Automatic Visual Inspection Systems Market Growth & Worth USD 45.85 Billion in 2032 Analysis By Emergen Research

According to latest analysis by Emergen Research, The global Automatic Visual Inspection (AVI) systems market size was USD 14.46 Billion in 2022 and is expected to register a steady revenue CAGR of 12.3% during the forecast period, Rising demand for quality inspection in the manufacturing sector is a key factor driving market revenue growth. The report also highlights that the Asia Pacific region is expected to witness significant growth in the AVI Systems Market, primarily due to the increasing adoption of automation in various industries and the rising demand for high-quality products.

The Automatic Visual Inspection (AVI) Systems Market is witnessing significant growth due to its ability to improve the quality control process and enhance the productivity of various industries. The AVI systems are widely used in various manufacturing sectors, such as automotive, pharmaceuticals, food and beverages, electronics, and packaging, to inspect products, components, and packaging materials for defects or anomalies. The AVI systems use advanced technologies such as machine vision, artificial intelligence, and deep learning to detect defects, classify, sort, and reject faulty products.

The growing demand for high-quality products, the need for automation, and the increasing adoption of Industry 4.0 and smart factories are some of the key drivers of the AVI Systems Market. The AVI systems enable the real-time inspection of products, thereby minimizing the risk of faulty products reaching the end consumers. Additionally, the AVI systems also reduce the need for manual inspection, resulting in reduced labor costs, and increased efficiency.

You Can Download Free Sample PDF Copy Of This Report At: https://www.emergenresearch.com/request-sample/1832

However, the high initial cost of the AVI systems and the lack of skilled labor to operate and maintain these systems act as major restraints for the market growth. The implementation of AVI systems requires a significant capital investment, which is a major concern for small and medium-sized enterprises. Moreover, the installation and maintenance of these systems require skilled labor, which is currently in shortage in various regions.

Despite these challenges, the AVI Systems Market is expected to witness significant growth in the coming years, primarily driven by the increasing demand for automated inspection systems in various industries. The rise in the number of manufacturing facilities and the growing focus on quality control are also expected to boost market growth. Furthermore, the increasing use of AI and machine learning in the AVI systems is expected to create new growth opportunities for the market.

The US government is also taking initiatives to promote the adoption of AVI systems in various industries. For instance, the National Institute of Standards and Technology (NIST) is working towards developing standard test methods and reference materials for AVI systems. The NIST has also developed a database of images and videos that can be used to evaluate and improve the performance of AVI systems.

the Automatic Visual Inspection Systems Market is witnessing significant growth due to the increasing demand for high-quality products, the need for automation, and the adoption of Industry 4.0. However, the high initial cost of the systems and the shortage of skilled labor are major challenges for the market. Nevertheless, the AVI Systems Market is expected to grow significantly in the coming years, primarily driven by the increasing adoption of automated inspection systems in various industries and the growing use of AI and machine learning in these systems.

Major Companies and Competitive Landscape:

The Automatic Visual Inspection (AVI) Systems Market is highly competitive, with several key players operating in the market. The market players are focusing on product innovation, technological advancements, and strategic partnerships to gain a competitive advantage in the market. Some of the major players in the market include Stevanato Group, OMRON Corporation, COGNEX Corporation, ASC International, Viscom, ISRA Vision GmbH, Matrox Imaging, Baumer, Syntegon Technology GmbH, and Pleora Technologies Inc.

Omron Corporation offers a wide range of AVI systems, including 2D and 3D vision systems, image sensors, and machine vision controllers. The company focuses on product innovation and has launched several new products in the market in recent years, such as the FH series Vision System and the Mobile Robot LD series.

Cognex Corporation is another leading player in the AVI Systems Market, offering a broad range of products, including vision sensors, industrial barcode readers, and machine vision software. The company has a strong focus on research and development and has recently launched a new product, the In-Sight D900, which uses deep learning algorithms to enhance inspection capabilities.

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/1832

Segmentation Insights for Automatic Visual Inspection Systems Market Report:

The global automatic visual inspection systems market has been segmented by Emergen Research based on type, application, component, end-use, and region. Under the type segment, the market has been further categorized into 2D systems, 3D systems, camera systems, machine vision systems, PC-based systems, and others. The revenue generated by each type of AVI system has been projected from 2019 to 2032 and is represented in USD billion.

The application segment of the market has been divided into surface inspection, quality control & inspection, measurement, and others. The revenue generated by each application has been projected from 2019 to 2032 and is represented in USD billion.

Furthermore, the component segment of the market has been segmented into hardware, software, and services. The revenue generated by each component has been projected from 2019 to 2032 and is represented in USD billion.

The end-use segment of the market has been categorized into automotive, semiconductor & electronics, food & beverage (F&B), packaging, pharmaceutical, healthcare, and others. The revenue generated by each end-use has been projected from 2019 to 2032 and is represented in USD billion.

Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/automatic-visual-inspection-systems-market

Eric Lee
Corporate Sales Specialist
14671 110 Avenue, Surrey, British Columbia, V3R2A9
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions.

This release was published on openPR.