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Global Optical Measurement Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
The Optical Measurement Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Optical Measurement Market Size Expected to Be by 2034?
The market size for optical measurement has seen robust growth in the past few years. Its value is projected to expand from $4.5 billion in 2024 to $4.81 billion in 2025 with a compound annual growth rate (CAGR) of 6.8%. The surge in growth during the historic period can be linked to the rising demand for 3D metrology services, greater adoption of sophisticated optical measurement solutions, increased R&D expenditure, burgeoning industrialization, and an increasing call for quality control across diverse sectors.
In the ensuing years, the optical measurement market is anticipated to witness significant expansion, with estimates predicting a rise to $6.46 billion by 2029 at a CAGR of 7.6%. The driving forces propelling this growth during the forecasting timeframe include the persistent focus on miniaturization within the manufacturing sector, heightened demand for non-contact measurement methodologies, widening application scope in healthcare and life sciences sector, escalating complexity in manufacturing processes, and increased requirement for noncontact measuring techniques. The forecast period also indicates some key trends comprising the adoption of industry 4.0, smart manufacturing, the melding of artificial intelligence with optical measurement, an upsurge in the usage of hyperspectral imaging for material analysis, the advent of portable and handheld optical measurement gadgets and technological advancement.
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What Are the Emerging Segments Within the Optical Measurement Market?
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 And Defense, Energy And Power, Electronics Manufacturing, Industrial, Medical, Other End Users
Subsegments:
1) By Hardware: Optical Sensors, Laser Systems, Imaging Systems, Measurement Instruments, Accessories
2) By Software: Data Analysis Software, Visualization Software, Calibration Software, Control And Automation Software, Application-Specific Software
3) By Services: Installation Services, Maintenance And Support Services, Calibration Services, Consulting Services, Training And Education Services
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What Long-Term Drivers Are Shaping Optical Measurement Market Trends?
The growth of the optical measurement market is projected to be driven by the expansion of the aerospace and defense industries. This involves firms that manufacture aircraft, ships, spacecraft, weaponry systems, and defense equipment. In these industries, optical coatings are frequently used in precision optics for various machines. Consequently, the burgeoning aerospace and defense industries stimulate greater demand in the optical measurement market. To illustrate, Airbus SE, an aerospace corporation based in the Netherlands, reported in January 2023 that it had delivered 661 commercial aircrafts to 84 customers in 2022, marking an 8% increase from the 611 units supplied in 2021. Hence, the burgeoning aerospace and defense sectors are catalyzing the optical measurement market's advancement.
Who Are the Top Competitors in Key Optical Measurement Market Segments?
Major companies operating in the optical measurement market include 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
What Optical Measurement Market Trends Are Gaining Traction Across Different Segments?
The primary trend gaining traction in the optical measurement market is the advent of new technological innovations. Prominent companies in the market are leveraging these innovations to consolidate their market position. For example, in April 2023, Scantech, a high-tech company based in China, unveiled its newest optical 3D measurement system, TrackScan-Sharp. This system includes a portable 3D scanner, the i-Scanner, and an optical device, the i-Tracker. The TrackScan-Sharp signifies a fresh wave of Scantech's optical 3D measurement technology, tailored specifically for the measurement of large-scale components.
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Which Regions Are Becoming Hubs for Optical Measurement Market Innovation?
North America was the largest region in the optical measurement market in 2024.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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Optical Measurement Market?
2. What is the CAGR expected in the Optical Measurement Market?
3. What Are the Key Innovations Transforming the Optical Measurement Industry?
4. Which Region Is Leading the Optical Measurement Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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