Global Laser Tracker Market Growth 2023-2029

Global Laser Tracker Market Growth 2023-2029

Laser tracking uses laser to illuminate the moving target. According to the deviation Angle between the laser signal reflected from the target and the optical axis of the measuring system, the technology of controlling the measurement system to point to the target direction is adopted.

LPI (LP Information)' newest research report, the “Laser Tracker Industry Forecast” looks at past sales and reviews total world Laser Tracker sales in 2022, providing a comprehensive analysis by region and market sector of projected Laser Tracker sales for 2023 through 2029. With Laser Tracker sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laser Tracker industry.

This Insight Report provides a comprehensive analysis of the global Laser Tracker landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laser Tracker portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laser Tracker market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laser Tracker and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laser Tracker.

The global Laser Tracker market size is projected to grow from US$ 276.2 million in 2022 to US$ 454.3 million in 2029; it is expected to grow at a CAGR of 454.3 from 2023 to 2029.

In 2017, Europe held the largest market share. Europe is among the world's largest producers of motor vehicles, and the automotive industry represents the largest private investor in R&D.

This report presents a comprehensive overview, market shares, and growth opportunities of Laser Tracker market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Hardware Devices
Software
Service
Other

Segmentation by application
Automotive
Aerospace & Defense
General Manufacturing
Energy & Power

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HEXAGON
FARO
API
SGS
VMT
ON-TRAK PHOTONICS
VARIATION REDUCTION SOLUTIONS
BRUNSON
HUBBS
PLX
VERISURF
OASIS ALIGNMENT SERVICES

Key Questions Addressed in this Report

What is the 10-year outlook for the global Laser Tracker market?

What factors are driving Laser Tracker market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Laser Tracker market opportunities vary by end market size?

How does Laser Tracker break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.