Emerging Trends to Drive Video Measuring System Market Growth at 11.8% CAGR Through 2029

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Video Measuring System Market Size Growth Forecast: What to Expect by 2025?
The market size of the video measuring system has experienced rapid expansion in the recent past. It is projected to increase from $7.2 billion in 2024 to $8.18 billion in 2025, boasting a compound annual growth rate (CAGR) of 13.7%. This surge during the historic phase is the result of the heightened tendency towards precise measurements, amplified demand for quality assurance, the worldwide expansion of the manufacturing sector, and varied applications across different industries.

How Will the Video Measuring System Market Size Evolve and Grow by 2029?
In the upcoming years, the video measuring system market is projected to experience substantial growth. The market size is anticipated to escalate to $12.77 billion by 2029, with a CAGR of 11.8%. Factors contributing to the growth during the forecasted period include Industry 4.0, smart manufacturing, automated integration, enhanced software capabilities, adaptability to the environment, escalating component complexity, and an increasing emphasis on non-contact measurement. The forecast period will also witness major trends like advanced camera technology, artificial intelligence integration, 3D measurement, improved calibration methods, and industry-specific customization.

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What Drivers Are Propelling the Growth of Video Measuring System Market Forward?
The video measuring system market is projected to experience substantial growth due to the escalating implementation of smart manufacturing. Smart manufacturing denotes a manufacturing subset that leverages computer-embedded manufacturing, high flexibility, swift design amendments, digital IT, and adaptable technical personnel training. Quality control and precision in production processes rely on video measuring systems for precise, automated, non-contact measurements within smart manufacturing. For instance, Rockwell Automation, Inc., an American industrial automation and digital conversion technology firm, reported a remarkable 50% annual growth in the uptake of smart factory technologies following a survey of 321 manufacturers in May 2022. Furthermore, out of the manufacturers surveyed, 74% are either in the process of applying or aim to incorporate artificial intelligence into their production operations, while 83% of manufacturing specialists are intending to enhance their modernization processes into smart factories. Consequently, the increasing implementation of smart manufacturing is fueling the video measuring system market.

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Which Emerging Trends Are Transforming the Video Measuring System Market in 2025?
Major companies in the video measuring system market are concentrating on the production of innovative products with high-tech solutions like optical analysis and measurement systems, in a bid to solidify their market standing. Optical analysis and measurement systems are tools or groups of tools that utilize optics to evaluate and measure various light aspects such as wavelength, intensity, and polarization state. For example, in March 2023, QATM, a firm from Germany specializing in materialography and hardness testing, unveiled Qeye 800. This system is a sophisticated optical analysis and measurement system, designed for the accurate inspection and measurement of specimens, particularly focusing on standardized weld seam measurement and inspection. Key measurement tools such as A dimension, depth burn-in, evaluation limits, and a standard-compliant inspection report are featured in the Qeye 800. The system is smoothly integrated into the easy-to-use Qpix Control2 software to boost usage efficiency.

What Are the Key Segments in the Video Measuring System Market?
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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Who Are the Key Players Shaping the Video Measuring System Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Video Measuring System Market?
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.

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