Video Inspection Equipment Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The video inspection equipment market size has grown strongly in recent years. It will grow from $1.46 billion in 2024 to $1.55 billion in 2025 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to regulatory compliance, aging infrastructure, cost reduction, increased awareness.

The video inspection equipment market size is expected to see steady growth in the next few years. It will grow to $1.86 billion in 2029 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to integration with AI and IoT, expansion of end-use industries, demand for non-destructive testing (NDT) solutions, emerging markets, focus on remote operations. Major trends in the forecast period include miniaturization and portability, enhanced data analytics capabilities, shift towards cloud-based solutions, rise of augmented reality (AR) integration, sustainability and environmental monitoring.

The growth in construction projects is anticipated to drive the expansion of the video inspection equipment market in the future. Construction projects encompass the planning, creation, renovation, and maintenance of physical structures and infrastructure. This increase in construction activities is attributed to rising urbanization, demands for infrastructure development, and economic growth. Video inspection equipment is essential in construction projects as it enables precise examination of structures, ensuring quality control and the identification of potential issues. For example, in November 2023, the Office for National Statistics, a UK-based government department, reported an increase of £18.16 billion ($19.96 million) in new construction activities in 2022, with private sector projects growing by 16.8% and public sector projects increasing by 13.1%. Thus, the rise in construction projects is fueling the growth of the video inspection equipment market.

Leading companies in the video inspection equipment market are actively pursuing innovation, particularly in the development of products such as drop camera systems, to gain a competitive advantage. A drop camera system is an underwater imaging device that typically consists of a camera attached to a cable or rope. It is designed to be lowered into bodies of water for capturing visual data of aquatic environments, marine life, or submerged structures. In February 2023, Ashtead Technology Inc., a UK-based subsea technology company, launched a standard drop camera system specifically tailored for high-resolution seabed visual inspection, capable of operating in water depths of up to 4000 meters. This advanced system offers a depth rating of 1000 meters as standard, extendable to 4000 meters using sonar coaxial cable technology. It provides uninterrupted real-time HD 720P video streaming during surveys, capturing 16.6-megapixel digital stills and impressive 4K video footage for post-survey analysis. The topside system, featuring a digital video recorder, ensures smooth high-definition video recording in real time, complemented by Ashtead Technology's exclusive drop camera system control software. This innovative software allows users to fine-tune camera position, orientation, and light intensity within the frame, ensuring optimal imagery quality. With a capability to deliver 4 x 9000 lumens of light intensity, the topside software further enhances the visual inspection process.

In February 2024, Siemens AG, a technology company based in Germany, acquired Inspekto for an undisclosed amount. This acquisition enhances Siemens' industrial AI portfolio by incorporating Inspekto's advanced AI-powered machine vision technology for automated quality inspection. Inspekto, also based in Germany, specializes in automated visual inspection systems driven by AI.

Major companies operating in the video inspection equipment market are Olympus Corporation, Fluke Corporation, Teledyne Technologies Incorporated, CUES Inc., DEWALT, TechCorr, Aries Industries Inc., Silverline Tools, Vivax-Metrotech Corp., General Tools & Instruments, Subsite Electronics, IBAK Helmut Hunger GmbH & Co. KG, Envirosight LLC, Hathorn Corporation, RIDGID Tools, Teamforce Tools, Teslong Technology Limited, MyTana LLC, REED Instruments, REFCO Manufacturing Ltd., Tool Master, ROTEK, Extech Instruments.

North America was the largest region in the video inspection equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the video inspection equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the video inspection equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The video inspection equipment market consists of sales of borescopes, endoscopes, robotic inspection systems, thermal imaging cameras, and closed-circuit television (CCTV) cameras. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Video inspection equipment refers to specialized tools employed for visually examining and inspecting hard-to-reach areas, including pipes, ducts, and machinery. These tools capture real-time video footage, aiding in inspections, maintenance, and planning for repairs. Video inspection equipment serves as a valuable resource for visual analysis, documentation, and inspection in various applications and industries.

The primary types of video inspection equipment include cameras, transporters, and others. Cameras are optical devices designed to capture visual images or videos. They find applications in diverse areas such as drain and sewer inspection, examination of electrical conduits and ducts, pipeline inspections, and more. These tools are utilized across various industries, including oil and gas, manufacturing and construction, food and beverages, chemicals and pharmaceuticals, among others.

The video inspection equipment market research report is one of a series of new reports that provides video inspection equipment market statistics, including video inspection equipment industry global market size, regional shares, competitors with a video inspection equipment market share, detailed video inspection equipment market segments, market trends and opportunities, and any further data you may need to thrive in the video inspection equipment industry. This video inspection equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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