Authored By: Sarah
23 Aug 2024

Automated Industrial Quality Control (Qc) Market Size to grow by USD 269.5 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Automated Industrial Quality Control (Qc) Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.

Key Highlights

  • Market Research Overview:

The Automated Industrial Quality Control (QC) market is a significant segment of the expansive global electrical components and equipment market. This market encompasses businesses specializing in the production of automated systems for inspecting and ensuring the quality of electrical components and equipment. The parent market, which includes manufacturers of electrical cables and wires, electrical components, and electrical equipment, generates substantial revenue from various sectors such as water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components. Furthermore, the market size is expanded to incorporate the revenue from renting and leasing electrical components and equipment to industrial, commercial, and residential end-users. - The Automated Industrial Quality Control (Qc) Market is experiencing significant growth, fueled by the Growing importance of accuracy in quality control processes. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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  • Major Findings

    • Growing importance of accuracy in quality control processes
    • Growing need to maintain certification standards
    • Lack of effective interoperability
    • Exposure to cybersecurity threats
  • Growth Projections

The market size is estimated to grow by USD 269.5 million, at a CAGR of 5.97% during the forecast period. Reshoring of manufacturing industry | Emerging demand for robotics and artificial intelligence (AI) in quality control processes | Growing need for automated quality control systems with 3D technology

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  • Regional Insights

The Automated Industrial Quality Control (QC) market is experiencing significant growth due to the increasing demand for efficient and accurate production processes. Businesses are investing in automated QC solutions to enhance product consistency, reduce human error, and improve overall operational efficiency. Key technologies driving this market include machine vision systems, sensors, and data analytics software. These advanced tools enable real-time monitoring and analysis of production processes, ensuring consistent quality and reducing waste. Additionally, the integration of Industry 4.0 and the Internet of Things (IoT) is further fueling market growth by enabling predictive maintenance and remote monitoring capabilities.

Research Analysis Overview

The Automated Industrial Quality Control (QC) market is experiencing significant growth due to the integration of digital technology, cloud-based services, industrial robots, automation devices, and advanced industrial control systems. These technologies are revolutionizing the way quality control is managed in industries, ensuring consistent and accurate results. In the healthcare sector, the application of Automated Industrial QC is making strides in areas such as cancer diagnosis, chronic diseases, autoimmune disorders, and infectious illnesses. With the use of molecular diagnostics, immunochemistry, in vitro diagnostics, and industrial sensors, healthcare providers can deliver more precise and timely diagnoses. Cloud computing, HMI (Human-Machine Interface), SCADA, physics-based modeling, machine learning, and augmented reality (AR) are some of the advanced technologies driving the Industrial Automation Market. For instance, cloud-based services enable remote monitoring and control of industrial processes, while machine learning algorithms help in predictive maintenance and anomaly detection. In home care and hospital settings, automated industrial quality control systems can help ensure the safety and efficacy of medical treatments. For example, industrial sensors can monitor the temperature and humidity levels in a hospital room, while machine learning algorithms can analyze patient data to identify potential health risks. Overall, the Automated Industrial Quality Control market is poised for growth, with applications ranging from manufacturing to healthcare, and from infectious illnesses to chronic diseases. The integration of advanced technologies such as cloud computing, industrial robots, and machine learning is set to transform the way we approach quality control and improve outcomes across various industries.

About Technavio                                                                        

Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies. 

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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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