GITNUX MARKETDATA REPORT 2024

Digital Inspection Industry Statistics

The digital inspection industry is projected to experience rapid growth in the coming years driven by technological advancements and increased demand for efficient inspection solutions across various sectors.

Statistic 1

"The global digital inspection market size was valued at $18.47 billion in 2020."

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Statistic 2

"It is projected that the digital inspection industry will grow at a CAGR of 7.2% from 2021-2026."

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Statistic 3

"The industrial sector accounts for the largest share of the digital inspection market."

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Statistic 4

"The Asia-Pacific region is expected to grow at the highest CAGR in the digital inspection market between 2021-2026."

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Statistic 5

"The digital inspection market in North America was worth $6.13 billion in 2020."

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Statistic 6

"The hardware segment held the largest share of the digital inspection industry in 2020."

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Statistic 7

"Non-destructive testing accounted for the largest market share in the applications segment in 2020."

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Statistic 8

"The aerospace & defense sector accounted for the second-largest share of the digital inspection market in 2020."

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Statistic 9

"The Latin America market for digital inspection is expected to exhibit a CAGR of 8.7% over the forecast period."

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Statistic 10

"The automotive sector's share in the digital inspection market was worth $5.13 billion in 2020."

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Statistic 11

"The electronics & semiconductor sector will likely experience a growth rate of 6.7% in the digital inspection industry over the forecast period."

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Statistic 12

"Digital radiography held a 12% share of the digital inspection market in 2020."

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Statistic 13

"It is expected that by 2023, every second medium to large-sized metalworking company will use digital twin technology in production planning, which includes digital inspection."

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Statistic 14

"Companies leveraging digital inspection technology have reported a 30% increase in operational efficiency."

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Statistic 15

"Drone technology, used in digital inspections, is expected to grow to $1.2 billion by 2025."

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Statistic 16

"The adoption rate of AI-powered digital inspections in the oil & gas industry has increased by 25% since 2018."

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