Inspection Machines Market to Witness an Outstanding Growth by 2025
Advancements in technology are further increasing the range of inspection tasks that can be carried out. For instance, a metal detector inspection machine was restricted to detecting ferrous metal; however, it is now possible to detect glass, bone, fibers, wood, and also most non-ferrous metals in products by employing advance and different technologies. Moreover, inspection machines help in verification of product such as the weight of an already filled package utilizing a checkweigher. Other inspection machines help to carry out functions such as checking fill levels, checking pack for leaks, and even checking the temperature of a product in the pack without opening or destroying the outer packing.
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The Global Inspection Machines Market can be segmented into product, machine type, end-user, and geography. In terms of product, the global inspection machines market can be segmented into vision inspection systems, x-ray, inspection systems, leak detection systems, metal detectors, checkweighers, and others. Vision inspection systems holds significant share of the market due to high adoption rate of vision inspection machines by medical device manufacturers and pharmaceutical & biotechnology companies. In terms of machine type, the global inspection machines market can be segmented into fully automated inspection machines, semi-automated inspection machines, and manual inspection machines. Major share in the market is held by fully automated inspection machines, as it is quick and accurate as compared to other machine types. In terms of end-user, the global market for inspection machines can be segmented into medical device manufacturers, pharmaceutical & biotechnology companies, CMOs, food & beverage industry, and others.
In terms of geography, the inspection machines market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the market, in terms of revenue for inspection machines market. This is due to technological advancement, increase in the quality control spending by companies, and availability of grants and funding from government organizations in the region. Asia Pacific is estimated to expand rapidly during the forecast period due to the expansion of the health care industry, economic development, and prominent demand for quality products.
Additionally, there are number of factors affecting the growth of inspection machines market such as shifting of preference of pharmaceutical industries toward the quality of product, proper packaging, limited product wastage, and reduced or faster inspection process that saves production time and makes the product available in the market in short turnaround time/minimum time. The increase in production rate demands inspection of products before they reach the market. This, in turn, ultimately fuels the expansion of the global inspection machines market. Furthermore, the market is witnessing certain restraints, such as quality issue of the CMO, considerable cost for the machinery, and presence of traditional inspection procedure for specific products.
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Major players operating in the inspection machines market includes Omron Corporation, Robert Bosch GmbH, Mettler-Toledo International Inc., Cognex Corporation, Brevetti C.E.A. Spa, Teledyne Technologies Incorporated, Sartorius AG, Körber Medipak Systems AG, and Thermo Fisher Scientific Inc.
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