Optical Measurement Market worth US$6.310 billion by 2026
Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of “Optical Measurement Market – which is forecasted from 2019 to 2026”.
The prime factor driving the growth of the optical measurement market is the rising demand for 3D metrology services, the growing industrialization and emergence of Industry 4.0, the installation of sophisticated optical measurement technologies, and an increase in R&D spending.
As per the report, the market about Optical Measurement Market is expected to grow at a steady pace.
An optical measurement system is a sort of measuring instrument used to assess the physical characteristics of various objects. Optical measuring is widely used in numerous sectors to check crucial dimensions of produced products. It is a noncontact, quick, precise, and dependable method. From small tabletop devices to large-travel floor machines, optical measuring systems are available.
It is a non-contact measurement solution that is used for quality control and inspection. It entails measuring passing light and optical beams at various angles over the product, after which these lights are reflected by optical sensors. After reflections, the light passes through the camera, which is equipped with optical chips that measure the optical qualities. The acceptance rate of these systems is rapidly increasing, which has aided the growth of the Optical Measurement Market.
Based on equipment type, the optical measurement market offers Microscopes, Profile Projectors, Digitizers and Scanners, Coordinate Measuring Machines, Autocollimator, and Video Measuring Machines. The Coordinate Measuring Machine (CMM) category is expected to have a substantial market share because to its intrinsic structure.
Based on offering, the optical measurement market provides hardware, software and services. Because optical measuring instruments are used in a variety of sectors, the hardware and software categories are expected to have a significant market share.
Based on industry vertical, the optical measurement market caters to Healthcare, Automotive, Aerospace & Defense, Energy and Power, Consumer Electronics, and Manufacturing. As optical measuring instruments are used for inspection, measurement, and quality testing of numerous components in the automobile sector, the automotive vertical is likely to maintain a major market share.
Based on geography segmentation, the market of Optical Measurement is segmented into North America, Europe, South America, the Middle East and Africa, and Asia Pacific regions. Over the projected period, North America is predicted to account for the greatest revenue share and APAC is predicted to develop at the fastest rate in the optical measurement industry.
As a part of the report, the major players operating in the optical measurement market, that have been covered are Hexagon AB, Nikon Corporation, Keysight Technologies Inc., FARO Technologies, R&D Vision, AMETEK, Inc., Jenoptik AG, Olympus Corporation, Carl Zeiss AG Inc., Keyence Corporation.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/optical-measurement-market
This analytics report segments the optical measurement market on the following basis:
- By Equipment
- Profile Projector
- Digitizer and Scanners
- Video Measuring Machines (VMM)
- Coordinate Measuring Machines (CMM)
- By Offering
- By Industry Vertical
- Energy and Power
- Aerospace and Defense
- Consumer Electronics
- By Geography
- North America
- South America
- Middle East and Africa
- Saudi Arabia
- Asia Pacific
- North America
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