORATION
- FARO TECHNOLOGIES
- FPRIMEC SOLUTIONS
- GOM GMBH
- GENERAL ELECTRIC COMPANY
- HEXAGON AB
- KEYENCE CORPORATION
- MISTRAS GROUP INC
- MITUTOYO CORPORATION
- NATIONAL INSTRUMENTS CORPORATION
- NIKON CORPORATION
- OLYMPUS CORPORATION
- OMRON CORPORATION
- SUALAB
- SHINING 3D CO.
- ZEBICON A/S
- ZETEC
- IPROMAR PTE
V. CURATED RESEARCH
