A thread is a continuous helical ridge formed on the inside (nut) or outside (screw) of a cylinder. Threads are set at an angle to the axis of a bolt or nut. This slope is called the helix angle. These threads play a major role in the assembly of large systems. Detailed information about the thread such as count of threads, size of threads, and angle of the threads is very essential before the integration of parts. Systems have been developed for the inspection of threads in order to get details about them. They are known as thread inspection systems. These thread inspection systems make available everything that is needed to measure the parts economically, effectively, and efficiently. Threads are mainly present either at the inner side or the outer side of the instrument. Different thread connects serve different purposes. Not all threads are similar. Thread inspection manufacturing companies recognize these basic needs and engineering of systems and incorporate them into thread inspection systems.
The classification of these thread inspection systems is based on the task the systems perform and complexity of the threads. There are mainly three types of thread inspection systems: system 21, system 22, and system 23. They work differently based on the level of complexity and accuracy.
The use of thread inspection systems helps industry verticals in many ways. Thread inspection offers detailed information of threads that are supposed to be amalgamated in the machines. With the usage of thread inspection systems, an accurate count, angle, and type can be examined, which is necessary when it comes to large machinery. Thus, using thread inspection systems helps in improving the quality of products. Manual inspection is more prone to errors, which can be fatal if ignored. Hence, automated inspection improves the quality of products. When the quality inspection process is mechanized, it becomes more precise and repeatable. Thus, automated inspection also ensures the quality of the product. This increases the market penetration of thread inspection systems, thus driving the market. Moreover, automation of the quality inspection process is cost effective. Over a period of time, thread inspection systems result in substantial cost savings as compared to labor expenses related to a manual inspection process. Therefore, there is a rise in the adoption of thread inspection systems, which is enhancing market growth. Mechanization of thread assessment enables business growth. When there is improvement in the quality of instruments, demand for these products increase, resulting in business growth. Hence, business growth that can be achieved due to the automation of inspection of threads leads to the higher implementation of thread automation systems. This is expected to propel the global thread inspection system market during the forecast period.
However, some thread inspection systems use the simple thread gauge method, which only reveals if components are good or bad but does not examine tolerance. This generates partial information. Moreover, measuring the inner threads of the instrument is time consuming. This is anticipated to hamper the thread inspection system market.
The global thread inspection system market can be segmented based on inspection, system, thread, application, and region. In terms of inspection, the global thread inspection system market can be classified into internal and external inspection. Based on system, the global thread inspection system market can be categorized into system 21, system 22, and system 23. In terms of thread, the global thread inspection system market can be divided into national pipe thread (NPT), national pipe taper fuel (NPTF), and national pipe straight locknut (NPSL). Based on application, the global thread inspection system market can be classified into micrometer measuring wires, simple thread gauge, and special micrometer thread inserts. In terms of region, the global thread inspection system market can be segmented into North America (NA), Asia Pacific (APAC), Europe (EU), South America (SA) and Middle-East.
Major players operating in the thread inspection market are Greenslade & Company, Inc., Superbolt, Inc., Gagemaker, LP, Johnson Gage, Optomech Engineers Pvt. Ltd., The Sempre Group Ltd., Premier Scales & Systems, Cutting Tool Engineering., Stealth Oilfield Inspections, Ltd., Bowers Group, OSG Corporation., and Keshrup Systems Private Limited. All these players provide a range of thread inspection systems to a wide range of industry verticals.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in 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.