Analysis of Laser Trackers Market by Aerospace & Defense, Automotive, Energy & Power, Architecture & Construction, Others
Increasing Deployment of Laser Tracker for Accurate 3D Measurements in Manufacturing Industries- FMI Presents Actionable Insights for Businesses to Expand Across the World
The global laser trackers market size is slated to reach US$ 302.8 million in 2023. As per FMI predictions, the estimated market CAGR from 2023 to 2033 is 11.4% CAGR. By the end of the forecast period, the market is estimated to attain a market valuation of US$ 891.4 million.
Attribute
Details
Laser Trackers Market Size (2022)
US$ 270.1 million
Laser Trackers Market Size (2023E)
US$ 302.8 million
Laser Trackers Market Forecast Size (2033F)
US$ 891.4 million
Laser Trackers Market Value-based CAGR (2023 to 2033)
11.4%
Laser Trackers Market Value-based CAGR (2018 to 2022)
13.2%
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Laser Trackers Manufacturers or Businesses are being Supported by
Heightened demand for laser trackers for quality control calibration in the automotive industry.
Governments of developing countries increasingly supporting the robotics sector head-on are also projected to fuel the demand for laser trackers.
Provision of a software subscription model by many firms operating in the industry can drastically reduce the high initial investment related to the purchase of a complete setup, such as software and hardware. This motivates users to opt for this model over other available options.
Laser trackers provide dependability, inspection quality, and accuracy in manufacturing activities, leading to their high adoption in the manufacturing sector.
Laser trackers are significantly replacing traditional hand tools and physical control devices for computing purposes.
Laser trackers are employed for testing and maintenance, calibration, and robot tracking to enhance its overall outcomes.
Market Growth is Challenged by
Presence of alternatives like laser radars for inspection purposes might confine the growth prospects in the future.
Laser tracker may sometime face alignment errors attributed to its design-related constraints and manufacturing tolerances.
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The Market is Aligning with the Following Trends
Widespread adoption of cloud computing in the industry is expected to shift the market dynamics. This can be attributed to the affordability of laser trackers post such changes, in comparison to traditional hardware-based solutions.
Boom of Industry 4.0 and increasing advances in distance measurement technology is pushing the market growth. Emerging technology and surging demand for computer-driven laser tracker systems boost the market growth.
Key Opportunities for Laser Trackers Merchants
The 3D measurement technique is witnessing increasing research and development. This is further projected to support the growth of the laser tracker industry and create significant opportunities going forward.
High growth opportunities are presented by Asia Pacific. This can be attributed to the surging adoption of laser trackers in the automotive industry for quality control calibration.
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2018 to 2022 Laser Trackers Market Outlook Compared to 2023 to 2033 Forecast
In the historical period, the market gained a value of US$ 270.1 million in 2022. The market throughout the historical period recorded a CAGR of 13.2%.
In recent years, the market has gained momentum owing to the surging adoption of laser-based technology in multiple industries like healthcare, defense, manufacturing, etc. Further, advances in distance measurement technology have also fueled the market in the historical period.
Laser trackers are employed in challenging situations where high precision is required. Their increasing use can be attributed to their portability and in-built battery. Over the forecast period, the laser trackers market is pegged to achieve US$ 891.4 million by 2033. At present, the market is estimated to stand at US$ 302.8 million in 2023. From 2023 to 2033, the market is expected to register a CAGR of 11.4%.
Modern lasers offer high precision and portability when utilized within a practical measurement range. The latest systems in the market are Wi-Fi enabled, permitting enhanced fluid communication among sensors to expedite data transfer.
Manufacturers in the market are consistently introducing new solutions and products, which is projected to foster market growth. Additionally, heightened investments in the industry to advance laser tracker technology are also forecasted to have a positive influence in the coming years.
Firms operating in the market have commenced delivering cloud-based solutions for processing and analyzing data. For example, Hexagon’s Manufacturing Intelligence provides HxGN SFx Asset Management, which is a cloud-ready software solution. This solution assists manufacturers in providing operational excellence by delivering access to utilization reporting and real-time machine status.
Comparative Study: Market Analysis of Corresponding Markets
Laser Trackers Market:
Differentiating Aspects
Laser Trackers Market
CAGR (Forecast Period 2023 to 2033)
11.4%
Market Valuation in 2023
US$ 302.8 million
Projected Market Value by 2033
US$ 891.4 million
Growth Factors
Surging adoption of laser-based technology in multiple domains like healthcare, defense, manufacturing, etc.
Trends
Increasing support for the robotics sector.
Opportunities
Advancement in 3D measurement technique to bolster growth aspects.
Terrestrial Laser Scanning Market:
Differentiating Aspects
Terrestrial Laser Scanning Market
CAGR (Forecast Period 2023 to 2033)
6.3%
Market Valuation in 2023
US$ 3.47 billion
Projected Market Value by 2033
US$ 6.46 billion
Growth Factors
Frequent adoption of this technology for surveying, forestry, and construction industries.
Trends
The surge in the utilization of these solutions in Global Navigation Satellite Systems (GNSS).
Opportunities
Integration of light detection to expand the market growth prospects.
Laser Technology Market:
Differentiating Aspects
Laser Technology Market
CAGR (Forecast Period 2023 to 2033)
7.8%
Market Valuation in 2023
US$ 18 billion
Projected Market Value by 2033
US$ 38.15 billion
Growth Factors
The surge in the utilization of solid-state lasers in multiple domains.
Trends
Increasing popularization of laser therapy and advances in photonic technology.
Opportunities
Emerging AI and digitalization infusing the laser technology industry with promising growth prospects.
Country-wise Insights
Growth of EV Sector in China Bolstering Demand for Laser Trackers
Attribute
Details
Country
China
Market Size (US$ million) by End of Forecast Period (2033)
US$ 222.5 million
CAGR % 2023 to End of Forecast (2033)
11.4%
China’s laser trackers industry is projected to amount to US$ 222.5 million by 2033. Throughout the assessment period, China market is predicted to expand at a CAGR of 11.4%. The country is observing an increase in the establishment of smart factories, which is facilitating the demand for laser trackers.
The large automobile industry in China is also supporting the sales of laser trackers in the country. Further, the high penetration rate of electric vehicles and substantial production of solar modules are pushing market growth.
Releases of New Laser Trackers to Fuel Market Growth in the United States
Attribute
Details
Country
The United States
Market Size (US$ million) by End of Forecast Period (2033)
US$ 164.3 million
CAGR % 2023 to End of Forecast (2033)
11.3%
The United States laser trackers market is projected to attain US$ 164.3 million by 2033. Up until 2033, the market is predicted to expand at a CAGR of 11.3%. The regional growth is supported by the presence of several conglomerates in the United States.
Companies offering laser trackers are continuously updating their product offerings to match the current demands, thus augmenting the country’s market. Additionally, ongoing mergers and acquisitions are also expected to have a positive impact on the market revenue.
Improvements in Laser Technology to Drive Europe Laser Trackers Industry
Attribute
Details
Country
The United Kingdom
Market Size (US$ million) by End of Forecast Period (2033)
US$ 33.2 million
CAGR % 2023 to End of Forecast (2033)
11.2%
The United Kingdom market in Europe is projected to be a key market. The United Kingdom laser trackers industry is projected to generate US$ 33.2 million by 2033. From 2023 to 2033, the market is anticipated to assume a CAGR of 11.2%. Increasing application of laser trackers in tool building and setup and reverse engineering is expected to propel market development.
Increasing advancements in laser trackers are also projected to have a positive influence over the forecast period. There have been improvements in the technology by integrating a rotating laser source with an autonomous tracking beam. With this enhancement, the system is expected to be empowered to offer information to the excavation machines. Consequently, simplifying and decreasing the construction charges.
Government Support to Fuel the Growth of the Laser Trackers Industry in Japan
Attribute
Details
Country
The United Kingdom
Market Size (US$ million) by End of Forecast Period (2033)
US$ 174.9 million
CAGR % 2023 to End of Forecast (2033)
11.3%
Japan’s laser trackers industry is expected to gain a market value of US$ 174.9 million by 2033. Throughout the forecast period, the market is expected to perceive a CAGR of 11.3%. The government of Japan is taking an active initiative in the robotics sector, which is expected to have a positive influence over the overall market. Additionally, laser trackers are increasingly employed in industries like defense and aerospace, energy and power, construction, etc.
Category-wise Insights
Aerospace and Defense Industry to Emerge as the Top Leading End-use Segment
Attribute
Details
Segment
Aerospace & Defense
CAGR % (2023 to 2033)
10.6%
CAGR % (2018 to 2023)
12.7%
The aerospace and defense industry is projected to be the top end-use segment in the upcoming years. Throughout the forecast period, the market is anticipated to expand at a CAGR of 10.6%. The segment is an early adopter of laser trackers and a significant user of laser trackers currently. Simple design, easy portability, and ability to achieve high precision of laser trackers is also a key driver for its growth in the aerospace and defense domain.
The segment growth can be ascribed to the surging awareness about the advantages of integrating laser trackers with the manufacturing processes. Some of the benefits include non-contact error mapping, real-time data acquisition, enhanced precision, etc.
Soaring Deployment in Manufacturing Industries to Augment Quality Control and Inspection Segment
Attribute
Details
Segment
Quality Control & Inspection
CAGR % (2023 to 2033)
10.8%
CAGR % (2018 to 2023)
12.8%
Based on application, quality control, and inspection is expected to attain the position of the leading segment by 2033. From 2023 to 2033, the market is projected to gain a CAGR of 10.8%, increasing from the 12.8% CAGR observed in the historical period.
Increasing demand for laser trackers in the manufacturing industry like aerospace and defense, and automotive, is projected to catalyze the segment growth. Manufacturers extensively employ laser trackers to check the quality of manufacturing processes that cater to customer requirements.
Manufacturers and their Tactics
Key players in the market are concentrating their efforts on panning out advanced laser trackers to drive enhanced outcomes. In addition to this, strategies like mergers and acquisitions, and partnerships are key strategies employed by the manufacturers to scale their revenue in the years to come.
Key Developments in the Laser Trackers Market:
In April 2022, InnovMetric launched PolyWorks, a smart 3D metrology digital ecosystem. The new launch provides new functionalities that prominently enlarge its three ecosystem foundations.
API Metrology united with Mitutoyo Corporation in May 2021 to provide API’s portable dimensional metrology, especially laser measurement, via Mitutoyo’s global network.
In June 2022, Hexagon unveiled the portable 3D laser tracker system, named Leica Absolute Tracker AT500 accompanied by B-Probe. The AT500 version offers enhanced performance for probing measurement and reflector. AT500 is a true ‘measure anywhere’ system owing to its versatility and portability. The product is backed by complete IP54-rated environmental protection, a new integrated controller design, and an extended operating temperature range.
In November 2020, FARO introduced a new Vantage Laser Tracker, namely 6DoF Probe. The product offers excellent portability and works well with FARO VantageE6 and VantageS6 laser trackers, by empowering users to inspect, build, and measure products quickly and with maximum precision.
Key Players in the Laser Trackers Market
Nikon Corporation
Keyence Corporation
SGS SA
FARO Technologies, Inc.
Hexagon AB
Leica Geosystems AG
Nikon Metrology, Inc.
Mitutoyo Corporation
Automated Precision, Inc.
Egismos Technology Corporation
Scope of the Report
Attribute
Details
Forecast Period
2023 to 2033
Historical Data Available for
2018 to 2022
Market Analysis
US$ million for Value
Key Regions Covered
North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa (MEA)
Key Countries Covered
The United States, Canada, Mexico, Germany, the United Kingdom, France, Italy, China, Japan, South Korea, Australia, Brazil, the Middle East, and Africa
Key Segments Covered
Application, End-use, and Region
Key Companies Profiled
Nikon Corporation
Keyence Corporation
SGS SA
FARO Technologies, Inc.
Hexagon AB
Leica Geosystems AG
Nikon Metrology, Inc.
Mitutoyo Corporation
Automated Precision, Inc.
Egismos Technology Corporation
Report Coverage
Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing
Available upon Request
Laser Trackers Market by Category
By Application:
Quality Control & Inspection
Alignment
Calibration
Reverse Engineering
By End-use:
Aerospace & Defense
Automotive
Energy & Power
Architecture & Construction
Others
By Region:
North America
Latin America
Europe
Asia Pacific
The Middle East and Africa
Frequently Asked Questions
How Big is the Laser Trackers Market?
The market is valued at US$ 302.8 million in 2023.
Is China a Good Place for Laser Trackers Market?
Yes, China has a large manufacturing base and a growing demand for precision manufacturing.
Which Industry is the Key Consumer of the Laser Trackers Market?
The aerospace and defense industry is the primary consumer of the laser trackers market.
How Big Will the Laser Trackers Market by 2033?
The market is estimated to reach US$ 891.4 million by 2033.
What is the market trend for the Laser Trackers?
The market trend for laser trackers is expected to grow at a CAGR of 11.4% by 2033.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033
5.3.1. Quality Control & Inspection
5.3.2. Alignment
5.3.3. Calibration
5.3.4. Reverse Engineering
5.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-Use
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End-Use, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End-Use, 2023 to 2033
6.3.1. Aerospace & Defense
6.3.2. Automotive
6.3.3. Energy & Power
6.3.4. Architecture & Construction
6.3.5. Others
6.4. Y-o-Y Growth Trend Analysis By End-Use, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By End-Use, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. The USA
8.2.1.2. Canada
8.2.2. By Application
8.2.3. By End-Use
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Application
8.3.3. By End-Use
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Application
9.2.3. By End-Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Application
9.3.3. By End-Use
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Application
10.2.3. By End-Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Application
10.3.3. By End-Use
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Application
11.2.3. By End-Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Application
11.3.3. By End-Use
11.4. Key Takeaways
12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Application
12.2.3. By End-Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Application
12.3.3. By End-Use
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. USA
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2022
13.1.2.1. By Application
13.1.2.2. By End-Use
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2022
13.2.2.1. By Application
13.2.2.2. By End-Use
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2022
13.3.2.1. By Application
13.3.2.2. By End-Use
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2022
13.4.2.1. By Application
13.4.2.2. By End-Use
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2022
13.5.2.1. By Application
13.5.2.2. By End-Use
13.6. United Kingdom
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2022
13.6.2.1. By Application
13.6.2.2. By End-Use
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2022
13.7.2.1. By Application
13.7.2.2. By End-Use
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2022
13.8.2.1. By Application
13.8.2.2. By End-Use
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2022
13.9.2.1. By Application
13.9.2.2. By End-Use
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2022
13.10.2.1. By Application
13.10.2.2. By End-Use
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2022
13.11.2.1. By Application
13.11.2.2. By End-Use
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2022
13.12.2.1. By Application
13.12.2.2. By End-Use
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2022
13.13.2.1. By Application
13.13.2.2. By End-Use
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2022
13.14.2.1. By Application
13.14.2.2. By End-Use
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2022
13.15.2.1. By Application
13.15.2.2. By End-Use
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2022
13.16.2.1. By Application
13.16.2.2. By End-Use
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2022
13.17.2.1. By Application
13.17.2.2. By End-Use
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2022
13.18.2.1. By Application
13.18.2.2. By End-Use
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2022
13.19.2.1. By Application
13.19.2.2. By End-Use
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2022
13.20.2.1. By Application
13.20.2.2. By End-Use
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Application
14.3.3. By End-Use
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Nikon Corporation
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Keyence Corporation
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. SGS SA
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. FARO Technologies, Inc.
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Hexagon AB
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Leica Geosystems AG
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Nikon Metrology, Inc.
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Mitutoyo Corporation
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Automated Precision, Inc.
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Egismos Technology Corporation
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
16. Assumptions & Acronyms Used17. Research Methodology
