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Key Trends Reshaping the Fully Automatic Video Measuring Instruments Market: Advancements In High-Resolution Multisensor Measurement Systems For Precision Inspection Industry Transformation
Fully Automatic Video Measuring Instruments
Fully Automatic Video Measuring Instruments Market Size Growth Forecast: What to Expect by 2025?
There has been significant growth in the market size of fully automatic video measuring instruments in recent years. Expected to expand from $1.56 billion in 2024 to $1.71 billion in 2025, it's anticipated it will achieve a compound annual growth rate (CAGR) of 9.6%. Factors that contributed to this upward trend during the historic period include heightened demand for precise, high-resolution measurements, increased complexity and reduction in size of components, advancements in optical and imaging solutions, the growing prevalence of intelligent manufacturing, and an increased adoption of Artificial Intelligence (AI) and machine learning in measurement systems.
How Will the Fully Automatic Video Measuring Instruments Market Size Evolve and Grow by 2029?
The market size for fully automated video measuring tools is anticipated to experience considerable expansion in the coming years, predicted to achieve a size of $2.43 billion in 2029 with a CAGR of 9.2%. The growth projections for this period can be credited to the widespread acceptance of Industry 4.0 and intelligent manufacturing units, increased need for real-time data interpretation and automated assessments, a growing demand for non-contact measuring techniques, and enhanced adoption of automation. In addition, there is a rising necessity for quality control due to regulatory norms. Key trends expected to shape the forecast period include the incorporation of AI and machine learning, progressions in optical and imaging systems, the shift towards intelligent factories, and advancements in remote monitoring and the implementation of cloud-based data analytics.
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What Drivers Are Propelling the Growth of Fully Automatic Video Measuring Instruments Market Forward?
The surge in automation adoption is likely to fuel the expansion of the fully automatic video measuring instruments market. Using technological systems to execute tasks with little to no human input, such as robotics, artificial intelligence, and specialized apparatus, characterizes automation. The surge in automation is predominantly propelled by the urgency of businesses to enhance operational effectiveness and curb expenses in a progressively competitive global marketplace. Fully automatic video measuring instruments facilitate automation by providing accurate measurements devoid of human input, reducing mistakes, enhancing efficiency, and can be seamlessly integrated into production lines for more rapid inspections, uniform quality, and streamlined data accumulation. For example, in September 2023, the World Robotics report released by the International Federation of Robotics, a professional nonprofit institution based in Germany, revealed 553,052 industrial robot installations across the globe, equating to a 5% annual growth rate in 2022. Hence, the rising adoption of automation is a significant factor contributing to the growth of the fully automatic video measuring instruments market.
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Which Emerging Trends Are Transforming the Fully Automatic Video Measuring Instruments Market in 2025?
Prominent organizations in the completely automatic video measuring apparatus market are concentrating on creating advanced commodities like high-resolution measurement systems to cater to the increasing demand for precision in diverse industries. High-resolution measurement systems are gadgets that obtain extremely detailed and specific measurements of objects, providing precise dimensional data crucial for dependable inspection and quality assurance in manufacturing and research fields. For example, in March 2023, Keyence, a Japanese metrology firm, unveiled the LM-X Series Multisensor Measurement System. This compact, high-precision set-up combines optical, laser, and touch-probe sensors for quick, exceedingly accurate measurements with a simple push-button operation, and automatically identifies part placement and alignment without lengthy set-up times. It facilitates high-resolution 2D and 3D measurements, significantly diminishing inspection durations and guaranteeing regular accuracy across different operators for intricate parts.
What Are the Key Segments in the Fully Automatic Video Measuring Instruments Market?
The fully automatic video measuring instruments market covered in this report is segmented as
1) By Product Type: Coordinate Measuring Machines (CMM), Video Measuring Systems, Optical Comparators, Profile Projectors
2) By Technology: Two-Dimensional (2D) Video Measuring Instruments, Three-Dimensional (3D) Video Measuring Instruments, Multi-Axis Video Measuring Systems
3) By Application: Aerospace, Automotive, Electronics, Medical Devices, Metrology
4) By End-User Industry: Manufacturing, Quality Control And Assurance, Research And Development, Education And Training
Subsegments:
1) By Coordinate Measuring Machines (CMM): Bridge Type Coordinate Measuring Machines (CMM), Cantilever Type Coordinate Measuring Machines (CMM), Gantry Type Coordinate Measuring Machines (CMM), Horizontal Arm Coordinate Measuring Machines (CMM)
2) By Video Measuring Systems: Two-Dimensional (2D) Video Measuring Systems, Three-Dimensional (3D) Video Measuring Systems, Multi-Axis Video Measuring Systems
3) By Optical Comparators: Horizontal Optical Comparators, Vertical Optical Comparators, Profile Projector-Based Optical Comparators
4) By Profile Projectors: Manual Profile Projectors, Digital Profile Projectors, Optical Profile Projectors
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Who Are the Key Players Shaping the Fully Automatic Video Measuring Instruments Market's Competitive Landscape?
Major companies operating in the fully automatic video measuring instruments market are Keyence Corporation, Hexagon AB, Nikon Corporation, Mitutoyo Corporation, Electronica Mechatronic Systems India Private Limited, Guangdong Sanwood Technology Co. Ltd., Shreemaruti Instruments Private Limited, Sahil Technocrat Private Limited, Carl Zeiss AG, Dynascan Inspection Systems Company, Omega Metrology Products, Sipcon Technologies Private Limited, RB Metrology, Haida Equipment Co. Ltd., ATQ Metro Pvt Ltd, Ai Si Li (Chi) Test Equipment Co. Ltd., Sinowon Innovation Metrology Manufacture Limited, Aloe Technologies India Private Limited, RDS Industrial Solutions, Canopus Measurement Solutions
What Geographic Markets Are Powering Growth in the Fully Automatic Video Measuring Instruments Market?
North America was the largest region in the fully automatic video measuring instruments market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in fully automatic video measuring instruments report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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