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Video Measuring System Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Video Measuring System
What Is the Current Video Measuring System Market Size and Its Estimated Growth Rate?
Over the last several years, the market size of the video measuring system has expanded quickly. Its value is estimated to increase from $7.2 billion in 2024 to $8.18 billion in 2025, with a compound annual growth rate (CAGR) of 13.7%. The growth observed in the historical period is due to a surge in precise measurements' adoption, rising demands for quality assurance, the globalization of manufacturing processes, and the application of these systems in varied industries.
Anticipated rapid expansion is on the horizon for the video measuring system market, with a projected value of $12.77 billion in 2029, reflecting a compound annual growth rate (CAGR) of 11.8%. The surge in expansion during the forecast period is partially due to the influence of Industry 4.0, smart manufacturing, automation amalgamation, enhanced software capabilities, adaptability to the environment, complex component development and a heightened emphasis on non-contact measurement. Notable trends projected for the forecast period encompass progress in camera technology, the incorporation of artificial intelligence, three-dimensional measurement, refined calibration methods, and customization geared towards specific industries.
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How Are Emerging Segments Shaping the Video Measuring System Market Landscape?
The video measuring system market covered in this report is segmented -
1) By Product Type: Manual Video Measuring System, Automated Video Measuring System
2) By Offering: Hardware, Software, Services
3) By Application: Automotive, Aerospace And Defense, Heavy Machinery, Energy And Power, Electronics, Medical, Other Applications
Subsegments:
1) By Manual Video Measuring System: Benchtop Manual Video Measuring System, Portable Manual Video Measuring System
2) By Automated Video Measuring System: CNC Video Measuring System, In-line Automated Video Measuring System, Multi-sensor Automated Video Measuring System
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Which Growth Factors Are Influencing Video Measuring System Market Expansion?
Expectations are that the growing acceptance of intelligent manufacturing will boost the progress of the video measuring system market. Intelligent manufacturing involves the use of computer-integrated manufacturing, high adaptability, swift design alterations, digital information technology, and more flexible technical workforce training. Video measuring systems are part of intelligent manufacturing, offering precise and automated non-contact assessments for quality assurance and exactness in manufacturing processes. For example, a May 2022 study by Rockwell Automation, Inc., a US firm specializing in industrial automation and digital transformation technologies, showed an impressive 50% annual growth in smart factory technology adoption from 321 surveyed manufacturers. Furthermore, 74% of the manufacturers surveyed are either presently deploying or intend to incorporate artificial intelligence into their manufacturing processes, while 83% of manufacturing professionals are working towards transforming their modernization methods into intelligent factories. Thus, the growing acceptance of intelligent manufacturing is contributing to the development of the video measuring system market.
Who Are the Dominant Players Across Different Video Measuring System Market Segments?
Major companies operating in the video measuring system market report are Carl Zeiss AG, Keyence Corporation, Hexagon AB, Nikon Corporation, Advantest Corporation, Trimble Inc., Leica Geosystems AG, Cognex Corporation, Renishaw plc, Mitutoyo Corporation, 3D Systems Corporation, FARO Technologies Inc., GOM GmbH, E. Zoller GmbH & Co. KG, Accu-Tech Measurement System Ltd., Creaform Inc., Perceptron Inc., LMI Technologies Inc., Wenzel Group GmbH & Co. KG, Sipcon Instrument Industries, Vision Engineering Ltd., Zygo Corporation, Carmar Accuracy Co. Ltd., OCTUM GmbH, Dongguan Yihui Optoelectronics Technology Co. Ltd.
What Are the Latest Developing Trends in the Video Measuring System Market?
Leading firms in the video measuring system industry are focusing on innovation by offering technologically sophisticated products like optical analysis and measurement systems, in a bid to consolidate their market positions. Optical analysis and measurement systems concern the equipment or group of instruments leveraging optics to scrutinize and quantify various light properties, such as its intensity, wavelength, and polarization state. For example, QATM, a German firm specializing in materialography and hardness testing, introduced Qeye 800 in March 2023. This highly advanced optical analysis and measurement system is designed for precise assessment and measurement of specimens, particularly emphasizing standardized weld seam analysis and examination. Key measurement tools deployed by Qeye 800 include A dimension, evaluation limits, depth burn-in, and a standard-compliant inspection report. Concurrently, for maximize efficiency, the Qeye 800 is adeptly assimilated with the intuitive Qpix Control2 software.
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Which Geographic Regions Are Expected to Dominate the Video Measuring System Market in the Coming Years?
Asia-Pacific was the largest region in the video measuring system market in 2024. The regions covered in the video measuring system 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 Video Measuring System Market?
2. What is the CAGR expected in the Video Measuring System Market?
3. What Are the Key Innovations Transforming the Video Measuring System Industry?
4. Which Region Is Leading the Video Measuring System 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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