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Automated Quality Control Market Forecasts to 2030 – Global Analysis By Component (Hardware, Software and Services), Type (In-house and Outsourced), Procedure (Inspection and Audit), Deployment Mode, Quality Metric, Technology, Application, End User and B

Published Aug 08, 2024
Length 200 Pages
SKU # SMR19044182

Description

Automated Quality Control Market Forecasts to 2030 – Global Analysis By Component (Hardware, Software and Services), Type (In-house and Outsourced), Procedure (Inspection and Audit), Deployment Mode, Quality Metric, Technology, Application, End User and By Geography


According to Stratistics MRC, the Global Automated Quality Control is growing at a CAGR of 7.8% during the forecast period. Automated quality control refers to the use of technology and automated systems to inspect, test, and ensure product quality in manufacturing processes. It uses advanced technologies like AI, machine learning, and robotics to inspect and ensure product quality without human intervention. It enhances efficiency, accuracy, and consistency in manufacturing processes. The automated quality control market is expanding due to rising demand for high-quality products, advancements in automation technologies, and the need to reduce human error and operational costs across various industries such as automotive, electronics, and healthcare.

According to McKinsey Global Institute estimates, automation technologies could increase global productivity growth by 0.8 to 1.4 percent annually by 2030, leading to significant economic benefits.

Market Dynamics:

Driver:

Demand for high-quality products

The increasing consumer demand for high-quality products across industries is driving the adoption of automated quality control systems. Manufacturers are implementing these solutions to ensure consistent product quality, reduce defects, and meet stringent quality standards. Automated systems provide more accurate and reliable quality checks compared to manual inspections, enabling companies to improve their overall product quality and maintain customer satisfaction.

Restraint:

Significant investments

The implementation of automated quality control systems often requires substantial upfront investments in hardware, software, and infrastructure. Many companies, especially small and medium-sized enterprises, may find it challenging to allocate significant resources for these systems. The high initial costs can deter some manufacturers from adopting automated quality control solutions, limiting market growth potential in certain segments.

Opportunity:

Industry 4.0 integration

The ongoing Industry 4.0 revolution presents a significant opportunity for the automated quality control market. As manufacturers embrace smart factory concepts and digital transformation, there is increasing demand for integrated quality control solutions that can seamlessly connect with other systems. This integration enables real-time data analysis, predictive maintenance, and continuous process improvement, driving efficiency and productivity gains across the manufacturing value chain.

Threat:

Cybersecurity risks

Automated quality control systems are becoming more interconnected and reliant on digital technologies, they face increased cybersecurity risks. These systems, integrated with IoT devices and cloud-based solutions, can be vulnerable to cyberattacks, data breaches, and other security threats. Such incidents can lead to operational disruptions, the loss of sensitive data, and significant financial losses, which will negatively impact the market.

Covid-19 Impact:

The COVID-19 pandemic initially disrupted manufacturing operations and supply chains, slowing market growth. However, as industries recovered, there was increased emphasis on automation and quality control to ensure product safety and maintain operational efficiency. This accelerated the adoption of automated quality control solutions, particularly in sectors like healthcare and electronics.

The hardware segment is expected to be the largest during the forecast period

During the forecast period, the hardware segment is expected to dominate the market. Hardware is the backbone of automated quality control systems. This segment's dominance is driven by the continuous need for advanced, high-precision hardware to perform accurate quality inspections across various industries. Moreover, manufacturers are investing in sophisticated hardware solutions to enhance their quality control capabilities and meet evolving industry standards, which are boosting the segment's expansion.

The cloud-based segment is expected to have the highest CAGR during the forecast period

During the forecast period, the cloud-based segment is projected to experience the highest CAGR. Cloud-based automated quality control solutions are gaining traction due to their scalability, flexibility, and cost-effectiveness. These systems enable real-time data access, remote monitoring, and seamless integration with other cloud-based manufacturing systems. The growing adoption of cloud technologies in manufacturing and the increasing need for data-driven quality control are driving the rapid growth of this segment.

Region with largest share:

North America is expected to dominate the automated quality control market during the forecast period. North America's dominance in the automated quality control market is attributed to its advanced manufacturing sector, high adoption of automation technologies, and stringent quality standards across industries. The region's focus on innovation, the presence of major market players, and investments in smart manufacturing initiatives contribute to its significant market share.

Region with highest CAGR:

The Asia Pacific region is poised to register lucrative growth in the automated quality control market, driven by increasing industrialization, rising adoption of automation, and significant investments in manufacturing infrastructure. Countries like China, Japan, South Korea, and India are leading this growth with their expanding manufacturing sectors and focus on improving product quality. The region's growing consumer market also demands higher-quality products, further propelling the adoption of AQC systems and ensuring a high CAGR for Asia Pacific.

Key players in the market

Some of the key players in Automated Quality Control market include Siemens AG, ABB Ltd., Honeywell International Inc., Schneider Electric SE, Emerson Electric Co., Rockwell Automation, Inc., Yokogawa Electric Corporation, FANUC Corporation, Mitsubishi Electric Corporation, Omron Corporation, Keyence Corporation, Cognex Corporation, ISRA VISION AG, Teledyne Technologies Incorporated, Hexagon AB, FARO Technologies, Inc., Nikon Metrology NV, and Carl Zeiss AG.

Key Developments:

In June 2024, Honeywell announced the launch of its Battery Manufacturing Excellence Platform (Battery MXP), an artificial intelligence (AI)-powered software solution designed to optimize the operation of gigafactories from day one by improving battery cell yields and expediting facility startups for manufacturers. With traditional standalone solutions, battery manufacturers' material scrap rates can be as high as 30% at steady state and even higher during the facility startup processii. This practice can lead to millions of dollars of wasted energy and material while a gigafactory slowly scales to a more efficient and profitable production over several years.

In April 2024, Rockwell Automation, Inc. the world’s largest company dedicated to industrial automation and digital transformation, has announced it is working with Microsoft on three significant technology innovations that will be on display at Hannover Messe, 22-26 April. “Rockwell’s partnership with Microsoft is a shared vision of creating and delivering the best solutions to empower the future of industrial operations,” said Nicole Denil, global vice president, market access, Rockwell Automation.

In September 2023, Schneider Electric adopts Cognex vision system to improve inspection processes and quality control. The vision system proposed by Cognex allows for the complete assembly inspection of each component of any product by analysing the product references. Schneider’s new vision system was developed by Esox using Cognex’s VisionPro software which allows for a multi-display of images. Esox’s vision station consists of two cameras, five LED light sources, and a laser beam. The first high-resolution camera (1600x1200 pixels) inspects the underneath part of the piece and checks the code inscribed on the contacts. While the second camera inspects the upper part of the piece. Images acquired during the inspection process are recorded in the inspection database.

Components Covered:
• Hardware
• Software
• Services

Types Covered:
• In-house
• Outsourced

Procedures Covered:
• Inspection
• Audit

Deployment Modes Covered:
• On-Premises
• Cloud-Based
• Hybrid

Quality Metrics Covered:
• Dimensional Accuracy
• Surface Finish
• Material Composition
• Defect Detection
• Other Quality Metrics

Technologies Covered:
• Machine Vision
• Artificial Intelligence (AI)
• Big Data Analytics
• Internet of Things (IoT)
• Robotics and Automation
• Other Technologies

Applications Covered:
• Manufacturing
• Healthcare
• Retail
• Logistics and Transportation
• Other Applications

End Users Covered:
• Small and Medium Enterprises (SMEs)
• Large Enterprises

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Table of Contents

200 Pages
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automated Quality Control Market, By Component
5.1 Introduction
5.2 Hardware
5.2.1 Sensors
5.2.2 Cameras
5.2.3 Robots
5.2.4 Other Hardware
5.3 Software
5.3.1 Inspection Software
5.3.2 Reporting Software
5.3.3 Quality Management Software
5.3.4 Other Software
5.4 Services
5.4.1 Integration Services
5.4.2 Consulting Services
5.4.3 Maintenance and Support Services
6 Global Automated Quality Control Market, By Type
6.1 Introduction
6.2 In-house
6.3 Outsourced
7 Global Automated Quality Control Market, By Procedure
7.1 Introduction
7.2 Inspection
7.3 Audit
8 Global Automated Quality Control Market, By Deployment Mode
8.1 Introduction
8.2 On-Premises
8.3 Cloud-Based
8.4 Hybrid
9 Global Automated Quality Control Market, By Quality Metric
9.1 Introduction
9.2 Dimensional Accuracy
9.3 Surface Finish
9.4 Material Composition
9.5 Defect Detection
9.6 Other Quality Metrics
10 Global Automated Quality Control Market, By Technology
10.1 Introduction
10.2 Machine Vision
10.3 Artificial Intelligence (AI)
10.4 Big Data Analytics
10.5 Internet of Things (IoT)
10.6 Robotics and Automation
10.7 Other Technologies
11 Global Automated Quality Control Market, By Application
11.1 Introduction
11.2 Manufacturing
11.2.1 Automotive
11.2.2 Electronics
11.2.3 Pharmaceuticals
11.2.4 Food and Beverages
11.2.5 Aerospace and Defense
11.2.6 Semiconductor
11.2.7 Textile
11.2.8 Other Manufacturing Applications
11.3 Healthcare
11.4 Retail
11.5 Logistics and Transportation
11.6 Other Applications
12 Global Automated Quality Control Market, By End User
12.1 Introduction
12.2 Small and Medium Enterprises (SMEs)
12.3 Large Enterprises
13 Global Automated Quality Control Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Siemens AG
15.2 ABB Ltd.
15.3 Honeywell International Inc.
15.4 Schneider Electric SE
15.5 Emerson Electric Co.
15.6 Rockwell Automation, Inc.
15.7 Yokogawa Electric Corporation
15.8 FANUC Corporation
15.9 Mitsubishi Electric Corporation
15.10 Omron Corporation
15.11 Keyence Corporation
15.12 Cognex Corporation
15.13 ISRA VISION AG
15.15 Teledyne Technologies Incorporated
15.15 Hexagon AB
15.16 FARO Technologies, Inc.
15.17 Nikon Metrology NV
15.18 Carl Zeiss AG
List of Tables
Table 1 Global Automated Quality Control Market Outlook, By Region (2022-2030) ($MN)
Table 2 Global Automated Quality Control Market Outlook, By Component (2022-2030) ($MN)
Table 3 Global Automated Quality Control Market Outlook, By Hardware (2022-2030) ($MN)
Table 4 Global Automated Quality Control Market Outlook, By Sensors (2022-2030) ($MN)
Table 5 Global Automated Quality Control Market Outlook, By Cameras (2022-2030) ($MN)
Table 6 Global Automated Quality Control Market Outlook, By Robots (2022-2030) ($MN)
Table 7 Global Automated Quality Control Market Outlook, By Other Hardware (2022-2030) ($MN)
Table 8 Global Automated Quality Control Market Outlook, By Software (2022-2030) ($MN)
Table 9 Global Automated Quality Control Market Outlook, By Inspection Software (2022-2030) ($MN)
Table 10 Global Automated Quality Control Market Outlook, By Reporting Software (2022-2030) ($MN)
Table 11 Global Automated Quality Control Market Outlook, By Quality Management Software (2022-2030) ($MN)
Table 12 Global Automated Quality Control Market Outlook, By Other Software (2022-2030) ($MN)
Table 13 Global Automated Quality Control Market Outlook, By Services (2022-2030) ($MN)
Table 14 Global Automated Quality Control Market Outlook, By Integration Services (2022-2030) ($MN)
Table 15 Global Automated Quality Control Market Outlook, By Consulting Services (2022-2030) ($MN)
Table 16 Global Automated Quality Control Market Outlook, By Maintenance and Support Services (2022-2030) ($MN)
Table 17 Global Automated Quality Control Market Outlook, By Type (2022-2030) ($MN)
Table 18 Global Automated Quality Control Market Outlook, By In-house (2022-2030) ($MN)
Table 19 Global Automated Quality Control Market Outlook, By Outsourced (2022-2030) ($MN)
Table 20 Global Automated Quality Control Market Outlook, By Procedure (2022-2030) ($MN)
Table 21 Global Automated Quality Control Market Outlook, By Inspection (2022-2030) ($MN)
Table 22 Global Automated Quality Control Market Outlook, By Audit (2022-2030) ($MN)
Table 23 Global Automated Quality Control Market Outlook, By Deployment Mode (2022-2030) ($MN)
Table 24 Global Automated Quality Control Market Outlook, By On-Premises (2022-2030) ($MN)
Table 25 Global Automated Quality Control Market Outlook, By Cloud-Based (2022-2030) ($MN)
Table 26 Global Automated Quality Control Market Outlook, By Hybrid (2022-2030) ($MN)
Table 27 Global Automated Quality Control Market Outlook, By Quality Metric (2022-2030) ($MN)
Table 28 Global Automated Quality Control Market Outlook, By Dimensional Accuracy (2022-2030) ($MN)
Table 29 Global Automated Quality Control Market Outlook, By Surface Finish (2022-2030) ($MN)
Table 30 Global Automated Quality Control Market Outlook, By Material Composition (2022-2030) ($MN)
Table 31 Global Automated Quality Control Market Outlook, By Defect Detection (2022-2030) ($MN)
Table 32 Global Automated Quality Control Market Outlook, By Other Quality Metrics (2022-2030) ($MN)
Table 33 Global Automated Quality Control Market Outlook, By Technology (2022-2030) ($MN)
Table 34 Global Automated Quality Control Market Outlook, By Machine Vision (2022-2030) ($MN)
Table 35 Global Automated Quality Control Market Outlook, By Artificial Intelligence (AI) (2022-2030) ($MN)
Table 36 Global Automated Quality Control Market Outlook, By Big Data Analytics (2022-2030) ($MN)
Table 37 Global Automated Quality Control Market Outlook, By Internet of Things (IoT) (2022-2030) ($MN)
Table 38 Global Automated Quality Control Market Outlook, By Robotics and Automation (2022-2030) ($MN)
Table 39 Global Automated Quality Control Market Outlook, By Other Technologies (2022-2030) ($MN)
Table 40 Global Automated Quality Control Market Outlook, By Application (2022-2030) ($MN)
Table 41 Global Automated Quality Control Market Outlook, By Manufacturing (2022-2030) ($MN)
Table 42 Global Automated Quality Control Market Outlook, By Automotive (2022-2030) ($MN)
Table 43 Global Automated Quality Control Market Outlook, By Electronics (2022-2030) ($MN)
Table 44 Global Automated Quality Control Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
Table 45 Global Automated Quality Control Market Outlook, By Food and Beverages (2022-2030) ($MN)
Table 46 Global Automated Quality Control Market Outlook, By Aerospace and Defense (2022-2030) ($MN)
Table 47 Global Automated Quality Control Market Outlook, By Semiconductor (2022-2030) ($MN)
Table 48 Global Automated Quality Control Market Outlook, By Textile (2022-2030) ($MN)
Table 49 Global Automated Quality Control Market Outlook, By Other Manufacturing Applications (2022-2030) ($MN)
Table 50 Global Automated Quality Control Market Outlook, By Healthcare (2022-2030) ($MN)
Table 51 Global Automated Quality Control Market Outlook, By Retail (2022-2030) ($MN)
Table 52 Global Automated Quality Control Market Outlook, By Logistics and Transportation (2022-2030) ($MN)
Table 53 Global Automated Quality Control Market Outlook, By Other Applications (2022-2030) ($MN)
Table 54 Global Automated Quality Control Market Outlook, By End User (2022-2030) ($MN)
Table 55 Global Automated Quality Control Market Outlook, By Small and Medium Enterprises (SMEs) (2022-2030) ($MN)
Table 56 Global Automated Quality Control Market Outlook, By Large Enterprises (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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