Surface vision and inspection involves the use of angled lighting and smart cameras to accurately detect surface flaws or features in real-time. Surface vision and inspection systems are deployed with an intention to improve the productivity and quality of their products. Surface vision and inspection systems are being used in several workplaces throughout the manufacturing process. Machineries at various workshops are increasingly integrating with cameras and computer systems to improve the performance of manufacturing processes. By integrating such vision and inspection systems, problems in the process are identified at the root. Manufacturers in various industries such as automotive, electronics, semiconductor, wood, and paper, etc. are looking for control systems which not only increase production rate, but also maintain international quality standards consistently. Surface vision and inspection systems help manufacturers find defects in their products before they are dispatched to customers. These systems reduce inventory cost, minimize distribution of unacceptable products, and increase production without investing in additional resources.
The global surface vision and inspection market is expected to witness significant growth during the forecast period (2021–2028) due to growing demand for quality products. Quality management systems (QMS) have become an integral part of manufacturing processes across all industries. Automobile, semiconductor, steel, and several other manufacturers are increasingly implementing QMS to maintain consistency in design and development. Surface vision and inspection is one of the important components of modern QMS that enable manufacturers to meet global quality standards and customer satisfaction at reduced costs. Due to an increasing awareness about the benefits of these systems, small, mid, and large-sized manufacturers are deploying these technologies for reduced cost and increased profits.
According to Institute of Medicine (IOM), more than 25% of adverse drug events occur due to name confusion and about 33% of medication errors are attributed to labeling and packaging mistakes globally. Adverse drug events increases treatment cost for both healthcare providers and patients. In addition, medication errors cost billions of dollars and increases financial burden on governments. So countries across the world are implementing stringent packaging and labeling regulations to reduce number of medication errors. The companies are focusing on offering high quality products in the pharmaceutical, food and beverage industry, due to stringent manufacturing and packaging regulations. The Federal Food, Drug and Cosmetic Act in the U.S. regulates the accuracy of labeling on medical, pharmaceutical, food, and cosmetic products. This initiative was taken by the U.S. government to reduce labeling mistakes and the adverse effects of such mistakes. This has increased the demand for surface vision and inspection systems in labeling, packaging, and food industries, not only to meet the said regulations, but also to meet international product quality standards.
The major factor restraining growth of the global surface vision and inspection market is lack of skilled labors. Surface vision systems are advanced systems which are required to be handled carefully. To handle such complex systems, skilled labor is required. The cost of training workers to handle complex equipment such as vision systems is quite high. These workers require specialized training which is time consuming. Small scale companies cannot afford to invest large capital to train the workers. Hence, there is a lack of expertise and this factor is likely to affect the growth of the surface vision and inspection market.
|Base Year:||2020||Market Size in 2020:||US$ 2,200.0 Mn|
|Historical Data for:||2017 to 2019||Forecast Period:||2021 to 2028|
|Forecast Period 2021 to 2028 CAGR:||9.2%||2027 Value Projection:||US$ 4,401.0 Mn|
Matrox Imaging Ltd., Omron Adept Technology, Inc., Toshiba Teli Corporation, Ltd., Cognex Corporation, ISRA VISION AG, Panasonic Corporation, Omron Microscan Systems Inc., Perceptron, Inc., Sharp Corporation, Edmund Optics, AMETEK, Inc., Teledyne Technologies, Keyence Corporation, Datalogic S.p.A., Sony Corporation, Basler AG, Vitronic GmbH, SICK AG, IMS Messsysteme GmbH, Industrial Vision Systems Ltd., Allied Vision Technologies, Baumer Group, and Dark Field Technologies.
|Restraints & Challenges:||
Global Surface Vision and Inspection Market - Impact of Coronavirus (Covid-19) Pandemic
Globally, most of the countries are affected by COVID-19 and most of the countries have announced lockdown. COVID-19 has a significant impact on the supply-side as well as the demand side of the manufacturing industry. Companies are quickly evaluating impacts on three fronts: supply chain, market demand, and workforce.
Due to the lockdown measures, there is a shortage of workers at the manufacturing facilities. In addition to this, due to the shortage of transportation facilities such as trains and heavy-duty vehicles, manufacturers are unable to ship their products. The surface vision and inspection equipment are majorly used in the manufacturing industry. Owing to the above mentioned factors, the COVID-19 pandemic is expected to restrain the surface vision and inspection market growth in the near future.
However, the pharmaceutical and medical equipment companies are adopting surface vision and inspection systems to match the increasing demand for medical equipment and pharmaceutical products during the COVID-19 pandemic
Asia Pacific held dominant position in the global surface vision and inspection market in 2020
Asia Pacific held dominant position in the global surface vision and inspection market in 2020, accounting for 34.9% share in terms of value, followed by Europe and North America.
Figure 1: Global Surface Vision and Inspection Market Share (%), By Region, 2020
Asia Pacific is expected to account for the largest market share during the forecast period, owing to the presence of major key players such as OMRON Corporation, Panasonic Corporation, KEYENCE CORPORATION, and many others in the region. Furthermore, companies in Japan have a fast-changing product portfolio making the robot-based 3D system suitable. India is also among the fastest-growing emerging economies in the region and most of the companies are shifting their base to India, owing to low labor costs in India.
North America is expected to exhibit significant growth during the forecast period, owing to the increasing adoption of advanced machine vision technology in the manufacturing industry. Most manufacturing companies are preferring machine vision techniques for visual inspection that require high speed, high magnification, and repeatability of measurement. Technique such as 3D surface vision is becoming very popular in many industries such as semiconductor, printing, automotive, and many others.
Semiconductor segment is expected to drive the market growth during the forecast period
Among industry vertical, the semiconductor segment is expected to hold dominant position in the global surface vision and inspection market during the forecast period. The growing demand for high performance and low performance semiconductors are the major factors driving the segment growth. Furthermore, the increasing demand for semiconductor chip in various electronics devices such as smartphones, tablets, laptops, and others is leading to high demand for inspection systems in the market. For instance, in July 2016, KLA-Tencor Corporation, a U.S.-based company, launched six advanced wafer defect inspection and review systems for leading-edge IC device manufacturing.
Figure 2: Global Surface Vision and Inspection Market Value (US$ Mn) Analysis and Forecast, 2017 - 2028
The global surface vision and inspection market was valued at US$ 2,200.0 Mn in 2020 and is expected to reach US$ 4,401.0 Mn by 2028 at a CAGR of 9.2% between 2021 and 2028.
Major players operating in the global surface vision and inspection market include Matrox Imaging Ltd., Omron Adept Technology, Inc., Toshiba Teli Corporation, Ltd., Cognex Corporation, ISRA VISION AG, Panasonic Corporation, Omron Microscan Systems Inc., Perceptron, Inc., Sharp Corporation, Edmund Optics, AMETEK, Inc., Teledyne Technologies, Keyence Corporation, Datalogic S.p.A., Sony Corporation, Basler AG, Vitronic GmbH, SICK AG, IMS Messsysteme GmbH, Industrial Vision Systems Ltd., Allied Vision Technologies, Baumer Group, and Dark Field Technologies.
The surface vision and inspection systems are equipment which are used to identify the defects in the device. Surface vision systems offers effective integration of machine vision and motion control in order to create flexible, scalable, and robust automation systems. These systems are also used to ensure faultless quality of the final product. The growing demand for quality inspection in automotive, electronics, semiconductors, retail, and other industries is expected to drive growth of the market during the forecast period. Increasing complexity in design and manufacturing has led to significant rise in product defects. In order to reduce such types of defects, enterprises are using vision and inspection systems.
The increasing technological advancements such as high-resolution cameras, robust software, and powerful image processors has increased the demand for inspection technology. Additionally, increasing consumer awareness about the quality, safety, and effectiveness of the product is a key factor propelling demand for surface vision and inspection systems in the market. For instance, in July 2019, Datalogic S.p.A., an Italy-based company that provides products and services to the retail, manufacturing, transportation & logistics, and healthcare industries, launched the new MX-E90 industrial vision processor. This offers excellent performance for all types of machine vision applications in various markets such as automotive, electronics, packaging, and food & beverage.
The global surface vision and inspection market is expected to grow significantly during the forecast period. Rising adoption of digital industrial technology (Industry 4.0, Internet of Things (IoT), and Artificial Intelligence (AI)) and increasing adoption of industrial robots are some of the significant factors influencing the growth of the surface vision and inspection market. The increasing popularity of robot-based examination and inspection frameworks, particularly for cooperative robots, is one of the key trends observed in the market. Surface assessment frameworks are being coordinated with robots, which upgrade the interaction speed, decrease cost, and diminish human errors. For instance, in November 2019, OMRON Corporation, a Japan-based technology provider company, developed a unique defect extraction AI technology that recognizes defects by reproducing 'human sensibility' and 'expert experience' in order to automate the inspection at the manufacturing site.
Among industry vertical, automotive segment is expected to exhibit the highest growth during the forecast period. This is attributed to the increasing requirements of surface inspections of complex parts such as crankcases and cylinder bores, and reflective painted parts which are not easier to inspect with the human eye. The increasing complexities in automobiles could lead to greater production errors. In order to achieve high quality and minimum defects, automobile manufacturers are increasingly relying on error detection systems which are expected to drive the segment growth over the forecast period. For instance, ISRA VISION AG develops and markets control software and systems for image processing, optics and robotics. It has introduced fully automated optical surface inspection in the automotive industry.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section.