Market Overview:
The Global Alignment Telescopes Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for alignment telescopes in various applications such as pipe, aircraft, shipbuilding, and other applications. Additionally, the growing demand for electronic alignment telescopes is also contributing to the market growth. However, factors such as high installation and maintenance costs may restrain the market growth during the forecast period. On basis of type, mechanical alignment telescopes are expected to dominate the global alignment telescopes market during 2018-2030 owing to their low installation and maintenance costs as compared to electronic alignment telescopes.
Product Definition:
A telescope is a device used to make distant objects appear larger. They work by projecting an image of the object being observed onto a screen or into a photographic plate. The most common type of telescope is the optical telescope, which uses lenses to form an image. Alignment telescopes are devices that are used in conjunction with optical telescopes in order to keep them accurately aligned with one another. They typically consist of two mirrors that are mounted on adjustable arms, which can be moved until they reflect an image of each other perfectly. This allows astronomers to make sure that the images they see through their telescopes are correctly oriented and not distorted in any way.
Mechanical Alignment Telescopes:
Mechanical Alignment Telescopes (MAT) is a device used for observing and adjusting the position of objects in the night sky. It's main function is to provide an accurate way to align various optical instruments such as cameras, binoculars, and monoculars. The product has gained popularity among amateurs and professionals due to its cost-effectiveness compared with other alignment devices available in the market.
Electronic Alignment Telescopes:
Electronic Alignment Telescopes (EAT) are used in the alignment of optical instruments. It is a device that helps to adjust the position of objects in an eyepiece, finder or microscope. The EAT consists of two independently mounted motors which can be repositioned by using a hand crank or motorized screw drive system.
Application Insights:
Pipe, aircraft, and shipbuilding are the major application segments in the global alignment telescopes market. In 2017, this segment accounted for over 50% of the overall revenue share. The growth can be attributed to an increase in demand for precision-made products as well as services across these industries.
The other segment that is expected to witness significant growth over the forecast period includes applications such as machine tools and laboratory equipment. Precision-made products along with advanced technologies used in their manufacturing have led to increased adoption of alignments among various industry verticals including automotive and aerospace which is anticipated to drive product demand over the coming years. In addition, growing investments by companies such as Airbus SE; Embraer S E; Bombardier Inc.; CSeries Aircraft Ltd.; Omega A/S; UTIAS Library Services; ULTIMATE EARS Corporation; KAIST Technology Co., Ltd.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to several factors such as presence of major aircraft manufacturers, shipbuilding & repair companies, and key players involved in oil & gas exploration activities. In addition, increasing use of 3D printing for manufacturing parts used in aerospace and defense industry is anticipated to drive demand for ALT systems over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to rapid industrialization coupled with growing need for aligning machines from various end-use industries such as aerospace and defense, automotive etc. Furthermore, rising investments by governments across countries including China and Japan are driving demand for aligners due to increased spending on research & development activities related mechanical engineering field which will further boost regional product demand over the forecast period.
Growth Factors:
- Increasing demand for alignment telescopes in the defense and aerospace sector due to their high accuracy and precision.
- Growing popularity of alignment telescopes in the semiconductor industry for wafer inspection and other applications.
- Increasing demand from the medical device industry for use in surgical procedures and diagnostics.
- Rising adoption of alignment telescopes in research institutes and universities for optical experiments and research purposes.
- Growing demand from the consumer electronics sector for use in smartphones, tablets, laptops, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Alignment Telescopes Market Research Report
By Type
Mechanical Alignment Telescopes, Electronic Alignment Telescopes
By Application
Pipe, Aircraft, Shipbuilding, Other
By Companies
Davidson Optronics, Vermont Photonics, AMETEK.Inc, HAAG-STREIT, Brunson, PLX Inc., Duma Optronics, Prisms India Private Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Alignment Telescopes Market Report Segments:
The global Alignment Telescopes market is segmented on the basis of:
Types
Mechanical Alignment Telescopes, Electronic Alignment Telescopes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pipe, Aircraft, Shipbuilding, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Davidson Optronics
- Vermont Photonics
- AMETEK.Inc
- HAAG-STREIT
- Brunson
- PLX Inc.
- Duma Optronics
- Prisms India Private Limited
Highlights of The Alignment Telescopes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mechanical Alignment Telescopes
- Electronic Alignment Telescopes
- By Application:
- Pipe
- Aircraft
- Shipbuilding
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alignment Telescopes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Alignment Telescopes are telescopes that use a system of mirrors to keep the telescope pointed in a specific direction. This is important for astronomy because it allows astronomers to study objects in space without having to constantly adjust the telescope.
Some of the major players in the alignment telescopes market are Davidson Optronics, Vermont Photonics, AMETEK.Inc, HAAG-STREIT, Brunson, PLX Inc., Duma Optronics, Prisms India Private Limited.
The alignment telescopes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alignment Telescopes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Alignment Telescopes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Alignment Telescopes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Alignment Telescopes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Alignment Telescopes Market Size & Forecast, 2020-2028
4.5.1 Alignment Telescopes Market Size and Y-o-Y Growth
4.5.2 Alignment Telescopes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mechanical Alignment Telescopes
5.2.2 Electronic Alignment Telescopes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pipe
6.2.2 Aircraft
6.2.3 Shipbuilding
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alignment Telescopes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alignment Telescopes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mechanical Alignment Telescopes
9.6.2 Electronic Alignment Telescopes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pipe
9.10.2 Aircraft
9.10.3 Shipbuilding
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mechanical Alignment Telescopes
10.6.2 Electronic Alignment Telescopes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pipe
10.10.2 Aircraft
10.10.3 Shipbuilding
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mechanical Alignment Telescopes
11.6.2 Electronic Alignment Telescopes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pipe
11.10.2 Aircraft
11.10.3 Shipbuilding
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mechanical Alignment Telescopes
12.6.2 Electronic Alignment Telescopes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pipe
12.10.2 Aircraft
12.10.3 Shipbuilding
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mechanical Alignment Telescopes
13.6.2 Electronic Alignment Telescopes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pipe
13.10.2 Aircraft
13.10.3 Shipbuilding
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alignment Telescopes Market: Competitive Dashboard
14.2 Global Alignment Telescopes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Davidson Optronics
14.3.2 Vermont Photonics
14.3.3 AMETEK.Inc
14.3.4 HAAG-STREIT
14.3.5 Brunson
14.3.6 PLX Inc.
14.3.7 Duma Optronics
14.3.8 Prisms India Private Limited
