Global Optical Measurement Market, By Offering (Hardware, Software, Services), By Device (Autocollimators, Microscopes, Projectors, Digitizers and Scanners and others) By End User (Automobiles, aerospace and defense, Energy and power, electronics and communication and others), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa)– Industry Trends and Forecast to 2025
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Analysis of Global Optical Measurement Market:
The Global Optical Measurement Market accounted for USD 3.27 billion in 2017 and is projected to grow at a CAGR of 6.8 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Top Key Competitors:
- Nikon Instruments Inc.
- Hexagon Metrology Inc.
- GOM mbH
- Mitutoyo Corporation
- FARO Technologies
- KLA-Tencor Corporation
- Quality Vision International Pvt. Ltd.
- Nova Measuring Instruments Ltd.
- Steinbichler Optotechnik GmbH
- Nanometrics Incorporated
- Breuckmann GmbH
- Perceptron Inc.
- ST Industries Inc.
- Creaform, and Micro-Vu Corp
- Third Dimension
- Vision Engineering Ltd
- Carl Zeiss Meditec AG
- Among others.
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Definition of Global Optical Measurement Market:
Optical measurement is collection of measurement using the optical sensors. Non-invasiveness is the main advantage of optical measurement. Optical sensors used in optical measurement are quite sensitive because of that ultra-fine movement of the particle is also observed because of that. The main disadvantage of the optical measurement id that the optical measurement cannot address the errors which humans would be able to address. LED industry based on the optical measurement. Standard integrating sphere calibration procedures accurately measure the optical properties of LEDs. GapGun device manufactured by Third Dimension used in the optical measurement that uses the laser triangulation technology. In March 2018, Zygo launched the next-generation 3D optical profilers with advances in data acquisition, speed, sensitivity and intelligent operation. By launch of this product the company had had expanded its product portfolio in the optical measurement market. In February 2018, Nikon enters into business transfer agreement to coordinate measuring machine business. Through this agreement Nikon decided to focus optical 3D Metrology and X-ray/CT inspection systems solutions. In January 2018, Nikon entered into business agreement with advanced cell technology. In this agreement Nikon will use its optical and image analysis technology.
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Major Market Drivers and Restraints:
- Optical measuring system is used for inspection and process control.
- Conventional techniques used in measurement are hand gauges, touch probes, optical comparators, or microscopes.
- Improving accuracy on measuring of physical properties of a product
- Increased operational efficacy in a cost-effective
- Increase in demand of 3D metrology services.
- Increase in advocacy of optical measurement solutions
- Increase in R&D infrastructure of optical measuring system.
Segmentation of Global Optical Measurement Market:
Based on offering, the market is segmented into:
On the basis of technology, the market is segmented into:
- Machine Vision
- NDT and Metrology
NDT are sub segmented into:
- Visual Inspection
- Eddy Current
On the basis of end-user, the market is segmented into:
- Electronics And Measuring Microscope
- Profile Projector
On the basis of method, the market is segmented into:
- Extrinsic – Optical Coherence Tomography
- Laser Doppler Velocimetry
- Fabry-Perot Interferometers
- Intrinsic – Scattering Based
- Fiber Braggs Grating (Fbg) Based
- Point Fbg Based
- Spatially Continuous Base
Based on geography:
- North America
- South America
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Frequently Asked Questions:
- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Optical Measurement Market?
This Report Consists of:
- No of pages: 350
- No of Figures: 60
- No of Tables: 220
Competitive Landscape of Global Optical Measurement Market:
The global optical measurement market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.