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The fault detection and classification market is forecasted to grow by USD 2.49 bn during 2023-2028, accelerating at a CAGR of 8.83% during the forecast period. The report on the fault detection and classification market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing complexity in manufacturing process, increasing demand for solutions to enhance efficiency and productivity, and growing installation of highly specialized equipment.
The fault detection and classification market is segmented as below:
By Application
- Manufacturing
- Packaging
By Component
- Hardware
- Software
- Services
By Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the fault detection and classification market covers the following areas:
- Fault detection and classification market sizing
- Fault detection and classification market forecast
- Fault detection and classification market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global fault detection and classification market: ABB Ltd., Amazon.com Inc., Applied Materials Inc., Clockworks Analytics, Cognex Corp., DNV Group AS, einnoSys Technologies Inc., elunic AG, INFICON Holding AG, Keyence Corp., KLA Corp., Microsoft Corp., OMRON Corp., Siemens AG, and Synopsys Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is integration of AI with industrial process.'
According to the report, one of the major drivers for this market is the increasing complexity in manufacturing process.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Amazon.com Inc.
- Applied Materials Inc.
- Clockworks Analytics
- Cognex Corp.
- DNV Group AS
- einnoSys Technologies Inc.
- elunic AG
- INFICON Holding AG
- Keyence Corp.
- KLA Corp.
- Microsoft Corp.
- OMRON Corp.
- Siemens AG
- Synopsys Inc.
