Surface Vision And Inspection Market Size, Share & Trends Analysis Report By Components (Hardware, Software), By Application (Food & Beverages, Automotive, Smart Phones & Tablets), By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global surface vision and inspection market size was valued at USD 2,525.1 million in 2022 and is expected to exhibit a compound annual growth rate (CAGR) of 7.1 % from 2023 to 2030. Rapid industrialization globally, manufacturers’ approach toward automation to meet the changing consumer demand pertaining to product quality is expected to augment the market growth. Surface vision and inspection systems have various benefits such as cost-efficient, error reduction, increased accuracy, etc. which aid manufacturers attain more profit by maintaining high-quality products.

With the help of cameras, manufacturers can monitor production operations as they provide reliable scrutiny results and high-quality control over manufactured products. Semiconductor and pharmaceutical manufacturers are integrating cameras with high resolution and better picture quality aimed at visual inspection that helps them lower quality errors. This use of cameras at production facilities helps them read serial numbers, identify errors, count objects, etc.

Drug manufacturers are witnessing high investment in R&D activities and the production of new drugs and vaccines, to cater to the rising demand for medicines and vaccines globally. With the increasing medicine demand, the players are establishing new production plants and increasing the efficiency of the existing plant. Also, governments are imposing stringent regulations pertaining to the quality and supply of drugs. Thus, meeting the complex quality standards and attaining higher efficiency without compromising quality is expected to increase demand for surface vision & inspection solutions that help them detect defective products of any size & shape. For instance, camera manufacturing company JAI A/S based in Denmark company provides cameras to the pharmaceutical industry for detecting missing tablets, broken blister sealing, etc. to maintain quality assurance. The cameras are integrated with a 3-sensor imaging technique that provides precise spatial resolution and accurate edge detection which helps to address/resolve smaller problems.

Likewise, the automotive sector is witnessing rapid growth due to changing customer vehicle expectations and stringent safety standards by the governments. Manufacturers have to face expensive complaints when the product is rejected by the customers for even small scratches, paint defects on the body, mirrors, and curved displays. Thus, identifying small defects in the manufactured products that escape through manual visual inspection is increasing the demand for surface vision & inspection solutions that help achieve error-free end products. For instance, ISRA VISION GmbH, a Germany-based company that provides surface vision and inspection system that detects defects in components, interior and exterior paints, car interior, flawless surface for exterior and interior mirrors, etc. This high precision detection helps in lowering errors and maintains the better quality of vehicles.

However, an increase in cyber-attacks on industrial machines and robots along with the high complexity associated with the integration of systems are factors expected to hamper the surface vision & inspection market growth. The outbreak of COVID-19 negatively impacted the industry verticals globally. The governments of developed and developing countries imposed strict lockdowns which resulted in a halt at production facilities. Most surface vision and inspection system users are manufacturers from the automotive, semiconductor, food & beverage industries, and a halt in production sites lowered the demand for this system. This negatively impacted the target market growth. However, post-second-quarter of 2022 manufacturers started the factory operations with minimum labor. This labor shortage situation is creating demand for surface vision and inspection systems to lower production errors and improve operational efficiency

Components Insights

The hardware systems segment is expected to account for a significant CAGR of 7.2% over the forecast. The growth can be attributed to the rising automation approach among manufacturers, coupled with the rising adoption of advanced software to match the increasing production activities and complexities.

The camera segment of the global surface vision and inspection market accounted for a major revenue share of over 27.42 % in 2022. The growth can be attributed to increasing demand from the cosmetic & semiconductor sector for constant monitoring to ensure better product quality. Additionally, the adoption of digital cameras compared to analog cameras is increasing as they provide better results and are more reliable.

Application Insights

The electronics & electrical segment is expected to account for a revenue share in the global market of over 20.34% in 2022. The growth can be attributed to factors such as increasing demand for consumer electronics globally, and manufacturers’ approach to the adoption of advanced monitoring solutions to address mass production activities.

Moreover, the automotive sector is witnessing rapid changes, resulting in increasing design and manufacturing complexities. To meet government standards and lower operational costs players are implementing surface vision & inspection systems to make the process flawless.

Regional Insight

Asia Pacific is expected to witness growth with a CAGR of 7.3 % over the forecast period. Rapid industrialization in developing countries, the presence of major semiconductor, electronics, and automotive manufacturers, and the development of quality standards rules are responsible to drive the demand for surface vision & inspection systems. In addition, increasing investment in an assembly line, coupled with the player’s approach towards factory automation to attain high efficiency & reduce human errors is contributing to the industry growth in the region.

North America accounted for a revenue share of 38.0 % in 2022 in the global market. The growth can be attributed to increasing demand from cosmetic & drug manufacturers. The government is implementing strict laws related to product quality which results in the adoption of the advanced inspection system. Machine vision technology is becoming an integral part of the food & beverage industry and helping players achieve efficiency, quality, and safety in the production process. Thus, the need for quality and regulatory compliance is anticipated increasing demand for surface vision & inspection systems, driving industry growth in the region.

Key Companies & Market Share Insights

Major players are focused on the introduction of new products/services or making a new addition to flagship products which will help them attract new customers and ultimately increase their business. For instance, AMETEK Surface vision has announced the installment of an automated system to analyze material and its quality while reducing customer claims. Some prominent players in the global surface vision and inspection market include:

• Baumer Inspection

• Adept Technology, Inc

• Cognex Corporation

• Edmund Optics Inc

• ETS SuperVision BV

• Industrial Vision Systems Ltd.

• Microscan Systems Inc.

• Matrox Imaging

• Vitronic GmbH

• Omron Corporation

Surface Vision And Inspection Market Report Scope

Global Surface Vision And Inspection Market Segmentation

The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the surface vision and inspection market report based on component, application, and region.

• Components Outlook (Revenue, USD Million, 2018 - 2030)

  • Hardware

    • Camera

    • Optics

    • Lighting Equipment

    • Frame Grabber

    • Others

  • Software

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Automotive

  • Electronics & Electrical

    • Smart Phones and Tablets

    • Smart Devices with Glass Displays

    • Others

  • Healthcare/Pharmaceutical

  • Food & Beverages

  • Logistics & Postal Sorting

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • Rest of Europe

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Rest of Asia Pacific

  • Latin America

    • Brazil

    • Rest of Latin America

  • Middle East & Africa