1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends

Optical Systems and Nondestructive Testing Systems for Inspection and Maintenance

  • November 2015
  • 190 pages
  • BCC Research
Report ID: 3438089

Summary

Table of Contents

This BCC Research report is an impact analysis of the optical systems and nondestructive testing systems for inspection and maintenance market. It includes factors currently driving and restraining growth in this market as well as those with an impact on the future of the industry. Forecast provided through 2020.

Use this report to:

Review opportunities within the innovation-driven market for optical systems and nondestructive testing systems for inspection and maintenance.
Analyze metrology solutions within the optical systems and nondestructive testing systems for inspection and maintenance market and the dynamics of each solution.
Identify segments with high growth potential.
Evaluate major stakeholders in the market through a view of the competitive landscape

Highlights

The global markets for optical and nondestructive testing systems for inspection and maintenance totaled $524.8 million in 2014 and is expected to grow from $571.0 million in 2015 to $875.7 million in 2020, a compound annual growth rate (CAGR) of 8.9% from 2015 to 2020.
The automobile segment of the industry had the largest market share, valued at $140.1 million in 2015. The market is expected to reach $213.0 million in 2020, growing at a CAGR of 8.7% from 2015 to 2020.
Construction is the fastest growing industry segment, expected to increase from $15.5 million in 2015 to reach $25.5 million by 2020, a CAGR of 10.5% throughout the forecast period.

STUDY GOALS AND OBJECTIVES

This report is an impact analysis of the optical systems and nondestructive testing systems for inspection and maintenance market. The report includes factors currently driving and restraining growth in this market as well as those with an impact on the future of the industry. The goals and objectives of this report are the following:

To understand opportunities and highlights of the innovation-driven optical systems and nondestructive testing systems for inspection and maintenance market and the major regions and countries of the market.

To analyze metrology solutions of optical systems and nondestructive testing systems for inspection and maintenance and the market dynamics of each solution.

To identify segments with high growth potential and understand future end-use industries within these segments.

To examine key trends and regional factors related to metrology solutions, product types, instruments, industries that shape and influence the overall market for optical systems and nondestructive testing systems for inspection and maintenance.

To examine region-specific developments in the market.

To understand the major stakeholders in the market and the competitive landscape for market leaders.

To analyze growth strategies of key players in the optical systems and non-destructive testing systems for inspection and maintenance market.

To analyze patent data where relevant.

REASONS FOR CONDUCTING THE STUDY

Metrology is one of the most important aspects of manufacturing processes and has applications in each step of the manufacturing process. It is used for designing the conditions for observation of the entire manufacturing process, including constructing and calibrating instruments. In addition, metrology is used to determine whether
captured data is significant. Applications of metrology in manufacturing processes include the characterization of gravitational fields, rock dating and determination of certain physical and chemical constants. The optical systems and non-destructive testing systems used for inspecting and maintaining manufacturing processes improve
operational efficiency of the overall process and improve product quality by checking for deformities in the production line. Rapid industrialization coupled with the move by industrial manufacturing towards better operational efficiency is one of the major factors driving the optical systems and nondestructive testing systems for inspection and maintenance market. As a result, deployment of these systems is expected to increase considerably in the coming years. Due to these factors, BCC Research considers optical systems and nondestructive testing systems for inspection and maintenance an important area for study.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

World Welding Machinery Market to 2021 - Market Size, Development, and Forecasts

  • $ 23129
  • Industry report
  • May 2017
  • by Global Research & Data Services

The report package World Welding Machinery Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for welding ...

World Machine Tool Market to 2021 - Market Size, Development, and Forecasts

  • $ 23129
  • Industry report
  • May 2017
  • by Global Research & Data Services

The report package World Machine Tool Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for machine tools ...

Valve Markets in the World to 2021 - Market Size, Development, and Forecasts

  • $ 20203
  • Industry report
  • July 2017
  • by Global Research & Data Services

The industry report package Valve Markets in the World to 2021 - Market Size, Development, and Forecasts offers the most up-to-date market data on the actual market situation, and future outlook for valves ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.