Measuring Microscope Market Report 2024

This Measuring Microscope market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The measuring microscope market size has grown rapidly in recent years. It will grow from $10.22 billion in 2023 to $11.43 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth during the historic period can be attributed to factors such as industrial expansion, increased research and development investments, heightened quality control needs, growth in healthcare and life sciences, educational advancements, and globalization.

The measuring microscope market size is expected to see rapid growth in the next few years. It will grow to $18.03 billion in 2028 at a compound annual growth rate (CAGR) of 12.1%. The anticipated growth during the forecast period can be attributed to several factors, including the integration of automation, advancements in nanotechnology, innovations in healthcare, growth in environmental testing, progress in material science, increasing precision in manufacturing, and expansion into emerging markets. Major trends expected to drive growth include digital microscopy, portable microscopes, enhanced imaging techniques, integration of AI and machine learning, development of 3D microscopy, miniaturization of devices, and advancements in wireless connectivity.

The growing manufacturing industry is projected to drive the expansion of the measuring microscope market. This sector is flourishing due to increased consumer demand for products, a preference for customized and personalized items, and advancements in materials and manufacturing techniques, all of which necessitate advanced manufacturing capabilities. Measuring microscopes play a crucial role in manufacturing by ensuring precision and quality control. They provide detailed measurements of intricate components, detect defects, and verify dimensional accuracy throughout production and assembly. For instance, Eurostat reported in July 2023 that industrial output in the European area increased by 0.2%, with a 0.1% rise noted in the European Union from May to April 2023. Consequently, the growth of the manufacturing industry is fueling the demand for measuring microscopes.

Key players in the measuring microscope market are focusing on enhancing illumination quality with minimal maintenance and space requirements, such as diascopic illumination. This technique involves illuminating the specimen from below, allowing light to pass through the sample to the objective lens, which is particularly useful for viewing transparent or semi-transparent specimens. For example, in May 2023, Nikon Industrial Metrology, a Japan-based industrial machinery manufacturer, launched new measuring microscopes with improved functionality. The new series includes an aperture diaphragm control on the diascopic illuminator for adjusting contrast and resolution, customizable lighting conditions for measuring cylindrical products, and a diascopic LED illuminator with both white and green light sources. This LED illuminator eliminates the need for manual filter changes and reduces the instrument's depth by 30 mm, thereby decreasing the installation footprint.

In April 2023, Bain Capital LP, a US-based private investment firm, acquired Evident Corporation from Olympus Corporation for $3.1 billion. With Bain Capital's support, Evident aims to enhance its agility and drive innovation in its product offerings. Evident Corporation, based in Japan, specializes in microscopes and related technologies, including measuring microscopes.

Major companies operating in the measuring microscope market are Olympus Corporation, Keyence Corporation, Hitachi High-Technologies Corporation, Nikon Corporation, Advantest Corporation, Bio-Rad Laboratories, Inc., Bruker Corporation, Carl Zeiss AG, JEOL Ltd., Mitutoyo Corporation, Leica Microsystems GmbH, Motic Microscopes, Mahr GmbH, Meiji Techno Co. Ltd., Edmund Optics Inc., Huvitz Co. Ltd., TESCAN ORSAY HOLDING a.s., CAMECA Instruments Inc., Vision Engineering Ltd., WITec GmbH, Zygo Corporation, OptoTech Optical Machinery Inc., Labomed Inc., Phenom-World B.V., Angstrom Advanced Inc., AmScope, Hirox Co. Ltd.

North America was the largest region in the measuring microscope market in 2023. The regions covered in the measuring microscope market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the measuring microscope market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A measuring microscope is a specialized instrument designed for accurately measuring the dimensions of small objects. It combines optical magnification with precise measurement tools, often incorporating a micrometer scale or digital readout within the microscope’s optics.

The main types of technologies for measuring microscopes include compound microscopes, optical or stereo microscopes, scanning probe or atomic force microscopes, electron microscopes, and others. Compound microscopes utilize multiple lenses to achieve high magnification, making them ideal for detailed examination of small, thin specimens, particularly in biological research. Head types for these microscopes include monocular, binocular, trinocular, and dual-head configurations. They can operate manually, semi-automatically, or automatically, and come in various mobility options such as portable and fixed models. End-use industries for measuring microscopes span aerospace and defense, chemicals and materials, electronics and electrical, clinical and life sciences research, academic and research laboratories, discrete manufacturing, food and beverages, and others.

The measuring microscope market research report is one of a series of new reports that provides measuring microscope market statistics, including measuring microscope industry global market size, regional shares, competitors with an measuring microscope market share, detailed measuring microscope market segments, market trends and opportunities, and any further data you may need to thrive in the measuring microscope industry. This measuring microscope market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The measuring microscope market consists of sales of products such as optical measuring microscopes, digital measuring microscopes, micro measurement systems, and precision micrometers to accurately measure the dimensions of small objects in fields such as manufacturing, quality control, and research. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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