MARKET INTRODUCTION
The optical measurement is the process of creation of digitally encoded illustration of the visual individualities of an object such as the physical scene and interior structure of an object. The growing demand for industrial automation is one of the significant factors that is expected to support the growth of the optical measurement market. The optical measurement market is highly competitive with the presence of some of the major players operating in the market, such as GE Company, Nikon, Cognex, and Ametek, among others.
MARKET DYNAMICS
Growing trends for 3D meteorology services, adoption of advanced meteorology services, and the increase in R&D spending are the major factors that are expected to drive the growth of the optical measurement market. However, price sensitivity might hinder the growth of the optical measurement market. The growing industrialization in the emerging economies and increasing penetration of industry 4.0 is creating lucrative business opportunities for the companies operating in the market to gain a strong customer base. However, increasing rental and leasing services might create a challenge for the optical measurement market.
MARKET SCOPE
The "Global Optical Measurement Market Analysis to 2028" is a specialized and in-depth study of the optical measurement industry with a special focus on the global market trend analysis. The report aims to provide an overview of optical measurement market with detailed market segmentation by offering, equipment type, industry vertical and geography. The global optical measurement market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading optical measurement market players and offers key trends and opportunities in the optical measurement market.
MARKET SEGMENTATION
The global optical measurement market is segmented on the basis of offering, equipment type, industry vertical. On the basis of offering the market is segmented as hardware, software, and services. On the basis of equipment type, the market is segmented as autocollimators, measuring microscopes, profile projectors, optical digitizers and scanners, coordinate measuring machines, and video measuring machines. Based on industry vertical, the market is segmented as automotive, aerospace and defense, energy and power, electronics manufacturing, medical, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global optical measurement market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The optical measurement market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting optical measurement market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the optical measurement market in these regions.
MARKET PLAYERS
The reports cover key developments in the optical measurement market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from optical measurement market are anticipated to lucrative growth opportunities in the future with the rising demand for optical measurement in the global market. Below mentioned is the list of few companies engaged in the optical measurement market.
The report also includes the profiles of key optical measurement companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Carl Zeiss
- FARO Technologies, Inc.
- GOM
- Hexagon AB
- Jenoptik AG
- Keyence Corporation
- Mitutoyo Corporation
- Nikon Metrology NV
- Vision Engineering Ltd
- Zygo Corporation.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.