Optical Measurement Market Trends, Top Companies, Share, Growth And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Optical Measurement Market Size, Growth Rate, And Forecast
The global optical measurement market size grew from $4.07 billion in 2022 to $4.65 billion in 2023 at a compound annual growth rate (CAGR) of 14.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The optical measurement market size is expected to grow to $7.67 billion in 2027 at a CAGR of 13.3%.

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Optical Measurement Market Drivers
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.

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Optical Measurement Market Segments
• 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

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the optical measurement market.

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Optical Measurement Market Key Players
Major competitors in the optical measurement market include Vision Engineering Limited, Nikon, Mitutoyo Corporation, Hexagon AB, Faro Technologies, Jenoptik AG, Carl Zeiss AG, GOM Player, Keysight Technologies Inc., R&D Vision.

The Business Research Company's "Global Optical Measurement Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Optical Measurement Market Include:
1. Optical Measurement Market Executive Summary
2. Optical Measurement Market Segments
3. Optical Measurement Market Size And Optical Measurement Market Growth Rate
4. Key Optical Measurement Market Trends
5. Major Optical Measurement Market Drivers
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26. Africa Optical Measurement Market
27. Optical Measurement Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Optical Measurement Market
29. Optical Measurement Market Future Outlook and Potential Analysis
30. Appendix

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