Market Overview:
The global video extensometers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for video extensometers in various applications such as plastic measurement, metal measurement, fiber measurement and others. In addition, the growing demand for miniaturized video extensometers is also contributing to the growth of this market. However, factors such as high cost of equipment and lack of awareness about benefits offered by video extensometers are restraining its growth. On the basis of type, the global video extensometers market can be segmented into materials testing lenses and general purpose lenses. The materials testing lens segment is expected to grow at a higher CAGR during the forecast period from 2018 to 2030 owing to its wide range of applications in various industries such as automotive, aerospace & defense and others.
Product Definition:
A video extensometer is a device used to measure the displacement of an object in three dimensions. This device uses a camera to track the movement of an object and then calculates the displacement based on that data. The importance of this device is that it can provide very accurate measurements of displacement, which is important for many scientific and engineering applications.
Materials Testing Lenses:
Video Extensometers are used to measure the extension of a video cable. They work on the principle of electro-optical effect, which converts analog signals into digital ones by using a light source and an optical fiber. The main function of Video Extensometer is to test the quality and characteristics of optical fibers in communication systems such as SONET/SDH, OTN, Ethernet or HDMI cables.
General Purpose Lenses:
General purpose lenses are used in video extensometers for the conversion of optical signals into electrical signals. The conversion process is based on the principle of total internal reflection of light within a transparent material such as glass or plastic.
The size and type of the lens largely determine how sensitive a device it will be able to detect, with very small changes in length being able to detect larger movements than larger ones.
Application Insights:
The others segment includes measurement of volume, mass, and length. The video lens based measuring systems for these applications are user-friendly as they do not require the user to manually enter data. General purpose lenses are used for various applications such as plastic measurement, metal measurement, fiber testing, and length measurements among others.
Video lens based measuring systems have a large application scope in various industries including automotive & transportation (to measure linear and angular dimensions), packaging (to check package accuracy), medical & healthcare (for inspection of surgical tools) among others. In addition to their wide applicability across multiple industries worldwide; these systems also find a wide range of uses in the consumer goods industry on an everyday basis where consumers purchase products from online stores or offline retail stores having dimension information about the product being sold which is very useful to them providing benefits such as accurate product selection while shopping thereby driving demand over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing demand for video extensometers in countries such as China, India, and Japan. In addition, rising R&D activities in emerging economies are anticipated to fuel product demand in various applications.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% owing to high adoption rates of advanced technologies across several industries including automotive and aerospace & defense among others. Moreover, growing investments by major players for research & development activities will further drive the regional market growth over the forecast period.
North America is projected to witness significant growth during the forecast years on account of rapid technological advancements coupled with presence of key industry participants operating within U.S.
Growth Factors:
- Increasing demand for video extensometers in the automotive and aerospace industries for quality control and research and development purposes.
- Growing popularity of video extensometers among academic researchers due to their ability to capture high-resolution images of specimens under test.
- Rising demand from medical device manufacturers for video extensometers that can be used to measure the deformation and displacement of soft tissues and organs.
- Advances in image processing software that are making it easier to analyze data captured by video extensometers, thereby increasing their adoption rates among manufacturing companies.
- The launch of new products by leading players in the video extensometer market that offer better performance and features than those currently available in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Video Extensometers Market Research Report
By Type
Materials Testing Lenses, General Purpose Lenses
By Application
Plastic Measurement, Metal Measurement, Fiber Measurement, Others
By Companies
AMETEK, Instron, MTS Systems, Tinius Olsen, 3R labo, TestResources, Shimadzu, Point Semantics Corporation (PSC), Analis, Imetrum, Epsilon Tech, Besmak, ADMET, Microtest, ProViSysEngineering, Zwick Roell
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Video Extensometers Market Report Segments:
The global Video Extensometers market is segmented on the basis of:
Types
Materials Testing Lenses, General Purpose Lenses
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
Plastic Measurement, Metal Measurement, Fiber Measurement, 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:
- AMETEK
- Instron
- MTS Systems
- Tinius Olsen
- 3R labo
- TestResources
- Shimadzu
- Point Semantics Corporation (PSC)
- Analis
- Imetrum
- Epsilon Tech
- Besmak
- ADMET
- Microtest
- ProViSysEngineering
- Zwick Roell
Highlights of The Video Extensometers 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:
- Materials Testing Lenses
- General Purpose Lenses
- By Application:
- Plastic Measurement
- Metal Measurement
- Fiber Measurement
- 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 Video Extensometers 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
- 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?
Video extensometers are a type of sensor that measure the extension or distance of an object. They can be used in a variety of applications, such as manufacturing and inspection.
Some of the major companies in the video extensometers market are AMETEK, Instron, MTS Systems, Tinius Olsen, 3R labo, TestResources, Shimadzu, Point Semantics Corporation (PSC), Analis, Imetrum, Epsilon Tech, Besmak, ADMET, Microtest, ProViSysEngineering, Zwick Roell.
The video extensometers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Video Extensometers 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. Video Extensometers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Video Extensometers Market - Supply Chain
4.5. Global Video Extensometers Market Forecast
4.5.1. Video Extensometers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Video Extensometers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Video Extensometers Market Absolute $ Opportunity
5. Global Video Extensometers 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. Video Extensometers Market Size and Volume Forecast by Type
5.3.1. Materials Testing Lenses
5.3.2. General Purpose Lenses
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Video Extensometers 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. Video Extensometers Market Size and Volume Forecast by Application
6.3.1. Plastic Measurement
6.3.2. Metal Measurement
6.3.3. Fiber Measurement
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Video Extensometers 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. Video Extensometers 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 Video Extensometers 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. Video Extensometers 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 Video Extensometers Demand Share Forecast, 2019-2026
9. North America Video Extensometers 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 Video Extensometers 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 Video Extensometers Market Size and Volume Forecast by Application
9.4.1. Plastic Measurement
9.4.2. Metal Measurement
9.4.3. Fiber Measurement
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Video Extensometers Market Size and Volume Forecast by Type
9.7.1. Materials Testing Lenses
9.7.2. General Purpose Lenses
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 Video Extensometers Demand Share Forecast, 2019-2026
10. Latin America Video Extensometers 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 Video Extensometers 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 Video Extensometers Market Size and Volume Forecast by Application
10.4.1. Plastic Measurement
10.4.2. Metal Measurement
10.4.3. Fiber Measurement
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Video Extensometers Market Size and Volume Forecast by Type
10.7.1. Materials Testing Lenses
10.7.2. General Purpose Lenses
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 Video Extensometers Demand Share Forecast, 2019-2026
11. Europe Video Extensometers 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 Video Extensometers 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 Video Extensometers Market Size and Volume Forecast by Application
11.4.1. Plastic Measurement
11.4.2. Metal Measurement
11.4.3. Fiber Measurement
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Video Extensometers Market Size and Volume Forecast by Type
11.7.1. Materials Testing Lenses
11.7.2. General Purpose Lenses
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 Video Extensometers Demand Share, 2019-2026
12. Asia Pacific Video Extensometers 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 Video Extensometers 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 Video Extensometers Market Size and Volume Forecast by Application
12.4.1. Plastic Measurement
12.4.2. Metal Measurement
12.4.3. Fiber Measurement
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Video Extensometers Market Size and Volume Forecast by Type
12.7.1. Materials Testing Lenses
12.7.2. General Purpose Lenses
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 Video Extensometers Demand Share, 2019-2026
13. Middle East & Africa Video Extensometers 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 Video Extensometers 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 Video Extensometers Market Size and Volume Forecast by Application
13.4.1. Plastic Measurement
13.4.2. Metal Measurement
13.4.3. Fiber Measurement
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Video Extensometers Market Size and Volume Forecast by Type
13.7.1. Materials Testing Lenses
13.7.2. General Purpose Lenses
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 Video Extensometers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Video Extensometers Market: Market Share Analysis
14.2. Video Extensometers Distributors and Customers
14.3. Video Extensometers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AMETEK
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Instron
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MTS Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tinius Olsen
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. 3R labo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TestResources
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shimadzu
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Point Semantics Corporation (PSC)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Analis
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Imetrum
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Epsilon Tech
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Besmak
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ADMET
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Microtest
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ProViSysEngineering
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Zwick Roell
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
