Video Borescopes Market, By Type, By Diameter, By Application, By Price, By Geography

PUBLISHED: January 22, 2024

PAGES: 172 Pages

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Description

Global video borescopes market is estimated to be valued at US$ 745.6 Mn in 2023, and is expected to reach US$ 1,345.9 Mn by 2030, exhibiting a compound annual growth rate (CAGR) of 8.8% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 745.6 Mn
Historical Data for:	2017 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	8.80%	2030/2031 Value Projection:	US$ 1,345.9 Mn

Figure 1. Global Video Borescopes Market Share (%), By Region, 2023

Video borescopes are flexible tubes with a tiny video camera on the end that enables visual inspection in small areas. These are helpful for inspecting confined spaces such as pipes, engines, and other machinery. A video borescope shows the image in real time by using conductive wires that feed back to an electronic screen. These can capture pictures and movies for subsequent viewing or analysis. Video borescopes are sophisticated inspection tools featuring a flexible insertion tube, and a camera at the tip that enable users to visually check and capture high-resolution video or photos of difficult-to-reach regions.

Market Dynamics:

Growing adoption of video borescopes for inspection in hard-to-reach areas are expected to fuel growth of the global video borescopes market over the forecast period. Video borescopes are indispensable for industrial maintenance and inspection tasks. Requirements for safety and compliance will also continue to fuel growth of the global video borescopes market over the forecast period. In the aerospace, oil and gas, and power generation sectors, safety rules and compliance standards demand stringent inspection and maintenance procedures. Compatibility with data analysis and artificial intelligence will create new opportunities for the global video borescopes market over the forecast period. The capabilities and value proposition of video borescopes can be improved by combining them with AI and data analysis technology.

Accessibility challenges in complex environments are expected to hamper growth of the global video borescopes market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the global video borescopes market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global video borescopes market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Olympus Corporation, Karl Storz GmbH & Co. KG, SKF Group, FLIR Systems, Inc., Yateks Corporation, PCE Instruments, Vizaar Industrial Imaging AG, VJ Technologies, Inc., Gradient Lens Corporation, Medit Inc., RF System Lab (now owned by Olympus Corporation), Coantec Automation Technology Co., Ltd.,
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global video borescopes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global video borescopes market

Detailed Segmentation:

Global Video Borescopes Market, By Type:
- Rigid Video Borescopes
- Flexible Video Borescopes
Global Video Borescopes Market, By Diameter:
- 0 to 5mm
- 5mm to 10mm
- Above 10mm
Global Video Borescopes Market, By Application:
- Automotive
- Aerospace
- Manufacturing
- Power Generation
- Oil and Gas
- Healthcare
- Infrastructure
- Others
Global Video Borescopes Market, By Price:
- High
- Medium
- Low
Global Video Borescopes Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profile:
- Olympus Corporation
- Karl Storz GmbH & Co. KG
- SKF Group
- FLIR Systems, Inc.
- Yateks Corporation
- PCE Instruments
- Vizaar Industrial Imaging AG
- VJ Technologies, Inc.
- Gradient Lens Corporation
- Medit Inc.
- RF System Lab (now owned by Olympus Corporation)
- IT Concepts GmbH

Product Code: CMI6056

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Diameter
- Market Snippet, By Application
- Market Snippet, By Price
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Growing adoption of video borescopes for inspection in hard-to-reach areas
Requirements for safety and compliance
- Restraints
Accessibility challenges in complex environments
- Opportunities
Compatibility with data analysis and artificial intelligence
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Video Borescopes Market, By Type, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Rigid Video Borescopes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Flexible Video Borescopes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)

5. Global Video Borescopes Market, By Diameter, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
0 to 5mm
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
5mm to 10mm
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Above 10mm
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)

6. Global Video Borescopes Market, By Application, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Aerospace
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Power Generation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Oil and Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Infrastructure
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)

7. Global Video Borescopes Market, By Price, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Low
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Medium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
High
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)

8. Global Video Borescopes Market, By Region, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Diameter, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Price, 2023-2030, (US$ Mn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Diameter, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Price, 2023-2030, (US$ Mn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Diameter, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Price, 2023-2030, (US$ Mn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Diameter, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Price, 2023-2030, (US$ Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Diameter, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Price, 2023-2030, (US$ Mn)
Israel
South Africa
North Africa
Central Africa
Rest of Middle East

9. Competitive Landscape

Olympus Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Karl Storz GmbH & Co. KG
SKF Group
FLIR Systems, Inc.
Yateks Corporation
PCE Instruments
Vizaar Industrial Imaging AG
VJ Technologies, Inc.
Gradient Lens Corporation
Medit Inc.
RF System Lab (now owned by Olympus Corporation)
IT Concepts GmbH
Analyst Views