FARO Technologies, Inc.: Business Overview, Financials & Competitive Analysis
FARO Technologies, a subsidiary of AMETEK Inc, specializes in the design, development, manufacture, marketing, and supply of three-dimensional (3D) measurement, imaging, and realization solutions. The company serves m...
Cyborg Score thesis
Solid industrial measurement leader backed by AMETEK's capital and distribution, positioned for growth in automated inspection...
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Get Current Report FreeFARO Technologies, Inc. Overview
Pro stress-test →FARO Technologies, a subsidiary of AMETEK Inc, specializes in the design, development, manufacture, marketing, and supply of three-dimensional (3D) measurement, imaging, and realization solutions. The company serves manufacturing, construction, engineering, aerospace, and public safety sectors with portable and automated measurement systems.
Strategic Profile
Pro stress-test →In 2026, FARO merged its 3D measurement business with Creaform to establish FARO CREAFORM as a dedicated unit focused on dimensional measurement solutions. The company offers hardware including 3D laser scanners, laser tracker systems, projectors, and measurement arms, alongside software solutions including BuildIT, As-Built, HoloBuilder, and other metrology platforms.
Competitive Landscape
Pro stress-test →Key competitors include Hexagon AB, Trimble Inc., and Nikon Metrology. FARO competes in the specialized 3D measurement space where precision, software integration, and industry-specific solutions drive differentiation. The AMETEK acquisition provides financial backing and cross-selling opportunities within AMETEK's broader industrial electronics portfolio.
Industry Context
FARO Technologies, Inc. operates in Microscopy Equipment.
Key facts
Founded: 1981 · Headquarters: Lake Mary, Florida, USA · Employees: 1,000+ · Revenue: N/A (private; estimated $400M–$500M range based on pre-acquisition 2024 data)