How Does The Global Optical Measurement Market Performance Look Like In The Near Future?
The optical measurement market size has seen significant growth recently. From $4.5 billion in 2024, it surged to $4.81 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. This growth can be ascribed to the rising demand for 3d metrology services, increasing adoption of advanced optical measurement solutions, escalating R&D spending, growing industrialization, and the surging demand for quality control across various industries.
Moreover, we predict the optical measurement market to experience steady growth in the coming years. It is expected to reach $6.46 billion in 2029 at a CAGR of 7.6%. The growth is propelled by continuous emphasis on miniaturization in manufacturing, a rise in demand for non-contact measurement techniques, expansion of applications in healthcare and life sciences, increasing complexity of manufacturing processes, and the growing demand for non-contact measurement techniques. Major trends for the forecast period include the adoption of industry 4.0 and smart manufacturing, the integration of artificial intelligence in optical measurement, an increase in the use of hyperspectral imaging for material analysis, the emergence of portable and handheld optical measurement devices, and technological advancements.
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What Are The Key Growth Drivers For The Optical Measurement Market?
The increasing aerospace and defense industries are set to fuel the growth of the global optical measurement market. These industries consist of companies that manufacture aircraft, ships, spacecraft, weapon systems, and defense equipment. Optical coatings are extensively employed in aerospace and defense machines as precise optics. Hence, the growing aerospace and defense industries amplify the demand for the optical measurement market. For instance, in January 2023, Airbus SE, a Netherlands-based aerospace corporation, delivered 661 commercial aircraft to 84 customers in 2022, showcasing an 8% increase from 611 units sold in 2021. Therefore, the rise in aerospace and defense industries is a significant driver of the optical measurement market growth.
Which Are The Major Segments Within The Global Optical Measurement Market?
• By Offering: Hardware, Software, Services
• By Component: Autocollimators, Measuring Microscopes, Profile Projectors, Optical Digitizers And Scanners, Coordinate Measuring Machines (CMMs), Video Measuring Machines
• By End-User: Automotive, Aerospace And Defense, Energy And Power, Electronics Manufacturing, Industrial, Medical, Other End Users
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Who Are The Major Players Transforming The Optical Measurement Market?
Major players in the optical measurement market include Vision Engineering Limited, Nikon Corporation, Mitutoyo Corporation, Hexagon AB, Faro Business Technologies India Pvt. Ltd., Jenoptik AG, Carl Zeiss AG, GOM & Company, Keysight Technologies Inc., R&D Vision, Ametwk Inc., Olympus Corporation, Quality Vision International Pvt. Ltd., Nova Measuring Instruments Ltd., Steinbichler Optotechnik GmbH, Nanometrics Incorporated, Breuckmann GmbH, Perceptron Inc., ST Industries Inc., Creaform Inc., Third Dimension Private Limited, Keyence Corporation, Accretech Finance Co. Ltd., Zygo Corporation, KLA-Tencor Corporation, Renishaw plc, Alicona Imaging GmbH, Bruker Corporation, CyberOptics Corporation, Avantes BV.
What Are The Emerging Trends In The Optical Measurement Market?
New technological innovations are shaping the landscape of the optical measurement market, with major market players introducing innovative solutions to strengthen their market position. A case in point is the China-based firm Scantech, which launched its latest optical 3D measurement system, TrackScan-Sharp, in April 2023. The system comprises an i-Scanner (a portable 3D scanner) and an optical device known as the i-Tracker. TrackScan-Sharp marks a new generation of Scantech’s optical 3D measurement technology, specifically designed for measuring large-scale components.
Which Region Is Leading The Pack In The Optical Measurement Market?
In 2024, North America was the largest region in the optical measurement market. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The report covers regions like Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Optical Measurement Market Report 2025 Offer?
Optical measurement refers to a non-contact, fast, accurate, and reliable method. It significantly reduces inspection duration compared to traditional methods, enabling manufacturers across several industry verticals to optimize assembly costs. The optical measurement devices are used to monitor the critical dimensions of manufactured parts across various industries. The Optical Measurement Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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