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PUBLISHER: KBV Research | PRODUCT CODE: 1126832

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PUBLISHER: KBV Research | PRODUCT CODE: 1126832

LAMEA Laser Tracker Market Size, Share & Industry Trends Analysis Report By Offering, By Application (Quality Control & Inspection, Alignment, Reverse Engineering, and Calibration), By Industry, By Country and Growth Forecast, 2022 - 2028

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The Latin America, Middle East and Africa Laser Tracker Market would witness market growth of 10.4% CAGR during the forecast period (2022-2028).

The laser tracker has a continuous measurement capability. As a result, information on crucial topics like thermal growth and shrinkage can be gathered while making the adjustment, and the laser tracker can safely follow moving machinery without the need for human intervention. The laser tracker can actually be operated by just one person because it is computer-controlled.

However, a two-man crew is typically much more time-effective for laser tracker projects. It is still more affordable than conventional metrology measuring tools, even with a two-man crew. The basis of laser tracker technology is the combination of two methods that is a distance metre for measuring absolute distance & angular encoders for measuring the mechanical axes of the laser tracker, which are azimuth and elevation (or zenith).

A retro-reflective target that is either held or mounted on the object to be measured receives a low-power laser beam from laser trackers. The target reflects light, which then enters the tracker at the same point it left from. When light enters the tracker again, the distance metre analyses it to determine how far away the retro-reflector is from the tracker. The laser tracker also takes into consideration Earth's level, which is an important factor in many calculations.

Dubai's economy is largely driven by the travel & tourism industry. Hotels, restaurants, MICE (meetings, incentives, conferences, and exhibitions), travel services, and destinations, as well as thematic tourism, are the main components of Dubai's tourism industry. International medical tourists can now book procedures and access a variety of tourism services, including direct contact with healthcare providers, scheduling appointments, hotels, transportation, and other leisure activities, due to the launch of medical tourism portals by the UAE.

The Brazil market dominated the LAMEA Laser Tracker Market by Country in 2021; thereby, achieving a market value of $15.8 million by 2028. The Argentina market is experiencing a CAGR of 11% during (2022 - 2028). Additionally, The UAE market is poised to witness a CAGR of 10.1% during (2022 - 2028).

Based on Offering, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into Quality Control & Inspection, Alignment, Reverse Engineering, and Calibration. Based on Industry, the market is segmented into Automotive, Aerospace & Defense, Energy & Power, General Manufacturing, Architecture & Construction, Transportation, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include FARO Technologies, Inc., 3D Systems Corporation, Hexagon AB, Automated Precision, Inc., Mitutoyo Corporation, InnovMetric Software, Inc., PLX, Inc., Chotest Technology, Inc., VMT GmbH (Herrenknecht AG group of companies) and Hubbs Machine & Manufacturing, Inc.

Scope of the Study

Market Segments covered in the Report:

By Offering

  • Hardware
  • Software
  • Services

By Application

  • Quality Control & Inspection
  • Alignment
  • Reverse Engineering
  • Calibration

By Industry

  • Automotive
  • Aerospace & Defense
  • Energy & Power
  • General Manufacturing
  • Architecture & Construction
  • Transportation
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

  • FARO Technologies, Inc.
  • 3D Systems Corporation
  • Hexagon AB
  • Automated Precision, Inc.
  • Mitutoyo Corporation
  • InnovMetric Software, Inc.
  • PLX, Inc.
  • Chotest Technology, Inc.
  • VMT GmbH (Herrenknecht AG group of companies)
  • Hubbs Machine & Manufacturing, Inc.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 LAMEA Laser Tracker Market, by Offering
    • 1.4.2 LAMEA Laser Tracker Market, by Application
    • 1.4.3 LAMEA Laser Tracker Market, by Industry
    • 1.4.4 LAMEA Laser Tracker Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market Overview

  • 2.1 Introduction
    • 2.1.1 Overview
      • 2.1.1.1 Market Composition & Scenario
  • 2.2 Key Factors Impacting the Market
    • 2.2.1 Market Drivers
    • 2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

  • 3.1 KBV Cardinal Matrix
  • 3.2 Recent Industry Wide Strategic Developments
    • 3.2.1 Partnerships, Collaborations and Agreements
    • 3.2.2 Product Launches and Product Expansions
    • 3.2.3 Acquisition and Mergers
  • 3.3 Top Winning Strategies
    • 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
    • 3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Apr - 2022, Aug) Leading Players

Chapter 4. LAMEA Laser Tracker Market by Offering

  • 4.1 LAMEA Hardware Market by Country
  • 4.2 LAMEA Software Market by Country
  • 4.3 LAMEA Services Market by Country

Chapter 5. LAMEA Laser Tracker Market by Application

  • 5.1 LAMEA Quality Control & Inspection Market by Country
  • 5.2 LAMEA Alignment Market by Country
  • 5.3 LAMEA Reverse Engineering Market by Country
  • 5.4 LAMEA Calibration Market by Country

Chapter 6. LAMEA Laser Tracker Market by Industry

  • 6.1 LAMEA Automotive Market by Country
  • 6.2 LAMEA Aerospace & Defense Market by Country
  • 6.3 LAMEA Energy & Power Market by Country
  • 6.4 LAMEA General Manufacturing Market by Country
  • 6.5 LAMEA Architecture & Construction Market by Country
  • 6.6 LAMEA Transportation Market by Country
  • 6.7 LAMEA Others Market by Country

Chapter 7. LAMEA Laser Tracker Market by Country

  • 7.1 Brazil Laser Tracker Market
    • 7.1.1 Brazil Laser Tracker Market by Offering
    • 7.1.2 Brazil Laser Tracker Market by Application
    • 7.1.3 Brazil Laser Tracker Market by Industry
  • 7.2 Argentina Laser Tracker Market
    • 7.2.1 Argentina Laser Tracker Market by Offering
    • 7.2.2 Argentina Laser Tracker Market by Application
    • 7.2.3 Argentina Laser Tracker Market by Industry
  • 7.3 UAE Laser Tracker Market
    • 7.3.1 UAE Laser Tracker Market by Offering
    • 7.3.2 UAE Laser Tracker Market by Application
    • 7.3.3 UAE Laser Tracker Market by Industry
  • 7.4 Saudi Arabia Laser Tracker Market
    • 7.4.1 Saudi Arabia Laser Tracker Market by Offering
    • 7.4.2 Saudi Arabia Laser Tracker Market by Application
    • 7.4.3 Saudi Arabia Laser Tracker Market by Industry
  • 7.5 South Africa Laser Tracker Market
    • 7.5.1 South Africa Laser Tracker Market by Offering
    • 7.5.2 South Africa Laser Tracker Market by Application
    • 7.5.3 South Africa Laser Tracker Market by Industry
  • 7.6 Nigeria Laser Tracker Market
    • 7.6.1 Nigeria Laser Tracker Market by Offering
    • 7.6.2 Nigeria Laser Tracker Market by Application
    • 7.6.3 Nigeria Laser Tracker Market by Industry
  • 7.7 Rest of LAMEA Laser Tracker Market
    • 7.7.1 Rest of LAMEA Laser Tracker Market by Offering
    • 7.7.2 Rest of LAMEA Laser Tracker Market by Application
    • 7.7.3 Rest of LAMEA Laser Tracker Market by Industry

Chapter 8. Company Profiles

  • 8.1 FARO Technologies, Inc.
    • 8.1.1 Company Overview
    • 8.1.2 Financial Analysis
    • 8.1.3 Regional Analysis
    • 8.1.4 Research & Development Expense
    • 8.1.5 Recent strategies and developments:
      • 8.1.5.1 Product Launches and Product Expansions:
      • 8.1.5.2 Acquisition and Mergers:
    • 8.1.6 SWOT Analysis
  • 8.2 3D Systems Corporation
    • 8.2.1 Company Overview
    • 8.2.2 Financial Analysis
    • 8.2.3 Segmental and Regional Analysis
    • 8.2.4 Research & Development Expense
    • 8.2.5 Recent strategies and developments:
      • 8.2.5.1 Partnerships, Collaborations, and Agreements:
    • 8.2.6 SWOT Analysis
  • 8.3 Hexagon AB
    • 8.3.1 Company Overview
    • 8.3.2 Financial Analysis
    • 8.3.3 Regional & Segmental Analysis
    • 8.3.4 Research & Development Expenses
    • 8.3.5 Recent strategies and developments:
      • 8.3.5.1 Partnerships, Collaborations, and Agreements:
      • 8.3.5.2 Product Launches and Product Expansions:
      • 8.3.5.3 Acquisition and Mergers:
  • 8.4 Automated Precision, Inc.
    • 8.4.1 Company Overview
    • 8.4.2 Recent strategies and developments:
      • 8.4.2.1 Partnerships, Collaborations, and Agreement:
      • 8.4.2.2 Product Launches and Product Expansions:
  • 8.5 Mitutoyo Corporation
    • 8.5.1 Company Overview
    • 8.5.2 Recent strategies and developments:
      • 8.5.2.1 Partnerships, Collaborations, and Agreements:
      • 8.5.2.2 Product Launches and Product Expansions:
  • 8.6 InnovMetric Software, Inc.
    • 8.6.1 Company Overview
    • 8.6.2 Recent strategies and developments:
      • 8.6.2.1 Product Launches and Product Expansions:
  • 8.7 PLX, Inc.
    • 8.7.1 Company Overview
    • 8.7.2 Recent strategies and developments:
      • 8.7.2.1 Acquisition and Mergers:
  • 8.8 Chotest Technology, Inc.
    • 8.8.1 Company Overview
  • 8.9 VMT GmbH (Herrenknecht AG group of companies)
    • 8.9.1 Company Overview
  • 8.10. Hubbs Machine & Manufacturing, Inc.
    • 8.10.1 Company Overview

LIST OF TABLES

  • TABLE 1 LAMEA Laser Tracker Market, 2018 - 2021, USD Million
  • TABLE 2 LAMEA Laser Tracker Market, 2022 - 2028, USD Million
  • TABLE 3 Partnerships, Collaborations and Agreements- Laser Tracker Market
  • TABLE 4 Product Launches And Product Expansions- Laser Tracker Market
  • TABLE 5 Acquisition and Mergers- Laser Tracker Market
  • TABLE 6 LAMEA Laser Tracker Market by Offering, 2018 - 2021, USD Million
  • TABLE 7 LAMEA Laser Tracker Market by Offering, 2022 - 2028, USD Million
  • TABLE 8 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
  • TABLE 9 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
  • TABLE 10 LAMEA Software Market by Country, 2018 - 2021, USD Million
  • TABLE 11 LAMEA Software Market by Country, 2022 - 2028, USD Million
  • TABLE 12 LAMEA Services Market by Country, 2018 - 2021, USD Million
  • TABLE 13 LAMEA Services Market by Country, 2022 - 2028, USD Million
  • TABLE 14 LAMEA Laser Tracker Market by Application, 2018 - 2021, USD Million
  • TABLE 15 LAMEA Laser Tracker Market by Application, 2022 - 2028, USD Million
  • TABLE 16 LAMEA Quality Control & Inspection Market by Country, 2018 - 2021, USD Million
  • TABLE 17 LAMEA Quality Control & Inspection Market by Country, 2022 - 2028, USD Million
  • TABLE 18 LAMEA Alignment Market by Country, 2018 - 2021, USD Million
  • TABLE 19 LAMEA Alignment Market by Country, 2022 - 2028, USD Million
  • TABLE 20 LAMEA Reverse Engineering Market by Country, 2018 - 2021, USD Million
  • TABLE 21 LAMEA Reverse Engineering Market by Country, 2022 - 2028, USD Million
  • TABLE 22 LAMEA Calibration Market by Country, 2018 - 2021, USD Million
  • TABLE 23 LAMEA Calibration Market by Country, 2022 - 2028, USD Million
  • TABLE 24 LAMEA Laser Tracker Market by Industry, 2018 - 2021, USD Million
  • TABLE 25 LAMEA Laser Tracker Market by Industry, 2022 - 2028, USD Million
  • TABLE 26 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
  • TABLE 27 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
  • TABLE 28 LAMEA Aerospace & Defense Market by Country, 2018 - 2021, USD Million
  • TABLE 29 LAMEA Aerospace & Defense Market by Country, 2022 - 2028, USD Million
  • TABLE 30 LAMEA Energy & Power Market by Country, 2018 - 2021, USD Million
  • TABLE 31 LAMEA Energy & Power Market by Country, 2022 - 2028, USD Million
  • TABLE 32 LAMEA General Manufacturing Market by Country, 2018 - 2021, USD Million
  • TABLE 33 LAMEA General Manufacturing Market by Country, 2022 - 2028, USD Million
  • TABLE 34 LAMEA Architecture & Construction Market by Country, 2018 - 2021, USD Million
  • TABLE 35 LAMEA Architecture & Construction Market by Country, 2022 - 2028, USD Million
  • TABLE 36 LAMEA Transportation Market by Country, 2018 - 2021, USD Million
  • TABLE 37 LAMEA Transportation Market by Country, 2022 - 2028, USD Million
  • TABLE 38 LAMEA Others Market by Country, 2018 - 2021, USD Million
  • TABLE 39 LAMEA Others Market by Country, 2022 - 2028, USD Million
  • TABLE 40 LAMEA Laser Tracker Market by Country, 2018 - 2021, USD Million
  • TABLE 41 LAMEA Laser Tracker Market by Country, 2022 - 2028, USD Million
  • TABLE 42 Brazil Laser Tracker Market, 2018 - 2021, USD Million
  • TABLE 43 Brazil Laser Tracker Market, 2022 - 2028, USD Million
  • TABLE 44 Brazil Laser Tracker Market by Offering, 2018 - 2021, USD Million
  • TABLE 45 Brazil Laser Tracker Market by Offering, 2022 - 2028, USD Million
  • TABLE 46 Brazil Laser Tracker Market by Application, 2018 - 2021, USD Million
  • TABLE 47 Brazil Laser Tracker Market by Application, 2022 - 2028, USD Million
  • TABLE 48 Brazil Laser Tracker Market by Industry, 2018 - 2021, USD Million
  • TABLE 49 Brazil Laser Tracker Market by Industry, 2022 - 2028, USD Million
  • TABLE 50 Argentina Laser Tracker Market, 2018 - 2021, USD Million
  • TABLE 51 Argentina Laser Tracker Market, 2022 - 2028, USD Million
  • TABLE 52 Argentina Laser Tracker Market by Offering, 2018 - 2021, USD Million
  • TABLE 53 Argentina Laser Tracker Market by Offering, 2022 - 2028, USD Million
  • TABLE 54 Argentina Laser Tracker Market by Application, 2018 - 2021, USD Million
  • TABLE 55 Argentina Laser Tracker Market by Application, 2022 - 2028, USD Million
  • TABLE 56 Argentina Laser Tracker Market by Industry, 2018 - 2021, USD Million
  • TABLE 57 Argentina Laser Tracker Market by Industry, 2022 - 2028, USD Million
  • TABLE 58 UAE Laser Tracker Market, 2018 - 2021, USD Million
  • TABLE 59 UAE Laser Tracker Market, 2022 - 2028, USD Million
  • TABLE 60 UAE Laser Tracker Market by Offering, 2018 - 2021, USD Million
  • TABLE 61 UAE Laser Tracker Market by Offering, 2022 - 2028, USD Million
  • TABLE 62 UAE Laser Tracker Market by Application, 2018 - 2021, USD Million
  • TABLE 63 UAE Laser Tracker Market by Application, 2022 - 2028, USD Million
  • TABLE 64 UAE Laser Tracker Market by Industry, 2018 - 2021, USD Million
  • TABLE 65 UAE Laser Tracker Market by Industry, 2022 - 2028, USD Million
  • TABLE 66 Saudi Arabia Laser Tracker Market, 2018 - 2021, USD Million
  • TABLE 67 Saudi Arabia Laser Tracker Market, 2022 - 2028, USD Million
  • TABLE 68 Saudi Arabia Laser Tracker Market by Offering, 2018 - 2021, USD Million
  • TABLE 69 Saudi Arabia Laser Tracker Market by Offering, 2022 - 2028, USD Million
  • TABLE 70 Saudi Arabia Laser Tracker Market by Application, 2018 - 2021, USD Million
  • TABLE 71 Saudi Arabia Laser Tracker Market by Application, 2022 - 2028, USD Million
  • TABLE 72 Saudi Arabia Laser Tracker Market by Industry, 2018 - 2021, USD Million
  • TABLE 73 Saudi Arabia Laser Tracker Market by Industry, 2022 - 2028, USD Million
  • TABLE 74 South Africa Laser Tracker Market, 2018 - 2021, USD Million
  • TABLE 75 South Africa Laser Tracker Market, 2022 - 2028, USD Million
  • TABLE 76 South Africa Laser Tracker Market by Offering, 2018 - 2021, USD Million
  • TABLE 77 South Africa Laser Tracker Market by Offering, 2022 - 2028, USD Million
  • TABLE 78 South Africa Laser Tracker Market by Application, 2018 - 2021, USD Million
  • TABLE 79 South Africa Laser Tracker Market by Application, 2022 - 2028, USD Million
  • TABLE 80 South Africa Laser Tracker Market by Industry, 2018 - 2021, USD Million
  • TABLE 81 South Africa Laser Tracker Market by Industry, 2022 - 2028, USD Million
  • TABLE 82 Nigeria Laser Tracker Market, 2018 - 2021, USD Million
  • TABLE 83 Nigeria Laser Tracker Market, 2022 - 2028, USD Million
  • TABLE 84 Nigeria Laser Tracker Market by Offering, 2018 - 2021, USD Million
  • TABLE 85 Nigeria Laser Tracker Market by Offering, 2022 - 2028, USD Million
  • TABLE 86 Nigeria Laser Tracker Market by Application, 2018 - 2021, USD Million
  • TABLE 87 Nigeria Laser Tracker Market by Application, 2022 - 2028, USD Million
  • TABLE 88 Nigeria Laser Tracker Market by Industry, 2018 - 2021, USD Million
  • TABLE 89 Nigeria Laser Tracker Market by Industry, 2022 - 2028, USD Million
  • TABLE 90 Rest of LAMEA Laser Tracker Market, 2018 - 2021, USD Million
  • TABLE 91 Rest of LAMEA Laser Tracker Market, 2022 - 2028, USD Million
  • TABLE 92 Rest of LAMEA Laser Tracker Market by Offering, 2018 - 2021, USD Million
  • TABLE 93 Rest of LAMEA Laser Tracker Market by Offering, 2022 - 2028, USD Million
  • TABLE 94 Rest of LAMEA Laser Tracker Market by Application, 2018 - 2021, USD Million
  • TABLE 95 Rest of LAMEA Laser Tracker Market by Application, 2022 - 2028, USD Million
  • TABLE 96 Rest of LAMEA Laser Tracker Market by Industry, 2018 - 2021, USD Million
  • TABLE 97 Rest of LAMEA Laser Tracker Market by Industry, 2022 - 2028, USD Million
  • TABLE 98 Key Information - FARO Technologies, Inc.
  • TABLE 99 Key Information - 3D Systems Corporation
  • TABLE 100 Key information - Hexagon AB
  • TABLE 101 Key Information - Automated Precision, Inc.
  • TABLE 102 Key Information - mitutoyo Corporation
  • TABLE 103 Key Information - InnovMetric Software, Inc.
  • TABLE 104 Key Information - PLX, Inc.
  • TABLE 105 Key Information - Chotest Technology, Inc.
  • TABLE 106 Key Information - VMT GmbH
  • TABLE 107 Key information - Hubbs Machine & Manufacturing, Inc.

List of Figures

  • FIG 1 Methodology for the research
  • FIG 2 KBV Cardinal Matrix
  • FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
  • FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Apr - 2022, Aug) Leading Players
  • FIG 5 Recent strategies and developments: FARO Technologies, Inc.
  • FIG 6 SWOT Analysis: FARO Technologies, Inc.
  • FIG 7 SWOT Analysis: 3D Systems Corporation
  • FIG 8 Recent strategies and developments: Hexagon AB
  • FIG 9 Recent strategies and developments: Automated Precision, Inc.
  • FIG 10 Recent strategies and developments: Mitutoyo Corporation
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