Global Inspection Camera Systems Market Insights Forecasts to 2032
- The global inspection camera system market size was estimated at $317.26 million in 2022.
- The market will grow at a CAGR of 13.0% from 2022 to 2032.
- The global inspection camera system market size is expected to reach $1083.49 million by 2032
- Asia Pacific is expected to grow the fastest during the forecast period.
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The global inspection camera system market size is expected to reach US$ 1083.49 million by 2032, growing at a CAGR of 13.0% during the forecast period 2022-2032.
An inspection camera system is a cost-effective and automatic technique for inspecting a wide range of products and collecting information for inspection targets in real time. These systems are also known as industrial and digital inspection cameras. Inspectors often use inspection cameras to collect data. They can be used to collect data in hard-to-reach or inaccessible places. Inspectors most commonly use visual inspection cameras, but they also use infrared inspection cameras and other cameras designed to record less common types of data, such as a radiography camera. These technologies can be integrated into the manufacturing process to provide a continuous stream of data while simultaneously inspecting and sorting items at extremely high speeds. However, they can be found in a number of companies where quality control is required.
The global inspection camera systems market is extremely competitive with several prominent competitors participating in the market. The key players in the market include Basler AG, Leica Microsystems, NDT Technologies, Pleora Technologies Inc., Kintronics Inc., Omron Corp., Canon Inc. and OmniVision. These companies invest in research and development to expand their offerings and gain a significant market advantage.
For example, OmniVision announced in October 2022 its recently released OS05B CMOS image sensor, which brings best-in-class pixel technology and quantum efficiency (QE) in a 5 megapixel (MP) design for professional and high-end consumer security cameras such as industrial and Factory surveillance systems, webcams and high-end baby monitors. The OS05B is suitable for professional security cameras such as those used in industrial and production environments where it is important to record good videos at night while consuming little power.
| Report coverage | Details |
|---|---|
| Base year: | 2022 |
| Market size in 2022: | $317.26 million |
| Forecast period: | 2022 – 2032 |
| Forecast period CAGR 2022 – 2032: | 13.0% |
| Value forecast 2032: | $1083.49 million |
| Historical data for: | 2018 – 2021 |
| Number of pages: | 200 |
| Tables, diagrams and figures: | 123 |
| Segments covered: | By component, by application, by end users, by region |
| Companies covered: | Pleora Technologies Inc., eInfochips, Clarcus Medical LLC, Eddyfi Technologies, Kintronics Inc., Pro-Vigil, Minicam Group, Ipek International Gmbh, CameraFTP, Camcloud, NDT Technologies (P) Ltd., CUES Inc., Exacq Technologies, Stealth Monitoring , OMNIVISION, IC LERCHER Solutions GmbH, Basler AG, Leica Microsystems |
| Pitfalls and Challenges: | Impact, challenge, future, growth and analysis of Covid-19 |
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Driving factors
The increasing use of inspection camera systems in local governments to protect against drainage and sewage system blockages is the main factor driving market expansion among municipal end users during the forecast period. Market adoption is increasing due to the desire for inspections and the desire to get a complete overview of the internal workings of various machines using various inspection facilities. Inspection camera systems are used to evaluate physical properties such as obstacles, frequency range, voltage and current in manufacturing and retail, where they are used as surveillance products.
In addition, manufacturers are focusing on developing innovative products with expanded capabilities and improvements according to changing market needs depending on how they leverage the required technology. The goal is for companies to offer new software platforms integrated into a cloud-based infrastructure to gain a competitive advantage with new technologies such as artificial intelligence (AI) and machine learning.
Furthermore, since the currently available methods only enable 2D measurement and inspection, there is a great demand in the industry for 3D inspection systems that offer attractive options. Inspection cameras allow a comprehensive inspection of the piping and drainage systems without dismantling the entire infrastructure as they perform non-invasive inspections, which has become a key advantage of their use in plumbing. The rapid growth of commercial and municipal categories as well as increasing demand for video inspections are driving the demand for inspection camera systems. Additionally, the market is expected to grow due to continued advancements in the machine vision market. Inspection cameras are also widely used in the pharmaceutical, packaging, semiconductor, security and surveillance industries.
Market segmentation
Through end-user insights
The municipal sector had the largest share of sales in the forecast period at over 34.7%.
On the basis of end users, the global inspection camera system market is segmented into industrial, commercial, municipal and others. Among these, the municipal segment dominates the market with the largest revenue share of 34.7% during the forecast period. The municipal government of the metropolitan area is making extensive use of the inspection camera system as it manages water distribution, drainage, sewerage, power cables and other assets that require accurate assessment, which is expected to boost the inspection camera system market in the municipal segment overall during the forecast period. For sewer inspection, this camera is equipped with a centering brush that prevents the sensor and camera head from falling to the bottom of the passage and damaging the camera.
From Application Insights
The pipeline inspection segment is witnessing significant CAGR growth during the forecast period.
Based on application, the global inspection camera system market is segmented into pipeline inspection, drain inspection, tank inspection, medical inspection, and others. Among these, the pipeline inspection segment is witnessing significant CAGR growth during the forecast period. Demand is increasing for inspection camera systems to prevent leaks, manage unwanted corrosion, locate unwanted ruptures and for many other applications in pipelines ranging from water transportation to wire and cable deployment to oil and gas transportation. The need for pipe inspection drives market demand at many stages of the supply chain, including the procurement, manufacturing, construction, installation and service phases.
From Component Insights
The hardware segment dominates the market with the largest revenue share during the forecast period.
On the basis of components, the global inspection camera system market is segmented into hardware and services. Among these, the hardware segment leads the market with the highest revenue share of 65.1% in the planned period, owing to the innovation of hardware systems in the market in recent years, which made inspection procedures in limited areas more convenient for end users has . Additionally, advances in camera lenses and display units have resulted in improved video quality, while hardened and waterproof wires and cables enable range in wet and high-pressure zones.
Regional insights
North America dominates the market with the largest market share during the forecast period.
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North America dominates the market with a market share of more than 36.2% during the forecast period. The rapid development of the industrial center contributes to the region's growth. The growing demand for advanced video inspection technologies to support commercial and government expansion across the region is driving the demand for the inspection camera systems market. In addition, this expansion can be linked to the demand for inspections in the development of natural gas and oil pipelines throughout the region.
In contrast, Asia Pacific is expected to grow the fastest during the forecast period. This expansion can be linked to increasing industrialization and commercialization, both of which have led to increased adoption of inspection camera systems. Since people cannot reach underwater pipes due to high water pressure and other unsafe situations, this camera system will inspect them for maintenance and repair purposes.
List of the main market participants
- Pleora Technologies Inc.
- eInfochips
- Clarcus Medical LLC
- Eddyfi Technologies
- Kintronics Inc.
- Pro-vigil
- Minicam group
- Ipek International GmbH
- CameraFTP
- Camcloud
- NDT Technologies (P) Ltd.
- CUES Inc.
- Exacq Technologies
- Stealth surveillance
- OMNIVISION
- IC LERCHER Solutions GmbH
- Basler AG
- Leica Microsystems
Important market developments
- On October 2022, Leica Microsystems, a global pioneer in microscopy and scientific instrumentation, introduced Enersight, an easy-to-use new software platform for microscope inspection and quality management. The program is intended to simplify and streamline the entire inspection and documentation workflow for a wide range of users. Enersight's easy-to-use interface allows users to perform inspection tasks consistently without having to use separate software functions for different products and operating modes.
- On January 2022, According to Pleora Technologies, the dairy distillery uses Pleora Technologies' visual inspection system to maintain the brand's quality requirements and reduce errors that increase operating costs and hinder production. The distillery uses Pleora's AI-based visual inspection system to complement manual labeling processes and ensure brand integrity. The camera-based system features pre-built AI plug-ins that can be quickly trained to a customer's specific requirements to graphically represent product variations and deviations on a display for operators and inspectors.
Market segment
This study forecasts sales at global, regional and country levels from 2020 to 2032. Spherical Insights has segmented the global inspection camera systems market based on the below-mentioned segments:
Inspection camera system market, component analysis
Inspection Camera Systems Market, Application Analysis
- Pipeline inspection
- Drain inspection
- tank
- Medical examination
- Other
Inspection Camera System Market, End User Analysis
- Industrial
- Commercially
- Municipal
- Other
Inspection Camera Systems Market, Regional Analysis
- North America
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- United Arab Emirates
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East and Africa
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