MRRSE has announced the addition of the “Automated Optical Metrology Market, (Product: Video Measuring Machines, Laser Scanners and Coordinate Measuring Machines; Application: Automotive, Consumer Electronics, Industrial, Medical and Aerospace & Defense) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021” report to their offering.
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Automated optical metrology market research study for forecast 2021, challenges, demand, woldwide overview
1. Automated Optical Metrology Market Research Study For
Forecast 2021, Challenges, Demand, Woldwide Overview
Report Description
This market research study analyzes the automated optical
metrology market on global basis and provides estimates in
terms of revenue (USD Million) from 2014 to 2021. It
2. describes the market dynamics affecting the industry and
analyzes their impact through the forecast period. Moreover,
it highlights the significant opportunities for market growth
in the next six years.
Optical metrology helps calibrate objects that cannot be
measured physically. It is the science and technology of
measuring unknown qualities with light. The measurement
principle of optical metrology is based on the fact that the
transmission of light is without any contact. Therefore,
optical metrology is generally used in areas where physical
contact cannot be made between the measuring equipment
and the object to be measured. Different light sources such as
narrowband, broadband and laser can also be used on
3. measuring equipments to calibrate the measurements and
retrieve the data on a receiving target. The receiving target
analyzes the data with the help of software algorithms and
provides an accurate result to the user. Laser scanners,
coordinate measuring machines and video measuring machines
are the major optical metrology products that provide precise
measurement information. The growing need for compliance
to international industry standards and accurate measurement
data has led to the application of optical metrology products
in various business sectors such as automotive, industrial and
aerospace.
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optical-metrology-market
4. Optical metrology products find the largest application in the
automotive sector. The automotive sector is witnessing huge
growth due to the increasing usage and production of
vehicles globally. Advanced optical metrology equipments that
provide accurate measurement results are largely demanded
by the automotive sector, where there is a requirement of
measuring objects having unknown quantities. Therefore, the
growth in the automotive sector is set to drive the market of
automated optical metrology market across the world.
Aerospace sector is one of the booming sectors, where optical
metrology finds various applications. In the civil aerospace
market, civil passenger aircrafts are expected to double by
5. the year 2030. Increasing air traffic and replacement of aging
aircrafts with new and advanced aircrafts are set to drive the
growth of civil aerospace market; furthermore driving the
growth of global automated optical metrology market. In
addition, the aviation industry rely on high quality
measurement standards and computer aided design (CAD),
which makes the use of optical metrology equipments very
significant in the aerospace sector.
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Although there are a number of organizations that set quality
control and measurement standards across the globe yet the
6. measurement standards are contradictory to each
organization. This creates dispute in measurement policies of
companies in various countries. Therefore, the lack of
universal measurement is expected to inhibit the global
automated optical metrology market till the time a universal
measurement policy is established.
The market is segmented on the basis of geography into
Europe, North America, Asia Pacific and Rest of the World
(RoW). These segments have been estimated in terms of
revenue (USD million). In addition, the report has been
segmented based on product types, which includes, video
measuring machines, laser scanners and coordinate measuring
machines. In addition, the report is also segmented by
7. application that includes automotive, consumer electronics,
industrial, medical, and aerospace and defense.
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For better understanding of the automated optical metrology
market, the study comprises market attractiveness analysis,
where the product types are benchmarked based on their
market scope, growth rate and market attractiveness.
The report also provides company market share analysis of
the various industry participants. Key players have been
profiled and their company overview, financial overview,
8. business strategies and recent developments have been
covered in the report. Major market participants profiled in
this report include: KLA Tencor Corporation (U.S.), ASML
Holding NV (Netherlands), Hexagon Metrology, Inc. (Sweden),
Nikon Metrology NV (Belgium) and Steinbichler Optotechnik
GmbH (Germany) among others.
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