According to the recent research report titled ‘Global Borescope Market, 2021-2027’, available with MarketstudyReport, global borescope market size is projected to multiply with a CAGR of 4.3% during 2021-2027.
 

Global borescope market growth is primarily driven by rising adoption of automation solutions in manufacturing industries, surging demand for power plant maintenance, and increased operational productivity requirements across various industries.
 

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For the unversed, borescope is an optical instrument used to inspect the interiors of a structure. It is inserted into the item of interest without causing any damage to the item, thereby minimizing repair time and costs. It is used to inspect welding joints, hydraulic components, aircraft operations, gas turbines, and heat exchangers among others.
 

Speaking of challenges, the outbreak of COVID-19 pandemic forced end user factories to shut down and subsequently plunged industry demand.
 

With respect to product type, global borescope market is divided into video, endoscopes, flexible, rigid, and semi-rigid. Of these, video segment is slated to observe considerable growth over 2021-2027, owing to its ability to deliver superior quality images as compared to its counterparts. The video borescope has a huge diameter and a wide range, and is utilized to inspect pumps, gearboxes, motors, pulp and paper rollers, generators, pipelines, tubes, and turbines.
 

Based on application scope, the industry segmentation is comprised of pharmaceuticals, oil & gas, manufacturing, food & beverages, construction, and automotive. Automotive segment is slated to grow substantially in the coming years, attributable to rising vehicle production and surging demand for borescope from the auto industry to inspect linings, transmission systems, frames, and mufflers.
 

Coming to regional landscape, South America, Middle East & Africa, North America, Latin America, Asia Pacific, and Europe are the regions covered for the assessment of the overall market development. Among these, Asia Pacific is anticipated to account for significant market share through 2027, creditable to growing automation in manufacturing industry, increasing infrastructural development activities, and rising power generation in emerging economies like China and India.