Video Borescopes Market

Video borescopes are flexible tubes with a tiny video camera on the end that enables  visual inspection in small areas. These are helpful for inspecting confined spaces such as pipes, engines, and other machinery. A video borescope shows the image in real time by using conductive wires that feed back to an electronic screen. These can capture pictures and movies for subsequent viewing or analysis. Video borescopes are sophisticated inspection tools featuring a flexible insertion tube, and a camera at the tip that enable users to visually check and capture high-resolution video or photos of difficult-to-reach regions.

Market Dynamics:

Growing adoption of video borescopes for inspection in hard-to-reach areas are expected to fuel growth of the global video borescopes market over the forecast period. Video borescopes are indispensable for industrial maintenance and inspection tasks. Requirements for safety and compliance will also continue to fuel growth of the global video borescopes market over the forecast period. In the aerospace, oil and gas, and power generation sectors, safety rules and compliance standards demand stringent inspection and maintenance procedures. Compatibility with data analysis and artificial intelligence will create new opportunities for the global video borescopes market over the forecast period. The capabilities and value proposition of video borescopes can be improved by combining them with AI and data analysis technology.

Accessibility challenges in complex environments are expected to hamper growth of the global video borescopes market over the forecast period.

Key features of the study:

• This report provides in-depth analysis of the global video borescopes market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global video borescopes market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Olympus Corporation, Karl Storz GmbH & Co. KG, SKF Group, FLIR Systems, Inc., Yateks Corporation, PCE Instruments, Vizaar Industrial Imaging AG, VJ Technologies, Inc., Gradient Lens Corporation, Medit Inc., RF System Lab (now owned by Olympus Corporation), Coantec Automation Technology Co., Ltd.,
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global video borescopes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global video borescopes market

Detailed Segmentation:

• Global Video Borescopes Market, By Type:
• • Rigid Video Borescopes
  • Flexible Video Borescopes
• Global Video Borescopes Market, By Diameter:
• • 0 to 5mm
  • 5mm to 10mm
  • Above 10mm
• Global Video Borescopes Market, By Application:
• • Automotive
  • Aerospace
  • Manufacturing
  • Power Generation
  • Oil and Gas
  • Healthcare
  • Infrastructure
  • Others
• Global Video Borescopes Market, By Price:
• • High
  • Medium
  • Low
• Global Video Borescopes Market, By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profile:
• • Olympus Corporation
  • Karl Storz GmbH & Co. KG
  • SKF Group
  • FLIR Systems, Inc.
  • Yateks Corporation
  • PCE Instruments
  • Vizaar Industrial Imaging AG
  • VJ Technologies, Inc.
  • Gradient Lens Corporation
  • Medit Inc.
  • RF System Lab (now owned by Olympus Corporation)
  • IT Concepts GmbH