The manufacturing industry has evolved into a highly competitive market during the last few years, owing to continuously narrowing profit margin. In modern manufacturing facilities, the process automation plays a key role in economy of scale, along with the productivity and profitability. The lack of skilled work force (especially in the developing countries), growing pressure to match international quality standards, in addition with high error rate in existing measuring equipment are the predominant growth drivers for the global optical metrology market. However, lack of global standardization of the optical metrology technology for its different application sectors is acting as major hindrance in the growth of the market.
To Browse Full Report Visit Here: https://www.psmarketresearch.com/market-analysis/optical-metrology-market
Optical metrology is a measurement technology, which is used widely to calculate or access unknown quantities. The measurement technology of optical metrology is entirely based on the non-contacting and non-invasive method. The higher efficiency of optical metrology in large volume, along with faster measuring capability are the major growth drivers for the market. Among the various application segments, the automotive sector accounted for the largest market share in 2014. The semiconductor and electronics industry is also among the major end users of this technology.
Among the product segment, the laser scanners accounted for the majority of market share in 2014. Laser scanners facilitate digital imaging, in order to get the coordinate points of an image, which is further used in the reconstruction of the images in three dimensions (3D). Optical metrology is majorly used in applications, where physical contact between the object to be measured and the sensors cannot be made. It is possible by the use of different light sources, such as lasers and narrowband light sources, which are focused on the test object, in order to record its measurements and then project it back on a receiving target
Browse For Related Research Visit Here: https://www.psmarketresearch.com/industry-report/semiconductor-and-electronics
Aerospace industry is also expected to be a lucrative sector for optical metrology, during the forecast period. In the aerospace market, aircrafts for civil passenger are expected to double its number by the year 2030, as compared to current market in terms of volume. Moreover, the worldwide increase in the air traffic, the growth of civil aerospace, in addition to replacement of aging aircrafts globally is expected to boost the growth of the market during the forecast period.
Asia-Pacific dominated the optical metrology market in 2014, owing to high concentration of end user industries in the region. It is then followed by North America. Asia-Pacific is expected to be the fastest growing market during the forecast period.
Some of the competitors in the global optical metrology market are KLA-Tencor, Nova Measuring Instruments, Nanometrics, Rudolph Technologies, Dainippon Screen Manufacturing, and ASML Holding.
Optical Metrology Market Segmentation
- Laser Scanners
- Vision Measuring Machines
- Laser Micrometry
- Semiconductor and Electronics
- Energy and Power
- North America
- Rest of the Europe
- Rest of Asia-Pacific
- Rest of the world
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Manager – Client Partner
347, 5th Ave. #1402
New York City, NY – 10016
Toll-free: +1-888-778-7886 (USA/Canada)