DUBLIN--(BUSINESS WIRE)--The "Asia Pacific Video Inspection Equipment Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component, Application, End User, and Country" report has been added to ResearchAndMarkets.com's offering.
The video inspection equipment market in expected to grow from US$ 344.4 million 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 presence of huge population in the region has led to a high demand for residential and commercial construction activities. APAC comprises several developing economies such as China and India, along with many Southeast Asian countries, which generate robust demands for infrastructure projects. The rising population of these countries is the main driver for the growth of the construction industry in the region.
Further, the governments of various economies in the region are taking several measures to attract private investments in construction and infrastructure development, which is accelerating the demand for deploying sewer systems for better water facilities in the region. The demand for sewer systems would lead to the growth of video inspection equipment market in order to inspect the sewer system. Hence, the above mentioned factors are driving the growth of the video inspection equipment market in APAC.
In terms of end user, the manufacturing & construction segment led the video inspection equipment market in 2019. Underground drainage systems, manholes and vaults, electrical conduits, gas lines, water lines, pipelines, and fire water lines are some of the applications of video inspection tools in the construction industry.
The video inspection camera assists in identifying debris and other left-over objects from construction such as welding rods, paper dams, plastic caps on PSVs, gloves, and other PPE. In buildings, the video inspection equipment further assists in identifying damages caused due to climatic and biological influences. A growing number of projects across the region drive the growth of the video inspection equipment market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia-Pacific video inspection equipment market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia-Pacific video inspection equipment market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia-Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Key Topics Covered:
1. Introduction
1.1 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
7.5 Monitors & Recorders
7.6 Software
7.7 Other Components
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
8.5 Pipeline
8.6 Other Applications
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
9.5 Food & Beverages
9.6 Chemicals & Pharmaceuticals
9.7 Other End Users
10. Video Inspection Equipment Market Analysis- By Country
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
13.4 Vivax-Metrotech Corp.
13.5 TECHCORR
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