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:

Sponsored by Anritsu Company

New VNA technologies enable mmWave broadband testing to 220 GHz, helping researchers and engineers to overcome test challenges and simplify mmWave testing.

Application development in the mmWave frequencies is growing. Broadband testing over hundreds of GHz of bandwidth is subject to repeatability/accuracy deficits, and engineers demand solutions to help overcome challenges and simplify mmWave testing.
  • 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

888-600-6441

[email protected] 

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