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Rapid Growth Of Automatic Visual Inspection Systems Market Fueled By Surging Adoption Of Industry 4.0 And Smart Factory Technologies: Powering Innovation and Expansion in the Global Automatic Visual Inspection Systems Market by 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Automatic Visual Inspection Systems Market Size By 2025?
In the past few years, the market size for automatic visual inspection system has significantly expanded. This market is predicted to rise from $16.69 billion in 2024 to a substantial $18.93 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 13.4%. The historic growth trajectory is linked to an increased demand for high quality inspections in technology fields and non-destructive testing. Additionally, growing needs for AVI systems, advancements in defect detection, a heightened focus on safety, and the requirement for real-time insights have contributed to this upward trend.
How Big Is the Automatic Visual Inspection Systems Market Size Expected to Grow by 2029?
In the coming years, a swift expansion is anticipated in the market size of automatic visual inspection systems, projected to reach $29.37 billion in 2029 with a compound annual growth rate (CAGR) of 11.6%. Factors contributing to this anticipated growth during the forecast period include the rising demand for quality control and inspection in manufacturing, an emphasis on quality assurance, increased production volumes, higher acceptance and industry investment in the 4th industrial revolution principles, and its growing usage in the automotive sector. The forecast period also expects to see key trends such as the technological advancement in machine vision technology, the merging of advanced technologies and systems, the development of sophisticated AVIS technologies, the incorporation of automated inspection systems in production processes, and the implementation of industry 4.0 principles for informed, data-driven decisions.
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Which Key Market Drivers Powering Automatic Visual Inspection Systems Market Expansion and Growth?
As the use of Industry 4.0 and intelligent manufacturing models grow, so too does the potential for the automatic visual inspection systems market. The interweaving of groundbreaking tech, including the internet of things, artificial intelligence, and automation, is critical in creating smart and optimized industrial systems within these trends. Industry 4.0 and smart factory models utilize automatic visual inspection systems to magnify quality control and overall efficiency with real-time, data-centered evaluation of manufacturing processes. For instance, Rockwell Automation, Inc., a firm specialising in industrial automation and digital transformation technologies based in the U.S, reported in a May 2022 survey of 321 manufacturers that the uptake of intelligent manufacturing technologies has impressively surged 50% year-on-year. Furthermore, 74% of the manufacturers surveyed are either currently using or in plans of incorporating artificial intelligence into their manufacturing operations. Also, 83% of production experts intend to transform their contemporary processes into intelligent manufacturing models. Therefore, the consistent rise in the adoption of Industry 4.0 and smart factory models is fuelling the expansion of the automatic visual inspection systems market.
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Which Fast-Growing Trends Are Poised to Disrupt the Automatic Visual Inspection Systems Market?
Leading companies within the automatic visual inspection systems market, like Cohu, are putting their efforts into crafting innovative solutions such as the DI-Core analytics platform, in order to maintain their stronghold in the industry. The AI-driven inspection software, DI-Core, from Cohu is designed to elevate the precision of visual inspection. The foremost goal of this advanced system is not only to amp up asset performance, but to also cater to Industry 4.0 and factory automation endeavors specifically in the semiconductor manufacturing sector. In November 2023, Cohu Inc. based out of the USA, which leads in the global supply of semiconductor test handling equipment, introduced their new AI-inspection software, the DI-Core analytics platform. The software is designed to facilitate real-time processing and enhance the correctness of visual inspection for semiconductor manufacturers operating at accelerated production speeds. The product can identify minuscule defects from mere cosmetic patterns more precisely than any other current technique through its exclusive deep learning and neural network technologies. The mission of this product is to augment inspection efficacy without jeopardizing the standard of quality.
What Are the Emerging Segments in the Automatic Visual Inspection Systems Market?
The automatic visual inspection systemsmarket covered in this report is segmented -
1) By Type: 2D Systems, 3D Systems, Camera Systems, Machine Vision Systems, PC Based Systems, Other Types
2) By Component: Hardware, Software, Services
3) By Application: Surface Inspection, Quality Control And Inspection, Measurement, Other Applications
4) By End-Use: Automotive, Semiconductor And Electronics, Food And Beverage, Packaging, Pharmaceutical, Healthcare, Other End-Uses
Subsegments:
1) By 2D Systems: 2D Vision Inspection Systems, Flat Surface Inspection Solutions
2) By 3D Systems: 3D Vision Inspection Systems, Depth Sensing Solutions
3) By Camera Systems: High-Speed Cameras, Multi-Spectral Cameras
4) By Machine Vision Systems: Standalone Machine Vision Systems, Integrated Machine Vision Solutions
5) By PC Based Systems: PC-Based Imaging Systems, Software-Driven Inspection Solutions
6) By Other Types: Customized Inspection Solutions, Robotic Inspection Systems
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Who Are the Global Leaders in the Automatic Visual Inspection Systems Market?
Major companies operating in the automatic visual inspection systems market are Hitachi Ltd., Mitsubishi Electric Corporation, Nidec Corporation, Atlas Copco AB, KLA Corporation, OMRON Corporation, Keyence Corporation, FANUC Corporation, Zebra Technologies Corporation, Teledyne Technologies Incorporated, Mettler-Toledo International Inc., SICK AG., National Instruments Corporation, Syntegon Technology GmbH, Stevanato Group, Cognex Corporation, Datalogic S.p.A., Basler AG, Vitronic Machine Vision Ltd., Stemmer Imaging Ltd., ViTrox Corporation, Baumer Inspection GmbH, Pleora Technologies Inc., Viscom AG, ISRA Vision GmbH, ASC International, NDC International, Qualitas Technologies, VisionGauge, Shanghai VisionTech
Which are the Top Profitable Regional Markets for the Automatic Visual Inspection Systems Industry?
Asia-Pacific was the largest region in the automatic visual inspection systems market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automatic visual inspection systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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