Digital Inspection Market Segment Analysis By Key Players, Drivers, Regional

According to Market Research Future (MRFR), the global digital inspection market is projected to reach an approximate market value of USD 26 billion, with a CAGR of 9% from 2018 to 2023 (forecast period). The report takes into account the effect of the COVID-19 pandemic on the global digital inspection market and provides a concise estimation of the potential volatility of demand during the forecast period.

Digital Inspection allows engineers to test, measure, and conduct inspections of any electronic equipment or automation tool using devices that are digitally connected to a laptop or tablet to store and record results electronically. Previously, organizations used paper-based inspection systems. Multiple inspections were reported on a paper in various formats, which were time-consuming with low accuracy and performance. Nonetheless, with the introduction of digital inspection solutions, organizations can resolve the problems posed by paper-based inspection systems.

Digital inspection solutions provide non-destructive testing solutions and technologies such as x-rays, computed tomography, and remote visual inspection. 

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Market Segmentation

The global market for digital inspection has been segmented into technology, solution, dimension, and application.

Based on technology, the global market for digital inspection has been segmented into machine vision, metrology, Non-Destructive Testing (NDT).

Based on the solution, the global market for digital inspection has been segmented into hardware and software. Hardware-based digital inspection equipment includes Video Borescope, USB Digital Microscope, and digital multi-meters. Whereas, the software-based digital inspection system includes Qwerks, Action Card, HomeInspect, and Horizon Inspection software.

Based on the dimension, the global market for digital inspection has been segmented into 2D and 3D.

Based on application, the global market for digital inspection has been segmented into manufacturing, electronics and semiconductor, oil & gas, aerospace and defense, automotive, energy and power, food & beverages, public infrastructure, and others.

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Techfuture Joined: October 1st, 2020