The Surface Roughness Measurement (SRM) Market is expected to rise significantly, from USD 766 million in 2019 to an estimated USD 998 million by 2025. Over the course of the projected period, this growth is anticipated to occur at a compound annual growth rate (CAGR) of 4.5%.

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A number of variables, including the components like cameras, software, probes, and lighting equipment, affect the market dynamics. Surface roughness measurement uses contact and noncontact methods to quantify surface roughness on both 2D and 3D surface types. The market is applied in a variety of verticals, with the automotive and energy & power sectors making major contributions. When taken as a whole, these trends point to a promising future for the Surface Roughness Measurement Market, which will be fueled by both the growing demand across industries for precision measurement and technical improvements.

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The market for noncontact technique to grow at the highest CAGR during 2019–2025

Over the course of the forecast period, the Surface Roughness Measurement Market is expected to witness the greatest compound annual growth rate (CAGR) from the noncontact technique segment. This increase is explained by a number of benefits of noncontact techniques, such as their quick surface fault detection and capacity to test delicate components. Noncontact techniques are used in many different industries, including manufacturing, automotive, aerospace & defence, and aircraft. Noncontact methods are widely used in essential sectors such as the measurement of turbine blades, automobile body parts, engine components, gears, antennae, boat parts, and medical implants. Surface roughness measurement equipment is being used by more industries to modify the actual object's design, enabling the creation of surgical implants, spare parts, and engine components that are specifically tailored to the needs of the end user. The ability to make changes to original goods with flexibility, high precision, and quick product analysis powers the expansion of noncontact measurement systems.

Probes to dominate the surface roughness measurement market by component in 2019

Out of all the major components, probes accounted for the biggest share in the Surface Roughness Measurement Market (SRMM) in 2019. The reason for this dominance is that consumers are becoming more conscious of the quality of the things they purchase, which has increased the need for accurate inspection and quality assurance in finished goods. The primary function of probes in the SRMM is to scan the specimens' surface roughness or finish. They then send the digital signals containing the data to computer software, which generates the final product, which can be either 2D or 3D representations. This shows how important probes are to obtaining precise surface roughness measurements and how much they contribute to the market as a whole.

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North America to hold a major share of the surface roughness measurement market in 2019

For the duration of the forecast period, North America is anticipated to hold a dominant position in the Surface Roughness Measurement (SRM) Market. The region's large industrial base and significant investments in research and development are responsible for this supremacy. With major manufacturers including Mahr Inc., Starrett, Perceptron, and AMETEK, the United States stands out as a major contributor to the North American market. North America's stronghold in the SRM industry is a result of these companies' presence as well as favourable conditions for research and technical development.

The major value to SRMMs is added by component suppliers and OEMs. CARL Zeiss (Carl Zeiss AG (Germany)), Taylor Hobson (UK), Mahr (Germany), Tokyo Seimitsu Co., Ltd. (Tokyo Seimitsu (Japan)), Hexagon AB (Hexagon (Sweden)), Faro Technologies (Faro (US)), Nikon Corporation (Nikon (Japan)), KEYENCE Corporation (Keyence (Japan)), Mitutoyo Corporation (Mitutoyo (Japan)), EXTECH(US), Wenzel (Germany), Starrett (US), JENOPTIK AG(Germany), The Sempre Group (UK), Alicona Imaging GmbH (Austria), Kosaka laboratory Ltd (Japan), KRÜSS GmbH(Germany), Zygo Corporation (US), Horiba Ltd. (Japan) and Fowler (US) are some of the major companies dominating the SRM market.

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