ASEAN Video Measuring System Market - Industry Trends and Forecast to 2031
ASEAN video measuring system market is expected to reach USD 109,925.15 thousand by 2031 from USD 68,458.75 thousand in 2023, growing at a CAGR of 6.1% during the forecast period of 2024 to 2031.
Market SegmentationASEAN Video Measuring System Market, Component (Hardware and Software), Product Type (Manual Video Measuring System, Automated/CNC Video Measuring System, and Semi Automated Video Measuring System), Type (2D, 3D, and 2.5D), Sample Weight (More than 40 Kgs, 21 Kgs-40 Kgs, and Up to 20Kgs), Power Source (More than 120 V and Upto 120 V), Portability (Desktop and Portable), Magnification (More than 20X, 10X-20X, 3X-10X, and Less than 3X), Microscopy Technique (Confocal Optics and Brightfield Optics), Application (Product Quality Control, Certification & Inspection, Dimensional Measurement, Reverse Engineering, and Others), Vertical (Electronics, Automotive, Aerospace and Defence, Heavy Machinery Industry, Medical, Energy and Power, and Others) Countries (India, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, and Rest of ASEAN) - Industry Trends and Forecast to 2031
Overview of ASEAN Video Measuring System Market Dynamics
Driver• Increasing adoption of video measuring systems in various industries
Restrain• High initial cost and maintenance expenses of video measuring systems
Opportunity• Emergence of new applications and sectors that can benefit from video measuring systems
Market PlayersSome of the major market players operating in the ASEAN video measuring system market are:• Mitutoyo Corporation
• Zeiss Group
• QES GROUP BERHAD
• Nikon Corporation
• Sipcon
• ACCU-TECH MEASUREMENT SYSTEMS
• Hexagon AB
• KEYENCE CORPORATION
• Amtek Inc. (Parent Corporation of Zygo Corporation)
• Wenzel Group
• Dynascan Inspection Systems Company
• Quality Vision International
• Radical Scientific Equipments Pvt. Ltd.
• Vision Engineering Ltd
• Sinowon Innovation Metrology Manufacture Limited
• Rational Precision Instrument
• Banbros Engineering Pvt. Ltd.
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