Global Optical Measurement Market Report 2024

Optical Measurement Global Market Report 2024 – By Offering (Hardware, Software, Services), By Component (Autocollimators, Measuring Microscopes, Profile Projectors, Optical Digitizers and Scanners, Coordinate Measuring Machines (CMMs), Video Measuring Machines), By End-User (Automotive, Aerospace & Defense, Energy and Power, Electronics Manufacturing, Industrial, Medical, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

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Optical Measurement Market Definition And Segments

Optical measurement refers to non-contact, fast, accurate, and reliable. The optical measurement had the ability to significantly reduce the duration of inspection compared to the traditional methods, allowing the manufacturers in several industry verticals to optimize the assembly cost and are used to monitor critical dimensions of manufactured parts in several industries.

The main types of optical measurement are autocollimators, measuring microscopes, profile projectors, optical digitizers and scanners, coordinate measuring machines (CMMS), and video measuring machines. The autocollimator optical measurements are used in automation. The specific functions of autocollimators are precision alignment, detection of angular movements, verification of angle standards, and angular monitoring for long periods. The various offerings include hardware, software, and services, which are used by various end-users such as automotive, aerospace and defense, energy and power, electronics manufacturing, industrial, medical, and others.

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 & Defense, Energy and Power, Electronics Manufacturing, Industrial, Medical, Other End Users

The optical measurement market size has grown strongly in recent years. It will grow from $4.25 billion in 2023 to $4.58 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growing demand for 3d metrology services, increasing adoption of advanced optical measurement solutions, increasing R&D spending, growing industrialization, growing demand for quality control in various industries.

The optical measurement market size is expected to see strong growth in the next few years. It will grow to $6.14 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to continued emphasis on miniaturization in manufacturing, rise in demand for non-contact measurement techniques, expansion of applications in healthcare and life sciences, increasing complexity of manufacturing processes, growing demand for non-contact measurement techniques. Major trends in the forecast period include adoption of industry 4.0 and smart manufacturing, integration of artificial intelligence in optical measurement, increase in the use of hyperspectral imaging for material analysis, emergence of portable and handheld optical measurement devices, technological advancements.

Growth In Aerospace And Defense Industries Drives The Market

The increase in aerospace and defense industries are expected to propel the growth of the optical measurement market going forward. Aerospace and defense industries refer to companies that build aircraft, ships, spacecraft, weapon systems, and defense equipment. Optical coatings are largely employed in aerospace and defense machines as precise optics. As a result, the increasing aerospace and defense industries help to increase the demand for the optical measurement market. For instance, in 2021, according to the Indian Brand Equity Foundation, an India-based government agency, India’s defense budget for 2020-21 stood at INR 4,71,378 crore (USD 67.4 billion), which is 9.37% higher than that in 2019-20.Therefore, the increase in aerospace and defense industries is driving the growth of the optical measurement market.

Rising Demand For Smart Electronic Devices Drives The Market

Increasing demand for smart electronic devices is expected to propel the growth of the optical measurement market going forward. Smart electronic devices refer to context-aware electronic devices that can perform independent computing and communicate with other devices for data exchange. Optical measurement is widely used in smart electronic devices, particularly using optical sensors. These sensors are designed to detect and convert incident light rays into electrical signals, which can then be used to measure various parameters depending on the sensor type. For instance, according to Oberlo, a Germany-based operator of a drop-shipping platform, the number of households in the US using smart home devices has been steadily increasing over the years, in 2023, it is estimated that 63.43 million US households will be actively using smart home devices, which is a 10.2% increase from 2022.Therefore, the increasing demand for smart electronic devices will drive the growth of the optical measurement market going forward.

Major companies operating in the optical measurement market report are 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

Introduction Of Coordinate Measuring Machine (CMM)

New technological innovations have emerged as the key trend gaining popularity in the optical measurement market. Major companies operating in the optical measurement market are introducing innovations to reinforce their position in the market. For instance, in March 2021, Hexagon's Manufacturing Intelligence division, a Sweden-based technology company, introduced a new coordinate measuring machine (CMM) that addresses the challenges of measuring delicate components such as smartphone camera lens assemblies. This CMM allows manufacturers to perform quality inspections four to six times faster than conventional methods while maintaining uncompromising sub-micron accuracy. The new CMM leverages advanced technology and features to provide accurate and efficient measurements of delicate components. It is designed to minimize the risk of damage to fragile parts during the inspection process and offers high-speed, non-contact measurement capabilities.

Strategic Partnerships To Expand Offerings

Major companies operating in the optical measurement market are entering into strategic partnerships to expand their offerings. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in September 2023, AIMS Metrology (Advanced Industrial Measurement Systems), an Ohio-based an Original Equipment Manufacturer (OEM) and a CMM supply company, partnered with Optical Gaging Products (OGP) to advance measurement solutions. Through this collaboration, AIMS will be able to offer multisensor measurement with optical gaging products, including Smartscope E-Series and the most advanced technologies to address inspection difficulties. Optical Gaging Products (OGP) is a US-based precision multisensor metrology systems for industrial quality control.

MKS Instruments Announces Agreement To Acquire Photon Control

In May 2021, MKS Instruments Inc., a US-based manufacturer of instruments, subsystems, and process control systems acquired Photon Control Inc. for $291.44 million. With this acquisition, MKS Instruments Inc. focuses on expanding its portfolio of key technologies and enhancing its critical etch and deposition applications in semiconductor wafer fabrication. Photon Control Inc. is a Canada-based manufacturer of optical position and displacement sensors.

North America was the largest region in the optical measurement market in 2023.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

The countries covered in the optical measurement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The optical measurement market includes revenues earned by entities by providing services such as scene monitoring, scattering, absorption, and extinction. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The optical measurement market research report is one of a series of new reports from The Business Research Company that provides optical measurement market statistics, including optical measurement industry global market size, regional shares, competitors with an optical measurement market share, detailed optical measurement market segments, market trends and opportunities, and any further data you may need to thrive in the optical measurement industry. This optical measurement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Optical Measurement Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $4.58 billion
Revenue Forecast In 2033 $6.14 billion
Growth Rate CAGR of 7.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 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 & Defense, Energy and Power, Electronics Manufacturing, Industrial, Medical, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled 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
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Optical Measurement Market Characteristics

    3. Optical Measurement Market Trends And Strategies

    4. Optical Measurement Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Optical Measurement Market Size and Growth

    5.1. Global Optical Measurement Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Optical Measurement Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Optical Measurement Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Optical Measurement Market Segmentation

    6.1. Global Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Hardware

    Software

    Services

    6.2. Global Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Autocollimators

    Measuring Microscopes

    Profile Projectors

    Optical Digitizers and Scanners

    Coordinate Measuring Machines (CMMs)

    Video Measuring Machines

    6.3. Global Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Automotive

    Aerospace & Defense

    Energy and Power

    Electronics Manufacturing

    Industrial

    Medical

    Other End Users

    7. Optical Measurement Market Regional And Country Analysis

    7.1. Global Optical Measurement Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Optical Measurement Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Optical Measurement Market

    8.1. Asia-Pacific Optical Measurement Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Optical Measurement Market

    9.1. China Optical Measurement Market Overview

    9.2. China Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Optical Measurement Market

    10.1. India Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Optical Measurement Market

    11.1. Japan Optical Measurement Market Overview

    11.2. Japan Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Optical Measurement Market

    12.1. Australia Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Optical Measurement Market

    13.1. Indonesia Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Optical Measurement Market

    14.1. South Korea Optical Measurement Market Overview

    14.2. South Korea Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Optical Measurement Market

    15.1. Western Europe Optical Measurement Market Overview

    15.2. Western Europe Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Optical Measurement Market

    16.1. UK Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Optical Measurement Market

    17.1. Germany Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Optical Measurement Market

    18.5. France Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Optical Measurement Market

    19.9. Italy Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Optical Measurement Market

    20.13. Spain Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Optical Measurement Market

    21.1. Eastern Europe Optical Measurement Market Overview

    21.2. Eastern Europe Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Optical Measurement Market

    22.1. Russia Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Optical Measurement Market

    23.1. North America Optical Measurement Market Overview

    23.2. North America Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Optical Measurement Market

    24.1. USA Optical Measurement Market Overview

    24.2. USA Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Optical Measurement Market

    25.1. Canada Optical Measurement Market Overview

    25.2. Canada Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Optical Measurement Market

    26.1. South America Optical Measurement Market Overview

    26.2. South America Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Optical Measurement Market

    27.1. Brazil Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Optical Measurement Market

    28.1. Middle East Optical Measurement Market Overview

    28.2. Middle East Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Optical Measurement Market

    29.1. Africa Optical Measurement Market Overview

    29.2. Africa Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Optical Measurement Market Competitive Landscape And Company Profiles

    30.1. Optical Measurement Market Competitive Landscape

    30.2. Optical Measurement Market Company Profiles

    30.2.1. Vision Engineering Limited

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Nikon Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Mitutoyo Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Hexagon AB

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Faro Business Technologies India Pvt. Ltd.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Optical Measurement Market Competitive Benchmarking

    32. Global Optical Measurement Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Optical Measurement Market

    34. Optical Measurement Market Future Outlook and Potential Analysis

    34.1 Optical Measurement Market In 2028 - Countries Offering Most New Opportunities

    34.2 Optical Measurement Market In 2028 - Segments Offering Most New Opportunities

    34.3 Optical Measurement Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Optical Measurement Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Optical Measurement Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Vision Engineering Limited Financial Performance
  • Table 75: Nikon Corporation Financial Performance
  • Table 76: Mitutoyo Corporation Financial Performance
  • Table 77: Hexagon AB Financial Performance
  • Table 78: Faro Business Technologies India Pvt. Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Optical Measurement Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Optical Measurement Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Optical Measurement Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Optical Measurement Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Optical Measurement Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Vision Engineering Limited Financial Performance
  • Figure 75: Nikon Corporation Financial Performance
  • Figure 76: Mitutoyo Corporation Financial Performance
  • Figure 77: Hexagon AB Financial Performance
  • Figure 78: Faro Business Technologies India Pvt. Ltd. Financial Performance
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Frequently Asked Questions

What is the definition of the optical measurement market?

Optical measurement refers to non-contact, fast, accurate, and reliable. The optical measurement had the ability to significantly reduce the duration of inspection compared to the traditional methods, allowing the manufacturers in several industry verticals to optimize the assembly cost and are used to monitor critical dimensions of manufactured parts in several industries. For further insights on the optical wavelength services market, request a sample here

How will the optical measurement market drivers and restraints affect the optical measurement market dynamics? What forces will shape the optical measurement industry going forward?

The optical measurement market major growth driver - growth in aerospace and defense industries drives the market. For further insights on the optical wavelength services market, request a sample here

What is the forecast market size or the forecast market value of the optical measurement market ?

The optical measurement market size has grown strongly in recent years. It will grow from $4.25 billion in 2023 to $4.58 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growing demand for 3d metrology services, increasing adoption of advanced optical measurement solutions, increasing r&d spending, growing industrialization, growing demand for quality control in various industries.. The optical measurement market size is expected to see strong growth in the next few years. It will grow to $6.14 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to continued emphasis on miniaturization in manufacturing, rise in demand for non-contact measurement techniques, expansion of applications in healthcare and life sciences, increasing complexity of manufacturing processes, growing demand for non-contact measurement techniques. Major trends in the forecast period include adoption of industry 4.0 and smart manufacturing, integration of artificial intelligence in optical measurement, increase in the use of hyperspectral imaging for material analysis, emergence of portable and handheld optical measurement devices, technological advancements . For further insights on the optical wavelength services market, request a sample here

How is the optical measurement market segmented?

The optical measurement market is segmentedThe 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 & Defense, Energy and Power, Electronics Manufacturing, Industrial, Medical, Other End UsersFor further insights on the optical wavelength services market,
request a sample here

Which region has the largest share of the optical measurement market? What are the other regions covered in the report?

North America was the largest region in the optical measurement market in 2023. 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 For further insights on the optical wavelength services market, request a sample here.

Who are the major players in the optical measurement market?

Major companies operating in the optical measurement market report are 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 For further insights on the optical wavelength services market, request a sample here.

What are the key trends in the optical measurement market?

Major trend in the optical measurement market - introduction of coordinate measuring machine (cmm). For further insights on the optical wavelength services market, request a sample here.

What are the major opportunities in the optical measurement market? What are the strategies for the optical measurement market?

For detailed insights on the major opportunities and strategies in the optical measurement market, request a sample here.

How does the optical measurement market relate to the overall economy and other similar markets?

For detailed insights on optical measurement market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the optical measurement industry?

For detailed insights on the mergers and acquisitions in the optical measurement industry, request a sample here.

What are the key dynamics influencing the optical measurement market growth? SWOT analysis of the optical measurement market.

For detailed insights on the key dynamics influencing the optical measurement market growth and SWOT analysis of the optical measurement industry, request a sample here.