Coordinate Measuring Machines (CMMs) had the biggest market share of 59% in 2018. Optical Digitizers and Scanners (ODSs) is expected to grow at a CAGR of 6.2% from 2021 to 2030. The growth is attributed to the increasing demand for 3D scanning and digitizing technologies in various industries such as automotive, aerospace & defense, energy & power, general industry etc .
North America accounted for the largest market share of 41% in 2018 owing to its high adoption rate of CMMs and ODSs in various industries such as automotive, aerospace & defense, energy & power etc Asia Pacific is expected to grow at a CAGR of 7.5% from 2021-2030 due to increasing demand for optical measurement equipment from countries such as China and India which are witnessing rapid industrialization with an increase in manufacturing activities across sectors like automotive, aerospace & defense etc,.
Some Of The Growth Factors Of This Market:
- The increasing demand for optical measurement equipment in the manufacturing industry is a major growth factor for the market.
- The increasing need to measure and control the quality of products is also driving the market growth.
- The growing need to measure and control product quality is driving the market growth, as it helps manufacturers improve their production processes and reduce costs associated with defective products.
- Increasing demand from emerging economies such as China, India, Brazil, Russia, South Africa (BRICS) countries are also driving this market's growth due to their rapid industrialization process which has led to an increased demand for optical measurement equipment in these regions over recent years.
- Increasing investments by governments in research & development activities related to optical measurement equipment are expected to drive this market's growth.
Industry Growth Insights published a new data on “Optical Measurement Equipment Market”. The research report is titled “Optical Measurement Equipment Market research by Types (Coordinate Measuring Machines (CMMs), Optical Digitizers and Scanners (ODSs), Optical Profiler and Projector, Others, Coordinate Measuring Machines (CMMs) had the biggest market share of 59% in 2018.), By Applications (Automotive, Aerospace & Defense, Energy & Power, General Industry, Others), By Players/Companies Hexagon, Zeiss, Keyence, Accretech, Nikon, FARO, GOM, Mitutoyo, Wenzel, Perceptron, Jenoptik, Werth, Automated Precision Inc, ViRTEK, Zygo Corporation, ViciVision, AEH, Dukin, Vision Engineering, Leader Metrology”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Measurement Equipment Market Research Report
By Type
Coordinate Measuring Machines (CMMs), Optical Digitizers and Scanners (ODSs), Optical Profiler and Projector, Others, Coordinate Measuring Machines (CMMs) had the biggest market share of 59% in 2018.
By Application
Automotive, Aerospace & Defense, Energy & Power, General Industry, Others
By Companies
Hexagon, Zeiss, Keyence, Accretech, Nikon, FARO, GOM, Mitutoyo, Wenzel, Perceptron, Jenoptik, Werth, Automated Precision Inc, ViRTEK, Zygo Corporation, ViciVision, AEH, Dukin, Vision Engineering, Leader Metrology
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Optical Measurement Equipment Market Report Segments:
The global Optical Measurement Equipment market is segmented on the basis of:
Types
Coordinate Measuring Machines (CMMs), Optical Digitizers and Scanners (ODSs), Optical Profiler and Projector, Others, Coordinate Measuring Machines (CMMs) had the biggest market share of 59% in 2018.
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
Automotive, Aerospace & Defense, Energy & Power, General Industry, Others
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:
- Hexagon
- Zeiss
- Keyence
- Accretech
- Nikon
- FARO
- GOM
- Mitutoyo
- Wenzel
- Perceptron
- Jenoptik
- Werth
- Automated Precision Inc
- ViRTEK
- Zygo Corporation
- ViciVision
- AEH
- Dukin
- Vision Engineering
- Leader Metrology
Highlights of The Optical Measurement Equipment 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:
- Coordinate Measuring Machines (CMMs)
- Optical Digitizers and Scanners (ODSs)
- Optical Profiler and Projector
- Others
- Coordinate Measuring Machines (CMMs) had the biggest market share of 59% in 2018.
- By Application:
- Automotive
- Aerospace & Defense
- Energy & Power
- General Industry
- Others
- 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 Optical Measurement Equipment 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.
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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?
Optical measurement equipment is used to measure the size, shape, and other characteristics of objects. This equipment can be used in a variety of industries, including manufacturing, engineering, and science.
Some of the major companies in the optical measurement equipment market are Hexagon, Zeiss, Keyence, Accretech, Nikon, FARO, GOM, Mitutoyo, Wenzel, Perceptron, Jenoptik, Werth, Automated Precision Inc, ViRTEK, Zygo Corporation, ViciVision, AEH, Dukin, Vision Engineering, Leader Metrology.
The optical measurement equipment market is expected to register a CAGR of 6.2%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optical Measurement Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Optical Measurement Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Optical Measurement Equipment Market - Supply Chain
4.5. Global Optical Measurement Equipment Market Forecast
4.5.1. Optical Measurement Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Optical Measurement Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Optical Measurement Equipment Market Absolute $ Opportunity
5. Global Optical Measurement Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Optical Measurement Equipment Market Size and Volume Forecast by Type
5.3.1. Coordinate Measuring Machines (CMMs)
5.3.2. Optical Digitizers and Scanners (ODSs)
5.3.3. Optical Profiler and Projector
5.3.4. Others
5.3.5. Coordinate Measuring Machines (CMMs) had the biggest market share of 59% in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Optical Measurement Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Optical Measurement Equipment Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace & Defense
6.3.3. Energy & Power
6.3.4. General Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Optical Measurement Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Optical Measurement Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Optical Measurement Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Optical Measurement Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Optical Measurement Equipment Demand Share Forecast, 2019-2026
9. North America Optical Measurement Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Optical Measurement Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Optical Measurement Equipment Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace & Defense
9.4.3. Energy & Power
9.4.4. General Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Optical Measurement Equipment Market Size and Volume Forecast by Type
9.7.1. Coordinate Measuring Machines (CMMs)
9.7.2. Optical Digitizers and Scanners (ODSs)
9.7.3. Optical Profiler and Projector
9.7.4. Others
9.7.5. Coordinate Measuring Machines (CMMs) had the biggest market share of 59% in 2018.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Optical Measurement Equipment Demand Share Forecast, 2019-2026
10. Latin America Optical Measurement Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Optical Measurement Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Optical Measurement Equipment Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace & Defense
10.4.3. Energy & Power
10.4.4. General Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Optical Measurement Equipment Market Size and Volume Forecast by Type
10.7.1. Coordinate Measuring Machines (CMMs)
10.7.2. Optical Digitizers and Scanners (ODSs)
10.7.3. Optical Profiler and Projector
10.7.4. Others
10.7.5. Coordinate Measuring Machines (CMMs) had the biggest market share of 59% in 2018.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Optical Measurement Equipment Demand Share Forecast, 2019-2026
11. Europe Optical Measurement Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Optical Measurement Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Optical Measurement Equipment Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace & Defense
11.4.3. Energy & Power
11.4.4. General Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Optical Measurement Equipment Market Size and Volume Forecast by Type
11.7.1. Coordinate Measuring Machines (CMMs)
11.7.2. Optical Digitizers and Scanners (ODSs)
11.7.3. Optical Profiler and Projector
11.7.4. Others
11.7.5. Coordinate Measuring Machines (CMMs) had the biggest market share of 59% in 2018.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Optical Measurement Equipment Demand Share, 2019-2026
12. Asia Pacific Optical Measurement Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Optical Measurement Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Optical Measurement Equipment Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace & Defense
12.4.3. Energy & Power
12.4.4. General Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Optical Measurement Equipment Market Size and Volume Forecast by Type
12.7.1. Coordinate Measuring Machines (CMMs)
12.7.2. Optical Digitizers and Scanners (ODSs)
12.7.3. Optical Profiler and Projector
12.7.4. Others
12.7.5. Coordinate Measuring Machines (CMMs) had the biggest market share of 59% in 2018.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Optical Measurement Equipment Demand Share, 2019-2026
13. Middle East & Africa Optical Measurement Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Optical Measurement Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Optical Measurement Equipment Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace & Defense
13.4.3. Energy & Power
13.4.4. General Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Optical Measurement Equipment Market Size and Volume Forecast by Type
13.7.1. Coordinate Measuring Machines (CMMs)
13.7.2. Optical Digitizers and Scanners (ODSs)
13.7.3. Optical Profiler and Projector
13.7.4. Others
13.7.5. Coordinate Measuring Machines (CMMs) had the biggest market share of 59% in 2018.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Optical Measurement Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Optical Measurement Equipment Market: Market Share Analysis
14.2. Optical Measurement Equipment Distributors and Customers
14.3. Optical Measurement Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hexagon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Zeiss
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Keyence
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Accretech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nikon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FARO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GOM
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitutoyo
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wenzel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Perceptron
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jenoptik
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Werth
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Automated Precision Inc
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ViRTEK
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zygo Corporation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. ViciVision
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. AEH
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Dukin
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Vision Engineering
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Leader Metrology
14.4.20.1. Overview
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