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Automated Industrial Quality Control (QC) Market to Record a CAGR of 6.26%, ABB Ltd. and ATS Automation Tooling Systems Inc. Emerge as Key Contributors to growth - Technavio
[August 02, 2022]

Automated Industrial Quality Control (QC) Market to Record a CAGR of 6.26%, ABB Ltd. and ATS Automation Tooling Systems Inc. Emerge as Key Contributors to growth - Technavio


NEW YORK, Aug. 2, 2022 /PRNewswire/ -- An automated industrial QC system incorporates machines to perform QC checks for industrial applications. These systems are more reliable and accurate compared with manual inspection solutions owing to the implementation of high-end technologies.

The automated industrial quality control (QC) market size is expected to grow by USD 225.49 mn from 2020 to 2025. In addition, the growth momentum of the market will accelerate at a CAGR of 6.26% during the forecast period. 

Get a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format

Automated Industrial Quality Control (QC) Market 2021-2025: Scope

The automated industrial quality control (QC) market report covers the following areas:

Automated Industrial Quality Control (QC) Market 2021-2025: Vendor Analysis

ABB Ltd., ATS Automation Tooling Systems Inc., Carl Zeiss AG, Honeywell International Inc., IVISYS AB, Keyence Corp., MasterControl Inc., Renishaw Plc, RNA Automation Ltd., and Shelton Machines Ltd., are some of the major market participants. The key offerings of some of these vendors are listed below:

  • ABB Ltd. - The company offers a comprehensive range of products such as Measurement Scanners, scanning measurements, sheet break detectors, among others, along with robot-based QC products such as IRB 140, IRB 2400, and IRB 7600 among others.
  • ATS Automation Tooling Systems Inc. - The company offers a range of inspection and test systems such as Computerized Instrumentation, Custom Test Software, Custom Test Solutions, and Electrical Measurement Testing, among others.
  • Carl Zeiss AG - The company offers a range of products such as virtual measuring rooms, ATOS ScanBox, and ATOS Triple Scan systems, among others, through its subsidiary GOM GmbH.

This report provides a full list of key vendors, their strategies, and latest developments. Request a PDF Sample Now

Automated Industrial Quality Control (QC) Market 2021-2025: Driver and Challenge

The growing importance for accuracy in QC processes is driving the growth of the market. Industrial manufacturers are seeking opportunities to enhance their manufacturing standards and practices without affecting the cost of production. Moreover, multiple QC processes during the production process are crucial for increasing overall operational productivity. Therefore, automated industrial QC systems have gained popularity over manual QC.

High initial capital investment will challenge the automated industrial quality control market. Automated industrial QC is carried out using high-end software and hardware. These systems use expensive cameras, scanners, conveyer belts, imaging sensors, and other mechanical tools. Furthermore, automated QC systems must be serviced on a regular basis, which could raise end-user maintenance costs.

Automated Industrial Quality Control (QC) Market 2021-2025: Segmentation
  • End-user
    • Automotive Industry
    • Metal Industry
    • Electronics Industry
    • Others
  • Geography
    • Europe
    • North America
    • APAC
    • South America
    • MEA
Automated Industrial Quality Control (QC) Market 2021-2025: Revenue-generating End-user Segments

The automotive industry segment will have the highest market share growth during the forecast period. This growth will be driven by factors such as the rising demand for cars and light commercial vehicles. Moreover, in developing countries, the growing population and rising disposable income levels are driving the growth of the automotive industry.

Automated Industrial Quality Control (QC) Market 2021-2025: Key Highlights
  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist automated industrial quality control (QC) market growth during the next five years
  • Estimation of the automated industrial quality control (QC) market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automated industrial quality control (QC) market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automated industrial quality control (QC) market vendors
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Automated Industrial Quality Control (QC) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.26%

Market growth 2021-2025

USD 225.49 million

Market structure

Concentrated

YoY growth (%)

5.19

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 31%

Key consumer countries

US, China, Germany, Japan, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABB Ltd., ATS Automation Tooling Systems Inc., Carl Zeiss AG, Honeywell International Inc., IVISYS AB, Keyence Corp., MasterControl Inc., Renishaw Plc, RNA Automation Ltd., and Shelton Machines Ltd.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


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Table of Contents:

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis – Electrical components and equipment market

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five Forces Summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 15: End user - Market share 2020-2025 (%)
  • 5.2 Comparison by End user
    • Exhibit 16: Comparison by End user
  • 5.3 Automotive industry - Market size and forecast 2020-2025
    • Exhibit 17: Automotive industry - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Automotive industry - Year-over-year growth 2020-2025 (%)
  • 5.4 Metal industry - Market size and forecast 2020-2025
    • Exhibit 19: Metal industry - Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Metal industry - Year-over-year growth 2020-2025 (%)
  • 5.5 Electronics industry - Market size and forecast 2020-2025
    • Exhibit 21: Electronics industry - Market size and forecast 2020-2025 ($ million)
    • Exhibit 22: Electronics industry - Year-over-year growth 2020-2025 (%)
  • 5.6 Others - Market size and forecast 2020-2025
    • Exhibit 23: Others - Market size and forecast 2020-2025 ($ million)
    • Exhibit 24: Others - Year-over-year growth 2020-2025 (%)
  • 5.7 Market opportunity by End user
    • Exhibit 25: Market opportunity by End user

6 Market Segmentation by Solution

  • 6.1 Market segments
    • Exhibit 26: Solution - Market share 2020-2025 (%)
  • 6.2 Comparison by Solution
    • Exhibit 27: Comparison by Solution
  • 6.3 Hardware and software - Market size and forecast 2020-2025
    • Exhibit 28: Hardware and software - Market size and forecast 2020-2025 ($ million)
    • Exhibit 29: Hardware and software - Year-over-year growth 2020-2025 (%)
  • 6.4 Service - Market size and forecast 2020-2025
    • Exhibit 30: Service - Market size and forecast 2020-2025 ($ million)
    • Exhibit 31: Service - Year-over-year growth 2020-2025 (%)
  • 6.5 Market opportunity by Solution
    • Exhibit 32: Market opportunity by Solution

7 Customer Landscape

8 Geographic Landscape

  • 8.1 Geographic segmentation
    • Exhibit 34: Market share by geography 2020-2025 (%)
  • 8.2 Geographic comparison
    • Exhibit 35: Geographic comparison
  • 8.3 Europe - Market size and forecast 2020-2025
    • Exhibit 36: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 37: Europe - Year-over-year growth 2020-2025 (%)
  • 8.4 North America - Market size and forecast 2020-2025
    • Exhibit 38: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 39: North America - Year-over-year growth 2020-2025 (%)
  • 8.5 APAC - Market size and forecast 2020-2025
    • Exhibit 40: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 41: APAC - Year-over-year growth 2020-2025 (%)
  • 8.6 South America - Market size and forecast 2020-2025
    • Exhibit 42: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 43: South America - Year-over-year growth 2020-2025 (%)
  • 8.7 MEA - Market size and forecast 2020-2025
    • Exhibit 44: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 45: MEA - Year-over-year growth 2020-2025 (%)
  • 8.8 Key leading countries
    • Exhibit 46: Key leading countries
  • 8.9 Market opportunity by geography
    • Exhibit 47: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
    • Exhibit 48: Impact of drivers and challenges
  • 9.3 Market trends

10 Vendor Landscape

  • 10.1 Vendor landscape
    • Exhibit 49: Vendor landscape
  • 10.2 Landscape disruption
    • Exhibit 50: Landscape disruption
    • Exhibit 51: Industry risks
  • 10.3 Competitive Scenerio

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 52: Vendors covered
  • 11.2 Market positioning of vendors
    • Exhibit 53: Market positioning of vendors
  • 11.3 ABB Ltd.
    • Exhibit 54: ABB Ltd. - Overview
    • Exhibit 55: ABB Ltd. - Business segments
    • Exhibit 56: ABB Ltd. - Key news
    • Exhibit 57: ABB Ltd. - Key offerings
    • Exhibit 58: ABB Ltd. - Segment focus
  • 11.4 ATS Automation Tooling Systems Inc.
    • Exhibit 59: ATS Automation Tooling Systems Inc. - Overview
    • Exhibit 60: ATS Automation Tooling Systems Inc. - Business segments
    • Exhibit 61: ATS Automation Tooling Systems Inc. - Key news
    • Exhibit 62: ATS Automation Tooling Systems Inc. - Key offerings
  • 11.5 Carl Zeiss AG
    • Exhibit 63: Carl Zeiss AG - Overview
    • Exhibit 64: Carl Zeiss AG - Business segments
    • Exhibit 65: Carl Zeiss AG - Key offerings
    • Exhibit 66: Carl Zeiss AG - Segment focus
  • 11.6 Honeywell International Inc.
    • Exhibit 67: Honeywell International Inc. - Overview
    • Exhibit 68: Honeywell International Inc. - Business segments
    • Exhibit 69: Honeywell International Inc. - Key news
    • Exhibit 70: Honeywell International Inc. - Key offerings
    • Exhibit 71: Honeywell International Inc. - Segment focus
  • 11.7 IVISYS AB
    • Exhibit 72: IVISYS AB - Overview
    • Exhibit 73: IVISYS AB - Product and service
    • Exhibit 74: IVISYS AB - Key offerings
  • 11.8 Keyence Corp.
    • Exhibit 75: Keyence Corp. - Overview
    • Exhibit 76: Keyence Corp. - Product and service
    • Exhibit 77: Keyence Corp. - Key offerings
  • 11.9 MasterControl Inc.
    • Exhibit 78: MasterControl Inc. - Overview
    • Exhibit 79: MasterControl Inc. - Product and service
    • Exhibit 80: MasterControl Inc. - Key offerings
  • 11.10 Renishaw Plc
    • Exhibit 81: Renishaw Plc - Overview
    • Exhibit 82: Renishaw Plc - Business segments
    • Exhibit 83: Renishaw Plc - Key news
    • Exhibit 84: Renishaw Plc - Key offerings
    • Exhibit 85: Renishaw Plc - Segment focus
  • 11.11 RNA Automation Ltd.
    • Exhibit 86: RNA Automation Ltd. - Overview
    • Exhibit 87: RNA Automation Ltd. - Product and service
    • Exhibit 88: RNA Automation Ltd. - Key offerings
  • 11.12 Shelton Machines Ltd.
    • Exhibit 89: Shelton Machines Ltd. - Overview
    • Exhibit 90: Shelton Machines Ltd. - Product and service
    • Exhibit 91: Shelton Machines Ltd. - Key offerings

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Currency conversion rates for US$
    • Exhibit 92: Currency conversion rates for US$
  • 12.3 Research methodology
    • Exhibit 93: Research Methodology
    • Exhibit 94: Validation techniques employed for market sizing
    • Exhibit 95: Information sources
  • 12.4 List of abbreviations
    • Exhibit 96: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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