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 usage of optical measuring devices in a range of applications has contributed to increased demand for high-purity grade products in the chemical and pharmaceutical industries. Because of rising demand for 3D metrology services, greater adoption of advanced optical measurement solutions, and higher R&D spending, the optical measuring systems market is developing.
Autocollimators, measuring microscopes, profile projectors, optical digitizers and scanners, coordinate measuring machines, and video measuring machines are some of the most regularly used optical measuring devices globally. These systems are widely employed in a variety of end-use industries, including automotive, aerospace and defence, energy and power, electronics manufacturing, industrial, and medical, among others.
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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.
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.
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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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