With a CAGR of 5.8% over the projected period, the optical measurement systems market is anticipated to grow from US$ 4230 million in 2022 to US$ 7456 million by 2032. (2022 to 2032).
The chemical and pharmaceutical industries’ rising need for high-purity grade products is linked to a number of things, including the widespread use of optical measurement devices. The market for optical measuring systems is growing as a result of increased adoption of cutting-edge optical measurement technologies, rising 3D metrology service demand, and rising R&D expenditure.
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Autocollimators, measuring microscopes, profile projectors, optical digitizers and scanners, coordinate measuring machines, and video measuring systems are some of the most widely used optical measuring systems in the world. Numerous end-use industries, including automotive, aerospace and defence, energy and power, electronics manufacturing, industrial, medical, and others, employ these systems extensively.
Automotive sector automated production operations demand a high degree of repeatability, precision, and traceability. OEMs and suppliers are working together to develop creative solutions to guarantee the best performance of measuring systems and accurate component fit. Manufacturers are increasingly using metrology-grade 3D scanning systems to virtually construct high-quality components and parts.
In the near future, rising R&D spending to release cutting-edge technologies is anticipated to positively impact the growth of the optical measuring systems market. Various businesses have also utilised cutting-edge technology and automation as a result of optical breakthroughs to market high-quality optical measurement devices.
Optical measuring systems are gaining recognition and adoption in many application industries at a rapid pace due to their exceptional attributes and characteristics that cater to the industry’s challenges efficiently. The development of application industries is the key factor driving demand for optical measuring systems in the coming years.
Key Players:
Some of the key players in the optical measuring systems markets are Nikon Metrology, Bowlers Group, Physical Digital Ltd, Mech Metrology, Carl Zeiss AG, Trimos SA, OMS Corporation, Jenoptik AG, Mitutoyo Corporation, Hexagon Manufacturing Intelligence and others.
Key Segments
By Light Beam:
- Vertical Optimeter
- Horizontal Optimeter
- Tool Maker’s Microscope
By Application:
- Automotive
- Aerospace
- Medical
- Manufacturing
- Others
By Region:
- North America
- Latin America
- Asia Pacific
- Europe
- MEA
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