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Video Measuring System Market 2022 Key Vendors, Analysis by Growth and Revolutionary Opportunities by 2030
Video Measuring System Market is expected to grow from US$ 497.97 Mn in 2020 to US$ 881.48 Mn by 2026, at a CAGR of 8.5 % between 2020 and 2027.A video measurement system uses technologies to optically enhance a camera-captured image of a component. In order to achieve exceptional accuracy and reproducible measurement results, this technique blends high-resolution photographs with information extracted from an image.
Applications for video measurement are becoming more and more common in a variety of fields, including the automotive, medical, aerospace, and defence industries. This market's expansion is being further aided by the rising demand for video measuring systems.
A device that is used to enlarge the image of any part is a video measurement system. This method converts the image into a video signal after magnification. The video signal is examined with the aid of additional software and devices. The determination of the characteristics and edges of the intended object depends on the success of the entire process. High-resolution imaging is more frequently needed than vast volumes and areas, and that too without making direct contact with the targeted portion. The demand for high-resolution imaging is increasing.
Key Drivers
The primary driver of the video measuring system market is the rise in adoption of noncontact measurement systems based on CNC, or computer numerical control technology. A growing emphasis on quality control also helps the market for video measurement systems. The market for video measuring systems is further driven by the advantages of video measurement methods over conventional measurement technology and a rise in demand for accurate, dependable, and efficient measurement technology.
The use of video measuring systems for medical applications is further accelerated by manufacturers implementing precision engineering techniques with an emphasis on accuracy and dependability in the production of medical devices.
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Global Video Measuring System Market: Major Players
• Renishaw
• Wenzel Prazision
• Creaform
• Hexagon
• Zygo Corporation
• GOM Metrology
• Carmar Accuracy Co.
• Carl Zeiss
• Perceptron
• Vision Engineering
• Mitutoyo Corporation
• Faro Technologies
• Advantest Corporation
• Nikon Corporation
• Keyence
Global Video Measuring System Market: Types
• Manua
• Semi-Automated
• Automated
Global Video Measuring System Market: Applications
• Automotive
• Aerospace & Defense
• Heavy Machinery
• Energy & Power
• Electronics
• Medical
• Others
Global Video Measuring System Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Video Measuring System market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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