Growth drivers: expanding pharmaceuticals and food & beverages sectors; stricter quality/safety regulations; rising automation and advanced inspection systems; demographic shifts (aging populations) increasing demand for examination devices.
Segmentation:
By Type: Fully automatic, Semi-automatic, Manual.
By Product: Vision inspection systems, X-ray inspection systems, Leak detection systems, Checkweighers, Metal detectors, Software, Others.
By End User: Food & Beverages, Pharmaceuticals, Others.
COVID-19 impact: Short-term sales dip in 2020 due to supply chain disruptions, followed by recovery driven by F&B and pharma demand and facility reopenings.