Metrology Services Market Research Report by Services (3D Measurement, Product Quality Optimization, Quality Control and Inspection, and Reverse Engineering), by Product (Coordinate Measuring Machines and Optical Digitizers and Scanners), by Application - Global Forecast to 2025 - Cumulative Impact of COVID-19
The Global Metrology Services Market is expected to grow from USD 644.13 Million/EUR 564.79 Million in 2020 to USD 1,470.86 Million/EUR 1,289.68 by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 17.95%.
Market Segmentation & Coverage:
This research report categorizes the Metrology Services to forecast the revenues and analyze the trends in each of the following sub-markets:
Based on Services, the Metrology Services Market studied across 3D Measurement, Product Quality Optimization, Quality Control and Inspection, and Reverse Engineering.
Based on Product, the Metrology Services Market studied across Coordinate Measuring Machines and Optical Digitizers and Scanners. The Coordinate Measuring Machines further studied across Articulated Arm Machines, Bridge Machines, Gantry Machines, and Horizontal Arm Machines. The Optical Digitizers and Scanners further studied across 3D Laser Scanners, Laser Trackers, and White Light Scanners.
Based on Application, the Metrology Services Market studied across Aerospace and Defense, Automotive, Industrial, and Power Generation.
Based on Geography, the Metrology Services Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
Company Usability Profiles:
The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Metrology Services Market including Atos SE, Automation Anywhere Inc., Be Informed B.V., Blue Prism Group Plc, Carl Zeiss Ag, Cicero Inc., Cognizant Technology Solutions Corporation, FARO Technologies Inc., Genfour Ltd, Hexagon AB, Mitutoyo Corporation, Nikon Corporation, Renishaw plc, Trescal SA, and ZEISS International.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Metrology Services Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Metrology Services Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Metrology Services Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Metrology Services Market?
4. What is the competitive strategic window for opportunities in the Global Metrology Services Market?
5. What are the technology trends and regulatory frameworks in the Global Metrology Services Market?
6. What are the modes and strategic moves considered suitable for entering the Global Metrology Services Market?
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Stakeholders
- 2. Research Methodology
- 2.1. Research Process
- 2.1.1. Define: Research Objective
- 2.1.2. Determine: Research Design
- 2.1.3. Prepare: Research Instrument
- 2.1.4. Collect: Data Source
- 2.1.5. Analyze: Data Interpretation
- 2.1.6. Formulate: Data Verification
- 2.1.7. Publish: Research Report
- 2.1.8. Repeat: Report Update
- 2.2. Research Execution
- 2.2.1. Initiation: Research Process
- 2.2.2. Planning: Develop Research Plan
- 2.2.3. Execution: Conduct Research
- 2.2.4. Verification: Finding & Analysis
- 2.2.5. Publication: Research Report
- 2.3. Research Outcome
- 3. Executive Summary
- 3.1. Introduction
- 3.2. Market Outlook
- 3.3. Services Outlook
- 3.4. Product Outlook
- 3.5. Application Outlook
- 3.6. Geography Outlook
- 3.7. Competitor Outlook
- 4. Market Overview
- 4.1. Introduction
- 4.2. Cumulative Impact of COVID-19
- 4.3. Geographic Growth Opportunities
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing demand from industrial and power generation applications
- 5.1.1.2. Increasing adoption of CAD/CAM and international quality standards in metrology services
- 5.1.1.3. Development of enhanced metrology services software packages
- 5.1.1.4. Lack of applicability of existing measuring equipment
- 5.1.2. Restraints
- 5.1.2.1. Intensification in design complexity
- 5.1.2.2. Increasing risk for data breaches and cyber attacks
- 5.1.3. Opportunities
- 5.1.3.1. Rising demand for finished goods coupled with technological advancements
- 5.1.3.2. Development of outsourcing trend for dimensional check in the medical sector
- 5.1.4. Challenges
- 5.1.4.1. Lack of trained machine operators
- 5.1.4.2. Rising safety and security concerns
- 5.2. Porters Five Forces Analysis
- 5.2.1. Threat of New Entrants
- 5.2.2. Threat of Substitutes
- 5.2.3. Bargaining Power of Customers
- 5.2.4. Bargaining Power of Suppliers
- 5.2.5. Industry Rivalry
- 6. Global Metrology Services Market, By Services
- 6.1. Introduction
- 6.2. 3D Measurement
- 6.3. Product Quality Optimization
- 6.4. Quality Control and Inspection
- 6.5. Reverse Engineering
- 7. Global Metrology Services Market, By Product
- 7.1. Introduction
- 7.2. Coordinate Measuring Machines
- 7.2.1. Articulated Arm Machines
- 7.2.2. Bridge Machines
- 7.2.3. Gantry Machines
- 7.2.4. Horizontal Arm Machines
- 7.3. Optical Digitizers and Scanners
- 7.3.1. 3D Laser Scanners
- 7.3.2. Laser Trackers
- 7.3.3. White Light Scanners
- 8. Global Metrology Services Market, By Application
- 8.1. Introduction
- 8.2. Aerospace and Defense
- 8.3. Automotive
- 8.4. Industrial
- 8.5. Power Generation
- 9. Americas Metrology Services Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Metrology Services Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. South Korea
- 10.10. Thailand
- 11. Europe, Middle East & Africa Metrology Services Market
- 11.1. Introduction
- 11.2. France
- 11.3. Germany
- 11.4. Italy
- 11.5. Netherlands
- 11.6. Qatar
- 11.7. Russia
- 11.8. Saudi Arabia
- 11.9. South Africa
- 11.10. Spain
- 11.11. United Arab Emirates
- 11.12. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.1.1. Quadrants
- 12.1.2. Business Strategy
- 12.1.3. Product Satisfaction
- 12.2. Market Ranking Analysis
- 12.3. Market Share Analysis
- 12.4. Competitive Scenario
- 12.4.1. Merger & Acquisition
- 12.4.2. Agreement, Collaboration, & Partnership
- 12.4.3. New Product Launch & Enhancement
- 12.4.4. Investment & Funding
- 12.4.5. Award, Recognition, & Expansion
- 13. Company Usability Profiles
- 13.1. Atos SE
- 13.2. Automation Anywhere Inc.
- 13.3. Be Informed B.V.
- 13.4. Blue Prism Group Plc
- 13.5. Carl Zeiss Ag
- 13.6. Cicero Inc.
- 13.7. Cognizant Technology Solutions Corporation
- 13.8. FARO Technologies Inc.
- 13.9. Genfour Ltd
- 13.10. Hexagon AB
- 13.11. Mitutoyo Corporation
- 13.12. Nikon Corporation
- 13.13. Renishaw plc
- 13.14. Trescal SA
- 13.15. ZEISS International
- 14. Appendix
- 14.1. Discussion Guide
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