Increasing adoption of laser interferometers in various end-use industries such as automotive, consumer electronics, semiconductor, defense and aerospace, and ophthalmology, among others is a key factor driving market revenue growth.
Market Size - USD 163.2 Million in 2020, Market Growth - CAGR of 4.7%, Market Trends - Rising demand and production of miniaturized and highly complex electronic devices, automobile parts, and aircraft parts.
The global laser interferometer market size is expected to reach USD 234.2 Million in 2028, and register a CAGR of 4.7% during the forecast period. Increasing use of laser interferometers in the semiconductor and automotive industries, to produce highly accurate and complex components is one of the major factors expected to drive growth of the global laser interferometer market.
Laser interferometers are mainly used in machine shops to obtain highly accurate measurement of industrial parts. Other applications of laser interferometers include consumer electronics, ophthalmology, defense and aerospace.
Some Key Findings From the Report:
For the purpose of this report, the global laser interferometer market is segmented on the basis of type, interferometer type, application, and region:
Type Outlook (Revenue, USD Million; 2018 - 2028)
Encoder Type Outlook (Revenue, USD Million; 2018 - 2028)
Interferometer Type Outlook (Revenue, USD Million; 2018 - 2028)
Application Outlook (Revenue, USD Million; 2018 - 2028)
Region Outlook (Revenue, USD Million; 2018 - 2028)
Reasons to Buy the Report
Market Size - USD 163.2 Million in 2020, Market Growth - CAGR of 4.7%, Market Trends - Rising demand and production of miniaturized and highly complex electronic devices, automobile parts, and aircraft parts.
The global laser interferometer market size is expected to reach USD 234.2 Million in 2028, and register a CAGR of 4.7% during the forecast period. Increasing use of laser interferometers in the semiconductor and automotive industries, to produce highly accurate and complex components is one of the major factors expected to drive growth of the global laser interferometer market.
Laser interferometers are mainly used in machine shops to obtain highly accurate measurement of industrial parts. Other applications of laser interferometers include consumer electronics, ophthalmology, defense and aerospace.
Some Key Findings From the Report:
- Among the interferometer type segments, the field and linear interferometers segment accounted for the largest revenue share of 30.5% in 2020.
- Europe laser interferometer market accounted for the largest revenue share in the global market in 2020, and is expected to continue with its dominance over the forecast period.
- North America market is expected to follow Europe market in terms of revenue share contribution in the global market.
- The Asia Pacific market size was USD 45.5 Million in 2020, due to rapidly growing end use industries in countries in the region, and need for laser interferometers for measuring parts with highest accuracy.
- Key players profiled in the report include Optodyne Inc., Agilent Technologies, Inc., Renishaw plc, Status Pro Maschinenmesstechnik GmbH, API Corporation (Life Science Institute, Inc.), Tosei Corporation (Japan), Zygo Corporation, Carl Zeiss AG, Aerotech Inc., Olympus Corporation. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global laser interferometer market is segmented on the basis of type, interferometer type, application, and region:
Type Outlook (Revenue, USD Million; 2018 - 2028)
- Homodyne Laser Interferometer
- Heterodyne Laser Interferometer
Encoder Type Outlook (Revenue, USD Million; 2018 - 2028)
- Absolute
- Mechanical absolute encoders
- Optical absolute encoders
- Magnetic absolute encoders
- Capacitive absolute encoders
- Incremental
Interferometer Type Outlook (Revenue, USD Million; 2018 - 2028)
- Field and linear interferometers
- Intensity and nonlinear interferometers
- Quantum optics interferometers
- Interferometers outside optics
Application Outlook (Revenue, USD Million; 2018 - 2028)
- Automotive
- Consumer Electronics
- Semiconductor
- Ophthalmology
- Defense & Aerospace
- Others
Region Outlook (Revenue, USD Million; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Laser Interferometer Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Laser Interferometer Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Laser Interferometer Segmentation & Impact Analysis
Chapter 5. Laser Interferometer Market By Type Insights & Trends
Chapter 6. Laser Interferometer Market By Application Insights & Trends
Chapter 7. Laser Interferometer Market By Interferometer Type Insights & Trends
Chapter 8. Laser Interferometer Market By Encoder Type Insights & Trends
Chapter 9. Laser Interferometer Market Regional Outlook
Chapter 10. Competitive Landscape
Chapter 11. Company Profiles
Companies Mentioned
- Optodyne
- Agilent
- Renishaw
- Status Pro
- API Corporation
- Tosei Corp.
- Zygo Corp.
- Carl Zeiss AG
- Aerotech Inc.
- Olympus Corp.
