Surface Roughness Measurement (SRM) Market, By Component (Probes, Software Cameras and Lighting Equipment), By Surface Type (2D and 3D), By Technique (Contact and Contactless), By Application (Automotive, Aerospace & Defense and Energy & Power), and By Region - Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Surface Roughness is the measurement of the finely scattered micro-irregularities on the surface texture which is consists of roughness, form, and waviness. As irregularities are nearly invisible to naked eyes, hence surface roughness measurement instrument is necessary. A device like a stylus is used which is drawn across the measuring surface for a certain distance & speed which gives an electric signal, in turn, a magnified response is collected. The response is analyzed and structured into an accessible data & graph coupled with numerical values showcasing the nature & other specifications of the surface. The Surface Roughness Measurement Market is anticipated to grow from USD 1167.4 million in 2020 at a CAGR of 4.2% approx. to USD 1216.4522 million by 2030 during the forecast period. Rising demand for improvised product quality and standardized manufacturing process to drive market growth for the foreseeable duration. Material properties & geometric shapes of the surfaces majorly affect wear, fatigue, friction, corrosion, thermal & electric conductivity of the material. Moreover, Surface roughness within threshold limits is required to meet the tolerance levels of machined component for which surface measurement and inspection is required to assist in ceasing control of the manufacturing process.

Market Segmentation:

On the basis of component type, this market is segmented into probes, software cameras, and lighting equipment. Based on surface type, this market is bifurcated into 2D & 3D. On the basis of technique, this market is categorized into contact and contactless/non-contact. As per the application, this market is tri-furcated into automotive, aerospace & defense and power & energy. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.  

Market Dynamics and Factors:

The contact technique facilitates with optimum accuracy in measurement of specific parameters of the surface of component and its quality control application which stimulated to high adoption of a contact type of probes in automobile and aerospace & defense application. The Roughness measurement software is anticipated to grow at highest CAGR during forecast period. The efficient & fast processors availability and cheaper hardware costing are one of the factors for higher adoption of surface roughness measurement equipment but it needs versatile & scalable software to deploy and develop profiles of surface for improvised quality assurance. However, the lesser or absence of skilled workforce high inclination towards traditional measuring solutions is the restraints for the market growth. High adoption of Contactless measurement techniques is the major growth opportunities for the SRM market. Operational integration owing to IoT implementation brings in a majority of challenges for the SRM market.

Geographic Analysis:

In terms of size, the North American SRM market is anticipated to dominate in the foreseeable future owing to higher R&D funding and robust industrial structure in this region. The major factor to establish the prominence of North America is the stimulation caused by quality control & inspection applications in the automobile and aerospace & defense sectors. In terms of revenue, Asia-Pacific is anticipated to be the second dominant region with a market share of approx. 30%. Organisation Internationale des Constructeurs d’Automobiles (OICA) noted that APAC registered approx. 2.5 % growth in passenger car manufacturing than that of 2016. The key market growth factor in this region is increased technological innovation in the aerospace & defense and automobile sectors. The European market is expected to grow at a steady rate owing to its robust industrial base and its inspection & quality control applications. RoW market is anticipated to grow at a slow pace but controlled rate due to emerging economies and a lesser skilled workforce for the adoption of SRM machines.

Competitive Scenario:

The key players in the global surface roughness measurement market are Carl Zeiss AG, Mitutoyo Corporation, Alicona Imaging GmbH, Semper Group, Zygo Corporation, Faro Technologies, Extech, Taylor Hobson, Starrett, Horiba Ltd. Fowler, Wenzel, among others.

Surface Roughness Measurement (SRM) Market Report Scope