Surface Roughness Measurement Market (Component - Probes, Frame Grabbers, Lighting Equipment, Cameras, Software, and Others; Surface Type – 2D, and 3D; Technology - Contact Technique, and Noncontact Technique; Industry Vertical - Automotive, Aerospace & Defence, Optics and Metal Bearing, Medical & Pharmaceuticals, Semiconductor, Energy & Power, and Other Verticals): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

A recent report published by Infinium Global Research on the surface roughness measurement market provides an in-depth analysis of segments and sub-segments in the global as well as regional surface roughness measurement market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional surface roughness measurement market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global surface roughness measurement market. According to the report, the global surface roughness measurement market is projected to grow at a CAGR of 6.5% over the forecast period of 2020-2026.

Market Insight

Roughness plays an important role in determining surface interaction with its environment. Surface roughness metrology assures the accurate functioning of products and maintains product quality at high-level accuracy. They offer effective results with measurement by nano-scale along with the cost-effective inline inspection. In addition, roughness measurement offers high-speed scanning, real-time feedback, and easy visual inspection. As surface roughness measurement offers major scope in auto component, semiconductor and electronics applications are expected to propel the growth of the market. Growing demand from end-user industries such as automotive, aerospace, and the defense is driving the demand for surface roughness measurement market. 

However, the current concerns over the spread of coronavirus infection are creating a major drop in demand for surface roughness measurement in the global market. The COVID-19 outbreak and the frequent lockdown regulation by the government have severely affected the manufacturing and industrial sector. However, manufacturing industries such as aerospace, automotive, and metal and mining industries are the worst-hit sectors due to the pandemic. Therefore, market growth in these industries is considerably low for the next two years and anticipated to have a major decline in production. On the other hand, surface roughness measurement may possibly turn into a viable solution owing to its usage in pharmaceuticals and medical application as it plays an important role in pharmaceutical tablet dosage forms which will increase the demand in the near future.

In addition, fluctuating demand supply and a limited workforce may be the biggest challenge for manufacturers. But, by 2022 the market is expected to gain sustainable growth due to opportunities in healthcare and technological advancements. Further, increasing the need for enhancing the quality of the product as well as effective analysis will increase the demand for surface roughness measurement market.  Nevertheless, lack of availability of a skilled workforce for the operation and analysis will hamper the demand of the market. Besides that, growing demand for advanced surface roughness measurement for design modification and customized product offerings will further fuel the market growth in the near future.

Geographically, Asia Pacific held the largest share in the surface roughness measurement market in 2019. China and India are the key revenue generator in the Asia Pacific surface roughness measurement market. The factors such as rapid growth in the manufacturing industry, rising need for product quality, and accuracy will increase demand for metal foam market in this region. Further, North America will witness rapid growth in the forecast period owing to the increasing focus on R&D activities and the growing demand for customized products.

Segment Covered

The report on the global surface roughness measurement market covers segments such as component, surface type, technology, and industry vertical. On the basis of component, the sub-markets include probes, frame grabbers, lighting equipment, cameras, software, and others. On the basis of surface type, the sub-markets include 2d, and 3d. On the basis of technology, the sub-markets include contact technique and noncontact technique. On the basis of industry vertical, the sub-markets include automotive, aerospace & defense, optics and metal bearing, medical & pharmaceuticals, semiconductor, energy & power, and other verticals.

Companies Profiled:

The report provides profiles of the companies in the market such as Tokyo Seimitsu Co., Ltd., Mahr Inc., Perceptron, JENOPTIK AG, AMETEK, KEYENCE Corporation, Mitutoyo Corporation, Starrett, Hexagon AB, and Taylor Hobson.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of surface roughness measurement market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.