Digital Inspection Market to Witness Huge Growth by Key Players: General Electric, MISTRAS Group, Olympus, Hexagon, Cognex, Nikon, Zetec, FARO Technologies, Basler, OMRON, Carl Zeiss and Others.

According to Market Study Report, Digital Inspection Market provides a comprehensive analysis of the Digital Inspection Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.This report also provides market landscape and market share information in the Digital Inspection Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Digital Inspection Market is expected to grow from USD 19.66 Billion in 2018 to USD 27.84 Billion by 2023, at a CAGR of 7.2% between 2018 and 2023. This report spread across 170 pages, profiling 10 companies and supported with 72 tables and 41 figures are now available in this research.

Top Key Players Profiled in the Digital Inspection Market:
o General Electric (US)
o MISTRAS Group (US)
o Olympus (Japan)
o Hexagon (Sweden)
o Cognex (US)
o Nikon (Japan)
o Zetec (US)
o FARO Technologies (US)
o Basler (Germany)
o OMRON (Japan)
o Carl Zeiss (Germany)
o Mitutoyo (Japan)
o GOM (Germany)
o National Instruments (US)
o Keyence (Japan)

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"Digital inspection market for NDT technology estimated to grow at the highest CAGR"
The market for NDT technology is expected to grow at the highest CAGR during the forecast period. The growth of this market can be attributed to the continuous advancements in electronics, and automation and robotics, and the increasing adoption of IoT solutions. Automated NDT equipment is preferred in verticals such as power generation, energy and power, mining, and aerospace.

"Digital inspection market for hardware to hold the largest share of the market during the forecast period"
The market for hardware is expected to lead the market between 2018 and 2023. The advent of new technologies has led to the development of compact and cost-effective hardware for digital inspection systems. Also, digital inspection is widely being adopted in manufacturing, electronics and semiconductor, oil & gas, energy and power sectors, among others, to maintain high-quality standards and safety at workplace.

"Digital inspection market in APAC to grow at the highest CAGR during the forecast period"
The market in APAC is expected to grow at the highest CAGR between 2018 and 2023. Increasing population, accelerating economies (developed as well as developing), and government initiatives to promote industrial growth have made APAC an ideal destination for production units for various verticals, such as semiconductor, electronics, and automotive.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 = 30 %, Tier 2 = 45%, and Tier 3 = 25%
o By Designation: C-Level Executives = 67%, Directors= 33%
o By Region: Americas = 50%, Europe = 25%, APAC = 20%, and RoW= 5%

Competitive Landscape of Digital Inspection Market:
1 Overview
2 Market Ranking Analysis
3 Competitive Scenario
3.1 Product Launches
3.2 Acquisitions and Partnerships
3.3 Contracts and Collaborations
3.4 Expansions

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Research Coverage:
The study segments the digital inspection market on the basis of technology into machine vision, metrology and NDT. The market has been segmented on the basis of offering into hardware, software, and services. On the basis of dimension, the market has been segmented into 2D and 3D.The study covers verticals such as manufacturing, electronics and semiconductor, oil & gas, aerospace & defense, automotive, energy and power, public infrastructure, food and pharmaceuticals, and others.

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