Metrology Services Market

Market Insights

The resurgence in the industrial sector post-economic slowdown, coupled with the growing trend towards automated manufacturing units, is instrumental in driving demand for metrology solutions and services. Furthermore, advancements in measurement technologies and mounting preferences for portable metrology solutions have further fueled market momentum. These factors are expected to contribute to a compounded annual growth rate (CAGR) of 7.9% during the 2016–2023. However, issues such as lack of product differentiation and the requisite expertise to efficiently operate metrology solutions may pose a moderate challenge to the growth prospects over the forecast period. As a result, the global metrology services market is expected to expand at a CAGR of 7.9% from 2016 to 2023, exceeding US$ 985.0 Mn by 2023.

Report Scope

This report analyses the global metrology services market regarding product type, end-use application, and geography. Based on product type, the market is segmented into coordinate measuring machines (CMM) and optical digitizers and scanners (ODS). Similarly, based on end-use application, the market for metrology services is further classified into industrial manufacturing, automotive, electrical and electronics, aerospace, and energy and power, among others. The global metrology services market’s geographical distribution in this study encompasses regional markets such as North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

1.1 Report Description

Purpose of the Report

The purpose of this strategic research study titled “Global Metrology Services Market: Growth, Share, Opportunities, and Competitive Analysis, 2016–2023” is to offer industry investors, company executives, and industry participants in-depth insights to enable them to make informed strategic decisions related to the opportunities in the global metrology industry.

Target Audience

• Industry Investors
• Metrology Solution Providers
• Distributors
• End-users

Overall, the research study provides a holistic view of the global metrology services market, offering market size and estimates for the period from 2014 to 2023, keeping in mind the above-mentioned factors.

Based on product type, the global metrology services market is categorized into the following segments:

• Coordinate Measuring Machines (CMM)
• Articulated arm machines
• Horizontal arm machines
• Gantry Machines
• Bridge Machines
• Optical Digitizers and Scanners (ODS)
• 3D Laser Scanners and Trackers
• White-light scanners

In terms of revenue, optical digitizers and scanners, comprising 3D laser scanners and laser trackers, dominated the global metrology services market in 2015. The segment accounted for over 55% of the global metrology services market’s revenue in the same year. The segment is expected to witness comparatively higher growth than coordinate measuring machines during the forecast period of 2016–2023. The growing demand for precise, accurate, and 3D measurements is favoring the demand for optical digitizers and scanners across the globe. On the other hand, the growing preference for optical digitizers and scanners is expected to coincide with the revenue decline in the coordinate measuring machine segment. While the metrology service market for coordinate measuring machines is witnessing sluggish growth, the demand for articulated arm metrology services is rising and is estimated to witness steady growth during the forecast period.

Growing end-use consumption owing to an ever-rising population has put pressure on manufacturers to supply quality turn-key products in shorter lead times. Metrology services help manufacturers enhance and improve manufacturing processes by allowing minute measurements and inspections of every element involved. Thus, metrology solutions are increasingly finding adoption across varied industry verticals.

Based on end-use application, the global metrology services market is categorized into the following segments:

• Industrial Manufacturing
• Automotive
• Aerospace
• Energy and Power
• Electronics and Electrical
• Other end-use applications (healthcare, etc.)

The contribution of these applications to the global metrology services market in 2015 and 2023 is shown in the figure below.

As of 2015, the global market for metrology services was led by the industrial manufacturing segment. The segment accounted for over 28% of the global metrology services market’s revenue in the same year and is expected to exhibit robust growth during the forecast period. The growing trend toward complete automation in manufacturing facilities bodes well for market growth in this segment.

The automotive industry was the second largest end-use application market, which accounts for around one-fourth of the global market revenue. The market for automotive metrology services is expected to be driven by the growing demand for and production of automobiles across the globe.

On the basis of geography, the global market for metrology services is segmented into the following regions and countries:

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • France
  • The U.K.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

In the base year of 2015, Asia Pacific was the largest metrology services market in terms of revenue. The region is also poised to exhibit strong growth during the forecast period, led by demand from India and China. The dominance and anticipated growth in the region can be majorly credited to a growing demand for high-precision components in multiple industries, including automotive, semiconductors, and power generation, among others. The trend is expected to continue, and the region is poised to retain its leading position throughout the forecast period of 2016–2023. The demand for metrology solutions and services in the region is also attributed to the increasing automation of industrial manufacturing units.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Metrology Services Market Snapshot

3. Global Metrology Services Market Analysis
3.1. Global Metrology Services Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.3.3. Opportunity Matrix
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key Industry Participants
3.6.1. Major Strategies Adopted
3.6.2. Analyst Recommendations

4. Global Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
4.1. Tornado Analysis
4.2. Coordinated Measuring Machines
4.2.1. Articulated Arm Machines
4.2.2. Horizontal Arm Machines
4.2.3. Gantry Machines
4.2.4. Bridge Machines
4.3. Optical Digitizers And Scanners (ODS)

5. Global Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
5.1. Tornado Analysis
5.2. Industrial Manufacturing
5.3. Automotive
5.4. Electrical and Electronics
5.5. Aerospace
5.6. Energy and Power
5.7. Others (Healthcare, etc.)

6. North America Metrology Services Market Analysis, 2014 – 2023 (US$ Mn)
6.1. North America Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
6.1.1. Coordinated Measuring Machines
6.1.1.1. Articulated Arm Machines
6.1.1.2. Horizontal Arm Machines
6.1.1.3. Gantry Machines
6.1.1.4. Bridge Machines
6.1.2. Optical Digitizers And Scanners (ODS)
6.2. North America Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
6.2.1. Industrial Manufacturing
6.2.2. Automotive
6.2.3. Electrical and Electronics
6.2.4. Aerospace
6.2.5. Energy and Power
6.2.6. Others (Healthcare, etc.)
6.3. North America Metrology Services Market Revenue, By Country, 2014 – 2023 (US$ Mn)
6.3.1. U.S.
6.3.1.1. U.S. Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
6.3.1.2. U.S. Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
6.3.2. Canada
6.3.2.1. Canada Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
6.3.2.2. Canada Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)

7. Europe Metrology Services Market Analysis, 2014 – 2023 (US$ Mn)
7.1. Europe Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
7.1.1. Coordinated Measuring Machines
7.1.1.1. Articulated Arm Machines
7.1.1.2. Horizontal Arm Machines
7.1.1.3. Gantry Machines
7.1.1.4. Bridge Machines
7.1.2. Optical Digitizers And Scanners (ODS)
7.2. Europe Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
7.2.1. Industrial Manufacturing
7.2.2. Automotive
7.2.3. Electrical and Electronics
7.2.4. Aerospace
7.2.5. Energy and Power
7.2.6. Others (Healthcare, etc.)
7.3. Europe Metrology Services Market Revenue, By Region, 2014 – 2023 (US$ Mn)
7.3.1. U.K.
7.3.1.1. U.K. Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
7.3.1.2. U.K. Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
7.3.2. Germany
7.3.2.1. Germany Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
7.3.2.2. Germany Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
7.3.3. France
7.3.3.1. France Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
7.3.3.2. France Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
7.3.4. Rest of Europe
7.3.4.1. Rest of Europe Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
7.3.4.2. Rest of Europe Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)

8. Asia Pacific Metrology Services Market Analysis, 2014 – 2023 (US$ Mn)
8.1. Asia Pacific Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
8.1.1. Coordinated Measuring Machines
8.1.1.1. Articulated Arm Machines
8.1.1.2. Horizontal Arm Machines
8.1.1.3. Gantry Machines
8.1.1.4. Bridge Machines
8.1.2. Optical Digitizers And Scanners (ODS)
8.2. Asia Pacific Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
8.2.1. Industrial Manufacturing
8.2.2. Automotive
8.2.3. Electrical and Electronics
8.2.4. Aerospace
8.2.5. Energy and Power
8.2.6. Others (Healthcare, etc.)
8.3. Asia Pacific Metrology Services Market Revenue, By Country, 2014 – 2023 (US$ Mn)
8.3.1. Japan
8.3.1.1. Japan Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
8.3.1.2. Japan Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
8.3.2. China
8.3.2.1. China Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
8.3.2.2. China Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
8.3.3. India
8.3.3.1. India Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
8.3.3.2. India Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
8.3.4. Rest of Asia Pacific
8.3.4.1. Rest of Asia Pacific Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
8.3.4.2. Rest of Asia Pacific Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)

9. Rest of World Metrology Services Market Analysis, 2014 – 2023 (US$ Mn)
9.1. Rest of World Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
9.1.1. Coordinated Measuring Machines
9.1.1.1. Articulated Arm Machines
9.1.1.2. Horizontal Arm Machines
9.1.1.3. Gantry Machines
9.1.1.4. Bridge Machines
9.1.2. Optical Digitizers And Scanners (ODS)
9.2. Rest of World Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
9.2.1. Industrial Manufacturing
9.2.2. Automotive
9.2.3. Electrical and Electronics
9.2.4. Aerospace
9.2.5. Energy and Power
9.2.6. Others (Healthcare, etc.)
9.3. Rest of World Metrology Services Market Revenue, By Region, 2014 – 2023 (US$ Mn)
9.3.1. Latin America
9.3.1.1. Latin America Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
9.3.1.2. Latin America Pacific Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
9.3.2. Middle-East and Africa
9.3.2.1. Middle-East and Africa Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
9.3.2.2. Middle-East and Africa Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)

10. Company Profiles
10.1. Hexagon AB
10.2. Carl Zeiss AG
10.3. Renishaw Plc.
10.4. Mitutoyo Corporation
10.5. Nikon Metrology Inc.
10.6. Danish Micro Engineering A/S
10.7. Optical Gaging Products Inc.
10.8. Trescal SA
10.9. Optical Metrological Services
10.10. Faro Technologies, Inc.
10.11. Perceptron, Inc.
10.12. GE Measurement & Control Solutions Inc.

List of Figures

FIG. 1 Global Metrology Services: Market Segmentation
FIG. 2 Global Metrology Services Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Metrology Services Market, By Product, 2015 (US$ Mn)
FIG. 5 Global Metrology Services Market, By End-use Application, 2015 (US$ Mn)
FIG. 6 Global Metrology Services Market, By Geography, 2015 (US$ Mn)
FIG. 7 Global Metrology Services Market Revenue and Growth, 2014 – 2023, (US$ Mn and % Y-o-Y)
FIG. 8 See-Saw Analysis : Global Metrology Services Market
FIG. 9 Ecosystem Analysis: Global Metrology Services Industry
FIG. 10 Market Positioning of Key Industry Participants, 2015
FIG. 11 Global Metrology Services Market Revenue Contribution, By Product, 2015 & 2023 (Value %)
FIG. 12 Global Coordinated Measuring Machine Metrology Services Market Revenue and Growth, 2014 – 2023, (US$ Mn)
FIG. 13 Global Articulated Arm Machine Metrology Services Market Revenue and Growth, 2014 – 2023, (US$ Mn)
FIG. 14 Global Horizontal Arm Machine Metrology Services Market Revenue and Growth, 2014 – 2023, (US$ Mn)
FIG. 15 Global Gantry Machine Metrology Services Market Revenue and Growth, 2014 – 2023, (US$ Mn)
FIG. 16 Global Bridge Machine Metrology Services Market Revenue and Growth, 2014 – 2023, (US$ Mn)
FIG. 17 Global ODS Metrology Services Market Revenue and Growth, 2014 – 2023, (US$ Mn)
FIG. 18 Global Metrology Services Market Revenue Contribution, By End-use Application, 2015 & 2023 (US$ Mn)
FIG. 19 Global Metrology Services Market Revenue and Growth for Industrial Manufacturing Applications, 2014 – 2023, (US$ Mn)
FIG. 20 Global Metrology Services Market Revenue and Growth for Automotive Applications, 2014 – 2023, (US$ Mn)
FIG. 21 Global Metrology Services Market Revenue and Growth for Electronic and Electrical Applications, 2014 – 2023, (US$ Mn)
FIG. 22 Global Metrology Services Market Revenue and Growth for Aerospace Applications, 2014 – 2023, (US$ Mn)
FIG. 23 Global Metrology Services Market Revenue and Growth, for Energy and Power Applications, 2014 – 2023, (US$ Mn)
FIG. 24 Global Metrology Services Market Revenue and Growth for Other Applications, 2014 – 2023, (US$ Mn)
FIG. 25 North America Metrology Services Market Revenue and Growth, 2014 – 2023, (US$ Mn) (Y-o-Y %)
FIG. 26 Europe Metrology Services Market Revenue and Growth, 2014 – 2023, (US$ Mn) (Y-o-Y %)
FIG. 27 Asia Pacific Metrology Services Market Revenue and Growth, 2014 – 2023, (US$ Mn) (Y-o-Y %)
FIG. 28 RoW Metrology Services Market Revenue and Growth, 2014– 2023, (US$ Mn) (Y-o-Y %)

List of Tables

TABLE 1 Market Snapshot: Global Metrology Services Market
TABLE 2 Evolution of Metrology Servicess
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 6 North America Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 7 North America Metrology Services Market Revenue, By Country, 2014 – 2023 (US$ Mn)
TABLE 8 U.S. Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 9 U.S. Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 10 Canada Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 11 Canada Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 12 Europe Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 13 Europe Metrology Services Market Revenue, By End-use Application, 2015 – 2023 (US$ Mn)
TABLE 14 Europe Metrology Services Market Revenue, By Country, 2014 – 2023 (US$ Mn)
TABLE 15 U.K. Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 16 U.K. Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 17 France Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 18 France Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 19 Germany Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 20 Germany Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 21 Rest of Europe Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 22 Rest of Europe Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 23 Asia Pacific Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 24 Asia Pacific Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 25 Asia Pacific Metrology Services Market Revenue, By Country, 2014 – 2023 (US$ Mn)
TABLE 26 China Metrology Services Market Revenue, By Product, 2014- 2023 (US$ Mn)
TABLE 27 China Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 28 Japan Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 29 Japan Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 30 India Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 31 India Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 32 Rest of Asia Pacific Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 33 Rest of Asia Pacifc Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 34 Rest of World Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 35 Rest of World Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 36 Rest of World Metrology Services Market Revenue, By Region, 2014 – 2023 (US$ Mn)
TABLE 37 Latin America Metrology Services Market Revenue, By Product ype, 2014 – 2023 (US$ Mn)
TABLE 38 Latin America Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)
TABLE 39 Middle-East and Africa Metrology Services Market Revenue, By Product, 2014 – 2023 (US$ Mn)
TABLE 40 Middle-East and Africa Metrology Services Market Revenue, By End-use Application, 2014 – 2023 (US$ Mn)