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. METHODOLOGY
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
- 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
- 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
