The Latin America, Middle East and Africa Laser Tracker Market would witness market growth of 10.4% CAGR during the forecast period (2022-2028).
The laser tracker has a continuous measurement capability. As a result, information on crucial topics like thermal growth and shrinkage can be gathered while making the adjustment, and the laser tracker can safely follow moving machinery without the need for human intervention. The laser tracker can actually be operated by just one person because it is computer-controlled.
However, a two-man crew is typically much more time-effective for laser tracker projects. It is still more affordable than conventional metrology measuring tools, even with a two-man crew. The basis of laser tracker technology is the combination of two methods that is a distance metre for measuring absolute distance & angular encoders for measuring the mechanical axes of the laser tracker, which are azimuth and elevation (or zenith).
A retro-reflective target that is either held or mounted on the object to be measured receives a low-power laser beam from laser trackers. The target reflects light, which then enters the tracker at the same point it left from. When light enters the tracker again, the distance metre analyses it to determine how far away the retro-reflector is from the tracker. The laser tracker also takes into consideration Earth's level, which is an important factor in many calculations.
Dubai's economy is largely driven by the travel & tourism industry. Hotels, restaurants, MICE (meetings, incentives, conferences, and exhibitions), travel services, and destinations, as well as thematic tourism, are the main components of Dubai's tourism industry. International medical tourists can now book procedures and access a variety of tourism services, including direct contact with healthcare providers, scheduling appointments, hotels, transportation, and other leisure activities, due to the launch of medical tourism portals by the UAE.
The Brazil market dominated the LAMEA Laser Tracker Market by Country in 2021; thereby, achieving a market value of $15.8 million by 2028. The Argentina market is experiencing a CAGR of 11% during (2022 - 2028). Additionally, The UAE market is poised to witness a CAGR of 10.1% during (2022 - 2028).
Based on Offering, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into Quality Control & Inspection, Alignment, Reverse Engineering, and Calibration. Based on Industry, the market is segmented into Automotive, Aerospace & Defense, Energy & Power, General Manufacturing, Architecture & Construction, Transportation, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Laser Tracker Market is Predict to reach $920 Million by 2028, at a CAGR of 6.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include FARO Technologies, Inc., 3D Systems Corporation, Hexagon AB, Automated Precision, Inc., Mitutoyo Corporation, InnovMetric Software, Inc., PLX, Inc., Chotest Technology, Inc., VMT GmbH (Herrenknecht AG group of companies) and Hubbs Machine & Manufacturing, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
By Application
- Quality Control & Inspection
- Alignment
- Reverse Engineering
- Calibration
By Industry
- Automotive
- Aerospace & Defense
- Energy & Power
- General Manufacturing
- Architecture & Construction
- Transportation
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- FARO Technologies, Inc.
- 3D Systems Corporation
- Hexagon AB
- Automated Precision, Inc.
- Mitutoyo Corporation
- InnovMetric Software, Inc.
- PLX, Inc.
- Chotest Technology, Inc.
- VMT GmbH (Herrenknecht AG group of companies)
- Hubbs Machine & Manufacturing, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Laser Tracker Market, by Offering
1.4.2 LAMEA Laser Tracker Market, by Application
1.4.3 LAMEA Laser Tracker Market, by Industry
1.4.4 LAMEA Laser Tracker Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Apr – 2022, Aug) Leading Players
Chapter 4. LAMEA Laser Tracker Market by Offering
4.1 LAMEA Hardware Market by Country
4.2 LAMEA Software Market by Country
4.3 LAMEA Services Market by Country
Chapter 5. LAMEA Laser Tracker Market by Application
5.1 LAMEA Quality Control & Inspection Market by Country
5.2 LAMEA Alignment Market by Country
5.3 LAMEA Reverse Engineering Market by Country
5.4 LAMEA Calibration Market by Country
Chapter 6. LAMEA Laser Tracker Market by Industry
6.1 LAMEA Automotive Market by Country
6.2 LAMEA Aerospace & Defense Market by Country
6.3 LAMEA Energy & Power Market by Country
6.4 LAMEA General Manufacturing Market by Country
6.5 LAMEA Architecture & Construction Market by Country
6.6 LAMEA Transportation Market by Country
6.7 LAMEA Others Market by Country
Chapter 7. LAMEA Laser Tracker Market by Country
7.1 Brazil Laser Tracker Market
7.1.1 Brazil Laser Tracker Market by Offering
7.1.2 Brazil Laser Tracker Market by Application
7.1.3 Brazil Laser Tracker Market by Industry
7.2 Argentina Laser Tracker Market
7.2.1 Argentina Laser Tracker Market by Offering
7.2.2 Argentina Laser Tracker Market by Application
7.2.3 Argentina Laser Tracker Market by Industry
7.3 UAE Laser Tracker Market
7.3.1 UAE Laser Tracker Market by Offering
7.3.2 UAE Laser Tracker Market by Application
7.3.3 UAE Laser Tracker Market by Industry
7.4 Saudi Arabia Laser Tracker Market
7.4.1 Saudi Arabia Laser Tracker Market by Offering
7.4.2 Saudi Arabia Laser Tracker Market by Application
7.4.3 Saudi Arabia Laser Tracker Market by Industry
7.5 South Africa Laser Tracker Market
7.5.1 South Africa Laser Tracker Market by Offering
7.5.2 South Africa Laser Tracker Market by Application
7.5.3 South Africa Laser Tracker Market by Industry
7.6 Nigeria Laser Tracker Market
7.6.1 Nigeria Laser Tracker Market by Offering
7.6.2 Nigeria Laser Tracker Market by Application
7.6.3 Nigeria Laser Tracker Market by Industry
7.7 Rest of LAMEA Laser Tracker Market
7.7.1 Rest of LAMEA Laser Tracker Market by Offering
7.7.2 Rest of LAMEA Laser Tracker Market by Application
7.7.3 Rest of LAMEA Laser Tracker Market by Industry
Chapter 8. Company Profiles
8.1 FARO Technologies, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 3D Systems Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Hexagon AB
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.4 Automated Precision, Inc.
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreement:
8.4.2.2 Product Launches and Product Expansions:
8.5 Mitutoyo Corporation
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.6 InnovMetric Software, Inc.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Product Launches and Product Expansions:
8.7 PLX, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Acquisition and Mergers:
8.8 Chotest Technology, Inc.
8.8.1 Company Overview
8.9 VMT GmbH (Herrenknecht AG group of companies)
8.9.1 Company Overview
8.10. Hubbs Machine & Manufacturing, Inc.
8.10.1 Company Overview
TABLE 1 LAMEA Laser Tracker Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Laser Tracker Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Laser Tracker Market
TABLE 4 Product Launches And Product Expansions– Laser Tracker Market
TABLE 5 Acquisition and Mergers– Laser Tracker Market
TABLE 6 LAMEA Laser Tracker Market by Offering, 2018 - 2021, USD Million
TABLE 7 LAMEA Laser Tracker Market by Offering, 2022 - 2028, USD Million
TABLE 8 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA Laser Tracker Market by Application, 2018 - 2021, USD Million
TABLE 15 LAMEA Laser Tracker Market by Application, 2022 - 2028, USD Million
TABLE 16 LAMEA Quality Control & Inspection Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Quality Control & Inspection Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Alignment Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Alignment Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Reverse Engineering Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Reverse Engineering Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Calibration Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Calibration Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Laser Tracker Market by Industry, 2018 - 2021, USD Million
TABLE 25 LAMEA Laser Tracker Market by Industry, 2022 - 2028, USD Million
TABLE 26 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Energy & Power Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Energy & Power Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA General Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA General Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Architecture & Construction Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Architecture & Construction Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Transportation Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Transportation Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 40 LAMEA Laser Tracker Market by Country, 2018 - 2021, USD Million
TABLE 41 LAMEA Laser Tracker Market by Country, 2022 - 2028, USD Million
TABLE 42 Brazil Laser Tracker Market, 2018 - 2021, USD Million
TABLE 43 Brazil Laser Tracker Market, 2022 - 2028, USD Million
TABLE 44 Brazil Laser Tracker Market by Offering, 2018 - 2021, USD Million
TABLE 45 Brazil Laser Tracker Market by Offering, 2022 - 2028, USD Million
TABLE 46 Brazil Laser Tracker Market by Application, 2018 - 2021, USD Million
TABLE 47 Brazil Laser Tracker Market by Application, 2022 - 2028, USD Million
TABLE 48 Brazil Laser Tracker Market by Industry, 2018 - 2021, USD Million
TABLE 49 Brazil Laser Tracker Market by Industry, 2022 - 2028, USD Million
TABLE 50 Argentina Laser Tracker Market, 2018 - 2021, USD Million
TABLE 51 Argentina Laser Tracker Market, 2022 - 2028, USD Million
TABLE 52 Argentina Laser Tracker Market by Offering, 2018 - 2021, USD Million
TABLE 53 Argentina Laser Tracker Market by Offering, 2022 - 2028, USD Million
TABLE 54 Argentina Laser Tracker Market by Application, 2018 - 2021, USD Million
TABLE 55 Argentina Laser Tracker Market by Application, 2022 - 2028, USD Million
TABLE 56 Argentina Laser Tracker Market by Industry, 2018 - 2021, USD Million
TABLE 57 Argentina Laser Tracker Market by Industry, 2022 - 2028, USD Million
TABLE 58 UAE Laser Tracker Market, 2018 - 2021, USD Million
TABLE 59 UAE Laser Tracker Market, 2022 - 2028, USD Million
TABLE 60 UAE Laser Tracker Market by Offering, 2018 - 2021, USD Million
TABLE 61 UAE Laser Tracker Market by Offering, 2022 - 2028, USD Million
TABLE 62 UAE Laser Tracker Market by Application, 2018 - 2021, USD Million
TABLE 63 UAE Laser Tracker Market by Application, 2022 - 2028, USD Million
TABLE 64 UAE Laser Tracker Market by Industry, 2018 - 2021, USD Million
TABLE 65 UAE Laser Tracker Market by Industry, 2022 - 2028, USD Million
TABLE 66 Saudi Arabia Laser Tracker Market, 2018 - 2021, USD Million
TABLE 67 Saudi Arabia Laser Tracker Market, 2022 - 2028, USD Million
TABLE 68 Saudi Arabia Laser Tracker Market by Offering, 2018 - 2021, USD Million
TABLE 69 Saudi Arabia Laser Tracker Market by Offering, 2022 - 2028, USD Million
TABLE 70 Saudi Arabia Laser Tracker Market by Application, 2018 - 2021, USD Million
TABLE 71 Saudi Arabia Laser Tracker Market by Application, 2022 - 2028, USD Million
TABLE 72 Saudi Arabia Laser Tracker Market by Industry, 2018 - 2021, USD Million
TABLE 73 Saudi Arabia Laser Tracker Market by Industry, 2022 - 2028, USD Million
TABLE 74 South Africa Laser Tracker Market, 2018 - 2021, USD Million
TABLE 75 South Africa Laser Tracker Market, 2022 - 2028, USD Million
TABLE 76 South Africa Laser Tracker Market by Offering, 2018 - 2021, USD Million
TABLE 77 South Africa Laser Tracker Market by Offering, 2022 - 2028, USD Million
TABLE 78 South Africa Laser Tracker Market by Application, 2018 - 2021, USD Million
TABLE 79 South Africa Laser Tracker Market by Application, 2022 - 2028, USD Million
TABLE 80 South Africa Laser Tracker Market by Industry, 2018 - 2021, USD Million
TABLE 81 South Africa Laser Tracker Market by Industry, 2022 - 2028, USD Million
TABLE 82 Nigeria Laser Tracker Market, 2018 - 2021, USD Million
TABLE 83 Nigeria Laser Tracker Market, 2022 - 2028, USD Million
TABLE 84 Nigeria Laser Tracker Market by Offering, 2018 - 2021, USD Million
TABLE 85 Nigeria Laser Tracker Market by Offering, 2022 - 2028, USD Million
TABLE 86 Nigeria Laser Tracker Market by Application, 2018 - 2021, USD Million
TABLE 87 Nigeria Laser Tracker Market by Application, 2022 - 2028, USD Million
TABLE 88 Nigeria Laser Tracker Market by Industry, 2018 - 2021, USD Million
TABLE 89 Nigeria Laser Tracker Market by Industry, 2022 - 2028, USD Million
TABLE 90 Rest of LAMEA Laser Tracker Market, 2018 - 2021, USD Million
TABLE 91 Rest of LAMEA Laser Tracker Market, 2022 - 2028, USD Million
TABLE 92 Rest of LAMEA Laser Tracker Market by Offering, 2018 - 2021, USD Million
TABLE 93 Rest of LAMEA Laser Tracker Market by Offering, 2022 - 2028, USD Million
TABLE 94 Rest of LAMEA Laser Tracker Market by Application, 2018 - 2021, USD Million
TABLE 95 Rest of LAMEA Laser Tracker Market by Application, 2022 - 2028, USD Million
TABLE 96 Rest of LAMEA Laser Tracker Market by Industry, 2018 - 2021, USD Million
TABLE 97 Rest of LAMEA Laser Tracker Market by Industry, 2022 - 2028, USD Million
TABLE 98 Key Information – FARO Technologies, Inc.
TABLE 99 Key Information – 3D Systems Corporation
TABLE 100 Key information – Hexagon AB
TABLE 101 Key Information – Automated Precision, Inc.
TABLE 102 Key Information – mitutoyo Corporation
TABLE 103 Key Information – InnovMetric Software, Inc.
TABLE 104 Key Information – PLX, Inc.
TABLE 105 Key Information – Chotest Technology, Inc.
TABLE 106 Key Information – VMT GmbH
TABLE 107 Key information – Hubbs Machine & Manufacturing, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Apr – 2022, Aug) Leading Players
FIG 5 Recent strategies and developments: FARO Technologies, Inc.
FIG 6 SWOT Analysis: FARO Technologies, Inc.
FIG 7 SWOT Analysis: 3D Systems Corporation
FIG 8 Recent strategies and developments: Hexagon AB
FIG 9 Recent strategies and developments: Automated Precision, Inc.
FIG 10 Recent strategies and developments: Mitutoyo Corporation