The global Industrial Endoscope market was valued at 49.25 Million USD in 2021 and will grow with a CAGR of 4.47% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

An industrial borescope camera is used to see in walls, inspect pipes and see inside engines. A borescope inspection is performed in automotive, HVAC, plumbing and machine maintenance and repair, because an industrial borescope camera allows for the nondestructive inspection of hard-to-reach places such as drains, sewer pipes, heating vents, air ducts, furnaces, motors, pistons, gears, valves, compressors, boilers and condenser tubes. Thanks to flexible cables and lightweight enclosures, borescope cameras are extremely agile and mobile. Overview of Borescope An industrial borescope inspection camera helps the user locate potential problems quickly and easily without the need to dismantle a system or machine, allowing corrective measures to be taken before costly downtime occurs.A video industrial borescope is used by industrial quality control professionals as well as by mechanics, plumbers, pipefitters, electricians, engineers, building inspectors, security and law enforcement officers, locksmiths, and heating, ventilation and air conditioning (HVAC) technicians. A borescope is the ideal tool for practical applications such as investigating the internal components of a larger mechanism. In addition, a borescope is used for research in schools and universities. The classification of Industrial Endoscope includes Fiberscopes, Rigid Borescopes and Others, and the proportion of Fiberscopes in 2016 is about 78.7%, and the proportion is increasing trend from 2012 to 2016. Japan region is the largest supplier of Industrial Endoscope, with a revenue market share nearly 42% in 2016. North America is the second largest supplier of Industrial Endoscope, enjoying revenue market share nearly 26.5% in 2016. North America is the largest consumption place, with a consumption market share nearly 27% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 21.3%. Market competition is not intense. Olympus, GE, Karl Storz, SKF and MORITEX etc. are the leaders of the industry. Olympus is the global leading manufacturer, with the revenue market share about 40.5% in 2016.

By Market Verdors:

Olympus

GE

Karl Storz

SKF

viZaar

IT Concepts

Mitcorp

Yateks

3R

Coantec

Gradient Lens

AIT

Wohler

SENTECHAMAR NARAIN

By Types:

Fiberscopes

Rigid Borescopes

By Applications:

Automotive Industry

Power Industry

Aerospace Industry

Construction Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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