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Optical Metrology Market by Equipment (Autocollimators, Measuring Microscopes, Profile Projectors, Optical Digitizers and Scanner (ODSs), Multi-Sensor CMM, Video Measuring Machines (VMMs), and Others), End Use (Automotive, Aerospace and Defense, Energy and Power, Electronic Manufacturing, Industrial, Medical, and Others), and Region 2023-2028
Market Report I 2023-07-05 I 145 Pages I IMARC Group
Market Overview:
The global optical metrology market size reached US$ 2.91 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.02 Billion by 2028, exhibiting a growth rate (CAGR) of 5.70% during 2023-2028. The widespread product adoption in various industries, enhanced focus on research and development (R&D) activities to ensure quality, rapid technological advancements, and the implementation of various government initiatives represent some of the key factors driving the market.
Optical metrology refers to the science and technology of measuring physical quantities and properties of optical techniques. It involves the use of light, lasers, and related optical components to make precise measurements of various parameters such as length, displacement, shape, surface roughness, thickness, refractive index, and more. Optical metrology is used to understand the behavior of light, including its reflection, refraction, interference, diffraction, absorption, and scattering. It also helps to obtain quantitative data about the physical properties of objects or materials under investigation. As compared to traditional measurement techniques, optical metrology offers high precision, non-contact measurement, and fast data acquisition. As a result, it is widely used across manufacturing, engineering, material science, semiconductors, biotechnology, and research applications.
Optical Metrology Market Trends:
The growing trend towards automation in the manufacturing industry is one of the key factors creating a positive outlook for the market. Optical metrology systems are integrated into automated production lines that provide accurate and reliable measurements in real-time. In line with this, the widespread product adoption in various industries, such as manufacturing, automotive, aerospace, and semiconductor, that require high-precision measurements for quality control, process optimization, and product development is propelling the market growth. Moreover, various advancements in optical technologies that enable more accurate and efficient measurement techniques are acting as another growth-inducing factor. Apart from this, the introduction of three-dimensional (3D) metrology in various industries to measure complex geometries, perform shape analysis, and verify dimensional accuracy is providing an impetus to the market growth. Additionally, the increasing adoption of metrology solutions that can measure and analyze micro and nano-scale features owing to the growing demand for miniaturization is contributing to the market growth. Furthermore, the widespread utilization of optical metrology in medical applications, such as ophthalmology and dentistry, is positively influencing the market growth. Other factors, including the integration of optical metrology with digital technologies and automation, enhanced focus on research and development (R&D) activities, and increasing emphasis on quality assurance and inspection, are presenting remunerative growth opportunities for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global optical metrology market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on equipment and end use.
Equipment Insights:
Autocollimators
Measuring Microscopes
Profile Projectors
Optical Digitizers and Scanner (ODSs)
Multi-Sensor CMM
Video Measuring Machines (VMMs)
Others
The report has provided a detailed breakup and analysis of the optical metrology market based on the equipment. This includes autocollimators, measuring microscopes, profile projectors, optical digitizers and scanner (ODSs), multi-sensor CMM, video measuring machines (VMMs), and others.
End Use Insights:
Automotive
Aerospace and Defense
Energy and Power
Electronic Manufacturing
Industrial
Medical
Others
A detailed breakup and analysis of the optical metrology market based on the end use has also been provided in the report. This includes automotive, aerospace and defense, energy and power, electronic manufacturing, industrial, medical, and others. According to the report, automotive accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and the Middle East and Africa. According to the report, North America was the largest market for optical metrology. Some of the factors driving the North America optical metrology market included an enhanced focus on research and development (R&D) activities, widespread product adoption in various industries, and the implementation of various government initiatives.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global optical metrology market. Detailed profiles of all major companies have been provided. Some of the companies covered include Carl Zeiss Industrial Metrology LLC, Creaform Inc (Ametek Inc.), FARO Technologies Inc., Hexagon AB, KLA Corporation, Micro-Vu, Mitutoyo Corporation, Nikon Metrology Inc., Nova Ltd., Quality Vision International Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global optical metrology market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global optical metrology market?
What is the impact of each driver, restraint, and opportunity on the global optical metrology market?
What are the key regional markets?
Which countries represent the most attractive optical metrology market?
What is the breakup of the market based on the equipment?
Which is the most attractive equipment in the optical metrology market?
What is the breakup of the market based on the end use?
Which is the most attractive end use in the optical metrology market?
What is the competitive structure of the global optical metrology market?
Who are the key players/companies in the global optical metrology market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Optical Metrology Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Equipment
6.1 Autocollimators
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Measuring Microscopes
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Profile Projectors
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Optical Digitizers and Scanner (ODSs)
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Multi-Sensor CMM
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Video Measuring Machines (VMMs)
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by End Use
7.1 Automotive
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Aerospace and Defense
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Energy and Power
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Electronic Manufacturing
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Industrial
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Medical
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
9.1 Overview
9.2 Drivers
9.3 Restraints
9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Carl Zeiss Industrial Metrology LLC
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 SWOT Analysis
13.3.2 Creaform Inc (Ametek Inc.)
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 FARO Technologies Inc.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.4 Hexagon AB
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 KLA Corporation
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 Micro-Vu
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Mitutoyo Corporation
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Nikon Metrology Inc.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9 Nova Ltd.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.10 Quality Vision International Inc.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
Figure 1: Global: Optical Metrology Market: Major Drivers and Challenges
Figure 2: Global: Optical Metrology Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Optical Metrology Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Optical Metrology Market: Breakup by Equipment (in %), 2022
Figure 5: Global: Optical Metrology Market: Breakup by End Use (in %),2022
Figure 6: Global: Optical Metrology Market: Breakup by Region (in %), 2022
Figure 7: Global: Optical Metrology (Autocollimators) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Optical Metrology (Autocollimators) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Optical Metrology (Measuring Microscopes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Optical Metrology (Measuring Microscopes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Optical Metrology (Profile Projectors) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Optical Metrology (Profile Projectors) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Optical Metrology (Optical Digitizers and Scanner (ODSs)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Optical Metrology (Optical Digitizers and Scanner (ODSs)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Optical Metrology (Multi-Sensor CMM) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Optical Metrology (Multi-Sensor CMM) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Optical Metrology (Video Measuring Machines (VMMs)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Optical Metrology (Video Measuring Machines (VMMs)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Optical Metrology (Other Equipments) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Optical Metrology (Other Equipments) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Optical Metrology (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Optical Metrology (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Optical Metrology (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Optical Metrology (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Optical Metrology (Energy and Power) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Optical Metrology (Energy and Power) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Optical Metrology (Electronic Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Optical Metrology (Electronic Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Optical Metrology (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Optical Metrology (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Optical Metrology (Medical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Optical Metrology (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Optical Metrology (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Optical Metrology (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: North America: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: North America: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: United States: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: United States: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Canada: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Canada: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Asia-Pacific: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Asia-Pacific: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: China: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: China: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Japan: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Japan: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: India: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: India: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: South Korea: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: South Korea: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Australia: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Australia: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Indonesia: Optical Metrology Market: Sales Value (in Million US$),2017 & 2022
Figure 54: Indonesia: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Others: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Others: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Europe: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Europe: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Germany: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Germany: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: France: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: France: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: United Kingdom: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: United Kingdom: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Italy: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Italy: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Spain: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Spain: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Russia: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Russia: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Latin America: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Latin America: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Brazil: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Brazil: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Mexico: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Mexico: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Middle East and Africa: Optical Metrology Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Middle East and Africa: Optical Metrology Market: Breakup by Country (in %), 2022
Figure 83: Middle East and Africa: Optical Metrology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Global: Optical Metrology Industry: Drivers, Restraints, and Opportunities
Figure 85: Global: Optical Metrology Industry: Value Chain Analysis
Figure 86: Global: Optical Metrology Industry: Porter's Five Forces Analysis
Table 1: Global: Optical Metrology Market: Key Industry Highlights, 2017 & 2022
Table 2: Global: Optical Metrology Market Forecast: Breakup by Equipment (in Million US$), 2023-2028
Table 3: Global: Optical Metrology Market Forecast: Breakup by End Use (in Million US$), 2023-2028
Table 4: Global: Optical Metrology Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Optical Metrology Market: Competitive Structure
Table 6: Global: Optical Metrology Market: Key Players
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