PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1532851
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1532851
Shape Measuring Devices Market, By Type, By Sales Channel, By Application, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
REPORT HIGHLIGHT
Shape Measuring Devices Market size was valued at USD 1,425.3 Million in 2023, expanding at a CAGR of 4.8% from 2024 to 2032.
Shape measurement reveals minor surface faults and irregularities, such as burrs and scratches, as well as markings on product surfaces. A shape-measuring device is an optical measuring instrument with a projection unit that employs the light section method. It is set to project a predefined pattern, such as slit light, onto the object to be measured. The shape measurement device provides a true definition of the thing under inquiry.
Shape Measuring Devices Market- Market Dynamics
The increasing construction sector is driving the demand for high-tech products
Green construction employs environmentally friendly building materials and processes to create energy-efficient structures that have no detrimental impact on the environment. The usage of environmentally friendly technologies has increased, demonstrating the industry's technological advancements. Thus, the growing construction sector and the need for improved technologies to reduce completion times and achieve higher accuracy are expected to increase demand for form measuring devices for new-age buildings, boosting market growth in the region. For instance, in November 2022, Ametek purchased Navitar, Inc., a developer of advanced optical components and solutions, as well as RTDS Technologies Inc., a real-time power simulation system manufacturer. Ametek will use Navistar's optical solutions skills and RTDS Technologies as part of this acquisition to expand its highly efficient precision optics services as well as power test and measurement solutions.
Shape Measuring Devices Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 4.8% over the forecast period (2024-2032)
Based on Type segmentation, optical was predicted to show maximum market share in the year 2023
Based on Sales Channel segmentation, The online sector generated a large share of the form measurement devices market's revenue.
Based on region, Asia Pacific was the leading revenue generator in 2023
Shape Measuring Devices Market- Segmentation Analysis:
The Global Shape Measuring Devices Market is segmented based on Type, Sales Channel, Application, and Region.
The market is divided into three categories based on Type: Optical, 3D And Others. In 2023, the optical segment led the shape-measuring devices market, accounting for the majority of revenue. This is because these instruments measure using optical principles. The vast bulk of optical measurement equipment is based on the triangulation principle. Triangulation establishes the position of an object by measuring the angle between a laser beam and a reference line pointing at the thing being measured, expanding their use in many industries and assisting segment expansion over the projected era.
The market is divided into two categories based on Sales Channels: In-store and online. In 2023, the online sector accounted for a significant portion of the shape measurement devices market's revenue. This is because an online store is a virtual store that sells products and services online without the requirement for a physical location. These online marketplaces are popular for purchasing form measuring equipment due to their widespread availability and great discounts and bargains. Furthermore, thanks to the extensive usage of the internet, online shopping is becoming a popular trend.
Shape Measuring Devices Market- Competitive Landscape:
Recent Developments:
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL SHAPE MEASURING DEVICES MARKET, BY TYPE- MARKET ANALYSIS, 2019 - 2032
GLOBAL SHAPE MEASURING DEVICES MARKET, BY SALES CHANNEL- MARKET ANALYSIS, 2019 - 2032
GLOBAL SHAPE MEASURING DEVICES MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
GLOBAL SHAPE MEASURING DEVICES MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
Table of Contents
1. Shape Measuring Devices Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Shape Measuring Devices Market Snippet by Type
- 2.1.2. Shape Measuring Devices Market Snippet by Sales Channel
- 2.1.3. Shape Measuring Devices Market Snippet by Application
- 2.1.4. Shape Measuring Devices Market Snippet by Country
- 2.1.5. Shape Measuring Devices Market Snippet by Region
3. Shape Measuring Devices Key Market Trends
4. Shape Measuring Devices Industry Study
5. Shape Measuring Devices Market: COVID-19 Impact Analysis
6. Shape Measuring Devices Market Landscape
7. Shape Measuring Devices Market - By Type
8. Shape Measuring Devices Market - By Sales Channel
9. Shape Measuring Devices Market - By Application
10. Shape Measuring Devices Market- By Geography
11. Key Vendor Analysis- Shape Measuring Devices Industry
12. 360 Degree Analyst View
13. Appendix
List of Tables
- TABLE List of data sources
- TABLE Market drivers; Impact Analysis
- TABLE Market restraints; Impact Analysis
- TABLE Shape Measuring Devices Market: Type Snapshot (2023)
- TABLE Segment Dashboard; Definition and Scope, by Type
- TABLE Global Shape Measuring Devices Market, by Type 2019-2032 (USD Million)
- TABLE Shape Measuring Devices Market: Sales Channel Snapshot (2023)
- TABLE Segment Dashboard; Definition and Scope, by Sales Channel
- TABLE Global Shape Measuring Devices Market, by Sales Channel 2019-2032 (USD Million)
- TABLE Shape Measuring Devices Market: Application Snapshot (2023)
- TABLE Segment Dashboard; Definition and Scope, by Application
- TABLE Global Shape Measuring Devices Market, by Application 2019-2032 (USD Million)
List of Figures
