XXX market Industry Analysis and Forecast 2015-2024


Posted September 28, 2018 by kunalraut

Global Video Measuring System Market is expected to reach USD 839.41 Million by 2025 from USD 453.54 Million in 2017, at a CAGR of 8.1%in the forecast period 2018 to 2025.

 
Global Video Measuring System Market is expected to reach USD 839.41 Million by 2025 from USD 453.54 Million in 2017, at a CAGR of 8.1%in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Segmentation: Global Video Measuring System Market
Global Video Measuring System Market,
By Offering
• Hardware,
• Software,
• Services
Product Type
• Manual Video Measuring System,
• Automated Video Measuring System,
• Semi-Automated Video Measuring System
Type
• 2D,
• 3D
• Application Electronics
• Automotive,
• Aerospace & Defence,
• Heavy Machinery Industry,
• Medical,
• Energy & Power
Geography
• North America,
• Europe,
• Asia-Pacific,
• South America,
• Middle East and Africa

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Drivers: Global Video Measuring System Market
The major factors driving the growth of this market are rising concern towards quality control, increased demand for proficient, precise and specific measurement technology and advantages of video measurement technology over traditional measurement methods are the factors which will boost the global video measuring system market. On the other hand high cost of video measuring related technologies may hinder the growth of the global video measuring system market.

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ADVANTAGES OF VIDEO MEASUREMENT TECHNOLOGY OVER TRADITIONAL MEASUREMENT METHODS:
Conventionally the measurements in manufacturing process used to be done after the final product has been produced. It was also known as post-process measurement. In conventional methods the inspection process involved use of block gauge, which were used as an accurate reference length to measure the product part’s length. Measuring meters equipped with digital readout were used to reduce errors in reading.
Coordinate measurement machine (CMM), mechanical methods, optical methods, pneumatic methods and ultrasonic method are some of the traditional methods that were used for inspection after the final product was produced. Product inspection at the time of final product led to so many problems such as increasing costs due to increased levels of waste and rework and also raising productivity levels and incompetency of production.

In order to overcome these problems video measurement technology has been introduced. Its prime advantage is to inspect the product at its initial level. The cameras used in video measurement are made up of high pixels which enable proficient discovery of manifold edge points from the entire image.
Video measuring systems reveal edges that do not cast a shadow when focused from rear view which has resulted in increasing popularity of the system and increased use across various industries such as in automotive, electronics, medical among others.

Major Players: Global Video Measuring System Market
Some of the major players operating in this market are
• ZEISS International,
• Nikon Corporation,
• FARO Technologies, Inc.,
• HEXAGON,
• KEYENCE CORPORATION,
• ZYGO,
• Mitutoyo America Corporation,
• Vision Engineering Ltd,
• Perceptron, Inc.,
• CREAFORM,
• ADVANTEST CORPORATION,
• Renishaw plc,

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Last Updated September 28, 2018