Optical Measurement Market was valued at US$ 5.65 Bn in 2022 and is expected to reach US$ 10.37 Bn by 2029 at a CAGR of 9.05%. The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report An optical measurement system is a type of measuring device that is used for measuring the physical properties of a number of products. Optical measurement is a non-contact measuring solution that is used for inspection and process control purposes. It involves the measurement of passing light and optical beams in different angles above the product and then these lights get reflected by the optical sensors. The development of application industries is the key factor driving demand of the optical measuring market in upcoming years. The optical measuring system is required for improving accuracy in measuring of physical properties of a product. Emerging business models like collaboration and partnership amid the market players present in the application universe and new product development with improved operational efficiency in a cost-effective manner are inferred as one of the driving factors for the acceptance of an optical measurement system. Though, high operation and investment costs and usage of fragile components are two major restraints expected to negatively impact future demand and adoption barriers for the optical measuring market. The automotive segment is dominating the optical measurement market. The automotive industry has been progressively using optical measurement solutions for improving safety and comfort levels in vehicles. These factors have contributed to the increased adoption of optical measurement in the automotive vertical. So, in 2022, the automotive vertical has the largest market for optical measurement. A Video measuring machine (VMM) is expected to grow at the highest rate during the forecast period. VMM is an emerging measurement solution between industries as it enables manufacturers to monitor the efficiency and quality of components required to build desired industrial products. This system has gained marvelous popularity in recent years as of its features such as improved speed, greater accuracy, and the availability of customization based on application. Region-wise, the Asia Pacific is expected to be the fastest-growing region during the forecast period. The wide-scale adoption of optical measurement technologies for industrial applications is the key factor supporting the growth of the market in the APAC region. The increasing adoption of precision measurement advanced technology by manufacturers with a focus on accuracy and reliability of the manufactured products is further expected to boost the growth of the optical measurement market in APAC. Global optical measurement market report includes PESTLE analysis, competitive landscape, and Porter’s five force model. Market attractive analysis wherein all the segments are benchmarked based on the market size, growth rate, and general attractiveness. The key market players operating in the global optical measurement market are, Nikon Instruments Inc., Hexagon Metrology Inc., GOM mbH, Mitutoyo Corporation, FARO Technologies, KLA-Tencor Corporation, Quality Vision International Pvt. Ltd., Nova Measuring Instruments Ltd., Steinbichler, Optotechnik GmbH, Nanometrics Incorporated, Breuckmann GmbH, Perceptron Inc., ST Industries Inc., Creaform, and Micro-Vu Corp, Third Dimension, Zygo, Vision Engineering Ltd, Carl Zeiss Meditec AG.
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Optical Measurement Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.65 Bn. Forecast Period 2023 to 2029 CAGR: 9.05% Market Size in 2029: US $ 10.37 Bn. Segments Covered: by Equipment Autocollimator Measuring Microscope Profile Projector ODS CMM VMM by Offering Hardware Software Services by Vertical Industrial Automotive by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Optical Measurement Market Key Players
1. Nikon Instruments Inc. 2. Hexagon Metrology Inc. 3. GOM mbH 4. Mitutoyo Corporation 5. FARO Technologies 6. KLA-Tencor Corporation 7. Quality Vision International Pvt. Ltd. 8. Nova Measuring Instruments Ltd. 9. Steinbichler Optotechnik GmbH 10.Nanometrics Incorporated 11.Breuckmann GmbH 12.Perceptron Inc. 13.ST Industries Inc. 14.Creaform, and Micro-Vu Corp 15.Third Dimension 16.Zygo 17.Vision Engineering Ltd 18.Carl Zeiss Meditec AG Frequently Asked Questions: 1. Which region has the largest share in Global Optical Measurement Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Optical Measurement Market? Ans: The Global Optical Measurement Market is growing at a CAGR of 9.05% during forecasting period 2023-2029. 3. What is scope of the Global Optical Measurement market report? Ans: Global Optical Measurement Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Optical Measurement market? Ans: The important key players in the Global Optical Measurement Market are – Nikon Instruments Inc., Hexagon Metrology Inc., GOM mbH, Mitutoyo Corporation, FARO Technologies, KLA-Tencor Corporation, Quality Vision International Pvt. Ltd., Nova Measuring Instruments Ltd., Steinbichler Optotechnik GmbH, Nanometrics Incorporated, Breuckmann GmbH, Perceptron Inc., ST Industries Inc., Creaform, and Micro-Vu Corp, Third Dimension, Zygo, Vision Engineering Ltd, Carl Zeiss Meditec AG, and 5. What is the study period of this market? Ans: The Global Optical Measurement Market is studied from 2022 to 2029.
1. Optical Measurement Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Optical Measurement Market: Dynamics 2.1. Optical Measurement Market Trends by Region 2.1.1. North America Optical Measurement Market Trends 2.1.2. Europe Optical Measurement Market Trends 2.1.3. Asia Pacific Optical Measurement Market Trends 2.1.4. Middle East and Africa Optical Measurement Market Trends 2.1.5. South America Optical Measurement Market Trends 2.2. Optical Measurement Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Optical Measurement Market Drivers 2.2.1.2. North America Optical Measurement Market Restraints 2.2.1.3. North America Optical Measurement Market Opportunities 2.2.1.4. North America Optical Measurement Market Challenges 2.2.2. Europe 2.2.2.1. Europe Optical Measurement Market Drivers 2.2.2.2. Europe Optical Measurement Market Restraints 2.2.2.3. Europe Optical Measurement Market Opportunities 2.2.2.4. Europe Optical Measurement Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Optical Measurement Market Drivers 2.2.3.2. Asia Pacific Optical Measurement Market Restraints 2.2.3.3. Asia Pacific Optical Measurement Market Opportunities 2.2.3.4. Asia Pacific Optical Measurement Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Optical Measurement Market Drivers 2.2.4.2. Middle East and Africa Optical Measurement Market Restraints 2.2.4.3. Middle East and Africa Optical Measurement Market Opportunities 2.2.4.4. Middle East and Africa Optical Measurement Market Challenges 2.2.5. South America 2.2.5.1. South America Optical Measurement Market Drivers 2.2.5.2. South America Optical Measurement Market Restraints 2.2.5.3. South America Optical Measurement Market Opportunities 2.2.5.4. South America Optical Measurement Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Optical Measurement Industry 2.8. Analysis of Government Schemes and Initiatives For Optical Measurement Industry 2.9. Optical Measurement Market Trade Analysis 2.10. The Global Pandemic Impact on Optical Measurement Market 3. Optical Measurement Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 3.1.1. Autocollimator 3.1.2. Measuring Microscope 3.1.3. Profile Projector 3.1.4. ODS 3.1.5. CMM 3.1.6. VMM 3.2. Optical Measurement Market Size and Forecast, by Offering (2022-2029) 3.2.1. Hardware 3.2.2. Software 3.2.3. Services 3.3. Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 3.3.1. Industrial 3.3.2. Automotive 3.4. Optical Measurement Market Size and Forecast, by Region (2022-2029) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Optical Measurement Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 4.1.1. Autocollimator 4.1.2. Measuring Microscope 4.1.3. Profile Projector 4.1.4. ODS 4.1.5. CMM 4.1.6. VMM 4.2. North America Optical Measurement Market Size and Forecast, by Offering (2022-2029) 4.2.1. Hardware 4.2.2. Software 4.2.3. Services 4.3. North America Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 4.3.1. Industrial 4.3.2. Automotive 4.4. North America Optical Measurement Market Size and Forecast, by Country (2022-2029) 4.4.1. United States 4.4.1.1. United States Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 4.4.1.1.1. Autocollimator 4.4.1.1.2. Measuring Microscope 4.4.1.1.3. Profile Projector 4.4.1.1.4. ODS 4.4.1.1.5. CMM 4.4.1.1.6. VMM 4.4.1.2. United States Optical Measurement Market Size and Forecast, by Offering (2022-2029) 4.4.1.2.1. Hardware 4.4.1.2.2. Software 4.4.1.2.3. Services 4.4.1.3. United States Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 4.4.1.3.1. Industrial 4.4.1.3.2. Automotive 4.4.2. Canada 4.4.2.1. Canada Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 4.4.2.1.1. Autocollimator 4.4.2.1.2. Measuring Microscope 4.4.2.1.3. Profile Projector 4.4.2.1.4. ODS 4.4.2.1.5. CMM 4.4.2.1.6. VMM 4.4.2.2. Canada Optical Measurement Market Size and Forecast, by Offering (2022-2029) 4.4.2.2.1. Hardware 4.4.2.2.2. Software 4.4.2.2.3. Services 4.4.2.3. Canada Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 4.4.2.3.1. Industrial 4.4.2.3.2. Automotive 4.4.3. Mexico 4.4.3.1. Mexico Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 4.4.3.1.1. Autocollimator 4.4.3.1.2. Measuring Microscope 4.4.3.1.3. Profile Projector 4.4.3.1.4. ODS 4.4.3.1.5. CMM 4.4.3.1.6. VMM 4.4.3.2. Mexico Optical Measurement Market Size and Forecast, by Offering (2022-2029) 4.4.3.2.1. Hardware 4.4.3.2.2. Software 4.4.3.2.3. Services 4.4.3.3. Mexico Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 4.4.3.3.1. Industrial 4.4.3.3.2. Automotive 5. Europe Optical Measurement Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 5.2. Europe Optical Measurement Market Size and Forecast, by Offering (2022-2029) 5.3. Europe Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 5.4. Europe Optical Measurement Market Size and Forecast, by Country (2022-2029) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 5.4.1.2. United Kingdom Optical Measurement Market Size and Forecast, by Offering (2022-2029) 5.4.1.3. United Kingdom Optical Measurement Market Size and Forecast, by Vertical(2022-2029) 5.4.2. France 5.4.2.1. France Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 5.4.2.2. France Optical Measurement Market Size and Forecast, by Offering (2022-2029) 5.4.2.3. France Optical Measurement Market Size and Forecast, by Vertical(2022-2029) 5.4.3. Germany 5.4.3.1. Germany Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 5.4.3.2. Germany Optical Measurement Market Size and Forecast, by Offering (2022-2029) 5.4.3.3. Germany Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 5.4.4. Italy 5.4.4.1. Italy Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 5.4.4.2. Italy Optical Measurement Market Size and Forecast, by Offering (2022-2029) 5.4.4.3. Italy Optical Measurement Market Size and Forecast, by Vertical(2022-2029) 5.4.5. Spain 5.4.5.1. Spain Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 5.4.5.2. Spain Optical Measurement Market Size and Forecast, by Offering (2022-2029) 5.4.5.3. Spain Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 5.4.6. Sweden 5.4.6.1. Sweden Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 5.4.6.2. Sweden Optical Measurement Market Size and Forecast, by Offering (2022-2029) 5.4.6.3. Sweden Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 5.4.7. Austria 5.4.7.1. Austria Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 5.4.7.2. Austria Optical Measurement Market Size and Forecast, by Offering (2022-2029) 5.4.7.3. Austria Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 5.4.8.2. Rest of Europe Optical Measurement Market Size and Forecast, by Offering (2022-2029) 5.4.8.3. Rest of Europe Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 6. Asia Pacific Optical Measurement Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 6.2. Asia Pacific Optical Measurement Market Size and Forecast, by Offering (2022-2029) 6.3. Asia Pacific Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 6.4. Asia Pacific Optical Measurement Market Size and Forecast, by Country (2022-2029) 6.4.1. China 6.4.1.1. China Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 6.4.1.2. China Optical Measurement Market Size and Forecast, by Offering (2022-2029) 6.4.1.3. China Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 6.4.2. S Korea 6.4.2.1. S Korea Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 6.4.2.2. S Korea Optical Measurement Market Size and Forecast, by Offering (2022-2029) 6.4.2.3. S Korea Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 6.4.3. Japan 6.4.3.1. Japan Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 6.4.3.2. Japan Optical Measurement Market Size and Forecast, by Offering (2022-2029) 6.4.3.3. Japan Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 6.4.4. India 6.4.4.1. India Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 6.4.4.2. India Optical Measurement Market Size and Forecast, by Offering (2022-2029) 6.4.4.3. India Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 6.4.5. Australia 6.4.5.1. Australia Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 6.4.5.2. Australia Optical Measurement Market Size and Forecast, by Offering (2022-2029) 6.4.5.3. Australia Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 6.4.6. Indonesia 6.4.6.1. Indonesia Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 6.4.6.2. Indonesia Optical Measurement Market Size and Forecast, by Offering (2022-2029) 6.4.6.3. Indonesia Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 6.4.7. Malaysia 6.4.7.1. Malaysia Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 6.4.7.2. Malaysia Optical Measurement Market Size and Forecast, by Offering (2022-2029) 6.4.7.3. Malaysia Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 6.4.8. Vietnam 6.4.8.1. Vietnam Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 6.4.8.2. Vietnam Optical Measurement Market Size and Forecast, by Offering (2022-2029) 6.4.8.3. Vietnam Optical Measurement Market Size and Forecast, by Vertical(2022-2029) 6.4.9. Taiwan 6.4.9.1. Taiwan Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 6.4.9.2. Taiwan Optical Measurement Market Size and Forecast, by Offering (2022-2029) 6.4.9.3. Taiwan Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 6.4.10.2. Rest of Asia Pacific Optical Measurement Market Size and Forecast, by Offering (2022-2029) 6.4.10.3. Rest of Asia Pacific Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 7. Middle East and Africa Optical Measurement Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 7.2. Middle East and Africa Optical Measurement Market Size and Forecast, by Offering (2022-2029) 7.3. Middle East and Africa Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 7.4. Middle East and Africa Optical Measurement Market Size and Forecast, by Country (2022-2029) 7.4.1. South Africa 7.4.1.1. South Africa Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 7.4.1.2. South Africa Optical Measurement Market Size and Forecast, by Offering (2022-2029) 7.4.1.3. South Africa Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 7.4.2. GCC 7.4.2.1. GCC Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 7.4.2.2. GCC Optical Measurement Market Size and Forecast, by Offering (2022-2029) 7.4.2.3. GCC Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 7.4.3. Nigeria 7.4.3.1. Nigeria Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 7.4.3.2. Nigeria Optical Measurement Market Size and Forecast, by Offering (2022-2029) 7.4.3.3. Nigeria Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 7.4.4.2. Rest of ME&A Optical Measurement Market Size and Forecast, by Offering (2022-2029) 7.4.4.3. Rest of ME&A Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 8. South America Optical Measurement Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 8.2. South America Optical Measurement Market Size and Forecast, by Offering (2022-2029) 8.3. South America Optical Measurement Market Size and Forecast, by Vertical(2022-2029) 8.4. South America Optical Measurement Market Size and Forecast, by Country (2022-2029) 8.4.1. Brazil 8.4.1.1. Brazil Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 8.4.1.2. Brazil Optical Measurement Market Size and Forecast, by Offering (2022-2029) 8.4.1.3. Brazil Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 8.4.2. Argentina 8.4.2.1. Argentina Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 8.4.2.2. Argentina Optical Measurement Market Size and Forecast, by Offering (2022-2029) 8.4.2.3. Argentina Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Optical Measurement Market Size and Forecast, by Equipment (2022-2029) 8.4.3.2. Rest Of South America Optical Measurement Market Size and Forecast, by Offering (2022-2029) 8.4.3.3. Rest Of South America Optical Measurement Market Size and Forecast, by Vertical (2022-2029) 9. Global Optical Measurement Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Optical Measurement Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Nikon Instruments Inc. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Hexagon Metrology Inc. 10.3. GOM mbH 10.4. Mitutoyo Corporation 10.5. FARO Technologies 10.6. KLA-Tencor Corporation 10.7. Quality Vision International Pvt. Ltd. 10.8. Nova Measuring Instruments Ltd. 10.9. Steinbichler Optotechnik GmbH 10.10. Nanometrics Incorporated 10.11. Breuckmann GmbH 10.12. Perceptron Inc. 10.13. ST Industries Inc. 10.14. Creaform, and Micro-Vu Corp 10.15. Third Dimension 10.16. Zygo 10.17. Vision Engineering Ltd 10.18. Carl Zeiss Meditec AG 11. Key Findings 12. Industry Recommendations 13. Optical Measurement Market: Research Methodology 14. Terms and Glossary