Industry Background:
Optical metrology is the science and technology regarding measurements using light. These measurements may focus on the properties of light itself or other properties like distance. Automation companies are now catering to the needs of automation in processes of optical metrology as well. It is designed for incoming or outgoing components and end product quality control, automatic parts matching to accomplish maximum quality, dispensing & bonding of parts, auto-screwing, labeling, laser marking and laser welding.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Hexagon AB (Sweden), Nikon Metrology Inc. (United States), Carl Zeiss Optotechnik GmbH (Germany), ASML Holding NV (Netherlands), KLA Tencor Corporation (United States), Optical Gaging Products Inc. (United States), Optical Metrological Services Ltd. (United Kingdom), GOM GmbH (Germany), MueTec GmbH (Germany) and Lumaxis (United States) |
This growth is primarily driven by Growing Need for Compliance to International Industry Quality Control and Measurement Standards and Development of Automotive and Aerospace Sector.
Globally, a noticeable market trend is evident Advancements in Automated Manufacturing Methods Major Players, such as Hexagon AB (Sweden), Nikon Metrology Inc. (United States), Carl Zeiss Optotechnik GmbH (Germany), ASML Holding NV (Netherlands), KLA Tencor Corporation (United States), Optical Gaging Products Inc. (United States), Optical Metrological Services Ltd. (United Kingdom), GOM GmbH (Germany), MueTec GmbH (Germany) and Lumaxis (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Primary global players are focusing on strategic partnerships to improve their products and services. Furthermore, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Key Developments in the Market:
On February 20, 2019 - KLA-Tencor Corporation has announced the completion of the acquisition of Orbotech Ltd. This new combination expands KLA's market reach within the electronics value chain, opens new high-growth markets for the company, and brings complementary technologies, products and services to the company’s portfolio.
In April 2023, Hexagon's Manufacturing Intelligence division launched the next-generation Leitz PMM-C ultra-high precision coordinate measuring machine (CMM). This series has long set the standard for performance in a wide range of precision applications where manufacturers require the highest accuracy and low measurement uncertainty. The standard is now set even higher thanks to a powerful and simple modular concept combined with new features and performance options.
Influencing Trend:
Advancements in Automated Manufacturing Methods
Market Growth Drivers:
Growing Need for Compliance to International Industry Quality Control and Measurement Standards and Development of Automotive and Aerospace Sector
Challenges:
High Processing Cost
Restraints:
Absence of Universal Measurement System
Opportunities:
Increasing Demand from Emerging Economies
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 mostly 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 growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
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 in Automated Optical Metrology Market
- Analysis about New Entrants in Automated Optical Metrology Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Automated Optical Metrology Study Sheds Light on
The Automated Optical Metrology Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automated Optical Metrology industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automated Optical Metrology 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.