The video measuring technology is employed to provide imaging obtained through automatic inspection and analysis. Video measuring systems are used in applications such as process control, automatic inspection, and robot guidance.

Increase in adoption of noncontact measurement techniques based on computer numerical control (CNC) technology is the key factor that drive the growth of the video measuring system market. Furthermore, increase in focus on quality control fuel the market growth. In addition, the benefits of video measurement technology over conventional measurement methods and rise in need for efficient, reliable, and precise measurement technology boost the growth of the video measuring system market.

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The significant impacting factors to the growth of the video measuring system market include increase in adoption of noncontact measurement techniques based on computer numerical control (CNC) technology, rise in focus on quality control, benefits of video measurement technology over conventional measurement methods, and surge in need for efficient, reliable, and precise measurement technology. In addition, the restraining factors by which the market is influenced include high cost associated with video measuring technology and lack of expertise to handle video measuring systems efficiently. Each of these factors is anticipated to have a definite impact on the Video measuring system market during the forecast period.

The video measuring system market is highly competitive and the strategies adopted by the key players include new product launch, product development, business expansion, merger, and acquisition. For instance, in April 2018, Hexagon has launched New Automated Measurement System BLAZE 600A. BLAZE 600A is a fully automated 3D optical measurement system designed for use with robotic installations on the shop floor. Based on Hexagon’s proven white light scanner technology, BLAZE 600A combines high-resolution digital imaging technology with blue light LED illumination to rapidly deliver high-accuracy freeform surface and feature data.

The major companies profiled in the global video measuring system industry include Hexagon, Carl Zeiss, Faro Technologies, Mitutoyo Corporation, Nikon Corporation, GOM Metrology, Perceptron, Renishaw, Zygo Corporation, Advantest Corporation, and others.

KEY BENEFITS FOR STAKEHOLDERS

This study comprises analytical depiction of the global video measuring system market share with current trends and future estimations to depict the imminent investment pockets.
The overall potential is determined to understand the profitable trends to gain a stronger foothold.
The global video measuring system market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market forecast is quantitatively analyzed from 2023 to 2030 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

KEY MARKET SEGMENTS

By Product Type

Manual
Semi-Automated
Automated

By Offering

Hardware
Software
Services

By Application

Automotive
Aerospace & Defense
Heavy Machinery
Energy & Power
Electronics

Medical
Others

BY REGION

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Spain
- Russia
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

KEY MARKET PLAYERS PROFILED

Hexagon
Carl Zeiss
Faro Technologies
Mitutoyo Corporation
Nikon Corporation

GOM Metrology
Perceptron
Renishaw
Zygo Corporation

Advantest Corporation

Video Measuring System Market Current Trends 2023-2030