Digital Inspection Market Revenue by 2025
Edison, NJ -- (SBWIRE) -- 01/25/2019 -- HTF MI recently Announced Global Digital Inspection study with 100+ market data Tables and Figures spread through Pages and easy to understand detailed TOC on "Digital Inspection. Global Digital Inspection research allows you to get different methods for maximizing your profit. The research study provides estimates for Global Digital Inspection Forecast till 2025*. Some of the Leading key Company's Covered for this Research are General Electric (United States) , MISTRAS Group (United States) , Olympus (Japan) , Nikon (Japan) , Zetec (United States) , FARO Technologies (United States) , Hexagon (Sweden) , Cognex (United States) , Basler (Germany) and OMRON (Japan).
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Market Overview:
Digital Inspection is process of real time video inspection. Digital inspection is the method to test, measure and perform inspection of electronics equipment's as well as automation tool with the use of devices which are digitally linked to laptop or tablet to stock and record the results electronically. This inspection provides video inspection for gross imaging, quality control, teaching, electronics inspection, forensics and assembly. There are various technology used such as machine vision, metrology and NDT (Visual Inspection, Ultrasonic, Eddy Current, Radiography).
Market Trend
- Growing Demand of storing as well as recording the test results in various Industries
- Adoption of 3D Dimension in Digital Inspection
Market Drivers
- Increasing Demand in Automation Industry
- Rising Consumer Awareness Raising the Bar Of Safety As Well As Quality Standards
Opportunities
- Increasing Customize Solutions
- Rising Need in Developing Economics
Major Market Developments:
On 13th December 2018, MISTRAS Group, Inc. global provider of technology-enabled asset protection solutions has acquired Onstream Pipeline Inspection Services, Inc. a leading North American provider of proprietary technology enabling pipeline inspection. The deal was established for 143 million dollar.
On 9th October 2018, General Electricals has launched a ground-based blade inspection system with thermal imaging technology & wide-band acoustic spectral analysis to identify anomalies on blades across complete wind fleet, including both GE and non-GE turbines.
Target Audience:
Raw Material Suppliers , Distributors, Manufacturers and Suppliers , Technology, Software, Service and Solution Providers , Market Research and Consulting Firms , Government Regulatory Bodies , Government and Private Research Organization and Others
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Important Features that are under offering & key highlights of the report:
1) Who are the Leading Key Company in Global Digital Inspection market space?
Following are list of players that are currently profiled in the report "General Electric (United States) , MISTRAS Group (United States) , Olympus (Japan) , Nikon (Japan) , Zetec (United States) , FARO Technologies (United States) , Hexagon (Sweden) , Cognex (United States) , Basler (Germany) and OMRON (Japan)"
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
2) What will the market size be in 2025 and what will the growth rate be?
In 2019, the Global Digital Inspection market size was xx million USD and it is expected to reach USD xx million by the end of 2025, with a CAGR of xx% during 2019-2025.
3) What are the Market Applications & Types:
The study is segmented by following Product Type: Machine Vision , Metrology and NDT (Visual Inspection, Ultrasonic, Eddy Current, Radiography).
Major applications/end-users industry are: Manufacturing Unit , Electronics and Semiconductor , Oil & Gas , Aerospace & Defense , Automotive , Energy and Power , Public Infrastructure , Food and Pharmaceuticals and Others.
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
To comprehend Global Digital Inspection market dynamics in the world mainly, the worldwide Digital Inspection market is analyzed across major regions. HTF MI also provides customized specific regional and country-level reports for the following areas.
- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain, and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as General Electric (United States) , MISTRAS Group (United States) , Olympus (Japan) , Nikon (Japan) , Zetec (United States) , FARO Technologies (United States) , Hexagon (Sweden) , Cognex (United States) , Basler (Germany) and OMRON (Japan).. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.
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Research Parameter/ Research Methodology
Primary Research:
The primary sources involves the industry experts from the Global Digital Inspection industry including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – industry experts such as CEOs, vice presidents, marketing director, technology & innovation directors, founders and related key executives from various key companies and organizations in the Global Digital Inspection in the industry have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.
Secondary Research:
In the Secondary research crucial information about the industries value chain, total pool of key players, and application areas. It also assisted in market segmentation according to industry trends to the bottom-most level, geographical markets and key developments from both market and technology oriented perspectives.
In this study, the years considered to estimate the market size of Global Digital Inspection are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Key Stakeholders in Global Digital Inspection Market:
Global Digital Inspection Manufacturers
Global Digital Inspection Distributors/Traders/Wholesalers
Global Digital Inspection Subcomponent Manufacturers
Industry Association
Downstream Vendors
**Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
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