Automated Industrial Quality Control Market Size, Share, Growth, and Industry Analysis, by Type (Hardware and Software Solutions, Service), By Application (Automotive Industry, Metal Industry, and Electronics Industry), Regional Forecast To 2031

Updated On: 08 April 2024

AUTOMATED INDUSTRIAL QUALITY CONTROL MARKET REPORT OVERVIEW

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The global automated industrial quality control market size was USD 613.8 million in 2021 and is projected to touch USD 1084.8 million by 2031, at CAGR of 5.8% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the automated industrial quality control market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels.

Automated industrial quality control is the use of a computer or a machine to inspect and test products to ensure that they meet certain specifications. This technology is used in a variety of industries, including automotives, aerospace, manufacturing, heavy machinery, and food processing. The use of different technologies such as infrared cameras, lasers, and magnetic fields has made it possible to create highly accurate systems in a very short time. Automated industrial control systems can improve quality control by providing the capability to quickly detect or identify product defects or variations. This can avoid costly recalls, increase production efficiency, and reduce waste.

At various stages of the manufacturing process or at the final inspection, every product and good that enters and exits the factory is subjected to various quality inspection checks. The goal of quality assurance is to streamline the manufacturing process so that finished products are more likely to meet the company's quality standards. As a result, ensuring quality output has become critical to the entire manufacturing process. More and more manufacturers are implementing automated quality control systems to detect problems before they become serious or to reduce quality control costs. Additionally, automated quality control systems improve overall product quality, increase throughput, reduce obsolete and time-consuming manual inspections, and boost competitiveness.

COVID-19 Impact: Less Demand Resulted In  a Halt in Market Growth

One of the worst things that happened in the 20th century was the COVID-19 pandemic. Every aspect of human life suffered as a result when a small virus brought the entire world to a halt. A virus that affects the respiratory systems of living organisms has an indirect impact on the global economy. In the case of the automated industrial quality control market, demand was very low because the manufacturing industries, which are the end users of this item, ceased operations during the pandemic. The business was impacted by the production and supply chain systems, resulting in poor automated industrial quality control market growth.

LATEST TRENDS

"Demand for Customized Product Boosts the Market Growth"

Every day, technology advances. Every day, new technologies are developed. As a result, quality control has become much easier. Customized products are increasingly popular these days. Companies develop automated industrial quality control equipment to meet the exact needs of their customers, resulting in a completely error-free end product. There are quality control system options for each stage of production. The automated industrial quality control market is growing as quality inspection systems become more accurate with the help of artificial intelligence.

AUTOMATED INDUSTRIAL QUALITY CONTROL MARKET SEGMENTATION

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• By Type

Based on type; the market is divided into Hardware and Software Solutions, Service

Hardware and Software Solutions is the leading part of this segment.

• By Application

Based on application; the market is divided into Automotive Industry, Metal Industry, and Electronics Industry

Automotive Industry is the leading part of the application segment.

DRIVING FACTORS

"Elimination of Human Errors Boosts the Market Growth"

Many advantages of automated industrial quality control systems improve the quality of parts and complete products. Due to a scarcity of experienced CMM operators, manufacturers are increasingly relying on automated quality control solutions to not only eliminate production bottlenecks but also improve the quality of the parts being inspected because automated systems are immune to human error. Furthermore, qualified employees can be assigned to higher-value tasks like data and inspection analysis. It increases the accuracy of inspection measurements. Automated inspections ensure accurate measurements on complex parts and high-throughput production lines, driving market growth.

"The Need for Productivity Accelerates Market Growth"

These systems can collect more data for large quantities of parts more quickly. Manufacturers can make better decisions based on more reliable results from a larger number of components when combined with sophisticated reporting capabilities. Due to the inexhaustible amount of 3D data captured by automated quality control systems, a manufacturer's quality control operations can provide dynamic, real-time reviews of production quality as well as comprehensive compliance tests to clients. Defects and irregularities can thus be detected more quickly, and corrective actions can be taken to avoid downtime and adhere to production timelines, improving productivity and product quality.

RESTRAINING FACTORS

"High Maintenance Hinders the Market’s Growth"

For many decades, automated industrial quality control has been a mainstay of industry. However, there are some unintended consequences that manufacturers must consider before implementing automation. One of these consequences is the requirement for significant capital investment to maintain and service automated systems. These systems are also more vulnerable to cyber attacks than manual systems, leaving businesses vulnerable if their infrastructure is not properly protected. Aside from the numerous benefits of an automated industrial quality control system, it has a high installation and maintenance cost and effort.

AUTOMATED INDUSTRIAL QUALITY CONTROL MARKET REGIONAL INSIGHTS

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"North America to Lead Market Owing to Urbanization"

North America has the largest automated industrial quality control market share when compared to other geographical regions. The number of end-user industries in this region is growing, which is driving market growth. Improved product quality allows manufacturers to create more complex parts and products, which can lead to untapped commercial opportunities. Finally, higher quality is a fairly reliable indicator that clients and end users will return to a manufacturer. The number of players in the automotive, metal, and electronics industries, among others, is growing in this region, fueling the growth of the automated industrial quality control market.

KEY INDUSTRY PLAYERS

"Prominent Players In the Market to Boost Market Growth"

The information in this market was gathered from a variety of sources. Trade journals, statistics from professional associations, university studies, and government reports are just a few examples. In addition to these primary sources, information is gathered from producers, distributors, sellers, retailers, micro-experts, and other market participants. The report includes information about industry participants and their local activities. Partnerships, technological advancements, acquisitions, mergers, and industrial facility expansion are a few examples of data collection and reporting methods.

List of Market Players Profiled

• GOM (Germany)
• Honeywell (U.S.)
• IVISYS (U.S.)
• KEYENCE (Japan)
• Renishaw (U.K.)
• ABB (Switzerland)
• ATS Automation Tooling Systems (Canada)
• MasterControl (U.S.)
• Nanotronics (U.S.)
• RNA Automation (U.K.)
• Shelton Machines (U.K.)

REPORT COVERAGE

The research includes a comprehensive examination of the market's current state, including raw materials, technology, and equipment, as well as supply and demand, production capacity, and industry chain analysis. This study assesses the market potential as well as the market risks associated with the emergence of specific categories. The influence of major market drivers and restraints on market growth is also assessed. The performance of major firms is evaluated over time, and their effects on market dynamics are investigated.