Press release
Digital Imaging Market Future Trends, Market Drivers, Opportunities, Challenges, Sales Channels, Distributors, Revenue, Growth Potential 2019-2026 : Industry to Grow at +9% CAGR, Says Avid Infomatics
Avid Infomatics has announced the addition of the “Global Digital Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026“report to their offering.According to the new market research report "Digital Imaging Market ", the digital imaging market, the market is expected to grow from USD 15.79 billion by 2018 to USD 24.08 billion by 2023, at a CAGR of 8.81% during the forecast period.
The growth of the digital imaging market is driven by factors such as technological advantage over traditional methods, growing needs of industrial automation, and increasing consumer awareness raising the bar of safety and quality standards.
Download a Sample PDF Brochure of this Digital Imaging Industry Analysis at http://www.avidinfomatics.com/report/Digital-Imaging-Market-Global-Industry-Analysis-Size-Share-Growth-Trends-and-Forecast-2018-2026
Metrology to hold largest share of digital imaging market by 2018
Metrology is expected to hold the largest share of the digital imaging market by 2018. Metrology systems are widely used in the industries such as automotive, aerospace, energy & power, medical, and electronics to streamline their quality assurance processes and improve their manufacturing efficiency. Metrology is used in inspecting components, assembling, production planning, documenting large volume spaces, and surveying, among other applications.
Automotive to hold largest share of digital imaging market by 2018
The increasing adoption of industrial 4.0 would help enhance productivity through quality control by allowing the manufacturers to detect defects as well as enabling the predictive maintenance of factory machinery. Thus, the increasing adoption of industry 4.0 for making the processes more efficient through timely flaw detection is expected to drive the growth of the digital imaging market for the automotive industry. The automotive industry is expected to hold the largest share of the digital imaging market by 2018.
Digital imaging market in APAC to grow at highest CAGR during forecast period
The digital imaging market in APAC is expected to grow at the highest CAGR during the forecast period. Increasing population, rapidly growing economies (developed as well as developing), and government initiatives to promote industrial growth have made APAC an ideal destination for production units for various sectors including semiconductor, electronics, and automotive. Other major drivers for the growth of the market in APAC include the growing inclination toward energy generation projects based on alternative sources such as nuclear power, wind turbines, and hydroelectricity owing to the growing concerns regarding the depleting natural sources of energy.
Key players covered in this report:
The digital imaging market ecosystem comprises players such as GE (US), Olympus (Japan), Hexagon (Sweden), Cognex (US), Nikon (Japan), OMRON (Japan), Ametek (US), Matrox (Canada), Teledyne Technologies (US), National Instruments (US), and Keyence (Japan).
Know more about this report at http://www.avidinfomatics.com/report/Digital-Imaging-Market-Global-Industry-Analysis-Size-Share-Growth-Trends-and-Forecast-2018-2026
Key target audience:
Raw material suppliers
Component designers, manufacturers, and suppliers
Original equipment manufacturers (OEMs)
System integrators
Technology, software, service, and solution providers
Intellectual property (IP) core and licensing providers
Suppliers and distributors
Rental equipment providers
Trainers and consultants
Government bodies, such as regulating authorities and policymakers
Forums, alliances, and associations
Technology investors
Research institutes and organizations
Analysts and strategic business planners
Market research and consulting firms
This study answers several questions for stakeholders, primarily which market segments to focus in the next 2–5 years (depending on the range of forecast period) for prioritizing their efforts and investments.
Report Scope:
Market Segmentation: The digital imaging market in this report has been segmented into the following segments.
Digital Imaging Market BY Technology:
Machine Vision
Metrology
Radiography
LiDAR
Digital Imaging Market BY Application:
Inspection
Reverse engineering
Surveying
Digital Imaging Market BY Application:
Oil & Gas
Aerospace
Automotive
Power Generation
Machinery
Public Infrastructure
Consumer Electronics
Semiconductor Fabrication
Food & Beverages
Pharmaceutical
Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of Study
1.2 Definition
1.3 Scope of Study
1.3.1 Market Scope
1.3.2 Years Considered for Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Ranking Estimation
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions
3 Executive Summary (Page No. - 29)
4 Premium Insights (Page No. - 35)
4.1 Attractive Market Opportunities in Digital Imaging Market
4.2 Comparative Account of Growth Pattern of Digital Imaging Market, By Application
4.3 Digital Imaging Market in APAC, By Country & Industry (2017)
4.4 Market Shares of Major Countries in Digital Imaging Market, 2017
4.5 Digital Imaging Market, By Technology, 2018 vs 2023
5 Market Overview (Page No. - 40)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Technological Advantage Over Traditional Methods
5.2.1.2 Growing Need for Industrial Automation
5.2.1.3 Increasing Consumer Awareness Raising the Bar of Safety and Quality Standards
5.2.2 Restraints
5.2.2.1 High System and Deployment Cost
5.2.3 Opportunities
5.2.3.1 Trend of Product Miniaturization in the End-User Industries
5.2.3.2 Growing Industrialization in Developing Economies
5.2.4 Challenges
5.2.4.1 Lack of Skilled Workforce
5.3 Value Chain Analysis
...Continued
About Us
Avid Infomatics' is a business consulting and market intelligence firm that has made its mission to translate the massive exposure of data into real-time actionable insights. Although the information era has felicitated easy access to huge data reservoirs, drawing strategic business implications from an overwhelming information dump is a different ballgame altogether.
We cater to our clients by ensuring them easy access to prevalent market information and also by aiding their strategic undertakings by helping them make sense of information at hand.
Contact Us
Sean Thomas
Global Sales Manager,
Avid Infomatics,
Survey No. 284, Block 12 to 16,
Kakade Ang, Tanaji Nagar,
Chinchwad, Pune, India - 411033
Call +91-9657315414
Email: sales@avidinfomatics.com
Web: www.avidinfomatics.com
LinkedIn: www.linkedin.com/company/avid-infomatics/
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