Industry Background:
Vision measuring systems are used for accuracy and repeatability which makes the preferred measured systems of quality control professionals. These systems come in different types and sizes. It can be used to measure the dimensions of the components like automotive components, electrical components. These machines come with a higher megapixel camera for capturing images and videos required for accurate measurement. The growing demand for these systems for monitoring the quality of components from various quality control departments and laboratories will expect to grow the 2D vision measuring systems market.This growth is primarily driven by Increasing Demand from End-User Industry for Quality Inspection of the Automotive and Electronic Parts
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Electronic Equipment & Instruments sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Mitutoyo Europe GmbH (Germany), XIMEA GmbH (Germany), A.C.E., Inc. (United States), IDRIS Automation (India), Electronica Mechatronics Systems (India), Nikon (Mitsubishi Group) (Japan), QS Metrology Private Limited (India), Vision Engineering (United Kingdom), Hexagon Manufacturing Intelligence Inc. (Hexagon AB) (Sweden) and Delhi Metco (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In May 2022, Vision Engineering Acquisition Strengthens Global Manufacturing Capability. The acquisition of Milturn fulfills a strategic objective to significantly improve Vision Engineering’s position global position as a leading designer and manufacturer, by adding scale and capability to the company’s existing UK and USA manufacturing base.
In May 2020 , Nikon Announced Regarding the Sales of Non-contact Laser Scanner to DMG MORI CO., LTD - Nikon Corporation and DMG MORI CO., LTD. concluded a memorandum of understanding for a comprehensive business alliance in November 2019 and proceeded to a formal contract in March 2020, and In February 2021, Vision Engineering announced that it is partnering with metrology innovator Aberlink, to add the first contact-only measurement system to its range of metrology systems. Designed for robustness, reliability, affordability, and ease of use, Deltron is a shop floor-hardened non-Cartesian CMM with an innovative delta robotic mechanism, known for repeatable motion, fast acceleration, and a high level of measurement accuracy.The 2D vision measuring systems market is fragmented owing to the number of players present in the market. Increasing the automation process in end-user industries like automotive and electronics will drive these systems market. Some of the key players profiled in the report are Mitutoyo Europe GmbH (Germany), XIMEA GmbH (Germany), A.C.E., Inc. (United States), IDRIS Automation (India), Electronica Mechatronics Systems (India).
Influencing Trend:
Technology Development in Vision Measuring Systems such as the High-Intensity LED Flash Illuminators for Non-Contact Measurement
Market Growth Drivers:
Increasing Demand from End-User Industry for Quality Inspection of the Automotive and Electronic Parts and Rising Demand from Control Departments and Laboratories
Challenges:
Lack of Skilled Professionals
Restraints:
Availability of 3D Vision Measuring Systems and Very High Cost Associated with these Systems
Opportunities:
Rising Production of High-Quality Electronic Parts will expect to grow the 2D Vision Measuring Systems Market
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of 2D Vision Measuring Systems Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of 2D Vision Measuring Systems Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of 2D Vision Measuring Systems players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, 2D Vision Measuring Systems Study Sheds Light on
The 2D Vision Measuring Systems Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the 2D Vision Measuring Systems industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where 2D Vision Measuring Systems industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.