Optical Metrology Market Report 2023, Industry Trends, Growth, Size and Forecast Till 2028

Author : Rahul kumar | Published On : 20 Dec 2023

The latest report by IMARC Group, titled “Optical Metrology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, 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.

Optical metrology is a branch that involves using optical techniques and instruments to measure and analyze various physical properties and dimensions of objects. It is a precise and non-contact measurement method, relying on light waves and their interaction with the target object. It can measure objects without physical contact, which reduces the risk of damaging delicate or sensitive components. Some commonly known instruments employed in optical metrology include laser interferometers, confocal microscopes, holography setups, and three-dimensional (3D) scanning systems. It employs various optical principles such as interferometry, diffraction, polarization, and laser technology to achieve high levels of accuracy and resolution in measurements. In optical metrology, the surface shape, texture, dimensions, displacement, and vibrations of objects can be measured with great precision. The data obtained through optical metrology is essential for quality control, process optimization, and product development. It enables manufacturers to ensure their products meet specific standards and tolerances, improving efficiency and reliability. Additionally, the non-destructive nature of optical metrology makes it ideal for inspecting delicate or complex components that would be challenging to measure using traditional contact-based methods. As a result, optical metrology finds applications in several industries, including manufacturing, aerospace, electronics, automotive, and medical fields.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/optical-metrology-market/requestsample

Optical Metrology Market Trends and Drivers:

The market is primarily driven by the demand for optical metrology solutions for precision and accuracy in manufacturing processes. In addition, optical metrology can achieve micron-level accuracy to ensure that components and products meet these demanding standards for enhancing product quality, thus influencing market growth. Moreover, several advancements in optical metrology technologies and innovations, such as white light interferometry, confocal microscopy, and multi-sensor metrology systems that allow faster and more comprehensive measurements of complex parts, represent another major growth-inducing factor. Along with this, the integration of artificial intelligence (AI) and machine learning (ML) in optical metrology systems led to automation and data-driven decision-making, propelling market growth. Manufacturers can now access real-time insights and statistical analysis, leading to better process control and reduced operational inefficiencies. Besides this, the advent of Industry 4.0 and the Internet of Things (IoT) is driving the integration of optical metrology into smart manufacturing systems. The ability of optical metrology to provide accurate and real-time data makes it an ideal solution for smart factories, where process optimization and predictive maintenance are essential, thus accelerating market growth. In line with this, the growing environmental concerns led to the widespread adoption of optical metrology to eliminate the risk of damaging delicate or high-value components, thereby augmenting market growth. Furthermore, businesses are adopting optical metrology for greener practices and eco-friendly technologies to minimize waste and resource consumption, creating a positive market outlook.

Report Segmentation:

The report has segmented the market into the following categories:

Equipment Insights:

Autocollimators
Measuring Microscopes
Profile Projectors
Optical Digitizers and Scanner (ODSs)
Multi-Sensor CMM
Video Measuring Machines (VMMs)
Others

End Use Insights:

Automotive
Aerospace and Defense
Energy and Power
Electronic Manufacturing
Industrial
Medical
Others

Market Breakup by Region:

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

Competitive Landscape with Key Player:

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.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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