Increasing Opportunities In Inspection Machines Market By Professional Survey Till Forecast 2024 by ritikatyagi · November 11 Customized Green Bay Packers Jersey , 2019
Regulatory mandates in the healthcare industry to maintain compliance with Good Manufacturing Practices, increasing number of inspection checkpoints in production lines, growing number of product recalls, rising penetration of automated inspection systems in the pharmaceutical & biotechnology industries Cheap Green Bay Packers Jerseys , and technological evolution in inspection systems are the major factors driving the growth of this market.
What is Growth of Inspection Machines?
The global inspection machines market is projected to reach USD 774 million by 2024 from USD 592 million in 2019, at a CAGR of 5.5%.
Which are segments of Inspection Machines?
The fully automated machines segment is expected dominate the inspection machines market, by type, in 2019. The large share of this segment can majorly be attributed to advantages offered by fully automated inspection machines (such as high-throughput Dexter Williams Packers Jersey , maximum inspection accuracy, high detection rate, and compliance with high-standard regulations), growing demand for quality requirements as part of the zero-error strategy Jace Sternberger Packers Jersey , and the increasing adoption of automated machines by various end users.
Pharmaceutical & biotechnology companies are expected to account for the largest share of the inspection machines market, by end user, in 2019. The large share of this segment can majorly be attributed to stringent government regulations regarding packaging quality and the increasing need to combat counterfeit pharmaceutical products, product recalls Elgton Jenkins Packers Jersey , and the prevention of loss of business revenue.
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Which geographical region is covered under inspection machines market?聽
The inspection machines market in the APAC is estimated to grow at the highest CAGR during the forecast period. The high growth in this regional market can be attributed to factors such as the increasing number of regulatory mandates to maintain compliance with Good Manufacturing Practices; growing number of pharmaceutical & biotechnology manufacturers; significant growth in the pharmaceutical, food processing & packaging, and medical device industries; and favorable government initiatives to promote the inspection of products in the pharmaceutical and biopharmaceutical industries in several Asia Pacific countries .
Key Players
The prominent players operating in the global inspection machines market are ACG Worldwide (India). K枚rber AG (Germany), METTLER TOLEDO International Inc. (US) Darnell Savage Jr. Packers Jersey , Brevetti C.E.A SPA (Italy), Teledyne Technologies (US), Cognex Corporation (US), Omron Corporation (Japan) Rashan Gary Packers Jersey , Mitsubishi Chemical Holdings Corporation (Japan), Jekson Vision Private Limited (India), Thermo Fisher Scientific (US), Antares Vision (Italy) Jaire Alexander Packers Jersey , OPTEL Group (Canada), and聽 Robert Bosch GmbH (Germany).
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