Autocollimators Market Size Worth $106.56 Million By 2032 | CAGR: 5.7%

The global autocollimators market size is expected to reach USD 106.56 million by 2032, according to a new study by Polaris Market Research. The report “Autocollimators Market Share, Size, Trends, Industry Analysis Report, By Product Type (Electronic & Digital, Visual, and Others); By Application; By End User; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing demand for autocollimators from 3D printing and additive manufacturing industries for the accurate alignment of print heads and better calibration and maintenance and surging proliferation for real-time data extraction, process optimization, and automation across different industries, are among the prominent factors influencing the market growth.

Moreover, growing regulatory initiatives and programs promoting the production of product and establishment of new innovation hubs particularly in developing economies and rising R&D efforts to develop more precise and innovated solutions, positively influencing the market growth.

• For instance, in September 2023, TRIOPTICS, announced the launch of its new image quality testing of electronic camera modules with the range of -40ºC to 120ºC, and could be used in various safety-critical applications like automotive, defense, and surveillance.

With the growing advancements in emerging technologies like 3D printing, virtual reality, and augmented reality all over the world, the demand and adoption of autocollimators for the precise calibration and alignment of optical components efficiently in these applications will also increases at significant pace.

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The growing advancements in autocollimators capabilities and development and introduction to digital autocollimators which incorporates digital cameras and image processing technology to provide precise digital readouts, while enhancing the overall measurement accuracy and makes data recording and analysis more efficient compared to traditional autocollimators, has been propelling the global market growth substantially over the years.

In the recent years, there is an increasing popularity for autocollimators with remote sensing capabilities which allow users to perform measurements from a longer distance and makes them a highly preferred and suitable option for challenging or hazardous environments. Also, the rising adoption of interferometric techniques in autocollimators to make them able to provide ultra-high precision for angle measurements, is also gaining huge traction and generating growth potential for the market.

Autocollimators Market Report Highlights

• Electronic & digital segment accounted for notable share, owing to rapid expansion of electronic industry that often requires precise angle measurement solutions
• Alignment & positioning segment held the majority market share, mainly driven by growing need for high-precision in industries like automotive and aerospace
• Research institutes segment will grow at fastest pace, mainly due to widespread use of precise angle measurement tools in research laboratories for different purposes
• Asia Pacific dominated the global market with considerable share, on account of region’s quick adoption for automation and rising industrialization rate
• The key market players include Nikon Metrology, Shanghai Institute of Optical Equipment, Faro Technologies, Duma Optronics, Carl Zeiss, and Logitech Limited

Polaris Market Research has segmented the autocollimators market report based on product type, application, end user, and region:

Autocollimators, Product Type Outlook (Revenue - USD Million, 2023 - 2032)

• Electronic & Digital
• Visual
• Others

Autocollimators, Application Outlook (Revenue - USD Million, 2023 - 2032)

• Alignment and Positioning
• Surface Flatness Measurement
• Angle Measurement
• Wavefront Measurement

Autocollimators, End User Outlook (Revenue - USD Million, 2023 - 2032)

• Research Institutes
• Automotive
• Aerospace
• Military
• Others

Autocollimators, Regional Outlook (Revenue - USD Million, 2023 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Autocollimators Market Report Scope