What Has Driven the Growth of the Optical Measurement Market in Recent Years?
The optical measurement market has seen considerable growth due to a variety of factors.
• In the past few years, there has been a robust growth in the size of the optical measurement market. The market, which was valued at $4.5 billion in 2024, is projected to expand to $4.81 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.8%.
The unprecedented growth during the historical period is linked to the surging demand for 3D metrology services, heightened acceptance of cutting-edge optical measurement solutions, increasing funds allocated to research and development, escalating industrialization, and the rising need for quality control across various sectors.
What is the Market Size Forecast for the Optical Measurement Market?
The optical measurement market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of optical measurement is anticipated to witness robust expansion in the upcoming years, reaching a value of $6.46 billion in 2029 at a 7.6% Compound Annual Growth Rate (CAGR).
Factors contributing to growth in the forecasted period consist of the ongoing focus on minimization in production, a surging demand for non-contact measurement methods, widening of applications in the healthcare and life science sectors, and mounting intricacy in manufacturing processes. Key trends for the forecasted period encompass the implementation of Industry 4.0 and smart manufacturing, the assimilation of artificial intelligence into optical measurement, a surge in the application of hyperspectral imagery for material examination, the advent of portable and handheld optical measurement apparatuses, and advancements in technology.
What Are The Core Factors Supporting Growth In The Optical Measurement Market?
The upsurge in the aerospace and defense sectors is anticipated to fuel the expansion of the optical measurement market. These sectors include firms involved in the creation of aircraft, ships, spacecraft, weapon systems, and defense apparatus. Optical coatings, utilized as accurate optics, are widely used in aerospace and defense machinery. Consequently, the growing aerospace and defense sectors contribute to the amplified demand for the optical measurement market. For example, Airbus SE, a Netherlands-based aerospace enterprise disclosed in January 2023 that it delivered 661 commercial aircraft to 84 clients in 2022, which indicates an 8% surge from the 611 units sold in 2021. Thus, the burgeoning aerospace and defense sectors are spurring the growth of the optical measurement market.
What Are The Major Segments Within The Global Optical Measurement Market?
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 And Defense, Energy And Power, Electronics Manufacturing, Industrial, Medical, Other End Users
Subsegments:
1) By Hardware: Optical Sensors, Laser Systems, Imaging Systems, Measurement Instruments, Accessories
2) By Software: Data Analysis Software, Visualization Software, Calibration Software, Control And Automation Software, Application-Specific Software
3) By Services: Installation Services, Maintenance And Support Services, Calibration Services, Consulting Services, Training And Education Services
Pre-Book The Optical Measurement Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
Which Trends Are Expected To Transform The Optical Measurement Market?
The primary trend emerging in the optical measurement market is the advent of new technological innovations. In an effort to strengthen their foothold in the market, major companies operating in this space are introducing innovative solutions. Scantech, a high-tech firm based in China, unveiled its latest optical 3D measurement system, TrackScan-Sharp in April 2023. The new system, which embodies a new generation of Scantech's optical 3D measurement technology, has been specifically designed for measuring larger-scale components. It includes a portable 3D scanner, known as the i-Scanner, and an optical device, the i-Tracker.
Who Are the Key Players in the Optical Measurement Market?
Major companies operating in the optical measurement market include:
• 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
What Is The Most Dominant Region In The Optical Measurement Market?
North America was the largest region in the optical measurement market in 2024.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
