The global market for profilometers is expected to reach $1.1 billion by 2030, according to a recent report titled “Profilometers: Global Strategic Business Report.” The report, released by ResearchAndMarkets.com, provides an in-depth analysis of the market and its growth potential over the next decade.
In 2022, the market for profilometers was estimated to be worth $826.8 million. However, it is projected to grow at a compound annual growth rate (CAGR) of 3.9% and reach $1.1 billion by 2030. This growth is attributed to various factors, including the increasing demand for profilometers in sectors such as contact and non-contact applications.
The report highlights that the contact segment is expected to record a CAGR of 3.5% and reach $622.8 million by the end of the analysis period. On the other hand, the non-contact segment is projected to have a higher CAGR of 4.5% for the next eight years.
The United States is currently the largest market for profilometers, with an estimated value of $225.2 million in 2022. However, China is forecasted to experience significant growth in this market, with a CAGR of 6.5% and a projected market size of $230.5 million by 2030. Other noteworthy geographic markets include Japan and Canada, which are expected to grow at rates of 2.1% and 3.3% respectively. Germany is predicted to have a CAGR of approximately 2.6% within Europe.
The market scope of profilometers encompasses various geographic regions and product categories. The report analyzes the market dynamics and potential opportunities in regions such as the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The market segments include 2D, 3D, and other applications, with historical data from 2014 through 2021 providing valuable insights into past market dynamics.
Furthermore, the report examines different types of profilometer applications, such as contact, non-contact, contact or pseudo, optical, semiconductors, mechanical, and automotive. These applications contribute to the diversity and depth of the profilometers market analysis.
The report also discusses market trends, including influencer market insights, world market trajectories, and the impact of COVID-19 and a potential global recession. It provides information on key competitors and their percentage market shares, as well as their market presence in terms of strong, active, niche, or trivial.
Key features of the report include special coverage on current events such as the Russia-Ukraine war, global inflation, China’s easing of the zero-COVID policy, global trade tensions, and the risk of recession. The report also offers online interactive updates, access to digital archives, and one year of complimentary updates.
The report identifies several key competitors in the profilometers market, including Alicona Imaging GmbH, AMETEK Inc., Bruker Corporation, Jenoptik AG, KLA-Tencor, Mitutoyo America Corporation, Schaefer Technologie GmbH, Sensofar Group, Solarius Development Inc., Teraspyora-Steelwheel Oy, The L.S. Starrett Company, Tokyo Seimitsu Co. Ltd., and Zygo Corporation.
In summary, the “Profilometers: Global Strategic Business Report” provides comprehensive analysis of the global market for profilometers, highlighting its growth potential and market trends. It offers valuable insights for industry players, investors, and stakeholders interested in understanding the dynamics of this market.