The inspection machines market is projected to reach USD 905 million by 2027 from USD 721 million in 2022, at a CAGR of 4.7% during the forecast period. Factors such as the increasing issues in regulatory mandates by the government, the growing adoption of automated inspection systems in the pharmaceutical and biotechnology industries, and technological advancements in inspection systems leads to the growth of the market.
The global inspection machines market is consolidated at the top, with many leading market players based in developed countries. The prominent players in this market are Thermo Fisher Scientific (US), Robert Bosch GmbH (Germany), OPTEL Group (Canada), Körber AG (Germany), Cognex Corporation (US), METTLER TOLEDO International Inc. (US), Teledyne Technologies Incorporated (US), ACG Group (India), OMRON Corporation (Japan), Antares Vision S.p.A. (Italy), Brevetti CEA SpA (Italy), Jekson Vision Private Limited (India), Mitsubishi Chemical Holdings Corporation (Japan), Shanghai Tofflon Science and Technology Co. Ltd. (China), Systech International (US), LOMA Systems (UK), Laetus GmbH (Germany), VITRONIC (Germany), WIPOTEC-OCS GmbH (Germany), SEA Vision S.r.l. (Italy), Proditec (France), Iris inspection machines (France), CMP Pharma SRL (Italy), General Inspection (US), and Minebea Intec GmBh.(Germany). However, in the last few years, several smaller players have emerged from niche markets and are competing with global players based on price and technological innovation.
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Robert Bosch GmbH
Robert Bosch GmbH held the leading position in the inspection machines market in 2021. 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.
Körber AG held the second position in the inspection machines market in 2021. 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.
Inspection Machines Market by Product (Vision Inspection, Leak Detection, X-ray Inspection, Checkweigher, Metal Detector, Software), Type (Manual, Automatic), Packaging Type (Vials, Syringes, Blister), End User (Pharma, Biotech) - Global Forecast to 2027
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