Global Metrology Services Market 2024-2028

Global Metrology Services Market 2024-2028
The metrology services market is forecasted to grow by USD 1196.63 mn during 2023-2028, accelerating at a CAGR of 14.72% during the forecast period. The report on the metrology services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use of CAD by manufacturers, growing adherence to global quality standards, and inability of traditional measurement products to analyze complex geometries.

Technavio's metrology services market is segmented as below:

By ApplicationHeavy equipmentAutomotiveAerospace and defenseOthersBy ProductCoordinate measuring machines (CMM)Optical digitizersscanners (ODS)By Geographical LandscapeEuropeAPACNorth AmericaSouth AmericaMiddle East and AfricaThis study identifies the shrinking lifecycle of consumer and industrial products as one of the prime reasons driving the metrology services market growth during the next few years. Also, increasing number of m and a in the market and emerging applications of metrology services in additive manufacturing will lead to sizable demand in the market.

The report on the metrology services market covers the following areas:Metrology services market sizingMetrology services market forecastMetrology services market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading metrology services market vendors that include AMETEK Inc., Apex Metrology Ltd, Atlas Copco AB, ATT Metrology Services, Automated Precision Inc., Avon Dynamic Calibration Ltd., Carl Zeiss AG, FARO Technologies Inc., Hexagon AB, In Place Machining Company LLC, Intertek Group Plc, Keyence India Pvt. Ltd., KLA Corp., Mitutoyo Corp., Nikon Corp., Optical Metrology Services Ltd, Optimax Imaging Inspection and Measurement Ltd, Quality Vision International Inc., Renishaw Plc, and Trescal International SAS. Also, the metrology services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.