The video inspection equipment market in AsiaPacificis expected to grow from US$ 344.4million in 2019 to US$ 584.0 million by 2027; it is estimated to grow at a CAGR of 7.0% from 2020 to 2027.
The rising manufacturing facilities and growing industrial hubs are expected to drive the growth of the video inspection equipment market.The region is likely to lead the market owing to heavy investments in the manufacturing & construction and food &beverage industry, where the demand for video inspection equipment is growing. Further, the rising awareness and security across various verticals is driving the growth of the video inspection equipment market.
With the introduction of new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive thegrowth of the video inspection equipment market. The Asia Pacific video inspection equipment market is expected to grow at a good CAGR during the forecast period.
AsiaPacific Video Inspection Equipment Market Revenue and Forecast to 2027 (US$ Mn)
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AsiaPacificVideo Inspection Equipment MarketSegmentation
AsiaPacificVideo Inspection Equipment Market,by Component
- Cameras
- Transporters
- Monitors & Recorders
- Software
- Others
AsiaPacificVideo Inspection Equipment Market,byApplication
- Drain & Sewer
- Electrical Conduit & Ducts
- Pipeline
- Others
AsiaPacificVideo Inspection Equipment Market,by EndUser
- Oil & Gas
- Manufacturing & Construction
- Food & Beverages
- Chemicals & Pharmaceuticals
- Others
AsiaPacificVideo Inspection Equipment Market,by Country
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
AsiaPacificVideo Inspection Equipment Market-Companies Mentioned
- Envirosight LLC
- CUES, Inc.
- IBAK Helmut Hunger GmbH & Co. KG
- Vivax-Metrotech Corporation
- TechCorr
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Application, End User, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 Video Inspection Equipment Market – By Component
1.2.2 Video Inspection Equipment Market – By Application
1.2.3 Video Inspection Equipment Market – By End User
1.2.4 Video Inspection Equipment Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Video Inspection Equipment Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific
4.3 Ecosystem Analysis
5. Video Inspection Equipment –Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Use of Advanced Inspection Equipment
5.1.2 Growth in Manufacturing and Constructional Projects
5.2 Market Restraints
5.2.1 Limited Use of Video Inspection Equipment in Developing Countries
5.3 Market Opportunities
5.3.1 Growing On-Shore and Off-Shore Activities
5.4 Future Trends
5.4.1 Rising Adoption of Robotic Video Inspection Equipment
5.5 Impact Analysis of Drivers and Restraints
6. Video Inspection Equipment Market – Asia-Pacific Analysis
6.1 Video Inspection Equipment Market Asia-Pacific Overview
6.2 Asia-Pacific Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
7. Video Inspection Equipment Market Analysis – By Component
7.1 Overview
7.2 Asia-Pacific: Video Inspection Equipment Market Breakdown, by Component, 2019 & 2027
7.3 Cameras
7.3.1 Overview
7.3.2 Cameras Market Revenue and Forecast to 2027 (US$ Million)
7.4 Transporters
7.4.1 Overview
7.4.2 Transporters Market Revenue and Forecast to 2027 (US$ Million)
7.5 Monitors & Recorders
7.5.1 Overview
7.5.2 Monitors & Recorders Market Revenue and Forecast to 2027 (US$ Million)
7.6 Software
7.6.1 Software Market Revenue and Forecast to 2027 (US$ Million)
7.7 Other Components
7.7.1 Overview
7.7.2 Other Component Market Revenue and Forecast to 2027 (US$ Million)
8. Video Inspection Equipment Market Analysis – By Application
8.1 Overview
8.2 Asia-Pacific Video Inspection Equipment Market Breakdown, By Application, 2019 & 2027
8.3 Drain & Sewer
8.3.1 Overview
8.3.2 Drain & Sewer Market Forecast and Analysis
8.4 Electrical Conduit & Ducts
8.4.1 Overview
8.4.2 Electrical Conduit & Ducts Market Forecast and Analysis
8.5 Pipeline
8.5.1 Overview
8.5.2 Pipeline Market Forecast and Analysis
8.6 Other Applications
8.6.1 Overview
8.6.2 Other Applications Market Forecast and Analysis
9. Video Inspection Equipment Market Analysis – By End User
9.1 Overview
9.2 Asia-Pacific Video Inspection Equipment Market Breakdown, By End User, 2019 & 2027
9.3 Oil & Gas
9.3.1 Overview
9.3.2 Oil & Gas Market Forecast and Analysis
9.4 Manufacturing & Construction
9.4.1 Overview
9.4.2 Manufacturing & Construction Market Forecast and Analysis
9.5 Food & Beverages
9.5.1 Overview
9.5.2 Food & Beverages Market Forecast and Analysis
9.6 Chemicals & Pharmaceuticals
9.6.1 Overview
9.6.2 Chemicals & Pharmaceuticals Market Forecast and Analysis
9.7 Other End Users
9.7.1 Overview
9.7.2 Other End Users Market Forecast and Analysis
10. Video Inspection Equipment Market Analysis– By Country
10.1 Asia-Pacific: Video Inspection Equipment Market
10.1.1 Asia-Pacific: Video Inspection Equipment Market, by Key Country
10.1.1.1 China: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 China: Video Inspection Equipment Market, by Component
10.1.1.1.2 China: Video Inspection Equipment Market, by Application
10.1.1.1.3 China: Video Inspection Equipment Market, by End User
10.1.1.2 India: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 India: Video Inspection Equipment Market, by Component
10.1.1.2.2 India: Video Inspection Equipment Market, by Application
10.1.1.2.3 India: Video Inspection Equipment Market, by End User
10.1.1.3 Japan: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Japan: Video Inspection Equipment Market, by Component
10.1.1.3.2 Japan: Video Inspection Equipment Market, by Application
10.1.1.3.3 Japan: Video Inspection Equipment Market, by End User
10.1.1.4 South Korea: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.4.1 South Korea: Video Inspection Equipment Market, by Component
10.1.1.4.2 South Korea: Video Inspection Equipment Market, by Application
10.1.1.4.3 South Korea: Video Inspection Equipment Market, by End User
10.1.1.5 Australia: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.5.1 Australia: Video Inspection Equipment Market, by Component
10.1.1.5.2 Australia: Video Inspection Equipment Market, by Application
10.1.1.5.3 Australia: Video Inspection Equipment Market, by End User
10.1.1.6 Rest of APAC: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.6.1 Rest of APAC: Video Inspection Equipment Market, by Component
10.1.1.6.2 Rest of APAC: Video Inspection Equipment Market, by Application
10.1.1.6.3 Rest of APAC: Video Inspection Equipment Market, by End User
11. Video Inspection Equipment Market- COVID-19 Impact Analysis
11.1 Asia-Pacific
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Company Profiles
13.1 Envirosight LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 CUES, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 IBAK Helmut Hunger GmbH & Co. KG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Vivax-Metrotech Corp.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 TECHCORR
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Asia-Pacific Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Asia-Pacific: Video Inspection Equipment Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 3. Asia-Pacific: Video Inspection Equipment Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 4. Asia-Pacific: Video Inspection Equipment Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 5. China: Video Inspection Equipment Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 6. China: Video Inspection Equipment Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 7. China: Video Inspection Equipment Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 8. India: Video Inspection Equipment Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 9. India: Video Inspection Equipment Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. India: Video Inspection Equipment Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 11. Japan: Video Inspection Equipment Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 12. Japan: Video Inspection Equipment Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 13. Japan: Video Inspection Equipment Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 14. South Korea: Video Inspection Equipment Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 15. South Korea: Video Inspection Equipment Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 16. South Korea: Video Inspection Equipment Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 17. Australia: Video Inspection Equipment Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 18. Australia: Video Inspection Equipment Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 19. Australia: Video Inspection Equipment Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 20. Rest of APAC: Video Inspection Equipment Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 21. Rest of APAC: Video Inspection Equipment Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of APAC: Video Inspection Equipment Market, by End User –Revenue and Forecast to 2027 (US$ Million)
Table 23. List of Abbreviation
LIST OF FIGURES
Figure 1. Video Inspection Equipment Market Segmentation
Figure 2. Video Inspection Equipment Market Segmentation – By Country
Figure 3. Asia-Pacific Video Inspection Equipment Market Overview
Figure 4. Cameras Segment Held the Largest Market Share
Figure 5. Drain & Sewer Application Segment Held the Largest Market Share
Figure 6. Manufacturing & Construction held the Largest Market Share
Figure 7. Asia Pacific – PEST Analysis
Figure 8. Ecosystem Analysis
Figure 9. Video Inspection Equipment Market Impact Analysis of Drivers and Restraints
Figure 10. Asia-Pacific Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Asia-Pacific: Video Inspection Equipment Market Breakdown, by Component (2019 and 2027)
Figure 12. Asia-Pacific Cameras Market Revenue and Forecast to 2027(US$ Million)
Figure 13. Asia-Pacific Transporters Market Revenue and Forecast to 2027(US$ Million)
Figure 14. Asia-Pacific Monitors & Recorders Market Revenue and Forecast to 2027(US$ Million)
Figure 15. Asia-Pacific Software Market Revenue and Forecast to 2027(US$ Million)
Figure 16. Asia-Pacific Other Component Market Revenue and Forecast to 2027(US$ Million)
Figure 17. Asia-Pacific: Video Inspection Equipment Market Revenue Share, By Application (2019 and 2027)
Figure 18. Asia-Pacific Drain & Sewer Market Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Asia-Pacific Electrical Conduit & Ducts Market Revenue and Forecast to 2027 (US$ Mn)
Figure 20. Asia-Pacific Pipeline Market Revenue and Forecast to 2027 (US$ Mn)
Figure 21. Asia-Pacific Other Applications Market Revenue and Forecast to 2027 (US$ Mn)
Figure 22. Asia-Pacific: Video Inspection Equipment Market Revenue Share, By End User (2019 and 2027)
Figure 23. Asia-Pacific Oil & Gas Market Revenue and Forecast to 2027(US$ Mn)
Figure 24. Asia-Pacific Manufacturing & Construction Market Revenue and Forecast to 2027(US$ Mn)
Figure 25. Asia-Pacific Food & Beverages Market Revenue and Forecast to 2027(US$ Mn)
Figure 26. Asia-Pacific Chemicals & Pharmaceuticals Market Revenue and Forecast to 2027(US$ Mn)
Figure 27. Asia-Pacific Other End Users Market Revenue and Forecast to 2027(US$ Mn)
Figure 28. Asia-Pacific: Video Inspection Equipment Market Revenue Share, By Key Country (2019 and 2027)
Figure 29. China: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. India: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Japan: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. South Korea: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Australia: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Rest of APAC: Video Inspection Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
The List of Companies - Asia Pacific Video Inspection Equipment Market
- Envirosight LLC
- CUES, Inc.
- IBAK Helmut Hunger GmbH & Co. KG
- Vivax-Metrotech Corporation
- TechCorr
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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