Report Id: SNS/SEMI/2645 | July 2022 | Region: Global | 129 Pages
Report Scope & Overview:
Laser Interferometer Market Size was valued at USD 248 million in 2021, and expected to reach USD 400 million by 2028, and grow at a CAGR of 7.1% over the forecast period 2022-2028.
The Laser Interferometer is one of the most important measuring instruments used to bring accurate distance measurements between two real objects. In most interferometers, a laser from a single source is divided into two poles that run in different directions, which are then combined to produce interference. Laser interferometers are commonly used in machinery and in the production of ultraprecision precision, ultraprecision position control, and several non-contact optical sensing technologies.
Increased spending on R&D activities.
There is an increasing demand for 3D metrology services.
In the manufacturing industry, there is a growing emphasis on quality control through automation.
Adoption of the white light interferometry method.
Laser interferometer solutions have a high price sensitivity.
Emerging-market manufacturing industries are expanding.
Global demand for automobiles is increasing.
COVID-19's short-term impact on industrial applications.
Rinse in usage of rental and leasing services.
IMPACT OF COVID-19:
The emergence of COVID-19, a deadly respiratory disease that began in China, has become a global epidemic. The companies that produce the laser interferometer have had a huge impact as a result of covid 19 content. The epidemic has forced these companies to slow down or stop their production operations, which has an immediate impact on manufacturing in the industrial sector. As the COVID-19 disaster continues, many international companies supplying industrial products are facing a number of challenges, including loss of revenue and production cuts, due to disruptions in supply chain, rising cost of goods and production, and removal of workers. The impact of this epidemic on industrial performance will affect the growth of the laser interferometer market in the short term.
Based on Type, the Laser Interferometer market is segmented into Fabry-Perot Interferometer, Fizeau Interferometer, Mach-Zehnder Interferometer, Twyman-Green Interferometer, Sagnac Interferometer and Michelson Interferometer.
The Fizeau interferometer has been a major market segment and is expected to grow at a very high CAGR during the forecast period. This interferometer is widely used in operating environments, such as measuring optic components and equal measurements of flats and areas in various industries, which is expected to boost Fizeau's interferometer market during forecasting. It provides a comparative level of other optics. In Fizeau laser interferometer, the beam splitter separates the beam from the laser source. The synchronization mode on most Fizeau laser interferometer interferometers requires the user to center a bright dot with a cross on the view screen.
Based on End-User Industry, the Laser Interferometer market is segmented into Aerospace & Defense, Life Sciences, Automotive, Industrial, Electronics Manufacturing and Telecommunication. The automotive industry is expected to dominate the laser interferometer market at the time of forecasting. Rising automotive sales, due to high lost revenue and rising purchasing power in the world in various countries around the world, are expected to further boost the automotive market share in the laser interferometer market. Increased acceptance of optical interferometry for verification, high precision size measurements, and geometric tolerance have contributed significantly to the growth of the automotive component. The whole machine can be measured within hours and a complete performance test can be done in less than an hour using a laser interferometer. Items, including integrity, perpendicularity, strength, and vibration can also be measured using laser interferometers.
The key players in the Laser Interferometer industry are Renishaw, Keysight Technologies, Carl Zeiss, AMETEK, Mahr Inc, Tosei engineering, SmarAct, Luna Innovations Incorporated, 4D Technology Corporation, AdlOptica Optical Systems, Logitech Limited, Thorlabs, Automated Precision, Lasertex, Fujifilm Holdings Corporation and Other Key players.
BY END-USER INDUSTRY
Aerospace & Defense
Europe was calculated by the largest laser interferometer market. Rapid technological advancement and increased automation in the automotive and aerospace and defense industries in the region are key factors that are expected to further market growth in Europe. Manufacturers of laser interferometers rely on cutting-edge technology to keep the industry running smoothly. Germany and the UK are major contributors to the laser interferometer market in Europe. These countries have a large presence of end-user industries, such as automotive, biomedical, and aerospace and defense. In addition, the use of laser interferometers in water purification plants and the automotive industry is expected to boost the growth of the laser interferometer market in the region. Improving economic conditions, coupled with the growing demand for passenger vehicles, is expected to give impetus to the growth of the laser interferometer market in the region.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 248 Million|
|Market Size by 2028||US$ 400 Million|
|CAGR||CAGR of 7.1% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Sensor Type (Temperature Sensors, Vibration Sensors, Humidity Sensors, Proximity Sensors, Pressure Sensors, Vision Sensors, Others)
• By Application (Manufacturing, Automotive, Chemicals, Energy & Power, Food & Beverages, Oil & Gas, Aerospace And Defense, Pharmaceuticals, Automotive, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Renishaw, Keysight Technologies, Carl Zeiss, AMETEK, Mahr Inc, Tosei engineering, SmarAct, Luna Innovations Incorporated, 4D Technology Corporation, AdlOptica Optical Systems, Logitech Limited, Thorlabs, Automated Precision, Lasertex, Fujifilm Holdings Corporation and Other Key players.|
|Key Drivers||• Increased spending on R&D activities.
• There is an increasing demand for 3D metrology services.
|RESTRAINTS||• Adoption of the white light interferometry method.
• Laser interferometer solutions have a high price sensitivity.
Frequently Asked Questions (FAQ) :
The market value will be expected to reach USD 400 million by 2028, and grow at a CAGR of 7.1% over the forecast period 2022-2028.
The market has been segmented with respect to type, end-user industry and application.
The impact of the COVID-19 epidemic on industrial performance affected the growth of the laser interferometer market in the short term.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Laser Interferometer Segmentation, by type
8.2 Fabry-Perot Interferometer
8.3 Fizeau Interferometer
8.4 Mach-Zehnder Interferometer
8.5 Twyman-Green Interferometer
8.6 Sagnac Interferometer
8.7 Michelson Interferometer
9. Laser Interferometer Segmentation, by end-user industry
9.2 Aerospace & Defense
9.3 Life Sciences
9.6 Electronics Manufacturing
10. Laser Interferometer Segmentation, by application
10.2 Surface Topology
10.3 Applied Science
10.4 Semiconductor Detection
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12.1 Fujifilm Holdings Corporation
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.3 Keysight Technologies
12.4 Carl Zeiss
12.6 Mahr Inc
12.7 Tosei engineering
12.9 Luna Innovations Incorporated
12.10 4D Technology Corporation
12.11 AdlOptica Optical Systems
12.12 Logitech Limited
12.14 Automated Precision
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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