Optical Measurement Global Market Report 2024

Global Optical Measurement Market Report 2024

Optical Measurement Global Market Report 2024 – By Offering (Hardware, Software, Services), By Component (Autocollimators, Measuring Microscopes, Profile Projectors, Optical Digitizers and Scanners, Coordinate Measuring Machines (CMMs), Video Measuring Machines), By End-User (Automotive, Aerospace & Defense, Energy and Power, Electronics Manufacturing, Industrial, Medical, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Name: Optical Measurement Global Market Report 2024
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Optical Measurement Global Market Report 2024

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Optical Measurement Market Definition

Optical measurement refers to non-contact, fast, accurate, and reliable. The optical measurement had the ability to significantly reduce the duration of inspection compared to the traditional methods, allowing the manufacturers in several industry verticals to optimize the assembly cost and are used to monitor critical dimensions of manufactured parts in several industries.

The main types of optical measurement are autocollimators, measuring microscopes, profile projectors, optical digitizers and scanners, coordinate measuring machines (CMMS), and video measuring machines. The autocollimator optical measurements are used in automation. The specific functions of autocollimators are precision alignment, detection of angular movements, verification of angle standards, and angular monitoring for long periods. The various offerings include hardware, software, and services, which are used by various end-users such as automotive, aerospace and defense, energy and power, electronics manufacturing, industrial, medical, and others.

Optical Measurement Market Segmentation

The optical measurement market covered in this report is segmented –

1) By Offering: Hardware, Software, Services

2) By Component: Autocollimators, Measuring Microscopes, Profile Projectors, Optical Digitizers and Scanners, Coordinate Measuring Machines (CMMs), Video Measuring Machines

3) By End-User: Automotive, Aerospace & Defense, Energy and Power, Electronics Manufacturing, Industrial, Medical, Other End Users

Global Optical Measurement Market Size 2023 to 2028: Graph

Optical Measurement Market Size 2024 And Growth Rate

The optical measurement market size has grown strongly in recent years. It will grow from $4.25 billion in 2023 to $4.58 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growing demand for 3d metrology services, increasing adoption of advanced optical measurement solutions, increasing r&d spending, growing industrialization, growing demand for quality control in various industries..

Optical Measurement Market Growth Forecast

The optical measurement market size is expected to see strong growth in the next few years. It will grow to $6.14 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to continued emphasis on miniaturization in manufacturing, rise in demand for non-contact measurement techniques, expansion of applications in healthcare and life sciences, increasing complexity of manufacturing processes, growing demand for non-contact measurement techniques. Major trends in the forecast period include adoption of industry 4.0 and smart manufacturing, integration of artificial intelligence in optical measurement, increase in the use of hyperspectral imaging for material analysis, emergence of portable and handheld optical measurement devices, technological advancements.

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Optical Measurement Market Driver: Growth In Aerospace And Defense Industries Drives The Market

The increase in aerospace and defense industries are expected to propel the growth of the optical measurement market going forward. Aerospace and defense industries refer to companies that build aircraft, ships, spacecraft, weapon systems, and defense equipment. Optical coatings are largely employed in aerospace and defense machines as precise optics. As a result, the increasing aerospace and defense industries help to increase the demand for the optical measurement market. For instance, in 2021, according to the Indian Brand Equity Foundation, an India-based government agency, India’s defense budget for 2020-21 stood at INR 4,71,378 crore (USD 67.4 billion), which is 9.37% higher than that in 2019-20. Therefore, the increase in aerospace and defense industries is driving the growth of the optical measurement market.

Optical Measurement Market Driver: Rising Demand For Smart Electronic Devices Drives The Market

Increasing demand for smart electronic devices is expected to propel the growth of the optical measurement market going forward. Smart electronic devices refer to context-aware electronic devices that can perform independent computing and communicate with other devices for data exchange. Optical measurement is widely used in smart electronic devices, particularly using optical sensors. These sensors are designed to detect and convert incident light rays into electrical signals, which can then be used to measure various parameters depending on the sensor type. For instance, according to Oberlo, a Germany-based operator of a drop-shipping platform, the number of households in the US using smart home devices has been steadily increasing over the years, in 2023, it is estimated that 63.43 million US households will be actively using smart home devices, which is a 10.2% increase from 2022. Therefore, the increasing demand for smart electronic devices will drive the growth of the optical measurement market going forward.

Global Optical Measurement Market Major Players

Major companies operating in the optical measurement market report are Vision Engineering Limited, Nikon Corporation, Mitutoyo Corporation, Hexagon AB, Faro Business Technologies India Pvt. Ltd., Jenoptik AG, Carl Zeiss AG, GOM & Company, Keysight Technologies Inc., R&D Vision, Ametwk Inc., Olympus Corporation, Quality Vision International Pvt. Ltd., Nova Measuring Instruments Ltd., Steinbichler Optotechnik GmbH, Nanometrics Incorporated, Breuckmann GmbH, Perceptron Inc., ST Industries Inc., Creaform Inc., Third Dimension Private Limited, Keyence Corporation, Accretech Finance Co. Ltd., Zygo Corporation, KLA-Tencor Corporation, Renishaw plc, Alicona Imaging GmbH, Bruker Corporation, CyberOptics Corporation, Avantes BV

Global Optical Measurement Market Trend: Introduction Of Coordinate Measuring Machine (CMM)

New technological innovations have emerged as the key trend gaining popularity in the optical measurement market. Major companies operating in the optical measurement market are introducing innovations to reinforce their position in the market. For instance, in March 2021, Hexagon's Manufacturing Intelligence division, a Sweden-based technology company, introduced a new coordinate measuring machine (CMM) that addresses the challenges of measuring delicate components such as smartphone camera lens assemblies. This CMM allows manufacturers to perform quality inspections four to six times faster than conventional methods while maintaining uncompromising sub-micron accuracy. The new CMM leverages advanced technology and features to provide accurate and efficient measurements of delicate components. It is designed to minimize the risk of damage to fragile parts during the inspection process and offers high-speed, non-contact measurement capabilities.

Global Optical Measurement Market Trend: Strategic Partnerships To Expand Offerings

Major companies operating in the optical measurement market are entering into strategic partnerships to expand their offerings. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in September 2023, AIMS Metrology (Advanced Industrial Measurement Systems), a Ohio-based an Original Equipment Manufacturer (OEM) and a CMM supply company, partnered with Optical Gaging Products (OGP) to advance measurement solutions. Through this collaboration, AIMS will be able to offer multisensor measurement with optical gaging products, including Smartscope E-Series and the most advanced technologies to address inspection difficulties. Optical Gaging Products (OGP) is a US-based precision multisensor metrology systems for industrial quality control.

Optical Measurement Market Merger And Acquisition: Mks Instruments Announces Agreement To Acquire Photon Control

In May 2021, MKS Instruments Inc., a US-based manufacturer of instruments, subsystems, and process control systems acquired Photon Control Inc. for $291.44 million. With this acquisition, MKS Instruments Inc. focuses on expanding its portfolio of key technologies and enhancing its critical etch and deposition applications in semiconductor wafer fabrication. Photon Control Inc. is a Canada-based manufacturer of optical position and displacement sensors.

Regional Outlook For The Global Optical Measurement Market

North America was the largest region in the optical measurement market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the optical measurement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the optical measurement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The optical measurement market includes revenues earned by entities by providing services such as scene monitoring, scattering, absorption, and extinction. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The optical measurement market research report is one of a series of new reports from The Business Research Company that provides optical measurement market statistics, including optical measurement industry global market size, regional shares, competitors with an optical measurement market share, detailed optical measurement market segments, market trends and opportunities, and any further data you may need to thrive in the optical measurement industry. This optical measurement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Optical Measurement Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$4.58 billion
Revenue Forecast In 2033	$6.14 billion
Growth Rate	CAGR of 7.6% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Offering: Hardware, Software, Services 2) By Component: Autocollimators, Measuring Microscopes, Profile Projectors, Optical Digitizers and Scanners, Coordinate Measuring Machines (CMMs), Video Measuring Machines 3) By End-User: Automotive, Aerospace & Defense, Energy and Power, Electronics Manufacturing, Industrial, Medical, Other End Users
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Vision Engineering Limited; Nikon Corporation; Mitutoyo Corporation; Hexagon AB; Faro Business Technologies India Pvt. Ltd.; Jenoptik AG; Carl Zeiss AG; GOM & Company; Keysight Technologies Inc.; R&D Vision; Ametwk Inc.; Olympus Corporation; Quality Vision International Pvt. Ltd.; Nova Measuring Instruments Ltd.; Steinbichler Optotechnik GmbH; Nanometrics Incorporated; Breuckmann GmbH; Perceptron Inc.; ST Industries Inc.; Creaform Inc.; Third Dimension Private Limited; Keyence Corporation; Accretech Finance Co. Ltd.; Zygo Corporation; KLA-Tencor Corporation; Renishaw plc; Alicona Imaging GmbH; Bruker Corporation; CyberOptics Corporation; Avantes BV
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Optical Measurement Market Characteristics

3. Optical Measurement Market Trends And Strategies

4. Optical Measurement Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Optical Measurement Market Size and Growth

5.1. Global Optical Measurement Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Optical Measurement Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Optical Measurement Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Optical Measurement Market Segmentation

6.1. Global Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Hardware

Software

Services

6.2. Global Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Autocollimators

Measuring Microscopes

Profile Projectors

Optical Digitizers and Scanners

Coordinate Measuring Machines (CMMs)

Video Measuring Machines

6.3. Global Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Automotive

Aerospace & Defense

Energy and Power

Electronics Manufacturing

Industrial

Medical

Other End Users

7. Optical Measurement Market Regional And Country Analysis

7.1. Global Optical Measurement Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Optical Measurement Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Optical Measurement Market

8.1. Asia-Pacific Optical Measurement Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Optical Measurement Market

9.1. China Optical Measurement Market Overview

9.2. China Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Optical Measurement Market

10.1. India Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Optical Measurement Market

11.1. Japan Optical Measurement Market Overview

11.2. Japan Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Optical Measurement Market

12.1. Australia Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Optical Measurement Market

13.1. Indonesia Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Optical Measurement Market

14.1. South Korea Optical Measurement Market Overview

14.2. South Korea Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Optical Measurement Market

15.1. Western Europe Optical Measurement Market Overview

15.2. Western Europe Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Optical Measurement Market

16.1. UK Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Optical Measurement Market

17.1. Germany Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Optical Measurement Market

18.5. France Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.6. France Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.7. France Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Optical Measurement Market

19.9. Italy Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.10. Italy Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.11. Italy Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Optical Measurement Market

20.13. Spain Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.14. Spain Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.15. Spain Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Optical Measurement Market

21.1. Eastern Europe Optical Measurement Market Overview

21.2. Eastern Europe Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Optical Measurement Market

22.1. Russia Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Optical Measurement Market

23.1. North America Optical Measurement Market Overview

23.2. North America Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Optical Measurement Market

24.1. USA Optical Measurement Market Overview

24.2. USA Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Optical Measurement Market

25.1. Canada Optical Measurement Market Overview

25.2. Canada Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Optical Measurement Market

26.1. South America Optical Measurement Market Overview

26.2. South America Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Optical Measurement Market

27.1. Brazil Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Optical Measurement Market

28.1. Middle East Optical Measurement Market Overview

28.2. Middle East Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Optical Measurement Market

29.1. Africa Optical Measurement Market Overview

29.2. Africa Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Optical Measurement Market Competitive Landscape And Company Profiles

30.1. Optical Measurement Market Competitive Landscape

30.2. Optical Measurement Market Company Profiles

30.2.1. Vision Engineering Limited

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Nikon Corporation

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Mitutoyo Corporation

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Hexagon AB

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Faro Business Technologies India Pvt. Ltd.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Optical Measurement Market Competitive Benchmarking

32. Global Optical Measurement Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Optical Measurement Market

34. Optical Measurement Market Future Outlook and Potential Analysis

34.1 Optical Measurement Market In 2028 - Countries Offering Most New Opportunities

34.2 Optical Measurement Market In 2028 - Segments Offering Most New Opportunities

34.3 Optical Measurement Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Optical Measurement Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Optical Measurement Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Vision Engineering Limited Financial Performance

Table 75: Nikon Corporation Financial Performance

Table 76: Mitutoyo Corporation Financial Performance

Table 77: Hexagon AB Financial Performance

Table 78: Faro Business Technologies India Pvt. Ltd. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Optical Measurement Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Optical Measurement Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Vision Engineering Limited Financial Performance

Figure 75: Nikon Corporation Financial Performance

Figure 76: Mitutoyo Corporation Financial Performance

Figure 77: Hexagon AB Financial Performance

Figure 78: Faro Business Technologies India Pvt. Ltd. Financial Performance

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Frequently Asked Questions

What is the definition of the optical measurement market?

How will the optical measurement market drivers and restraints affect the optical measurement market dynamics? What forces will shape the optical measurement industry going forward?

The optical measurement market major growth driver - growth in aerospace and defense industries drives the market. For further insights on the optical wavelength services market, request a sample here

What is the forecast market size or the forecast market value of the optical measurement market ?

The optical measurement market size has grown strongly in recent years. It will grow from $4.25 billion in 2023 to $4.58 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growing demand for 3d metrology services, increasing adoption of advanced optical measurement solutions, increasing r&d spending, growing industrialization, growing demand for quality control in various industries.. The optical measurement market size is expected to see strong growth in the next few years. It will grow to $6.14 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to continued emphasis on miniaturization in manufacturing, rise in demand for non-contact measurement techniques, expansion of applications in healthcare and life sciences, increasing complexity of manufacturing processes, growing demand for non-contact measurement techniques. Major trends in the forecast period include adoption of industry 4.0 and smart manufacturing, integration of artificial intelligence in optical measurement, increase in the use of hyperspectral imaging for material analysis, emergence of portable and handheld optical measurement devices, technological advancements . For further insights on the optical wavelength services market, request a sample here

How is the optical measurement market segmented?

The optical measurement market is segmentedThe optical measurement market covered in this report is segmented –
1) By Offering: Hardware, Software, Services
2) By Component: Autocollimators, Measuring Microscopes, Profile Projectors, Optical Digitizers and Scanners, Coordinate Measuring Machines (CMMs), Video Measuring Machines
3) By End-User: Automotive, Aerospace & Defense, Energy and Power, Electronics Manufacturing, Industrial, Medical, Other End UsersFor further insights on the optical wavelength services market, request a sample here

Which region has the largest share of the optical measurement market? What are the other regions covered in the report?

North America was the largest region in the optical measurement market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the optical measurement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the optical wavelength services market, request a sample here.

Who are the major players in the optical measurement market?

What are the key trends in the optical measurement market?

Major trend in the optical measurement market - introduction of coordinate measuring machine (cmm). For further insights on the optical wavelength services market, request a sample here.

What are the major opportunities in the optical measurement market? What are the strategies for the optical measurement market?

For detailed insights on the major opportunities and strategies in the optical measurement market, request a sample here.

How does the optical measurement market relate to the overall economy and other similar markets?

For detailed insights on optical measurement market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the optical measurement industry?

For detailed insights on the mergers and acquisitions in the optical measurement industry, request a sample here.

What are the key dynamics influencing the optical measurement market growth? SWOT analysis of the optical measurement market.

For detailed insights on the key dynamics influencing the optical measurement market growth and SWOT analysis of the optical measurement industry, request a sample here.