Authored By: Sarah
14 Jun 2021

Automated Industrial Quality Control (QC) Market Size to Grow by $ 225.49 Million through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the automated industrial quality control (QC) market and it is expected to grow by $ 225.49 million, accelerating at a CAGR of almost 6.26% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Automated Industrial Quality Control (QC) Market: Emerging Trends to Impact Market Growth

Growing importance for accuracy in QC processes. Europe has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The growing need to maintain certification standards will facilitate the automated industrial QC market growth in Europe over the forecast period. Growth by the automotive industry segment has been significant in recent years and is expected to provide steady growth during the forecast period. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Automated Industrial Quality Control (QC) Market: Vendor Analysis

The market is concentrated due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

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