IMPACT OF CHALLENGES ON SURFACE INSPECTION MARKET

MarketsandMarkets

High-performance and innovative inspection systems are required to fulfill quality standards in the

and electronics industries. The electrical and electronics industry requires inspection systems for the detection of defects in

boards, wafer inspection, optical linewidth measurement,

disk drive head inspection, and

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Surface inspection market for automotive vertical expected to grow at highest CAGR during forecast period

The automotive sector increasingly relies on highly effective surface inspection systems to prevent defects at various stages of production. Surface inspection systems capture various material and production-induced defects. Surface vision is used for inspecting defects in complex parts such as cylinder bores, crankcases, and cylinder heads, on flat components such as cylinder head gaskets, and also on printed electronics.

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The automotive industry requires inspection of various large objects such as door panels through multiple cameras. Multiple camera solutions are more cost-efficient with computerbased systems. The automotive industry is seeing good growth in emerging countries due to various factors like increasing wages and decreasing unemployment due to industrialization

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Market for software expected to grow at highest rate during the forecast period

Software is the main component of the surface inspection system and contributes significantly to the cost of the system. Software drives the image acquisition, processing, and analysis functions. If the application is high-speed, requiring excellent image quality and generating a lot of image data, software with good processing power and memory capabilities is required. HALCON and MERLIC are the two standard software products for machine vision designed by MVTEC Software (Germany).

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Surface inspection market in APAC to witness highest CAGR during forecast period

APAC is expected to dominated the surface inspection market, during 2021-2026. in terms of value. In terms of volume also, APAC is expected to dominated the market throughout the forecast period. The surface inspection market in APAC is further expected to grow at the highest CAGR during the forecast period and dominate the market throughout the forecast period both in terms of value and volume. APAC is considered a major manufacturing hub in the world and expected to provide ample growth opportunities to the surface inspection market in this region.