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A borescope (occasionally called a boroscope, though this spelling is nonstandard) is an optical device consisting of a rigid or flexible tube with an eyepiece on one end, an objective lens on the other linked together by a relay optical system in between. The optical system in some instances is surrounded by optical fibers used for illumination of the remote object. An internal image of the illuminated object is formed by the objective lens and magnified by the eyepiece which presents it to the viewer's eye.
Due to the COVID-19 pandemic, the global Borescopes market size is estimated to be worth US$ 711 million in 2021 and is forecast to a readjusted size of US$ 945.1 million by 2028 with a CAGR of 4.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Borescopes market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Borescopes landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Global Borescopes key players include Olympus, GE, Karl Storz, SKF, MORITEX, etc. Global top five manufacturers hold a share about 70%. Japan is the largest market, with a share about 40%, followed by Europe, total with a share about 30 percent. In terms of product, Flexible Borescopes is the largest segment, with a share about 90%. And in terms of application, the largest application is Automotive, followed by General Industry, Construction, and Aerospace, etc.
This report focuses on Borescopes volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Borescopes market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Borescopes Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Flexible Borescopes
Rigid Borescopes
Segment by Application
General Industry
Automotive
Aerospace
Construction
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Olympus
GE
Karl Storz
SKF
MORITEX
Mitcorp
VIZAAR
Yateks
Gradient Lens
Lenox Instrument
AIT
Schindler
Due to the COVID-19 pandemic, the global Borescopes market size is estimated to be worth US$ 711 million in 2021 and is forecast to a readjusted size of US$ 945.1 million by 2028 with a CAGR of 4.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Borescopes market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Borescopes landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Global Borescopes key players include Olympus, GE, Karl Storz, SKF, MORITEX, etc. Global top five manufacturers hold a share about 70%. Japan is the largest market, with a share about 40%, followed by Europe, total with a share about 30 percent. In terms of product, Flexible Borescopes is the largest segment, with a share about 90%. And in terms of application, the largest application is Automotive, followed by General Industry, Construction, and Aerospace, etc.
This report focuses on Borescopes volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Borescopes market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Borescopes Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Flexible Borescopes
Rigid Borescopes
Segment by Application
General Industry
Automotive
Aerospace
Construction
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Olympus
GE
Karl Storz
SKF
MORITEX
Mitcorp
VIZAAR
Yateks
Gradient Lens
Lenox Instrument
AIT
Schindler
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
