Latin America Metrology Services Market Size & Outlook
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Latin America metrology services market highlights
- The Latin America metrology services market generated a revenue of USD 66.4 million in 2024.
- The market is expected to grow at a CAGR of 6.2% from 2025 to 2030.
- In terms of segment, ods was the largest revenue generating product in 2024.
- ODS is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 66.4 million |
| Market revenue in 2030 | USD 95.5 million |
| Growth rate | 6.2% (CAGR from 2025 to 2030) |
| Largest segment | Ods |
| Fastest growing segment | ODS |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CMM, ODS |
| Key market players worldwide | Hexagon AB ADR, Carl Zeiss AG, Renishaw PLC, Nikon Metrology, Quality Vision International, Optical Metrology Services, Intertek Group PLC, Metalock Engineering, RICE LAKE WEIGHING SYSTEMS |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global metrology services market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 394.8 million by 2030.
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Metrology Services Market Scope
Metrology Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Metalock Engineering | View profile | 51-100 | Göteborg, Vastra Gotaland, Sweden, Europe | https://www.metalockengineering.com |
| Optical Metrology Services | View profile | 11-50 | Stansted, Essex, United Kingdom, Europe | https://www.omsmeasure.com |
| Quality Vision International | View profile | 251-500 | Rochester, New York, United States, North America | https://www.qvii.com/ |
| Nikon Metrology | View profile | 251-500 | Leuven, Vlaams-Brabant, Belgium, Europe | https://www.nikonmetrology.com/en-us/ |
| Carl Zeiss AG | View profile | - | - | - |
| RICE LAKE WEIGHING SYSTEMS | View profile | 251-500 | Rice Lake, Wisconsin, United States, North America | https://www.ricelake.com |
| Renishaw PLC | View profile | 5175 | New Mills, Wotton-under-Edge, Gloucestershire, United Kingdom, GL12 8JR | https://www.renishaw.com |
| Hexagon AB ADR | View profile | 24091 | Lilla Bantorget 15, Stockholm, Sweden, SE-111 23 | https://www.hexagon.com |
| Intertek Group PLC | View profile | 44000 | 33 Cavendish Square, London, United Kingdom, W1G 0PS | https://www.intertek.com |
Latin America metrology services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to metrology services market will help companies and investors design strategic landscapes.
Ods was the largest segment with a revenue share of 65.21% in 2024. Horizon Databook has segmented the Latin America metrology services market based on cmm, ods covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America metrology services market databook
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Our clientele includes a mix of metrology services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America metrology services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America metrology services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America metrology services market size, by country, 2018-2030 (US$M)
Latin America Metrology Services Market Outlook Share, 2024 & 2030 (US$M)
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