An industrial borescope is a flexible or rigid optical inspection tool designed to visually examine inaccessible areas inside machinery, pipes, engines, and other industrial components without requiring disassembly. It helps detect defects, corrosion, blockages, and wear in critical systems, improving maintenance efficiency and preventing costly failures.
The primary types of industrial borescopes include flexible borescopes, rigid borescopes, video borescopes, and other variants. Flexible borescopes feature a bendable, snake-like probe that enables visual access to curved or hard-to-reach areas without dismantling equipment. These devices are widely used in industries such as automotive, aerospace, power generation, oil and gas, and manufacturing. Key end-users include industrial and commercial sectors, among others.
The industrial borescopes market research report is one of a series of new reports from The Business Research Company that provides industrial borescopes market statistics, including the industrial borescopes industry global market size, regional shares, competitors with the industrial borescopes market share, detailed industrial borescopes market segments, market trends, and opportunities, and any further data you may need to thrive in the industrial borescopes industry. This industrial borescopes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The industrial borescope market size has grown strongly in recent years. It will grow from $1.72 billion in 2024 to $1.83 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period was driven by the expansion of the aerospace and defense sector, the growth of the power generation industry, increasing demand for remote visual inspection (RVI), the rise of predictive maintenance strategies, and the expansion of oil and gas exploration and refining.
The industrial borescope market size is expected to see strong growth in the next few years. It will grow to $2.35 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. In the forecast period, growth is expected to be fueled by the rising demand for minimally invasive inspection methods, the shift toward smart manufacturing, increasing industrial automation, greater demand for inspection tools, and the growing focus on renewable energy. Key trends anticipated include the integration of artificial intelligence, machine learning in automation, advancements in 3D imaging and augmented reality, cloud-based data storage, enhanced video recording, and real-time live streaming capabilities.
The growth of the oil and gas industry is expected to drive the expansion of the industrial borescope market. The oil and gas industry is responsible for finding, producing, and selling fuel for energy and various other products, playing a vital role in the global economy by supplying power to industries, homes, and transportation. The growth in this sector is primarily driven by the increasing global energy demand and the need for energy security. Industrial borescopes are used in the oil and gas industry to inspect pipelines, equipment, and machinery in hard-to-reach areas without the need to dismantle them. This helps reduce downtime, cut maintenance costs, and ensure safety by identifying potential issues before they become critical. For example, in May 2023, the Energy Information Administration, a US-based government agency, reported that the United States produced 0.6 million barrels of crude oil per day (b/d) in 2022, a 5.6% increase from the previous year. As a result, the growth of the oil and gas industry is driving demand for industrial borescopes.
Key players in the industrial borescope market are focusing on technological innovations, such as advanced analytics, to enhance inspection capabilities, improve defect detection accuracy, and optimize maintenance processes. Advanced analytics involves using sophisticated techniques such as machine learning, artificial intelligence (AI), and big data analysis to gain deeper insights, predict outcomes, and optimize decision-making. For example, in February 2024, Waygate Technologies, a US-based provider of industrial inspection solutions, introduced the Everest Mentor Visual iQ+, an advanced video borescope featuring AI and machine learning to enhance data accuracy and reduce inspection time for critical applications in industries such as aviation and power generation. This model also includes an upgraded central processing unit (CPU) for increased productivity and Blade Counter 2.0, an AI-powered automation tool for efficient gas turbine inspections. Voice control, improved steering, and articulation further enhance the user experience and operational efficiency.
In April 2024, Rhinestahl Customer Tooling Solutions, a US-based OEM engine tooling provider, collaborated with Waygate Technologies to improve borescope inspections. This partnership aims to facilitate two-way communication between Rhinestahl CTS's FutureDriveNG+ tool and Waygate Technologies' Mentor Visual iQ+ borescope, streamlining the capture of images and measurements to enhance efficiency, accuracy, and speed in maintenance, repair, and overhaul (MRO) operations. Waygate Technologies specializes in advanced non-destructive testing (NDT) equipment and services.
Major players in the industrial borescope market are Emerson Electric Co., Olympus Corporation, Karl Storz GmbH & Co. KG, FLIR Systems Inc., Evident Scientific Inc., Shenzhen Yateks Co. Ltd., PCE Instruments UK Ltd., Wohler Technik GmbH, ViZaar Industrial Imaging AG, Gradient Lens Corporation, JME Technologies Inspection Systems Ltd., Zibra Corporation, Lenox Instrument Company, Advanced Inspection Technologies Inc., Medical Intubation Technology Corporation, USA Borescopes, Fiberscope, Oasis Scientific, Dart Systems, and VSNDT.
North America was the largest region in the industrial borescope market in 2024. The regions covered in industrial borescope report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the industrial borescope market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The industrial borescope market consists of sales of inspection cameras, pipe inspection cameras, articulating borescopes, and accessories. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Industrial Borescope Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on industrial borescope market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for industrial borescope ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The industrial borescope market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:1) By Type: Flexible Borescopes; Rigid Borescopes; Video Borescopes; Other Types
2) By Application: Automotive; Aerospace; Power Generation; Oil And Gas; Manufacturing; Other Applications
3) By End-User: Industrial; Commercial; Other End Users
Sub Segment:
1) By Flexible Borescopes: Fiber Optic Borescopes; Articulating Borescopes
2) By Rigid Borescopes: Non-Articulating Rigid Borescopes; Semi-Rigid Borescopes
3) By Video Borescopes: Portable Video Borescopes; HD Video Borescopes; Wireless Video Borescopes
4) By Other Types: Semi-Flexible Borescopes; Digital Borescopes; Infrared Borescopes
Companies Mentioned: Emerson Electric Co.; Olympus Corporation; Karl Storz GmbH & Co. KG; FLIR Systems Inc.; Evident Scientific Inc.
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Table of Contents
1. Executive Summary
2. Industrial Borescope Market Characteristics
3. Industrial Borescope Market Trends And Strategies
4. Industrial Borescope Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market
5. Global Industrial Borescope Growth Analysis And Strategic Analysis Framework
5.1. Global Industrial Borescope PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Industrial Borescope Market Growth Rate Analysis
5.4. Global Industrial Borescope Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Industrial Borescope Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Industrial Borescope Total Addressable Market (TAM)
6. Industrial Borescope Market Segmentation
6.1. Global Industrial Borescope Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Flexible Borescopes
Rigid Borescopes
Video Borescopes
Other Types
6.2. Global Industrial Borescope Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Automotive
Aerospace
Power Generation
Oil And Gas
Manufacturing
Other Applications
6.3. Global Industrial Borescope Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Industrial
Commercial
Other End Users
6.4. Global Industrial Borescope Market, Sub-Segmentation Of Flexible Borescopes, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Fiber Optic Borescopes
Articulating Borescopes
6.5. Global Industrial Borescope Market, Sub-Segmentation Of Rigid Borescopes, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Non-Articulating Rigid Borescopes
Semi-Rigid Borescopes
6.6. Global Industrial Borescope Market, Sub-Segmentation Of Video Borescopes, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Portable Video Borescopes
HD Video Borescopes
Wireless Video Borescopes
6.7. Global Industrial Borescope Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Semi-Flexible Borescopes
Digital Borescopes
Infrared Borescopes
7. Industrial Borescope Market Regional And Country Analysis
7.1. Global Industrial Borescope Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Industrial Borescope Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion