Global Metrology Services Market Size study & Forecast, by Product (CMM, ODS), By Application (Automotive, Aerospace, Industrial, Power Generation, Others) and Regional Analysis, 2022-2029

Description

List of Tables

Global Metrology Services Market is valued approximately USD 774.35 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.90 % over the forecast period 2022-2029. Metrology Services provide to industries for the purpose of measurement. It assists organizations in increasing productivity without affecting resource requirements and it is widely used in applications such as aerospace, industrial, automotive, power generations and many others. The Metrology Services market is expanding because of factors such as increasing demand of electric vehicles and increasing demand in automotive industry. The foremost key factor driving is increasing demand of electric vehicles among the populations due to increase the market demand of metrology services over the world. Moreover, the another key factor driving is increasing the demand in automotive industry due to increase the market growth of metrology services over the world.

According to the Statista, the revenue of electric vehicles in the year 2022 is USD 384 billion and the expected revenue of electric vehicles in the year 2027 is USD 869.30 billion. Moreover, the another key factor driving is increasing demand in automotive industry. For instances, according to the India Brand Equity Foundation, the production of automotive industry of India in the year 2018 is USD 29.07 million and the production of automotive industry of India in the year 2019 is USD 30.92 million. And in United States, according to the Statista, the production of motor vehicle in the year 2017 is USD 11.1 million and the production of motor vehicle in the year 2018 is USD 11.3 million. The opportunity of Metrology Services Market is rising the demand from emerging economics due to increase the market demand over the forecast period. However, the rising the cyber-attack of Metrology Services stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Metrology Services Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the dominance of rising the demand of electric vehicles, rising the mechanization in agriculture industry which is increase the market demand over the world. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing the industrial applications, adopting latest technologies, increasing automotive industry would create lucrative growth prospects for the Metrology Services market across the Asia Pacific region.

Major market players included in this report are:

Hexagon AB

Carl Zeiss AG

Renishaw PLC

Nikon Metrology Inc.

Quality Vision International

Optical Metrology Services Ltd

Perceptron Inc.

Intertek Group PLC

Dimensional Metrology Services

Marand Precision Engineering pty Ltd

Recent Developments in the Market:

In November 2021, Renishaw signed an agreement with Verisurf Software Inc. Verisurf Software Inc. synchronises Renishaw measuring machine (CMM) software under this agreement.
In June 2021, FARO Technologies will acquire HoloBuilder, Inc. This acquisition enables HoloBuilder, Inc. to bring FARO its leading photogrammetry-based 3D platform, which provides hardware-agnostic image capture, registration and viewing to the rapidly growing digital twin sector.

Global Metrology Services Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Product, Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

CMM

ODS

By Application:

Automotive

Aerospace

Industrial

Power Generations

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Metrology Services Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Metrology Services Market, by Product, 2019-2029 (USD Million)
- 1.2.3. Metrology Services Market, by Application, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Metrology Services Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Metrology Services Market Dynamics

3.1. Metrology Services Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing the demand of electric vehicles
  - 3.1.1.2. Increasing the demand in automotive industry
- 3.1.2. Market Challenges
  - 3.1.2.1. Rising the cyber-attack
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising the demand from emerging economics

Chapter 4. Global Metrology Services Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Metrology Services Market, by Product

6.1. Market Snapshot
6.2. Global Metrology Services Market by Product, Performance - Potential Analysis
6.3. Global Metrology Services Market Estimates & Forecasts by Product 2019-2029 (USD Million)
6.4. Metrology Services Market, Sub Segment Analysis
- 6.4.1. CMM
- 6.4.2. ODS

Chapter 7. Global Metrology Services Market, by Application

7.1. Market Snapshot
7.2. Global Metrology Services Market by Application, Performance - Potential Analysis
7.3. Global Metrology Services Market Estimates & Forecasts by Application 2019-2029 (USD Million)
7.4. Metrology Services Market, Sub Segment Analysis
- 7.4.1. Automotive
- 7.4.2. Aerospace
- 7.4.3. Industrial
- 7.4.4. Power Generations
- 7.4.5. Others

Chapter 8. Global Metrology Services Market, Regional Analysis

8.1. Metrology Services Market, Regional Market Snapshot
8.2. North America Metrology Services Market
- 8.2.1. U.S. Metrology Services Market
  - 8.2.1.1. Product breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Metrology Services Market
8.3. Europe Metrology Services Market Snapshot
- 8.3.1. U.K. Metrology Services Market
- 8.3.2. Germany Metrology Services Market
- 8.3.3. France Metrology Services Market
- 8.3.4. Spain Metrology Services Market
- 8.3.5. Italy Metrology Services Market
- 8.3.6. Rest of Europe Metrology Services Market
8.4. Asia-Pacific Metrology Services Market Snapshot
- 8.4.1. China Metrology Services Market
- 8.4.2. India Metrology Services Market
- 8.4.3. Japan Metrology Services Market
- 8.4.4. Australia Metrology Services Market
- 8.4.5. South Korea Metrology Services Market
- 8.4.6. Rest of Asia Pacific Metrology Services Market
8.5. Latin America Metrology Services Market Snapshot
- 8.5.1. Brazil Metrology Services Market
- 8.5.2. Mexico Metrology Services Market
8.6. Rest of The World Metrology Services Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Hexagon AB
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Carl Zeiss AG
- 9.2.3. Renishaw PLC
- 9.2.4. Nikon Metrology Inc.
- 9.2.5. Quality Vision International
- 9.2.6. Optical Metrology Services Ltd
- 9.2.7. Perceptron Inc.
- 9.2.8. Intertek Group PLC
- 9.2.9. Dimensional Metrology Services
- 9.2.10. Marand Precision Engineering pty Ltd

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Metrology Services Market, report scope
TABLE 2. Global Metrology Services Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Metrology Services Market estimates & forecasts by Product 2019-2029 (USD Million)
TABLE 4. Global Metrology Services Market estimates & forecasts by Application 2019-2029 (USD Million)
TABLE 5. Global Metrology Services Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 6. Global Metrology Services Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 7. Global Metrology Services Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Metrology Services Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Metrology Services Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Metrology Services Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Metrology Services Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Metrology Services Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Metrology Services Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Metrology Services Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. U.S. Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. U.S. Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 17. U.S. Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 18. Canada Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 19. Canada Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. Canada Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 21. UK Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 22. UK Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. UK Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 24. Germany Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 25. Germany Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. Germany Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 27. France Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 28. France Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. France Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 30. Italy Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 31. Italy Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. Italy Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 33. Spain Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 34. Spain Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Spain Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 36. RoE Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 37. RoE Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. RoE Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 39. China Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 40. China Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. China Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 42. India Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 43. India Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. India Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 45. Japan Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 46. Japan Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. Japan Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 48. South Korea Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 49. South Korea Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. South Korea Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 51. Australia Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 52. Australia Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. Australia Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 54. RoAPAC Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 55. RoAPAC Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. RoAPAC Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 57. Brazil Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 58. Brazil Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. Brazil Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 60. Mexico Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 61. Mexico Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Mexico Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 63. RoLA Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 64. RoLA Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. RoLA Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 66. Row Metrology Services Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 67. Row Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. Row Metrology Services Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 69. List of secondary sources, used in the study of global Metrology Services Market
TABLE 70. List of primary sources, used in the study of global Metrology Services Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Metrology Services Market, research methodology
FIG 2. Global Metrology Services Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Metrology Services Market, key trends 2021
FIG 5. Global Metrology Services Market, growth prospects 2022-2029
FIG 6. Global Metrology Services Market, porters 5 force model
FIG 7. Global Metrology Services Market, pest analysis
FIG 8. Global Metrology Services Market, value chain analysis
FIG 9. Global Metrology Services Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Metrology Services Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Metrology Services Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Metrology Services Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Metrology Services Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Metrology Services Market, regional snapshot 2019 & 2029
FIG 15. North America Metrology Services Market 2019 & 2029 (USD Million)
FIG 16. Europe Metrology Services Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Metrology Services Market 2019 & 2029 (USD Million)
FIG 18. Latin America Metrology Services Market 2019 & 2029 (USD Million)
FIG 19. Global Metrology Services Market, company Market share analysis (2021)

List of tables and figures and dummy in nature, final lists may vary in the final deliverable