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Inspection Machines Market Trends

Report ID: GMI5865
Published Date: May 2023
Report Format: PDF

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Inspection Machines Market Trends

Some key trends in the market includes integration of artificial intelligence (AI) and machine learning (ML), emphasis on data analytics and reporting, adoption of advanced sensor technologies, and increasing demand for automated inspection.

Automated inspection systems, equipped with advanced sensors, machine vision technology, and robotics, offer higher accuracy, speed, and efficiency compared to manual inspection. The automation trend is driven by the need for improved productivity, reduced labor costs, and enhanced quality control across industries. These trends reflect the evolving landscape of the market, manufacturers and industry players are continuously innovating to meet the changing needs and expectations of various sectors

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for inspection machines was valued at around USD 841 million in 2022 and is estimated to reach over USD 1.4 billion by 2032, owing to the rise in the number of regulatory mandates to maintain GMP compliance in the healthcare sector, as well as rising pharmaceutical and biotechnology R&D costs.

The fully automated inspection machines segment held 42.5% market share in 2022 and is expected to grow at a significant pace during 2023-2032, on account of increased productivity & efficiency, improved inspection accuracy & consistency, regulatory compliance, and quality assurance.

North America inspection machines market will present significant opportunities in coming years, owing to technological advancements & innovations in inspection machines, growing pharmaceutical and medical device industries, and stringent regulatory standards.

Omron Corporation, Mettler-Toledo International Inc., Cognex Corporation, Keyence Corporation, Thermo Fisher Scientific Inc., Anritsu Corporation, Teledyne Technologies Incorporated, Sartorius AG, and Ishida Co., Ltd. among others.