The global surface inspection market is expected to grow from USD 4.0 billion in 2023 to USD 5.9 billion by 2028, registering a CAGR of 7.8%. The surging demand for electrical and electronic devices and the growing adoption of smart cameras and advanced image processors by various industries are some key factors propelling the growth of the surface inspection market.
ISRA VISION (Germany), Cognex (US), OMRON (Japan), Teledyne Technologies (US), and Keyence (Japan) are the top five players in the surface inspection market. These companies have a worldwide presence and offer a wide range of surface inspection systems and related solutions and services. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share.
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ISRA VISION is a global provider of surface inspection and image processing systems. It is one of the worlds leading manufacturers of image processing systems, specializing in 3D machine vision, particularly for 3D robot vision and 3D precision metrology. The company also develops, manufactures, and markets machine vision systems for industrial digitization to large manufacturing companies worldwide in close cooperation with leading technology universities and innovation centers.
ISRA VISION systems are based on an IT architecture ready for use in the emerging Industry 4.0 environment. The company operates through two business segments: Surface Vision and Industrial Automation. Through its Surface Vision business segment, the company provides web inspection systems, surface defect inspection systems, and inspection systems for painted and coated surfaces. The company also offers software solutions such as EPROMI and IQ-VIS.
Cognex is the worlds leading manufacturer of vision systems, software, sensors, and industrial barcode readers for manufacturing automation. Cognexs machine vision systems assist businesses in improving product quality, eliminating production errors, lowering manufacturing costs, and exceeding consumer expectations for high-quality products at a reasonable price. Machine vision is commonly used to detect defects; monitor production lines; guide assembly robots; and track, sort, and identify parts. Cognex only operates and specializes in one segment: Machine Vision Technology. The company provides a complete line of machine vision systems and sensors, vision software, and industrial image-based barcode readers to meet customers needs at various performance and price points.
Machine vision solutions from Cognex are used to automate manufacturing and distribution processes in a variety of industries where technology is a crucial element of automated production and quality assurance. Cognex products are also used in the logistics industry to automate distribution processes for applications such as retail and e-commerce to scan, track, and sort goods through distribution centers.
OMRON manufactures and provides automation equipment and components. The company operates through four segments: Industrial Automation Business, Electronic and Mechanical Components Business, Social Systems Solution and Service Business, and Healthcare Business.
The Industrial Automation Business segment manufactures and sells programmable controllers, motion controllers, sensing devices, industrial camera/code reader devices, inspection systems, safety devices, and industrial robots. In the surface inspection market, OMRON manufactures and offers vision systems (camera-based and computer-based systems), vision sensors, lighting systems, lenses, and cameras. The company also manufactures vision guidance and inspection systems in the machine vision ecosystem.
Surface Inspection Market by Component (Cameras, Frame Grabbers, Processors, Software), Surface Type (2D, 3D), System (Computer-based, Camera-based), Deployment Type (Traditional Systems, Robotic Cells), Vertical - Global Forecast to 2028
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