Aviation Borescope Market - Global Forecast to 2030
Aviation borescopes are mainly referred to as industrial endoscopes and video scopes. Borescopes are like inspection cameras widely used in aviation and aeronautics industries. To ensure optimal performance standards of internal components, aviation specialists use aircraft borescopes as a visual inspection tool for helicopters, fixed-wing aircraft, and aircraft engines. It's a device used to monitor a structure's interiors. In addition, borescope also helps to provide safety surveillance in aircraft engines, especially gas turbines, industrial gas turbines, steam turbines, and fuel systems.
The global aviation borescope market size is expected to grow from USD XX million in 2024 to USD XX million by 2030, at a CAGR of XX%. The key factors boosting market growth are the rising need and demand for advanced equipment for different inspections in the aviation industry and stringent safety regulations in this sector.
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Drivers:High efficiency and time savings in the inspection process
With the help of a borescope, the maintenance crew in the aviation industry can easily conduct thorough inspections of an aircraft without disassembling the entire engine. In case of any defect, the aircraft crew can perform a targeted repair with the help of a borescope, which saves their time and operational costs. In addition, an engine borescope can also be used to perform routine aircraft cleaning procedures in a short time and with less expense.
Improvement in aircraft engines’ lifespan
Any incident or damage to an aircraft engine can lead to a decrease in its lifespan. Also, extensive repairs that require rebuilding and disassembling the engine may reduce an aircraft’s lifespan. Hence, it is necessary to conduct a routine borescope inspection to spot minor problems early. Performing small, targeted, and timely repairs using a borescope could improve the aircraft’s lifespan. Hence, the adoption of aviation borescopes is rising in the aviation sector.
Challenges: Limited motion and viewing capability
One of the most critical challenges with the borescope is its limited motion and viewing capability in tight spaces. Due to its limited maneuverability, some rigid borescopes may not be able to efficiently inspect all the places. Hence, these borescopes can only be used where only the subject's linear and straight viewing access is available.
Key players in the market
Aerofield Services (US), Advanced Inspection Technologies Inc. (US), Applied Technical Services. (US), Baker Hughes Company (US), Fluke Corporation (US), General Electric Company (US), Gradient Lens Corporation. (US), JME Technologies (US), and KARL STORZ (Germany) are some of the global aviation borescope players.
Recent Developments
- In March 2022, Applied Technical Services deployed a premium borescope that helps to measure indications precisely with high resolution vessel/push cameras and robotics capable of delivering a payload.
- In February 2022, Waygate Technologies, which is a Baker Hughes Company business, upgraded its high-end Everest Mentor Visual iQ (MViQ) VideoProbe for visual inspection remotely. The software upgrade offers some of the most advanced video borescopes with built-in artificial intelligence (AI) features.
- In July 2021, Waygate Technologies, a Baker Hughes Company business considered a world leader in industrial nondestructive testing (NDT) solutions, launched the new Everest Mentor Flex VideoProbe.
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TABLE OF CONTENTS
1 INTRODUCTION
1.1. Study Objectives
1.2. Market Definition
1.3. Study Scope
1.3.1. Markets Covered
1.3.2. Geographic Scope
1.3.3. Years Considered for the Study
1.4. Currency
1.5. Limitations
1.6. Stakeholders
2 RESEARCH METHODOLOGY
2.1. Research Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Market Size Estimation
2.2.1. Bottom-Up Approach
2.2.2. Top-Down Approach
2.3. Market Breakdown and Data Triangulation
2.4. Research Assumptions
2.5. Risk Assessments
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.2.4. Challenges
5.3. Value Chain Analysis
5.4. Ecosystem Analysis
5.5. Revenue Shift and New Revenue Pockets for Aviation Borescope Market
5.6. Porter’s Five Forces Analysis
5.7. Case Study Analysis
5.8. Technology Analysis
5.9. Pricing Analysis
5.10. Key Stakeholders & Buying Criteria
5.11. Trade Analysis
5.12. Patent Analysis
5.13. Key Conferences & Events
5.14. Regulatory Bodies, Government Agencies, And Other Organizations
5.14.1. Standards
6 AVIATION BORESCOPE MARKET, BY AVIATION TYPE
6.1. Introduction
6.2. Commercial Aviation
6.3. Military Aviation
6.4. Business & General Aviation
7 AVIATION BORESCOPE MARKET, BY TYPE
7.1. Introduction
7.2. Video Borescopes
7.3. Flexible Borescopes
7.4. Semi-rigid Borescopes
7.5. Rigid Borescopes
8 AVIATION BORESCOPE MARKET, BY DIAMETER
8.1. Introduction
8.2. 0mm to 3mm
8.3. 3mm to 6mm
8.4. Above 6mm
9 AVIATION BORESCOPE MARKET, BY ANGLE
9.1. Introduction
9.2. 0° to 90°
9.3. 90° to 180°
9.4. 180° to 360°
10 AVIATION BORESCOPE MARKET, BY GEOGRAPHY
10.1. Introduction
10.2. North America
10.2.1. US
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. UK
10.3.3. France
10.3.4. Rest of Europe
10.4. Asia Pacific
10.4.1. China
10.4.2. Japan
10.4.3. India
10.4.4. South Korea
10.4.5. Rest of Asia Pacific
10.5. Rest of the World (RoW)
10.5.1. South America
10.5.2. Middle East
10.5.3. Africa
11 COMPETITIVE LANDSCAPE
11.1. Introduction
11.2. Top Company Revenue Analysis
11.3. Market Share/Rank Analysis
11.4. Company Evaluation Quadrant, 2021
11.4.1. Star
11.4.2. Emerging Leader
11.4.3. Pervasive
11.4.4. Participants
11.5. Small and Medium Enterprises (SMEs) Evaluation Quadrant, 2021
11.5.1. Progressive Companies
11.5.2. Responsive Companies
11.5.3. Dynamic Companies
11.5.4. Starting Blocks
11.6. Competitive Benchmarking
11.7. Aviation Borescope Market: Company Footprint
11.8. Competitive Situation and Trends
11.8.1. Product Launches
11.8.2. Deals
12 COMPANY PROFILES
12.1. Key Players
12.1.1. Aerofieldservices
12.1.2. AIT (Advanced Inspection Technologies)
12.1.3. ATSlab
12.1.4. Baker Hughes
12.1.5. Fluke
12.1.6. GE
12.1.7. Gradient Lens
12.1.8. JME Technologies
12.1.9. Karlstorz
12.1.10. Lenox
12.2. Other Key Players
12.2.1. Mitcorp
12.2.2. Moritex
12.2.3. Nexxis
12.2.4. Oasis Scientific
12.2.5. Olympus
12.2.6. Ome-Top Systems
12.2.7. PCE Instruments
12.2.8. RVI Ltd
12.2.9. SKF
12.2.10. Sofema
12.2.11. SPI Borescopes
12.2.12. USABorescopes
12.2.13. ViewTech
12.2.14. Vizaar
12.2.15. Yateks
13 Adjacent and Related Markets
14 Appendix
14.1. Insights of Industry Experts
14.2. Discussion Guide
14.3. Knowledge Store: MarketsandMarkets’ Subscription Portal
14.4. Available Customizations
14.5. Related Reports
14.6. Author Details
Note: This ToC is tentative and minor changes are possible as the study progresses.
Growth opportunities and latent adjacency in Aviation Borescope Market