KEYENCE CORPORATION and ADVANTEST CORPORATION are Dominating the Market for Global Video Measuring System Market in 2017 (2)

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Global Video Measuring System Market
Global Video Measuring System Market accounted to
reach   USD 839.41 million by 2025. The market is
growing at a CAGR of 8.1 in the forecast period
2018 to 2025.

• Global Video Measuring System Market is expected
  to reach USD 839.41 Million by 2025 from USD
  453.54 Million in 2017, at a CAGR of 8.1 in the
  forecast period 2018 to 2025.
• The new market report contains data for historic
  years 2016, the base year of calculation is 2017
  and the forecast period is 2018 to 2025.

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Report Description

• The global video measuring system market is
  highly concentrated to a few big players and rest
  to local players who cater to domestic markets
  only. KEYENCE CORPORATION dominates video
  measuring system market, accounting for the
  highest market share in 2017, followed by
  ADVANTEST CORPORATION and FARO Technologies, Inc.
  
• Other players in this market include Nikon
  Corporation ZEISS International, HEXAGON, ZYGO,
  Mitutoyo America Corporation, Vision Engineering
  Ltd, Perceptron, Inc., CREAFORM, Renishaw plc,
  among others holds 8.4 of the global video
  measuring system market in 2017.

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Key Drivers

• High cost of video measuring related technologies
  are the factors which may hinder the growth of
  this market.
• Advent of smart factories, investment
  opportunities for video measuring in markets will
  drive the market in future.

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Market Segmentation

• The global video measuring system market is
  segmented based on offering into three notable
  segments hardware, software and services.
  hardware segment is likely to dominate market
  with 57.2 shares and is estimated to reach USD
  477.33 million by 2025. It is growing at a CAGR
  of 8.0 in the forecast period.
• The global video measuring system market is
  segmented based on product type into three
  notable segments manual video measuring system,
  automated video measuring system and
  semi-automated video measuring system. In 2017,
  manual video measuring system segment is likely
  to dominate market with 57.3 shares and is
  estimated to reach USD 469.87 million by 2025. It
  is growing at a CAGR of 7.8 in the forecast
  period.

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Key Points

• The Laser segment is dominating the global
  dermatology treatment devices market.
• The Lasers segment is expected to grow with the
  highest CAGR of 11.8 in the forecast period 2018
  to 2025.

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