Laser Interferometer Market

Laser Interferometer Market by Interferometer Type (Michelson, Fabry-Perot, Fizeau, and Twyman-Green), Type, Application (Surface Topology, Engineering, and Science), End-User Industry, and Geography (2021-2026)

Report Code: SE 7748 Nov, 2021, by marketsandmarkets.com

[238 Pages Report] The global laser interferometer market is expected to grow from USD 245 million in 2021 to USD 335 million by 2026, at a CAGR of 6.5%.

Laser Interferometer interferometer is one of the most important measuring tools used to deliver precise measurements of the distance between two real-life objects. In most interferometers, a laser from a single source is split into two beams that travel in different optical paths, which are then combined to produce interference. Laser interferometers are usually used in ultraprecision machining and manufacturing, ultraprecision positioning control, as well as several non-contact optical sensing technologies.

Laser Interferometer Market

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COVID-19 Impact on the Global Laser Interferometer market

The emergence of COVID-19, which is a deadly respiratory disease that originated in China, has become a global pandemic. Laser interferometer manufacturing companies were significantly impacted due to the covid 19 containment measures. The pandemic has forced these companies to slow down or halt their manufacturing operations, which is rapidly impacting the production in the industrial sector. As the COVID-19 crisis continues, many global companies offering industrial products are facing several challenges, including revenue losses and production stoppages, due to supply chain disruptions, material and production cost escalation, and workforce dislocation. The effect of this pandemic on industrial operations will affect the growth of the laser interferometer market in the short term

Laser Interferometer Market Dynamics

3D metrology can be used for measurement modeling that involves the visualization of measurement during the production process of a product whose quality can be controlled through statistical sampling. A large amount of 3D data is required to define a product adequately for precision inspection. 3D modeling is used in key industries, such as aerospace & defense, automotive, heavy machinery, medical, electronics, and energy & power. 3D models, created from 3D objects, are a collection of data points generated via optical measurement systems, such as vision measuring machines (VMMs) or Coordinate Measuring Machines (CMMs) that are integrated with intelligent data models and tools for integrating data. Laser interferometers are used for displacements and other measurements in a reliable, quick, and accurate manner. Laser interferometers play an important role in 3D metrology. Thus, the growing demand for 3D metrology in various industries is expected to drive the growth of the laser interferometer market.

Restraint: Price sensitivity associated with laser interferometer solutions

The costs associated with setting-up measurement and calibration tools make it difficult to achieve the targeted ROI that fits within a business plan. Different types of measurements require various measuring devices that are expensive. Consumers in the measurement ecosystem usually opt for cost-effective, technologically-advanced measurement equipment. The demand for advanced specifications and features, as well as the increase in the number of applications, has compelled engineers and manufacturers to upgrade existing technologies on a wide scale. The laser interferometer market faces challenges during measurement and testing processes, due to the need for qualified operators and the associated high labor costs. Frequent alterations made in the design, feature, and complexity of interferometers lead to changes in the manufacturing process; thereby, resulting in fluctuating prices of a measurement device.

Opportunity: Growing demand for automobiles worldwide

The automotive industry has a complex supply chain consisting of a large number of vendors. Reliable manufacturing and approval processes are undertaken to ensure that suppliers understand automaker specifications and consistently deliver parts that meet the requirements of their customers. The manufacturing of parts requires verification of object specifications and checking high-precision dimensional accuracy and geometrical tolerances. Optical measuring systems, combined with the right optics and stable lighting, ensure manufacturing accuracy in the automotive industry. Furthermore, these systems can be used to validate parts that have a dimensional drawing and to measure edges anywhere on a part using a variety of lighting techniques. This is expected to create significant opportunities for laser interferometer providers in the automotive industry.

Challenge: Increase in rental and leasing services

Technological advancements are among the major factors driving the demand for measurement devices such as laser interferometers and optical devices in end-user industries. With increasing innovations, emerging application areas, and technological advancements, manufacturers are striving to offer devices with enhanced capabilities and with modular architecture. These enhancements increase the price of laser interferometers. End-user industries, including aerospace & defense, communications, automotive, and industrial electronics, often opt for rental and leasing services of measurement equipment instead of purchasing new measurement equipment to reduce operational costs. These services are suitable for customers with short-term requirements or those that have a low budget that hinders them from buying these instruments. Furthermore, renting or leasing the equipment eliminates costs such as calibration and repair expenses as well as provides flexibility to renting service providers in terms of terminating a service contract when needed.

Fizeau interferometers to witness the fastest growth during the forecast period

Fizeau interferometer was the largest segment of the market and is projected to grow at the highest CAGR during the forecast period. This interferometer is extensively used in application areas, such as measuring optic components and dimensional measurements of flats and surfaces in various industries, which is expected to boost the market for Fizeau laser interferometers during the forecast period. It provides the standard against which other optics are compared. In a Fizeau laser interferometer, a beam splitter divides the beam from a laser source. Most commercial Fizeau laser interferometers have an align mode that requires the user to center a bright dot with a crosshair on the viewing screen.

Automotive is expected to dominate the market during the forecast period

The automotive industry is expected to dominate the laser interferometer market during the forecast period. The rising sales of automobiles, due to the high disposable income and increased purchasing power of the population in various countries across the globe, is expected to propel the growth of the automotive segment of the laser interferometer market. The increasing adoption of optical interferometry for the verification of objects, high-precision dimensional measurement, and geometrical tolerances has further contributed to the growth of the automotive segment. An entire machine can be calibrated within hours and a complete functional check can be performed in less than an hour by using a laser interferometer. Factors, including straightness, perpendicularity, dynamics, and vibration can also be measured using laser interferometers.

Europe is leading the Laser Interferometer market in terms of market size in 2020

Europe accounted for the largest size of the laser interferometer market in 2020. Rapid technological developments and increased adoption of automation in the automotive and aerospace & defense industries in the region are the key factors expected to drive the growth of the market in Europe. Laser interferometer manufacturers are using advanced technologies to support smooth industrial operations. Germany and the UK are the major countries contributing to the laser interferometer market in Europe. These countries have a major presence of end-user industries, such as automotive, biomedical, and aerospace & defense. Moreover, the use of laser interferometers in water treatment 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 rising demand for passenger cars, are projected to provide an impetus to the growth of the laser interferometer market in the region. A few of the major players in Europe are Renishaw PLC (UK), Carl Zeiss (Germany), and SIOS Meßtechnik GmbH (Germany).

Laser Interferometer Market by Region

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Key Market Players

The laser interferometer market is dominated by players such as Renishaw PLC (UK), Keysight Technologies (US), Carl Zeiss (Germany), SIOS Meßtechnik GmbH (Germany), and AMETEK, Inc. (US).

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Scope of the Report

Report Metric

Details

Market size available for years

2017-2026

Base year considered

2020

Forecast period

2021-2026

Forecast units

Value (USD Million),

Segments covered

By Interferometer Type, By Type, By Application, By End-User Industry

Geographies covered

North America, Europe, APAC, Rest of the World

Companies covered

Renishaw PLC (UK), Keysight Technologies (US), Carl Zeiss (Germany), SIOS Meßtechnik GmbH (Germany), AMETEK, Inc. (US), Mahr Inc. (Germany), TOSEI ENGINEERING CORP. (Japan), QED Technologies (US), MÖLLER-WEDEL OPTICAL GmbH (Germany), SmarAct GmbH (Germany), Luna Innovations Incorporated (US), 4D Technology Corporation (US), ÄPRE Instruments (US), Trioptics GmbH (Germany), AdlOptica Optical Systems GmbH (Germany), Logitech Limited (UK), Holmarc Opto-Mechatronics P Ltd (India), attocube systems AG (Germany), HighFinesse Laser and Electronics Systems GmbH (Germany), XONOX Technology GmbH (Germany), Thorlabs, Inc. (US), Automated Precision, Inc. (US), Lasertex Co. Ltd (Poland), and FUJIFILM Holdings Corporation (Japan) are the key players in the Laser Interferometer market. (Total 25 companies)

The study categorizes the laser interferometer market based on value by interferometer type, by type, by application, and by end-user industry at the regional and global levels.

Interferometer Typ

  • Michelson Interferometer
  • Fabry-Perot Interferometer
  • Fizeau Interferometer
  • Mach-Zehnder Interferometer
  • Sagnac Interferometer
  • Twyman-Green Interferometer

Type

  • Homodyne
  • Heterodyne

Application

  • Surface Topology
  • Engineering
  • Applied Science
  • Biomedical
  • Semiconductor Detection

End-User Industry

  • Automotive
  • Aerospace & Defense
  • Industrial
  • Life Sciences
  • Electronics Manufacturing
  • Telecommunication

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Rest of the World
    • South America
    • Middle East & Africa

Recent Developments

  • In September 2021, Renishaw released a new version of the software for its XK10 alignment laser system. The software enables users to perform point-to-point parallelism measurements. The new functionality will enable users to make precise adjustments to machine parallelism to a level that has previously been impossible using traditional measurement techniques.
  • In June 2021, ZEISS launched an entry-level solution for the non-destructive inspection of parts. The ZEISS METROTOM 1 enables a smooth end-to-end workflow, is easy to operate, and delivers precise results.
  • In May 2021, ZYGO, a subsidiary of Ametek, Inc., has launched the Nexview 650, a large format metrology system designed as an inspection tool for the automated measurement of injection molding tooling, PCBs, glass panels, and other samples requiring an extended work volume up to 650 x 650 mm. The system provides 2D and 3D measurements of a variety of surface features with sub-nanometer vertical precision and sub-micron lateral precision.
  • In May 2021, ZEISS acquired Capture 3D to extend its industry expertise in 3D measurement and inspection solutions. Through this acquisition, ZEISS plans to expand its national coverage in the US for its Industrial Quality & Research segment.
  • In January 2021, Keysight Technologies expanded its portfolio of Source/Measure Units for test applications requiring high accuracy, high resolution, and measurement flexibility. The SMUs include current-voltage (I-V) characterizing and testing semiconductors as well as other non-linear devices and materials.
  • In January 2021, Keysight Technologies entered into an agreement with NewRadio Technology Co., Ltd. to provide the latter with advanced signal source and analyzer measurement solutions of Keysight Technologies to speed validation of Ultra-Wideband (UWB) technology. NewRadioTech selected Vector Transceiver (VXT) in PXI format, signal generator, signal analyzer, and Vector Network Analyzer (VNA) of Keysight Technologies to validate the performance of the transmitter and receiver of the company's UWB SoC solution, which uses very sensitive receivers and highly efficient Power Amplifiers (PAs).

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 32)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           1.3.1 MARKET SEGMENTATION
           1.3.2 GEOGRAPHIC SCOPE
           1.3.3 INCLUSIONS AND EXCLUSIONS
           1.3.4 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY
    1.5 STAKEHOLDERS
    1.6 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 37)
    2.1 RESEARCH DATA
           FIGURE 1 LASER INTERFEROMETER MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary interviews with experts
                    2.1.2.2 Breakdown of primary interviews
                    2.1.2.3 Key data from primary sources
                    2.1.2.4 Key industry insights
    2.2 MARKET SIZE ESTIMATION
           FIGURE 2 LASER INTERFEROMETER MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION
           2.2.1 TOP-DOWN APPROACH
                    2.2.1.1 Approach for capturing market size by top-down analysis  (supply side)
                               FIGURE 3 TOP-DOWN APPROACH: MARKET SIZE ESTIMATION METHODOLOGY:  APPROACH 1 - SUPPLY SIDE
                               FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 - SUPPLY SIDE
           2.2.2 BOTTOM-UP APPROACH
                    2.2.2.1 Approach for capturing market share by bottom-up analysis (demand side)
    2.3 MARKET PROJECTIONS
    2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
           FIGURE 5 DATA TRIANGULATION
    2.5 RESEARCH ASSUMPTIONS
           TABLE 1 ASSUMPTIONS FOR RESEARCH STUDY
    2.6 LIMITATIONS
    2.7 RISK FACTORS

3 EXECUTIVE SUMMARY (Page No. - 50)
    FIGURE 6 THE FIZEAU INTERFEROMETER SEGMENT TO GROW AT THE HIGHEST CAGR IN THE LASER INTERFEROMETER MARKET DURING THE FORECAST PERIOD
    FIGURE 7 THE SURFACE TOPOLOGY SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
    FIGURE 8 THE INDUSTRIAL END-USER INDUSTRY SEGMENT TO GROW AT THE HIGHEST CAGR IN THE LASER INTERFEROMETER MARKET DURING THE FORECAST PERIOD
    FIGURE 9 EUROPE TO HOLD THE LARGEST SHARE OF THE LASER INTERFEROMETER MARKET DURING FORECAST PERIOD
    TABLE 2 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY
    3.1 REALISTIC SCENARIO
    3.2 OPTIMISTIC SCENARIO
    3.3 PESSIMISTIC SCENARIO
           FIGURE 10 GROWTH PROJECTIONS OF THE LASER INTERFEROMETER MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS
           TABLE 3 LASER INTERFEROMETER MARKET-COVID 19 IMPACT ANALYSIS
           FIGURE 11 LASER INTERFEROMETER MARKET IMPACT ANALYSIS OF COVID-19

4 PREMIUM INSIGHTS (Page No. - 56)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE LASER INTERFEROMETER MARKET
           FIGURE 12 GROWING INVESTMENTS IN THE DEVELOPMENT OF ADVANCED LASER INTERFEROMETERS TO PROVIDE GROWTH OPPORTUNITIES
    4.2 LASER INTERFEROMETER MARKET, BY TYPE
           FIGURE 13 THE HETERODYNE SEGMENT OF THE LASER INTERFEROMETER MARKET TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
    4.3 LASER INTERFEROMETER MARKET IN NORTH AMERICA,  BY INTERFEROMETER TYPE AND COUNTRY
           FIGURE 14 THE FIZEAU INTERFEROMETER SEGMENT AND THE US CAPTURED THE LARGEST SHARE OF THE NORTH AMERICAN LASER INTERFEROMETER MARKET IN 2020
    4.4 COUNTRY-WISE LASER INTERFEROMETER MARKET GROWTH RATE
           FIGURE 15 THE LASER INTERFEROMETER MARKET IN CHINA TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 58)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 16 IMPACT OF DRIVERS AND OPPORTUNITIES ON LASER INTERFEROMETER MARKET
           FIGURE 17 IMPACT OF RESTRAINTS AND CHALLENGES ON LASER INTERFEROMETERS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Growing demand for 3D metrology services
                    5.2.1.2 Rising focus on quality control through automation in the manufacturing industry
                    5.2.1.3 Increasing expenditure on R&D activities
           5.2.2 RESTRAINTS
                    5.2.2.1 Price sensitivity associated with laser interferometer solutions
                    5.2.2.2 Using the white light interferometry method
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Growing demand for automobiles worldwide
                               FIGURE 18 GLOBAL AUTOMOBILE PRODUCTION, BY VEHICLE TYPE,  2016–2020 (MILLION UNITS)
                    5.2.3.2 Growing manufacturing industries in emerging countries
           5.2.4 CHALLENGES
                    5.2.4.1 Increase in rental and leasing services
                    5.2.4.2 Short-term impact of COVID-19 on industrial applications
    5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS (YC-YCC SHIFT)
           FIGURE 19 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS FOR THE LASER INTERFEROMETER MARKET
    5.4 ASP ANALYSIS
    5.5 VALUE CHAIN ANALYSIS
           FIGURE 20 VALUE CHAIN ANALYSIS OF LASER INTERFEROMETER ECOSYSTEM: COMPONENT MANUFACTURERS AND MANUFACTURING PHASES CONTRIBUTE MAXIMUM VALUE
    5.6 ECOSYSTEM/ MARKET MAP
           FIGURE 21 LASER INTERFEROMETER MARKET PLAYER ECOSYSTEM
           5.6.1 COMPONENT PROVIDERS
           5.6.2 INTERFEROMETER MANUFACTURERS
           5.6.3 END USERS
    5.7 LASER INTERFEROMETER MARKET: SUPPLY CHAIN
    5.8 TECHNOLOGY TRENDS
           5.8.1 HIGH-RESOLUTION METROLOGY
           5.8.2 PHASE SHIFTING INTERFEROMETRY
           5.8.3 DIGITAL SPECKLE PATTERN INTERFEROMETRY (DSPI)
    5.9 PATENT ANALYSIS
           FIGURE 22 NUMBER OF PATENTS GRANTED FOR LASER INTERFEROMETER IN A YEAR OVER THE LAST 10 YEARS
           5.9.1 LIST OF MAJOR PATENTS
                    TABLE 4 LIST OF MAJOR PATENTS GRANTED FOR LASER INTERFEROMETERS, 2017-2021
    5.10 TRADE DATA
           FIGURE 23 IMPORTS DATA FOR HS CODE 903100, BY COUNTRY, 2016–2020
           TABLE 5 IMPORTS DATA FOR HS CODE 903100, BY COUNTRY, 2016–2020 (USD BILLION)
           FIGURE 24 EXPORTS DATA FOR HS CODE 903100, BY COUNTRY, 2016–2020
           TABLE 6 EXPORTS DATA FOR HS CODE 903100, BY COUNTRY, 2016–2020 (USD BILLION)
    5.11 CASE STUDIES
           5.11.1 THE US DEPARTMENT OF DEFENSE TO USE LASER-INTERFERENCE STRUCTURING (LIS) SYSTEM TO PREPARE SURFACES FOR PROTECTIVE COATINGS
           5.11.2 MATERIAL INSPECTION MACHINES USE WHITE-LIGHT INTERFEROMETRY ACHIEVING FAST PRECISION MEASUREMENTS
           5.11.3 A TEAM OF SCIENTISTS FROM GERMANY HAVE DEMONSTRATED ATOM INTERFEROMETRY IN SPACE
    5.12 STANDARDS & REGULATIONS
           5.12.1 EUROPE
           5.12.2 NORTH AMERICA
           5.12.3 APAC
           5.12.4 GLOBAL
    5.13 PORTER’S FIVE FORCES ANALYSIS
                    TABLE 7 PORTER’S FIVE FORCES IMPACT ON LASER INTERFEROMETER MARKET
                    FIGURE 25 PORTER’S FIVE FORCES ANALYSIS: LASER INTERFEROMETER MARKET
           5.13.1 THREAT OF NEW ENTRANTS
           5.13.2 THREAT OF SUBSTITUTES
           5.13.3 BARGAINING POWER OF SUPPLIERS
           5.13.4 BARGAINING POWER OF BUYERS
           5.13.5 INTENSITY OF COMPETITIVE RIVALRY

6 LASER INTERFEROMETER MARKET, BY INTERFEROMETER TYPE (Page No. - 82)
    6.1 INTRODUCTION
           FIGURE 26 FIZEAU INTERFEROMETER WAS THE LARGEST SEGMENT OF THE LASER INTERFEROMETER MARKET
           TABLE 8 LASER INTERFEROMETER MARKET, BY INTERFEROMETER TYPE, 2017–2020 (USD MILLION)
           TABLE 9 LASER INTERFEROMETER MARKET, BY INTERFEROMETER TYPE, 2021–2026 (USD MILLION)
    6.2 FIZEAU INTERFEROMETER
           6.2.1 FIZEAU LASER INTERFEROMETERS SUITABLE FOR OPTICAL AND SURFACE MEASUREMENT IN ENGINEERING AND INDUSTRIAL APPLICATIONS
                    FIGURE 27 THE FIZEAU INTERFEROMETER MARKET EXPECTED TO WITNESS THE HIGHEST GROWTH IN APAC DURING THE FORECAST PERIOD
                    TABLE 10 FIZEAU INTERFEROMETER MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 11 FIZEAU INTERFEROMETER MARKET, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 12 FIZEAU INTERFEROMETER MARKET SIZE IN TERMS OF VOLUME, 2020–2026 (UNITS)
    6.3 MICHELSON INTERFEROMETER
           6.3.1 USING A SINGLE-BEAM SPLITTER AND LIGHT SOURCE, MICHELSON INTERFEROMETERS OFFER PRECISE MEASUREMENTS OF INDUSTRIAL MACHINE PARTS
                    FIGURE 28 NORTH AMERICA EXPECTED TO WITNESS THE HIGHEST GROWTH IN THE MICHELSON INTERFEROMETER MARKET DURING THE FORECAST PERIOD
                    TABLE 13 MICHELSON INTERFEROMETER MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 14 MICHELSON INTERFEROMETER MARKET, BY REGION, 2021–2026 (USD MILLION)
    6.4 FABRY-PEROT INTERFEROMETER
           6.4.1 FABRY-PEROT INTERFEROMETER HIGHLY RECOMMENDED FOR MEASURING WAVELENGTH OF LIGHT IN TELECOMMUNICATION
                    TABLE 15 FABRY-PEROT INTERFEROMETER MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 16 FABRY-PEROT INTERFEROMETER MARKET, BY REGION, 2021–2026 (USD MILLION)
    6.5 MACH–ZEHNDER INTERFEROMETER
           6.5.1 MACH–ZEHNDER INTERFEROMETERS ARE SUITABLE FOR ERROR-FREE MEASUREMENTS AS THEY USE DUAL BEAM SPLITTERS TO ANALYZE OBJECTS
                    TABLE 17 MACH–ZEHNDER INTERFEROMETER MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 18 MACH–ZEHNDER INTERFEROMETER MARKET, BY REGION, 2021–2026 (USD MILLION)
    6.6 SAGNAC INTERFEROMETER
           6.6.1 SAGNAC INTERFEROMETERS ARE WIDELY USED FOR ROTATIONAL MEASUREMENTS
                    TABLE 19 SAGNAC INTERFEROMETER MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 20 SAGNAC INTERFEROMETER MARKET, BY REGION, 2021–2026 (USD MILLION)
    6.7 TWYMAN–GREEN INTERFEROMETER
           6.7.1 TWYMAN–GREEN INTERFEROMETER MAINLY USED FOR TESTING OPTICAL DEVICES
                    TABLE 21 TWYMAN–GREEN INTERFEROMETER MARKET, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 22 TWYMAN–GREEN INTERFEROMETER MARKET, BY REGION, 2021–2026 (USD MILLION)
    6.8 IMPACT OF COVID-19 ON VARIOUS INTERFEROMETER TYPES

7 LASER INTERFEROMETER MARKET, BY TYPE (Page No. - 93)
    7.1 INTRODUCTION
           FIGURE 29 THE HETERODYNE SEGMENT IS EXPECTED TO GROW AT HIGHER CAGR DURING THE FORECAST PERIOD
           TABLE 23 LASER INTERFEROMETER MARKET, BY TYPE, 2017–2020 (USD MILLION)
           TABLE 24 LASER INTERFEROMETER MARKET, BY TYPE, 2021–2026 (USD MILLION)
    7.2 HOMODYNE INTERFEROMETER
           7.2.1 HOMODYNE INTERFEROMETER PROVIDES ACCURATE MEASUREMENT USING A SINGLE LIGHT SOURCE
    7.3 HETERODYNE INTERFEROMETER
           7.3.1 HETERODYNE INTERFEROMETER SUITABLE FOR METROLOGICAL ESTIMATION IN MANUFACTURING APPLICATIONS

8 LASER INTERFEROMETER MARKET, BY APPLICATION (Page No. - 96)
    8.1 INTRODUCTION
           FIGURE 30 SURFACE TOPOLOGY APPLICATION CAPTURES LARGEST SHARE OF LASER INTERFEROMETER MARKET
           TABLE 25 LASER INTERFEROMETER MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
           TABLE 26 LASER INTERFEROMETER MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
    8.2 SURFACE TOPOLOGY
           8.2.1 SOURCE TOPOLOGY
                    8.2.1.1 LASER INTERFEROMETERS USED IN SOURCE TOPOLOGY PROVIDE PRECISE MEASUREMENTS OF OBJECTS
           8.2.2 SURFACE DETECTION
                    8.2.2.1 SURFACE DETECTION FACILITATES THE MONITORING AND INSPECTING OF FLATNESS OF SURFACES
           8.2.3 ROUGHNESS DETECTION
                    8.2.3.1 LASER INTERFEROMETERS WIDELY USED FOR ROUGHNESS DETECTION IN THE AUTOMOBILES AND MANUFACTURING INDUSTRY
           8.2.4 CURVATURE RADIUS DETECTION
                    8.2.4.1 CURVATURE RADIUS DETECTION OFFERS HIGH-ACCURACY MEASUREMENT OF RADIUS OF CURVATURE IN AUTONOMOUS DRIVING AND ADVANCED DRIVER ASSISTANCE (ADAS) BASED APPLICATIONS
    8.3 ENGINEERING
           8.3.1 USE OF LASER INTERFEROMETERS IN ENGINEERING APPLICATIONS FACILITATE INSPECTION OF MACHINE PARTS FOR STRAIGHTNESS AND PARALLELISM
    8.4 APPLIED SCIENCE
           8.4.1 LASER INTERFEROMETERS ARE USED IN MANY HIGH-PRECISION MEASURING SYSTEMS AND SENSORS
    8.5 BIOMEDICAL
           8.5.1 LASER INTERFEROMETERS ARE EXTENSIVELY USED IN PROBES FOR DETERMINING CELLULAR AND TISSUE STRUCTURE
    8.6 SEMICONDUCTOR DETECTION
           8.6.1 LASER INTERFEROMETERS FACILITATE THE DETECTION AND IDENTIFICATION OF NANOPARTICLES IN SEMICONDUCTOR MANUFACTURING

9 LASER INTERFEROMETER MARKET, BY END-USER INDUSTRY (Page No. - 102)
    9.1 INTRODUCTION
           FIGURE 31 AUTOMOTIVE EXPECTED TO BE THE LARGEST SEGMENT OF THE LASER INTERFEROMETER MARKET
           TABLE 27 LASER INTERFEROMETER MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)
           TABLE 28 LASER INTERFEROMETER MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)
    9.2 AUTOMOTIVE
           9.2.1 THE NEED FOR PRECISE DIMENSIONAL MEASUREMENT DRIVES THE MARKET IN THE AUTOMOTIVE SEGMENT
                    FIGURE 32 APAC EXPECTED TO WITNESS THE HIGHEST GROWTH IN THE LASER INTERFEROMETER MARKET FOR AUTOMOTIVE DURING THE FORECAST PERIOD
                    TABLE 29 LASER INTERFEROMETER MARKET FOR AUTOMOTIVE, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 30 LASER INTERFEROMETER MARKET FOR AUTOMOTIVE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 31 LASER INTERFEROMETER MARKET FOR AUTOMOTIVE IN NORTH AMERICA, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 32 LASER INTERFEROMETER MARKET FOR AUTOMOTIVE IN NORTH AMERICA, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 33 LASER INTERFEROMETER MARKET FOR AUTOMOTIVE IN EUROPE, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 34 LASER INTERFEROMETER MARKET FOR AUTOMOTIVE IN EUROPE, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 35 LASER INTERFEROMETER MARKET FOR AUTOMOTIVE IN APAC, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 36 LASER INTERFEROMETER MARKET FOR AUTOMOTIVE IN APAC, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 37 LASER INTERFEROMETER MARKET FOR AUTOMOTIVE IN ROW, BY REGION,  2017–2020 (USD MILLION)
                    TABLE 38 LASER INTERFEROMETER MARKET FOR AUTOMOTIVE IN ROW, BY REGION,  2021–2026 (USD MILLION)
    9.3 AEROSPACE & DEFENSE
           9.3.1 INCREASE IN THE DEMAND FOR LASER INTERFEROMETERS FOR DETAILED MEASUREMENT OF AIRCRAFT COMPONENTS TO DRIVE THE GROWTH OF THE MARKET IN THE AEROSPACE & DEFENSE SEGMENT
                    FIGURE 33 APAC TO GROW AT HIGHEST CAGR FOR LASER INTERFEROMETER MARKET FOR AEROSPACE & DEFENSE APPLICATION DURING FORECAST PERIOD
                    TABLE 39 LASER INTERFEROMETER MARKET FOR AEROSPACE & DEFENSE, BY REGION,  2017–2020 (USD MILLION)
                    TABLE 40 LASER INTERFEROMETER MARKET FOR AEROSPACE & DEFENSE, BY REGION,  2021–2026 (USD MILLION)
                    TABLE 41 LASER INTERFEROMETER MARKET FOR AEROSPACE & DEFENSE IN NORTH AMERICA,  BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 42 LASER INTERFEROMETER MARKET FOR AEROSPACE & DEFENSE IN NORTH AMERICA,  BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 43 LASER INTERFEROMETER MARKET FOR AEROSPACE & DEFENSE IN EUROPE,  BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 44 LASER INTERFEROMETER MARKET FOR AEROSPACE & DEFENSE IN EUROPE,  BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 45 LASER INTERFEROMETER MARKET FOR AEROSPACE & DEFENSE IN APAC, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 46 LASER INTERFEROMETER MARKET FOR AEROSPACE & DEFENSE IN APAC, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 47 LASER INTERFEROMETER MARKET FOR AEROSPACE & DEFENSE IN ROW, BY REGION,  2017–2020 (USD MILLION)
                    TABLE 48 LASER INTERFEROMETER MARKET FOR AEROSPACE & DEFENSE IN ROW, BY REGION,  2021–2026 (USD MILLION)
    9.4 INDUSTRIAL
           9.4.1 HIGH DEMAND FOR LASER INTERFEROMETERS IN SURFACE TOPOGRAPHY AND DIMENSION MEASUREMENT TO DRIVE THE GROWTH OF THE SEGMENT
                    FIGURE 34 APAC TO WITNESS HIGHEST GROWTH IN THE LASER INTERFEROMETER MARKET FOR INDUSTRIAL DURING FORECAST PERIOD
                    TABLE 49 LASER INTERFEROMETER MARKET FOR INDUSTRIAL, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 50 LASER INTERFEROMETER MARKET FOR INDUSTRIAL, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 51 LASER INTERFEROMETER MARKET FOR INDUSTRIAL IN NORTH AMERICA, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 52 LASER INTERFEROMETER MARKET FOR INDUSTRIAL IN NORTH AMERICA, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 53 LASER INTERFEROMETER MARKET FOR INDUSTRIAL IN EUROPE, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 54 LASER INTERFEROMETER MARKET FOR INDUSTRIAL IN EUROPE, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 55 LASER INTERFEROMETER MARKET FOR INDUSTRIAL IN APAC, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 56 LASER INTERFEROMETER MARKET FOR INDUSTRIAL IN APAC, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 57 LASER INTERFEROMETER MARKET FOR INDUSTRIAL IN ROW, BY REGION,  2017–2020 (USD MILLION)
                    TABLE 58 LASER INTERFEROMETER MARKET FOR INDUSTRIAL IN ROW, BY REGION,  2021–2026 (USD MILLION)
    9.5 LIFE SCIENCES
           9.5.1 INCREASED USE OF INTERFEROMETERS FOR IMAGING PURPOSES TO BOOST THE MARKET IN THE LIFE SCIENCES INDUSTRY
                    TABLE 59 LASER INTERFEROMETER MARKET FOR LIFE SCIENCES, BY REGION, 2017–2020 (USD MILLION)
                    TABLE 60 LASER INTERFEROMETER MARKET FOR LIFE SCIENCES, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 61 LASER INTERFEROMETER MARKET FOR LIFE SCIENCES IN NORTH AMERICA, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 62 LASER INTERFEROMETER MARKET FOR LIFE SCIENCES IN NORTH AMERICA, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 63 LASER INTERFEROMETER MARKET FOR LIFE SCIENCES IN EUROPE, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 64 LASER INTERFEROMETER MARKET FOR LIFE SCIENCES IN EUROPE, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 65 LASER INTERFEROMETER MARKET FOR LIFE SCIENCES IN APAC, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 66 LASER INTERFEROMETER MARKET FOR LIFE SCIENCES IN APAC, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 67 LASER INTERFEROMETER MARKET FOR LIFE SCIENCES IN ROW, BY REGION,  2017–2020 (USD MILLION)
                    TABLE 68 LASER INTERFEROMETER MARKET FOR LIFE SCIENCES IN ROW, BY REGION,  2021–2026 (USD MILLION)
    9.6 ELECTRONICS MANUFACTURING
           9.6.1 RISE IN DEMAND FOR MINIATURE ELECTRONICS TO BOOST DEMAND FOR LASER INTERFEROMETERS
                    TABLE 69 LASER INTERFEROMETER MARKET FOR ELECTRONICS MANUFACTURING, BY REGION,  2017–2020 (USD MILLION)
                    TABLE 70 LASER INTERFEROMETER MARKET FOR ELECTRONICS MANUFACTURING, BY REGION,  2021–2026 (USD MILLION)
                    TABLE 71 LASER INTERFEROMETER MARKET FOR ELECTRONICS MANUFACTURING IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 72 LASER INTERFEROMETER MARKET FOR ELECTRONICS MANUFACTURING IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 73 LASER INTERFEROMETER MARKET FOR ELECTRONICS MANUFACTURING IN EUROPE,  BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 74 LASER INTERFEROMETER MARKET FOR ELECTRONICS MANUFACTURING IN EUROPE,  BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 75 LASER INTERFEROMETER MARKET FOR ELECTRONICS MANUFACTURING IN APAC,  BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 76 LASER INTERFEROMETER MARKET FOR ELECTRONICS MANUFACTURING IN APAC,  BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 77 LASER INTERFEROMETER MARKET FOR ELECTRONICS MANUFACTURING IN ROW,  BY REGION, 2017–2020 (USD MILLION)
                    TABLE 78 LASER INTERFEROMETER MARKET FOR ELECTRONICS MANUFACTURING IN ROW,  BY REGION, 2021–2026 (USD MILLION)
    9.7 TELECOMMUNICATION
           9.7.1 INCREASED REQUIREMENT FOR INTERFEROMETRY IN WAVELENGTH DIVISION MULTIPLEXING TO PROPEL THE MARKET IN THE TELECOMMUNICATION INDUSTRY
                    TABLE 79 LASER INTERFEROMETER MARKET FOR TELECOMMUNICATION, BY REGION,  2017–2020 (USD MILLION)
                    TABLE 80 LASER INTERFEROMETER MARKET FOR TELECOMMUNICATION, BY REGION,  2021–2026 (USD MILLION)
                    TABLE 81 LASER INTERFEROMETER MARKET FOR TELECOMMUNICATION IN NORTH AMERICA,  BY COUNTRY, 2017–2020 (USD MILLION)
                    TABLE 82 LASER INTERFEROMETER MARKET FOR TELECOMMUNICATION IN NORTH AMERICA,  BY COUNTRY, 2021–2026 (USD MILLION)
                    TABLE 83 LASER INTERFEROMETER MARKET FOR TELECOMMUNICATION IN EUROPE, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 84 LASER INTERFEROMETER MARKET FOR TELECOMMUNICATION IN EUROPE, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 85 LASER INTERFEROMETER MARKET FOR TELECOMMUNICATION IN APAC, BY COUNTRY,  2017–2020 (USD MILLION)
                    TABLE 86 LASER INTERFEROMETER MARKET FOR TELECOMMUNICATION IN APAC, BY COUNTRY,  2021–2026 (USD MILLION)
                    TABLE 87 LASER INTERFEROMETER MARKET FOR TELECOMMUNICATION IN ROW, BY REGION,  2017–2020 (USD MILLION)
                    TABLE 88 LASER INTERFEROMETER MARKET FOR TELECOMMUNICATION IN ROW, BY REGION,  2021–2026 (USD MILLION)
    9.8 IMPACT OF COVID-19 ON VARIOUS END-USER INDUSTRIES

10 GEOGRAPHIC ANALYSIS (Page No. - 128)
     10.1 INTRODUCTION
               FIGURE 35 EUROPE TO LEAD THE LASER INTERFEROMETER MARKET DURING THE FORECAST PERIOD
               TABLE 89 LASER INTERFEROMETER MARKET, BY REGION, 2017–2020 (USD MILLION)
               TABLE 90 LASER INTERFEROMETER MARKET, BY REGION, 2021–2026 (USD MILLION)
     10.2 NORTH AMERICA
               FIGURE 36 LASER INTERFEROMETER MARKET IN NORTH AMERICA: SNAPSHOT
               TABLE 91 LASER INTERFEROMETER MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
               TABLE 92 LASER INTERFEROMETER MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 93 LASER INTERFEROMETER MARKET IN NORTH AMERICA, BY INTERFEROMETER TYPE,  2017–2020 (USD MILLION)
               TABLE 94 LASER INTERFEROMETER MARKET IN NORTH AMERICA, BY INTERFEROMETER TYPE,  2021–2026 (USD MILLION)
               TABLE 95 LASER INTERFEROMETER MARKET IN NORTH AMERICA, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
               TABLE 96 LASER INTERFEROMETER MARKET IN NORTH AMERICA, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
             10.2.1 US
                       10.2.1.1 The US expected to be the largest market for laser interferometers during the forecast period
                                   TABLE 97 LASER INTERFEROMETER MARKET IN US, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)
                                   TABLE 98 LASER INTERFEROMETER MARKET IN US, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)
             10.2.2 CANADA
                       10.2.2.1 Growing demand for extensive surface roughness measurement to drive market
                                   TABLE 99 LASER INTERFEROMETER MARKET IN CANADA, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
                                   TABLE 100 LASER INTERFEROMETER MARKET IN CANADA, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
             10.2.3 MEXICO
                       10.2.3.1 Increasing industrialization drives the market growth in the country
                                   TABLE 101 LASER INTERFEROMETER MARKET IN MEXICO, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
                                   TABLE 102 LASER INTERFEROMETER MARKET IN MEXICO, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
     10.3 EUROPE
               FIGURE 37 LASER INTERFEROMETER MARKET IN EUROPE: SNAPSHOT
               TABLE 103 LASER INTERFEROMETER MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
               TABLE 104 LASER INTERFEROMETER MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 105 LASER INTERFEROMETER MARKET IN EUROPE, BY INTERFEROMETER TYPE,  2017–2020 (USD MILLION)
               TABLE 106 LASER INTERFEROMETER MARKET IN EUROPE, BY INTERFEROMETER TYPE,  2021–2026 (USD MILLION)
               TABLE 107 LASER INTERFEROMETER MARKET IN EUROPE, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
               TABLE 108 LASER INTERFEROMETER MARKET IN EUROPE, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
             10.3.1 GERMANY
                       10.3.1.1 Germany expected to the lead European market due to the presence of major automotive manufacturers in the country
                                   TABLE 109 LASER INTERFEROMETER MARKET IN GERMANY, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
                                   TABLE 110 LASER INTERFEROMETER MARKET IN GERMANY, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
             10.3.2 UK
                       10.3.2.1 Manufacturers in the country are increasingly deploying laser interferometers to improve product quality
                                   TABLE 111 LASER INTERFEROMETER MARKET IN UK, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)
                                   TABLE 112 LASER INTERFEROMETER MARKET IN UK, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)
             10.3.3 FRANCE
                       10.3.3.1 Increasing use of laser interferometers to create significant demand in the aerospace and healthcare industries
                                   TABLE 113 LASER INTERFEROMETER MARKET IN FRANCE, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
                                   TABLE 114 LASER INTERFEROMETER MARKET IN FRANCE, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
             10.3.4 REST OF EUROPE
                       10.3.4.1 Growing investment in manufacturing industries is driving the demand for laser interferometers in the Rest of Europe
                                   TABLE 115 LASER INTERFEROMETER MARKET IN REST OF EUROPE, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
                                   TABLE 116 LASER INTERFEROMETER MARKET IN REST OF EUROPE, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
     10.4 ASIA PACIFIC
               FIGURE 38 LASER INTERFEROMETER MARKET IN ASIA PACIFIC: SNAPSHOT
               TABLE 117 LASER INTERFEROMETER MARKET IN ASIA PACIFIC, BY COUNTRY, 2017–2020 (USD MILLION)
               TABLE 118 LASER INTERFEROMETER MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 119 LASER INTERFEROMETER MARKET IN ASIA PACIFIC, BY INTERFEROMETER TYPE,  2017–2020 (USD MILLION)
               TABLE 120 LASER INTERFEROMETER MARKET IN ASIA PACIFIC, BY INTERFEROMETER TYPE,  2021–2026 (USD MILLION)
               TABLE 121 LASER INTERFEROMETER MARKET IN ASIA PACIFIC, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
               TABLE 122 LASER INTERFEROMETER MARKET IN ASIA PACIFIC, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
             10.4.1 JAPAN
                       10.4.1.1 Japan to witness high demand for laser interferometers from optics and semiconductor industries during the forecast period
                                   TABLE 123 LASER INTERFEROMETER MARKET IN JAPAN, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
                                   TABLE 124 LASER INTERFEROMETER MARKET IN JAPAN, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
             10.4.2 CHINA
                       10.4.2.1 Major industrial base and growing manufacturing activities to drive market
                                   TABLE 125 LASER INTERFEROMETER MARKET IN CHINA, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
                                   TABLE 126 LASER INTERFEROMETER MARKET IN CHINA, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
             10.4.3 INDIA
                       10.4.3.1 Growing manufacturing industries in India expected to drive the market during the forecast period
                                   TABLE 127 LASER INTERFEROMETER MARKET IN INDIA, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
                                   TABLE 128 LASER INTERFEROMETER MARKET IN INDIA, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
             10.4.4 REST OF APAC
                       10.4.4.1 Increasing number of production-based companies in the rest of APAC countries is accelerating the growth of the laser interferometer market
                                   TABLE 129 LASER INTERFEROMETER MARKET IN REST OF APAC, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
                                   TABLE 130 LASER INTERFEROMETER MARKET IN REST OF APAC, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
     10.5 REST OF THE WORLD
               TABLE 131 LASER INTERFEROMETER MARKET IN REST OF THE WORLD, BY REGION,  2017–2020 (USD MILLION)
               TABLE 132 LASER INTERFEROMETER MARKET IN REST OF THE WORLD, BY REGION,  2021–2026 (USD MILLION)
               TABLE 133 LASER INTERFEROMETER MARKET IN REST OF THE WORLD, BY INTERFEROMETER TYPE,  2017–2020 (USD MILLION)
               TABLE 134 LASER INTERFEROMETER MARKET IN REST OF THE WORLD, BY INTERFEROMETER TYPE,  2021–2026 (USD MILLION)
               TABLE 135 LASER INTERFEROMETER MARKET IN REST OF THE WORLD, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
               TABLE 136 LASER INTERFEROMETER MARKET IN REST OF THE WORLD, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
             10.5.1 SOUTH AMERICA
                       10.5.1.1 Implementation of laser interferometers in automotive and industrial sectors drives the market growth
                                   TABLE 137 LASER INTERFEROMETER MARKET IN SOUTH AMERICA, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
                                   TABLE 138 LASER INTERFEROMETER MARKET IN SOUTH AMERICA, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
             10.5.2 MIDDLE EAST & AFRICA
                       10.5.2.1 The Middle East & Africa to witness increasing demand for laser interferometers during the forecast period
                                   TABLE 139 LASER INTERFEROMETER MARKET IN MIDDLE EAST & AFRICA, BY END-USER INDUSTRY,  2017–2020 (USD MILLION)
                                   TABLE 140 LASER INTERFEROMETER MARKET IN MIDDLE EAST & AFRICA, BY END-USER INDUSTRY,  2021–2026 (USD MILLION)
     10.6 IMPACT OF COVID-19 ON LASER INTERFEROMETER MARKET IN DIFFERENT REGIONS

11 COMPETITIVE LANDSCAPE (Page No. - 159)
     11.1 OVERVIEW
     11.2 KEY PLAYER STRATEGIES/MARKET EVALUATION FRAMEWORK
               TABLE 141 OVERVIEW OF STRATEGIES DEPLOYED BY KEY LASER INTERFEROMETERS MANUFACTURERS
             11.2.1 PRODUCT PORTFOLIO
             11.2.2 REGIONAL FOCUS
             11.2.3 MANUFACTURING FOOTPRINT
             11.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
     11.3 MARKET SHARE ANALYSIS: LASER INTERFEROMETER MARKET, 2020
               FIGURE 39 MARKET SHARE ANALYSIS: LASER INTERFEROMETER MARKET, 2020
               TABLE 142 DEGREE OF COMPETITION, 2020
     11.4 FIVE-YEAR COMPANY REVENUE ANALYSIS
               FIGURE 40 FIVE-YEAR SEGMENTAL REVENUE ANALYSIS OF TOP FIVE PLAYERS IN LASER INTERFEROMETER MARKET
     11.5 COMPANY EVALUATION QUADRANT
             11.5.1 STAR
             11.5.2 EMERGING LEADER
             11.5.3 PERVASIVE
             11.5.4 PARTICIPANT
                       FIGURE 41 LASER INTERFEROMETER COMPANY EVALUATION QUADRANT, 2020
             11.5.5 COMPANY FOOTPRINT
                       FIGURE 42 OVERALL COMPANY FOOTPRINT
                       TABLE 143 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS APPLICATIONS
                       TABLE 144 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS END-USER INDUSTRY
                       TABLE 145 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS REGIONS
     11.6 START-UP/SME EVALUATION MATRIX
               TABLE 146 LIST OF START-UP COMPANIES IN THE LASER INTERFEROMETER MARKET
             11.6.1 PROGRESSIVE COMPANIES
             11.6.2 RESPONSIVE COMPANIES
             11.6.3 DYNAMIC COMPANIES
             11.6.4 STARTING BLOCKS
                       FIGURE 43 LASER INTERFEROMETER MARKET, STARTUP/SME EVALUATION MATRIX, 2020
     11.7 COMPETITIVE SITUATIONS AND TRENDS
             11.7.1 PRODUCT LAUNCHES
                       TABLE 147 PRODUCT LAUNCHES, 2020–2021
             11.7.2 DEALS
                       TABLE 148 PARTNERSHIPS AND COLLABORATIONS, 2018–2021

12 COMPANY PROFILE (Page No. - 179)
     12.1 KEY COMPANIES
(Business overview, Products/Solutions/Services offered, Recent Developments, COVID-19 Related Developments, MNM view)*
             12.1.1 RENISHAW PLC
                       TABLE 149 RENISHAW PLC: BUSINESS OVERVIEW
                       FIGURE 44 RENISHAW PLC: COMPANY SNAPSHOT
                       TABLE 150 ABB RENISHAW PLC PRODUCT/SOLUTIONS/SERVICES OFFERINGS
                       TABLE 151 RENISHAW PLC: PRODUCT LAUNCHES
                       TABLE 152 RENISHAW PLC: DEALS
                       TABLE 153 RENISHAW PLC: COVID-19 RELATED DEVELOPMENTS
             12.1.2 KEYSIGHT TECHNOLOGIES
                       TABLE 154 KEYSIGHT TECHNOLOGIES: BUSINESS OVERVIEW
                       FIGURE 45 KEYSIGHT TECHNOLOGIES: COMPANY SNAPSHOT
                       TABLE 155 KEYSIGHT TECHNOLOGIES: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
                       TABLE 156 KEYSIGHT TECHNOLOGIES: PRODUCT LAUNCHES
                       TABLE 157 KEYSIGHT TECHNOLOGIES: DEALS
                       TABLE 158 KEYSIGHT TECHNOLOGIES: OTHERS
                       TABLE 159 KEYSIGHT TECHNOLOGIES: COVID-19 RELATED DEVELOPMENTS
             12.1.3 CARL ZEISS
                       TABLE 160 CARL ZEISS: BUSINESS OVERVIEW
                       FIGURE 46 CARL ZEISS: COMPANY SNAPSHOT
                       TABLE 161 CARL ZEISS: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
                       TABLE 162 CARL ZEISS: PRODUCT LAUNCHES
                       TABLE 163 CARL ZEISS: DEALS
                       TABLE 164 CARL ZEISS: OTHERS
                       TABLE 165 CARL ZEISS: COVID-19 RELATED DEVELOPMENTS
             12.1.4 SIOS MEßTECHNIK GMBH
                       TABLE 166 SIOS MEßTECHNIK GMBH: BUSINESS OVERVIEW
                       TABLE 167 SIOS MEßTECHNIK GMBH: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
                       TABLE 168 SIOS MEßTECHNIK GMBH: PRODUCT LAUNCHES
             12.1.5 AMETEK, INC.
                       TABLE 169 AMETEK, INC.: BUSINESS OVERVIEW
                       FIGURE 47 AMETEK, INC.: COMPANY SNAPSHOT
                       TABLE 170 AMETEK, INC.: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
                       TABLE 171 AMETEK, INC.: PRODUCT LAUNCHES
                       TABLE 172 AMETEK, INC.: COVID-19 RELATED DEVELOPMENTS
             12.1.6 MAHR INC.
                       TABLE 173 MAHR INC.: BUSINESS OVERVIEW
                       TABLE 174 MAHR INC.: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
                       TABLE 175 MAHR INC.: PRODUCT LAUNCHES
                       TABLE 176 MAHR INC.: COVID-19 RELATED DEVELOPMENTS
             12.1.7 TOSEI ENGINEERING CORP.
                       TABLE 177 TOSEI ENGINEERING CORP.: BUSINESS OVERVIEW
                       TABLE 178 TOSEI ENGINEERING CORP.: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
             12.1.8 OPTODYNE, INC.
                       TABLE 179 OPTODYNE, INC.: BUSINESS OVERVIEW
                       TABLE 180 OPTODYNE, INC.: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
             12.1.9 QED TECHNOLOGIES
                       TABLE 181 QED TECHNOLOGIES: BUSINESS OVERVIEW
                       TABLE 182 QED TECHNOLOGIES: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
             12.1.10 MÖLLER-WEDEL OPTICAL GMBH
                       TABLE 183 MÖLLER-WEDEL OPTICAL GMBH: BUSINESS OVERVIEW
                       TABLE 184 MÖLLER-WEDEL OPTICAL GMBH: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
     12.2 OTHER PLAYERS
             12.2.1 SMARACT GMBH
                       TABLE 185 SMARACT GMBH: COMPANY OVERVIEW
             12.2.2 LUNA INNOVATIONS INCORPORATED
                       TABLE 186 LUNA INNOVATIONS INCORPORATED: COMPANY OVERVIEW
             12.2.3 4D TECHNOLOGY CORPORATION
                       TABLE 187 4D TECHNOLOGY CORPORATION: COMPANY OVERVIEW
             12.2.4 ÄPRE INSTRUMENTS
                       TABLE 188 ÄPRE INSTRUMENTS: COMPANY OVERVIEW
             12.2.5 TRIOPTICS GMBH
                       TABLE 189 TRIOPTICS GMBH: COMPANY OVERVIEW
             12.2.6 ADLOPTICA OPTICAL SYSTEMS GMBH
                       TABLE 190 ADLOPTICA OPTICAL SYSTEMS GMBH: COMPANY OVERVIEW
             12.2.7 LOGITECH LIMITED
                       TABLE 191 LOGITECH LIMITED: COMPANY OVERVIEW
             12.2.8 HOLMARC OPTO-MECHATRONICS P LTD
                       TABLE 192 HOLMARC OPTO-MECHATRONICS P LTD: COMPANY OVERVIEW
             12.2.9 ATTOCUBE SYSTEMS AG
                       TABLE 193 ATTOCUBE SYSTEMS AG: COMPANY OVERVIEW
             12.2.10 HIGHFINESSE GMBH
                       TABLE 194 HIGHFINESSE GMBH: COMPANY OVERVIEW
             12.2.11 XONOX TECHNOLOGY GMBH
                       TABLE 195 XONOX TECHNOLOGY GMBH: COMPANY OVERVIEW
             12.2.12 THORLABS, INC.
                       TABLE 196 THORLABS, INC.: COMPANY OVERVIEW
             12.2.13 AUTOMATED PRECISION, INC (API)
                       TABLE 197 AUTOMATED PRECISION, INC (API): COMPANY OVERVIEW
             12.2.14 LASERTEX CO. LTD
                       TABLE 198 LASERTEX CO. LTD: COMPANY OVERVIEW
             12.2.15 FUJIFILM HOLDINGS CORPORATION
                       TABLE 199 FUJIFILM HOLDINGS CORPORATION: COMPANY OVERVIEW

*Details on Business overview, Products/Solutions/Services offered, Recent Developments, COVID-19 Related Developments, MNM view might not be captured in case of unlisted companies.

13 APPENDIX (Page No. - 231)
     13.1 DISCUSSION GUIDE
     13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     13.3 AVAILABLE CUSTOMIZATIONS
     13.4 RELATED REPORTS
     13.5 AUTHOR DETAILS

The study involved four major activities in estimating the current size of the global laser interferometer market. Exhaustive secondary research has been done to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

Secondary Research

The secondary sources used for this research study include government sources, corporate filings (such as annual reports, investor presentations, and financial statements), and trade, articles, white papers, industry news, business, and professional associations. The secondary data have been collected and analyzed to arrive at the overall market size, which has been further validated through primary research.

Primary Research

Extensive primary research has been conducted after understanding and analyzing the Laser Interferometer market scenario through secondary research. Several primary interviews have been conducted with key opinion leaders from both demand- and supply-side vendors across four major regions—North America, Europe, APAC, and RoW. Approximately 30% of the primary interviews have been conducted with the demand side and 70% with the supply side. This primary data have been collected mainly through telephonic interviews, which consist of 80% of the overall primary interviews; questionnaires and emails were also used to collect the data.

After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report.

Laser Interferometer Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In this report, both top-down and bottom-up approaches were implemented to estimate and validate the size of the laser interferometer market and various other dependent submarkets. The key players in the laser interferometer market have been identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire research methodology includes the study of annual and financial reports of top players, as well as interviews with experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative). All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study were accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report. The figures given below show the overall market size estimation process employed for this study.

The research methodology used to estimate the market size by top-down approach includes the following:

  • Focusing initially on top-line investments and expenditures being made in the ecosystems of the laser interferometer market
  • Calculating the market size considering the revenues generated by players through the sale of different types of laser interferometer, such as Michelson Interferometer, Fabry–Perot Interferometer, Fizeau Interferometer, Mach–Zehnder Interferometer, Sagnac Interferometer, and Twyman–Green Interferometer
  • Further segmentation based on R&D activities and key developments in key market areas
  • Further segmenting based on mapping usage of a laser interferometer for different functions & industries
  • Building and developing the information related to the revenues generated by players through different offerings
  • Conducting multiple on-field discussions with key opinion leaders across major companies involved in the development of laser interferometer
  • Estimating the geographic split using secondary sources based on various factors, such as the number of players in a specific country and region, the role of major players in the market for the development of innovative products, adoption, and penetration rates in particular countries for various applications, government support, investments, and other factors

The research methodology used to estimate the market size by bottom-up approach includes the following:

  • Identifying the entities in the laser interferometer market influencing the entire market, along with the related players, including different types of laser interferometer providers
  • Analyzing major manufacturers of laser interferometer, studying their portfolios, and understanding different types of interferometers, such as Michelson Interferometer, Fabry–Perot Interferometer, Fizeau Interferometer, Mach–Zehnder Interferometer, Sagnac Interferometer, and Twyman–Green Interferometer
  • Analyzing trends pertaining to the use of different types of interferometers for different kinds of applications and end-user industry
  • Tracking the ongoing and upcoming developments in the market, such as investments made, R&D activities, government support, product launches, collaborations, and partnerships, and forecasting the market based on these developments and other critical parameters
  • Carrying out multiple discussions with key opinion leaders to understand the different types of interferometers, applications, and recent trends in the market, thereby analyzing the breakup of the scope of work carried out by major companies
  • Arriving at the market estimates by analyzing revenues of the companies generated from each type of interferometer and then combining the same to get the market estimates
  • Segmenting the ogriverall market into various other market segments
  • Verifying and cross-checking the estimate at every level from the discussion with key opinion leaders, such as CXOs, directors, and operations managers, and finally with the domain experts in MarketsandMarkets
  • Studying various paid and unpaid sources of information, such as annual reports, press releases, white papers, and databases

Data Triangulation

After arriving at the overall market size through the process explained above, the overall market was split into several segments. In order to complete the overall market engineering process and arrive at the exact statistics for all the segments, the market breakdown and data triangulation procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. The market was also validated using both top-down and bottom-up approaches.

Report Objectives

  • To define, describe, and forecast the laser interferometer market, in terms of value, segmented by interferometer type, type, application, and end-user industry
  • To forecast the market size, in terms of value, for various segments, with respect to four main regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To provide detailed information regarding the major factors, such as drivers, restraints, opportunities, and challenges, influencing the growth of the laser interferometer market
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contribution to the total market
  • To analyze opportunities for the market stakeholders by identifying high-growth segments of the laser interferometer market
  • To benchmark players within the market using the proprietary “Company Evaluation Matrix” framework, which analyzes market players on various parameters within the broad categories of market rank and product offering
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies2 and provide a detailed competitive landscape for market leaders
  • To track and analyze competitive developments, such as partnerships, collaborations, agreements, and joint ventures; mergers and acquisitions; expansions; and product launches and developments; in the laser interferometer market

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  • Detailed analysis and profiling of additional market players
Report Code
SE 7748
Published ON
Nov, 2021
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