Film Thickness Measurement Market Size to grow at a CAGR of 4.9% by 2023 | Research by MarketsandMarkets

1
MarketsandMarkets Presents
The Film Thickness Measurement Market is
estimated to grow from USD 391.8 Million in 2017
to USD 521.9 Million by 2023, at a CAGR of 4.9
between 2017 and 2023. The growth is attributed
to the growing demand for cost optimization
across applications such as automotive, food
pharmaceutical packaging, medical, and
semiconductors increasing trend of technology
miniaturization and the rising awareness of film
thickness measurement benefits to meet quality
standards.
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MarketsandMarkets Presents
Key Players Major players operating in the Film
Thickness Measurement Market include ALTANA
(Germany), Bruker (US), DeFelsko (US), Elcometer
(UK), ElektroPhysik (Germany), Fischer Technology
(US), Hamamatsu (Japan), HORIBA (Japan), Keyence
(Japan), KLA-Tencor (US), Nanometrics (US),
Otsuka Electronics (Japan), Rudolph Technologies
(US), SCREEN Holdings (Japan), and Spectris (UK).
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MarketsandMarkets Presents
Film Thickness Measurement Market for automotive
application to grow at the highest rate between
2017 and 2023 The growing demand for high-tech
features in automobiles, stringent regulatory
framework to monitor quality control processes in
automotive manufacturing plants, and rising
awareness regarding safety concerns among
consumers are likely to spur the growth of
automotive application during the forecast
period. Due to this, automotive application is
likely to grow at the highest rate between 2017
and 2023. Download PDF Sample _at_
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4
MarketsandMarkets Presents
Dry films lead the Film Thickness Measurement
Market in 2017 The film thickness measurement of
dry films is of vital importance across a wide
range of applications, as it has a high impact on
the cost and quality of the film applied. Dry
film is the primary contributor to the Film
Thickness Measurement Market. The dry film
thickness measurement is quite a preferable means
of non-destructive film thickness measurement
method. This is attributed to its quality of
having a near-to-zero impact on the film/coating
being measured, thereby keeping the film
properties intact. Besides, the need to destroy
or repair objects is eliminated by utilizing
non-destructive coating thickness measurement on
dry films.
5
MarketsandMarkets Presents
Ultrasonic technology is anticipated to exhibit
the fastest growth in the Film Thickness
Measurement Market between 2017 and 2023 The
ultrasonic technology in the Film Thickness
Measurement Market is anticipated to register the
fastest growth during the forecast period. This
technology aids applicators and manufacturers
with an added advantage of identifying multiple
distinct layers. In addition, this technology is
a non-labor-intensive solution and helps in
improving consistency and throughput in the final
stages. Owing to this, ultrasonic technology is
likely to be a prominent technology in the near
future.
6
MarketsandMarkets Presents
North America is expected to lead the Film
Thickness Measurement Market between 2017 and
2023 North America holds the dominant position
in the Film Thickness Measurement Market owing to
the rapid growth of automotive, aerospace,
medical, semiconductor industries, and ongoing
technological advancements seeking for low
weight, size, and power-consumption products. In
addition, rising oil gas exploration and
production activities are also boosting the
demand for film thickness measurement to boost
life cycle and improve overall system
performance. For More Details -
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ilm-thickness-measurement-market-207950545.html
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MarketsandMarkets Presents
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