The Europe Defect Detection Market is expected to witness market growth of 6.2% CAGR during the forecast period (2021-2027).
Factors such as increased focus of manufacturers on automating quality control and quality assurance processes, strict health and safety measures made by governments, massive demand for application-specific integrated circuits (ASICs) are likely to open new growth avenues for the players operating in the overall defect detection market during the forecasting period.
In 2016, Poland formed a ministry of digital affairs to support the development of broadband infrastructure, make web content, and encourage digitization among citizens. Furthermore, there are several supportive initiatives in the rest of Europe for innovation policies & programs regarding digitization to improve research and testing opportunities. These factors is expected to boost the growth and demand for defect detection in the market during the forecasting period.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The Germany market dominated the Europe Defect Detection Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $379.9 million by 2027. The UK market is estimated to grow a CAGR of 5.4% during (2021 - 2027). Additionally, The France market is expected to exhibit a CAGR of 6.9% during (2021 - 2027).
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
- Manufacturing
- Packaging
By Vertical
- Electronics & Semiconductors
- Automotive
- Metals & Machinery
- Food & Packaging
- Pharmaceuticals
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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)
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
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Table of Contents
Companies Mentioned
- 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)
Methodology
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