Laser Tracker System Market
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Laser Tracker System Market is expected to reach US $723.17 billion at a CAGR of XX % during forecast year.
Laser tracker system is used for measuring the three-dimension aspects of large object during the manufacturing process. Laser tracker provides accuracy, reliability and quality of inspection in manufacturing process. Recently, Laser tracker is used in robot tracking, calibration, testing and maintenance.
Increasing adoption of new technical trends in 3D measurement technics and need for quality & inspection, calibration to form accurate and reliable manufacturing process are driving the laser tracker system market. Availability of substitutes such as laser radars for inspection is limiting the growth of the laser tracker market.
Laser Tracker System MarketThe report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Laser tracker system market is segmented by industry, application and region. Based on the industry laser tracking market is energy & power, general manufacturing, architecture & construction, transportation, automotive, aerospace & defence. Aerospace & defence industry is expected to grow laser tracker system market with high rate of CAGR. Laser trackers are used in 3D measurement and reverse engineering. Laser tracker provides accuracy for alignment in weapon system, shaft and rail alignment, aircraft rigging, RADAR dish profiling. The laser tracker widely used in applications such as reverse engineering and calibration owing to its portability. In the aerospace industry jig component inspection and wing component assembly can be done using laser tracker system.
Based on the application laser tracker is used in array of application such as reverse engineering, calibration, quality & inspection and alignment. Quality & inspection is expected to high grow in laser tracker system market owing to growing demand for laser tracker in manufacturing industry such as automotive, aerospace & defence. Manufacturer uses laser tracker to quality control the manufacturing process which helps to meet customer requirements.
In region, Asia-Pacific is expected to reach high grow in laser tracker system market owing to increasing demand by automotive industry adopting new technics such as laser tracker for quality control calibration. Government of developing economies takes initiative in robotics industry is key player for the growth for laser tracking market in Asia-Pacific region.
Key Players Profiled and Analised in the Report
API, Hexagon, PLX Inc., VMT GmbH, Hubbs Machine and Manufacturing Inc. SGS, Brunson Instrument Company, Faro, On-Trak Photonics Inc., Variation Reduction Solutions, Inc.
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Last Update : Jul 28, 2020
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