PUBLISHER: IMARC | PRODUCT CODE: 1521279
PUBLISHER: IMARC | PRODUCT CODE: 1521279
Metrology Services Market Report by Product (Coordinate Measuring Machines (CMM), Optical Digitizers and Scanners (ODS)), Application (Automotive, Aerospace, Industrial, Power Generation, and Others), and Region 2024-2032
The global metrology services market size reached US$ 812.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,264.2 Million by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032.
Metrology services refer to the scientific field concerned with the study of measurements generally used by manufacturing industries to standardize machinery. They operate on the principle of measurement uncertainty, which represents an expression of the statistical dispersion. Metrology services involve testing, calibrating, and weight opening as the main procedures performed through coordinate measurement machines (CMM), optical digitizers, and laser scanners. These devices assist in providing precise measurement of customized components, performing three-dimensional (3D) color scanning, inspecting computer-aided designs (CADs), and examining multiple products with higher accuracy. Consequently, metrology services are extensively used across several sectors to analyze the product material, surface and grain sizing.
Metrology Services Market Trends:
The widespread adoption of metrology services across various industrial verticals can be attributed to the increasing need for effective product measuring solutions to evaluate the geometrical properties of assemblies while ensuring design accuracy and item quality at low-operational expenses. Additionally, the significant expansion in the automotive and aerospace sectors has facilitated the extensive utilization of metrology services for mass manufacturing identical automobile components, including motors, rotators and other sophisticated equipment, which is acting as another growth-inducing factor. In line with this, the large-scale integration of the Industrial Internet of Things (IIoT) and computer-aided manufacturing (CAM) solutions for optimizing the production process and mitigating item defects are contributing to the market growth. Moreover, the introduction of several cloud-enabled metrology software packages, such as geometric dimensioning, laser scanning technology, and multisensory and robotic metrology, are supporting the market growth. Other factors, including the escalating demand for production automation in the manufacturing sector, continuous investments by governmental bodies to strengthen industrial infrastructure, and strategic collaborations amongst key players to engineer high-performance metrology services, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global metrology services market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product and application.
Breakup by Product:
Coordinate Measuring Machines (CMM)
Gantry Machines
Bridge Machines
Articulated Arm Machines
Horizontal Arm Machines
Optical Digitizers and Scanners (ODS)
3D Laser Scanners
White Light Scanners
Laser Trackers
Breakup by Application:
Automotive
Aerospace
Industrial
Power Generation
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Carl Zeiss AG, Creaform Inc. (AMETEK Inc.), FARO Technologies, Hexagon AB, Intertek Group plc, Jenoptik AG, KLA Corporation, Metrologic Group (Sandvik AB), Nikon Corporation, Renishaw plc and SGS S.A.
Key Questions Answered in This Report:
- How has the global metrology services market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global metrology services market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global metrology services market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Metrology Services Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Coordinate Measuring Machines (CMM)
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Gantry Machines
- 6.1.2.2 Bridge Machines
- 6.1.2.3 Articulated Arm Machines
- 6.1.2.4 Horizontal Arm Machines
- 6.1.3 Market Forecast
- 6.2 Optical Digitizers and Scanners (ODS)
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 3D Laser Scanners
- 6.2.2.2 White Light Scanners
- 6.2.2.3 Laser Trackers
- 6.2.3 Market Forecast
7 Market Breakup by Application
- 7.1 Automotive
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Aerospace
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Industrial
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Power Generation
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Carl Zeiss AG
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Creaform Inc. (AMETEK Inc.)
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 FARO Technologies
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.4 Hexagon AB
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.5 Intertek Group plc
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 Jenoptik AG
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.7 KLA Corporation
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Metrologic Group (Sandvik AB)
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Nikon Corporation
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Renishaw plc
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.11 SGS S.A.
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.1 Carl Zeiss AG
List of Figures
- Figure 1: Global: Metrology Services Market: Major Drivers and Challenges
- Figure 2: Global: Metrology Services Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 4: Global: Metrology Services Market: Breakup by Product (in %), 2023
- Figure 5: Global: Metrology Services Market: Breakup by Application (in %), 2023
- Figure 6: Global: Metrology Services Market: Breakup by Region (in %), 2023
- Figure 7: Global: Metrology Services (Coordinate Measuring Machines (CMM)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Metrology Services (Coordinate Measuring Machines (CMM)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Metrology Services (Optical Digitizers and Scanners (ODS)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Metrology Services (Optical Digitizers and Scanners (ODS)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Metrology Services (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Metrology Services (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Metrology Services (Aerospace) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Metrology Services (Aerospace) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Metrology Services (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Metrology Services (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Metrology Services (Power Generation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Metrology Services (Power Generation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Metrology Services (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Metrology Services (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: North America: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: North America: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: United States: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: United States: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Canada: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Canada: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Asia-Pacific: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Asia-Pacific: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: China: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: China: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Japan: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Japan: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: India: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: India: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: South Korea: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: South Korea: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Australia: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Australia: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Indonesia: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Indonesia: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Others: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Others: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Europe: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Europe: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Germany: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Germany: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: France: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: France: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: United Kingdom: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: United Kingdom: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Italy: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Italy: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Spain: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Spain: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Russia: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Russia: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Others: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Others: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Latin America: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Latin America: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Brazil: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Brazil: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Mexico: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Mexico: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Others: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Others: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Middle East and Africa: Metrology Services Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Middle East and Africa: Metrology Services Market: Breakup by Country (in %), 2023
- Figure 69: Middle East and Africa: Metrology Services Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Global: Metrology Services Industry: SWOT Analysis
- Figure 71: Global: Metrology Services Industry: Value Chain Analysis
- Figure 72: Global: Metrology Services Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Metrology Services Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Metrology Services Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: Metrology Services Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Metrology Services Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Metrology Services Market: Competitive Structure
- Table 6: Global: Metrology Services Market: Key Players
