India Surface Vision And Inspection Market Size & Outlook
India surface vision and inspection market, 2015-2030 (US$M)
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India surface vision and inspection market highlights
- The India surface vision and inspection market generated a revenue of USD 238.2 million in 2022 and is expected to reach USD 456.6 million by 2030.
- The India market is expected to grow at a CAGR of 8.5% from 2023 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2022.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
Surface vision and inspection market data book summary
| Market revenue in 2022 | USD 238.2 million |
| Market revenue in 2030 | USD 456.6 million |
| Growth rate | 8.5% (CAGR from 2022 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data | 2015 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Cognex Corp, Edmund Optics, Industrial Vision Systems, Microscan Systems, Matrox Imaging, OMRON Corp, Baumer, Adept Technology Group, 6sense, Voltronic Power Technology |
Other key industry trends
- In terms of revenue, India accounted for 9.4% of the global surface vision and inspection market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India surface vision and inspection market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 339.5 million by 2030.
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Surface Vision And Inspection Market Scope
Surface Vision And Inspection Market Companies
| Name | Profile | # Employees | HQ | Website |
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India surface vision and inspection market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to surface vision and inspection market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 77.58% in 2022. Horizon Databook has segmented the India surface vision and inspection market based on hardware, software covering the revenue growth of each sub-segment from 2015 to 2030.
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Target buyers of India surface vision and inspection market databook
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Our clientele includes a mix of surface vision and inspection market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India surface vision and inspection market , including forecasts for subscribers. This country databook contains high-level insights into India surface vision and inspection market from 2015 to 2030, including revenue numbers, major trends, and company profiles.
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India surface vision and inspection market size, by component, 2015-2030 (US$M)
India Surface Vision And Inspection Market Outlook Share, 2022 & 2030 (US$M)
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