PUBLISHER: Allied Market Research | PRODUCT CODE: 1193212
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193212
The global laser interferometer market was valued at $245.9 billion in 2021 and is projected to reach $468.3 billion by 2031, registering a CAGR of 6.82% from 2022 to 2031. A laser interferometer is enhanced measuring equipment intended to use AC laser as the light source and thus it enables the measurement to be made over longer distances.
The growth of the global laser interferometer market is majorly driven by the rise in government initiatives for digitalization paired with the rising adoption of touch-based display solutions. Further, an increase in demand for consumer electronics applications is anticipated to drive the growth of the laser interferometer market. However, the short supply of indium tin oxide paired with a lack of availability of skilled workforce acts as a prime restraint of the global market. On the contrary, the surge in industrial applications of touch-based panels and equipment is anticipated to provide lucrative opportunities for the laser interferometer industry during the forecast period.
The global laser interferometer market is segmented on the basis of type, application, and end-user industry. On the basis of type, the market is bifurcated into homodyne and heterodyne. On the basis of application, the market is divided into surface topology, applied science, biomedical, and semiconductor detection. By end-user industry, the market is classified into automotive, aerospace and defense, industrial, life sciences, electronics manufacturing, and telecommunication.
Region-wise, the laser interferometer market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Europe, specifically Germany, remains a significant participant in the global laser interferometer industry. Major organizations and government institutions in the country are intensely putting resources into the technology to develop and deploy next-generation laser interferometer solutions.
The key players that operate in the market include Zeiss Group, SIOS MeBtechnik GmbH, Renishaw PLC, Keysight Technologies, AMETEK, Inc., Mahr Inc., TOSEI Engineering Corp, QED technologies, MOLLER-WEDEL optical GmbH, SmarAct GmbH, Luna Innovations Incorporated, APRE Instruments, 4D Technology Corp., TRIOPTICS GmbH, AdlOptica Optical Systems GmbH, Logitech limited, Holmarc Opto-Mechatronics Ltd., and HighFinesse Laser and Electronics Systems GmbH.
Key Benefits For Stakeholders
By Application
By Type
By End-User Industry
By Region