Market Overview:
The global rigid borescopes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for rigid borescopes in various applications such as automotive industry, power industry, aerospace industry, construction industry and others. Additionally, the growing demand for minimally invasive surgeries is also contributing to the growth of this market.
Product Definition:
A rigid borescope is an instrument that uses a flexible optical fiber to transmit images of the interior of a pipe or other tubular object. It is important because it can help identify problems with pipes without having to remove them from their surroundings.
Semi Rigid:
Semi rigid or soft biopsy devices are used for the removal of tissue samples from the body. It is a less invasive procedure than a rigid biopsy and helps in determining cancer type, stage & grade as well as helps in monitoring the effectiveness of treatment.
Rigid:
Rigid Borescopes are used in endoscopy procedures to view the internal organs of patients. Rigid borescopes are also known as rigid endoscopes or rigid scope. They comprise a light source, optical fiber cable, and an eyepiece lens which is mounted on a flexible neck.
Application Insights:
The automotive industry accounted for the largest share of the North America market in 2017. The growing demand for advanced and complex tools, such as borescopes, is expected to drive the demand over the forecast period. In addition, increasing investments by major players in R&D activities pertaining to rigid boresights are likely to result in introduction of technologically advanced products that meet various performance requirements.
Power industry was one of the prominent application areas within Asia Pacific region owing to high penetration and usage of rigid boresights by power companies for accurate measurement & alignment during construction projects including new power plants and transmission lines. In addition, stringent regulations regarding safety related issues pertaining to electricity pylons are anticipated to further drive product demand over next seven years across various regions globally including China India & Australia due largely from foreign direct investment (FDI).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with the U.S. being the major contributor to regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing industrialization along with rising GDPs of various economies including China, India.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for rigid endoscopes is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the increasing demand for minimally invasive surgeries, which require the use of rigid endoscopes.
- Technological advancements: The development of new and innovative products, such as high-definition (HD) and 3D rigid endoscopes, is driving the growth of the market. These advanced products offer superior image quality and allow surgeons to perform complex procedures with greater accuracy and precision.
- Rising incidence of gastrointestinal diseases: The incidence of gastrointestinal diseases, such as colorectal cancer, Crohn’s disease, and ulcerative colitis, is on the rise globally due to changing lifestyles and dietary habits. This is leading to an increase in demand for diagnostic and therapeutic procedures that involve the use of rigid endoscopes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rigid Borescopes Market Research Report
By Type
Semi Rigid, Rigid
By Application
Automotive Industry, Power Industry, Aerospace Industry, Construction Industry, Others
By Companies
Olympus, GE, Karl Storz, SKF, viZaar, Mitcorp, VIZAAR, Yateks, Schindler, Lenox Instrument, IT Concepts, Mitcorp, Yateks, 3R, Coantec, Gradient Lens, AIT, Wohler, SENTECH, Baker Hughes, FLIR, Stanlay, FLUKE, JME Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Rigid Borescopes Market Report Segments:
The global Rigid Borescopes market is segmented on the basis of:
Types
Semi Rigid, Rigid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Industry, Power Industry, Aerospace Industry, Construction Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Olympus
- GE
- Karl Storz
- SKF
- viZaar
- Mitcorp
- VIZAAR
- Yateks
- Schindler
- Lenox Instrument
- IT Concepts
- Mitcorp
- Yateks
- 3R
- Coantec
- Gradient Lens
- AIT
- Wohler
- SENTECH
- Baker Hughes
- FLIR
- Stanlay
- FLUKE
- JME Technologies
Highlights of The Rigid Borescopes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Semi Rigid
- Rigid
- By Application:
- Automotive Industry
- Power Industry
- Aerospace Industry
- Construction Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rigid Borescopes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rigid Borescopes are a type of telescope that uses a rigid mirror to collect light. This allows the telescope to be very lightweight and compact, which makes it perfect for use in small spaces.
Some of the major companies in the rigid borescopes market are Olympus, GE, Karl Storz, SKF, viZaar, Mitcorp, VIZAAR, Yateks, Schindler, Lenox Instrument, IT Concepts, Mitcorp, Yateks, 3R, Coantec, Gradient Lens, AIT, Wohler, SENTECH, Baker Hughes, FLIR, Stanlay, FLUKE, JME Technologies.
The rigid borescopes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rigid Borescopes Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Rigid Borescopes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Rigid Borescopes Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Rigid Borescopes Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Rigid Borescopes Market Size & Forecast, 2018-2028 4.5.1 Rigid Borescopes Market Size and Y-o-Y Growth 4.5.2 Rigid Borescopes Market Absolute $ Opportunity
Chapter 5 Global Rigid Borescopes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Rigid Borescopes Market Size Forecast by Type
5.2.1 Semi Rigid
5.2.2 Rigid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rigid Borescopes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Rigid Borescopes Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Power Industry
6.2.3 Aerospace Industry
6.2.4 Construction Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rigid Borescopes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rigid Borescopes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Rigid Borescopes Analysis and Forecast
9.1 Introduction
9.2 North America Rigid Borescopes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Rigid Borescopes Market Size Forecast by Type
9.6.1 Semi Rigid
9.6.2 Rigid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Rigid Borescopes Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Power Industry
9.10.3 Aerospace Industry
9.10.4 Construction Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Rigid Borescopes Analysis and Forecast
10.1 Introduction
10.2 Europe Rigid Borescopes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Rigid Borescopes Market Size Forecast by Type
10.6.1 Semi Rigid
10.6.2 Rigid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Rigid Borescopes Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Power Industry
10.10.3 Aerospace Industry
10.10.4 Construction Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Rigid Borescopes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rigid Borescopes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Rigid Borescopes Market Size Forecast by Type
11.6.1 Semi Rigid
11.6.2 Rigid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Rigid Borescopes Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Power Industry
11.10.3 Aerospace Industry
11.10.4 Construction Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Rigid Borescopes Analysis and Forecast
12.1 Introduction
12.2 Latin America Rigid Borescopes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Rigid Borescopes Market Size Forecast by Type
12.6.1 Semi Rigid
12.6.2 Rigid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Rigid Borescopes Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Power Industry
12.10.3 Aerospace Industry
12.10.4 Construction Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Rigid Borescopes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rigid Borescopes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Rigid Borescopes Market Size Forecast by Type
13.6.1 Semi Rigid
13.6.2 Rigid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Rigid Borescopes Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Power Industry
13.10.3 Aerospace Industry
13.10.4 Construction Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rigid Borescopes Market: Competitive Dashboard
14.2 Global Rigid Borescopes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Olympus
14.3.2 GE
14.3.3 Karl Storz
14.3.4 SKF
14.3.5 viZaar
14.3.6 Mitcorp
14.3.7 VIZAAR
14.3.8 Yateks
14.3.9 Schindler
14.3.10 Lenox Instrument
14.3.11 IT Concepts
14.3.12 Mitcorp
14.3.13 Yateks
14.3.14 3R
14.3.15 Coantec
14.3.16 Gradient Lens
14.3.17 AIT
14.3.18 Wohler
14.3.19 SENTECH
14.3.20 Baker Hughes
14.3.21 FLIR
14.3.22 Stanlay
14.3.23 FLUKE
14.3.24 JME Technologies