The global demand for Automated Optical Metrology Market is presumed to reach the market size of nearly USD 4.56 MN by 2028 from USD 2.56 MN in 2021 with a CAGR of 8.6% under the study period 2022 - 2028.
Automated Optical Metrology refers to the new advanced technology for industrial detection and measurement of spatial geometric instruments. It deals with Measuring objects with the help of light. It measures hidden dimensions and quantities of object by using a variety of sophisticated technologies. It can measure the distance, length, height and point of 3D instruments. It is helpful in regions where no bodily contact can be maintained between the Measuring equipment and the object. Some important optical metrology merchandise includes laser scanners, coordinate Measuring Machines and video Measuring Machines.
Market Dynamics
The key factor driving the demand for the automated optical metrology market is the rising development of the automotive and industrial sectors. Growing development of existing infrastructure and usage of advanced systems are surging the demand for this market. Increasing demand for reduced human handling in emerging economies are fostering the growth of this market. Rising demand for vehicles with modified features are propelling the demand for this market. The growing need for observance of industrial quality control and measurement standards on an international level are expanding the demand for this market. Rising globalization and increasing expenditure to undertake research and development activities are further pushing the demand for this market. However, the absence of a universal measurement system can obstruct the demand for this market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automated optical metrology. The growth and trends of automated optical metrology industry provide a holistic approach to this study.
Market Segmentation
This section of the automated optical metrology market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Video Measuring Machines
- Laser Scanners
- Coordinate Measuring Machines
By Application
- Automotive
- Consumer Electronics
- Industrial
- Medical
- Aerospace & Defense
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Automated Optical Metrology market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Automated Optical Metrology Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automated optical metrology market include KLA Tencor Corporation (U.S.), ASML Holding NV (Netherlands), Hexagon Metrology Inc. (Sweden), Nikon Metrology NV (Belgium), Steinbichler Optotechnik GmbH (Germany). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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