LAMEA Shape Measuring Devices Market

LAMEA Shape Measuring Devices Market Size, Share & Industry Trends Analysis Report By Type, By Sales Channel (In-store and Online), By Application (Cutting Edge, Cutting Tool and Others), By Country and Growth Forecast, 2023 - 2029

Report Id: KBV-15229 Publication Date: April-2023 Number of Pages: 78
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Market Report Description

The Latin America, Middle East and Africa Shape Measuring Devices Market would witness market growth of 7.0% CAGR during the forecast period (2023-2029).

The Fringe projection profilometry (FPP) technique can collect precise 3D form data, and the fringe patterns can be used to generate a high-quality texture map. DIC is a popular and effective full-field analysis approach for performing displacement and deformation analysis based on the similarity of the image intensity distribution before and after deformation. As a result, it is used to accomplish precise and pixel-by-pixel image tracking. The workpieces' diameter, length, spacing, shape, and location are all checked by dimensional metrology. For this reason, pneumatic, tactile, and visual measurements are all used.

Depending on the measuring task one wants to carry out, one must choose the appropriate metrology. With a very high resolution, pneumatic metrology dazzles. Its exceptional durability and resistance to filth make it perfect for use in demanding manufacturing environments in the industry. Using contact probes, the tactile approach instantly records the measured values. For multipoint metrology, tactile probes are frequently utilized. In order to maintain a low cycle time for these operations, it is necessary to promptly identify each measured value. In addition to being incredibly adaptable, the optical approach also makes measurements in a very brief amount of time.

The UAE's automobile sector is one of the most vibrant in the region due to cheap gasoline, low import tariffs, high per capita disposable income, and a favorable tax structure. Also, people find it considerably simpler to purchase cars in the UAE because of appealing insurance and financing alternatives. The forecast is especially promising for the sales of motorbikes, electric and hybrid vehicles, and premium autos. Moreover, purchasing a car should continue to be a top priority for new residents, given the likelihood of an increase in migration from nearby nations. Hence, with the surge in the adoption of vehicles like EVs and luxury cars, the demand for shape measuring is anticipated to increase to assist the production of vehicles and thereby drive the market growth in LAMEA.

The Brazil market dominated the LAMEA Shape Measuring Devices Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $32.6 Million by 2029. The Argentina market is experiencing a CAGR of 7.6% during (2023 - 2029). Additionally, The UAE market would display a CAGR of 6.7% during (2023 - 2029).

Based on Type, the market is segmented into Optical, 3D and Others. Based on Sales Channel, the market is segmented into In-store and Online. Based on Application, the market is segmented into Cutting Edge, Cutting Tool 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 Worldwide Shape Measuring Devices Market is Projected to reach USD 1.9 Billion by 2029, at a CAGR of 4.8%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alicona Imaging GmbH (Bruker Corporation), Ametek, Inc., Horiba Ltd., Obishi Keiki Seisakusho Co., Ltd., Alpa Metrology S.r.l., QPT Innovative Technik Handels GmbH, Microtrac Retsch GmbH (Verder Scientific GmbH & Co. KG), SmartVision S.r.l, Clemex Technologies Inc. and Scantron Industrial Products Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Optical
  • 3D
  • Others

By Sales Channel

  • In-store
  • Online

By Application

  • Cutting Edge
  • Cutting Tool
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Alicona Imaging GmbH (Bruker Corporation)
  • Ametek, Inc.
  • Horiba Ltd.
  • Obishi Keiki Seisakusho Co., Ltd.
  • Alpa Metrology S.r.l.
  • QPT Innovative Technik Handels GmbH
  • Microtrac Retsch GmbH (Verder Scientific GmbH & Co. KG)
  • SmartVision S.r.l
  • Clemex Technologies Inc.
  • Scantron Industrial Products Ltd
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