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Video Measuring System Market by Product Type (Manual, Semi-Automated, Automated), Application (Automotive, Aerospace & Defense, Heavy Machinery, Energy & Power, Electronics, Medical), Offering, And Geography - Global Forecast to 2023

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Date: 05-Feb-2018
No. of pages: 156
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“Video measuring system market anticipated to grow at a CAGR of 8.5% from 2018 to 2023”

The video measuring system market is estimated to be worth USD 423.0 million in 2018 and is projected to reach USD 636.0 million by 2023, at a CAGR of 8.5% during the forecast period. Major factors driving the growth of the video measuring system market include the increasing adoption of non-contact measurement techniques based on computer numerical control (CNC) technology, increasing focus on quality control, advantages of video measurement technology over conventional measurement methods, and increasing need for highly efficient, reliable, and precise measurement technology.

“Market for automated video measuring systems estimated to grow at the highest CAGR during the forecast period”

The latest automated video measurement system provides high resolution and greater accuracy to perform critical dimensional measurements with high speed. Features such as automatic edge detection, programmable lighting, programmable zoom lens, and multi sensor technology greatly enhance the efficiency, speed, and accuracy of the measurement process. The market for automated video measuring systems is expected to grow at the highest CAGR.
Market for medical applications expected to grow at the highest CAGR during the forecast period

The increasing popularity of video measuring systems for applications, such as machine alignment, rapid prototyping, first article inspection, part verification, and reverse engineering, in the medical industry is expected to fuel the growth of the video measuring system market during the forecast period. Furthermore, the adoption of precision engineering practices by manufacturers with a focus on accuracy and reliability in the manufacturing of medical devices has resulted in an increase in the growth of the video measuring system market for medical application.

“Video measuring system market in Asia Pacific expected to grow at the highest CAGR during the forecast period”

The increasing adoption of precise measurement advanced technologies by manufacturers in Asia Pacific with a focus on the accuracy and reliability of the manufactured products is expected to propel the growth of the video measuring system market in Asia Pacific. Many industrial products such as automotive parts and components, electronics devices, satellites system components, and navigation systems contain thousands of mechanical parts, most of which have tight tolerances that need to be inspected before being assembled into final products. This is likely to increase the demand for video measuring systems in the automotive, aerospace, and other industries. Therefore, the video measuring system market is expected to witness high growth in Asia Pacific during the forecast period.

The breakup of primaries conducted during the study is depicted below:


  • By Company Type: Tier 1 – 35 %, Tier 2 – 40%, and Tier 3 –25%

  • By Designation: C-Level Executives– 57%,Directors – 29%, and Others – 14%

  • By Region: Americas– 40%, Europe – 30%, Asia Pacific– 20%, and RoW – 10%


Key players operating in the video measuring system market are Hexagon (Sweden), Carl Zeiss (Germany), Faro Technologies (US), Mitutoyo Corporation) (Japan), Nikon Corporation (Japan), GOM Metrology (Germany), Perceptron (US), Renishaw (UK), Zygo Corporation (US), Advantest Corporation (Japan), Wenzel Prazision (Germany), Creaform (Canada), Keyence (Japan), Vision Engineering (UK), and Carmar Accuracy Co. (Taiwan).

Research Coverage:

This report covers the video measuring system market based on offering, product type, application, and region. The video measuring system market based on offering has been segmented into hard ware, software, and Services. Based on applications, the video measuring system market has been segmented into automotive, aerospace & defence, heavy machinery industry, energy & power, electronics, medical, and others. On the basis of product type, the video measuring system market has been classified into manual, semi-automated, and automated. On the basis of region, the market has been segmented into the Americas, Europe, Asia Pacific (APAC), and RoW.

Key Benefits of Buying the Report:


  • This report includes the market statistics pertaining to offering, application, product type, and region, along with their respective market sizes.

  • In-depth analysis of the value chain has been done to provide an in-depth insight into the video measuring system market.

  • Major drivers, restraints, challenges, and opportunities for the video measuring system market have been detailed in this report.

  • Illustrative segmentation, analysis, and forecast for the markets on the basis of offering, application, product type, and region have been conducted to provide an overall view of the video measuring system market.


The report includes a detailed competitive leadership mapping, including key players and in-depth analysis and ranking of the key players.

Video Measuring System Market by Product Type (Manual, Semi-Automated, Automated), Application (Automotive, Aerospace & Defense, Heavy Machinery, Energy & Power, Electronics, Medical), Offering, And Geography - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.4 Years Considered for Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Video Measuring System Market
4.2 Market in Asia Pacific, By Application and Country
4.3 Market, By Offering
4.4 Market, By Product Type
4.5 Market, By Geography

5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Increasing Adoption of Noncontact Measurement Techniques Based on Computer Numerical Control (CNC) Technology
5.1.1.2 Increasing Focus on Quality Control
5.1.1.3 Advantages of Video Measurement Technology Over Conventional Measurement Methods
5.1.1.4 Increasing Need for Efficient, Reliable, and Precise Measurement Technology
5.1.2 Restraints
5.1.2.1 High Cost Associated With Video Measuring Technology
5.1.2.2 Lack of Expertise to Handle Video Measuring Systems Efficiently
5.1.3 Opportunities
5.1.3.1 Smart Factory/Industry 4.0 has Created Multiple Opportunities
5.1.3.2 Rise in Wages Would Create Investment Opportunities for Video Measuring Systems in Developing Countries
5.1.4 Challenges
5.1.4.1 Lack of Simplified Software Solutions
5.1.4.2 Less Efficiency in Measuring 3D Images

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Research and Development
6.2.2 Component Manufacturers
6.2.3 Original Equipment Manufacturers (OEMs)
6.2.4 System Integrators
6.2.5 Resellers & Distributors
6.2.6 End Users
6.3 Technological Trends

7 Video Measuring System Market, By Offering
7.1 Introduction
7.2 Hardware
7.2.1 Cameras
7.2.2 Processors
7.2.3 Sensors
7.2.4 Lighting System
7.2.5 Others
7.3 Software
7.4 Services
7.4.1 Measurement Service
7.4.2 After-Sales Service

8 Video Measuring System Market, By Product Type
8.1 Introduction
8.2 Manual Video Measuring System
8.3 Semi-Automated Video Measuring System
8.4 Automated Video Measuring System

9 Video Measuring System Market, By Application
9.1 Introduction
9.2 Automotive
9.3 Aerospace & Defence
9.4 Heavy Machinery Industry
9.5 Energy & Power
9.6 Electronics
9.7 Medical
9.8 Others

10 Video Measuring System Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 India
10.4.5 Rest of Asia Pacific
10.5 Rest of the World
10.5.1 Middle East & Africa
10.5.2 South America

11 Competitive Landscape
11.1 Overview
11.2 Ranking of Players, 2017
11.3 Competitive Scenario
11.3.1 Product Launches
11.3.2 Partnerships, Contracts, Joint Ventures, Agreements, & Expansions
11.3.3 Mergers & Acquisitions

12 Company Profiles
(Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
12.1 Key Players
12.1.1 Hexagon
12.1.2 Carl Zeiss
12.1.3 Faro Technologies
12.1.4 Mitutoyo
12.1.5 Nikon
12.1.6 Perceptron
12.1.7 Renishaw
12.1.8 Keyence
12.1.9 Advantest
12.1.10 GOM
12.1.11 Wenzel Prazision
12.1.12 Creaform
12.1.13 Zygo
12.1.14 Vision Engineering
12.2 Key Innovators
12.2.1 Carmar
12.2.2 Dongguan Yihui Optoelectronics Technology
12.2.3 Sipcon Instrument Industries
12.2.4 Accu-Tech Measurement System
12.2.5 Octum

*Details on Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Introducing RT: Real-Time Market Intelligence
13.4 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 Secondary Sources
Table 2 Primary Interviews With Experts
Table 3 Market, By Offering, 2015–2023 (USD Million)
Table 4 Market for Hardware, By Type, 2015–2023 (USD Million)
Table 5 Market for Hardware, By Product Type, 2015–2023 (USD Million)
Table 6 Market for Hardware, By Application, 2015–2023 (USD Million)
Table 7 Market for Hardware, By Region, 2015–2023 (USD Million)
Table 8 Market for Software, By Product Type, 2015–2023 (USD Million)
Table 9 Market for Software, By Application, 2015–2023 (USD Million)
Table 10 Market for Software, By Region, 2015–2023 (USD Million)
Table 11 Market for Services, By Type, 2015–2023 (USD Million)
Table 12 Market for Services, By Product Type, 2015–2023 (USD Million)
Table 13 Market for Services, By Application, 2015–2023 (USD Million)
Table 14 Market for Services, By Region, 2015–2023 (USD Million)
Table 15 Market, By Product Type, 2015–2023 (USD Million)
Table 16 Market, By Product Type, 2015–2023 (Units)
Table 17 Manual Market, By Offering, 2015–2023 (USD Million)
Table 18 Manual Market, By Application, 2015–2023 (USD Million)
Table 19 Manual Market, By Region, 2015–2023 (USD Million)
Table 20 Semi Automated Market, By Offering, 2015–2023 (USD Million)
Table 21 Semi Automated Market, By Application, 2015–2023 (USD Million)
Table 22 Semi Automated Market, By Region, 2015–2023 (USD Million)
Table 23 Automated Video Measuring System Market, By Offering, 2015–2023 (USD Million)
Table 24 Automated Market, By Application, 2015–2023 (USD Million)
Table 25 Automated Market, By Region, 2015–2023 (USD Million)
Table 26 Market, By Application, 2015–2023 (USD Million)
Table 27 Market for Automotive, By Offering, 2015–2023 (USD Million)
Table 28 Market for Automotive, By Product Type, 2015–2023 (USD Million)
Table 29 Market for Automotive, By Region, 2015–2023 (USD Million)
Table 30 Market for Aerospace & Defence, By Offering, 2015–2023 (USD Million)
Table 31 Market for Aerospace & Defence, By Product Type, 2015–2023 (USD Million)
Table 32 Market for Aerospace & Defence, By Region, 2015–2023 (USD Million)
Table 33 Market for Heavy Machinery Industry, By Offering, 2015–2023 (USD Million)
Table 34 Market for Heavy Machinery Industry, By Product Type, 2015–2023 (USD Million)
Table 35 Market for Heavy Machinery Industry, By Region, 2015–2023 (USD Million)
Table 36 Market for Energy & Power, By Offering, 2015–2023 (USD Million)
Table 37 Market for Energy & Power, By Product Type, 2015–2023 (USD Million)
Table 38 Market for Energy & Power, By Region, 2015–2023 (USD Million)
Table 39 Market for Electronics Application, By Offering, 2015–2023 (USD Million)
Table 40 Market for Electronics Application, By Product Type, 2015–2023 (USD Million)
Table 41 Market for Electronics Application, By Region, 2015–2023 (USD Million)
Table 42 Market for Medical Application, By Offering, 2015–2023 (USD Million)
Table 43 Market for Medical Application, By Product Type, 2015–2023 (USD Million)
Table 44 Market for Medical Application, By Region, 2015–2023 (USD Million)
Table 45 Market for Other Application, By Offering, 2015–2023 (USD Million)
Table 46 Market for Other Application, By Product Type, 2015–2023 (USD Million)
Table 47 Market for Other Application, By Region, 2015–2023 (USD Million)
Table 48 Market, By Region, 2015–2023 (USD Million)
Table 49 Market in North America, By Offering, 2015–2023 (USD Million)
Table 50 Market in North America, By Product Type, 2015–2023 (USD Million)
Table 51 Market in North America, By Application, 2015–2023 (USD Million)
Table 52 Market in North America, By Country, 2015–2023 (USD Million)
Table 53 Market in Europe, By Offering, 2015–2023 (USD Million)
Table 54 Market in Europe, By Product Type, 2015–2023 (USD Million)
Table 55 Market in Europe, By Application, 2015–2023 (USD Million)
Table 56 Market in Europe, By Country, 2015–2023 (USD Million)
Table 57 Market in Asia Pacific, By Offering, 2015–2023 (USD Million)
Table 58 Market in Asia Pacific, By Product Type, 2015–2023 (USD Million)
Table 59 Market in Asia Pacific, By Application, 2015–2023 (USD Million)
Table 60 Market in Asia Pacific, By Country, 2015–2023 (USD Million)
Table 61 Market in RoW, By Offering, 2015–2023 (USD Million)
Table 62 Market in RoW, By Product Type, 2015–2023 (USD Million)
Table 63 Market in RoW, By Application, 2015–2023 (USD Million)
Table 64 Market in RoW, By Region, 2015–2023 (USD Million)
Table 65 Ranking Analysis of the Top Players in the Market, 2017
Table 66 Market Evaluation Framework—Product Launches and Partnerships & Agreements Emerged as Major Growth Strategies Between 2014 and 2017

List of Figures

Figure 1 Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Market Breakdown and Data Triangulation
Figure 5 Market, 2015–2023 (USD Million)
Figure 6 Hardware Segment Expected to Hold the Largest Size of the Market During the Forecast Period
Figure 7 Video Measuring System for Medical Application Expected to Grow at the Highest CAGR During the Forecast Period
Figure 8 Automated/CNC Video Measuring System Expected to Grow at the Highest CAGR During the Forecast Period
Figure 9 Asia Pacific Expected to Grow at the Highest CAGR in Video Measuring Market During the Forecast Period
Figure 10 Increasing Adoption of Non-Contact Measurement Techniques is Expected to Propel the Growth of Market
Figure 11 China Held the Largest Share of the Market in Asia Pacific in 2017
Figure 12 Hardware Segment Held the Largest Market Share in 2017
Figure 13 Manual Video Measuring System Held the Largest Market Size in 2017
Figure 14 US Held the Largest Share of the Market in 2017
Figure 15 Market: Market Dynamics
Figure 16 Average Yearly Wages in the Manufacturing Sector in China
Figure 17 Value Chain Analysis of the Market
Figure 18 Adoption of High Computational Cameras is A Leading Trend in the Market
Figure 19 Market for Software Expected to Grow at the Highest CAGR Between 2018 and 2023
Figure 20 Cameras, Among All Hardware Components Expected to Hold the Largest Market Size of the Video Measuring System Market in 2018
Figure 21 North America to Hold the Largest Market Size for Hardware Component in 2018
Figure 22 Asia Pacific Expected to Grow at the Highest CAGR in Software Market During the Forecast Period
Figure 23 North America Held the Largest Size of the Video Measuring System Services Market in 2018
Figure 24 Automated/CNC Market Expected to Grow at the Highest CAGR Between 2018 and 2023
Figure 25 Hardware to Hold Largest Size for the Manual Video Measuring System Market in 2018
Figure 26 Hardware to Hold the Largest Size for the Semi-Automated Video Measuring System Market in 2018
Figure 27 Software Market Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Market for Medical Application Expected to Grow at the Highest CAGR Between 2018 and 2023
Figure 29 North America to Hold the Largest Size for Automotive Application in 2018
Figure 30 North America to Hold the Largest Size for Aerospace & Defence Application in 2018
Figure 31 Asia Pacific Expected to Grow at the Highest CAGR in the Market for Heavy Industry Application During the Forecast Period
Figure 32 Asia Pacific Expected to Grow at the Highest CAGR in the Market for Energy & Power Application During the Forecast Period
Figure 33 North America Expected to Hold the Largest Size in the Market for Electronics Application During the Forecast Period
Figure 34 North America to Hold the Largest Size for Medical Application in 2018
Figure 35 Asia Pacific Expected to Grow at the Highest CAGR in Market for Other Application Between 2018 and 2023
Figure 36 India Expected to Grow at the Highest CAGR in Market During the Forecast Period
Figure 37 North America: Market Snapshot
Figure 38 Europe: Market Snapshot
Figure 39 Asia Pacific: Market Snapshot
Figure 40 Companies Adopted Product Launches as the Key Growth Strategy From 2014 to 2017
Figure 41 Hexagon: Company Snapshot
Figure 42 Carl Zeiss: Company Snapshot
Figure 43 Faro Technologies: Company Snapshot
Figure 44 Nikon: Company Snapshot
Figure 45 Perceptron: Company Snapshot
Figure 46 Renishaw: Company Snapshot
Figure 47 Keyence: Company Snapshot
Figure 48 Advantest: Company Snapshot

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