What are the Historical Developments and Current Growth Metrics of the Video Measuring System Market?
The video measuring system market has seen considerable growth due to a variety of factors.
• In recent times, there has been a swift expansion in the market size of the video measuring system, surging from $7.2 billion in 2024 to $8.18 billion in 2025, with a compound annual growth rate (CAGR) of 13.7%.
This notable growth during the historic period is credited to factors such as the escalating adoption of precise measurement techniques, a rise in quality assurance demands, the globalization of manufacturing sectors, and the broad range of applications across various industries.
What Does Future Hold for The Video Measuring System Market By 2029?
The video measuring system market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of the video measuring system is projected to experience a significant surge in the coming years, settling at $12.77 billion by the year 2029, with a compound annual growth rate (CAGR) of 11.8%.
This significant growth during the forecasted period is attributed to factors such as the emergence of Industry 4.0 and smart manufacturing, advancements in automation and integration, enhanced software capabilities, adaptability to the environment, increased complexity of components, and a rising emphasis on non-contact measurement. The forecasted period will also see major trends such as technology advancements in the camera sector, the incorporation of artificial intelligence, 3D measurement, refined calibration techniques, and customisation tailored to specific industries.
What Are The Primary Growth Drivers In The Video Measuring System Market?
The growth of the video measuring system market is anticipated to be bolstered by increasing uptake of smart manufacturing. Enhanced manufacturing categories that employ computer-integrated manufacturing, digital information technology, quick design modifications, adaptable characteristics, and advanced technical workforce training epitomize smart manufacturing. To ensure quality control and precision in production procedures, video measuring systems are employed in smart manufacturing for accurate, automated contact-free measurements. For example, a survey conducted by US-based industrial automation and digital transformation technologies provider Rockwell Automation, Inc. in May 2022 revealed extraordinary year-over-year growth of 50% in the adoption of smart factory technologies, as per the 321 manufacturers' feedback. Furthermore, either currently using or intending to incorporate artificial intelligence into their manufacturing processes were 74% of manufacturers, with 83% of manufacturing professionals intending to transition their modernization procedures to smart factories. Hence, the growing uptake of smart manufacturing is fueling the video measuring system market.
What Is The Segmentation Of The Global Video Measuring System Market?
The video measuring system market covered in this report is segmented –
1) By Product Type: Manual Video Measuring System, Automated Video Measuring System
2) By Offering: Hardware, Software, Services
3) By Application: Automotive, Aerospace And Defense, Heavy Machinery, Energy And Power, Electronics, Medical, Other Applications
Subsegments:
1) By Manual Video Measuring System: Benchtop Manual Video Measuring System, Portable Manual Video Measuring System
2) By Automated Video Measuring System: CNC Video Measuring System, In-line Automated Video Measuring System, Multi-sensor Automated Video Measuring System
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What New Trends Are Influencing The Video Measuring System Market?
Major players in the video measuring system market are concentrating on the formulation of innovative products, incorporating sophisticated technological solutions such as optical analysis and measurement systems. These kinds of systems involve the use of optics in gauging and analyzing different light characteristics, such as wavelength, intensity, and polarization state. Consider the case of QATM, a German firm specializing in materialography and hardness testing that launched Qeye 800 in March 2023. This advanced optical analysis and measurement system, explicitly designed for meticulous examination and measurement of specimens, focuses on standardized weld seam measurement and inspection. It comes packed with necessary measurement tools like A dimension, depth burn-in, evaluation limits, and a standard-compliant inspection report. Furthermore, the Qeye 800 smoothly integrates into the user-friendly Qpix Control2 software for optimal usage.
Who Are the Key Players In The Video Measuring System Market?
Major companies operating in the video measuring system market report are:
• Carl Zeiss AG
• Keyence Corporation
• Hexagon AB
• Nikon Corporation
• Advantest Corporation
• Trimble Inc.
• Leica Geosystems AG
• Cognex Corporation
• Renishaw plc
• Mitutoyo Corporation
• 3D Systems Corporation
• FARO Technologies Inc.
• GOM GmbH
• E. Zoller GmbH & Co. KG
• Accu-Tech Measurement System Ltd.
• Creaform Inc.
• Perceptron Inc.
• LMI Technologies Inc.
• Wenzel Group GmbH & Co. KG
• Sipcon Instrument Industries
• Vision Engineering Ltd.
• Zygo Corporation
• Carmar Accuracy Co. Ltd.
• OCTUM GmbH
• Dongguan Yihui Optoelectronics Technology Co. Ltd.
What Are The Regional Insights Into The Video Measuring System Market?
Asia-Pacific was the largest region in the video measuring system market in 2024. The regions covered in the video measuring system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
