Vendors need to expand their smart handheld optical scanner portfolios

10 September 2017

A growing interest in industrial automation and enhanced quality inspection is driving the adoption of smart handheld metrology devices, with flexibility and versatility boosting demand, according to a Frost & Sullivan report – Global Market for Smart Handheld Metrology Devices, Forecast to 2023.

Currently, only a handful of market participants exist. However, with metrology giants entering this space, pricing will be impacted. To succeed in a niche market, vendors need to develop expertise in wireless data transfer and product intelligence and aggressively expand their smart handheld optical scanner portfolios.

“Market growth is primarily due to an increased focus on research and development (R&D) in the automotive industry. Automotive manufacturers are also willing to invest in a handheld system that provides six degrees of freedom over a manufacturing unit,” said Viswam Sathiyanarayanan, test & measurement research analyst at Frost & Sullivan.

The smart handheld metrology devices market is estimated to grow at a compound annual growth rate of 10.4%. The study highlights market drivers, restraints, opportunities, and technology trends, and analyzes the regional influence on market dynamics. “The biggest challenges for the smart handheld metrology devices market remain intense competition from fixed and portable optical scanners with high accuracy range and end users looking toward traditional fixed and portable scanners due to lack of smart handheld metrology scanner awareness,” noted Sathiyanarayanan.

Contact Details and Archive...

Print this page | E-mail this page