IMARC Group, a leading market research company, has recently releases report titled, “Optical Metrology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global optical metrology market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the optical metrology market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 2.91 Billion |
| Market Forecast in 2028 | US$ 4.02 Billion |
| Growth rate (2023 to 2028) | CAGR of 5.70% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is optical metrology?
Optical metrology encompasses the science and technology of utilizing optical techniques to measure physical quantities and properties. It employs light, lasers, and related optical components to conduct accurate measurements of various parameters, such as length, displacement, shape, surface roughness, thickness, refractive index, and more. By studying the behavior of light, including reflection, refraction, interference, diffraction, absorption, and scattering, optical metrology provides quantitative data regarding the physical properties of objects or materials under investigation. Compared to traditional measurement techniques, optical metrology offers exceptional precision, non-contact measurement capabilities, and rapid data acquisition. Consequently, it finds extensive applications across numerous sectors, such as manufacturing, engineering, material science, semiconductors, biotechnology, etc.
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What are the growth prospects and trends in the optical metrology industry?
The optical metrology market growth is primarily driven by the increasing adoption of automation in the manufacturing industry for real-time and precise measurements for quality control, process optimization, and product development. The market is further fueled by the escalating advancements in optical technologies that enable more accurate and efficient measurement techniques. Additionally, the introduction of three-dimensional (3D) metrology in several industries facilitates the measurement of complex geometries, shape analysis, and dimensional accuracy verification, thereby positively influencing the market growth. Besides this, the rising demand for miniaturization requires the use of optical metrology solutions for measuring and analyzing micro and nano-scale features, which is acting as another significant growth-inducing factor. Moreover, the expanding utilization of optical metrology in ophthalmology and dentistry, the elevating focus on research and development (R&D) activities, and the growing emphasis on quality assurance and inspection will continue to bolster the optical metrology market in the coming years.
What is included in market 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
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- 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.
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