Laser Interferometer Market Research Outlines Huge Growth In Market 2016 – 2024

Laser Interferometer Market: Overview

Laser interferometer is a system which uses laser as a source of light because of the high intrinsic brilliance and monochromaticity of laser lights. These systems offer the advantages of nano scale and long distance measurements. Laser interferometers also offer the combination of precise resolution and accuracy which makes it applicable for flat panel inspection, wafer steppers and nano scale micromachining. They were developed for meeting the growing demands of high precision displacement calibration in the automotive and semiconductor industries. However, the precision of these interferometers changes with the way they are used and time. Therefore, they are prone to errors if they are not calibrated on a regular basis.

Laser Interferometer Market: Growth Enablers and Restraints

The major application areas of laser interferometers are in electronic manufacturing, automotive and machine shop. Automotive industry accounts for the major application area of these the laser interferometers. These systems are also used widely in the semiconductor industry. The semiconductor and automotive industries continuously require these high-quality systems in order to produce highly precise and complex parts. Laser interferometers are used in machine shops for checking the accurate measuring of the industrial parts. Other application areas of laser interferometers include consumer electronics, ophthalmology and defense & aerospace. The defense and aerospace sector is providing growth opportunities to the global laser interferometer market.

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Laser Interferometer Market: Key Players

The major companies leading the laser interferometer market are Renishaw (UK), Agilent (Keysight) (USA), Optodyne (USA), API Corporation (USA), Tosei Corporation (Minato), Zygo Corporation (Middlefield, Connecticut), Carl Zeiss AG (Germany) and Aerotech Inc. (Pittsburgh) among others.

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The increase in demand for laser interferometers in the automotive sector is primarily driving the global market. The key applications of laser interferometers in this sector include alignment, dimensional measurement, profiling and control. Moreover, potential growth opportunities of the laser interferometer market in Asia Pacific are also boosting its growth globally. Many companies in this region are trying to establish global presence by setting up their plants.

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.


Laser Interferometer Market: Segmentation

The global laser interferometer market can be segmented, on the basis of types into intelligent single-axis systems and multi-axis systems. The market for laser interferometers can be segmented based on its application areas into a wide range of industries including automotive, consumer electronics, semiconductor, ophthalmology and defense & aerospace. Furthermore, the laser interferometer market is geographically bifurcated into five broad regions, namely: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America.

The laser interferometer market is witnessing high growth in the Asia Pacific region. The requirement of critical measurement systems in the automotive, electronic manufacturing and defense & aerospace end-user sectors is paving the way for continuous growth of the laser interferometer market in this region.

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TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place.  All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.