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.
 
Market segmentation  
 
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:
 
By Components
  • Camera
  • Optics
  • Lighting 
  • Frame Grabbers
  • Software and Hardware
By Type
  • Computer Systems
  • Camera Systems
By Application
  • Automotive
  • Electrical/Electronics
  • Semiconductor
  • Medical
  • Pharmaceutical
  • Metal
  • Rubber and Plastics
  • Printing
  • Wood and Paper
  • Other Industrial Application (Glass and Non-Woven)
By Region
  • North America
  • Europe
  • Asia-Pacific 
  • Rest of the World 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Table of Content
 
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
1.3 Research scope and definitions
1.4 Research methodology
 
Chapter 2 Executive summary
 
Chapter 3 Global surface vision and inspection market overview
3.1 Global surface vision and inspection market – Introduction
3.2 Market Dynamics
      3.2.1 Market drivers
               3.2.1.1 Increasing need to reduce production cost
               3.2.1.2 Growing demand for quality products
      3.2.2 Market restraints
               3.2.2.1 Lack of skilled labor
               3.2.2.2 Lack of standardization
      3.2.3 Opportunities
               3.2.3.1 Develop compact size smart systems
3.3 Value chain analysis
3.4 Surface vision and inspection industry – Porter’s Five Forces Analysis
      3.4.1 Bargaining power of suppliers
      3.4.2 Bargaining power of buyers
      3.4.3 Threat of new entrants
      3.4.4 Threat from substitutes
      3.4.5 Degree of competition
3.5 Surface vision and inspection market attractiveness analysis, by application
3.6 Surface vision and inspection industry – Competitive landscape
 
Chapter 4 Global surface vision and inspection market, by components, 2011–2019
4.1 Introduction
4.2 Camera
      4.2.1 Global surface vision and inspection camera market size and forecast 2011–2019 (USD million)
4.3 Lighting equipment
      4.3.1 Global surface vision and inspection lighting equipment market size and forecast 2011–2019 (USD million)
4.4 Optics
      4.4.1 Global surface vision and inspection optics market size and forecast 2011–2019 (USD million)
4.5 Frame Grabber
      4.5.1 Global surface vision and inspection frame grabber market size and forecast 2011–2019 (USD million)
4.6 Software and hardware
      4.6.1 Global surface vision and inspection software and hardware market size and forecast 2011–2019 (USD million)
 
Chapter 5 Global surface vision and inspection systems market, by system, 2012–2018
5.1 Introduction
5.2 Computer systems
      5.2.1 Global computer systems for surface vision and inspection, market size and forecast 2011–2019 (USD million)
5.3 Camera systems
      5.3.1 Global camera systems for surface vision and inspection, market size and forecast 2011–2019 (USD million)
 
Chapter 6 Global surface vision and inspection market, by application, 2013–2019
6.1 Introduction
6.2 Automotive
      6.2.1 Global surface vision and inspection in automotive industry, market size and forecast 2011–2019 (USD million)
6.3 Electronics/electrical
      6.3.1 Global surface vision and inspection in electronics/electrical industry, market size and forecast 2011–2019 (USD million)
6.4 Semiconductors
      6.4.1 Global surface vision and inspection in semiconductor industry, market size and forecast 2011–2019 (USD million)
6.5 Medical
      6.5.1 Global surface vision and inspection in medical industry, market size and forecast 2011–2019 (USD million)
6.6 Food
      6.6.1 Global surface vision and inspection in food industry, market size and forecast 2011–2019 (USD million)
6.7 Pharmaceutical and packaging
      6.7.1 Global surface vision and inspection in pharmaceutical and packaging industry, market size and forecast 2011–2019 (USD million)
6.8 Metal
      6.8.1 Global surface vision and inspection in metal industry, market size and forecast 2011 – 2019 (USD million)
6.9 Rubber and plastic
      6.9.1 Global surface vision and inspection in rubber and plastic industry, market size and forecast 2011–2019 (USD million)
6.10 Printing
      6.10.1 Global surface vision and inspection in printing industry, market size and forecast 2011–2019 (USD million)
6.11 Wood and paper
      6.11.1 Global surface vision and inspection in wood and paper industry, market size and forecast 2011–2019 (USD million)
6.12 Other industrial applications
      6.12.1 Global surface vision and inspection in other industrial applications, market size and forecast 2011–2019 (USD million)
 
Chapter 7 Global surface vision and inspection market, by region, 2013–2019
7.1 Introduction
7.2 North America
      7.2.1 North America surface vision and inspection market size and forecast, by component, 2011–2019 (USD million)
      7.2.2 North America surface vision and inspection market size and forecast, by type, 2011–2019 (USD million)
      7.2.3 North America surface vision and inspection market size and forecast, by industry, 2011–2019 (USD million)
7.3 Europe
      7.3.1 Europe surface vision and inspection market size and forecast, by component, 2011–2019 (USD million)
      7.3.2 Europe surface vision and inspection market size and forecast, by type, 2011–2019 (USD million)
      7.3.3 Europe surface vision and inspection market size and forecast, by industry, 2011–2019 (USD million)
7.4 Asia Pacific
      7.4.1 Asia Pacific surface vision and inspection market size and forecast, by component, 2011–2019 (USD million)
      7.4.2 Asia Pacific surface vision and inspection market size and forecast, by type, 2011–2019 (USD million)
      7.4.3 Asia Pacific surface vision and inspection market size and forecast, by industry, 2011–2019 (USD million)
7.5 Rest of the World (RoW)
      7.5.1 RoW surface vision and inspection market size and forecast, by component, 2011–2019 (USD million)
      7.5.2 RoW surface vision and inspection market size and forecast, by type, 2011–2019 (USD million)
      7.5.3 RoW surface vision and inspection market size and forecast, by industry, 2011–2019 (USD million)
 
Chapter 8 Company profiles
8.1 Adept Technology, Inc
      8.1.1 Company overview
      8.1.2 Financial overview
      8.1.3 Business strategy
      8.1.4 SWOT analysis
      8.1.5 Recent developments
8.2 Cognex Corporation
      8.2.1 Company overview
      8.2.2 Financial overview
      8.2.3 Business strategy
      8.2.4 SWOT analysis
      8.2.5 Recent developments
8.3 Edmund Optics Inc
      8.3.1 Company overview
      8.3.2 Financial overview
      8.3.3 Business strategy
      8.3.4 SWOT analysis
      8.3.5 Recent developments
8.4 ISRA VISION AG
      8.4.1 Company overview
      8.4.2 Financial overview
      8.4.3 Business strategy
      8.4.4 SWOT analysis
      8.4.5 Recent developments
8.5 Microscan Systems, Inc.
      8.5.1 Company overview
      8.5.2 Financial overview
      8.5.3 Business strategy
      8.5.4 SWOT analysis
      8.5.5 Recent developments
8.6 Omron Corporation
      8.6.1 Company overview
      8.6.2 Financial overview
      8.6.3 Business strategy
      8.6.4 SWOT analysis
      8.6.5 Recent developments
8.7 Panasonic Corporation
      8.7.1 Company overview
      8.7.2 Financial overview
      8.7.3 Business strategy
      8.7.4 SWOT analysis
      8.7.5 Recent developments
8.8 Perceptron Inc
      8.8.1 Company overview
      8.8.2 Financial overview
      8.8.3 Business strategy
      8.8.4 SWOT analysis
      8.8.5 Recent developments
8.9 Sharp Corporation
      8.9.1 Company overview
      8.9.2 Financial overview
      8.9.3 Business strategy
      8.9.4 SWOT analysis
      8.9.5 Recent developments
8.10 Toshiba Teli Corporation
      8.10.1 Company overview
      8.10.2 Financial overview
      8.10.3 Business strategy
      8.10.4 SWOT analysis
      8.10.5 Recent developments
8.11 Matrox Imaging
      8.11.1 Company overview
      8.11.2 Financial overview
      8.11.3 Business strategy
      8.11.4 SWOT analysis
      8.11.5 Recent developments
8.12 Electro Scientific Industries, Inc
      8.12.1 Company overview
      8.12.2 Financial overview
      8.12.3 Business strategy
      8.12.4 SWOT analysis
      8.12.5 Recent developments
8.13 Nikon Corporation
      8.13.1 Company overview
      8.13.2 Financial overview
      8.13.3 Business strategy
      8.13.4 SWOT analysis
      8.13.5 Recent developments
List of Tables
 
TABLE 1 Global surface vision and inspection market – Snapshot (2012 & 2019)
TABLE 2 Drivers: Impact analysis
TABLE 3 Restraints: Impact analysis
TABLE 4 North America surface vision and inspection market size and forecast, by component, 2011–2019 (USD million)
TABLE 5 North America surface vision and inspection market size and forecast, by type, 2011–2019 (USD million)
TABLE 6 North America surface vision and inspection market size and forecast, by industry, 2011–2019 (USD million)
TABLE 7 Europe surface vision and inspection market size and forecast, by component, 2011–2019 (USD million)
TABLE 8 Europe surface vision and inspection market size and forecast, by type, 2011–2019 (USD million)
TABLE 9 Europe surface vision and inspection market size and forecast, by industry, 2011–2019 (USD million)
TABLE 10 Asia Pacific surface vision and inspection market size and forecast, by component, 2011–2019 (USD million)
TABLE 11 Asia Pacific surface vision and inspection market size and forecast, by type, 2011–2019 (USD million)
TABLE 12 Asia Pacific surface vision and inspection market size and forecast, by industry, 2011–2019 (USD million)
TABLE 13 RoW surface vision and inspection market size and forecast, by component, 2011–2019 (USD million)
TABLE 14 RoW surface vision and inspection market size and forecast, by type, 2011–2019 (USD million)
TABLE 15 RoW surface vision and inspection market size and forecast, by industry, 2011–2019 (USD million)
List of Figures 
 
FIG. 1 Global surface vision and inspection market segmentation
FIG. 2 Global surface vision and inspection market size, by region, 2012 (USD million)
FIG. 3 Global average monthly wages, 2006 – 2011
FIG. 4 Surface vision and inspection industry – Value chain
FIG. 5 Surface vision and inspection industry – Porter’s Five Forces Analysis
FIG. 6 Surface vision and inspection market attractiveness analysis, by application
FIG. 7 Surface vision and inspection market share analysis, 2012 (%)
FIG. 8 Global surface vision and inspection market share (%), by components, 2012 & 2019
FIG. 9 Global surface vision and inspection camera market size and forecast 2011–2019 (USD million)
FIG. 10 Global surface vision and inspection lighting equipment market size and forecast 2011 – 2019 (USD million)
FIG. 11 Global surface vision and inspection optics market size and forecast 2011 – 2019 (USD million)
FIG. 12 Global surface vision and inspection frame grabber market size and forecast 2011 – 2019 (USD million)
FIG. 13 Global surface vision and inspection software and hardware market size and forecast 2011 – 2019 (USD million)
FIG. 14 Global surface vision and inspection market share (%), by system, 2012 & 2019
FIG. 15 Global computer systems for surface vision and inspection, market size and forecast 2011 – 2019 (USD million)
FIG. 16 Global camera systems for surface vision and inspection, market size and forecast 2011 – 2019 (USD million)
FIG. 17 Global surface vision and inspection market share (%), by application, 2012 & 2019
FIG. 18 Global surface vision and inspection in automotive industry, market size and forecast 2011 – 2019 (USD million)
FIG. 19 Global surface vision and inspection in electronics/electrical industry, market size and forecast 2011 – 2019 (USD million)
FIG. 20 Global surface vision and inspection in semiconductor industry, market size and forecast 2011 – 2019 (USD million)
FIG. 21 Global surface vision and inspection in medical industry, market size and forecast 2011 – 2019 (USD million)
FIG. 22 Global surface vision and inspection in food industry, market size and forecast 2011 – 2019 (USD million)
FIG. 23 Global surface vision and inspection in pharmaceutical and packaging industry, market size and forecast 2011 – 2019 (USD million)
FIG. 24 Global surface vision and inspection in metal industry, market size and forecast 2011 – 2019 (USD million)
FIG. 25 Global surface vision and inspection in rubber and plastic industry, market size and forecast 2011 – 2019 (USD million)
FIG. 26 Global surface vision and inspection in printing industry, market size and forecast 2011 – 2019 (USD million)
FIG. 27 Global surface vision and inspection in wood and paper industry, market size and forecast 2011 – 2019 (USD million)
FIG. 28 Global surface vision and inspection in other industrial applications, market size and forecast 2011 – 2019 (USD million)
FIG. 29 Global surface vision and inspection market share, by region, 2012 & 2019 (%)
FIG. 30 Adept Technology annual revenue, 2010 – 2012, (USD million)
FIG. 31 Cognex annual revenue, 2010 – 2012, (USD million)
FIG. 32 ISRA VISION AG annual revenue, 2010 – 2012, (USD million)
FIG. 33 Omron Corporation annual revenue, 2010 – 2012, (USD million)
FIG. 34 Panasonic Corporation annual revenue, 2010 – 2012, (USD million)
FIG. 35 Perceptron Inc annual revenue, 2010 – 2012, (USD million)
FIG. 36 Sharp Corporation annual revenue, 2010 – 2012, (USD million)
FIG. 37 Toshiba Corporation annual revenue, 2010 – 2012, (USD million)
FIG. 38 Electro Scientific Industries, Inc. annual revenue, 2010 – 2012, (USD million)
FIG. 39 Nikon Corporation annual revenue, 2010 – 2012, (USD million)

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

Request Customization

Surface Vision Inspection Market