Metrology Market Overview
Growing focus on quality control in various industries, rising demand for automobiles in developing countries and developing big data analytics market have been driving the global industrial metrology market.
However, the high cost of setting up a metrology establishment and lacking the experience challenged for effectual handling of metrological systems might hamper the overall growth at a global level.
| Report Metric |
Details |
| Market size available for years |
2023–2030 |
| Base year considered |
2023 |
| Forecast period |
2024–2030 |
| Forecast unit |
Value (USD Million) |
| Segments covered |
Type, Product, End User, and Region |
| Regions covered |
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered |
Carl Zeiss AG, Mitutoyo Corporation, Nikon Corporation, Renishaw PLC, Perceptron, Inc., Faro Technologies, Pantac Metrology, Exact metrology Inc., Jenoptik AG, Automated Precision , JLM Advanced Technical Services, Precision Products, CARMAR ACCURACY, Pollen Metrology Cairnhill Metrology. |
The covid-19 Impact on Metrology Market:
Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
Metrology Market Segment Overview
By Type, Scientific Metrology segment accounted major market share in forecast period. This segment market growth is improved product usability, adoption of new technologies.
By Product, This segment is anticipated to be driven by CMM's capability to deliver point, dimensional, and surface mensuration in a very single system. Furthermore, CMM permits for precise object mensuration for testing, assembly, design, profiling, and reverse engineering of elements. Over the forecast amount, high demand for CMM's standardization, machine installation, and retrofitting services is anticipated to propel market growth. Its speedy enlargement will be attributed to its great accuracy in length measurement, speed, and backbone for numerous applications. These devices are used in automotive metrology, styling, and scientific discipline applications in pilot plants. Great-temperature resistance, metrology for difficult-to-scan surfaces, high precision, and fast knowledge flow are just a couple of of the benefits.
By Application, Automotive segment accounted major market share in forecast period. Because of technical developments in automobiles leading to higher component precision, the automotive application category is foretold to rise somewhat over the forecast amount.
Market Analysis, Insights and Forecast – By Type
· Industrial Metrology
· Scientific Metrology
· Other
Market Analysis, Insights and Forecast – By Product
· Coordinate Measuring Machine (CMM)
· Optical Digitizers and Scanners (ODS)
· Other
Market Analysis, Insights and Forecast – By Application
· Automotive
· Aerospace
· Energy & Aerospace
· Manufacturing and Consumer Electronics
Metrology Market Regional Overview
Region-wise, in terms of regions, North America diode the market in 2018 and is anticipated to do thus once more within the next years. Europe kept a constant watch on the North American continent. Europe is home to a colossal number of automobile manufacturers. Metrology services commonly usually utilised within the industry for review during a pilot plant for vehicle assembly so as to avoid quality problems throughout new vehicle production.
Metrology Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Metrology Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Metrology are highlighted below.
· In 2020, Nikon Corporation developed a new CNC video measuring system that gives unparalleled accuracy, repeatability, and dependability. Additionally referred to as an optical coordinate activity machine, the NEXIV VMZ-S3020 is perfect for automated during a applications in an exceedingly line, as its high speed permits the real-time feedback of measured results to optimize a manufacturing method.
Metrology Market, Key Players
· Applied Materials, Inc.
· Att Metrology Services
· Automated Precision, Inc.
· Cairnhill Metrology Pte., Ltd.
· Carl Zeiss AG
· Carmar Accuracy Co., Ltd.
· Creaform, Inc.
· FARO Technologies, Inc.
· GOM GmbH
· Hexagon AB
· Jenoptik AG
· Jlm Advanced Technical Services, Inc.
· KLA-Tencor
· Nikon Metrology NV
· Perceptron, Inc.
· Pollen Metrology SAS
· Precision Products Inc.
· Renishaw PLC
· Trimet Group
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Metrology market during the forecast period?
Metrology market is expected to record a CAGR of ~6.9% during the forecast period.
Q2. Which segment is projected to hold the largest share in the Metrology Market?
Automotive segment is projected to hold the largest share in the Metrology Market.
Q3. What are the driving factors for the Metrology market?
Increasing demand from industrial and power generation applications is anticipated to enhance the expansion. The rising demand for finished product in addition to technological advancements is anticipated to enhance the growth of the Metrology market progressively.
Q4. Which Segments are covered in the Metrology market report?
Type, Product, End User, and Region, these segments are covered in the Metrology market report.
Q5. Which are the prominent players offering Metrology?
Carl Zeiss AG, Mitutoyo Corporation, Nikon Corporation, Renishaw PLC, Perceptron, Inc., Faro Technologies, Pantac Metrology, Exact metrology Inc., Jenoptik AG, Automated Precision , JLM Advanced Technical Services, Precision Products, CARMAR ACCURACY, Pollen Metrology Cairnhill Metrology.
List of Figures
Figure 1: Global Metrology Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Metrology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Metrology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Metrology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Metrology Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Metrology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Metrology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Metrology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Metrology Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Metrology Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Metrology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Metrology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Metrology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Metrology Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Metrology Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Metrology Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Metrology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Metrology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Metrology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Metrology Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Metrology Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Metrology Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Metrology Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Metrology Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Metrology Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Metrology Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Metrology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Metrology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Metrology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Metrology Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Metrology Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Metrology Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Metrology Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Metrology Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Metrology Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Metrology Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Metrology Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Metrology Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Metrology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Metrology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Metrology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Metrology Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Metrology Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Metrology Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Metrology Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Metrology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Metrology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Metrology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Metrology Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Metrology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Metrology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Metrology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Metrology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Metrology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Metrology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Metrology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Metrology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Metrology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Metrology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Metrology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Metrology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Metrology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Metrology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Metrology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Metrology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Metrology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Metrology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Metrology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Metrology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
