US Autocollimator Market Size is Estimated to Reach 24.91 Million in 2023

An autocollimator is a measuring instrument that uses the principle of self-collimation of light to convert angle measurement into linear measurement. It is widely used in small angle measurement, flatness measurement of flat plates, flatness and parallelism measurement of guide rails, and other aspects.

Global Autocollimator Segmentation Market Analysis

According to different reading systems, autocollimators are usually divided into several categories, including optical autocollimators, laser autocollimators, and digital autocollimators. Among them, digital autocollimators have the largest market share. According to our research data, the estimated size of the US digital autocollimator segment market in 2023 is $11.26 million, with a market share of 45.20%; The market size of laser autocollimators and optical autocollimators is expected to reach $743 million and $622 million respectively, with estimated market shares of 29.83% and 24.97%, respectively.

From downstream applications, the application of autocollimators involves multiple fields such as laboratories, aerospace, and the military. Among them, theaerospace industry and laboratories are the first and second largest application markets, respectively. Data shows that in 2023, the application scale of US autocollimators in the aerospace industry and laboratories is estimated to be $6.10 million and $6.48 million, respectively, with market share expected to reach 26.01% and 24.49%, respectively.

US Autocollimator Market Size and Share Forecast by Type and Application in 2023


Market Size (Million USD)

Market Share

Segmented by Type

Optical Autocollimator

6.22

24.97%

Laser Autocollimator

7.43

29.83%

Digital Autocollimator

11.26

45.20%

Segmented by Application

Lab

6.48

24.49%

Aerospace

6.10

26.01%

Military

4.66

18.71%

Others

7.66

30.75%

Source: www.globalmarketmonitor.com

Overview of the Development and Competitive Pattern Analysis of the US Autocollimator Market
Based on our research data, the total size of the US autocollimator market is expected to reach $24.91 million in 2023. In the future, with the continuous advancement of technology and the expansion of application fields, autocollimators will become more intelligent, high-precision, and efficient. At the same time, the support of the US government for the manufacturing industry will also provide a better policy environment for the development of the autocollimator market. Therefore, the US autocollimator market will continue to maintain a growth trend in the coming years. It is expected that by 2027, the size of the US autocollimator market will increase to $29.66 million.
From the perspective of market competition, the concentration of the American autocollimator market is moderate. Data shows that in 2020, the top 3 companies in the industry achieved a total revenue of $8.76 million in the autocollimator market, with a total revenue share of 39.54%. The top three companies were TRIOPTICS, Edmund Optics, and Nikon Metrology. In 2020, these three companies accounted for 16.26%, 12.54%, and 10.74% of the global market revenue in the autocollimator market, respectively. These enterprises are also constantly launching new products and technologies to meet market demand and increase their market shares.

US Autocollimator Market Size Forecast and Competition Pattern Analysis  

US Autocollimator Market Size Forecast and Competition Pattern Analysis

Source: www.globalmarketmonitor.com

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