Global Digital inspection market: Trends, Size, Shares and Forecasts 2019-2025 - PowerPoint PPT Presentation

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Global Digital inspection market: Trends, Size, Shares and Forecasts 2019-2025

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Some of the other major players operating in digital inspection market are Basler AG, Cognex Corporation, FARO Technologies, Inc., Fprimec Solutions, General Electric Company, Hexagon AB – PowerPoint PPT presentation

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Title: Global Digital inspection market: Trends, Size, Shares and Forecasts 2019-2025


1
Digital inspection market share research by
applications and regions for 2019-2025 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Overview of digital inspection market
  • North America held a significant digital
    inspection market share in 2018 and is estimated
    to dominate the industry share over the forecast
    timeline. The market growth is attributed to the
    presence of prominent digital inspection market
    players. Additionally, the region is developing
    as a key hub for sectors such as manufacturing
    and energy power. The rapid adoption of
    Industry 4.0 almost across all sectors in the
    region will propel the demand for digital
    inspection, resulting in the proliferation of the
    market. The Asia Pacific digital inspection
    market is expected to grow significantly due to
    an exponential increase in population and
    accelerated economies in the region. Supportive
    government initiatives to promote industrial
    growth in the region is further fueling the
    market growth.
  • Digital Inspection Market size is estimated to
    grow at a significant CAGR from 2019 to 2025 due
    to increasing need for accurate inspection of 3D
    data used for modeling analysis of 3D models.
    The inability of traditional measurement devices
    to address several manufacturing issues and the
    increasing focus on quality control are
    supporting digital inspection market growth. The
    growing demand for recording storing test
    results across sectors, such as aerospace
    defense, oil gas, and automotive, to improve
    accuracy and operational efficiency and reduce
    inspection time is contributing to the market
    growth. Additionally, digital inspection enables
    substantial cost savings, rapid report
    generation, and quicker inspection turnaround
    time for enterprises.

3
Continue
  • The 3D segment is anticipated to grow at a
    significant CAGR over the forecast timeline. The
    growth is attributed to the rising demand for
    product quality. The 3D digital inspection helps
    manufacturers to diagnose manufacturing issues,
    such as foreign materials, metal bridging, and
    construction defects, in 3D planes and high-speed
    environments. The NDT segment is expected to
    witness the highest growth over the forecast
    timeline due to continuous advancements in
    automation, electronics, and robotics. Several
    enterprises are rapidly embracing IoT solutions
    to improve their operational efficiency,
    contributing to digital inspection market share.
  • The manufacturing sector held the largest digital
    inspection market value and is estimated to
    maintain its industry share over the forecast
    timeline due to the growing adoption of industry
    4.0 in the manufacturing sector. The digital
    inspection in the manufacturing sector is
    anticipated to enhance the predictive maintenance
    of factory machinery and productivity through
    quality control by detecting defects.

4

Browse Full Research Report On digital
inspection market _at_ https//bit.ly/2ObMziZ
Request for an in-depth table of contents
for this report _at_ https//bit.ly/2YhxUqe
.com/request-toc/upcoming/1797
5
Continue
  • Digital inspection solution providers are
    focusing on strategic alliances with other market
    players to improve their offerings and expand
    their geographical presence. Prominent market
    players are investing heftily in research
    development activities to develop innovative
    products and maintain their dominance in the
    digital inspection market. For instance, in
    February 2019, Cognex Corporation launched two
    high-performance 3D vision systems DSMax32T
    laser displacement 3D system and 3D-A5000 area
    scan 3D system as well as a new method of 3D part
    location, PatMax 3D. These three new offerings
    will cater to diverse 3D vision needs for 3D
    inspection applications, offering a superior 3D
    inspection to manufacturers and factories.
  • Some of the other major players operating in
    digital inspection market are Basler AG, Cognex
    Corporation, FARO Technologies, Inc., Fprimec
    Solutions, General Electric Company, Hexagon AB,
    MISTRAS Group, Inc., Nikon Metrology NV (Nikon
    Corporation), Olympus Corporation, Omron
    Corporation, Shining 3D Tech, Sualab, Zebicon,
    Zetec Inc, and ZTE Corporation.

6
Methodology
  • Market
    research reports Key analytical components

7
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