Optical Measurement Market by Offerings (Hardware, Software, and Services), Equipment (Autocollimator, Measuring Microscope, Profile Projector, ODS, CMM, and VMM), Vertical (Industrial, Automotive), and Geography - Global Forecast to 2023

Published: April 2018
No. of Pages: 156
Single User License: US $ 5650
Corporate User License: US $ 8150

“Optical measurement market to grow at a CAGR of 6.87% between 2018 and 2023”

The optical measurement market is projected from USD 3.68 billion in 2018 to USD 5.14 billion by 2023, at a CAGR of 6.87% between 2018 and 2023. Factors such as growing demand for 3D metrology services, increasing adoption of advanced optical measurement solutions, and rising R&D spending are driving the growth of the optical measurement market. High price of measurement solutions is restraining the growth of the optical measurement market.    

“Automotive vertical held largest market share in 2017”

Optical measuring systems are required in the automotive industry for inspection, measurement, and quality checking of various components. The automotive industry has been increasingly using optical measurement solutions for improving safety and comfort level in vehicles. These factors have contributed to the increased adoption of optical measurement in the automotive vertical. Therefore, in 2017, the automotive vertical has the largest market for optical measurement.

“Optical measurement market in APAC expected to grow at highest CAGR during forecast period”

This report covers the optical measurement market in North America, Europe, APAC, and RoW. The optical measurement market in APAC is expected to grow at the highest CAGR between 2018 and 2023. The growth of the optical measurement market in APAC can be attributed to the increasing adoption of precision measurement advanced technology by manufacturers with a focus on accuracy and reliability of the manufactured products in APAC.

Breakdown of profiles of primary participants:

  • By Company Type: Tier 1 = 30%, Tier 2 = 35%, and Tier 3 = 35%
  • By Designation: C-Level Executives= 35%, Directors = 40%, and Others = 25%
  • By Region: North America =35%, Europe = 30%,APAC = 30%, and RoW= 5%

Hexagon (Sweden), Faro Technologies (US), Jenoptik (Germany), Keyence (Japan), Mitutoyo (Japan), Nikon (Japan), Vision Engineering (UK), Zygo (US), GOM (Germany), and Carl Zeiss (Germany) are the key players in the optical  measurement market profiled in this report.

Research Coverage:

The report provides a comprehensive analysis of the optical measurement market segmented based on offering, equipment, vertical, and geography. This report aims to estimate the size and future growth potential of the optical measurement market across the above mentioned segments. The report also includes an in-depth analysis of key players in this market, along with their company profiles, product offerings, recent developments, and key market strategies.

Reasons to Buy the Report:

  • Major drivers, restraints, challenges, and opportunities for the growth of the optical measurement market have been analyzed in this report.
  • Illustrative segmentation, analysis, and forecast by offering, equipment, vertical, and geography have been performed to provide an overall view of the optical measurement market.
  • This report will help stakeholders better understand their competitors and gain insights on ways to improve their position in the business. The competitive landscape section includes competitor ecosystem, product launches, and mergers & acquisitions.

Published By: MarketsandMarkets
Product Code: MarketsandMarkets1677

Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: