The North America Defect Detection Market would witness market growth of 6.3% CAGR during the forecast period (2021-2027).
Autonomous manufacturing defect detection systems provide enhanced efficiency and accuracy, consistently adjusting to identify latest kinds of defects across industries and verticals. From nanometric semiconductors to big engine parts of a commercial airplane, production yield and customer satisfaction majorly rely on AI-based quality control.
The Canadian government has taken numerous initiatives like different trade agreements with other nations, decreasing the taxes for new investments, various skill training programs, and investments in the latest technologies. All these initiatives have supported the manufacturing industry of the nation, thereby supporting the regional market. Hence, these factors would collectively create lucrative growth opportunities for the players operating in the regional defect detection market during the forecasting period.
The US market dominated the North America Defect Detection Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,004.2 million by 2027. The Canada market is experiencing a CAGR of 8.8% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 7.8% during (2021 - 2027).
Based on Component, the market is segmented into Hardware, Software and Services. Based on Application, the market is segmented into Manufacturing and Packaging. Based on Vertical, the market is segmented into Electronics & Semiconductors, Automotive, Metals & Machinery, Food & Packaging and Pharmaceuticals. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Defect Detection Market is Estimated to reach $5.1 billion by 2027, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Amazon.com, Inc., Omron Corporation, Cognex Corporation, Datalogic S.p.A. (Hydra S.p.A.), Nikon Corporation, Keyence Corporation, Teledyne Technologies, Inc., and ISRA Vision AG (Atlas Copco).
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- Software
- Services
By Application
By Vertical
- Electronics & Semiconductors
- Automotive
- Metals & Machinery
- Food & Packaging
- Pharmaceuticals
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- IBM Corporation
- Amazon.com, Inc.
- Omron Corporation
- Cognex Corporation
- Datalogic S.p.A. (Hydra S.p.A.)
- Nikon Corporation
- Keyence Corporation
- Teledyne Technologies, Inc.
- ISRA Vision AG (Atlas Copco)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Defect Detection Market, by Component
1.4.2 North America Defect Detection Market, by Application
1.4.3 North America Defect Detection Market, by Vertical
1.4.4 North America Defect Detection Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Oct – 2021, Oct) Leading Players
Chapter 4. North America Defect Detection Market by Component
4.1 North America Defect Detection Hardware Market by Country
4.2 North America Defect Detection Software Market by Country
4.3 North America Defect Detection Services Market by Country
Chapter 5. North America Defect Detection Market by Vertical
5.1 North America Defect Detection Electronics & Semiconductors Market by Country
5.2 North America Defect Detection Automotive Market by Country
5.3 North America Defect Detection Metals & Machinery Market by Country
5.4 North America Defect Detection Food & Packaging Market by Country
5.5 North America Defect Detection Pharmaceuticals Market by Country
Chapter 6. North America Defect Detection Market by Application
6.1 North America Manufacturing Defect Detection Market by Country
6.2 North America Packaging Defect Detection Market by Country
Chapter 7. North America Defect Detection Market by Country
7.1 US Defect Detection Market
7.1.1 US Defect Detection Market by Component
7.1.2 US Defect Detection Market by Vertical
7.1.3 US Defect Detection Market by Application
7.2 Canada Defect Detection Market
7.2.1 Canada Defect Detection Market by Component
7.2.2 Canada Defect Detection Market by Vertical
7.2.3 Canada Defect Detection Market by Application
7.3 Mexico Defect Detection Market
7.3.1 Mexico Defect Detection Market by Component
7.3.2 Mexico Defect Detection Market by Vertical
7.3.3 Mexico Defect Detection Market by Application
7.4 Rest of North America Defect Detection Market
7.4.1 Rest of North America Defect Detection Market by Component
7.4.2 Rest of North America Defect Detection Market by Vertical
7.4.3 Rest of North America Defect Detection Market by Application
Chapter 8. Company Profiles
8.1 Microsoft Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.1 Recent strategies and developments:
8.1.1.1 Acquisition and Mergers:
8.1.2 SWOT Analysis
8.2 IBM Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Amazon.com, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Recent strategies and developments:
8.3.4.1 Partnerships, Collaborations, and Agreements:
8.3.4.2 Product Launches and Product Expansions:
8.3.5 SWOT Analysis
8.4 Omron Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.6 SWOT Analysis
8.5 Cognex Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.5.5.2 Product Launches and Product Expansions:
8.6 Datalogic S.p.A. (Hydra S.p.A.)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 Nikon Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.8 Keyence Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Teledyne Technologies, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.9.5.2 Product Launches and Product Expansions:
8.10. ISRA Vision AG (Atlas Copco)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
8.10.5.1 Acquisition and Mergers:
8.10.5.2 Product Launches and Product Expansions:
TABLE 1 North America Defect Detection Market, 2017 - 2020, USD Million
TABLE 2 North America Defect Detection Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Defect Detection Market
TABLE 4 Product Launches And Product Expansions– Defect Detection Market
TABLE 5 Acquisition and Mergers– Defect Detection Market
TABLE 6 North America Defect Detection Market by Component, 2017 - 2020, USD Million
TABLE 7 North America Defect Detection Market by Component, 2021 - 2027, USD Million
TABLE 8 North America Defect Detection Hardware Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Defect Detection Hardware Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Defect Detection Software Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Defect Detection Software Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Defect Detection Services Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Defect Detection Services Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Defect Detection Market by Vertical, 2017 - 2020, USD Million
TABLE 15 North America Defect Detection Market by Vertical, 2021 - 2027, USD Million
TABLE 16 North America Defect Detection Electronics & Semiconductors Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Defect Detection Electronics & Semiconductors Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Defect Detection Automotive Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Defect Detection Automotive Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Defect Detection Metals & Machinery Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Defect Detection Metals & Machinery Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Defect Detection Food & Packaging Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Defect Detection Food & Packaging Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Defect Detection Pharmaceuticals Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Defect Detection Pharmaceuticals Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Defect Detection Market by Application, 2017 - 2020, USD Million
TABLE 27 North America Defect Detection Market by Application, 2021 - 2027, USD Million
TABLE 28 North America Manufacturing Defect Detection Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Manufacturing Defect Detection Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Packaging Defect Detection Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Packaging Defect Detection Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Defect Detection Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Defect Detection Market by Country, 2021 - 2027, USD Million
TABLE 34 US Defect Detection Market, 2017 - 2020, USD Million
TABLE 35 US Defect Detection Market, 2021 - 2027, USD Million
TABLE 36 US Defect Detection Market by Component, 2017 - 2020, USD Million
TABLE 37 US Defect Detection Market by Component, 2021 - 2027, USD Million
TABLE 38 US Defect Detection Market by Vertical, 2017 - 2020, USD Million
TABLE 39 US Defect Detection Market by Vertical, 2021 - 2027, USD Million
TABLE 40 US Defect Detection Market by Application, 2017 - 2020, USD Million
TABLE 41 US Defect Detection Market by Application, 2021 - 2027, USD Million
TABLE 42 Canada Defect Detection Market, 2017 - 2020, USD Million
TABLE 43 Canada Defect Detection Market, 2021 - 2027, USD Million
TABLE 44 Canada Defect Detection Market by Component, 2017 - 2020, USD Million
TABLE 45 Canada Defect Detection Market by Component, 2021 - 2027, USD Million
TABLE 46 Canada Defect Detection Market by Vertical, 2017 - 2020, USD Million
TABLE 47 Canada Defect Detection Market by Vertical, 2021 - 2027, USD Million
TABLE 48 Canada Defect Detection Market by Application, 2017 - 2020, USD Million
TABLE 49 Canada Defect Detection Market by Application, 2021 - 2027, USD Million
TABLE 50 Mexico Defect Detection Market, 2017 - 2020, USD Million
TABLE 51 Mexico Defect Detection Market, 2021 - 2027, USD Million
TABLE 52 Mexico Defect Detection Market by Component, 2017 - 2020, USD Million
TABLE 53 Mexico Defect Detection Market by Component, 2021 - 2027, USD Million
TABLE 54 Mexico Defect Detection Market by Vertical, 2017 - 2020, USD Million
TABLE 55 Mexico Defect Detection Market by Vertical, 2021 - 2027, USD Million
TABLE 56 Mexico Defect Detection Market by Application, 2017 - 2020, USD Million
TABLE 57 Mexico Defect Detection Market by Application, 2021 - 2027, USD Million
TABLE 58 Rest of North America Defect Detection Market, 2017 - 2020, USD Million
TABLE 59 Rest of North America Defect Detection Market, 2021 - 2027, USD Million
TABLE 60 Rest of North America Defect Detection Market by Component, 2017 - 2020, USD Million
TABLE 61 Rest of North America Defect Detection Market by Component, 2021 - 2027, USD Million
TABLE 62 Rest of North America Defect Detection Market by Vertical, 2017 - 2020, USD Million
TABLE 63 Rest of North America Defect Detection Market by Vertical, 2021 - 2027, USD Million
TABLE 64 Rest of North America Defect Detection Market by Application, 2017 - 2020, USD Million
TABLE 65 Rest of North America Defect Detection Market by Application, 2021 - 2027, USD Million
TABLE 66 key information – Microsoft Corporation
TABLE 67 Key information – IBM Corporation
TABLE 68 Key Information – Amazon.com, Inc.
TABLE 69 Key Information – Omron Corporation
TABLE 70 Key information – Cognex Corporation
TABLE 71 Key Information – Datalogic S.p.A.
TABLE 72 Key Information – Nikon Corporation
TABLE 73 key information – Keyence Corporation
TABLE 74 Key Information – Teledyne Technologies, Inc.
TABLE 75 Key Information – ISRA Vision AG
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 : 2018, Oct – 2021, Oct) Leading Players
FIG 5 SWOT Analysis: Microsoft Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 Recent strategies and developments: Amazon.com, Inc.
FIG 8 SWOT analysis: Amazon.com, Inc.
FIG 9 Recent strategies and developments: Omron Corporation
FIG 10 SWOT Analysis: Omron Corporation
FIG 11 Recent strategies and developments: Cognex Corporation
FIG 12 Recent strategies and developments: Nikon Corporation
FIG 13 SWOT Analysis: Keyence Corporation
FIG 14 Recent strategies and developments: Teledyne Technologies, Inc.
FIG 15 Recent strategies and developments: ISRA Vision AG (Atlas Copco)