• Cat-intel
  • MedIntelliX
  • Consulting
  • Resources
  • About Us
  • News
  • Careers
  • Contact Us
  • Login
    • Request Free Sample ×
    ReportInfographic

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    US Laser Tracker Market

    ID: MRFR/SEM/14430-HCR
    200 Pages
    Garvit Vyas
    September 2025

    US Laser Tracker Market Research Report By Vertical (Automotive, Aerospace and Defense, Architecture and Construction, Energy and Power, Railways and Shipbuilding), By Component (Hardware, Software, Services) and By Function (Quality Control and Inspection, Alignment, Reverse Engineering, Tool building and Setup, Automated Assembly System) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US Laser Tracker Market Research Report -Forecast till 2035 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0
    Compare License
    Table of Contents

    US Laser Tracker Market Summary

    The US Laser Tracker market is projected to grow significantly from 91.2 million USD in 2024 to 270 million USD by 2035.

    Key Market Trends & Highlights

    US Laser Tracker Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate of 10.37 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 270 million USD, indicating robust growth potential.
    • In 2024, the market is valued at 91.2 million USD, reflecting the current demand for laser tracking technology.
    • Growing adoption of advanced measurement technologies due to increased precision requirements is a major market driver.

    Market Size & Forecast

    2024 Market Size 91.2 (USD Million)
    2035 Market Size 270 (USD Million)
    CAGR (2025-2035) 10.37%

    Major Players

    GOM, FARO Technologies, Brunson Instrument Company, Perceptron, Hexagon, Renishaw, Wavefront Technology, Faro, Laser Design Inc, 3D Systems, Creaform, Keyence, Nikon Metrology, Zeiss, Mitutoyo

    US Laser Tracker Market Trends

    The US Laser Tracker Market is experiencing significant growth driven by advancements in technology, increased demand for precision measurement, and the rising importance of quality control in manufacturing processes. The market benefits from the expanding aerospace and automotive sectors, where laser trackers are essential for ensuring accurate component alignment and assembly. 

    Furthermore, the push for automation and Industry 4.0 initiatives in the US is steering manufacturers towards integrating advanced measurement solutions, creating a strong impetus for laser tracker adoption. Opportunities lie in the potential for innovation in laser tracker technologies, particularly the incorporation of Artificial Intelligence and machine learning for enhanced performance and user interface.Moreover, as the need for remote usability continues to rise, there is an opportunity to develop portable and user-friendly laser tracking devices that can meet the demands of various industries. 

    As industries adapt to new challenges, the trend towards customization and tailored solutions in laser tracking systems is becoming noticeable, allowing manufacturers to better cater to specific requirements in sectors like construction and robotics.Overall, the US Laser Tracker Market is poised for growth as companies continuously seek innovative and effective measurement solutions to enhance efficiency and accuracy in their operations.

    US Laser Tracker Market Drivers

    Market Segment Insights

    Laser Tracker Market Vertical Insights

    The US Laser Tracker Market, focusing on the Vertical segment, is a pivotal area characterized by distinct industries, each leveraging advanced measurement solutions to enhance operational efficiencies and accuracy. Among these industries, Automotive stands out significantly as the increasing complexity of vehicle designs necessitates precise measurement tools for quality control and assembly processes. 

    The Aerospace and Defense sector, also critical, relies heavily on laser trackers for ensuring stringent standards in manufacturing and alignment of aircraft and defense systems, where even minute discrepancies can lead to costly failures. Moving towards Architecture and Construction, the demand for laser trackers has escalated, facilitating accurate layout and design, significantly reducing project timelines and errors during execution. The Energy and Power industry demonstrates growth through the application of laser trackers in monitoring and maintaining equipment, thereby enhancing productivity and safety in power generation facilities. 

    Furthermore, Railways and Shipbuilding benefit from the utilization of advanced laser tracking technology for structural integrity assessments and alignment tasks during the construction and maintenance phases. This expansion reflects a broader trend towards adopting innovative technologies that drive market growth, improve accuracy, and boost productivity across these vital US sectors. As the associated industries continue to evolve, the US Laser Tracker Market presents opportunities for advancements that not only streamline processes but also address unique challenges inherent in each field, positioning laser trackers as indispensable tools across various applications.

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Laser Tracker Market Component Insights

    The Component segment of the US Laser Tracker Market showcases a diverse range of essential components that facilitate precise measurement and tracking capabilities. This segment is broadly categorized into three critical areas: Hardware, Software, and Services. Hardware encompasses the physical devices utilized for measurement, forming the backbone of laser tracking technology. This sub-segment plays a significant role due to the ongoing demand for improved accuracy and precision in industrial and manufacturing processes across various sectors.

    Software is vital in managing and processing the data collected from hardware, enabling users to analyze and visualize measurement results efficiently. The rising integration of advanced algorithms and machine learning within software solutions is anticipated to enhance performance, reflecting the growing trend towards automation in manufacturing. Additionally, Services include training, technical support, and calibration, which are crucial for optimizing equipment performance and ensuring reliable operations.

    As industries in the US continue to embrace innovative technologies, the increasing focus on quality assurance and compliance drives growth within the Component segment of the US Laser Tracker Market, reinforcing its importance in modern industrial applications.

    Laser Tracker Market Function Insights

    The Function segment of the US Laser Tracker Market encompasses a range of critical applications that highlight the technology's versatility and significance in various industries. Quality Control and Inspection stand out as essential functions, ensuring that products meet specifications and enhancing manufacturing reliability. Alignment processes benefit from laser trackers through precise measurements, which are vital for machinery setup and maintenance.

    Reverse Engineering utilizes this technology to replicate components accurately, facilitating innovation and product development.Tool Building and Setup plays a crucial role in optimizing production efficiency by ensuring tools meet exact dimensions, while Automated Assembly Systems leverage laser trackers for speed and precision, streamlining manufacturing workflows. 

    The market dynamics are driven by increasing demand for automation and digitization across industries, necessitating precision technologies. Challenges such as the need for skilled operators and integration with existing systems remain, yet opportunities abound as companies look to improve quality and reduce waste.The US Laser Tracker Market industry is thus characterized by a growing recognition of the value that laser trackers bring to operational excellence and innovative manufacturing processes.

    Get more detailed insights about US Laser Tracker Market Research Report -Forecast till 2035

    Request Free Sample

    Regional Insights

    Key Players and Competitive Insights

    The US Laser Tracker Market is characterized by rapid technological advancements and a robust competitive landscape that is continuously evolving to meet the needs of various industries such as aerospace, automotive, and manufacturing. Companies in this market are leveraging innovations in measurement and inspection technologies, which enhances accuracy, efficiency, and productivity in their operations. The competitive insights reveal that players are focusing on robust marketing strategies, partnerships, and collaborative efforts to expand their market reach and enhance customer engagement. 

    With an increasing demand for high-precision manufacturing processes, the competitive environment is becoming increasingly dynamic as companies strive to differentiate their offerings through superior technology and enhanced service capabilities.In the context of the US Laser Tracker Market, GOM stands out for its strong market presence driven by its advanced 3D measurement technology. The company has established itself through its commitment to quality and precision, catering to a diverse clientele ranging from small enterprises to large-scale manufacturing firms. GOM's strengths include its user-friendly software solutions, novel measurement technologies, and exceptional calibration capabilities which allow for efficient and accurate data acquisition.

    The brand is well-regarded for its dedication to customer service and support, ensuring that clients receive comprehensive training and assistance in utilizing their laser tracking solutions. 

    This strategic focus on innovation and client satisfaction has enabled GOM to create a substantial foothold in the US market, providing them with a competitive edge over their rivals.FARO Technologies possesses a significant market position within the US Laser Tracker Market, showcasing a wide array of key products and services tailored for precision measurement and 3D modeling. The company is particularly recognized for its portable laser scanning technology, offering solutions that enhance productivity and improve operational accuracy for industries reliant on precise measurements. 

    FARO's strengths lie in its consistent commitment to research and development, allowing the company to stay at the forefront of technological advancements. With several strategic mergers and acquisitions undertaken over the years, FARO has enhanced its product offerings and broadened its market reach, further solidifying its role in the industry. Their strong customer base, combined with a reputation for delivering cutting-edge solutions, positions FARO Technologies as a formidable player in the competitive landscape of the US Laser Tracker Market.

    Key Companies in the US Laser Tracker Market market include

    Industry Developments

    The US Laser Tracker Market has seen significant developments in recent months, with a heightened focus on technological advancements and strategic mergers. Notably, GOM and FARO Technologies are pushing the boundaries of precision measurement technologies, enhancing their product offerings through continuous innovation. In July 2023, Renishaw expanded its footprint by announcing the acquisition of a key technology firm, which aims to bolster its capabilities in measurement solutions. Similarly, Hexagon has been investing in research initiatives to enhance its laser tracking products, aiming for a more substantial market share. 

    Market valuations have shown robust growth, with companies like Perceptron and Zeiss reporting increased sales figures due to rising demand for precision measurement in manufacturing and automotive sectors. The US government’s initiatives to enhance manufacturing quality standards have also driven growth in this sector, leading to significant competition among leaders such as Creaform and Nikon Metrology. Additionally, major events like the International Manufacturing Technology Show held in September 2022 allowed companies to unveil advanced laser tracking technologies, further igniting interest in this market segment.

    Market Segmentation

    Outlook

    • Automotive
    • Aerospace and Defense
    • Architecture and Construction
    • Energy and Power
    • Railways and Shipbuilding

    Laser Tracker Market Function Outlook

    • Quality Control and Inspection
    • Alignment
    • Reverse Engineering
    • Tool building and Setup
    • Automated Assembly System

    Laser Tracker Market Vertical Outlook

    • Automotive
    • Aerospace and Defense
    • Architecture and Construction
    • Energy and Power
    • Railways and Shipbuilding

    Laser Tracker Market Component Outlook

    • Hardware
    • Software
    • Services

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 81.6 (USD Million)
    MARKET SIZE 2024 91.2 (USD Million)
    MARKET SIZE 2035 270.0 (USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 10.37% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED GOM, FARO Technologies, Brunson Instrument Company, Perceptron, Hexagon, Renishaw, Wavefront Technology, Faro, Laser Design Inc, 3D Systems, Creaform, Keyence, Nikon Metrology, Zeiss, Mitutoyo
    SEGMENTS COVERED Vertical, Component, Function
    KEY MARKET OPPORTUNITIES Increased demand for precision measurement, Growth in aerospace and automotive sectors, Advancements in 3D scanning technology, Rising adoption in construction industry, Integration with automation solutions
    KEY MARKET DYNAMICS Growing demand for precision engineering, Advancements in measurement technology, Increasing adoption in industrial automation, Rising importance of quality control, Expanding applications in aerospace and automotive
    COUNTRIES COVERED US

    Market Highlights

    Author
    Garvit Vyas
    Analyst

    Explore the profile of Garvit Vyas, one of our esteemed authors at Market Research Future, and access their expert research contributions in the field of market research and industry analysis

    Get In Touch
    Leave a Comment

    FAQs

    What is the expected market size of the US Laser Tracker Market in 2024?

    The US Laser Tracker Market is expected to be valued at 91.2 million USD in 2024.

    What is the projected market size of the US Laser Tracker Market by 2035?

    By 2035, the US Laser Tracker Market is projected to reach a value of 270.0 million USD.

    What is the expected compound annual growth rate (CAGR) for the US Laser Tracker Market from 2025 to 2035?

    The expected CAGR for the US Laser Tracker Market from 2025 to 2035 is 10.37%.

    Which vertical is anticipated to dominate the US Laser Tracker Market in 2035?

    The Automotive vertical is anticipated to dominate the US Laser Tracker Market, projected to be valued at 76.0 million USD in 2035.

    Who are the key players in the US Laser Tracker Market?

    Key players in the US Laser Tracker Market include GOM, FARO Technologies, Brunson Instrument Company, Perceptron, Hexagon, Renishaw, and other prominent companies.

    What will be the market size for the Aerospace and Defense segment in 2035?

    The Aerospace and Defense segment is expected to reach a market size of 40.0 million USD by 2035.

    How is the Architecture and Construction segment expected to perform by 2035?

    The Architecture and Construction segment is projected to be valued at 60.0 million USD in 2035.

    What are the expected market growth rates for specific verticals like Energy and Power?

    The Energy and Power vertical is anticipated to grow to 55.0 million USD by 2035.

    What challenges might affect the US Laser Tracker Market's growth?

    Challenges may include technological advancements and competition from alternative measurement solutions affecting the market growth.

    What impact do emerging technologies have on the US Laser Tracker Market?

    Emerging technologies are likely to drive innovation and enhance the application of laser trackers across various sectors.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Laser Tracker Market, BY Vertical (USD Million)
    45. Automotive
    46. Aerospace and Defense
    47. Architecture and Construction
    48. Energy and Power
    49. Railways and Shipbuilding
    50. US Laser Tracker Market, BY Component (USD Million)
    51. Hardware
    52. Software
    53. Services
    54. US Laser Tracker Market, BY Function (USD Million)
    55. Quality Control and Inspection
    56. Alignment
    57. Reverse Engineering
    58. Tool building and Setup
    59. Automated Assembly System
    60. Competitive Landscape
    61. Overview
    62. Competitive Analysis
    63. Market share Analysis
    64. Major Growth Strategy in the Laser Tracker Market
    65. Competitive Benchmarking
    66. Leading Players in Terms of Number of Developments in the Laser Tracker Market
    67. Key developments and growth strategies
    68. New Product Launch/Service Deployment
    69. Merger & Acquisitions
    70. Joint Ventures
    71. Major Players Financial Matrix
    72. Sales and Operating Income
    73. Major Players R&D Expenditure. 2023
    74. Company Profiles
    75. GOM
    76. Financial Overview
    77. Products Offered
    78. Key Developments
    79. SWOT Analysis
    80. Key Strategies
    81. FARO Technologies
    82. Financial Overview
    83. Products Offered
    84. Key Developments
    85. SWOT Analysis
    86. Key Strategies
    87. Brunson Instrument Company
    88. Financial Overview
    89. Products Offered
    90. Key Developments
    91. SWOT Analysis
    92. Key Strategies
    93. Perceptron
    94. Financial Overview
    95. Products Offered
    96. Key Developments
    97. SWOT Analysis
    98. Key Strategies
    99. Hexagon
    100. Financial Overview
    101. Products Offered
    102. Key Developments
    103. SWOT Analysis
    104. Key Strategies
    105. Renishaw
    106. Financial Overview
    107. Products Offered
    108. Key Developments
    109. SWOT Analysis
    110. Key Strategies
    111. Wavefront Technology
    112. Financial Overview
    113. Products Offered
    114. Key Developments
    115. SWOT Analysis
    116. Key Strategies
    117. Faro
    118. Financial Overview
    119. Products Offered
    120. Key Developments
    121. SWOT Analysis
    122. Key Strategies
    123. Laser Design Inc
    124. Financial Overview
    125. Products Offered
    126. Key Developments
    127. SWOT Analysis
    128. Key Strategies
    129. D Systems
    130. Financial Overview
    131. Products Offered
    132. Key Developments
    133. SWOT Analysis
    134. Key Strategies
    135. Creaform
    136. Financial Overview
    137. Products Offered
    138. Key Developments
    139. SWOT Analysis
    140. Key Strategies
    141. Keyence
    142. Financial Overview
    143. Products Offered
    144. Key Developments
    145. SWOT Analysis
    146. Key Strategies
    147. Nikon Metrology
    148. Financial Overview
    149. Products Offered
    150. Key Developments
    151. SWOT Analysis
    152. Key Strategies
    153. Zeiss
    154. Financial Overview
    155. Products Offered
    156. Key Developments
    157. SWOT Analysis
    158. Key Strategies
    159. Mitutoyo
    160. Financial Overview
    161. Products Offered
    162. Key Developments
    163. SWOT Analysis
    164. Key Strategies
    165. References
    166. Related Reports
    167. US Laser Tracker Market SIZE ESTIMATES & FORECAST, BY VERTICAL, 2019-2035 (USD Billions)
    168. US Laser Tracker Market SIZE ESTIMATES & FORECAST, BY COMPONENT, 2019-2035 (USD Billions)
    169. US Laser Tracker Market SIZE ESTIMATES & FORECAST, BY FUNCTION, 2019-2035 (USD Billions)
    170. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    171. ACQUISITION/PARTNERSHIP
    172. MARKET SYNOPSIS
    173. US LASER TRACKER MARKET ANALYSIS BY VERTICAL
    174. US LASER TRACKER MARKET ANALYSIS BY COMPONENT
    175. US LASER TRACKER MARKET ANALYSIS BY FUNCTION
    176. KEY BUYING CRITERIA OF LASER TRACKER MARKET
    177. RESEARCH PROCESS OF MRFR
    178. DRO ANALYSIS OF LASER TRACKER MARKET
    179. DRIVERS IMPACT ANALYSIS: LASER TRACKER MARKET
    180. RESTRAINTS IMPACT ANALYSIS: LASER TRACKER MARKET
    181. SUPPLY / VALUE CHAIN: LASER TRACKER MARKET
    182. LASER TRACKER MARKET, BY VERTICAL, 2025 (% SHARE)
    183. LASER TRACKER MARKET, BY VERTICAL, 2019 TO 2035 (USD Billions)
    184. LASER TRACKER MARKET, BY COMPONENT, 2025 (% SHARE)
    185. LASER TRACKER MARKET, BY COMPONENT, 2019 TO 2035 (USD Billions)
    186. LASER TRACKER MARKET, BY FUNCTION, 2025 (% SHARE)
    187. LASER TRACKER MARKET, BY FUNCTION, 2019 TO 2035 (USD Billions)
    188. BENCHMARKING OF MAJOR COMPETITORS

    US Laser Tracker Market Segmentation

     

     

     

    • Laser Tracker Market By Vertical (USD Million, 2019-2035)

      • Automotive
      • Aerospace and Defense
      • Architecture and Construction
      • Energy and Power
      • Railways and Shipbuilding

     

    • Laser Tracker Market By Component (USD Million, 2019-2035)

      • Hardware
      • Software
      • Services

     

    • Laser Tracker Market By Function (USD Million, 2019-2035)

      • Quality Control and Inspection
      • Alignment
      • Reverse Engineering
      • Tool building and Setup
      • Automated Assembly System

     

     

     

     

     

     

    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Related Reports

    No regional reports available for this market.

    No country-specific reports available for this market.

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials

    Global Magnesium Sulfate Market – Forecast till 2027