Market Overview:
The global industrial metrology system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision and accuracy in manufacturing processes, rising adoption of 3D printing technology, and growing demand for automated metrology systems. Based on type, the global industrial metrology system market is segmented into bridge-type CMM, articulated-type CMM (touch type), laser tracker type CMM, optical digitizer and scanner (fixed type), optical digitizer and scanner (hand held type), video measuring machine (CNC type), and video measuring machine (manual type). The bridge-type CMMs are expected to hold the largest share of the global industrial metrology system market in 2018. This can be attributed to their high accuracy levels as well as their ability to handle large parts with ease. Based on application, the automotive segment is expected to hold the largest share of the global industrial metrology system market in 2018.
Product Definition:
Industrial metrology system is a collection of devices, tools and techniques used to measure the size, shape, form and other properties of an object or phenomenon. It helps in improving the quality of products and reducing manufacturing costs.
Brige-Type CMM:
Brige-type CMM (Calibrated Micro-Mass System) is a type of mass spectrometer which uses the principle of collision and combines it with the principle of optical microscopy. It provides highly sensitive detection limits, high speed, and accuracy in measurement. The instrument can be used for routine analysis as well as research work including structural studies on surfaces.
Articulated-Type CMM (Touch Type):
Articulated-type CMM (touch type) is a device used for measuring the thickness of metal or other solid objects. It consists of two arms, which are connected by a hinge at the center. The object to be measured is placed between the two arms and when pressure is applied to one of the ends, it causes them to move towards each other or away from each other depending on their position.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2017 and is projected to continue leading over the forecast period. The use of global industrial metrology system in automobile manufacturing helps maintain dimensional accuracy during various stages of production, from raw material procurement to final assembly. Automotive manufacturers are continuously investing in advanced equipment and technology, which requires high precision measuring devices. Therefore, they are opting for global metrology systems that provide accurate measurement capabilities at a reduced cost than other conventional solutions.
Aerospace & defense is one of the prominent applications where global CMM plays an important role during aircraft manufacturing process as it provides higher accuracy than conventional optical or mechanical gauges used before its introduction.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in metrology system manufacturing and R&D activities in emerging economies such as China, India, and Japan. Moreover, growing demand for high precision machine tools coupled with favorable government initiatives is anticipated to drive regional market growth during the forecast period.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to rapid industrialization along with an increase in foreign investments especially from Germany and Switzerland that are contributing toward technological advancements across several industries including automotive, aerospace & defense, energy & power among others. In addition it has been observed that Asian countries have some of the largest markets for used machines since they lastly change their machines at a faster pace compared to other regions which leads them being one of the major sources when buying used machines around this part of world.
Growth Factors:
- Increasing demand for accuracy and precision in manufacturing processes
- Growing adoption of Industrial Metrology Systems in small- and medium-scale enterprises
- Rising popularity of automated metrology systems
- Proliferation of 3D printing technology
- Growing demand for quality control and inspection services
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Metrology System Market Research Report
By Type
Brige-Type CMM, Articulated-Type CMM (Touch Type), Laser Tracker Type CMM, Optical Digitizer and Scanner (Fixed Type), Optical Digitizer and Scanner (Hand Held Type), Video Measuring Machine (CNC Type), Video Measuring Machine (Manual Type)
By Application
Automotive, Aerospace and Defense, Energy and Power, General Industry, Others
By Companies
Hexagon, Zeiss, Mitutoyo, Nikon Metrology, Tokyo Seimitsu, Keyence, FARO, GOM, Werth, Wenzel, Perceptron, Zygo, Renishaw, Aberlink, TZTek, Bruker Alicona
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Metrology System Market Report Segments:
The global Industrial Metrology System market is segmented on the basis of:
Types
Brige-Type CMM, Articulated-Type CMM (Touch Type), Laser Tracker Type CMM, Optical Digitizer and Scanner (Fixed Type), Optical Digitizer and Scanner (Hand Held Type), Video Measuring Machine (CNC Type), Video Measuring Machine (Manual Type)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Aerospace and Defense, Energy and Power, General Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hexagon
- Zeiss
- Mitutoyo
- Nikon Metrology
- Tokyo Seimitsu
- Keyence
- FARO
- GOM
- Werth
- Wenzel
- Perceptron
- Zygo
- Renishaw
- Aberlink
- TZTek
- Bruker Alicona
Highlights of The Industrial Metrology System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Brige-Type CMM
- Articulated-Type CMM (Touch Type)
- Laser Tracker Type CMM
- Optical Digitizer and Scanner (Fixed Type)
- Optical Digitizer and Scanner (Hand Held Type)
- Video Measuring Machine (CNC Type)
- Video Measuring Machine (Manual Type)
- By Application:
- Automotive
- Aerospace and Defense
- Energy and Power
- General Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Metrology System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial metrology system is a set of instruments and techniques used in the manufacturing industry to measure and control the quality of products.
Some of the major players in the industrial metrology system market are Hexagon, Zeiss, Mitutoyo, Nikon Metrology, Tokyo Seimitsu, Keyence, FARO, GOM, Werth, Wenzel, Perceptron, Zygo, Renishaw, Aberlink, TZTek, Bruker Alicona.
The industrial metrology system market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Metrology System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Metrology System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Metrology System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Metrology System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Metrology System Market Size & Forecast, 2020-2028
4.5.1 Industrial Metrology System Market Size and Y-o-Y Growth
4.5.2 Industrial Metrology System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Brige-Type CMM
5.2.2 Articulated-Type CMM (Touch Type)
5.2.3 Laser Tracker Type CMM
5.2.4 Optical Digitizer and Scanner (Fixed Type)
5.2.5 Optical Digitizer and Scanner (Hand Held Type)
5.2.6 Video Measuring Machine (CNC Type)
5.2.7 Video Measuring Machine (Manual Type)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace and Defense
6.2.3 Energy and Power
6.2.4 General Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Metrology System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Metrology System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Brige-Type CMM
9.6.2 Articulated-Type CMM (Touch Type)
9.6.3 Laser Tracker Type CMM
9.6.4 Optical Digitizer and Scanner (Fixed Type)
9.6.5 Optical Digitizer and Scanner (Hand Held Type)
9.6.6 Video Measuring Machine (CNC Type)
9.6.7 Video Measuring Machine (Manual Type)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace and Defense
9.10.3 Energy and Power
9.10.4 General Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Brige-Type CMM
10.6.2 Articulated-Type CMM (Touch Type)
10.6.3 Laser Tracker Type CMM
10.6.4 Optical Digitizer and Scanner (Fixed Type)
10.6.5 Optical Digitizer and Scanner (Hand Held Type)
10.6.6 Video Measuring Machine (CNC Type)
10.6.7 Video Measuring Machine (Manual Type)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace and Defense
10.10.3 Energy and Power
10.10.4 General Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Brige-Type CMM
11.6.2 Articulated-Type CMM (Touch Type)
11.6.3 Laser Tracker Type CMM
11.6.4 Optical Digitizer and Scanner (Fixed Type)
11.6.5 Optical Digitizer and Scanner (Hand Held Type)
11.6.6 Video Measuring Machine (CNC Type)
11.6.7 Video Measuring Machine (Manual Type)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace and Defense
11.10.3 Energy and Power
11.10.4 General Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Brige-Type CMM
12.6.2 Articulated-Type CMM (Touch Type)
12.6.3 Laser Tracker Type CMM
12.6.4 Optical Digitizer and Scanner (Fixed Type)
12.6.5 Optical Digitizer and Scanner (Hand Held Type)
12.6.6 Video Measuring Machine (CNC Type)
12.6.7 Video Measuring Machine (Manual Type)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace and Defense
12.10.3 Energy and Power
12.10.4 General Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Brige-Type CMM
13.6.2 Articulated-Type CMM (Touch Type)
13.6.3 Laser Tracker Type CMM
13.6.4 Optical Digitizer and Scanner (Fixed Type)
13.6.5 Optical Digitizer and Scanner (Hand Held Type)
13.6.6 Video Measuring Machine (CNC Type)
13.6.7 Video Measuring Machine (Manual Type)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace and Defense
13.10.3 Energy and Power
13.10.4 General Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Metrology System Market: Competitive Dashboard
14.2 Global Industrial Metrology System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hexagon
14.3.2 Zeiss
14.3.3 Mitutoyo
14.3.4 Nikon Metrology
14.3.5 Tokyo Seimitsu
14.3.6 Keyence
14.3.7 FARO
14.3.8 GOM
14.3.9 Werth
14.3.10 Wenzel
14.3.11 Perceptron
14.3.12 Zygo
14.3.13 Renishaw
14.3.14 Aberlink
14.3.15 TZTek
14.3.16 Bruker Alicona
