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The Automated Industrial Quality Control (QC) Market is estimated to grow at a CAGR of 5.66% between 2022 and 2027, and the size of the market is forecasted to increase by USD 242.06 million. The growth of the market depends on several factors, including the growing importance of accuracy in quality control processes, the growing need to maintain certification standards, and the large benefits of automated quality control systems in automotive plants.
This report extensively covers market segmentation by end-user (automotive industry, metal industry, electronics industry, and others), solution (hardware, software, and service), and geography (Europe, North America, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Automated Industrial Quality Control (QC) Market Customer Landscape
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The growing need to maintain certification standards is driving the automated industrial quality control market growth. The overall profitability of any business is highly dependent on the performance of all stakeholders in the supply chain. Many end-users prefer equipment that focuses on the reduction of maintenance costs and safety measures. Manufacturers of industrial products should follow certification standards to address the increasing demand from end-users and regulatory bodies.
Many regulatory bodies and associations are accrediting product standards. For instance, the Council of Canadian Quality Assurance Standards performs several accreditation programs for calibration and testing, best practices in the laboratory, inspection bodies, and others to enhance the overall manufacturing process. Dimensional accuracy is an important factor in the product development lifecycle. Developments in maintaining production standards during manufacturing processes are driving demand for automated industrial quality control systems, which, in turn, will drive market growth during the forecast period.
The reshoring of the manufacturing industry is a key trend shaping the automated industrial quality control market. Reshoring refers to the process of returning the production base back to a company's parent location. Most manufacturing companies in developed countries have expanded their manufacturing base to China, India, and other Asian countries. However, the increasing labor wages are leading to a reduction of the profit margins of overseas manufacturers. Therefore, most manufacturers with production bases in developing countries may shift their manufacturing bases to developed countries.
The US is putting pressure on local manufacturers to bring the manufacturing plants back to their home country. Most modern manufacturers are implementing automation in their factories. These restored markets are likely to adopt automated industrial quality control to facilitate more productivity in the plants. Moreover, automated industrial quality control, due to its ability to handle complex inspections in a more precise and accurate way, will find applications in the restored manufacturing plants in developed countries.
The lack of effective interoperability is challenging automated industrial quality control market growth. End-users face interoperability issues in case an interface is not able to support the latest automated industrial quality control. Modern industrial systems and facilities are becoming more complex owing to the deployment of multiple devices and systems with different configurations. Therefore, integrating different systems poses a threat to end-users in terms of compatibility and interoperability.
In industries such as automotive, electronics, metal, and food and beverage, the integration of automated industrial quality control solutions becomes more difficult, as most of these systems depend on legacy systems. In addition, replacing legacy systems can become very cost intensive. Interoperability issues make it difficult for automated industrial quality control vendors to provide upgrades to the software. These factors are expected to restrict the growth of the market during the forecast period.
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd. - The company offers automated industrial quality control such as Network Platform 800 measurement scanners.
ATS Automation Tooling Systems Inc. - The company offers automated industrial quality control such as computerized instrumentation and custom test software.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market vendors, including:
The report offers clients a deeper understanding of the market and its players through a combined qualitative and quantitative analysis of the vendors. The analysis classifies vendors into categories based on their business approach, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak to understand the dos and don’ts of business which in turn can help a client make the best decision.
The automotive industry segment is expected to account for a significant share of the automated industrial QC market growth during the forecast period. Automotive assembly lines use automated industrial quality control systems to optimize the performance of assembly and material handling equipment, conveyor systems, industrial robots, and welding equipment. This enables a higher level of accuracy in traditional manufacturing processes.
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The automotive industry segment was valued at USD 240.27 million in 2017 and continued to grow until 2021. The global automotive industry is expected to grow due to the rising demand for cars and light commercial vehicles. The growing population and rising disposable income levels in developing countries are driving the growth of this sector, which is likely to expand production capacities in the automotive industry. In addition, the rising penetration of EVs in the global automotive market, along with the need for highly efficient and performance-driven vehicles, is expected to drive the growth of this segment during the forecast period.
The hardware and software segment will account for a significant share of market growth during the forecast period. Automated industrial quality control systems use hardware and software to perform the desired operations in manufacturing. They need high-end quality control systems, including cameras, scanners, and machining centers to increase overall productivity. They are controlled using highly user-friendly software interfaces. Vendors are focusing their R&D expenses on automated industrial quality control for specific industries, such as automotive, electronics, and metal manufacturing. This has created a huge opportunity for automated industrial quality control hardware and software. Thus, the adoption of automated industrial quality control by end-users will drive the segment during the forecast period.
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Europe is estimated to contribute 31% to the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.
Companies in Europe are shifting toward the smart factory concept to increase the productivity of industrial plants. For instance, in March 2023, Schneider Electric SE announced an investment in a new smart factory in Dunavesce, Hungary. Industries such as food and beverage and automotive will increase the installation of such robots and automated industrial quality control solutions to ensure safer and more effective handling of processes. Therefore, there are significant growth opportunities for vendors to expand in this region. The trend of smart factories has fueled the growth of the automated industrial quality control solutions market in this region. Major companies in the process and discrete industries are trying to increase the benefits of using advanced technologies to improve their productivity and reduce the overall cost of production. Such developments are expected to provide high growth opportunities for automated industrial quality control vendors in Europe, which, in turn, will drive the regional automated industrial QC market growth during the forecast period.
In 2020, COVID-19 affected the growth of several industries, including automotive, industrial machinery, construction, and hospitality, across the world. However, lockdown restrictions were removed in 2021 owing to large-scale vaccination drives. This led to a surge in the operations in the automotive, electronics, and other industries, which are the major users of automated industrial quality control solutions. Such factors will drive global market growth during the forecast period.
The automated industrial quality control (QC) market report forecasts market growth by revenue at global, regional, & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
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Automated Industrial Quality Control (QC) Market Scope |
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Report Coverage |
Details |
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Page number |
169 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.66% |
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Market growth 2023-2027 |
USD 242.06 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
5.0 |
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Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
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Performing market contribution |
Europe at 31% |
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Key countries |
US, China, Japan, Germany, and France |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABB Ltd., ATS Automation Tooling Systems Inc., Carl Zeiss Stiftung, Emerson Electric Co., General Electric Co., Honeywell International Inc., IVISYS, Keyence Corp., MasterControl Solutions Inc., Mitsubishi Electric Corp., NANOTRONICS IMAGING INC., OMRON Corp., Renishaw Plc, RNA Automation Ltd., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Texas Instruments Inc., Yokogawa Electric Corp., and Shelton Machines Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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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. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Solution
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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