Video Measuring System Market by Product Type (Manual, Semi-Automated, Automated), Application (Automotive, Aerospace & Defense, Heavy Machinery, Energy & Power, Electronics, Medical), Offering, And Geography - Global Forecast to 2023
“Video measuring system market anticipated to grow at a CAGR of 8.5% from 2018 to 2023”
The video measuring system market is estimated to be worth USD 423.0 million in 2018 and is projected to reach USD 636.0 million by 2023, at a CAGR of 8.5% during the forecast period. Major factors driving the growth of the video measuring system market include the increasing adoption of non-contact measurement techniques based on computer numerical control (CNC) technology, increasing focus on quality control, advantages of video measurement technology over conventional measurement methods, and increasing need for highly efficient, reliable, and precise measurement technology.
“Market for automated video measuring systems estimated to grow at the highest CAGR during the forecast period”
The latest automated video measurement system provides high resolution and greater accuracy to perform critical dimensional measurements with high speed. Features such as automatic edge detection, programmable lighting, programmable zoom lens, and multi sensor technology greatly enhance the efficiency, speed, and accuracy of the measurement process. The market for automated video measuring systems is expected to grow at the highest CAGR.
Market for medical applications expected to grow at the highest CAGR during the forecast period
The increasing popularity of video measuring systems for applications, such as machine alignment, rapid prototyping, first article inspection, part verification, and reverse engineering, in the medical industry is expected to fuel the growth of the video measuring system market during the forecast period. Furthermore, the adoption of precision engineering practices by manufacturers with a focus on accuracy and reliability in the manufacturing of medical devices has resulted in an increase in the growth of the video measuring system market for medical application.
“Video measuring system market in Asia Pacific expected to grow at the highest CAGR during the forecast period”
The increasing adoption of precise measurement advanced technologies by manufacturers in Asia Pacific with a focus on the accuracy and reliability of the manufactured products is expected to propel the growth of the video measuring system market in Asia Pacific. Many industrial products such as automotive parts and components, electronics devices, satellites system components, and navigation systems contain thousands of mechanical parts, most of which have tight tolerances that need to be inspected before being assembled into final products. This is likely to increase the demand for video measuring systems in the automotive, aerospace, and other industries. Therefore, the video measuring system market is expected to witness high growth in Asia Pacific during the forecast period.
The breakup of primaries conducted during the study is depicted below:
Research Coverage:
This report covers the video measuring system market based on offering, product type, application, and region. The video measuring system market based on offering has been segmented into hardware, software, and Services. Based on applications, the video measuring system market has been segmented into automotive, aerospace & defence, heavy machinery industry, energy & power, electronics, medical, and others. On the basis of product type, the video measuring system market has been classified into manual, semi-automated, and automated. On the basis of region, the market has been segmented into the Americas, Europe, Asia Pacific (APAC), and RoW.
Key Benefits of Buying the Report:
The video measuring system market is estimated to be worth USD 423.0 million in 2018 and is projected to reach USD 636.0 million by 2023, at a CAGR of 8.5% during the forecast period. Major factors driving the growth of the video measuring system market include the increasing adoption of non-contact measurement techniques based on computer numerical control (CNC) technology, increasing focus on quality control, advantages of video measurement technology over conventional measurement methods, and increasing need for highly efficient, reliable, and precise measurement technology.
“Market for automated video measuring systems estimated to grow at the highest CAGR during the forecast period”
The latest automated video measurement system provides high resolution and greater accuracy to perform critical dimensional measurements with high speed. Features such as automatic edge detection, programmable lighting, programmable zoom lens, and multi sensor technology greatly enhance the efficiency, speed, and accuracy of the measurement process. The market for automated video measuring systems is expected to grow at the highest CAGR.
Market for medical applications expected to grow at the highest CAGR during the forecast period
The increasing popularity of video measuring systems for applications, such as machine alignment, rapid prototyping, first article inspection, part verification, and reverse engineering, in the medical industry is expected to fuel the growth of the video measuring system market during the forecast period. Furthermore, the adoption of precision engineering practices by manufacturers with a focus on accuracy and reliability in the manufacturing of medical devices has resulted in an increase in the growth of the video measuring system market for medical application.
“Video measuring system market in Asia Pacific expected to grow at the highest CAGR during the forecast period”
The increasing adoption of precise measurement advanced technologies by manufacturers in Asia Pacific with a focus on the accuracy and reliability of the manufactured products is expected to propel the growth of the video measuring system market in Asia Pacific. Many industrial products such as automotive parts and components, electronics devices, satellites system components, and navigation systems contain thousands of mechanical parts, most of which have tight tolerances that need to be inspected before being assembled into final products. This is likely to increase the demand for video measuring systems in the automotive, aerospace, and other industries. Therefore, the video measuring system market is expected to witness high growth in Asia Pacific during the forecast period.
The breakup of primaries conducted during the study is depicted below:
- By Company Type: Tier 1 – 35 %, Tier 2 – 40%, and Tier 3 –25%
- By Designation: C-Level Executives – 57%, Directors – 29%, and Others – 14%
- By Region: Americas– 40%, Europe – 30%, Asia Pacific – 20%, and RoW – 10%
Research Coverage:
This report covers the video measuring system market based on offering, product type, application, and region. The video measuring system market based on offering has been segmented into hardware, software, and Services. Based on applications, the video measuring system market has been segmented into automotive, aerospace & defence, heavy machinery industry, energy & power, electronics, medical, and others. On the basis of product type, the video measuring system market has been classified into manual, semi-automated, and automated. On the basis of region, the market has been segmented into the Americas, Europe, Asia Pacific (APAC), and RoW.
Key Benefits of Buying the Report:
- This report includes the market statistics pertaining to offering, application, product type, and region, along with their respective market sizes.
- In-depth analysis of the value chain has been done to provide an in-depth insight into the video measuring system market.
- Major drivers, restraints, challenges, and opportunities for the video measuring system market have been detailed in this report.
- Illustrative segmentation, analysis, and forecast for the markets on the basis of offering, application, product type, and region have been conducted to provide an overall view of the video measuring system market.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.4 YEARS CONSIDERED FOR STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE VIDEO MEASURING SYSTEM MARKET
4.2 VIDEO MEASURING SYSTEM MARKET IN ASIA PACIFIC, BY APPLICATION AND COUNTRY
4.3 VIDEO MEASURING SYSTEM MARKET, BY OFFERING
4.4 VIDEO MEASURING SYSTEM MARKET, BY PRODUCT TYPE
4.5 VIDEO MEASURING SYSTEM MARKET, BY GEOGRAPHY
5 MARKET OVERVIEW
5.1 MARKET DYNAMICS
5.1.1 DRIVERS
5.1.1.1 Increasing adoption of noncontact measurement techniques based on computer numerical control (CNC) technology
5.1.1.2 Increasing focus on quality control
5.1.1.3 Advantages of video measurement technology over conventional measurement methods
5.1.1.4 Increasing need for efficient, reliable, and precise measurement technology
5.1.2 RESTRAINTS
5.1.2.1 High cost associated with video measuring technology
5.1.2.2 Lack of expertise to handle video measuring systems efficiently
5.1.3 OPPORTUNITIES
5.1.3.1 Smart factory/Industry 4.0 has created multiple opportunities
5.1.3.2 Rise in wages would create investment opportunities for video measuring systems in developing countries
5.1.4 CHALLENGES
5.1.4.1 Lack of simplified software solutions
5.1.4.2 Less efficiency in measuring 3D images
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
6.2.1 RESEARCH AND DEVELOPMENT
6.2.2 COMPONENT MANUFACTURERS
6.2.3 ORIGINAL EQUIPMENT MANUFACTURERS (OEMS)
6.2.4 SYSTEM INTEGRATORS
6.2.5 RESELLERS & DISTRIBUTORS
6.2.6 END USERS
6.3 TECHNOLOGICAL TRENDS
7 VIDEO MEASURING SYSTEM MARKET, BY OFFERING
7.1 INTRODUCTION
7.2 HARDWARE
7.2.1 CAMERAS
7.2.2 PROCESSORS
7.2.3 SENSORS
7.2.4 LIGHTING SYSTEM
7.2.5 OTHERS
7.3 SOFTWARE
7.4 SERVICES
7.4.1 MEASUREMENT SERVICE
7.4.2 AFTER-SALES SERVICE
8 VIDEO MEASURING SYSTEM MARKET, BY PRODUCT TYPE
8.1 INTRODUCTION
8.2 MANUAL VIDEO MEASURING SYSTEM
8.3 SEMI-AUTOMATED VIDEO MEASURING SYSTEM
8.4 AUTOMATED VIDEO MEASURING SYSTEM
9 VIDEO MEASURING SYSTEM MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 AUTOMOTIVE
9.3 AEROSPACE & DEFENCE
9.4 HEAVY MACHINERY INDUSTRY
9.5 ENERGY & POWER
9.6 ELECTRONICS
9.7 MEDICAL
9.8 OTHERS
10 VIDEO MEASURING SYSTEM MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 US
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 UK
10.3.2 GERMANY
10.3.3 FRANCE
10.3.4 ITALY
10.3.5 SPAIN
10.3.6 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.2 JAPAN
10.4.3 SOUTH KOREA
10.4.4 INDIA
10.4.5 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
10.5.1 MIDDLE EAST & AFRICA
10.5.2 SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 RANKING OF PLAYERS, 2017
11.3 COMPETITIVE SCENARIO
11.3.1 PRODUCT LAUNCHES
11.3.2 PARTNERSHIPS, CONTRACTS, JOINT VENTURES, AGREEMENTS, & EXPANSIONS
11.3.3 MERGERS & ACQUISITIONS
12 COMPANY PROFILES
(Business Overview, Products and Services offered, Recent Developments, SWOT analysis, and MnM View)*
12.1 KEY PLAYERS
12.1.1 HEXAGON
12.1.2 CARL ZEISS
12.1.3 FARO TECHNOLOGIES
12.1.4 MITUTOYO
12.1.5 NIKON
12.1.6 PERCEPTRON
12.1.7 RENISHAW
12.1.8 KEYENCE
12.1.9 ADVANTEST
12.1.10 GOM
12.1.11 WENZEL PRAZISION
12.1.12 CREAFORM
12.1.13 ZYGO
12.1.14 VISION ENGINEERING
12.2 KEY INNOVATORS
12.2.1 CARMAR
12.2.2 DONGGUAN YIHUI OPTOELECTRONICS TECHNOLOGY
12.2.3 SIPCON INSTRUMENT INDUSTRIES
12.2.4 ACCU-TECH MEASUREMENT SYSTEM
12.2.5 OCTUM
*Details on Business Overview, Products and Services offered, Recent Developments, SWOT analysis, and MnM View might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
13.4 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.5 AVAILABLE CUSTOMIZATIONS
13.6 RELATED REPORTS
13.7 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.4 YEARS CONSIDERED FOR STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE VIDEO MEASURING SYSTEM MARKET
4.2 VIDEO MEASURING SYSTEM MARKET IN ASIA PACIFIC, BY APPLICATION AND COUNTRY
4.3 VIDEO MEASURING SYSTEM MARKET, BY OFFERING
4.4 VIDEO MEASURING SYSTEM MARKET, BY PRODUCT TYPE
4.5 VIDEO MEASURING SYSTEM MARKET, BY GEOGRAPHY
5 MARKET OVERVIEW
5.1 MARKET DYNAMICS
5.1.1 DRIVERS
5.1.1.1 Increasing adoption of noncontact measurement techniques based on computer numerical control (CNC) technology
5.1.1.2 Increasing focus on quality control
5.1.1.3 Advantages of video measurement technology over conventional measurement methods
5.1.1.4 Increasing need for efficient, reliable, and precise measurement technology
5.1.2 RESTRAINTS
5.1.2.1 High cost associated with video measuring technology
5.1.2.2 Lack of expertise to handle video measuring systems efficiently
5.1.3 OPPORTUNITIES
5.1.3.1 Smart factory/Industry 4.0 has created multiple opportunities
5.1.3.2 Rise in wages would create investment opportunities for video measuring systems in developing countries
5.1.4 CHALLENGES
5.1.4.1 Lack of simplified software solutions
5.1.4.2 Less efficiency in measuring 3D images
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
6.2.1 RESEARCH AND DEVELOPMENT
6.2.2 COMPONENT MANUFACTURERS
6.2.3 ORIGINAL EQUIPMENT MANUFACTURERS (OEMS)
6.2.4 SYSTEM INTEGRATORS
6.2.5 RESELLERS & DISTRIBUTORS
6.2.6 END USERS
6.3 TECHNOLOGICAL TRENDS
7 VIDEO MEASURING SYSTEM MARKET, BY OFFERING
7.1 INTRODUCTION
7.2 HARDWARE
7.2.1 CAMERAS
7.2.2 PROCESSORS
7.2.3 SENSORS
7.2.4 LIGHTING SYSTEM
7.2.5 OTHERS
7.3 SOFTWARE
7.4 SERVICES
7.4.1 MEASUREMENT SERVICE
7.4.2 AFTER-SALES SERVICE
8 VIDEO MEASURING SYSTEM MARKET, BY PRODUCT TYPE
8.1 INTRODUCTION
8.2 MANUAL VIDEO MEASURING SYSTEM
8.3 SEMI-AUTOMATED VIDEO MEASURING SYSTEM
8.4 AUTOMATED VIDEO MEASURING SYSTEM
9 VIDEO MEASURING SYSTEM MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 AUTOMOTIVE
9.3 AEROSPACE & DEFENCE
9.4 HEAVY MACHINERY INDUSTRY
9.5 ENERGY & POWER
9.6 ELECTRONICS
9.7 MEDICAL
9.8 OTHERS
10 VIDEO MEASURING SYSTEM MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 US
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
10.3.1 UK
10.3.2 GERMANY
10.3.3 FRANCE
10.3.4 ITALY
10.3.5 SPAIN
10.3.6 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.2 JAPAN
10.4.3 SOUTH KOREA
10.4.4 INDIA
10.4.5 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
10.5.1 MIDDLE EAST & AFRICA
10.5.2 SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 RANKING OF PLAYERS, 2017
11.3 COMPETITIVE SCENARIO
11.3.1 PRODUCT LAUNCHES
11.3.2 PARTNERSHIPS, CONTRACTS, JOINT VENTURES, AGREEMENTS, & EXPANSIONS
11.3.3 MERGERS & ACQUISITIONS
12 COMPANY PROFILES
(Business Overview, Products and Services offered, Recent Developments, SWOT analysis, and MnM View)*
12.1 KEY PLAYERS
12.1.1 HEXAGON
12.1.2 CARL ZEISS
12.1.3 FARO TECHNOLOGIES
12.1.4 MITUTOYO
12.1.5 NIKON
12.1.6 PERCEPTRON
12.1.7 RENISHAW
12.1.8 KEYENCE
12.1.9 ADVANTEST
12.1.10 GOM
12.1.11 WENZEL PRAZISION
12.1.12 CREAFORM
12.1.13 ZYGO
12.1.14 VISION ENGINEERING
12.2 KEY INNOVATORS
12.2.1 CARMAR
12.2.2 DONGGUAN YIHUI OPTOELECTRONICS TECHNOLOGY
12.2.3 SIPCON INSTRUMENT INDUSTRIES
12.2.4 ACCU-TECH MEASUREMENT SYSTEM
12.2.5 OCTUM
*Details on Business Overview, Products and Services offered, Recent Developments, SWOT analysis, and MnM View might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
13.4 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.5 AVAILABLE CUSTOMIZATIONS
13.6 RELATED REPORTS
13.7 AUTHOR DETAILS
LIST OF TABLES
Table 1 SECONDARY SOURCES
Table 2 PRIMARY INTERVIEWS WITH EXPERTS
Table 3 VIDEO MEASURING SYSTEM MARKET, BY OFFERING, 2015–2023 (USD MILLION)
Table 4 VIDEO MEASURING SYSTEM MARKET FOR HARDWARE, BY TYPE, 2015–2023 (USD MILLION)
Table 5 VIDEO MEASURING SYSTEM MARKET FOR HARDWARE, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 6 VIDEO MEASURING SYSTEM MARKET FOR HARDWARE, BY APPLICATION, 2015–2023 (USD MILLION)
Table 7 VIDEO MEASURING SYSTEM MARKET FOR HARDWARE, BY REGION, 2015–2023 (USD MILLION)
Table 8 VIDEO MEASURING SYSTEM MARKET FOR SOFTWARE, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 9 VIDEO MEASURING SYSTEM MARKET FOR SOFTWARE, BY APPLICATION, 2015–2023 (USD MILLION)
Table 10 VIDEO MEASURING SYSTEM MARKET FOR SOFTWARE, BY REGION, 2015–2023 (USD MILLION)
Table 11 VIDEO MEASURING SYSTEM MARKET FOR SERVICES, BY TYPE, 2015–2023 (USD MILLION)
Table 12 VIDEO MEASURING SYSTEM MARKET FOR SERVICES, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 13 VIDEO MEASURING SYSTEM MARKET FOR SERVICES, BY APPLICATION, 2015–2023 (USD MILLION)
Table 14 VIDEO MEASURING SYSTEM MARKET FOR SERVICES, BY REGION, 2015–2023 (USD MILLION)
Table 15 VIDEO MEASURING SYSTEM MARKET, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 16 VIDEO MEASURING SYSTEM MARKET, BY PRODUCT TYPE, 2015–2023 (UNITS)
Table 17 MANUAL VIDEO MEASURING SYSTEM MARKET, BY OFFERING, 2015–2023 (USD MILLION)
Table 18 MANUAL VIDEO MEASURING SYSTEM MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 19 MANUAL VIDEO MEASURING SYSTEM MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 20 SEMI AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY OFFERING, 2015–2023 (USD MILLION)
Table 21 SEMI AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 22 SEMI AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 23 AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY OFFERING, 2015–2023 (USD MILLION)
Table 24 AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 25 AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 26 VIDEO MEASURING SYSTEM MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 27 VIDEO MEASURING SYSTEM MARKET FOR AUTOMOTIVE, BY OFFERING, 2015–2023 (USD MILLION)
Table 28 VIDEO MEASURING SYSTEM MARKET FOR AUTOMOTIVE, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 29 VIDEO MEASURING SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2015–2023 (USD MILLION)
Table 30 VIDEO MEASURING SYSTEM MARKET FOR AEROSPACE & DEFENCE, BY OFFERING, 2015–2023 (USD MILLION)
Table 31 VIDEO MEASURING SYSTEM MARKET FOR AEROSPACE & DEFENCE, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 32 VIDEO MEASURING SYSTEM MARKET FOR AEROSPACE & DEFENCE, BY REGION, 2015–2023 (USD MILLION)
Table 33 VIDEO MEASURING SYSTEM MARKET FOR HEAVY MACHINERY INDUSTRY, BY OFFERING, 2015–2023 (USD MILLION)
Table 34 VIDEO MEASURING SYSTEM MARKET FOR HEAVY MACHINERY INDUSTRY, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 35 VIDEO MEASURING SYSTEM MARKET FOR HEAVY MACHINERY INDUSTRY, BY REGION, 2015–2023 (USD MILLION)
Table 36 VIDEO MEASURING SYSTEM MARKET FOR ENERGY & POWER, BY OFFERING, 2015–2023 (USD MILLION)
Table 37 VIDEO MEASURING SYSTEM MARKET FOR ENERGY & POWER, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 38 VIDEO MEASURING SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2015–2023 (USD MILLION)
Table 39 VIDEO MEASURING SYSTEM MARKET FOR ELECTRONICS APPLICATION, BY OFFERING, 2015–2023 (USD MILLION)
Table 40 VIDEO MEASURING SYSTEM MARKET FOR ELECTRONICS APPLICATION, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 41 VIDEO MEASURING SYSTEM MARKET FOR ELECTRONICS APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 42 VIDEO MEASURING SYSTEM MARKET FOR MEDICAL APPLICATION, BY OFFERING, 2015–2023 (USD MILLION)
Table 43 VIDEO MEASURING SYSTEM MARKET FOR MEDICAL APPLICATION, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 44 VIDEO MEASURING SYSTEM MARKET FOR MEDICAL APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 45 VIDEO MEASURING SYSTEM MARKET FOR OTHER APPLICATION, BY OFFERING, 2015–2023 (USD MILLION)
Table 46 VIDEO MEASURING SYSTEM MARKET FOR OTHER APPLICATION, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 47 VIDEO MEASURING SYSTEM MARKET FOR OTHER APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 48 VIDEO MEASURING SYSTEM MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 49 VIDEO MEASURING SYSTEM MARKET IN NORTH AMERICA, BY OFFERING, 2015–2023 (USD MILLION)
Table 50 VIDEO MEASURING SYSTEM MARKET IN NORTH AMERICA, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 51 VIDEO MEASURING SYSTEM MARKET IN NORTH AMERICA, BY APPLICATION, 2015–2023 (USD MILLION)
Table 52 VIDEO MEASURING SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2015–2023 (USD MILLION)
Table 53 VIDEO MEASURING SYSTEM MARKET IN EUROPE, BY OFFERING, 2015–2023 (USD MILLION)
Table 54 VIDEO MEASURING SYSTEM MARKET IN EUROPE, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 55 VIDEO MEASURING SYSTEM MARKET IN EUROPE, BY APPLICATION, 2015–2023 (USD MILLION)
Table 56 VIDEO MEASURING SYSTEM MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
Table 57 VIDEO MEASURING SYSTEM MARKET IN ASIA PACIFIC, BY OFFERING, 2015–2023 (USD MILLION)
Table 58 VIDEO MEASURING SYSTEM MARKET IN ASIA PACIFIC, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 59 VIDEO MEASURING SYSTEM MARKET IN ASIA PACIFIC, BY APPLICATION, 2015–2023 (USD MILLION)
Table 60 VIDEO MEASURING SYSTEM MARKET IN ASIA PACIFIC, BY COUNTRY, 2015–2023 (USD MILLION)
Table 61 VIDEO MEASURING SYSTEM MARKET IN ROW, BY OFFERING, 2015–2023 (USD MILLION)
Table 62 VIDEO MEASURING SYSTEM MARKET IN ROW, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 63 VIDEO MEASURING SYSTEM MARKET IN ROW, BY APPLICATION, 2015–2023 (USD MILLION)
Table 64 VIDEO MEASURING SYSTEM MARKET IN ROW, BY REGION, 2015–2023 (USD MILLION)
Table 65 RANKING ANALYSIS OF THE TOP PLAYERS IN THE VIDEO MEASURING SYSTEM MARKET, 2017
Table 66 MARKET EVALUATION FRAMEWORK—PRODUCT LAUNCHES AND PARTNERSHIPS & AGREEMENTS EMERGED AS MAJOR GROWTH STRATEGIES BETWEEN 2014 AND 2017
Table 1 SECONDARY SOURCES
Table 2 PRIMARY INTERVIEWS WITH EXPERTS
Table 3 VIDEO MEASURING SYSTEM MARKET, BY OFFERING, 2015–2023 (USD MILLION)
Table 4 VIDEO MEASURING SYSTEM MARKET FOR HARDWARE, BY TYPE, 2015–2023 (USD MILLION)
Table 5 VIDEO MEASURING SYSTEM MARKET FOR HARDWARE, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 6 VIDEO MEASURING SYSTEM MARKET FOR HARDWARE, BY APPLICATION, 2015–2023 (USD MILLION)
Table 7 VIDEO MEASURING SYSTEM MARKET FOR HARDWARE, BY REGION, 2015–2023 (USD MILLION)
Table 8 VIDEO MEASURING SYSTEM MARKET FOR SOFTWARE, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 9 VIDEO MEASURING SYSTEM MARKET FOR SOFTWARE, BY APPLICATION, 2015–2023 (USD MILLION)
Table 10 VIDEO MEASURING SYSTEM MARKET FOR SOFTWARE, BY REGION, 2015–2023 (USD MILLION)
Table 11 VIDEO MEASURING SYSTEM MARKET FOR SERVICES, BY TYPE, 2015–2023 (USD MILLION)
Table 12 VIDEO MEASURING SYSTEM MARKET FOR SERVICES, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 13 VIDEO MEASURING SYSTEM MARKET FOR SERVICES, BY APPLICATION, 2015–2023 (USD MILLION)
Table 14 VIDEO MEASURING SYSTEM MARKET FOR SERVICES, BY REGION, 2015–2023 (USD MILLION)
Table 15 VIDEO MEASURING SYSTEM MARKET, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 16 VIDEO MEASURING SYSTEM MARKET, BY PRODUCT TYPE, 2015–2023 (UNITS)
Table 17 MANUAL VIDEO MEASURING SYSTEM MARKET, BY OFFERING, 2015–2023 (USD MILLION)
Table 18 MANUAL VIDEO MEASURING SYSTEM MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 19 MANUAL VIDEO MEASURING SYSTEM MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 20 SEMI AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY OFFERING, 2015–2023 (USD MILLION)
Table 21 SEMI AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 22 SEMI AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 23 AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY OFFERING, 2015–2023 (USD MILLION)
Table 24 AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 25 AUTOMATED VIDEO MEASURING SYSTEM MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 26 VIDEO MEASURING SYSTEM MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 27 VIDEO MEASURING SYSTEM MARKET FOR AUTOMOTIVE, BY OFFERING, 2015–2023 (USD MILLION)
Table 28 VIDEO MEASURING SYSTEM MARKET FOR AUTOMOTIVE, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 29 VIDEO MEASURING SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2015–2023 (USD MILLION)
Table 30 VIDEO MEASURING SYSTEM MARKET FOR AEROSPACE & DEFENCE, BY OFFERING, 2015–2023 (USD MILLION)
Table 31 VIDEO MEASURING SYSTEM MARKET FOR AEROSPACE & DEFENCE, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 32 VIDEO MEASURING SYSTEM MARKET FOR AEROSPACE & DEFENCE, BY REGION, 2015–2023 (USD MILLION)
Table 33 VIDEO MEASURING SYSTEM MARKET FOR HEAVY MACHINERY INDUSTRY, BY OFFERING, 2015–2023 (USD MILLION)
Table 34 VIDEO MEASURING SYSTEM MARKET FOR HEAVY MACHINERY INDUSTRY, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 35 VIDEO MEASURING SYSTEM MARKET FOR HEAVY MACHINERY INDUSTRY, BY REGION, 2015–2023 (USD MILLION)
Table 36 VIDEO MEASURING SYSTEM MARKET FOR ENERGY & POWER, BY OFFERING, 2015–2023 (USD MILLION)
Table 37 VIDEO MEASURING SYSTEM MARKET FOR ENERGY & POWER, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 38 VIDEO MEASURING SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2015–2023 (USD MILLION)
Table 39 VIDEO MEASURING SYSTEM MARKET FOR ELECTRONICS APPLICATION, BY OFFERING, 2015–2023 (USD MILLION)
Table 40 VIDEO MEASURING SYSTEM MARKET FOR ELECTRONICS APPLICATION, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 41 VIDEO MEASURING SYSTEM MARKET FOR ELECTRONICS APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 42 VIDEO MEASURING SYSTEM MARKET FOR MEDICAL APPLICATION, BY OFFERING, 2015–2023 (USD MILLION)
Table 43 VIDEO MEASURING SYSTEM MARKET FOR MEDICAL APPLICATION, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 44 VIDEO MEASURING SYSTEM MARKET FOR MEDICAL APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 45 VIDEO MEASURING SYSTEM MARKET FOR OTHER APPLICATION, BY OFFERING, 2015–2023 (USD MILLION)
Table 46 VIDEO MEASURING SYSTEM MARKET FOR OTHER APPLICATION, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 47 VIDEO MEASURING SYSTEM MARKET FOR OTHER APPLICATION, BY REGION, 2015–2023 (USD MILLION)
Table 48 VIDEO MEASURING SYSTEM MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 49 VIDEO MEASURING SYSTEM MARKET IN NORTH AMERICA, BY OFFERING, 2015–2023 (USD MILLION)
Table 50 VIDEO MEASURING SYSTEM MARKET IN NORTH AMERICA, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 51 VIDEO MEASURING SYSTEM MARKET IN NORTH AMERICA, BY APPLICATION, 2015–2023 (USD MILLION)
Table 52 VIDEO MEASURING SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2015–2023 (USD MILLION)
Table 53 VIDEO MEASURING SYSTEM MARKET IN EUROPE, BY OFFERING, 2015–2023 (USD MILLION)
Table 54 VIDEO MEASURING SYSTEM MARKET IN EUROPE, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 55 VIDEO MEASURING SYSTEM MARKET IN EUROPE, BY APPLICATION, 2015–2023 (USD MILLION)
Table 56 VIDEO MEASURING SYSTEM MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
Table 57 VIDEO MEASURING SYSTEM MARKET IN ASIA PACIFIC, BY OFFERING, 2015–2023 (USD MILLION)
Table 58 VIDEO MEASURING SYSTEM MARKET IN ASIA PACIFIC, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 59 VIDEO MEASURING SYSTEM MARKET IN ASIA PACIFIC, BY APPLICATION, 2015–2023 (USD MILLION)
Table 60 VIDEO MEASURING SYSTEM MARKET IN ASIA PACIFIC, BY COUNTRY, 2015–2023 (USD MILLION)
Table 61 VIDEO MEASURING SYSTEM MARKET IN ROW, BY OFFERING, 2015–2023 (USD MILLION)
Table 62 VIDEO MEASURING SYSTEM MARKET IN ROW, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
Table 63 VIDEO MEASURING SYSTEM MARKET IN ROW, BY APPLICATION, 2015–2023 (USD MILLION)
Table 64 VIDEO MEASURING SYSTEM MARKET IN ROW, BY REGION, 2015–2023 (USD MILLION)
Table 65 RANKING ANALYSIS OF THE TOP PLAYERS IN THE VIDEO MEASURING SYSTEM MARKET, 2017
Table 66 MARKET EVALUATION FRAMEWORK—PRODUCT LAUNCHES AND PARTNERSHIPS & AGREEMENTS EMERGED AS MAJOR GROWTH STRATEGIES BETWEEN 2014 AND 2017
According to the new market research report "Video Measuring System Market by Product Type (Manual, Semi-Automated, Automated), Application (Automotive, Aerospace & Defense, Heavy Machinery, Energy & Power, Electronics, Medical), Offering, and Geography - Global Forecast to 2023", The video measuring system market is estimated to be worth USD 423.0 Million in 2018 and is projected to reach USD 636.0 Million by 2023, at a CAGR of 8.5% during the forecast period.
The report profiles key players such as
- Hexagon (Sweden)
- Carl Zeiss (Germany)
- Faro Technologies (US)
- Mitutoyo Corporation (Japan)
- Nikon Corporation (Japan)
- GOM Metrology (Germany)
- Perceptron (US)
- Renishaw (UK)
- Zygo Corporation (US)
- Advantest Corporation (Japan)
- Wenzel Prazision (Germany)
- Creaform (Canada)
- Keyence (Japan)
- Vision Engineering (UK)
- Carmar Accuracy Co. (Taiwan)
The rapid growth of the video measuring system market can be attributed to various factors, including the increasing popularity of video measurement applications in automotive and aerospace & defense sector. It is also expected that the cost of video measuring systems will decrease in the next couple of years, mainly because of the declining trend in prices of major hardware components. As a result, the video measuring system market is expected to propel during the forecast period. The video measuring system market is likely to gain impetus from the rising demand for quality machine parts, as producers look forward for maintaining the overall quality of manufactured products.
Manual video measuring system expected to hold the largest market share during the forecast period
The increasing adoption of video measuring systems by manufacturers across the globe is the major factor propelling the demand for this technology. The market for manual video measuring systems held the largest size, owing to low cost and early adoption of this technology in automotive, aerospace & defense, electronics metal, plastic, rubber, and medical industries. The manual video measuring system market is also expected to grow in terms of popularity owing to its compact and portable design for several applications during designing and manufacturing stages.
Automotive application accounted for the largest share of the video measuring system market in 2017
The integration of automobile manufacturing process with video measuring systems is expected to propel the growth of the automotive sector, improving the measurement accuracy and overall performance of the vehicles. The automotive segment held the largest share among all application areas owing to the increasing adoption of video measuring systems for the verification of objects, high-precision dimensional measurement, and geometrical tolerances. Furthermore, a video measuring system provides non-contact dimensional measurements with high speed, greater accuracy, and much more flexibility.
North America expected to hold the largest size for the video measuring system market during the forecast period
North America held the largest share of video measuring system market in 2017, with the US being the major contributor to the market in North America. North America held a substantial share of 32.0% of the video measuring system market in 2017, owing to the early adoption of video measurement technology in industries such as automotive, aerospace & defense, energy & power, electronics, and medical. Furthermore, the requirement of high accuracy and small tolerance limits in many industrial manufacturing processes may lead to the increase in the adoption of video measuring systems in North America. The video measuring system market in North America is expected to grow at a moderate rate during the forecast period, owing to technological advancements and revival of industrial growth and the overall economy.
