Product Code: GVR-4-68040-003-7
Inspection Camera System Market Growth & Trends:
The global inspection camera system market size is expected to reach USD 729.0 million by 2030, registering a CAGR of 10.8% from 2023 to 2030, according to a new study by Grand View Research, Inc. The ability of these cameras to articulate in the industrial application helps provide a better view of the machine's inner workings; also, the usage of the inspection camera for visual inspection is one factor that propels the market growth. Providing proper maintenance of the sewer systems in commercial, residential, institutional, and public locations for the disposal of safe water and preventing the stagnation of contaminated water is also favoring the market's growth.
Manufacturers have numerous growth opportunities as they adopt innovations, modify the systems, and provide technological improvement along with investments in the research and development of inspection camera systems. For instance, ISRA VISION introduced a new camera-based inline inspection system equipped with updated features and advanced software tools. A few inspection camera systems are battery operated; the manufacturers are inspecting technology that makes their lithium-ion batteries reliable, long-lasting, and with lesser potential errors and defects. Pharmaceutical industries and semiconductor industries' requirements for inspection cameras are increasing.
Pharmaceutical industries require miniature microscopes used for endoscopes, etc., as the requirement for 1.6mm lumens visual inspection in endoscopes and medical instruments. Pharmaceutical industries and drug manufacturers are investing heavily in R&D activities to produce new vaccines and drugs; also, the government is implying regulations against the quality and supply of the drugs. North America dominated the global industry in 2021 and is likely to continue the trend during the forecast period. Rapid industrialization and municipal expansion, along with the need for video inspection, are fueling the demand for inspection camera systems.
Governments also prohibit personnel from entering the sewer pipeline systems for surveying and maintenance. The Asia Pacific region is estimated to register the fastest growth rate during the forecast period on account of the rapid industrialization and commercialization, which increase the usage of inspection camera systems. The government of India announced that over 560,000 kilometers of optical fiber cable have been laid around the country under the BharatNet Project. Inspection and maintenance of this vast cable network are conducted with the help of an inspection camera system owing to the presence of silica in the wire.
Inspection Camera System Market Report Highlights:
- The pipeline inspection segment accounted for the largest revenue share in 2022 and will remain dominant throughout the forecast period
- As per the video quality, the SD & HD segment will lead the industry over the forecast years
- The hardware component segment accounted for the largest share of the global industry in 2022 due to the invention, improvement, and technological development of the inspection camera systems
- Europe is expected to record a considerable growth rate from 2023 to 2030 owing to the requirement of vast natural gas pipeline projects that run between multiple European countries
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Component
- 1.1.2. Video quality
- 1.1.3. Application
- 1.1.4. Distribution channel
- 1.1.5. End-use
- 1.1.6. Regional scope
- 1.1.7. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Component outlook
- 2.2.2. Video quality outlook
- 2.2.3. Application outlook
- 2.2.4. Distribution channel outlook
- 2.2.5. End-use outlook
- 2.2.6. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Inspection Camera System Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.3.3. Market opportunity analysis
- 3.4. Inspection Camera System Market Analysis Tools
- 3.4.1. Industry analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Technological landscape
- 3.4.2.3. Economic landscape
Chapter 4. Inspection Camera System Market: Component Estimates & Trend Analysis
- 4.1. Inspection Camera System Market: Key Takeaways
- 4.2. Inspection Camera System Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Hardware
- 4.3.1. Hardware market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
- 4.4. Services
- 4.4.1. Services market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
Chapter 5. Inspection Camera System Market: Video Quality Estimates & Trend Analysis
- 5.1. Inspection Camera System Market: Key Takeaways
- 5.2. Inspection Camera System Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. SD & HD
- 5.3.1. SD & HD market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
- 5.4. Full HD & 4K
- 5.4.1. Full HD & 4K market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
Chapter 6. Inspection Camera System Market: Application Estimates & Trend Analysis
- 6.1. Inspection Camera System Market: Key Takeaways
- 6.2. Inspection Camera System Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Pipeline Inspection
- 6.3.1. Pipeline inspection market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
- 6.4. Drain Inspection
- 6.4.1. Drain inspection market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
- 6.5. Tank
- 6.5.1. Tank market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
- 6.6. Medical Inspection
- 6.6.1. Medical inspection market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
- 6.7. Others
- 6.7.1. Others market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
Chapter 7. Inspection Camera System Market: Distribution Channel Estimates & Trend Analysis
- 7.1. Inspection Camera System Market: Key Takeaways
- 7.2. Inspection Camera System Market: Movement & Market Share Analysis, 2022 & 2030
- 7.3. Online
- 7.3.1. Online market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
- 7.4. In-store
- 7.4.1. In-store market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
Chapter 8. Inspection Camera System Market: End-use Estimates & Trend Analysis
- 8.1. Inspection Camera System Market: Key Takeaways
- 8.2. Inspection Camera System Market: Movement & Market Share Analysis, 2022 & 2030
- 8.3. Industrial
- 8.3.1. Industrial market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
- 8.4. Commercial
- 8.4.1. Commercial market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
- 8.5. Municipal
- 8.5.1. Municipal market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
- 8.6. Others
- 8.6.1. Others market estimates and forecasts, 2018 to 2030 (USD Million and Thousands Units)
Chapter 9. Inspection Camera System Market: Regional Estimates & Trend Analysis
- 9.1. Regional Outlook
- 9.2. Inspection Camera System Market by Region: Key Takeaway
- 9.3. North America
- 9.3.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.3.2. U.S.
- 9.3.2.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.3.3. Canada
- 9.3.3.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.4. Europe
- 9.4.1. UK
- 9.4.1.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.4.2. Germany
- 9.4.2.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.4.3. France
- 9.4.3.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.5. Asia Pacific
- 9.5.1. Japan
- 9.5.1.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.5.2. China
- 9.5.2.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.5.3. India
- 9.5.3.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.5.4. Australia
- 9.5.4.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.5.5. South Korea
- 9.5.5.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.6. Latin America
- 9.6.1. Brazil
- 9.6.1.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.6.2. Mexico
- 9.6.2.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.7. MEA
- 9.7.1. Saudi Arabia
- 9.7.1.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.7.2. South Africa
- 9.7.2.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
- 9.7.3. UAE
- 9.7.3.1. Market estimates and forecasts, 2018 to 2030 (Revenue, USD Million; Volume, Thousands Units)
Chapter 10. Competitive Landscape
- 10.1. Recent Developments & Impact Analysis, By Key Market Participants
- 10.2. Market Participant Categorization
- 10.2.1. Basler AG
- 10.2.1.1. Company overview
- 10.2.1.2. Financial performance
- 10.2.1.3. Product benchmarking
- 10.2.1.4. Strategic initiatives
- 10.2.2. Leica Microsystems
- 10.2.2.1. Company overview
- 10.2.2.2. Financial performance
- 10.2.2.3. Product benchmarking
- 10.2.2.4. Strategic initiatives
- 10.2.3. Clarus Medical LLC
- 10.2.3.1. Company overview
- 10.2.3.2. Financial performance
- 10.2.3.3. Product benchmarking
- 10.2.3.4. Strategic initiatives
- 10.2.4. Eddyfi Technologies
- 10.2.4.1. Company overview
- 10.2.4.2. Financial performance
- 10.2.4.3. Product benchmarking
- 10.2.4.4. Strategic initiatives
- 10.2.5. Minicam Group
- 10.2.5.1. Company overview
- 10.2.5.2. Financial performance
- 10.2.5.3. Product benchmarking
- 10.2.5.4. Strategic initiatives
- 10.2.6. iPEK International GmbH
- 10.2.6.1. Company overview
- 10.2.6.2. Financial performance
- 10.2.6.3. Product benchmarking
- 10.2.6.4. Strategic initiatives
- 10.2.7. NDT Technologies (P) Limited
- 10.2.7.1. Company overview
- 10.2.7.2. Financial performance
- 10.2.7.3. Product benchmarking
- 10.2.7.4. Strategic initiatives
- 10.2.8. CUES Inc.
- 10.2.8.1. Company overview
- 10.2.8.2. Financial performance
- 10.2.8.3. Product benchmarking
- 10.2.8.4. Strategic initiatives
- 10.2.9. OMNIVISION
- 10.2.9.1. Company overview
- 10.2.9.2. Financial performance
- 10.2.9.3. Product benchmarking
- 10.2.9.4. Strategic initiatives
- 10.2.10. I.C.LERCHER-Solutions GmbH
- 10.2.10.1. Company overview
- 10.2.10.2. Financial performance
- 10.2.10.3. Product benchmarking
- 10.2.10.4. Strategic initiatives
- 10.2.11. Canon Inc.
- 10.2.11.1. Company overview
- 10.2.11.2. Financial performance
- 10.2.11.3. Product benchmarking
- 10.2.11.4. Strategic initiatives
- 10.2.12. Omron Corporation
- 10.2.12.1. Company overview
- 10.2.12.2. Financial performance
- 10.2.12.3. Product benchmarking
- 10.2.12.4. Strategic initiatives
- 10.2.13. Pleora Technologies Inc.
- 10.2.13.1. Company overview
- 10.2.13.2. Financial performance
- 10.2.13.3. Product benchmarking
- 10.2.13.4. Strategic initiatives
- 10.2.14. eInfochips
- 10.2.14.1. Company overview
- 10.2.14.2. Financial performance
- 10.2.14.3. Product benchmarking
- 10.2.14.4. Strategic initiatives
- 10.2.15. Kintronics, Inc
- 10.2.15.1. Company overview
- 10.2.15.2. Financial performance
- 10.2.15.3. Product benchmarking
- 10.2.15.4. Strategic initiatives
- 10.2.16. Pro-Vigil
- 10.2.16.1. Company overview
- 10.2.16.2. Financial performance
- 10.2.16.3. Product benchmarking
- 10.2.16.4. Strategic initiatives
- 10.2.17. CameraFTP
- 10.2.17.1. Company overview
- 10.2.17.2. Financial performance
- 10.2.17.3. Product benchmarking
- 10.2.17.4. Strategic initiatives
- 10.2.18. Camcloud
- 10.2.18.1. Company overview
- 10.2.18.2. Financial performance
- 10.2.18.3. Product benchmarking
- 10.2.18.4. Strategic initiatives
- 10.2.19. Exacq Technologies
- 10.2.19.1. Company overview
- 10.2.19.2. Financial performance
- 10.2.19.3. Product benchmarking
- 10.2.19.4. Strategic initiatives
- 10.2.20. Stealth Monitoring
- 10.2.20.1. Company overview
- 10.2.20.2. Financial performance
- 10.2.20.3. Product benchmarking
- 10.2.20.4. Strategic initiatives