Business Wire.- The «Global Inspection Machine Market (2021-2026) by Product, Type, Application, End-User & Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis» report has been added to ResearchAndMarkets.com’s offering.
The Global Inspection Machine Market is estimated to be USD 565.75 Mn in 2021 and is expected to reach USD 775.85 Mn by 2026, growing at a CAGR of 6.52%.
The increasing adoption of automated inspection systems in the pharmaceutical and biotechnology industries, growth in the number of product recalls, an expanding number of inspection checkpoints throughout the production line, and technological advancements in inspection systems support the market’s growth.
However, the growing demand for used and refurbished inspection systems is expected to restrain this market’s growth to a certain extent. Also, the complexities of introducing inspection machines in a production line may hamper the market’s growth to a certain extent.
Market Segmentation
- By Product, the Global Inspection Machine Market is classified into Vision Inspection Systems, Leak Detection Systems, X-ray Inspection Systems, Combination Systems, Check Weighers, Metal Detectors and Software.
- By Type, the Global Inspection Machine Market is classified into Fully Automated, Semi-Automated, and Manual Inspection Machines.
- By Application, the Global Inspection Machine Market is classified into Bottles, Syringes, Blister Packaging, and Ampoules & Vials.
- By End User, the Global Inspection Machine Market is classified into Medical Device Manufacturers, Food Processing, Packaging Companies and Pharmaceuticals & Biotechnology Companies.
- By Geography, North America is expected to lead the market.
Recent Developments
- Radiant Vision Systems, a leading provider of automated visual inspection solutions for light-emitting components, announced that its VIPT (Vision Inspection Pack) Software had been recognized among the best in machine vision by the judges of the Vision Systems Design 2021 Innovators Awards program.. – 21st May 2021
- Zebra Technologies Introduces Intuitive, Flexible Industrial Machine Vision and Fixed Scanning Solutions that enable track and trace capabilities and quality inspection of manufacturing work in process.. – 18th May 2021
Market Influencers
Drivers
- Growing Number of Regulatory Mandates to Maintain Compliance with GMP in Healthcare Industry
- Increasing Adoption of Automated Inspection Systems in the Pharmaceutical Sector
- Rapid Technological Advancements in Inspection Systems
Restraints
- Lack of Access in Emerging Markets
- Growing Demand for Used and Refurbished Inspection Systems
Opportunities
- Outsourcing of Operations and the Growing Number of Manufacturing Facilities in Emerging Economies
- Emergence of New Application Areas
Challenges
- Complexities in Integrating Inspection Machines
Market Analysis
- Regulatory Scenario
- Porter’s Five Forces Analysis
- Impact of COVID-19
- Ansoff Matrix Analysis
Company Profiles
- Thermo Fisher Scientific Inc.
- Robert Bosch GmbH
- Tronox Limited
- OPTEL Group
- Korber AG
- Cognex Corporation
- Mettler-Toledo International Inc.
- Teledyne Technologies Incorporated
- ACG Group
- Omron Corporation
- Antares Vision S.p.A.
- Brevetti CEA SpA
- Jekson Vision Private Limited
- Mitsubishi Chemical Holdings Corporation
- Shanghai Tofflon Science and Technology Co. Ltd.
- Systech International
- LOMA Systems
- Laetus GmbH
- Vitronic
- Wipotec-OCS GmbH
- Sea Vision S.R.L
- Sartorius AG
For more information about this report visit https://www.researchandmarkets.com/r/3tykh6