Visual Inspection (VT) Market Size and Share

Visual Inspection (VT) Market (2025 - 2030)
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Visual Inspection (VT) Market Analysis by Mordor Intelligence

The visual inspection market size reached USD 4.20 billion in 2025 and is forecast to climb to USD 5.87 billion by 2030, registering a 6.93% CAGR. The continued integration of artificial intelligence into non-destructive testing drives this expansion by enhancing defect detection accuracy, reducing inspection cycles, and enabling predictive maintenance. Demand is reinforced by mandatory quality regulations in the aerospace and defense sectors, rising investments in infrastructure rehabilitation, and the manufacturing industry’s push to automate labor-intensive tasks. As inspection tasks migrate from manual methods to AI-guided vision systems, vendors compete on software intelligence, connectivity, and the ability to deliver complete workflow solutions. The visual inspection market further benefits from the expansion of renewable-energy assets and tightening environmental, social, and governance (ESG) audit requirements, which favor continuous, data-rich inspection approaches.

Key Report Takeaways

  • By component, imaging systems held 45.6% of the visual inspection market share in 2024, while software and AI analytics are projected to record an 11.3% CAGR through 2030.
  • By portability, portable and handheld equipment commanded 46.1% of the visual inspection market size in 2024; meanwhile, automated and robotic solutions are projected to advance at a 13.7% CAGR through 2030.
  • By end-user industry, the oil and gas sector led with a 26.1% revenue share in 2024, whereas the automotive and transportation sector is forecast to expand at a 10.5% CAGR through 2030.
  • By geography, the Asia-Pacific region captured 36.2% of 2024 revenues and is projected to grow at an 8.4% CAGR through 2030. 

Segment Analysis

By Component – Software Intelligence Drives Hardware Evolution

Software and AI analytics are projected to grow at a 11.3% CAGR by 2030, whereas imaging hardware is expected to retain the largest share in 2024 at 45.6%. The visual inspection market relies on convolutional neural networks that self-learn defect classes, allowing manufacturers to reconfigure inspection rules without coding downtime. Lighting upgrades using high-output LEDs enhance edge detection in low-contrast materials. Accessory and consumable demand remains stable as lenses, cables, and calibration targets require periodic replacement. Services that bundle system rental, data analysis, and operator upskilling deliver subscription revenue, offsetting capital barriers for cost-sensitive buyers.

GE Aviation reduced turbine-blade inspection time from 45 minutes to 3 minutes by utilizing an AI vision platform, achieving a 99.8% detection accuracy. Cloud-hosted analytics distributes model updates to multiple plants overnight, standardizing quality metrics worldwide. Such capabilities enable the visual inspection market size for software subscriptions to outpace hardware revenue beyond 2028. Vendors differentiate through open APIs that integrate with manufacturing execution systems and industrial IoT stacks, ensuring data portability and enterprise-level cybersecurity.

Visual Inspection (VT) Market: Market Share by Component
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By Portability – Automation Transforms Inspection Economics

Portable and handheld devices accounted for 46.1% of 2024 revenue as field crews rely on lightweight cameras, borescopes, and tablets. Nonetheless, automated and robotic stations are projected to expand at a 13.7% CAGR through 2030. Robotics eliminates safety hazards in nuclear, petrochemical, and confined-space environments, enabling 24-hour operations without fatigue. Voliro’s aerial robots, deployed through partnerships with the three largest U.S. NDT service providers, finish flare-stack and storage-tank surveys up to ten times faster than rope-access teams.

Stationary benchtop machines excel in electronics and medical device assembly, where positional repeatability surpasses that of human dexterity. Automated cells are increasingly combining optical, ultrasonic, and thermal sensors to generate multimodal datasets in a single scan. Handheld units evolve through 5G links that offload imagery to edge servers for near-real-time AI analysis, blending portability with enterprise-wide data visibility.

By End-User Industry – Automotive Electrification Accelerates Demand

Oil and gas accounted for 26.1% of 2024 revenue, but automotive and transportation are expected to post the fastest growth rate of 10.5% through 2030. Battery and electric-motor production introduce microscopic defect criteria that autonomous vision consistently meets. BMW’s Spartanburg plant retrained AI models for new EV components within 48 hours, compared to six weeks under rule-based systems, demonstrating the agility critical to flexible manufacturing.

Aerospace, defense, and power generation sustain above-average spending due to safety mandates. Electronics fabrication requires sub-micron resolution optics paired with AI algorithms that surpass the capabilities of human inspectors for detecting chip-level faults. Marine and shipbuilding shift to drone inspection to limit dry-dock downtime, while mining seeks ruggedized portable cameras for ore-conveyor integrity.

Visual Inspection (VT) Market: Market Share by End-User Industry
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Geography Analysis

Asia-Pacific captured 36.2% of 2024 revenue and is forecast to grow at 8.4% CAGR through 2030. China’s drive to mitigate rising labor costs accelerates the adoption of fully automated cells in electronics and appliance lines. Japan leverages precision robotics in automotive and semiconductor plants, spurring domestic suppliers to pioneer advanced optics and lighting modules. India’s industrial corridors are investing in AI-assisted vision to meet export-quality mandates and overcome technician shortages.

North America ranks second, powered by aerospace certification demands and shale energy infrastructure that relies on pipeline integrity mapping. The visual inspection market size within the region benefits from defense R&D funding directed to autonomous swarm drones for large-area survey. Europe emphasizes ESG compliance, deploying AI vision across wind-turbine blades and solar farms to document sustainability metrics. The Middle East and Africa are expanding their oil-export capacity and erecting utility-scale photovoltaics, necessitating remote vision in harsh desert environments. South America is gradually modernizing its mining railways and offshore platforms, importing turnkey robotic inspection skids that can withstand corrosive marine climates.

Visual Inspection (VT) Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The visual inspection market remains moderately fragmented, with top players commanding mid-teens shares, while niche specialists thrive through software innovation. Olympus and Baker Hughes are pushing multisensor platforms that pair visual, ultrasonic, and eddy-current modules for aerospace certifications. Cognex integrates deep-learning software into smart cameras that adapt to variable lighting on high-mix assembly lines. Wabtec’s USD 300 million acquisition of Evident’s Inspection Technologies doubled its addressable digital-inspection revenue and broadened access to rail and mining clients.[4]Wabtec Corporation, “Acquisition of Evident’s Inspection Technologies Division,” wabtec.com

Start-ups focus on cloud-native analytics, zero-code model training, and subscription pricing that lowers entry thresholds. Partnerships proliferate: legacy NDT equipment makers license AI intellectual property to accelerate roadmap delivery, while AI firms seek hardware allies to validate real-time inference on-device. Suppliers differentiate themselves by offering open-architecture designs, allowing end-users to easily bolt on third-party algorithms and avoid vendor lock-in. As compliance bodies refine the ISO 9712 and ASNT SNT-TC-1A standards, vendors must certify both equipment and data governance protocols to secure enterprise contracts.

Visual Inspection (VT) Industry Leaders

  1. Olympus Corporation

  2. Baker Hughes Company (Waygate Technologies)

  3. Eddyfi Technologies Inc.

  4. MISTRAS Group Inc.

  5. Zetec Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Visual Inspection (VT) Market
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Recent Industry Developments

  • July 2025: Wabtec Corporation completed the USD 300 million acquisition of Evident’s Inspection Technologies division, expanding digital-intelligence capabilities across rail and mining assets.
  • June 2025: Nordic Inspekt Group agreed to purchase NDT Inspection and Consulting Oy and Ropetech Oy for EUR 10 million (USD 11.3 million), strengthening Nordic testing capacity.
  • April 2025: MISTRAS Group launched MISTRAS Data Solutions, unifying software platforms PCMS® and New Century Software under one digital-services umbrella.
  • March 2025: Testia completed the integration of InFactory Solutions, adding automated inspection to its production-automation portfolio.

Table of Contents for Visual Inspection (VT) Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising adoption of NDT standards in oil and gas
    • 4.2.2 Stringent safety and quality regulations in aerospace and defense
    • 4.2.3 Demand for automated inspection to reduce labor cost
    • 4.2.4 Aging infrastructure maintenance spending
    • 4.2.5 AI-powered defect recognition in micro-electronics
    • 4.2.6 ESG audits of solar and wind farms
  • 4.3 Market Restraints
    • 4.3.1 Shortage of certified visual testing technicians
    • 4.3.2 High cost of robotic inspection systems
    • 4.3.3 Data-liability concerns for cloud-connected devices
    • 4.3.4 Image-sensor supply chain volatility
  • 4.4 Industry Value Chain Analysis
  • 4.5 Impact of Macroeconomic Factors
  • 4.6 Regulatory Landscape
  • 4.7 Technological Outlook
  • 4.8 Porter’s Five Forces Analysis
    • 4.8.1 Threat of New Entrants
    • 4.8.2 Bargaining Power of Buyers
    • 4.8.3 Bargaining Power of Suppliers
    • 4.8.4 Threat of Substitutes
    • 4.8.5 Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Component
    • 5.1.1 Imaging Systems (Cameras and Borescopes)
    • 5.1.2 Lighting and Optics
    • 5.1.3 Software and AI Analytics
    • 5.1.4 Accessories and Consumables
    • 5.1.5 Services (Inspection, Rental, Training)
  • 5.2 By Portability
    • 5.2.1 Portable / Handheld
    • 5.2.2 Stationary / Benchtop
    • 5.2.3 Automated / Robotic
  • 5.3 By End-user Industry
    • 5.3.1 Oil and Gas
    • 5.3.2 Power Generation
    • 5.3.3 Aerospace
    • 5.3.4 Defense
    • 5.3.5 Automotive and Transportation
    • 5.3.6 Manufacturing and Heavy Engineering
    • 5.3.7 Construction and Infrastructure
    • 5.3.8 Chemical and Petrochemical
    • 5.3.9 Marine and Ship Building
    • 5.3.10 Electronics and Semiconductor
    • 5.3.11 Mining
    • 5.3.12 Medical Devices
    • 5.3.13 Others
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 South America
    • 5.4.2.1 Brazil
    • 5.4.2.2 Argentina
    • 5.4.2.3 Rest of South America
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Spain
    • 5.4.3.6 Rest of Europe
    • 5.4.4 Asia Pacific
    • 5.4.4.1 China
    • 5.4.4.2 Japan
    • 5.4.4.3 India
    • 5.4.4.4 South Korea
    • 5.4.4.5 South-East Asia
    • 5.4.4.6 Rest of Asia Pacific
    • 5.4.5 Middle East
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 United Arab Emirates
    • 5.4.5.3 Turkey
    • 5.4.5.4 Rest of Middle East
    • 5.4.6 Africa
    • 5.4.6.1 South Africa
    • 5.4.6.2 Nigeria
    • 5.4.6.3 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Olympus Corporation
    • 6.4.2 Baker Hughes Company (Waygate Technologies)
    • 6.4.3 Fujifilm Holdings Corporation
    • 6.4.4 Carl Zeiss AG
    • 6.4.5 Nikon Corporation
    • 6.4.6 Cognex Corporation
    • 6.4.7 Teledyne Technologies Incorporated
    • 6.4.8 Eddyfi Technologies Inc.
    • 6.4.9 Ashtead Technology Ltd.
    • 6.4.10 MISTRAS Group Inc.
    • 6.4.11 Ametek Inc. (Vision Research)
    • 6.4.12 Cygnus Instruments Ltd.
    • 6.4.13 Magnaflux (Illinois Tool Works Inc.)
    • 6.4.14 Vizaar Industrial Imaging AG
    • 6.4.15 HIROX Co., Ltd.
    • 6.4.16 Sonatest Ltd.
    • 6.4.17 Zetec Inc.
    • 6.4.18 PCE Instruments UK Ltd.
    • 6.4.19 JIREH Industries Ltd.
    • 6.4.20 MFE Enterprises Inc.
    • 6.4.21 Rototech Systems Ltd.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and unmet-need assessment
*List of vendors is dynamic and will be updated based on the customized study scope
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Global Visual Inspection (VT) Market Report Scope

By Component
Imaging Systems (Cameras and Borescopes)
Lighting and Optics
Software and AI Analytics
Accessories and Consumables
Services (Inspection, Rental, Training)
By Portability
Portable / Handheld
Stationary / Benchtop
Automated / Robotic
By End-user Industry
Oil and Gas
Power Generation
Aerospace
Defense
Automotive and Transportation
Manufacturing and Heavy Engineering
Construction and Infrastructure
Chemical and Petrochemical
Marine and Ship Building
Electronics and Semiconductor
Mining
Medical Devices
Others
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific China
Japan
India
South Korea
South-East Asia
Rest of Asia Pacific
Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Rest of Africa
By Component Imaging Systems (Cameras and Borescopes)
Lighting and Optics
Software and AI Analytics
Accessories and Consumables
Services (Inspection, Rental, Training)
By Portability Portable / Handheld
Stationary / Benchtop
Automated / Robotic
By End-user Industry Oil and Gas
Power Generation
Aerospace
Defense
Automotive and Transportation
Manufacturing and Heavy Engineering
Construction and Infrastructure
Chemical and Petrochemical
Marine and Ship Building
Electronics and Semiconductor
Mining
Medical Devices
Others
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific China
Japan
India
South Korea
South-East Asia
Rest of Asia Pacific
Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Rest of Africa
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Key Questions Answered in the Report

What is the forecast CAGR for the visual inspection market through 2030?

The market is projected to expand at a 6.93% CAGR from 2025 to 2030.

Which component category is growing fastest?

Software and AI analytics lead growth, advancing at an 11.3% CAGR through 2030 as manufacturers prioritize intelligent defect recognition.

Why is Asia-Pacific the leading regional market?

Electronics density, rapid automation adoption, and infrastructure build-out propel the Asia-Pacific region to a 36.2% revenue share in 2024, with the region growing at an 8.4% CAGR.

How does automation reduce visual inspection labor costs?

Entry-level automated cells offer an 18-24 month payback by eliminating manual shifts and delivering consistent, round-the-clock pass/fail decisions.

Which end-user sector will expand the fastest?

The automotive and transportation sector is forecast to post a 10.5% CAGR due to stringent quality demands for battery and autonomous-vehicle component production.

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