Global 2D Optical Comparators Market, Forecast to 2020

Global 2D Optical Comparators Market, Forecast to 2020

Video Measurement Systems Changing the Landscape of Optical Comparators Market

RELEASE DATE
05-Jan-2017
REGION
Global
Research Code: 9AAD-00-17-00-00
SKU: TM00424-GL-MR_19279

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$1,500.00

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Description

Optical comparators are of the oldest systems that have been used for dimensional measurement of objects in a two-dimensional space. Since their invention in 1920, there has been little change in the principal of operation or the products themselves. Besides some cosmetic changes and a natural progression of the hardware to improve accuracy and enhance the ease of use, the market for optical comparators has not witnessed much change over the years.
The market dynamics changed in the 2008–2009 economic downturn, which altered the market significantly. While the optical comparators market experienced some turbulence, it bounced back very well from the impact of the economic downturn in 2010, as the demand from key markets such as APAC and North America increased due to reliability, flexibility, and ease of use. The market participants started investing in optical comparators, as they found this to be low priced and a good alternative measuring instrument.
While the market was witnessing good growth in NA and APAC regions, Europe witnessed a slow growth due the introduction of video measurement systems from Keyence IM-6000 in 2010, which the measurement companies preferred to the optical comparator systems. However, there seems to be an increase in competition from low-cost Chinese manufacturers that has led to the downward spiral in the average price in the market, which has affected the overall global revenue by 5%.

Table of Contents

Key Findings

Research Scope

Market Definitions

Market Overview

Market Overview—Porter’s Five Forces Analysis

Market Overview—Porter’s Five Forces Analysis (continued)

Market Drivers

Drivers Explained

Market Restraints

Restraints Explained

Market and Technology Trends

Unit Shipment and Revenue Forecast

Unit Shipment and Revenue Forecast Discussion

Pricing Trends

Pricing Trends Discussion

The Last Word—3 Big Predictions

Legal Disclaimer

The Frost & Sullivan Story

Value Proposition—Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Related Research
Optical comparators are of the oldest systems that have been used for dimensional measurement of objects in a two-dimensional space. Since their invention in 1920, there has been little change in the principal of operation or the products themselves. Besides some cosmetic changes and a natural progression of the hardware to improve accuracy and enhance the ease of use, the market for optical comparators has not witnessed much change over the years. The market dynamics changed in the 2008–2009 economic downturn, which altered the market significantly. While the optical comparators market experienced some turbulence, it bounced back very well from the impact of the economic downturn in 2010, as the demand from key markets such as APAC and North America increased due to reliability, flexibility, and ease of use. The market participants started investing in optical comparators, as they found this to be low priced and a good alternative measuring instrument. While the market was witnessing good growth in NA and APAC regions, Europe witnessed a slow growth due the introduction of video measurement systems from Keyence IM-6000 in 2010, which the measurement companies preferred to the optical comparator systems. However, there seems to be an increase in competition from low-cost Chinese manufacturers that has led to the downward spiral in the average price in the market, which has affected the overall global revenue by 5%.
More Information
No Index No
Podcast No
Author Nikhil Jain
Industries Test and Measurement Instrumentation
WIP Number 9AAD-00-17-00-00
Keyword 1 2D Optical Comparators
Keyword 2 Optical Comparators
Keyword 3 Porter’s Five Forces Analysis
Is Prebook No