Feb 16, 2018   SOURCE: BusinessWire

Video Measuring System Market 2018 - Global Forecast to 2023 - ResearchAndMarkets.com

The "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" report has been added to ResearchAndMarkets.com's offering

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.

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.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Premium Insights

5. Market Overview

6. Industry Trends

7. Video Measuring System Market, By Offering

8. Video Measuring System Market, By Product Type

9. Video Measuring System Market, By Application

10. Video Measuring System Market, By Region

11. Competitive Landscape

12. Company Profiles

  • Hexagon
  • Carl Zeiss
  • Faro Technologies
  • Mitutoyo Corporation
  • Nikon Corporation
  • GOM Metrology
  • Perceptron
  • Renishaw
  • Zygo Corporation
  • Advantest Corporation
  • Wenzel Prazision
  • Creaform
  • Keyence
  • Vision Engineering
  • Carmar Accuracy Co.

For more information about this report visit https://www.researchandmarkets.com/research/jfswz6/video_measuring?w=4