Digital Inspection Market Size, Share, Competitive Landscape and Trend Analysis Report, by Offering, by Technology and, by Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2023-2032

Digital Inspection Market Outlook-2026

Initially, inspection was done manually, and the results and readings were recorded on paper. The manual inspection consumes lot of time and also requires skilled labor or technicians. There are some places where the manual inspection is not feasible, and hence there is need to develop an automated inspection system. Digital inspections are inspections performed by technicians with the help of devices such as laptops or tablets to record the results. The software is used in digital inspections. The software stores the results obtained by digital inspections and makes it available for technicians for further use. Digital inspection software allows technicians to make a thorough assessment of the overall health. Moreover, the software clearly communicates the products or instruments immediate and future needs. Digital inspection technique provides a reliable, repeatable, and scalable inspection platform to improve inspections of business and results in improving the quality control. The technological benefits of digital inspection over the traditional methods is the key factor that drives the growth of the digital inspection market. Furthermore, increase in adoption of industrial automation fuel the growth of the digital inspection market. In addition, growth in consumer awareness rises safety and quality standards, which further boost the market growth. However, high system and deployment costs restrain the growth of the digital inspection market. The market of digital inspection is highly competitive and the key strategies adopted by the key players are new product launch, product development, business expansion, merger, and acquisition. MISTRAS Group is one of the leading players in the digital inspection market. For instance, in December 2018, MISTRAS Group has acquired Onstream Pipeline Inspection Services, Inc., one of the leading providers of proprietary technology. The acquisition of Onstream creates an opportunity to diversify MISTRAS Group business. It enables MISTRAS Group to leverage their strength in the midstream market.

The major factors that drive the growth of the digital inspection market include technological benefits over traditional methods, increase in adoption of industrial automation, and rise in consumer awareness that create need for safety and quality standards. However, high system and deployment costs restrain the market growth. Each of these factors is anticipated to have a definite impact on the digital inspection market size during the forecast period.

The digital inspection market is segmented based on technology, offering, dimension, vertical, and region. Based on technology, the market is categorized into machine vision, metrology, and NDT. On the basis of offering, it is divided into hardware, software, and services. Based on dimension, it is bifurcated into 2D and 3D. By vertical, it is segmented into manufacturing, electronics, oil & gas, aerospace & defense, automotive, power, food & pharmaceuticals, and others. Based on region, the market is analyzed across Europe, Asia pacific, North America, and LAMEA.

The major companies profiled in the global digital inspection market include General Electric, MISTRAS Group, Olympus, Hexagon, Cognex, Nikon, Zetec, FARO Technologies, Basler, OMRON, and others.

KEY BENEFITS FOR STAKEHOLDERS

• This study comprises analytical depiction of the global digital inspection market trends with current trends and future estimations to depict the imminent investment pockets.
• The overall potential is determined to understand the profitable trends to gain a stronger foothold.
• The global digital inspection market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The current digital inspection market forecast is quantitatively analyzed to benchmark the financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

  Digital Inspection Market Report Highlights

Aspects	Details
By Industry Vertical	Electronics Automotive Industrial Aerospace and Defense Oil and Gas Others
By Region	North America  (U.S., CANADA, MEXICO) Europe  (UK, GERMANY, FRANCE, Russia, Rest of Europe) Asia-Pacific  (CHINA, JAPAN, INDIA, SOUTH KOREA, Rest of Asia Pacific) LAMEA  (LATIN AMERICA, MIDDLE EAST, AFRICA)
By Offering	Hardware Software Services
By Technology	Machine Vision Metrology Non Destructive Testing
Key Market Players	LogisticsVision, Pulsar Informatics, SEIC Systems, Aconex, BPD Zenith, Cognizant, 3Pillar Global, Innotas, IntellecTechs, GeoSim

Author Name(s) : n | Sonia Mutreja