Metrology Services Market Share, Emerging Trends and Competitive Landscape till 2025

Metrology Services Market Share, Emerging
Trends and Competitive Landscape till 2025
“Rising demand for design accuracy and product quality among manufacturing companies to control
operational cost is anticipated to propel metrology services market growth.”
The global Metrology Services Market is estimated to witness a healthy CAGR during the forecast period, according
to a report available on Million Insights. Metrology refers to scientific high precision way of measuring geometrical
properties of assemblies and components being produced by manufacturing facilities. Technologically advanced
machines are used to perform accurate measurement of the object for assembling, testing, profiling, design, and
reverse engineering of components.
Rising demand for design accuracy and product quality among manufacturing companies to control operational cost
is anticipated to propel metrology services market growth. High quality finished goods are going to reduce
possibilities to product recall, which will eventually reduce additional operational expenses for manufacturers.
Advent of portable metrology equipment and software-based process automation is also expected to impel market
growth. Moreover, increasing use of cloud enabled metrology software packages such as point cloud, on-machine,
geometric dimensioning will drive the metrology services industry over the forecast period.
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Manufacturing companies are investing in R&D to develop innovative products that can perform according to quality
standards being adopting by end-use industries. For instance, in May 2019, API launched portable arm coordinate
measuring machine (PCMM). The arm’s features include internal counterbalance for operator’s comfort and
automatic detection of tactile probe diameter. In addition, this 7-axis arm includes blue laser scanner to perform
accurate, fast, and flexible scanning of complex components. It offers a scanning speed of 600,000 points per second
and laser line width of 200mm.
Product Insights:

Based on product, the metrology services market can be categorized into coordinate-measuring machine (CMM) and
optical digitizer and scanner (ODS). ODS segment is anticipated to witness highest CAGR over the forecast period.
Laser scanners have ability to capture overall geometry for engineering and inspection purposes. They offer high
speed and accuracy in real-time operations. In addition, increasing use of ODS in applications including automotive
component inspection, surface analysis, and powertrain components will drive segment’s growth in coming years.
Application Insights:
In terms of application, the metrology services industry can be categorized into aerospace, automotive, industrial,
power generation, and others. Automotive segment is expected to witness significant growth over the forecast period
owing to rising focus on safety and comfort. Growing adoption of laser trackers, portable coordinate measurement
system for three-dimensional (3D) inspection in automobile manufacturing facilities is driving segment’s growth. In
addition, rising demand for luxury and fuel-efficient vehicles will drive segment’s growth over the forecast period.
Regional Insights:
Regional segmentation includes Europe, North America, Asia Pacific, and Rest of World (RoW). Asia Pacific is expected
to witness highest CAGR over the forecast period owing to growth of industrialization and urbanization in developing
economies including India and China. China is expected to be the leading producer of steel, chemical, iron, food, and
transportation equipment. Thereby, increasing number of manufacturing facilities is driving demand for metrology
services in the country. In addition, growth of aerospace and defense industry is expected to impel demand for
technologically advanced measuring techniques. Aircraft manufacturers are focusing more on interiors to reflect
luxury and lifestyle as never before. Rising focus on safety of passengers through high-precision measurement of
aircraft components will drive regional market growth.
Some of the key players in metrology services market are Renishaw PLC, Hexagon AB, Nikon Metrology NV, Carl Zeiss
Corporation; and Trescal SA. Companies are following business strategies such as new product launch and target
marketing to expand their product portfolio. In addition, companies are also looking for mergers and acquisitions to
gain competitive edge. For instance, Zeiss Industrial Quality Solutions has recently acquired GOM. The merger is
aimed to expand applications and capabilities of optical digitization systems. It will strengthen the leading
technological position of Zeiss in the market. In addition, combination of existing solutions and products along with
joint innovations will create new business opportunities for the company in coming years.
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Market Segment:
Metrology Services Product Outlook (Revenue, USD Million, 2015 - 2025)
• CMM
• Gantry Machine

• Bridge Machine
• Articulated Arm Machine
• Horizontal Arm Machine
• ODS
• 3D Laser Scanner
• White Light Scanner
• Laser Tracker
Metrology Services Application Outlook (Revenue, USD Million, 2015 - 2025)
• Automotive
• Aerospace
• Industrial
• Power Generation
• Others
Metrology Services Regional Outlook (Revenue, USD Million, 2015 - 2025)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Asia Pacific

• China
• Japan
• South Korea
• India
• RoW
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