North America Defect Detection Market By Component (Hardware, Software and Services), By Application (Manufacturing and Packaging), By Vertical (Electronics & Semiconductors, Automotive, Metals & Machinery, Food & Packaging and Pharmaceuticals), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
The North America Defect Detection Market would witness market growth of 6.3% CAGR during the forecast period (2021-2027).
Autonomous manufacturing defect detection systems provide enhanced efficiency and accuracy, consistently adjusting to identify latest kinds of defects across industries and verticals. From nanometric semiconductors to big engine parts of a commercial airplane, production yield and customer satisfaction majorly rely on AI-based quality control.
The Canadian government has taken numerous initiatives like different trade agreements with other nations, decreasing the taxes for new investments, various skill training programs, and investments in the latest technologies. All these initiatives have supported the manufacturing industry of the nation, thereby supporting the regional market. Hence, these factors would collectively create lucrative growth opportunities for the players operating in the regional defect detection market during the forecasting period.
The US market dominated the North America Defect Detection Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,004.2 million by 2027. The Canada market is experiencing a CAGR of 8.8% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 7.8% during (2021 - 2027).
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 U.S., Mexico, Canada, and Rest of North America.
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
- Manufacturing
- Packaging
- Electronics & Semiconductors
- Automotive
- Metals & Machinery
- Food & Packaging
- Pharmaceuticals
- US
- Canada
- Mexico
- Rest of North America
- 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)
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Defect Detection Market, by Component
- 1.4.2 North America Defect Detection Market, by Application
- 1.4.3 North America Defect Detection Market, by Vertical
- 1.4.4 North America Defect Detection Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
- 3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Oct – 2021, Oct) Leading Players
- Chapter 4. North America Defect Detection Market by Component
- 4.1 North America Defect Detection Hardware Market by Country
- 4.2 North America Defect Detection Software Market by Country
- 4.3 North America Defect Detection Services Market by Country
- Chapter 5. North America Defect Detection Market by Vertical
- 5.1 North America Defect Detection Electronics & Semiconductors Market by Country
- 5.2 North America Defect Detection Automotive Market by Country
- 5.3 North America Defect Detection Metals & Machinery Market by Country
- 5.4 North America Defect Detection Food & Packaging Market by Country
- 5.5 North America Defect Detection Pharmaceuticals Market by Country
- Chapter 6. North America Defect Detection Market by Application
- 6.1 North America Manufacturing Defect Detection Market by Country
- 6.2 North America Packaging Defect Detection Market by Country
- Chapter 7. North America Defect Detection Market by Country
- 7.1 US Defect Detection Market
- 7.1.1 US Defect Detection Market by Component
- 7.1.2 US Defect Detection Market by Vertical
- 7.1.3 US Defect Detection Market by Application
- 7.2 Canada Defect Detection Market
- 7.2.1 Canada Defect Detection Market by Component
- 7.2.2 Canada Defect Detection Market by Vertical
- 7.2.3 Canada Defect Detection Market by Application
- 7.3 Mexico Defect Detection Market
- 7.3.1 Mexico Defect Detection Market by Component
- 7.3.2 Mexico Defect Detection Market by Vertical
- 7.3.3 Mexico Defect Detection Market by Application
- 7.4 Rest of North America Defect Detection Market
- 7.4.1 Rest of North America Defect Detection Market by Component
- 7.4.2 Rest of North America Defect Detection Market by Vertical
- 7.4.3 Rest of North America Defect Detection Market by Application
- Chapter 8. Company Profiles
- 8.1 Microsoft Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.1 Recent strategies and developments:
- 8.1.1.1 Acquisition and Mergers:
- 8.1.2 SWOT Analysis
- 8.2 IBM Corporation
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Regional & Segmental Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Product Launches and Product Expansions:
- 8.2.6 SWOT Analysis
- 8.3 Amazon.com, Inc.
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Recent strategies and developments:
- 8.3.4.1 Partnerships, Collaborations, and Agreements:
- 8.3.4.2 Product Launches and Product Expansions:
- 8.3.5 SWOT Analysis
- 8.4 Omron Corporation
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 Recent strategies and developments:
- 8.4.5.1 Partnerships, Collaborations, and Agreements:
- 8.4.5.2 Product Launches and Product Expansions:
- 8.4.6 SWOT Analysis
- 8.5 Cognex Corporation
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 Recent strategies and developments:
- 8.5.5.1 Acquisition and Mergers:
- 8.5.5.2 Product Launches and Product Expansions:
- 8.6 Datalogic S.p.A. (Hydra S.p.A.)
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Regional & Segmental Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Product Launches and Product Expansions:
- 8.7 Nikon Corporation
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Partnerships, Collaborations, and Agreements:
- 8.7.5.2 Product Launches and Product Expansions:
- 8.8 Keyence Corporation
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 SWOT Analysis
- 8.9 Teledyne Technologies, Inc.
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 Recent strategies and developments:
- 8.9.5.1 Acquisition and Mergers:
- 8.9.5.2 Product Launches and Product Expansions:
- 8.10. ISRA Vision AG (Atlas Copco)
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expense
- 8.10.5 Recent strategies and developments:
- 8.10.5.1 Acquisition and Mergers:
- 8.10.5.2 Product Launches and Product Expansions:
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