Automated Optical Metrology Market By Product (Laser Scanners, Video Measuring Machines (Vmm), Coordinate Measuring Machines (Cmm)), By End-Use Application (Industrial Manufacturing, Automotive, Heavy Industry, Electrical And Electronics, Aerospace, Energy And Power) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

The mounting pressure on industrial manufacturers to achieve economies of scale, deliver quality products, sustain profitability, and meet the ever-rising consumption demand has led to increased industrial automation. This, in turn, has had a positive impact on the overall demand for automated optical metrology solutions in inspection, quality control, reverse engineering, and virtual simulation applications. The mounting pressure to match quality standards and the high error occurrences in traditional measuring solutions are further expected to favor market demand during the forecast period of 2016–2023.

These factors are expected to contribute to a compounded annual growth rate (CAGR) of 7.3% during the forecast period of 2016–2023. However, concerns, including a lack of technology standardization across multiple verticals and the requisite expertise to efficiently operate optical metrology solutions, may pose a moderate challenge to the growth prospects over the forecast period.

Report Scope

This report analyses the global automated optical metrology market in terms of product, end-use application, and geography. On the basis of product, the market is segmented into laser scanners, video measuring machines (VMM), and coordinate measuring machines (CMM). Similarly, on the basis of end-use application, the global market for automated optical metrology is further classified into industrial manufacturing, automotive, heavy industry, electrical and electronics, aerospace, and energy and power, among others.

The geographical distribution of the global automated optical metrology market considered in this study encompasses regional markets such as North America (U.S. and Canada), Europe (U.K., France, Germany, and the Rest of Europe), Asia Pacific (Japan, China, India, Rest of Europe), and the Rest of the World (Middle East and Africa, and Latin America).

Purpose of the Report

The purpose of this strategic research study titled "Global Automated Optical Metrology Market: Growth, Share, Opportunities, and Competitive Analysis, 2016–2023" is to offer industry investors, company executives, and industry participants in-depth insights to enable them to make informed strategic decisions related to the opportunities in the global metrology industry.

Target Audience

  • Industry Investors
  • Automated Optical Metrology Equipment Manufacturers
  • Other metrology solution providers
  • Distributors
  • End-users

Frequently Asked Question:

The market for Automated Optical Metrology is expected to reach USD$ XX Mn in 2023.

The Automated Optical Metrology Market is expected to see significant CAGR growth over the coming years, at 7.3%.

The report is forecasted from 2016 -2023.

The base year of this report is 2015.

Hexagon AB, Nikon Metrology Inc., Carl Zeiss Optotechnik GmbH, ASML Holding NV, Steinbichler Optotechnik GmbH, KLA Tencor Corporation. are some of the major players in the global market.

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Published Date:  Jul 2016
Category:  Technology & Media
Report ID:   57990
Report Format:   PDF
Pages:   120
Rating:    4.1 (65)
Delivery Time: 24 Hours to 48 Hours   
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