+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Video Measuring System Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

  • PDF Icon

    Report

  • 182 Pages
  • February 2024
  • Infogence Global Research
  • ID: 5544103
The Global Video Measuring System Market is estimated to be USD 653.23 Mn in 2023 and is expected to reach USD 1024.13 Mn by 2028 growing at a CAGR of 9.41%

Market Dynamics

The Global Video Measuring System Market is driving the growing adoption of contactless measuring techniques based on CNC (Computer Numerical Control) Technology by various industries, especially automotive and defense sectors, and increasing focus towards quality control is fuelling the growth of the market. Additionally, the video measuring system has an advantage over conventional measuring methods, and the increasing need for reliable, precision, and efficient measurement technology are the factors driving the market's growth. On the other hand, the high cost of video measuring technology and the lack of training centers. The skilled professional in handling the video measuring system efficiently, as the system requires technical expertise for analysis and inspection based on product, components, and verticals, are the factors restricting the market’s growth.

Furthermore, the growing adoption of industry 4.0 or smart factories and rising wages will help in increasing investment in developing countries. They could further create opportunities for the market to grow in the forecasted period. Moreover, video measuring systems lack simplified solutions and are less efficient in measuring 3D Images. These are the significant challenges in the growth of the market.

Market Segmentation

  • The Global Market is segmented further based on Application Type, Product Type, Type, Offering Type, and Geography.
  • By Application Type, the market is classified into Automotive, Aerospace & Defence, Electronics, Energy & Power, Heavy Machinery Industry, Medical, and Others.
  • By Product Type, the Video Measuring System market is classified into Manual, Semi-Automated, and Automated/CNC.
  • By Type, the Video Measuring System market is classified into 2D and 3D.
  • By Offering Type, the Video Measuring System market is classified into Hardware, Software, and Services
  • By Geography, Asia Pacific is projected to lead the market.

Recent Developments

1. Atlas Copco acquired AEP to strengthen their capabilities for the growing market and better serve their customers- September 28, 2021
2. Nikon Corporation signs joint development agreement with Sharp Corporation to accelerate innovation in the implementation technology of biomimetics-July 20, 2021
3. Bruker Corporation partnerships with Cambridge Isotope Laboratories for the expansion of LabScape® Portfolio of Nuclear Magnetic Resonance(NMR) Solutions-May 29, 2021

Company Profiles

Some of the companies covered in this report are Advantest Corporation, AMETEK, Inc, Atlas Copco, Carl Zeiss AG, FARO Technologies, Inc, Hexagon AB, Keyence Corporation, Mitutoyo Corporation, Nikon Corporation, and Renishaw plc, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Video Measuring System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Growing Adoption of Contactless Measuring Techniques
4.1.2 Increase Need for Reliable, Precise, and Efficient Measuring Technology
4.1.3 The advantage over Conventional Measurement Methods
4.2 Restraints
4.2.1 High-Cost Video of Measuring Technology
4.2.2 Lack of Skilled Professional
4.3 Opportunities
4.3.1 Growing Adoption of Smart Factory
4.3.2 The rise in Wages will Increase Investment in Developing Countries
4.4 Challenges
4.4.1 Lack of Simplified Solutions
4.4.2 Less Efficiency in Measuring 3D Images
5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global Video Measuring System Market, By Application Type
6.1 Introduction
6.2 Automotive
6.3 Aerospace & Defence
6.4 Electronics
6.5 Energy & Power
6.6 Heavy Machinery Industry
6.7 Medical
6.8 Others
7 Global Video Measuring System Market, By Product Type
7.1 Introduction
7.2 Manual
7.3 Semi-Automated
7.4 Automated/CNC
8 Global Video Measuring System Market, By Type
8.1 Introduction
8.2 2D
8.3 3D
9 Global Video Measuring System Market, By Offering Type
9.1 Introduction
9.2 Hardware
9.2.1 Cameras
9.2.2 Processors
9.2.3 Sensors
9.2.4 Lighting System
9.2.5 Others
9.3 Software
9.4 Services
9.4.1 Measurement Services
9.4.2 After-Sale Services
10 Global Video Measuring System Market, By Geography
10.1 Introduction
10.1 America
10.1.1 Argentina
10.1.2 Brazil
10.1.3 Canada
10.1.4 Chile
10.1.5 Colombia
10.1.6 Mexico
10.1.7 Peru
10.1.8 United States
10.1.9 Rest of Americas
10.2 Europe
10.2.1 Austria
10.2.2 Belgium
10.2.3 Denmark
10.2.4 Finland
10.2.5 France
10.2.6 Germany
10.2.7 Italy
10.2.8 Netherlands
10.2.9 Norway
10.2.10 Poland
10.2.11 Russia
10.2.12 Spain
10.2.13 Sweden
10.2.14 Switzerland
10.2.15 United Kingdom
10.2.16 Rest of Europe
10.3 Middle East and Africa
10.3.1 Egypt
10.3.2 Israel
10.3.3 Qatar
10.3.4 Saudi Arabia
10.3.5 South Africa
10.3.6 United Arab Emirates
10.3.7 Rest of MEA
10.4 Asia-Pacific
10.4.1 Australia
10.4.2 Bangladesh
10.4.3 China
10.4.4 India
10.4.5 Indonesia
10.4.6 Japan
10.4.7 Malaysia
10.4.8 Philippines
10.4.9 Singapore
10.4.10 South Korea
10.4.11 Sri Lanka
10.4.12 Thailand
10.4.13 Taiwan
10.4.14 Rest of Asia
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 Accurex Measurement, Inc
12.2 Accu-Tech Measurement Systems
12.3 Advanced Machinery Companies
12.4 Advantest Corporation
12.5 Altana AG
12.6 AMETEK, Inc
12.7 Atlas Copco
12.8 BEI Precision Systems & Space Company
12.9 Bruker Corporation
12.10 Carl Zeiss AG
12.11 Carmar Accuracy Co Ltd
12.12 Dongguan YIHUI Optoelectronics Technology Co Ltd
12.13 Dynascan Inspection Systems Company
12.14 FARO Technologies, Inc
12.15 Gomaplast Machinery, Inc
12.16 Hexagon AB
12.17 Inspection Engineering
12.18 Keyence Corporation
12.19 Konica Minolta, Inc
12.20 Mitutoyo Corporation
12.21 Nikon Corporation
12.22 Optum, Inc
12.23 Productivity Quality, Inc
12.24 Quality Vision International, Inc
12.25 Quality Control Solutions, Inc
12.26 Renishaw plc
12.27 Sipcon Instrument Industries
12.28 Spectra Services, Inc
12.29 Thorlabs, Inc
12.30 TRS-RenTelco
12.31 Vision Engineering Ltd
13 Appendix
13.1 Questionnaire

Companies Mentioned

  • Accurex Measurement, Inc
  • Accu-Tech Measurement Systems
  • Advanced Machinery Companies
  • Advantest Corporation
  • Altana AG
  • AMETEK, Inc
  • Atlas Copco
  • BEI Precision Systems & Space Company
  • Bruker Corporation
  • Carl Zeiss AG
  • Carmar Accuracy Co Ltd
  • Dongguan YIHUI Optoelectronics Technology Co Ltd
  • Dynascan Inspection Systems Company
  • FARO Technologies, Inc
  • Gomaplast Machinery, Inc
  • Hexagon AB
  • Inspection Engineering
  • Keyence Corporation
  • Konica Minolta, Inc
  • Mitutoyo Corporation
  • Nikon Corporation
  • Optum, Inc
  • Productivity Quality, Inc
  • Quality Vision International, Inc
  • Quality Control Solutions, Inc
  • Renishaw plc
  • Sipcon Instrument Industries
  • Spectra Services, Inc
  • Thorlabs, Inc
  • TRS-RenTelco
  • Vision Engineering Ltd