Optical Measurement Market On The Upswing

MarketsandMarkets’ research report, "Optical Measurement Market by Offerings, Equipment, Vertical, and Geography - Global Forecast to 2023", projects the optical measurement market to grow from $3.68 Billion in 2018 to $5.14 Billion by 2023, at a CAGR of 6.87% between 2018 and 2023. Growing demand for 3D metrology services is driving the growth of the optical measurement market.


Report highlights:

Fierce AI Week

Register today for Fierce AI Week - a free virtual event | August 10-12

Advances in AI and Machine Learning are adding an unprecedented level of intelligence to everything through capabilities such as speech processing and image & facial recognition. An essential event for design engineers and AI professionals, Engineering AI sessions during Fierce AI Week explore some of the most innovative real-world applications today, the technological advances that are accelerating adoption of AI and Machine Learning, and what the future holds for this game-changing technology.
  • Video measuring machine (VMM) is expected to grow at highest rate between 2018 and 2023
  • Industrial vertical is expected to grow at highest CAGR between 2018 and 2023
  • Optical measurement market in APAC to grow at highest CAGR between 2018 and 2023
  • Key players in the ecosystem of the optical measurement market profiled in this report are Hexagon (Sweden), Faro Technologies (US), Jenoptik (Germany), Keyence (Japan), Mitutoyo (Japan), Nikon (Japan), Vision Engineering (UK), Zygo Corporation (US), GOM (Germany), and Carl Zeiss (Germany). 

Need more details? Then browse the "Optical Measurement Market Report"


MarketsandMarkets Inc.

Northbrook, IL


[email protected] 

Suggested Articles

One forecast from Cameron Chell: the best AI designers of the future won’t come from top universities

Survey of 30 chipmakers offers a good sign for research and development of self-driving vehicles, analyst says

Research dollars for AV are expected to remain, if slowed, especially for companies that see self-driving as a key to their success