[321 Pages Report] A CAGR of 5.1% is expected for the global inspection machines market due to the growing demand during the forecast period. It is anticipated to be appraised at US$ 1,053.5 million by 2032, up from US$ 643.1 million in 2022. There has been a rising number of inspection checkpoints throughout the production line. This is likely to drive the sales of inspection machines.
Although, integrating inspection equipment into the manufacturing and packing line is difficult due to the complexity of the machines and various end-user requirements. Conversely, increasing investments in biotech and pharma research and development (R&D) activities are anticipated to generate remunerative opportunities for the market.
| Attributes | Details |
|---|---|
| Inspection Machines Market Size (2022) | US$ 643.1 million |
| Inspection Machines Market Size (2032) | US$ 1,053.5 million |
| Inspection Machines Market CAGR | 5.1% |
Various research studies, as well as product development and launches, are expected to surge the growth of the inspection machines market trends. A new VT-X750-V3 system, which is considered to be the fastest CT-type X-ray inspection device, was released by OMRON Corporation in 2021. Other market players launched X-ray technologies OEM product range for industrial and pre-clinical X-ray imaging systems.
A new concept for a non-destructive testing device using a novel carbon nanotube (CNT) based miniature X-ray tube has been proposed, according to a research study published titled, Development of a high-resolution X-ray inspection system using a carbon nanotube-based miniature x-ray tube. Such advancement is estimated to increase the adoption of inspection machines since they can be used for small-scale internal inspection of objects.
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Product recalls have been increasing due to unearthed issues such as when it is defective or a risk to health or both. Moreover, rising regulatory compliance with good manufacturing practices (GMP) is owing to the presence of major governmental and non-governmental authorities that inspect the final products deployed in the market by manufacturers. These factors are major drivers expected to drive the demand for inspection machines.
In the pharmaceutical sector, regulatory agencies such as the Food and Drug Administration (FDA), European Medicines Agency, and the Pharmaceuticals and Medical Devices Agency carefully monitor the compliance of manufacturers with Current Good Manufacturing Practice (CGMP) regulations to ensure the quality of drugs and medical devices. These regulations are important as they ensure product safety, and the claims of ingredients provided are verifiable.
The role of CROs and CMOs in manufacturing and packaging has increased owing to the possibility of reducing timeframes while offering external validation and expertise. This is because contract manufacturers have specialized teams that can grasp client quality standards and are a valuable resource for OEMs. This factor is likely to accelerate the growth of the inspection machines' market share.
Developing markets have witnessed a prevalence of unorganized healthcare systems. This is because the lack of adequate infrastructure and poverty limit the expansion of the industry. Additionally, there has been an increase in the demand for refurbished machines, although these machines are expensive. These factors are expected to hinder the global market growth.
On the contrary, businesses in developed economies such as the USA and Europe are expected to leverage the lower labor costs and less-stringent government regulations in countries such as China, South Korea, Taiwan, and India by increasingly outsourcing their manufacturing and packaging operations to these countries. This factor is likely to create lucrative opportunities for the inspection machines' market share.
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North America is the leading inspection machine market, with a revenue of 23.5%. This is attributed to the various research that has been conducted on the importance of the inspection of devices during manufacturing.
Good manufacturing practices must be inherently built into manufacturing processes, as they cannot be tested on individual batches of products. Hence, the inspection machines market growth is expected to surge owing to such research to emphasize the importance of GMP.
Key market players such as Cognex Corporation are introducing systems such as the In-Sight 3D-L4000 embedded vision system. It allows engineers to quickly, accurately, and cost-effectively solve a range of inspections on automated production lines through the implementation of 3D laser displacement technology.
Start-up companies are using advanced technology, such as AI-based solutions implemented in product inspection machines for various industries. This is expected to expand the inspection machines market size.
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The inspection machines market share is expected to increase as manufacturers are looking to expand their production and presence in the market, through various collaborations and product launches. Furthermore, the industry is becoming highly competitive amongst market players in terms of product variation and pricing.
Some of the recent developments in the inspection machines market are:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.1% from 2022 to 2032 |
| The base year for estimation | 2021 |
| Historical data | 2017 to 2021 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD million and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Packaging Type, Machines, End User, and Region. |
| Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia; and New Zealand |
| Country scope | The USA, Canada, Mexico, Germany, The United Kingdom; France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
| Key companies profiled | Brevetti C.E.A. Spa; Bosch Packaging Technology; Iris Inspection Machines; CMP PHAR.MA S.R.L.; A.H. Industries; Tofflon Science and Technology Co. Ltd.; Proditec Automatic Inspection Machines; ANTARES VISION S.r.l.; Brevetti C.E.A. SPA; Mettler-Toledo International Inc.; Cognex Corporation; Körber Medipak Systems AG. |
| Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
Demand for inspection machines is likely to accelerate at a CAGR of 5.1%, through 2032.
Increasing investments on bio-tech and pharma research and development (R&D) activities.
The adoption potential of inspection machines is likely to reach a valuation of US$ 643.1 million in 2022.
1. Executive Summary | Inspection Machines Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ million) & Volume (Unit) Analysis, 2017 to 2021
4.2. Current and Future Market Size Value (US$ million) & Volume (Unit) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Packaging Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Packaging Type, 2017 to 2021
5.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Packaging Type, 2022 to 2032
5.3.1. Blisters
5.3.2. Ampoules
5.3.3. Syringes
5.3.4. Vials
5.3.5. Others
5.4. Y-o-Y Growth Trend Analysis By Packaging Type, 2017 to 2021
5.5. Absolute $ Opportunity Analysis By Packaging Type, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-Use
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By End-Use, 2017 to 2021
6.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By End-Use, 2022 to 2032
6.3.1. Pharmaceuticals
6.3.2. Medical Devices
6.3.3. Others
6.4. Y-o-Y Growth Trend Analysis By End-Use, 2017 to 2021
6.5. Absolute $ Opportunity Analysis By End-Use, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Machines
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Machines, 2017 to 2021
7.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Machines, 2022 to 2032
7.3.1. Color Sorters
7.3.2. Checkweighers
7.3.3. Metal Detectors
7.4. Y-o-Y Growth Trend Analysis By Machines, 2017 to 2021
7.5. Absolute $ Opportunity Analysis By Machines, 2022 to 2032
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Region, 2017 to 2021
8.3. Current Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Region, 2022 to 2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021
9.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. The USA
9.2.1.2. Canada
9.2.2. By Packaging Type
9.2.3. By End-Use
9.2.4. By Machines
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Packaging Type
9.3.3. By End-Use
9.3.4. By Machines
9.4. Key Takeaways
10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021
10.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Packaging Type
10.2.3. By End-Use
10.2.4. By Machines
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Packaging Type
10.3.3. By End-Use
10.3.4. By Machines
10.4. Key Takeaways
11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021
11.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. The United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Packaging Type
11.2.3. By End-Use
11.2.4. By Machines
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Packaging Type
11.3.3. By End-Use
11.3.4. By Machines
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021
12.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Malaysia
12.2.1.5. Singapore
12.2.1.6. Australia
12.2.1.7. New Zealand
12.2.1.8. Rest of APAC
12.2.2. By Packaging Type
12.2.3. By End-Use
12.2.4. By Machines
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Packaging Type
12.3.3. By End-Use
12.3.4. By Machines
12.4. Key Takeaways
13. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021
13.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By Packaging Type
13.2.3. By End-Use
13.2.4. By Machines
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Packaging Type
13.3.3. By End-Use
13.3.4. By Machines
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. The USA
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By Packaging Type
14.1.2.2. By End-Use
14.1.2.3. By Machines
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By Packaging Type
14.2.2.2. By End-Use
14.2.2.3. By Machines
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By Packaging Type
14.3.2.2. By End-Use
14.3.2.3. By Machines
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By Packaging Type
14.4.2.2. By End-Use
14.4.2.3. By Machines
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By Packaging Type
14.5.2.2. By End-Use
14.5.2.3. By Machines
14.6. The United Kingdom
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By Packaging Type
14.6.2.2. By End-Use
14.6.2.3. By Machines
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By Packaging Type
14.7.2.2. By End-Use
14.7.2.3. By Machines
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By Packaging Type
14.8.2.2. By End-Use
14.8.2.3. By Machines
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By Packaging Type
14.9.2.2. By End-Use
14.9.2.3. By Machines
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By Packaging Type
14.10.2.2. By End-Use
14.10.2.3. By Machines
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By Packaging Type
14.11.2.2. By End-Use
14.11.2.3. By Machines
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By Packaging Type
14.12.2.2. By End-Use
14.12.2.3. By Machines
14.13. Malaysia
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By Packaging Type
14.13.2.2. By End-Use
14.13.2.3. By Machines
14.14. Singapore
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By Packaging Type
14.14.2.2. By End-Use
14.14.2.3. By Machines
14.15. Australia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By Packaging Type
14.15.2.2. By End-Use
14.15.2.3. By Machines
14.16. New Zealand
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By Packaging Type
14.16.2.2. By End-Use
14.16.2.3. By Machines
14.17. GCC Countries
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By Packaging Type
14.17.2.2. By End-Use
14.17.2.3. By Machines
14.18. South Africa
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2021
14.18.2.1. By Packaging Type
14.18.2.2. By End-Use
14.18.2.3. By Machines
14.19. Israel
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2021
14.19.2.1. By Packaging Type
14.19.2.2. By End-Use
14.19.2.3. By Machines
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Packaging Type
15.3.3. By End-Use
15.3.4. By Machines
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Brevetti C.E.A. Spa
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. Bosch Packaging Technology
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Iris Inspection Machines
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. CMP PHAR.MA S.R.L.
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. A.H. Industries
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Tofflon Science and Technology Co.Ltd
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Proditec Automatic Inspection Machines
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. ANTARES VISION S.r.l.
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Brevetti C.E.A. SPA
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Mettler-Toledo International Inc
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
16.1.11. Cognex Corporation
16.1.11.1. Overview
16.1.11.2. Product Portfolio
16.1.11.3. Profitability by Market Segments
16.1.11.4. Sales Footprint
16.1.11.5. Strategy Overview
16.1.11.5.1. Marketing Strategy
16.1.11.5.2. Product Strategy
16.1.11.5.3. Channel Strategy
16.1.12. Korber Medipak Systems AG
16.1.12.1. Overview
16.1.12.2. Product Portfolio
16.1.12.3. Profitability by Market Segments
16.1.12.4. Sales Footprint
16.1.12.5. Strategy Overview
16.1.12.5.1. Marketing Strategy
16.1.12.5.2. Product Strategy
16.1.12.5.3. Channel Strategy
16.1.13. Korber AG
16.1.13.1. Overview
16.1.13.2. Product Portfolio
16.1.13.3. Profitability by Market Segments
16.1.13.4. Sales Footprint
16.1.13.5. Strategy Overview
16.1.13.5.1. Marketing Strategy
16.1.13.5.2. Product Strategy
16.1.13.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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