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.
The global average price of Borescopes is in the stable trend, from 4.06 K USD/Unit in 2012 to 3.98 USD/Unit in 2016. With the situation of global economy, prices will be in increasing trend in the following five years.
The classification of Borescopes includes Flexible Borescopes and Rigid Borescopes. The proportion of Flexible Borescopes in 2016 is about 87%, and the proportion is in increasing trend from 2012 to 2016.
Borescopes is widely used in General Industry, Automotive, Aerospace, Construction and Other field. The most proportion of Borescopes is Automotive, and the proportion in 2016 is 34%. The trend of Automotive is increase.
Japan is the largest supplier of Borescopes, with a production market share nearly 31% in 2016. Europe is the second largest supplier of Borescopes, enjoying production market share nearly 28% in 2016.
North America is the largest consumption place, with a consumption market share nearly 28% in 2016. Following North America, China is the second largest consumption place with the consumption market share of 22%.
Market competition is not intense. Olympus, GE, Karl Storz, SKF and MORITEX etc. are the leaders of the industry.
According to this study, over the next five years the Borescopes market will register a 4.0% CAGR in terms of revenue, the global market size will reach USD 760 million by 2024, from USD 600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Borescopes business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Borescopes market by product type, application, key manufacturers and key regions and countries.
This study considers the Borescopes value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Flexible Borescopes
Rigid Borescopes
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
General Industry
Automotive
Aerospace
Construction
Other
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Olympus
GE
Karl Storz
SKF
MORITEX
Mitcorp
VIZAAR
Yateks
Gradient Lens
Lenox Instrument
AIT
Schindler
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Borescopes consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Borescopes market by identifying its various subsegments.
Focuses on the key global Borescopes manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Borescopes with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Borescopes submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
