The industrial metrology equipment market is anticipated to grow at a CAGR of 9.3% during the forecast period. Industrial metrology equipment aids in capturing quality data for measurement, positioning, and inspection. Thereafter, the assessment of data with the latest technology and software provides manufacturers with the necessary information about the design and engineering processes and hence enables the achievement of higher levels of productivity and efficiency in production processes. The continuous innovation towards more real-time feedback in metrology with the integration of the latest technologies such as Al and computer assistance is providing growth opportunities to the market. Moreover, the development of various 3D measurement solutions such as portable CMM, robot-mounted optical CMM scanners, and cloud-based software application platforms is also providing significant expansion opportunities to the industrial metrology equipment market. A negative impact on end-user industries is witnessed due to the COVID-19 pandemic in 2020, which will create an adverse effect on the industrial metrology market during the forecast period.
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The global industrial metrology equipment market is segmented based on the equipment, application, and end-user industry. Based on the equipment, the market is sub-segmented into coordinate measuring machines, optical digitizer and scanner, x-ray and computed tomography, automated optical inspection, 2D equipment, and Gauges. Further, based on the application the market is sub-segmented into reverse engineering, quality & inspection, mapping & modeling, and equipment calibration. Additionally, the end-user industry segment contains automotive & transportation, aerospace, biomechanics / medical, electrical & electronics, and others.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Industrial Metrology Equipment Market Report Segment
By Equipment
- Coordinate Measuring Machine
- Optical Digitizer and Scanner
- X-Ray and Computed Tomography
- Automated Optical Inspection
- 2D Equipment
- Gauges
By Application
- Reverse Engineering
- Quality & Inspection
- Mapping & Modelling
- Equipment Calibration
By End-User Industry
- Automotive & Transportation
- Aerospace
- Electrical & Electronics
- Biomechanics / Medical
- Others
Global Industrial Metrology Equipment Market Report Segment
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Industrial Metrology Equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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