DUBLIN--(BUSINESS WIRE)--The "Film Thickness Measurement Market by Technology, Film Type, Application (Aerospace & Aviation, Automotive, Food & Pharmaceutical Packaging, Industrial Manufacturing, Medical, Semiconductors), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The Global Film Thickness Measurement Market is Estimated at USD 391.8 Million in 2017 and is Anticipated to Grow at a CAGR of 4.9% to Reach USD 521.9 Million By 2023
This growth can be attributed to the growing demand for cost optimization across applications, the rising awareness to meet quality standards, and the increasing trend of technology miniaturization. However, the cost-intensive implementation of non-destructive thickness measurement solutions is likely to restrain the market growth.
Optical technology is the leading contributor to the film thickness measurement market. This technology is quite commonly used in film thickness measurement technology. This is attributed to the accuracy, negligible requirement of sample preparation, and non-destructive nature of the measurement. Ellipsometry and spectral reflectance are the most commonly used methods under optical technology.
The industrial and manufacturing application primarily consists of condensers, heat exchangers, pipelines, tanks, and vessels in the oil & gas end-user vertical. The inspection of these systems plays an important role in ensuring the safety of oil containers, pipes, and valves. Quality control and material savings are major driving factors for industrial and manufacturing players to adhere to film thickness measurement standards. On account of this, the film thickness measurement market is expected to gain momentum in the near future.
Asia Pacific is expected to be the fastest-growing region in the film thickness measurement market during the forecast period. This is attributed to rapidly expanding automotive production, massive globalization and consolidation in the industrial arena, and increasing sales of high-end electronic products such as wearable electronics, gaming PCs, and premium smartphones.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Film Thickness Measurement Market, By Technology
7 Film Thickness Measurement Market, By Film Type
8 Film Thickness Measurement Market, By Application
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
- Angstrom Sun Technologies Inc.
- Fischer Technology
- Lumetrics Inc.
- Otsuka Electronics
- PCE Deutschland GmbH
- Rudolph Technologies
- Screen Holdings
- Semiconsoft Inc.
- Sensory Analytics LLC
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