Press release
Inspection Machines Market Size & Share, Forecast 2017-2025: Development Trends and Future Growth
The main objective of this report is to define, describe, and forecast the global “Inspection Machines” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Inspection machine are the series or sequence of the machine to inspect product, package or packaging component, weight, leakage etc., to ensure they are according to intended specification. An inspection machine includes manual, automatic, and computerized electronic systems, which handles the entire inspection process. The inspection machines are commonly utilized for color sorters, check weights and metal detectors, but the availability range of inspection machine has risen rapidly in last few years. This has been due to the need for an automated production system and to save time for the product to reach the market. 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.
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.
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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.
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.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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