Product Code: ETC027164 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India optical measuring instruments market is estimated to reach a size of USD 5.2 billion by 2031, growing at a CAGR of 8.7% during the forecast period 2025-2031. Optical measuring instruments are devices used for producing precise measurements and images of objects or surfaces in order to analyze them for various purposes such as quality inspection, product verification etc. Some major types of optical measuring instruments include microscopes, image processing systems, laser scanners and interferometers among others which find applications across industries like automotive, defense & aerospace and medical & healthcare among others.
The rising demand from end user industrial verticals like automotive industry is expected to drive the growth of India?s optical measuring instrument market over the coming years due to its ability to provide highly accurate data related to components that need testing in order to ensure their proper functioning. In addition, increasing investments on R&D activities coupled with technological advancements have led manufacturers towards development innovative solutions which is further driving the market growth in India. Moreover, rising consumer demand for advanced technology products will also create more opportunities for companies operating in this space over the next few years
India optical measuring equipment market has witnessed a surge in adoption owing rapid advances made towards technologies such as AI enabled systems and 3D imaging primarily driven by increased investment inflows into sectors such as manufacturing from foreign investors particularly Chinese ones who make use of these tools extensively while carrying out production processes. Furthermore government initiatives aimed at making Indian cities smart often includes usage sensors/cameras fitted with advanced imaging capabilities which will propel further growth within this segment going forward
High cost associated with procuring these devices along with lack of awareness amongst domestic players about benefits offered by these tools might act as impediments restricting wider scale adoption , although recent tax relaxations imposed by government should help tackle some issues related too high pricing .Moreover availability skilled personnel necessary operate utilization effectively may be another factor hampering overall expansion plans.
Nikon Corporation , Zeiss International AG , Olympus Corporation , Keyence Corporation , Renishaw plc., Mitutoyo Corporation etc are some key players offering Optical Measuring Instruments presently .
The outbreak caused massive disruption across all sectors including manufacturing which adversely affected demand for OMI?s given most factories either reduced production levels significantly or shut down completely . Although there has been gradual
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Optical Measuring Instruments Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Optical Measuring Instruments Market Revenues & Volume, 2021 & 2031F |
3.3 India Optical Measuring Instruments Market - Industry Life Cycle |
3.4 India Optical Measuring Instruments Market - Porter's Five Forces |
3.5 India Optical Measuring Instruments Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Optical Measuring Instruments Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 India Optical Measuring Instruments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Optical Measuring Instruments Market Trends |
6 India Optical Measuring Instruments Market, By Types |
6.1 India Optical Measuring Instruments Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Optical Measuring Instruments Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Optical Measuring Instruments Market Revenues & Volume, By Measuring microscope, 2021-2031F |
6.1.4 India Optical Measuring Instruments Market Revenues & Volume, By Video measuring machines (VMM), 2021-2031F |
6.1.5 India Optical Measuring Instruments Market Revenues & Volume, By Measuring Projectors/Profile Projectors, 2021-2031F |
6.1.6 India Optical Measuring Instruments Market Revenues & Volume, By Interferometer, 2021-2031F |
6.1.7 India Optical Measuring Instruments Market Revenues & Volume, By Autocollimator, 2021-2031F |
6.1.8 India Optical Measuring Instruments Market Revenues & Volume, By Reflectometer, 2021-2031F |
6.2 India Optical Measuring Instruments Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 India Optical Measuring Instruments Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 India Optical Measuring Instruments Market Revenues & Volume, By Medical & Healthcare, 2021-2031F |
6.2.4 India Optical Measuring Instruments Market Revenues & Volume, By Research & Development, 2021-2031F |
7 India Optical Measuring Instruments Market Import-Export Trade Statistics |
7.1 India Optical Measuring Instruments Market Export to Major Countries |
7.2 India Optical Measuring Instruments Market Imports from Major Countries |
8 India Optical Measuring Instruments Market Key Performance Indicators |
9 India Optical Measuring Instruments Market - Opportunity Assessment |
9.1 India Optical Measuring Instruments Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Optical Measuring Instruments Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 India Optical Measuring Instruments Market - Competitive Landscape |
10.1 India Optical Measuring Instruments Market Revenue Share, By Companies, 2024 |
10.2 India Optical Measuring Instruments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |