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Global Laser Tracker Market Size, Share and Trends Analysis Report – Industry Overview and Forecast to 2033

Semiconductors and Electronics | Upcoming Report | Mar 2021 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60
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Global Laser Tracker Market

Market Size in USD Billion

CAGR :  %

USD 647.10 Million USD 1,613.70 Million 2025 2033
Forecast Period
2026 –2033
Market Size(Base Year)
USD 647.10 Million
Market Size (Forecast Year)
USD 1,613.70 Million
CAGR
%
Major Markets Players
  • Hexagon AB
  • FARO TechnologiesInc.
  • Automated PrecisionInc
  • SGS SA
  • VMT GmbH

Global Laser Tracker Market Segmentation, By Component (Hardware, Software, and Services), Application (Quality Control and Inspection, Alignment, Reverse Engineering, and Calibration), Industry (Automotive, Aerospace and Defence, Energy and Power, General Manufacturing, Architecture and Construction, Transportation, and Others) - Industry Trends and Forecast to 2033

What is the Global Laser Tracker Market Size and Growth Rate?

  • The global laser tracker market size was valued at USD 647.10 million in 2025 and is expected to reach USD 1613.70 million by 2033, at a CAGR of12.10% during the forecast period
  • The growing number of advancements in distance measurement technology and improvements in processing speed, rising usages of product as it offer high accuracy, precision, and portability, automation of robotic systems, increasing demand for three-dimensional measurement solutions in various industries such as defence, aerospace, automotive, power generation, growing usage of laser tracker for assembly of large components are some of the major as well as vital factors which will likely to augment the growth of the laser tracker market

What are the Major Takeaways of Laser Tracker Market?

  • Increasing number of automotive and aviation manufacturers along with growing demand for research and development activities in 3D measurement technique which will further contribute by generating massive opportunities that will lead to the growth of the laser tracker market
  • Availability of substitutes for inspection along with addressing alignment errors which will likely to act as market restraints factor for the growth of the laser tracker
  • Europe dominated the laser tracker market with a 34.25% revenue share in 2025, driven by extensive adoption in automotive, aerospace, defence, and industrial manufacturing sectors across Germany, France, U.K., and Italy
  • Asia-Pacific is projected to register the fastest CAGR of 7.8% from 2026 to 2033, driven by rapid industrialization, expanding automotive and aerospace manufacturing, and strong adoption of Industry 4.0 practices across China, Japan, India, South Korea, and Southeast Asia
  • The Hardware segment dominated the market with a 45.2% share in 2025, driven by extensive adoption of high-precision laser tracker devices for industrial measurement, large-scale assembly alignment, and dimensional verification

Report Scope and Laser Tracker Market Segmentation       

Attributes

Laser Tracker Key Market Insights

Segments Covered

  • By Component: Hardware, Software, and Services
  • By Application: Quality Control and Inspection, Alignment, Reverse Engineering, and Calibration
  • By Industry: Automotive, Aerospace and Defence, Energy and Power, General Manufacturing, Architecture and Construction, Transportation, and Others

Countries Covered

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • U.K.
  • Netherlands
  • Switzerland
  • Belgium
  • Russia
  • Italy
  • Spain
  • Turkey
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of Asia-Pacific

Middle East and Africa

  • Saudi Arabia
  • U.A.E.
  • South Africa
  • Egypt
  • Israel
  • Rest of Middle East and Africa

South America

  • Brazil
  • Argentina
  • Rest of South America

Key Market Players

  • Hexagon AB (Sweden)
  • FARO Technologies, Inc. (U.S.)
  • Automated Precision, Inc (API) (U.S.)
  • SGS SA (Switzerland)
  • VMT GmbH (Germany)
  • On-Trak Photonics, Inc. (U.S.)
  • Variation Reduction Solutions, Inc. (U.S.)
  • Brunson Instrument Company (U.S.)
  • Hubbs Machine & Manufacturing Inc (U.S.)
  • PLX Inc. (U.S.)
  • Verisurf Software, Inc. (U.S.)
  • OASIS Alignment Services, LLC. (U.S.)
  • Nebula3D Services Private Limited (India)
  • Mactech On-Site Solutions. (U.S.)
  • East Coast Metrology, LLC (U.S.)
  • Advanced Dimensional Solutions Pty Ltd. (Australia)
  • Hiwe SqS (China)
  • Diverse Dimensions (U.S.)
  • OR3D Ltd. (U.K.)
  • Novamechanical Design Ltd (U.K.)

Market Opportunities

  • Growing Number of Advancements in Distance Measurement Technology
  • Increasing Demand for Three-Dimensional Measurement Solutions

Value Added Data Infosets

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.

What is the Key Trend in the Laser Tracker Market?

Increasing Shift Toward High-Speed, Compact, and PC-Based Laser Trackers

  • The laser tracker market is witnessing growing adoption of compact, portable, and USB-enabled high-precision tracking devices designed to support industrial metrology, aerospace assemblies, automotive component alignment, and large-scale manufacturing operations
  • Manufacturers are introducing multi-axis, software-integrated, and high-accuracy laser trackers that provide advanced measurement capabilities, real-time feedback, and seamless integration with CAD and digital twin platforms
  • Rising demand for cost-efficient, lightweight, and field-deployable measurement solutions is driving usage across factories, R&D centers, inspection facilities, and quality control labs

    • For instance, companies such as FARO Technologies, Hexagon AB, API, Verisurf, and Brunson Instrument have upgraded their laser trackers with enhanced measurement ranges, higher speed scanning, multi-sensor integration, and cloud-enabled data visualization

  • Growing need for rapid precision measurements, automated alignment, and real-time dimensional validation is accelerating the shift toward portable, PC-integrated laser trackers
  • As manufacturing and assembly processes become more complex, Laser Trackers remain essential for high-accuracy inspection, large-scale alignment, and advanced industrial automation applications

What are the Key Drivers of Laser Tracker Market?

  • Rising demand for affordable, highly accurate, and easy-to-use laser tracking systems for precision measurement, calibration, and alignment in automotive, aerospace, and industrial sectors

    • For instance, in 2025, leading companies such as FARO Technologies, Hexagon AB, and Brunson Instrument enhanced their laser tracker portfolios with better range, precision, multi-axis scanning, and software integration

  • Increasing adoption of automated production, robotics, electric vehicles, and smart manufacturing is boosting demand for high-precision tracking tools across the U.S., Europe, and Asia-Pacific
  • Advancements in measurement software, integrated sensors, multi-axis scanning, and portable architectures have improved performance, usability, and efficiency
  • Rising requirement for dimensional inspection, high-speed assembly alignment, and large-scale industrial calibration is creating demand for multi-sensor, portable, and high-accuracy laser trackers
  • Supported by ongoing investments in advanced manufacturing, industrial automation, and quality assurance infrastructure, the Laser Tracker market is expected to witness strong long-term growth

Which Factor is Challenging the Growth of the Laser Tracker Market?

  • High costs associated with premium, multi-axis, and high-accuracy laser trackers limit adoption among small manufacturers, startups, and academic institutions

    • For instance, during 2024–2025, fluctuations in sensor component prices, supply chain disruptions, and longer lead times increased manufacturing costs for several global vendors

  • Complexity in operating multi-sensor laser trackers, integrating CAD and software platforms, and conducting large-scale measurements requires skilled personnel and specialized training
  • Limited awareness in emerging regions regarding industrial metrology solutions, measurement standards, and best practices slows adoption
  • Competition from portable coordinate measuring machines (CMMs), optical scanners, and other metrology devices creates pricing pressures and reduces product differentiation
  • To overcome these challenges, companies are focusing on cost-optimized designs, software integration, training programs, and cloud-enabled measurement analytics to drive global adoption of laser trackers

How is the Laser Tracker Market Segmented?

The market is segmented on the basis of component, application, and industry.

  • By Component

On the basis of component, the laser tracker market is segmented into Hardware, Software, and Services. The Hardware segment dominated the market with a 45.2% share in 2025, driven by extensive adoption of high-precision laser tracker devices for industrial measurement, large-scale assembly alignment, and dimensional verification. Hardware solutions offer high accuracy, wide measurement ranges, and compatibility with advanced metrology software, making them indispensable for automotive, aerospace, and manufacturing sectors. Software solutions, including measurement analysis platforms and digital twin integration tools, are increasingly used for real-time visualization, data logging, and reporting. Services, comprising calibration, maintenance, and on-site support, are gaining traction due to the growing demand for end-to-end measurement solutions.

The Services segment is expected to grow at the fastest CAGR from 2026 to 2033, as organizations increasingly require managed metrology services, regular calibration, and specialized technical support for complex assemblies and high-precision industrial applications.

  • By Application

On the basis of application, the laser tracker market is segmented into Quality Control and Inspection, Alignment, Reverse Engineering, and Calibration. The Quality Control and Inspection segment dominated the market with a 41.6% share in 2025, driven by the need for accurate dimensional validation in automotive, aerospace, and heavy machinery manufacturing. Laser trackers enable high-precision verification of large components, assembly lines, and fabricated parts, ensuring compliance with stringent quality standards.

The Alignment segment is expected to grow at the fastest CAGR from 2026 to 2033, propelled by rising adoption of laser trackers for real-time alignment of production machinery, robotic systems, and aerospace assemblies. Reverse engineering and calibration applications also contribute to market growth, offering critical support for design optimization, component replication, and maintaining instrument accuracy. The integration of software analytics and digital modeling further strengthens application adoption across industrial environments.

  • By Industry

On the basis of industry, the laser tracker market is segmented into Automotive, Aerospace and Defence, Energy and Power, General Manufacturing, Architecture and Construction, Transportation, and Others. The Automotive industry dominated the market with a 38.9% share in 2025, owing to the extensive use of laser trackers in vehicle assembly line alignment, body-in-white inspection, and electric vehicle battery integration. Aerospace and Defence sectors also significantly contribute, leveraging trackers for aircraft assembly, engine alignment, and precision instrumentation.

The Energy and Power sector is expected to grow at the fastest CAGR from 2026 to 2033, driven by increasing deployment of trackers for wind turbine alignment, power plant inspection, and oil & gas infrastructure maintenance. General manufacturing, architecture, and transportation sectors are increasingly adopting laser trackers for complex assembly verification, infrastructure projects, and quality assurance, reinforcing long-term industrial demand.

Which Region Holds the Largest Share of the Laser Tracker Market?

  • Europe dominated the laser tracker market with a 34.25% revenue share in 2025, driven by extensive adoption in automotive, aerospace, defence, and industrial manufacturing sectors across Germany, France, U.K., and Italy. Strong presence of precision engineering firms, automotive OEMs, and aerospace integrators continues to fuel demand for Laser Trackers for dimensional inspection, alignment, and calibration applications
  • Leading European companies are introducing advanced trackers with enhanced measurement range, high accuracy, multi-axis capability, and software-integrated solutions, strengthening the region’s technological leadership. Continuous investment in smart manufacturing, Industry 4.0 initiatives, and R&D drives long-term market expansion
  • High engineering talent concentration, strong industrial ecosystems, and government support for advanced metrology further reinforce regional market dominance

Germany Laser Tracker Market Insight

Germany is the largest contributor in Europe, supported by strong automotive and aerospace manufacturing, precision engineering clusters, and widespread adoption of industrial 4.0 solutions. High-volume vehicle assembly, aircraft manufacturing, and renewable energy projects intensify demand for Laser Trackers capable of sub-millimeter measurement accuracy. Presence of leading OEMs, engineering consultancies, and calibration centers further strengthens market growth.

France Laser Tracker Market Insight

France contributes significantly to European market share, driven by aerospace production, rail infrastructure development, and defense R&D. Engineering facilities and universities increasingly utilize Laser Trackers for prototype testing, assembly alignment, and reverse engineering applications. Government-backed innovation programs, skilled workforce, and industrial modernization programs bolster adoption.

Asia-Pacific Laser Tracker Market

Asia-Pacific is projected to register the fastest CAGR of 7.8% from 2026 to 2033, driven by rapid industrialization, expanding automotive and aerospace manufacturing, and strong adoption of Industry 4.0 practices across China, Japan, India, South Korea, and Southeast Asia. High-volume production of consumer electronics, automotive ECUs, and precision machinery drives demand for accurate and portable Laser Trackers. Growth in digital infrastructure, smart factories, and R&D centers accelerates long-term market expansion.

China Laser Tracker Market Insight

China is the largest contributor to Asia-Pacific, owing to massive industrial investments, world-leading manufacturing capacity, and strong government support for high-precision manufacturing. Rising adoption of automated production lines, robotics, and aerospace assemblies drives demand for multi-axis, high-accuracy Laser Trackers. Local production and competitive pricing further expand domestic and export market adoption.

Japan Laser Tracker Market Insight

Japan shows steady growth supported by precision manufacturing, automotive innovation, and continuous modernization of industrial systems. Strong focus on quality, reliability, and advanced measurement tools drives adoption of premium Laser Trackers. Increasing need for robotics integration, low-tolerance alignment, and high-speed production reinforces long-term growth.

India Laser Tracker Market Insight

India is emerging as a major growth hub, driven by expanding manufacturing clusters, rising startup activity, and government-supported smart factory initiatives. Adoption of Laser Trackers is increasing across automotive, electronics, and heavy machinery sectors. Ongoing R&D investments and infrastructure expansion further accelerate penetration.

South Korea Laser Tracker Market Insight

South Korea contributes significantly due to strong demand in automotive, semiconductor, and electronics industries. Rapid development of AI-integrated manufacturing, EV production, and precision machinery drives adoption of Laser Trackers with multi-axis capabilities and high measurement accuracy. Strong innovation ecosystem and industrial expansion support sustained growth.

Which are the Top Companies in Laser Tracker Market?

The laser tracker industry is primarily led by well-established companies, including:

  • Hexagon AB (Sweden)
  • FARO Technologies, Inc. (U.S.)
  • Automated Precision, Inc (API) (U.S.)
  • SGS SA (Switzerland)
  • VMT GmbH (Germany)
  • On-Trak Photonics, Inc. (U.S.)
  • Variation Reduction Solutions, Inc. (U.S.)
  • Brunson Instrument Company (U.S.)
  • Hubbs Machine & Manufacturing Inc (U.S.)
  • PLX Inc. (U.S.)
  • Verisurf Software, Inc. (U.S.)
  • OASIS Alignment Services, LLC. (U.S.)
  • Nebula3D Services Private Limited (India)
  • Mactech On-Site Solutions. (U.S.)
  • East Coast Metrology, LLC (U.S.)
  • Advanced Dimensional Solutions Pty Ltd. (Australia)
  • Hiwe SqS (China)
  • Diverse Dimensions (U.S.)
  • OR3D Ltd. (U.K.)
  • Novamechanical Design Ltd (U.K.)

What are the Recent Developments in Global Laser Tracker Market?

  • In June 2022, Hexagon launched the Leica Absolute Tracker AT500, which automatically re-establishes interrupted lines of sight within a wide field of view without requiring any user intervention. It enables reflector measurement up to 160 meters and supports simplified 6DoF probing functionality, enhancing efficiency and accuracy in large-scale metrology applications
  • In April 2022, Hexagon introduced a new wireless laser tracker automation system capable of delivering accuracy within 50 microns across a measuring volume of 60 meters in diameter, regardless of robot precision. Up to four robot-based scanner systems can operate simultaneously, increasing throughput and flexibility for industrial measurement workflows
  • In April 2022, InnovMetric launched PolyWorks 2022, the latest iteration of its smart 3D metrology digital ecosystem. The release expands core ecosystem capabilities and enables multipiece inspection even when CAD data is unavailable, empowering users with more versatile and precise measurement solutions


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Global Laser Tracker Market, Supply Chain Analysis and Ecosystem Framework

To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Laser Tracker Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Laser Tracker Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.

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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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