Bharat Book Bureau Provides the Trending Market Research Report on “Global Digital Inspection Market, Forecast to 2022” under Consumer Goods category. The report provides information on industry overview, market size, latest developments, industry trends, Key Companies, global presence, and their future prospects.
Digital inspection market projected to grow at a CAGR of 7.2% between 2018 and 2023
The digital inspection market is expected to grow from USD 19.66 billion in 2018 to USD 27.84 billion by 2023, at a CAGR of 7.2% between 2018 and 2023. The growth of this market is driven by the growing adoption of industrial automation, technological advantages over traditional methods, and increasing consumer awareness raising the bar of safety and quality standards. The major restraint for this market is high system and deployment costs.
Request a free sample copy of Digital Inspection Market Report @ https://www.bharatbook.com/request-sample/344527
Digital inspection market for NDT technology estimated to grow at the highest CAGR
The market for NDT technology is expected to grow at the highest CAGR during the forecast period. The growth of this market can be attributed to the continuous advancements in electronics, and automation and robotics, and the increasing adoption of IoT solutions. Automated NDT equipment is preferred in verticals such as power generation, energy and power, mining, and aerospace.
Digital inspection market for hardware to hold the largest share of the market during the forecast period
The market for hardware is expected to lead the market between 2018 and 2023. The advent of new technologies has led to the development of compact and cost-effective hardware for digital inspection systems. Also, digital inspection is widely being adopted in manufacturing, electronics and semiconductor, oil & gas, energy and power sectors, among others, to maintain high-quality standards and safety at workplace. This, in turn, is driving the growth of the digital inspection market for hardware.
Digital inspection market in APAC to grow at the highest CAGR during the forecast period
The market in APAC is expected to grow at the highest CAGR between 2018 and 2023. Increasing population, accelerating economies (developed as well as developing), and government initiatives to promote industrial growth have made APAC an ideal destination for production units for various verticals, such as semiconductor, electronics, and automotive. Advancements in terms of economic growth, infrastructural developments, and construction of power plants are expected to boost the growth of the digital inspection market in APAC in the coming years.
Breakdown of the profile of primary participants:
- By Company Type: Tier 1 = 30 %, Tier 2 = 45%, and Tier 3 = 25%
- By Designation: C-Level Executives = 67%, Directors = 33%
- By Region: Americas = 50%, Europe = 25%, APAC = 20%, and RoW = 5%
Major players in the digital inspection market include General Electric (US), MISTRAS Group (US), Olympus (Japan), Hexagon (Sweden), Cognex (US), Nikon (Japan), Zetec (US), FARO Technologies (US), Basler (Germany), OMRON (Japan), Carl Zeiss (Germany), Mitutoyo (Japan), GOM (Germany), National Instruments (US), and Keyence (Japan). Key innovators in the market are iPromar (Singapore), FPrimeC Solutions (Canada), Shinning 3D Tech (China), Zebicon(Denmark), and SUALAB (South Korea).
To browse full research report with TOC, click the link below :
https://www.bharatbook.com/consumer-electronics-market-research-reports-344527/digital-inspection-technology-offering-dimension-geography-global-forecast.html
About Bharat Book Bureau:
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry study, country reports, business reports, newsletters and online databases. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.
Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.bharatbook.com
Follow us on : Twitter, Facebook, LinkedIn, Google Plus
Digital inspection market projected to grow at a CAGR of 7.2% between 2018 and 2023
The digital inspection market is expected to grow from USD 19.66 billion in 2018 to USD 27.84 billion by 2023, at a CAGR of 7.2% between 2018 and 2023. The growth of this market is driven by the growing adoption of industrial automation, technological advantages over traditional methods, and increasing consumer awareness raising the bar of safety and quality standards. The major restraint for this market is high system and deployment costs.
Request a free sample copy of Digital Inspection Market Report @ https://www.bharatbook.com/request-sample/344527
Digital inspection market for NDT technology estimated to grow at the highest CAGR
The market for NDT technology is expected to grow at the highest CAGR during the forecast period. The growth of this market can be attributed to the continuous advancements in electronics, and automation and robotics, and the increasing adoption of IoT solutions. Automated NDT equipment is preferred in verticals such as power generation, energy and power, mining, and aerospace.
Digital inspection market for hardware to hold the largest share of the market during the forecast period
The market for hardware is expected to lead the market between 2018 and 2023. The advent of new technologies has led to the development of compact and cost-effective hardware for digital inspection systems. Also, digital inspection is widely being adopted in manufacturing, electronics and semiconductor, oil & gas, energy and power sectors, among others, to maintain high-quality standards and safety at workplace. This, in turn, is driving the growth of the digital inspection market for hardware.
Digital inspection market in APAC to grow at the highest CAGR during the forecast period
The market in APAC is expected to grow at the highest CAGR between 2018 and 2023. Increasing population, accelerating economies (developed as well as developing), and government initiatives to promote industrial growth have made APAC an ideal destination for production units for various verticals, such as semiconductor, electronics, and automotive. Advancements in terms of economic growth, infrastructural developments, and construction of power plants are expected to boost the growth of the digital inspection market in APAC in the coming years.
Breakdown of the profile of primary participants:
- By Company Type: Tier 1 = 30 %, Tier 2 = 45%, and Tier 3 = 25%
- By Designation: C-Level Executives = 67%, Directors = 33%
- By Region: Americas = 50%, Europe = 25%, APAC = 20%, and RoW = 5%
Major players in the digital inspection market include General Electric (US), MISTRAS Group (US), Olympus (Japan), Hexagon (Sweden), Cognex (US), Nikon (Japan), Zetec (US), FARO Technologies (US), Basler (Germany), OMRON (Japan), Carl Zeiss (Germany), Mitutoyo (Japan), GOM (Germany), National Instruments (US), and Keyence (Japan). Key innovators in the market are iPromar (Singapore), FPrimeC Solutions (Canada), Shinning 3D Tech (China), Zebicon(Denmark), and SUALAB (South Korea).
To browse full research report with TOC, click the link below :
https://www.bharatbook.com/consumer-electronics-market-research-reports-344527/digital-inspection-technology-offering-dimension-geography-global-forecast.html
About Bharat Book Bureau:
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry study, country reports, business reports, newsletters and online databases. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.
Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.bharatbook.com
Follow us on : Twitter, Facebook, LinkedIn, Google Plus
Comments
Post a Comment