Market Overview:
The global optical measuring devices market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision and accuracy in measurement across various industries, such as mechanical, electronic, aerospace, construction, and others. In addition, the growing adoption of 3D optical measuring devices is also contributing to the growth of this market. However, factors such as high cost and lack of awareness about these devices are restraining its growth. On the basis of type, 2D optical measuring devices held a major share of the global optical measuring devices market in 2017. This can be attributed to their low cost and easy availability compared with 3D optical measuring devices.
Product Definition:
An optical measuring device is a tool that uses light to measure distances or sizes. This type of device is important because it can provide very accurate measurements without the need for physical contact with the object being measured.
2D Optical Measuring Devices:
2D optical measuring devices are used for the measurement of two-dimensional parameters such as thickness, length, area and volume of objects. These devices have a wide range of applications in the automotive industry. They are also used in other industries including packaging & material handling, consumer electronics and healthcare sectors among others. The growth factor for this market is expected to be driven by factors such as increasing demand from various application areas coupled with technological advancements made by key players operating in this market.
3D Optical Measuring Devices:
3D optical measuring devices are used to measure the thickness of a material by using 3D effects. The device works on the principle of total internal reflection of light. It creates an image from a laser source at one end and measures the thickness at another end with high accuracy and precision.
The major applications include inspection, metrology, machine vision systems, robotics control centers, automotive production line monitoring system controls (lower left), semiconductor packaging (upper left).
Application Insights:
The global market is segmented by application into mechanical industry, electronic, aerospace, construction and others. The mechanical industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to the high usage of measuring devices in this sector for dimensional accuracy of various components or machinery.
The use of these devices has become essential in several applications such as machine tools where precision measurement plays a key role for manufacturing accurate components or machinery with desired dimensions. In addition, they are also used extensively across other industries such as automotive and medical equipment where dimensional accuracy matters for ensuring proper functioning of equipment/machinery or vehicles manufactured using 3D printing technology.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major players and increased adoption of technologies. The region is expected to continue its dominance over the forecast period due to increasing R&D activities and high demand for advanced measurement devices. Asia Pacific is projected to grow at a lucrative rate over the forecast period owing to rapid industrialization, growing population, and improving economic conditions in countries such as China, India, Indonesia, Malaysia & Vietnam. Moreover optical measuring devices are used extensively in construction industry for monitoring various properties such as temperature & humidity levels or movement of people/vehicles within a building structure which would help architects design structures that are more efficient & sustainable.
Growth Factors:
- Increasing demand for miniaturization and portability in optical measuring devices
- Development of new technologies and products that can provide more accurate measurements
- Growing popularity of optical measuring devices among consumers and businesses alike
- Rising demand for precision measurement in manufacturing and other industries
- Proliferation of online shopping and the need for reliable, accurate product dimensions
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Measuring Devices Market Research Report
By Type
2D Optical Measuring Devices, 3D Optical Measuring Devices, Other
By Application
Mechanical Industry, Electronic, Aerospace, Construction, Others
By Companies
Yamasaki Optical Technology, Nikon Metrology, Prior Scientific, RedLux, Retsch, Opto Engineering, Alicona Imaging, Creaform, Gooch & Housego, Prior Scientific, RedLux Ltd, Gamma Scientific, AICON, Yokogawa, OptiPro - OptiPro Systems
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Optical Measuring Devices Market Report Segments:
The global Optical Measuring Devices market is segmented on the basis of:
Types
2D Optical Measuring Devices, 3D Optical Measuring Devices, Other
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
Mechanical Industry, Electronic, Aerospace, Construction, 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:
- Yamasaki Optical Technology
- Nikon Metrology
- Prior Scientific
- RedLux
- Retsch
- Opto Engineering
- Alicona Imaging
- Creaform
- Gooch & Housego
- Prior Scientific
- RedLux Ltd
- Gamma Scientific
- AICON
- Yokogawa
- OptiPro - OptiPro Systems
Highlights of The Optical Measuring Devices 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:
- 2D Optical Measuring Devices
- 3D Optical Measuring Devices
- Other
- By Application:
- Mechanical Industry
- Electronic
- Aerospace
- Construction
- 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 Measuring Devices 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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 measuring devices are instruments that use light to measure distances, angles, or other physical quantities.
Some of the major players in the optical measuring devices market are Yamasaki Optical Technology, Nikon Metrology, Prior Scientific, RedLux, Retsch, Opto Engineering, Alicona Imaging, Creaform, Gooch & Housego, Prior Scientific, RedLux Ltd, Gamma Scientific, AICON, Yokogawa, OptiPro - OptiPro Systems.
The optical measuring devices market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optical Measuring Devices 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 Measuring Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Optical Measuring Devices Market - Supply Chain
4.5. Global Optical Measuring Devices Market Forecast
4.5.1. Optical Measuring Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Optical Measuring Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Optical Measuring Devices Market Absolute $ Opportunity
5. Global Optical Measuring Devices 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 Measuring Devices Market Size and Volume Forecast by Type
5.3.1. 2D Optical Measuring Devices
5.3.2. 3D Optical Measuring Devices
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Optical Measuring Devices 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 Measuring Devices Market Size and Volume Forecast by Application
6.3.1. Mechanical Industry
6.3.2. Electronic
6.3.3. Aerospace
6.3.4. Construction
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Optical Measuring Devices 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 Measuring Devices 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 Measuring Devices 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 Measuring Devices 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 Measuring Devices Demand Share Forecast, 2019-2026
9. North America Optical Measuring Devices 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 Measuring Devices 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 Measuring Devices Market Size and Volume Forecast by Application
9.4.1. Mechanical Industry
9.4.2. Electronic
9.4.3. Aerospace
9.4.4. Construction
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 Measuring Devices Market Size and Volume Forecast by Type
9.7.1. 2D Optical Measuring Devices
9.7.2. 3D Optical Measuring Devices
9.7.3. Other
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 Measuring Devices Demand Share Forecast, 2019-2026
10. Latin America Optical Measuring Devices 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 Measuring Devices 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 Measuring Devices Market Size and Volume Forecast by Application
10.4.1. Mechanical Industry
10.4.2. Electronic
10.4.3. Aerospace
10.4.4. Construction
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 Measuring Devices Market Size and Volume Forecast by Type
10.7.1. 2D Optical Measuring Devices
10.7.2. 3D Optical Measuring Devices
10.7.3. Other
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 Measuring Devices Demand Share Forecast, 2019-2026
11. Europe Optical Measuring Devices 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 Measuring Devices 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 Measuring Devices Market Size and Volume Forecast by Application
11.4.1. Mechanical Industry
11.4.2. Electronic
11.4.3. Aerospace
11.4.4. Construction
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 Measuring Devices Market Size and Volume Forecast by Type
11.7.1. 2D Optical Measuring Devices
11.7.2. 3D Optical Measuring Devices
11.7.3. Other
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 Measuring Devices Demand Share, 2019-2026
12. Asia Pacific Optical Measuring Devices 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 Measuring Devices 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 Measuring Devices Market Size and Volume Forecast by Application
12.4.1. Mechanical Industry
12.4.2. Electronic
12.4.3. Aerospace
12.4.4. Construction
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 Measuring Devices Market Size and Volume Forecast by Type
12.7.1. 2D Optical Measuring Devices
12.7.2. 3D Optical Measuring Devices
12.7.3. Other
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 Measuring Devices Demand Share, 2019-2026
13. Middle East & Africa Optical Measuring Devices 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 Measuring Devices 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 Measuring Devices Market Size and Volume Forecast by Application
13.4.1. Mechanical Industry
13.4.2. Electronic
13.4.3. Aerospace
13.4.4. Construction
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 Measuring Devices Market Size and Volume Forecast by Type
13.7.1. 2D Optical Measuring Devices
13.7.2. 3D Optical Measuring Devices
13.7.3. Other
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 Measuring Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Optical Measuring Devices Market: Market Share Analysis
14.2. Optical Measuring Devices Distributors and Customers
14.3. Optical Measuring Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yamasaki Optical Technology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nikon Metrology
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Prior Scientific
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. RedLux
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Retsch
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Opto Engineering
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Alicona Imaging
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Creaform
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gooch & Housego
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Prior Scientific
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. RedLux Ltd
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Gamma Scientific
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. AICON
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Yokogawa
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. OptiPro - OptiPro Systems
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
