Optical Measuring Systems Market Projected to Reach US$ 7,456 Million with a CAGR of 5.8% by 2032

The global optical measuring systems market is anticipated to be worth US$ 4230 million in 2022 and US$ 7456 million by 2032, with a 5.8 percent CAGR from 2022 to 2032.

The demand for high-purity grade products in the chemical and pharmaceutical industries has expanded as a result of the use of optical measuring equipment in a variety of applications. The optical measuring systems market is expanding as a result of growing demand for 3D metrology services, increased usage of cutting-edge optical measurement solutions, and increased R&D spending.

Some of the most frequently used optical measuring devices worldwide include autocollimators, measuring microscopes, profile projectors, optical digitizers and scanners, coordinate measuring machines, and video measuring machines. Numerous end-use industries, such as the automotive, aerospace and military, energy and power, production of electronics, industrial, and medical, among others, use these systems extensively.

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Automated manufacturing workflows in the automotive industry require a high level of traceability, precision, and repeatability. OEMs and suppliers are collaborating to create innovative solutions to ensure optimal measuring system performance and proper component fit. Metrology-grade 3D scanning solutions are increasingly being used by manufacturers to virtually build high-quality components and parts.

Growing investment in R&D to introduce advanced products is expected to have a positive impact on optical measuring systems market growth shortly. Furthermore, as a result of optical advancements, various companies have adopted modern technologies and automation to introduce 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.

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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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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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