Market Overview:
The Global Digital 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 digital alignment telescopes in various applications such as pipe, aircraft, shipbuilding, and other applications. Additionally, the growing demand for digital alignment telescopes from emerging economies is also contributing to the market growth. However, factors such as high cost of digital alignment telescopes and lack of awareness about these products are restraining the market growth. On the basis of type, without micrometers accounted for a larger share in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to their low cost as compared with those with micrometers.
Product Definition:
Digital Alignment Telescopes are optical instruments used to help align two or more optical elements in a system. They are typically used in conjunction with digital cameras and autofocus systems, allowing the user to quickly and accurately adjust the position of lens elements until they are correctly aligned.
Without Micrometers:
The global without micrometers, it's usage and growth factor in Digital Alignment Telescopes market size was valued at USD 0.00 billion in 2016. The increasing demand for high-performance optical instruments is expected to drive the industry growth over the forecast period.
The growing adoption of digital cameras with improved image quality has increased the use of aligned optics for better performance as compared to their counterparts. This trend is expected to boost product sales over the next seven years.
With Micrometers:
With micrometers and it's usage in digital alignment telescopes market is expected to witness significant growth over the forecast period. Digital Alignment Technology (DAT) has been gaining popularity among users as it helps in achieving high accuracy when compared to traditional methods of optical instrument alignment. DAT uses a series of precision-molded plastic parts, which are mounted on an aluminum block and then inserted into the Optical Tube Assembly (OTA).
Application Insights:
The global demand for DAT is witnessing a paradigm shift due to its applications in various industries such as pipe, aircraft, shipbuilding and others. In 2017, the pipe industry dominated the market with a share of over 40% and is expected to maintain its dominance throughout the forecast period. The growth can be attributed to factors such as an increase in production capacities across key economies coupled with extensive use of DAT for precision measurement in industrial processes.
Aircraft was the second-largest segment accounting for 20% of total revenue share in 2017 owing to high precision requirements from aerospace manufacturers coupled with technological advancements that have led to increased adoption of these devices globally. The global rise in air travel has been significantly increasing since past few decades which has resulted into increased demand for aircraft components thereby driving this segment further upsurge during forecast years.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The growth is attributed to the presence of a large number of global players and increased focus on cost-cutting initiatives by these players. In addition, growing need for quality products with high precision is expected to drive the regional market over the forecast period.
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing demand from end-use industries such as aerospace & defense, oil & gas, and other manufacturing sectors in countries such as China, India, Japan, South Korea and Taiwan. Growing infrastructure activities are also expected fuel regional product demand during the forecast period.
Growth Factors:
- Increasing demand for digital alignment telescopes from the defense and aerospace sectors due to their high accuracy and precision requirements.
- Growing popularity of digital alignment telescopes in the medical sector for use in surgical procedures and diagnostics.
- Increasing demand for portable digital alignment telescopes from hobbyists, nature enthusiasts, and outdoor sports enthusiasts owing to their lightweight design and easy maneuverability.
- Proliferation of advanced optical technologies that are being integrated into digital alignment telescopes, resulting in better performance characteristics such as higher resolution, magnification power, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Alignment Telescopes Market Research Report
By Type
Without Micrometers, With Micrometers
By Application
Pipe, Aircraft, Shipbuilding, Other
By Companies
Haag-Streit Group, AMETEK, Brunson Instrument Company, Warren Knight Instrument Company
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Digital Alignment Telescopes Market Report Segments:
The global Digital Alignment Telescopes market is segmented on the basis of:
Types
Without Micrometers, With Micrometers
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:
- Haag-Streit Group
- AMETEK
- Brunson Instrument Company
- Warren Knight Instrument Company
Highlights of The Digital 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:
- Without Micrometers
- With Micrometers
- 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 Digital 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:
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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?
A digital alignment telescope is a type of telescope that uses lasers to precisely align the optics. This allows for sharper images and greater accuracy when observing objects in the night sky.
Some of the major players in the digital alignment telescopes market are Haag-Streit Group, AMETEK, Brunson Instrument Company, Warren Knight Instrument Company.
The digital 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 Digital 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 Digital Alignment Telescopes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital 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 Digital 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 Digital Alignment Telescopes Market Size & Forecast, 2018-2028
4.5.1 Digital Alignment Telescopes Market Size and Y-o-Y Growth
4.5.2 Digital Alignment Telescopes Market Absolute $ Opportunity
Chapter 5 Global Digital Alignment Telescopes 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 Digital Alignment Telescopes Market Size Forecast by Type
5.2.1 Without Micrometers
5.2.2 With Micrometers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Alignment Telescopes 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 Digital Alignment Telescopes 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 Digital 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 Digital 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 Digital Alignment Telescopes Analysis and Forecast
9.1 Introduction
9.2 North America Digital Alignment Telescopes 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 Digital Alignment Telescopes Market Size Forecast by Type
9.6.1 Without Micrometers
9.6.2 With Micrometers
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 Digital Alignment Telescopes 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 Digital Alignment Telescopes Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Alignment Telescopes 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 Digital Alignment Telescopes Market Size Forecast by Type
10.6.1 Without Micrometers
10.6.2 With Micrometers
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 Digital Alignment Telescopes 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 Digital Alignment Telescopes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Alignment Telescopes 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 Digital Alignment Telescopes Market Size Forecast by Type
11.6.1 Without Micrometers
11.6.2 With Micrometers
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 Digital Alignment Telescopes 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 Digital Alignment Telescopes Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Alignment Telescopes 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 Digital Alignment Telescopes Market Size Forecast by Type
12.6.1 Without Micrometers
12.6.2 With Micrometers
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 Digital Alignment Telescopes 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) Digital Alignment Telescopes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Alignment Telescopes 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) Digital Alignment Telescopes Market Size Forecast by Type
13.6.1 Without Micrometers
13.6.2 With Micrometers
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) Digital Alignment Telescopes 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 Digital Alignment Telescopes Market: Competitive Dashboard
14.2 Global Digital Alignment Telescopes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Haag-Streit Group
14.3.2 AMETEK
14.3.3 Brunson Instrument Company
14.3.4 Warren Knight Instrument Company
