Digital Inspection market is estimated to grow at 9% CAGR during the forecast period 2018-2023 :

Pune, India, June 07, 2018, MRFR Press Release/- Market Research Future published a half cooked research report on Digital Inspection market.

Market Highlights

Digital Inspections are carried out using digital inspection devices to store and record test results in a laptop, tablet or smartphone. With the implementation of digital inspection solutions, organizations are able to address the challenges posed by traditional paper-based inspection systems. Many organizations are adopting digital inspection solutions due to its innumerable benefits such as quicker inspection turnaround time, faster report generation, reducing costs, and enhanced operational efficiency. 

Key players

The prominent players in the market of User Activity Monitoring are – General Electric (U.S.), MISTRAS Group (U.S.), Olympus (Japan), Hexagon (Sweden), Cognex (US), Nikon (Japan), Zetec (US), FARO Technologies (U.S.), Basler (Germany), OMRON (Japan), Carl Zeiss (Germany), Mitutoyo (Japan), GOM (Germany), National Instruments (US), Keyence (Japan).

Other players include iPromar (Singapore), FPrimeC Solutions (Canada), Shinning 3D Tech (China), Zebicon(Denmark), and SUALAB (South Korea).

The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio. There has been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.

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Regional Analysis

The global market for digital inspection is estimated to grow at a significant rate during the forecast period from 2018 – 2023. The geographical analysis of digital inspection market is covered for the regions such as North America, Europe, Asia Pacific, and rest of the world. Among these, North America is expected to dominate and grow due to adoption of automation by many small, medium, and large enterprise solutions. Metrology has been implemented by key market players of automotive, manufacturing and aviation industries in countries like the U.S., Canada, and Mexico. The European digital inspection market is estimated to grow and gain momentum in countries like Germany, UK, France, Russia, Spain, Italy, and Rest of Europe. The Asia Pacific region is estimated to achieve the highest growth in digital inspection market due to the presence of emerging economies like China, India, Japan, and Singapore, investing in the research and development of digitized inspection solutions to replace the paper-based inspection solutions.