The global metrology services market size was valued at USD 573.7 million in 2016, registering a CAGR of 7.3% over the forecast period. Market is gaining prominence owing to increased demand across industrial, automotive, and power generation among other end-use sectors. This rise in demand can be attributed to growing adherence to international quality standards for better services. Rise in international quality standard for precision management across the entire industry domain has encouraged demand for metrology equipment and services. This adoption is anticipated to proliferate over the forecast period.
Furthermore, it is vital for a company to have multiple measurement technologies aimed to ensure precise measurement to maintain and enhance product quality. Operational efficiency is crucial for automotive, oil, gas, and chemicals among other process industries. In light of this metrology solutions are increasingly being adopted in shop floor environment. These solutions enable automated measuring processes and are anticipated to propel market expansion in near future.
Increasing demand for precise measurement of parts and components from automotive, electronics, and power generation industries is expected to spur market over the forecast period. High significance in different industrial applications such as mining and heavy industrial production, manufacturing, fabrication, refineries, to material analysis has led to growth of metrology services market. Moreover, other industrial applications such as crack and failure analysis, grain sizing, cast iron modulatory and flake analysis, and surface analysis are anticipated to drive market expansion over the forecast period.
Development of software led process automation and portable metrology equipment for industry-specific customized services have added momentum to market growth. Need for high accuracy and fewer tolerance limits for automotive, aerospace, medical, electronics, and other industrial sectors is anticipated to fuel demand for Computer Aided Manufacturing (CAM) and Computer Aided Designed (CAD) based processes.
Innovation in metrology software packages such as robotic metrology and geometric dimensioning and tolerance may further catapult demand for metrology services over the forecast period. Furthermore, lack of availability of existing measuring tools for precise measurement, paired with scarcity of skilled machine operator is anticipated to drive demand over the forecast period.
The coordinate measuring machine (CMM) segment is anticipated to witness a CAGR of 8.0% from 2016 to 2025. Ability of CMM to provide positional, dimensional, and surface measurement in a single system is expected to be the key driving factor for this segment. In addition, CMM provides a precise measurement of objects for testing, assembling, design, profiling, and reverse engineering of parts. High demand for calibration, machine installation, and retrofitting provided by CMM is expected to further impel market expansion over the forecast period.
Articulated arm machines, within CMM segment, is anticipated to witness a high CAGR of 8.9% over the forecast period. The segment was valued at USD 72.8 million in 2016. Its growth accredits to high accuracy for length measurement, speed, and resolution for different applications. These machines are used in automotive design, styling and pilot plant metrology applications. Their key benefits include high-temperature resistance capability, optimization for hard-to-scan surface, high accuracy, and fast data throughput to save time and money.
The optical digitizer and scanner (ODS) segment is projected to reach USD 321.2 million by 2016, expanding at a healthy CAGR of 6.8% over the forecast period. Laser scanners are capable of capturing entire geometry for inspection and engineering purposes. They offer high accuracy and improved speed in a real-time of operation. Increased application in areas such as surface analysis, gas turbine blade and automotive component inspection, automotive design and styling, and powertrain components are anticipated to drive the segment at a robust pace over the forecast period.
Industrial application segment was valued at USD 145.7 million in 2016 and is anticipated to register a CAGR of 8.1% over the forecast period. An increasing application in crack and failure, grain sizing, cast iron modulatory and flake, and surface analysis is anticipated to drive the market over the forecast period. Different applications such as precision measurement of a custom part, 3D CAD to part inspection for molds and assemblies, laser tracker and large volume scanning for high accuracy, and better quality product output is anticipated be a strong factor driving the market growth.
Automotive was valued at USD 134.5 million in 2016. Increasing demand for metrology services had a huge impact on automotive applications. Different automotive applications include inspection of filters, flush and gap, automotive components, metal sheet, and full vehicle; assembly plant setup; automotive designing and styling; pilot plant metrology; powertrain components; and streamlining vehicle pre-production. Metrology services play a major role in mining and heavy industrial production, manufacturing, fabrication, refineries, and material analysis.
Europe was the dominant regional segment valued at USD 189.3 million in 2016. This growth can be attributed to presence of a large number of automotive manufacturers. Metrology services are mostly used in automotive industries for inspection in a pilot plant for vehicle assembly to avoid quality issues at the time of new vehicle production. In addition, 3D laser scanner technology is used for virtual assembling of automotive components for physical evaluation prototypes and eliminates the need for costly specialized verification tooling.
Asia Pacific is expected to be the fastest-growing region over the forecast period. Industrial and power generation applications are expected to drive the market for metrology services in Asia Pacific. 3D scanner-based metrology services used in different power generation applications are anticipated to drive regional growth. Dimensional metrology applications in power generation industry can further spur regional growth over the forecast period.
Metrology services are used in horizontal machine bearing, main shaft, casting, turbines, tops-off alignment, scroll case geometry and assembly, and other power generation applications. They use latest laser technology and portable coordinate measurement arms, and large volume scanners in such application may surge demand in near future.
A large number of potential suppliers offer similar metrology solutions. Most players are engaged in continuous research and development activities to offer unique services at low cost. Additionally, launch of new products and mergers and acquisitions are a few other strategies adopted by the player to gain a competitive edge and greater market presence.
Carl Zeiss Corporation; Danish Micro Engineering A/S; FARO Technologies Inc.; Hexagon AB; Nikon Inc.; and Renishaw PLC are the key market players. These market players also manufacture metrology equipment along with providing services to the industry.
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Attribute |
Details |
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Base year for estimation |
2015 |
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Actual estimates/Historical data |
2014 |
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Forecast period |
2016 - 2025 |
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Market representation |
Revenue in USD Million & CAGR from 2016 to 2025 |
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Regional scope |
North America, Europe, Asia Pacific, Latin America, and MEA |
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Country scope |
U.S., Canada, U.K., Germany, China, India, Japan, South Korea, Brazil, and Mexico |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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15% free customization scope (equivalent to 5 analyst working days) |
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global metrology services market report on the basis of product, application, and region:
Product Outlook (Revenue, USD Million, 2014 - 2025)
Coordinate Measuring Machine (CMM)
Gantry Machine
Bridge Machine
Articulated Arm Machine
Horizontal Arm Machine
Optical Digitizer and Scanner (ODS)
3D Laser Scanner
White Light Scanner
Laser Tracker
Application Outlook (Revenue, USD Million, 2014 - 2025)
Automotive
Aerospace
Industrial
Power Generation
Others
Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America
U.S.
Canada
Europe
Germany
U.K.
France
Switzerland
Asia Pacific
China
Japan
South Korea
India
Latin America
Brazil
Mexico
Middle East & Africa
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