Inspection Machines Market

Robert Bosch GmbH (Germany), Körber AG (Germany), and ACG Group (India) are the leading players in the Inspection Machines Market

The inspection machines market is projected to reach USD 871 million by 2025 from USD 671 million in 2020, at a CAGR of 5.4% during the forecast period. The growing concerns to the regulatory mandates introduced by the government and regulatory bodies in the healthcare industry to maintain compliance with Good Manufacturing Practices (GMP), the increasing adoption of automated inspection systems in the pharmaceutical and biotechnology industries, growth in the number of product recalls, an increasing number of inspection checkpoints throughout the production line, and technological advancements in inspection systems support the growth of the market. However, the growing demand for used and refurbished inspection systems is expected to restrain this markets growth to a certain extent.

The global inspection machines market is consolidated at the top, with a large number of leading market players based in developed countries. The prominent players in this market are Robert Bosch GmbH (Germany), Brevetti C.E.A SPA (Italy), Körber AG (Germany), METTLER TOLEDO International Inc. (US), Teledyne Technologies (US), OMRON Corporation (Japan), Mitsubishi Chemical Holdings Corporation (Japan), Cognex Corporation (US), Jekson Vision Private Limited (India), Thermo Fisher Scientific (US), Antares Vision (Italy), OPTEL Group (Canada), and ACG Worldwide (India). However, in the last few years, a number of smaller players have emerged from niche markets and are competing with global players based on price and technological innovation. Due to the intense competition in the market, major market players are increasingly focusing on expanding their geographic presence into high-growth emerging markets and strengthening their technological competitiveness in the market by acquiring smaller players with desired technological capabilities or geographic presence.

To know about the assumptions considered for the study download the pdf brochure

Robert Bosch GmbH held the leading position in the inspection machines market. Bosch Packaging Technology, a wholly-owned subsidiary of Robert Bosch, provides inspection machines for the healthcare industry. The company offers a broad range of inspection machines. It has facilities in Germany, Austria, Denmark, France, the Netherlands, Russia, Switzerland, the UK, Brazil, China, India, Japan, Singapore, Thailand, Egypt, Nigeria, and South Africa. It focuses on product launches as its key business strategy. In March 2017, Bosch Packaging Technology released the KLV Series, a new leak detection inspection machine. Such developments help the company strengthen its inspection machines product portfolio and market position.

Körber AG held the second position in the inspection machines market in 2019. The company’s wholly-owned subsidiary Körber Medipak Systems AG (Switzerland), is engaged in providing software, materials, machines, and technologies to the pharmaceutical and biotech industry. The company operates through three business segments—Inspection Machines, Inspection Applications, and Track & Trace solutions. The firm offers its machines at a global level through its strong distribution network. Körber focuses on product launches as its key strategy to improve its share in the market.

Related Reports:

Inspection Machines Market by Product (Vision Inspection, Checkweigher, Metal Detector, Software), Type (Manual, Automatic), Packaging Type (Vials, Syringes, Blisters), End User (Pharmaceutical, Medical Device), COVID-19 Impact - Global Forecast to 2025

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
PH 4491
RI Published ON
1/8/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Inspection Machines Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved