SFG Measurement System Report: Trends, Forecast and Competitive Analysis

SFG Measurement System Trends and Forecast

The future of the global SFG measurement system market looks promising with opportunities in the automotive, aerospace & defense, optics & metal bearing, medical & pharmaceuticals, and energy & power markets. The global SFG measurement system market is expected to reach an estimated $1,248.5 million by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are high demand for optical 3D measuring systems for use in mechanical engineering applications, and demand for SFG measurements is considerably high for surface recognition and shaping equipment.

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SFG Measurement System by Segment

The study includes a forecast for the global SFG measurement system by type, material, end use industry, and region

SFG Measurement System Market by System Type [Shipment Analysis by Value from 2018 to 2030]:

• Traditional Stylus-based Surface Finish Measuring Systems
• Roundness/Form Measurement Systems
• 2D Contour Measuring System
• 3D Measurement Systems
• Others

SFG Measurement System Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Aerospace & Defense
• Optics & Metal Bearing
• Medical & Pharmaceuticals
• Energy & Power
• Others

SFG Measurement System Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of SFG Measurement System Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies SFG measurement system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the SFG measurement system companies profiled in this report include-

• Mahr
• Carl Zeiss
• Extech
• Hexagon
• Jenoptik
• Keyence
• Mitutoyo
• Starrett
• Taylor Hobson
• Tokyo Seimitsu

SFG Measurement System Market Insights

Lucintel forecast that roundness/form measurement systemsis expected to witness highest growth over the forecast period

Within this market, automotive will remain the largest segment

Europe is expected to witness highest growth over the forecast period

Features of the Global SFG Measurement System Market

Market Size Estimates: SFG measurement system market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: SFG measurement system market size by system type, end use industry, and region in terms of value ($M).

Regional Analysis: SFG measurement system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different system type and end use industry SFG measurement system market

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the SFG measurement system market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the SFG measurement system market size?

Answer: The global SFG measurement system market is expected to reach an estimated $1,248.5 million by 2030.

Q.2 What is the growth forecast for SFG Measurement System Market?

Answer: The global SFG measurement system market is expected to grow with a cagr of 6.0% from 2024 to 2030

Q.3 What are the major drivers influencing the growth of the SFG measurement system market?

Answer:The major drivers for this market are high demand for optical 3D measuring systems for use in mechanical engineering applications, and demand for SFG measurements is considerably high for surface recognition and shaping equipment.

Q4. What are the major segments for SFG measurement system market?

Answer: The future of the SFG measurement system market looks promising with opportunities in the automotive, aerospace & defense, optics & metal bearing, medical & pharmaceuticals, and energy & power markets.

Q5. Who are the key SFG measurement system market companies?

Answer: Some of the key SFG measurement system companies are as follows:

• Mahr
• Carl Zeiss
• EXTECH
• Hexagon
• JENOPTIK
• KEYENCE
• Mitutoyo
• Starrett
• Taylor Hobson
• TOKYO SEIMITSU

Q6. Which SFG Measurement System Market segment will be the largest in future?

Answer: Lucintel forecast that roundness/form measurement systemsis expected to witness highest growth over the forecast period.

Q7. In SFG Measurement System Market, which region is expected to be the largest in next 5 years?

Answer: North Ameria is expected to witness highest growth over the forecast period

Q.8 Do we receive customization in this report?

Answer: Yes, lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the SFG measurement system market by system type (traditional stylus-based surface finish measuring systems, roundness/form measurement systems, 2D contour measuring system, 3D measurement systems, and others), end use industry (automotive, aerospace & defense, optics & metal bearing, medical & pharmaceuticals, energy & power, others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?