Laser Interferometer Market Analysis
Based on application, the market is segmented into surface topology, applied science, engineering, biomedical, and semiconductor detection. The surface topology segment dominated the market with a share of over 30% in 2023.
- There is a growing demand for interferometers with higher resolution and accuracy to meet the increasing requirements of precision manufacturing and metrology applications. Laser interferometers are finding increasing applications in various sectors for precision measurement, alignment, and calibration of components, as well as testing & monitoring of structural integrity and performance. For instance, in January 2024, Zygo Corporation, a business unit of AMETEK, Inc., released its newest laser interferometer, Qualifire. Qualifire, part of an extensive array of top-end interferometer solutions, is an instrument designed to support and enable the most demanding metrology applications in industries such as semiconductors, lithography, space-borne imaging systems, cutting-edge consumer electronics, and defense. The interferometer can recognize any smart accessory installed, automatically apply a system error file, and perform lateral calibration.
Based on end user, the automotive segment is the fastest growing and is anticipated to expand at a CAGR of over 8% between 2024 and 2032.
- Investments in R&D activities are on the rise to develop innovative laser interferometer technologies, solutions, and applications tailored to the specific requirements and challenges of the automotive industry. The increasing use of lightweight materials, such as carbon fiber composites and aluminum alloys, in automotive manufacturing, requires precise measurement and inspection. Laser interferometers are used to maintain the quality and integrity of these lightweight components. For instance, in May 2021, ZYGO launched the Nexview 650, a large format metrology system designed as an inspection tool for the automated measurement of injection molding tooling, PCBs, glass panels, and other samples requiring an extended work volume of up to 650 x 650 mm. The system provides 2D and 3D measurements of a variety of surface features with sub-nanometer vertical precision and sub-micron lateral precision.
North America laser interferometer market is likely to register about 35% growth rate from 2024 to 2032. This growth is driven by several key factors including technological advancements, increasing R&D investments, the adoption of advanced manufacturing techniques, and the emphasis on precision and quality control across various industries in the region. Countries, such as the U.S. and Canada, are witnessing significant growth, due to their advanced technological capabilities, strong aerospace & defense sectors, and growing demand for high-precision measurement and inspection solutions.