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Industrial Metrology Market by Offering, Product, Application (Reverse Engineering, Quality & Inspection, Mapping & Modelling), Industry (Aerospace & Defense, Automotive, Precision Manufacturing, Consumer), and Geography - Global Forecast to 2023

Industrial Metrology Market by Offering, Product, Application (Reverse Engineering, Quality & Inspection, Mapping & Modelling), Industry (Aerospace & Defense, Automotive, Precision Manufacturing, Consumer), and Geography - Global Forecast to 2023

“The growing demand for inspection services from precision manufacturing drives the growth of the industrial metrology market”
The industrial metrology market is expected to grow from USD 9.62 billion in 2018 to USD 12.97 billion by 2023, at a CAGR of 6.2% between 2018 and 2023. The growing big data analytics market and increasing demand for inspection services from the precision manufacturing drive the growth of industrial metrology market. Moreover, increasing focus on quality control in various industries also contributes to the growth of this market. However, the high cost of setting up metrology facility and lack of expertise needed for efficient handling of metrological systems limit the growth of this market.

“The quality control and inspection application holds the largest share of the industrial metrology market”
Quality control is an integral part of production process as it helps in the smooth functioning of the production, without incurring any extra cost. Under this application, metrological systems are used for alignment, CAD-based inspection, dimensional analysis, and machine calibration, among others. Manufacturers adopt a robust inspection process to control quality. Manufacturers use metrology for accurate scanning and inspection analysis to derive corrective action without slowing down the production.

“The automotive industry holds the largest share of the industrial metrology market”
In the automotive industry, metrological methods are required for inspection, measurement, and quality check of various components. The automotive industry has been increasingly using optical measurement systems and coordinates measuring machines (CMM), instead of conventional strain gauges, accelerometers, transducers, and extensometers for improving the safety and comfort level of vehicles. Scanning accurately captures freeform surfaces by acquiring thousands of measuring points per second without touching the prototype.

“APAC to hold the largest share of the industrial metrology market”
The growth of the market in APAC is attributed to the growing automotive and manufacturing plants in this region. Moreover, large funding from governments of various APAC countries in research and development, and extensive industrial base are the major contributors to the industrial metrology market in APAC, with China, South Korea, and Japan being the major countries contributing to the growth. Also, continuous technological advancements propel the growth of this market.

The breakup of the profile of primary participants has been given below:
By Company Type: Tier 1 = 33 %, Tier 2 = 45%, and Tier 3 = 22%
By Designation: C-level Executives = 33%, Directors = 25%, and Others = 42%
By Region: North America = 35%, Europe = 29%, APAC = 24%, and RoW = 12%

The major players in the industrial metrology market include Hexagon (Sweden), FARO Technologies (US), Nikon Metrology (Belgium), Carl Zeiss Optotechnik (Germany), Jenoptik (Germany), GOM (Germany), and Creaform (Canada). Other prominent players are Renishaw (UK), KLA-Tencor (US), Applied Materials (US), Perceptron (US), GoM (Germany), Automated Precision (US), JLM Advanced Technical Services (US), Precision Products (US), CARMAR ACCURACY (Taiwan), Pollen Metrology (France), and Cairnhill Metrology (Singapore).

Research Coverage:
The industrial metrology market has been segmented on the basis of offering, equipment, application, end-user industry, and geography. The market based on offering has been further segmented into hardware, software, services, and solutions. On the basis of equipment, the industrial metrology market has been segmented into coordinate measuring machine (CMM), optical digitizer and scanner (ODS), measuring instrument, X-ray and computed tomography, automated optical inspection (AOI), and 2D equipment. On the basis of application, the market has been segmented into reverse engineering, quality control and inspection, mapping and modeling, and other application. The industrial metrology market based on end-user industry has been segmented into aerospace and defense, automotive, manufacturing, semiconductor, and others. On the basis of geography, the market has been segmented into the Americas, Europe, APAC, and RoW.

Reasons to Buy the Report:
The report would help the market leaders/new entrants in this market in the following ways:
This report comprehensively segments the industrial metrology market and provides the closest approximations of the sizes of the overall market and subsegments for different applications and across various regions.
The report helps stakeholders understand the pulse of the market and provides them information on key growth drivers, restraints, challenges, and opportunities for the market.


  • INTRODUCTION
    • OBJECTIVES OF STUDY
    • DEFINITION
    • SCOPE OF STUDY
      • MARKETS COVERED
      • YEARS CONSIDERED FOR STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN INDUSTRIAL METROLOGY MARKET
    • INDUSTRIAL METROLOGY MARKET, BY OFFERING
    • INDUSTRIAL METROLOGY MARKET, BY EQUIPMENT
    • INDUSTRIAL METROLOGY MARKET, BY APPLICATION
    • INDUSTRIAL METROLOGY MARKET, BY EQUIPMENT AND END–USER INDUSTRY
    • US TO HOLD LARGEST SHARE OF INDUSTRIAL METROLOGY MARKET (2018)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRIAL METROLOGY MARKET, BY OFFERING
    • INTRODUCTION
      • Table INDUSTRIAL METROLOGY MARKET, BY OFFERING, 2015–2023 (USD MILLION)
    • HARDWARE
    • SOFTWARE
    • SOLUTIONS
    • SERVICES
      • AFTER-SALES SERVICES
      • MEASUREMENT SERVICES
        • Table INDUSTRIAL METROLOGY MARKET FOR SERVICES, BY SERVICE TYPE, 2015–2023 (USD MILLION)
  • INDUSTRIAL METROLOGY MARKET, BY EQUIPMENT
    • INTRODUCTION
      • Table INDUSTRIAL METROLOGY MARKET, BY EQUIPMENT, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET, BY EQUIPMENT, 2015–2023 (UNITS)
    • COORDINATE MEASURING MACHINE (CMM)
      • FIXED CMM
      • PORTABLE CMM
        • Table INDUSTRIAL METROLOGY MARKET FOR CMM, BY TYPE, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET FOR CMM, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET FOR CMM, BY REGION, 2015–2023 (USD MILLION)
    • OPTICAL DIGITIZER AND SCANNER (ODS)
      • LASER SCANNER
      • LASER TRACKER
        • Table INDUSTRIAL METROLOGY MARKET FOR ODS, BY TYPE, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET FOR ODS, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET FOR ODS, BY REGION, 2015–2023 (USD MILLION)
    • MEASURING INSTRUMENTS
      • MEASURING MICROSCOPE
      • PROFILE PROJECTOR
      • AUTOCOLLIMATOR
        • Table INDUSTRIAL METROLOGY MARKET FOR MEASURING INSTRUMENT, BY TYPE, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET FOR MEASURING INSTRUMENTS, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET FOR MEASURING INSTRUMENTS, BY REGION, 2015–2023 (USD MILLION)
    • X-RAY AND COMPUTED TOMOGRAPHY
      • Table INDUSTRIAL METROLOGY MARKET FOR X-RAY AND COMPUTED TOMOGRAPHY, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR X-RAY AND COMPUTED TOMOGRAPHY, BY REGION, 2015–2023 (USD MILLION)
    • AUTOMATED OPTICAL INSPECTION
      • Table INDUSTRIAL METROLOGY MARKET FOR AUTOMATED OPTICAL INSPECTION, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR AUTOMATED OPTICAL INSPECTION, BY REGION, 2015–2023 (USD MILLION)
    • 2D EQUIPMENT
      • Table INDUSTRIAL METROLOGY MARKET FOR 2D EQUIPMENT, BY TYPE, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR 2D EQUIPMENT, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR 2D EQUIPMENT, BY REGION, 2015–2023 (USD MILLION)
  • INDUSTRIAL METROLOGY MARKET, BY APPLICATION
    • INTRODUCTION
      • Table INDUSTRIAL METROLOGY MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
    • QUALITY CONTROL AND INSPECTION
      • Table INDUSTRIAL METROLOGY MARKET FOR QUALITY CONTROL AND INSPECTION, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
    • REVERSE ENGINEERING
      • Table INDUSTRIAL METROLOGY MARKET FOR REVERSE ENGINEERING, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
    • MAPPING AND MODELING
      • Table INDUSTRIAL METROLOGY MARKET FOR MAPPING AND MODELING, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
    • OTHER APPLICATIONS
      • Table INDUSTRIAL METROLOGY MARKET FOR OTHER APPLICATIONS, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
  • INDUSTRIAL METROLOGY MARKET, BY END-USER INDUSTRY
    • INTRODUCTION
      • Table INDUSTRIAL METROLOGY MARKET, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
    • AEROSPACE AND DEFENSE
      • Table INDUSTRIAL METROLOGY MARKET FOR AEROSPACE AND DEFENSE, BY EQUIPMENT, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR AEROSPACE AND DEFENSE, BY APPLICATION, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR AEROSPACE AND DEFENSE, BY REGION, 2015–2023 (USD MILLION)
    • AUTOMOTIVE
      • Table INDUSTRIAL METROLOGY MARKET FOR AUTOMOTIVE, BY EQUIPMENT, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR AUTOMOTIVE INDUSTRY, BY APPLICATION, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR AUTOMOTIVE, BY REGION, 2015–2023 (USD MILLION)
    • SEMICONDUCTOR
      • Table INDUSTRIAL METROLOGY MARKET FOR SEMICONDUCTOR, BY EQUIPMENT, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR SEMICONDUCTOR, BY APPLICATION, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR SEMICONDUCTOR, BY REGION, 2015–2023 (USD MILLION)
    • MANUFACTURING
      • Table INDUSTRIAL METROLOGY MARKET FOR MANUFACTURING, BY EQUIPMENT, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR MANUFACTURING, BY APPLICATION, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR MANUFACTURING, BY REGION, 2015–2023 (USD MILLION)
    • OTHERS
      • Table INDUSTRIAL METROLOGY MARKET FOR OTHERS, BY PRODUCT, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR OTHERS, BY APPLICATION, 2015–2023 (USD MILLION)
      • Table INDUSTRIAL METROLOGY MARKET FOR OTHERS, BY REGION, 2015–2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table INDUSTRIAL METROLOGY MARKET, BY REGION, 2015–2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA INDUSTRIAL METROLOGY MARKET, BY COUNTRY, 2015–2023 (USD MILLION)
      • US
      • CANADA
      • MEXICO
        • Table INDUSTRIAL METROLOGY MARKET IN NORTH AMERICA, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN NORTH AMERICA FOR AEROSPACE AND DEFENSE, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN NORTH AMERICA FOR AUTOMOTIVE, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN NORTH AMERICA FOR MANUFACTURING, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN NORTH AMERICA FOR SEMICONDUCTOR, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN NORTH AMERICA FOR OTHERS, BY COUNTRY, 2015–2023 (USD MILLION)
    • EUROPE
      • Table INDUSTRIAL METROLOGY MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
      • GERMANY
      • UK
      • FRANCE
      • ITALY
      • SPAIN
      • REST OF EUROPE
        • Table INDUSTRIAL METROLOGY MARKET IN EUROPE, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN EUROPE FOR AEROSPACE AND DEFENSE, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN EUROPE FOR AUTOMOTIVE, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN EUROPE FOR MANUFACTURING, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN EUROPE FOR SEMICONDUCTOR, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN EUROPE FOR OTHERS, BY COUNTRY, 2015–2023 (USD MILLION)
    • ASIA PACIFIC (APAC)
      • Table INDUSTRIAL METROLOGY MARKET IN APAC, BY COUNTRY, 2015–2023 (USD MILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • INDIA
      • REST OF APAC
        • Table INDUSTRIAL METROLOGY MARKET IN APAC, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET FOR IN APAC FOR AEROSPACE & DEFENSE, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN APAC FOR AUTOMOTIVE, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN APAC FOR MANUFACTURING, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN APAC FOR SEMICONDUCTOR, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN APAC FOR OTHERS, BY COUNTRY, 2015–2023 (USD MILLION)
    • REST OF THE WORLD (ROW)
      • Table INDUSTRIAL METROLOGY MARKET IN ROW, BY REGION, 2015–2023 (USD MILLION)
      • MIDDLE EAST AND AFRICA
      • SOUTH AMERICA
        • Table INDUSTRIAL METROLOGY MARKET IN ROW, BY END-USER INDUSTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN ROW FOR AEROSPACE AND DEFENSE, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN ROW FOR AUTOMOTIVE, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN ROW FOR MANUFACTURING, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN ROW FOR SEMICONDUCTOR, BY COUNTRY, 2015–2023 (USD MILLION)
        • Table INDUSTRIAL METROLOGY MARKET IN ROW FOR OTHER INDUSTRIES, BY COUNTRY, 2015–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • KEY PLAYERS IN INDUSTRIAL METROLOGY MARKET
      • Table RANKING ANALYSIS OF TOP 5 COMPANIES IN INDUSTRIAL METROLOGY MARKET, 2017
    • KEY STRATEGIES ADOPTED BY COMPANIES IN INDUSTRIAL METROLOGY MARKET
      • PRODUCT LAUNCHES & DEVELOPMENTS
        • Table PRODUCT LAUNCHES AND DEVELOPMENTS, 2016–2017
      • PARTNERSHIPS, CONTRACTS, AGREEMENTS, &COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, COLLABORATIONS, CONTRACTS, AND JOINT VENTURES, 2015–2017
      • MERGERS & ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2015–2017
  • COMPANY PROFILES
    • KEY PLAYERS
      • HEXAGON
      • FARO TECHNOLOGIES
      • NIKON METROLOGY
      • CARL ZEISS
      • JENOPTIK
      • CREAFORM
      • RENISHAW
      • KLA-TENCOR
      • APPLIED MATERIALS
      • PERCEPTRON
      • GOM
      • AUTOMATED PRECISION
    • OTHER PLAYERS
      • JLM ADVANCED TECHNICAL SERVICES
      • PRECISION PRODUCTS
      • CARMAR ACCURACY
      • POLLEN METROLOGY
      • CAIRNHILL METROLOGY
      • ATT METROLOGY SERVICES
      • TRIMET GROUP
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATION
    • RELATED REPORTS
    • AUTHOR DETAILS

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