The Future of Inspection Machines: Market Size and Opportunities

 

Meticulous Research®—a leading global market research company, published a research report titled, ‘Inspection Machines Market by Offering (Hardware, Software), Automation Mode (Automatic Inspection, Semi-automatic Inspection, Manual Inspection), End User (Pharmaceutical and Biotech, Food and Beverages), and Geography - Global Forecast to 2030.’

Download Free Sample report here: https://www.meticulousresearch.com/download-sample-report/cp_id=2571?utm_source=pr&utm_medium=social+&utm_campaign=product&utm_content=16-07-2024

The global inspection machines market is projected to reach $ 2 billion by 2030, at a CAGR of 7.5% from 2023 to 2030. The growth of this market is attributed to the increasing government focus on food safety, increasing R&D expenditure in the pharmaceutical & biotech sector, increasing inspection checkpoints throughout production and stringent policies to maintain GMP compliance. However, the growing preference for refurbished inspection machines due to the high cost of machines restrains the growth of this market. The technological advancements in inspection machines and rising outsourcing of manufacturing operations in emerging economies are expected to create significant opportunities for this market. However, constantly changing regulatory standards and complexities in integrating inspection machines pose challenges to market growth.

The global inspection machines market is segmented by offering, automation mode, end user and geography. The study also evaluates industry competitors and analyses the regional and country-level markets.

Key Players:

The key players profiled in the global inspection machines market study include Thermo Fisher Scientific Inc. (U.S.), Teledyne Technologies Incorporated (U.S.), Körber AG (Germany), Robert Bosch GmbH (Germany), Omron Corporation (Japan), OPTEL GROUP (Canada), COGNEX Corporation (U.S.), BREVETTI CEA S.P.A (Italy), ANTARES VISION S.p.A (Italy), ACG (Mumbai), IRIS Inspection Machines (France), Sys-Tech Solutions, Inc. (U.S.), Laetus GmbH (Germany), Sea Vision S.r.l. (Italy) and CMP PHAR.MA S.R.L. (Italy).

Browse full report: https://www.meticulousresearch.com/product/inspection-machines-market-2571

Based on offering, the global inspection machines market is segmented into hardware and software. In 2023, the hardware segment is expected to account for the largest share of the global inspection machines market. The large market share of this segment is mainly attributed to the stringent regulations by authorities concerning the safety and quality of products being manufactured and the need to avoid financial losses due to packaging issues. Furthermore, rising regulatory compliance with good manufacturing practices is contributing to the presence of major governmental and non-governmental authorities to inspect the final products deployed in the market by manufacturers, strengthening the growth of this segment.

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