Laser Tracker Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2021 – 2026)
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• The global Laser Tracker Market is poised to reach $725.6 million by 2026, advancing at CAGR 10.9% during the forecast period 2021-2026. •
Laser Tracker is generally used for large dimensional metrology such as reverse engineering, quality control & inspection, dynamic measurement and so on.
• The demand for quality control & inspection, robot tracking, alignment and calibration leads to the adoption of laser technology based trackers across various industries such as aerospace & defense, automotive, engineering and so on, acts as a major driver for the growth of the market during the forecast period 2021-2026. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways • The top companies in the Laser Tracker Market are FARO, API Metrology, Hexagon, VMT GmbH, On-Trak Photonics Inc, SGS, Variation Reduction Solutions Inc, Brunson Instrument Company, PLX Inc and Hubbs Machine and Manufacturing Inc. • Aerospace and Defense Industry is analyzed to hold highest share and grow at CAGR of 7.9% during the forecast period 2021-2026, owing to wide range of applications. • Europe dominated the Laser Tracker Market in 2020 with a share in excess of 35.1%, owing to rise in usage of Laser Trackers. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis By Application the market is dominated by Quality Control and Inspection segment which accounts for a share of 32% in 2020. It is also used to locate the position of a part of a machine to get accuracy even if the machine is not in working condition. Laser Trackers can also be used for 3D error mapping of all aircraft machine’s major axes. In April 2019, API Metrology announced the launch of RADIAN- Scan Scanning Laser Tracker which aimed for 3D scanning and reverse engineering, can be used in Aerospace and Automotive Industry. It can be paired with API iscan to provide fast, highly accurate and ultra productive solution to the generation of point clouds. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Laser Tracker Market Industry Outlook • • • • • • • • • •
FARO Technologies Inc API Metrology Hexagon VMT GmbH On-Trak Photonics Inc SGS Variation Reduction Solutions Inc Brunson Instrument Company PLX Inc Hubbs Machine
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Laser Tracker Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2021 – 2026) Learn More About the Report
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