PUBLISHER: The Business Research Company | PRODUCT CODE: 1695251
PUBLISHER: The Business Research Company | PRODUCT CODE: 1695251
A video measuring system, also known as a video measurement system, belongs to the realm of metrology, employing video cameras and computer-based image processing to accurately measure the dimensions and features of objects. These systems find extensive application in manufacturing and quality control processes, ensuring adherence to specified dimensional tolerances and quality standards.
The primary product categories within video measuring systems include manual and automated variants. Manual video measuring systems utilize video technology to capture and analyze object images for dimensional measurement and inspection purposes. They are further categorized into hardware, software, and services tailored for various applications, including automotive, aerospace, defense, heavy machinery, energy and power, electronics, medical, and more.
The video measuring system research report is one of a series of new reports from The Business Research Company that provides video measuring system market statistics, including the video measuring system industry's global market size, regional shares, competitors with an Video measuring system market share, detailed video measuring system market segments, market trends and opportunities, and any further data you may need to thrive in the video measuring system industry. This video measuring system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The video measuring system market size has grown rapidly in recent years. It will grow from $7.2 billion in 2024 to $8.18 billion in 2025 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to increasing adoption of precise measurement, increased quality assurance demands, globalization of manufacturing, diverse industry applications, diverse industry applications.
The video measuring system market size is expected to see rapid growth in the next few years. It will grow to $12.77 billion in 2029 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to industry 4.0 and smart manufacturing, automation and integration, improved software capabilities, environmental adaptability, increasing complexity of components, growing focus on non-contact measurement. Major trends in the forecast period include advancements in camera technology, integration of artificial intelligence, 3D measurement, improved calibration techniques, customization for specific industries.
The anticipated rise in the adoption of smart manufacturing is poised to drive the growth of the video measuring system market in the future. Smart manufacturing encompasses manufacturing practices leveraging computer-integrated processes, high adaptability, rapid design alterations, digital information technology, and flexible technical workforce training. Video measuring systems play a pivotal role in smart manufacturing by offering precise and automated non-contact measurements essential for quality control and production precision. For instance, as per a survey conducted by Rockwell Automation, Inc. in May 2022, involving 321 manufacturers, there was a notable 50% year-over-year growth in the adoption of smart factory technologies. Additionally, 74% of respondents either currently utilize or plan to integrate artificial intelligence into their manufacturing processes, while 83% of manufacturing professionals intend to modernize their operations into smart factories. Thus, the increasing embrace of smart manufacturing practices is propelling the video measuring system market forward.
Leading companies in the video measuring system market are dedicated to innovating their product offerings with advanced technological solutions, particularly optical analysis and measurement systems, to fortify their market presence. Optical analysis and measurement systems encompass instruments employing optics to measure and analyze various light properties, including wavelength, intensity, and polarization state. For instance, in March 2023, QATM, a Germany-based company specializing in materialography and hardness testing, introduced the Qeye 800. This cutting-edge optical analysis and measurement system are specifically designed for precise examination and measurement of specimens, with a particular emphasis on standardized weld seam measurement and inspection. Equipped with essential measurement tools such as A dimension, depth burn-in, evaluation limits, and a standard-compliant inspection report, the Qeye 800 seamlessly integrates into the user-friendly Qpix Control2 software for efficient utilization.
In December 2022, FARO Technologies, Inc., a measurement equipment provider headquartered in the United States, acquired SiteScape for an undisclosed sum. This acquisition is expected to bolster FARO's portfolio of reality capture solutions, particularly enhancing capabilities in 3D metrology, architecture, engineering, construction (AEC), operations and maintenance (O&M), and public safety analytics. SiteScape, based in the US, specializes in providing LiDAR 3D scanning and measurement software solutions.
Major companies operating in the video measuring system market report are Carl Zeiss AG, Keyence Corporation, Hexagon AB, Nikon Corporation, Advantest Corporation, Trimble Inc., Leica Geosystems AG, Cognex Corporation, Renishaw plc, Mitutoyo Corporation, 3D Systems Corporation, FARO Technologies Inc., GOM GmbH, E. Zoller GmbH & Co. KG, Accu-Tech Measurement System Ltd., Creaform Inc., Perceptron Inc., LMI Technologies Inc., Wenzel Group GmbH & Co. KG, Sipcon Instrument Industries, Vision Engineering Ltd., Zygo Corporation, Carmar Accuracy Co. Ltd., OCTUM GmbH, Dongguan Yihui Optoelectronics Technology Co. Ltd.
Asia-Pacific was the largest region in the video measuring system market in 2024. The regions covered in the video measuring system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the video measuring system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The video measuring system market consists of revenues earned by entities by providing services such as calibration, installation and setup, training, consultation, customization, maintenance and support, and quality control services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The video measuring system market also includes sales of camera systems, optics and lenses, and automatic video measuring machines. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Video Measuring System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on video measuring system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for video measuring system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The video measuring system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.