Surface vision and inspection ensures absence or presence of features as required by the final product. It is used to verify correct assembly of a product, detect defects or flaws on surfaces of various parts of machines or boards. Some of the common defects on surfaces include burned steel, seams, laps, scabs, guide marks and twist. Moreover, due to rising quality concerns and increasing labor costs, surface vision and inspection techniques are largely being adopted by manufacturers of various companies. Further, the robustness and ease of use of vision systems are the key factors which would help to contribute to its growth in the upcoming years.
This market is segmented on the basis of components, systems, applications and regions. By systems, computer systems dominated the surface inspection market in 2012. This was due to their greater processing power and capability to handle complex operations. Smart cameras are smaller and cheaper as compared to computer systems and thus have low maintenance. Now day’s smart cameras are used frequently small and medium size to deploy surface vision and inspection systems for their quality management needs. Therefore, the camera systems are expected to see significant growth through the estimated period.
Components segment constitute camera, lighting, optics, frame grabber, software and hardware. Among these, camera is the most important and frequently used component in surface vision and inspection systems and hence accounted for the largest market share in 2012. On the contrary, software and hardware components segment of surface vision and inspection market is expected to see the fastest growth through the estimated period. This is mainly attributed to the growing demand for user friendly and efficient surface vision and inspection systems. As a result, this component is expected to grow at a faster growth rate in coming years.
Surface vision systems can be used in several industries which include automotive, printing, food, pharmaceutical and semiconductor among others. Rising manufacturing costs have created a need for higher yield and automation owing to which, it has become essential to avoid the rejection rates. Consequently, the semiconductor end use segment accounted for the largest market share in 2012. Food and Drug Administration (FDA) and several other national institutions are implementing mandatory standards and regulations to improve good manufacturing practice. These regulations are strictly being followed in the pharmaceutical sector across the world. In pharmaceutical industry, surface inspection helps in processes such as drug synthesis and label tracking.
Global manufacturers from North America and Europe are shifting their operating units in emerging countries of Asia Pacific to get benefit from lower labor wages. Due to this, high industrialization is expected in India, China and in other emerging countries of Asia Pacific. These manufacturers are expected to invest in surface vision and inspection systems in order to meet the international quality standards. Surface vision and inspection market in North America and Europe is expected to see a steady growth as manufacturers in these regions are replacing their older machineries with advanced automated systems.
The global surface vision and inspection market comprises of many recognized players such as Cognex Corporation, ISRA VISION AG, Edmund Optics Incorporation, Toshiba Teli Corporation and Microscan Systems Incorporation among others. Amongst them, Cognex Corporation and ISRA VISION AG accounted for greatest revenue share of the global surface vision and inspection market. These companies plan to expand their customer base with the help of strategic mergers and acquisitions, development of innovated products and investing more in research and development. Such strategies would help the companies to maintain a steady position in the market.
After the economic slowdown between 2008 and 2009, the global surface vision and inspection market has recovered strongly with the revival in growth of manufacturing industries. Moreover, due to rising quality concerns and increasing labor costs, surface vision and inspection techniques are largely being adopted by manufacturers in all sectors. The robustness and ease of use of vision systems are the key factors which would help to contribute to its growth in the coming years.
This report examines the global surface vision and inspection market which is segmented into various sub-divisions. It provides in-depth analysis of this market based on parameters such as type, system, applications and geography. In addition, the analysis provides market estimation in terms of revenue and forecast for the period between 2013 and 2019. Porter’s Five Forces analysis helps the competitive players to better understand the market in order to frame their strategies. The value chain analysis which gives a brief idea about the role of each vendor involved in this market is included in the report.
This report also provides company profiles of the key market players. This profiling includes company and financial overview, business strategies, and recent developments which can help the established players and new entrants to identify the opportunities in the market and develop strategies. Some of the key market players included in this report are Adept Technologies, Cognex Corporation, Edmund Optics Inc., ISRA VISION AG, Perceptron Inc., Sharp Corporation and Toshiba Teli Corporation among others.
This report segments the global surface vision and inspection market by systems into computer systems and camera systems; by components into camera, lighting, optics, software and hardware and frame grabber; by applications into automotive, electrical/electronics, semiconductor, food, pharmaceutical, metal, rubber and plastics, printing, wood and paper, other industrial applications and non-industrial applications and by region into North America, Europe, Asia Pacific and RoW.
The global surface vision and inspection market is segmented as below:
- Frame Grabbers
- Software and Hardware
- Computer Systems
- Camera Systems
- Rubber and Plastics
- Wood and Paper
- Other Industrial Application (Glass and Non-Woven)
- North America
- Rest of the World