Film Thickness Measurement Market Research, Growth Opportunities 2023
According to estimates, the Film Thickness Measurement Market will increase at a CAGR of 4.9% from USD 391.8 million in 2017 to USD 521.9 million by 2023. The increase is attributed to the rising demand for cost optimization in industries like semiconductors, food & pharmaceutical packaging, automotive, and medicine, as well as the trend toward technology miniaturisation and the growing understanding of the advantages of film thickness measurement for upholding quality standards. Between 2017 and 2023, the market for film thickness measurement for automotive applications will expand at the fastest rate. During the projected period, the expansion of automotive applications is likely to be driven by the increased demand for high-tech features in automobiles, strict regulatory framework to monitor quality control procedures in automotive manufacturing plants, and rising consumer awareness of safety concerns. Because of this, the growth rate of automotive applications is a...