The Latin America, Middle East and Africa Surface Inspection Market would witness market growth of 9.9% CAGR during the forecast period (2021-2027).
The increase in demand for vision and inspection systems across manufacturing industries is projected to boost demand over the coming years. Advancements in industrial activities have contributed to mass production in order to reduce overall operating costs. Nevertheless, this raises the probability of errors and defects, making machine vision (MV) systems necessary for high product quality. Surface vision and inspection systems help eliminate waste, improve production performance and decrease production costs.
In addition, these systems provide immediate quantitative feedback, such as quantity and type of defect. Further, ongoing technical advancements have led to better systems with high accuracy and decreased application development time. Due to stringent legislation to improve food and drug safety and to fight counterfeiting, a number of food and pharmaceutical manufacturers are concentrating on traceability. Inspection systems provide value in being able to prevent illegal trade across unauthorized networks, avoid counterfeiting and increase visibility.
In LAMEA, the surface inspection market would witness a gradual growth in the coming years. The surface inspection systems offer real-time quantitative feedback like type & quantity of defect. In addition, rapid enhancements in technology are resulting in providing advanced systems that offer reduced time for application development and high accuracy. Additionally, various pharmaceutical and food manufacturers are increasingly focusing on traceability, owing to strict laws to enhance food & drug safety and to reduce counterfeiting activities in this region.
Moreover, inspection systems are capable of reducing counterfeiting, increasing visibility, and preventing illegal trade across unauthorized networks across this region. These factors would create new growth avenues for the surface inspection market. However, the dearth of resources and a decreased acceptance rate of surface inspection systems by small and medium-sized enterprises are hampering the growth of the regional surface inspection market.
The Brazil market dominated the LAMEA Processors Surface Inspection Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $18.9 million by 2027. The Argentina market would witness a CAGR of 11.7% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 10.7% during (2021 - 2027).
Based on Surface Type, the market is segmented into 2D and3D. Based on Deployment Type, the market is segmented into Computer based and Camera based. Based on Component, the market is segmented into Cameras, Lighting Equipment, Processors, Software, Frame Grabbers & Optics, and Others. Based on End User, the market is segmented into Semiconductor & Electronics, Food & Beverages, Healthcare, Automotive, Paper & Wood, Glass & Metal, Plastic & Rubber, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Surface Inspection Market is Predict to reach USD 5.6 Billion by 2027, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation., Panasonic Corporation, Keyence Corporation, Cognex Corporation, Teledyne Technologies, Inc., Basler AG, ISRA Vision AG (Atlas Copco), Ametek, Inc., VITRONIC Machine Vision, and Matrox Electronic Systems Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Surface Type
By Deployment Type
- Computer based
- Camera based
By Component
- Cameras
- Lighting Equipment
- Processors
- Software
- Frame Grabbers & Optics
- Others
By End User
- Semiconductor & Electronics
- Food & Beverages
- Healthcare
- Automotive
- Paper & Wood
- Glass & Metal
- Plastic & Rubber
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Omron Corporation
- Panasonic Corporation
- Keyence Corporation
- Cognex Corporation
- Teledyne Technologies, Inc.
- Basler AG
- ISRA Vision AG (Atlas Copco)
- Ametek, Inc.
- VITRONIC Machine Vision
- Matrox Electronic Systems Ltd.
TABLE 1 LAMEA Surface Inspection Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Surface Inspection Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Surface Inspection Market
TABLE 4 Product Launches And Product Expansions– Surface Inspection Market
TABLE 5 Acquisition and Mergers– Surface Inspection Market
TABLE 6 Geographical Expansions– Surface Inspection Market
TABLE 7 LAMEA Surface Inspection Market by End User, 2017 - 2020, USD Million
TABLE 8 LAMEA Surface Inspection Market by End User, 2021 - 2027, USD Million
TABLE 9 LAMEA Semiconductor & Electronics Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Semiconductor & Electronics Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Food & Beverages Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Food & Beverages Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Healthcare Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Healthcare Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Automotive Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Automotive Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Paper & Wood Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Paper & Wood Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Glass & Metal Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Glass & Metal Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Plastic & Rubber Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Plastic & Rubber Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Other End User Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Other End User Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Surface Inspection Market by Surface Type, 2017 - 2020, USD Million
TABLE 26 LAMEA Surface Inspection Market by Surface Type, 2021 - 2027, USD Million
TABLE 27 LAMEA Surface Inspection 2D Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Surface Inspection 2D Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Surface Inspection 3D Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Surface Inspection 3D Market by Country, 2021 - 2027, USD Million
TABLE 31 LAMEA Surface Inspection Market by Deployment Type, 2017 - 2020, USD Million
TABLE 32 LAMEA Surface Inspection Market by Deployment Type, 2021 - 2027, USD Million
TABLE 33 LAMEA Computer based Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 34 LAMEA Computer based Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 35 LAMEA Camera based Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 36 LAMEA Camera based Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 37 LAMEA Surface Inspection Market by Component, 2017 - 2020, USD Million
TABLE 38 LAMEA Surface Inspection Market by Component, 2021 - 2027, USD Million
TABLE 39 LAMEA Cameras Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 40 LAMEA Cameras Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 41 LAMEA Lighting Equipment Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 42 LAMEA Lighting Equipment Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 43 LAMEA Processors Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 44 LAMEA Processors Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 45 LAMEA Software Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 46 LAMEA Software Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 47 LAMEA Frame Grabbers & Optics Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 48 LAMEA Frame Grabbers & Optics Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 49 LAMEA Others Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 50 LAMEA Others Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 51 LAMEA Surface Inspection Market by Country, 2017 - 2020, USD Million
TABLE 52 LAMEA Surface Inspection Market by Country, 2021 - 2027, USD Million
TABLE 53 Brazil Surface Inspection Market, 2017 - 2020, USD Million
TABLE 54 Brazil Surface Inspection Market, 2021 - 2027, USD Million
TABLE 55 Brazil Surface Inspection Market by End User, 2017 - 2020, USD Million
TABLE 56 Brazil Surface Inspection Market by End User, 2021 - 2027, USD Million
TABLE 57 Brazil Surface Inspection Market by Surface Type, 2017 - 2020, USD Million
TABLE 58 Brazil Surface Inspection Market by Surface Type, 2021 - 2027, USD Million
TABLE 59 Brazil Surface Inspection Market by Deployment Type, 2017 - 2020, USD Million
TABLE 60 Brazil Surface Inspection Market by Deployment Type, 2021 - 2027, USD Million
TABLE 61 Brazil Surface Inspection Market by Component, 2017 - 2020, USD Million
TABLE 62 Brazil Surface Inspection Market by Component, 2021 - 2027, USD Million
TABLE 63 Argentina Surface Inspection Market, 2017 - 2020, USD Million
TABLE 64 Argentina Surface Inspection Market, 2021 - 2027, USD Million
TABLE 65 Argentina Surface Inspection Market by End User, 2017 - 2020, USD Million
TABLE 66 Argentina Surface Inspection Market by End User, 2021 - 2027, USD Million
TABLE 67 Argentina Surface Inspection Market by Surface Type, 2017 - 2020, USD Million
TABLE 68 Argentina Surface Inspection Market by Surface Type, 2021 - 2027, USD Million
TABLE 69 Argentina Surface Inspection Market by Deployment Type, 2017 - 2020, USD Million
TABLE 70 Argentina Surface Inspection Market by Deployment Type, 2021 - 2027, USD Million
TABLE 71 Argentina Surface Inspection Market by Component, 2017 - 2020, USD Million
TABLE 72 Argentina Surface Inspection Market by Component, 2021 - 2027, USD Million
TABLE 73 UAE Surface Inspection Market, 2017 - 2020, USD Million
TABLE 74 UAE Surface Inspection Market, 2021 - 2027, USD Million
TABLE 75 UAE Surface Inspection Market by End User, 2017 - 2020, USD Million
TABLE 76 UAE Surface Inspection Market by End User, 2021 - 2027, USD Million
TABLE 77 UAE Surface Inspection Market by Surface Type, 2017 - 2020, USD Million
TABLE 78 UAE Surface Inspection Market by Surface Type, 2021 - 2027, USD Million
TABLE 79 UAE Surface Inspection Market by Deployment Type, 2017 - 2020, USD Million
TABLE 80 UAE Surface Inspection Market by Deployment Type, 2021 - 2027, USD Million
TABLE 81 UAE Surface Inspection Market by Component, 2017 - 2020, USD Million
TABLE 82 UAE Surface Inspection Market by Component, 2021 - 2027, USD Million
TABLE 83 Saudi Arabia Surface Inspection Market, 2017 - 2020, USD Million
TABLE 84 Saudi Arabia Surface Inspection Market, 2021 - 2027, USD Million
TABLE 85 Saudi Arabia Surface Inspection Market by End User, 2017 - 2020, USD Million
TABLE 86 Saudi Arabia Surface Inspection Market by End User, 2021 - 2027, USD Million
TABLE 87 Saudi Arabia Surface Inspection Market by Surface Type, 2017 - 2020, USD Million
TABLE 88 Saudi Arabia Surface Inspection Market by Surface Type, 2021 - 2027, USD Million
TABLE 89 Saudi Arabia Surface Inspection Market by Deployment Type, 2017 - 2020, USD Million
TABLE 90 Saudi Arabia Surface Inspection Market by Deployment Type, 2021 - 2027, USD Million
TABLE 91 Saudi Arabia Surface Inspection Market by Component, 2017 - 2020, USD Million
TABLE 92 Saudi Arabia Surface Inspection Market by Component, 2021 - 2027, USD Million
TABLE 93 South Africa Surface Inspection Market, 2017 - 2020, USD Million
TABLE 94 South Africa Surface Inspection Market, 2021 - 2027, USD Million
TABLE 95 South Africa Surface Inspection Market by End User, 2017 - 2020, USD Million
TABLE 96 South Africa Surface Inspection Market by End User, 2021 - 2027, USD Million
TABLE 97 South Africa Surface Inspection Market by Surface Type, 2017 - 2020, USD Million
TABLE 98 South Africa Surface Inspection Market by Surface Type, 2021 - 2027, USD Million
TABLE 99 South Africa Surface Inspection Market by Deployment Type, 2017 - 2020, USD Million
TABLE 100 South Africa Surface Inspection Market by Deployment Type, 2021 - 2027, USD Million
TABLE 101 South Africa Surface Inspection Market by Component, 2017 - 2020, USD Million
TABLE 102 South Africa Surface Inspection Market by Component, 2021 - 2027, USD Million
TABLE 103 Nigeria Surface Inspection Market, 2017 - 2020, USD Million
TABLE 104 Nigeria Surface Inspection Market, 2021 - 2027, USD Million
TABLE 105 Nigeria Surface Inspection Market by End User, 2017 - 2020, USD Million
TABLE 106 Nigeria Surface Inspection Market by End User, 2021 - 2027, USD Million
TABLE 107 Nigeria Surface Inspection Market by Surface Type, 2017 - 2020, USD Million
TABLE 108 Nigeria Surface Inspection Market by Surface Type, 2021 - 2027, USD Million
TABLE 109 Nigeria Surface Inspection Market by Deployment Type, 2017 - 2020, USD Million
TABLE 110 Nigeria Surface Inspection Market by Deployment Type, 2021 - 2027, USD Million
TABLE 111 Nigeria Surface Inspection Market by Component, 2017 - 2020, USD Million
TABLE 112 Nigeria Surface Inspection Market by Component, 2021 - 2027, USD Million
TABLE 113 Rest of LAMEA Surface Inspection Market, 2017 - 2020, USD Million
TABLE 114 Rest of LAMEA Surface Inspection Market, 2021 - 2027, USD Million
TABLE 115 Rest of LAMEA Surface Inspection Market by End User, 2017 - 2020, USD Million
TABLE 116 Rest of LAMEA Surface Inspection Market by End User, 2021 - 2027, USD Million
TABLE 117 Rest of LAMEA Surface Inspection Market by Surface Type, 2017 - 2020, USD Million
TABLE 118 Rest of LAMEA Surface Inspection Market by Surface Type, 2021 - 2027, USD Million
TABLE 119 Rest of LAMEA Surface Inspection Market by Deployment Type, 2017 - 2020, USD Million
TABLE 120 Rest of LAMEA Surface Inspection Market by Deployment Type, 2021 - 2027, USD Million
TABLE 121 Rest of LAMEA Surface Inspection Market by Component, 2017 - 2020, USD Million
TABLE 122 Rest of LAMEA Surface Inspection Market by Component, 2021 - 2027, USD Million
TABLE 123 Key Information – Omron Corporation
TABLE 124 Key Information – Panasonic Corporation
TABLE 125 key information – Keyence Corporation
TABLE 126 Key information – Cognex Corporation
TABLE 127 Key Information – Teledyne Technologies, Inc.
TABLE 128 Key Information – Basler AG
TABLE 129 Key Information – ISRA Vision AG
TABLE 130 Key Information – Ametek, Inc.
TABLE 131 Key Information – VITRONIC Machine Vision
TABLE 132 Key Information – Matrox Electronic Systems Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Apr – 2021, Aug) Leading Players
FIG 5 Recent strategies and developments: Omron Corporation
FIG 6 SWOT Analysis: Omron Corporation
FIG 7 SWOT Analysis: Panasonic Corporation
FIG 8 SWOT Analysis: Keyence Corporation
FIG 9 Recent strategies and developments: Cognex Corporation
FIG 10 Recent strategies and developments: Teledyne Technologies, Inc.
FIG 11 Recent strategies and developments: Basler AG
FIG 12 Recent strategies and developments: ISRA Vision AG (Atlas Copco)