The North America Shape Measuring Devices Market would witness market growth of 4.6% CAGR during the forecast period (2023-2029).
Devices that measure shapes can be utilized in a wide number of industries, including the ones dealing with steel and metal, electronics, medicine, aerospace, defense, and micro precise production, amongst others. Developing countries in a variety of locations are seeing an exponential growth in their population, which has resulted in a large increase in the demand for vital goods such as consumer electronics, personal care products, food and beverage, and pharmaceuticals.
Because of the rise in demand for consumer goods, there has been an increase in the requirement for manufacturing machinery. This, in turn, has led to an increase in the utilization of shape measuring devices for the purpose of repair and maintenance of machineries. The most important companies in this sector are beginning to provide small-scale metal production businesses with specialized devices for shape measurement. It is anticipated that occurrences such as these will propel growth in the market for form measurement devices.
Canada continues to be one of the greatest aerospace industries in the world, ranking first in the manufacture of civil flight simulators, third in that of civil engines, and fourth in that of civil aircraft. The Canadian aerospace industry is around 80% civil and 20% military. Montréal is amongst the largest aerospace center in the world and accounts for more than 70% of Canadian aerospace R&D. (R&D). Canada accounts for 5% of aerospace sales globally, whereas Quebec alone accounts for 3%. The high investment and the increasing aerospace and defense sector in the region are expected to surge the utilization of shape measuring devices for construction of precise tools and devices, propelling the market growth in the region.
The US market dominated the North America Shape Measuring Devices Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $389.1 Million by 2029. The Canada market is poised to grow at a CAGR of 6.6% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 6.4% 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 U.S., Mexico, Canada, and Rest of North America.
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
By Sales Channel
By Application
- Cutting Edge
- Cutting Tool
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Shape Measuring Devices Market, by Type
1.4.2 North America Shape Measuring Devices Market, by Sales Channel
1.4.3 North America Shape Measuring Devices Market, by Application
1.4.4 North America Shape Measuring Devices 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. Strategies Deployed in Shape Measuring Devices Market
Chapter 4. North America Shape Measuring Devices Market by Type
4.1 North America Optical Market by Country
4.2 North America 3D Market by Country
4.3 North America Others Market by Country
Chapter 5. North America Shape Measuring Devices Market by Sales Channel
5.1 North America In-store Market by Country
5.2 North America Online Market by Country
Chapter 6. North America Shape Measuring Devices Market by Application
6.1 North America Cutting Edge Market by Country
6.2 North America Cutting Tool Market by Country
6.3 North America Others Market by Country
Chapter 7. North America Shape Measuring Devices Market by Country
7.1 US Shape Measuring Devices Market
7.1.1 US Shape Measuring Devices Market by Type
7.1.2 US Shape Measuring Devices Market by Sales Channel
7.1.3 US Shape Measuring Devices Market by Application
7.2 Canada Shape Measuring Devices Market
7.2.1 Canada Shape Measuring Devices Market by Type
7.2.2 Canada Shape Measuring Devices Market by Sales Channel
7.2.3 Canada Shape Measuring Devices Market by Application
7.3 Mexico Shape Measuring Devices Market
7.3.1 Mexico Shape Measuring Devices Market by Type
7.3.2 Mexico Shape Measuring Devices Market by Sales Channel
7.3.3 Mexico Shape Measuring Devices Market by Application
7.4 Rest of North America Shape Measuring Devices Market
7.4.1 Rest of North America Shape Measuring Devices Market by Type
7.4.2 Rest of North America Shape Measuring Devices Market by Sales Channel
7.4.3 Rest of North America Shape Measuring Devices Market by Application
Chapter 8. Company Profiles
8.1 Alicona Imaging GmbH (Bruker Corporation)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.2 Ametek, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.3 Horiba Ltd.
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 Obishi Keiki Seisakusho Co., Ltd.
8.4.1 Company Overview
8.5 Alpa Metrology S.r.l.
8.5.1 Company Overview
8.6 QPT Innovative Technik Handels GmbH
8.6.1 Company Overview
8.7 Microtrac Retsch GmbH (Verder Scientific GmbH & Co. KG)
8.7.1 Company Overview
8.8 SmartVision S.r.l
8.8.1 Company Overview
8.9 Clemex Technologies Inc.
8.9.1 Company Overview
8.10. Scantron Industrial Products Ltd
8.10.1 Company Overview
TABLE 1 North America Shape Measuring Devices Market, 2019 - 2022, USD Million
TABLE 2 North America Shape Measuring Devices Market, 2023 - 2029, USD Million
TABLE 3 North America Shape Measuring Devices Market by Type, 2019 - 2022, USD Million
TABLE 4 North America Shape Measuring Devices Market by Type, 2023 - 2029, USD Million
TABLE 5 North America Optical Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Optical Market by Country, 2023 - 2029, USD Million
TABLE 7 North America 3D Market by Country, 2019 - 2022, USD Million
TABLE 8 North America 3D Market by Country, 2023 - 2029, USD Million
TABLE 9 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Shape Measuring Devices Market by Sales Channel, 2019 - 2022, USD Million
TABLE 12 North America Shape Measuring Devices Market by Sales Channel, 2023 - 2029, USD Million
TABLE 13 North America In-store Market by Country, 2019 - 2022, USD Million
TABLE 14 North America In-store Market by Country, 2023 - 2029, USD Million
TABLE 15 North America Online Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Online Market by Country, 2023 - 2029, USD Million
TABLE 17 North America Shape Measuring Devices Market by Application, 2019 - 2022, USD Million
TABLE 18 North America Shape Measuring Devices Market by Application, 2023 - 2029, USD Million
TABLE 19 North America Cutting Edge Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Cutting Edge Market by Country, 2023 - 2029, USD Million
TABLE 21 North America Cutting Tool Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Cutting Tool Market by Country, 2023 - 2029, USD Million
TABLE 23 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 25 North America Shape Measuring Devices Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Shape Measuring Devices Market by Country, 2023 - 2029, USD Million
TABLE 27 US Shape Measuring Devices Market, 2019 - 2022, USD Million
TABLE 28 US Shape Measuring Devices Market, 2023 - 2029, USD Million
TABLE 29 US Shape Measuring Devices Market by Type, 2019 - 2022, USD Million
TABLE 30 US Shape Measuring Devices Market by Type, 2023 - 2029, USD Million
TABLE 31 US Shape Measuring Devices Market by Sales Channel, 2019 - 2022, USD Million
TABLE 32 US Shape Measuring Devices Market by Sales Channel, 2023 - 2029, USD Million
TABLE 33 US Shape Measuring Devices Market by Application, 2019 - 2022, USD Million
TABLE 34 US Shape Measuring Devices Market by Application, 2023 - 2029, USD Million
TABLE 35 Canada Shape Measuring Devices Market, 2019 - 2022, USD Million
TABLE 36 Canada Shape Measuring Devices Market, 2023 - 2029, USD Million
TABLE 37 Canada Shape Measuring Devices Market by Type, 2019 - 2022, USD Million
TABLE 38 Canada Shape Measuring Devices Market by Type, 2023 - 2029, USD Million
TABLE 39 Canada Shape Measuring Devices Market by Sales Channel, 2019 - 2022, USD Million
TABLE 40 Canada Shape Measuring Devices Market by Sales Channel, 2023 - 2029, USD Million
TABLE 41 Canada Shape Measuring Devices Market by Application, 2019 - 2022, USD Million
TABLE 42 Canada Shape Measuring Devices Market by Application, 2023 - 2029, USD Million
TABLE 43 Mexico Shape Measuring Devices Market, 2019 - 2022, USD Million
TABLE 44 Mexico Shape Measuring Devices Market, 2023 - 2029, USD Million
TABLE 45 Mexico Shape Measuring Devices Market by Type, 2019 - 2022, USD Million
TABLE 46 Mexico Shape Measuring Devices Market by Type, 2023 - 2029, USD Million
TABLE 47 Mexico Shape Measuring Devices Market by Sales Channel, 2019 - 2022, USD Million
TABLE 48 Mexico Shape Measuring Devices Market by Sales Channel, 2023 - 2029, USD Million
TABLE 49 Mexico Shape Measuring Devices Market by Application, 2019 - 2022, USD Million
TABLE 50 Mexico Shape Measuring Devices Market by Application, 2023 - 2029, USD Million
TABLE 51 Rest of North America Shape Measuring Devices Market, 2019 - 2022, USD Million
TABLE 52 Rest of North America Shape Measuring Devices Market, 2023 - 2029, USD Million
TABLE 53 Rest of North America Shape Measuring Devices Market by Type, 2019 - 2022, USD Million
TABLE 54 Rest of North America Shape Measuring Devices Market by Type, 2023 - 2029, USD Million
TABLE 55 Rest of North America Shape Measuring Devices Market by Sales Channel, 2019 - 2022, USD Million
TABLE 56 Rest of North America Shape Measuring Devices Market by Sales Channel, 2023 - 2029, USD Million
TABLE 57 Rest of North America Shape Measuring Devices Market by Application, 2019 - 2022, USD Million
TABLE 58 Rest of North America Shape Measuring Devices Market by Application, 2023 - 2029, USD Million
TABLE 59 Key Information – Alicona Imaging GmbH
TABLE 60 Key Information – Ametek, Inc.
TABLE 61 key Information – Horiba Ltd.
TABLE 62 Key Information – Obishi Keiki Seisakusho Co., Ltd.
TABLE 63 Key Information – Alpa Metrology S.r.l.
TABLE 64 Key Information – QPT Innovative Technik Handels GmbH
TABLE 65 Key Information – Microtrac Retsch GmbH
TABLE 66 Key Information – SmartVision S.r.l
TABLE 67 Key Information – Clemex Technologies Inc.
TABLE 68 Key Information – Scantron Industrial Products Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Bruker Corporation
FIG 3 Recent strategies and developments: Ametek, Inc.
FIG 4 Recent strategies and developments: Horiba Ltd.