According to the new research report the "Laser Interferometer Market by Interferometer Type (Michelson, Fabry-Perot, Fizeau, and Twyman-Green), Type (Homodyne and Heterodyne), Application (Surface Topology, Engineering, and Science), End-Use Industry, and Geography - Global Forecast to 2025", is expected to grow from USD 237 million in 2020 to USD 334 million by 2025; it is expected to grow at a CAGR of 7.1% during 2020–2025.
Browse 103 market data Tables and 50 Figures spread through 175 Pages and in-depth TOC on "Laser Interferometer Market by Interferometer Type (Michelson, Fabry-Perot, Fizeau, and Twyman-Green), Type (Homodyne and Heterodyne), Application (Surface Topology, Engineering, and Science), End-Use Industry, and Geography - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/laser-interferometer-market-83973072.html
Fizeau Interferometer is expected to gain a significant share of laser interferometer market by 2025
The Fizeau interferometer is expected to account for the largest share of the laser interferometer market by 2025. Fizeau interferometer is expected to hold a major share of the laser interferometer market during the forecast period. Fizeau interferometers are a common type of interferometers that are used for measuring the surface shape and transmission quality of optics and optical-grade surfaces or characterizing optical surfaces, e.g., of mirrors or prisms. Due to this, there is an increase in demand for this interferometer in surface trilogy applications, which is expected to provide ample opportunities for the providers of Fizeau laser interferometers.
Based on industry, market for industrial end-user industry to grow at the highest CAGR from 2020 to 2025
The market for the industrial end-user industry is expected to grow with the highest CAGR during the forecast period. Manufacturing is an economic industry that continues to focus on delivering high-quality machinery parts on time. Laser interferometers are used to inspect and measure integrated data in production processes and for quality control and ensuring complete maintenance of the production process in general manufacturing and precision machining.
Laser interferometer market in APAC to grow at the highest CAGR during the forecast period
The laser interferometer market in APAC is expected to grow at the highest CAGR during the forecast period. The wide-scale adoption of optical measurement technologies for industrial applications is the key factor supporting market growth in this region. This growth can also be attributed to the increasing use of laser interferometers in the automotive, aerospace & defense, and industrial verticals in developing countries such as India and China. The increasing adoption of precision measurement by manufacturers in APAC, with a focus on accuracy and reliability of the manufactured products, is further expected to propel the growth of the laser interferometer market in APAC.
Key players in the market include Renishaw plc (UK), Keysight Technologies, Inc. (US), SIOS Meßtechnik GmbH (Germany), Zygo Corporation (US), Mahr Inc. (US), Carl Zeiss (Germany), 4D Technology Corporation (US), Olympus Corporation (Japan), Status Pro Maschinenmesstechnik GmbH (Germany), and Logitech Limited (UK). These players are increasingly undertaking product launches and developments, acquisitions, collaborations, agreements, partnerships, and expansions, to increase their market shares.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441