The global industrial metrology market size was USD 10.2 Bn in 2022 and is likely to reach USD 16.32 Bn by 2031, expanding at a CAGR of 6.58 % during 2023 – 2031. Increasing demand for metrology solutions to ensure quality standards and production efficiency while optimizing manufacturing processes is projected to propel the market.
Industrial metrology is the science and practice of measurement that is used in various industries to ensure the accuracy, quality, and reliability of manufactured products. It involves the use of specialized instruments and techniques to measure and analyze the dimensions, geometric shapes, surface characteristics, and other properties of objects or components.
The primary purpose of industrial metrology is to ensure that products meet specified standards and tolerances. It precisely measures and assesses the physical attributes of manufactured parts, which helps companies to verify their compliance with design specifications to identify any deviations or defects. Furthermore, it helps to make necessary adjustments or improvements in the manufacturing process to reduce errors.
Metrology enables manufacturers to maintain consistent quality by identifying and rectifying any variations or defects early in the production process. This helps in reducing waste, minimizing rework, and ensuring that products meet customer expectations. Moreover, it aids in achieving higher efficiency and productivity by optimizing manufacturing processes, reducing downtime, and enhancing automation.
Industrial metrology finds applications in a wide range of industries including automotive, aerospace, electronics, medical devices, and consumer goods. In aerospace, metrology iscrucial for verifying the accuracy of aircraft components, such as turbine blades or structural elements, to ensure safe and reliable operation. Similarly, in the electronics industry metrology is employed to measure the thickness, flatness, and electrical properties of semiconductor wafers or circuit boards, which ensure the functionality of electronic devices.
The COVID-19 pandemic affected the industrial metrology market. Many industries experienced a slowdown or temporary halt in operations due to the lockdown and several restrictions imposed by governments. This led to a sharp decline in the demand for industrial metrology solutions, as manufacturers ceased their production or postponed investments in new equipment.
Industrial Metrology Market Dynamics
Major Drivers
Rising application of metrology solutions in the automotive sector is expected to drive the market during the projected period. The automobile industry has stringent quality standards to ensure the safety and reliability of vehicles. Industrial metrologyplays a crucial role in verifying the dimensional accuracy and quality of various components used in automobile manufacturing. Precise measurement and inspection of engine parts, body panels, chassis components, and other critical elements are essential to meet quality standards. Metrology solutions enable automotive manufacturers to perform thorough inspections, identify deviations or defects and maintain consistent quality across production lines.
Growing demand for big data analytics is another key driver in the industrial metrology market. Big data analytics enables manufacturers to leverage the vast amount of data generated by industrial metrology systems. This analyzed data is used by manufacturers to gain valuable insights into their production processes to identify trends and make data-driven decisions. It further provides a deeper understanding of quality control, process optimization, and product performance to improve operational efficiency and better decision-making.
Existing Restraints
The lack of expertise in handling metrology systems is expected to hinder the market. Metrological systems often involve complex and advanced equipment such as coordinate measuring machines (CMMs), 3D scanners, and optical measurement devices. Operating and maintaining these systems require specialized knowledge and skills. However, the shortage of trained professionals with expertise in metrology is likely to limit the effective utilization of these systems and impede their adoption.
Emerging Opportunities
Increasing advancement in measurement technologies is likely to create immense opportunities for the key players competing in the market. The emergence of advanced measurement technologies, such as optical metrology, 3D scanning, and non-contact measurement systems provides precise and efficient measurement. These technologies offer faster data acquisition, improved accuracy, and enhanced capabilities for complex geometries in various industries such as aerospace, automotive, electronics, and medical devices.
Integration of Industry 4.0 is expected to offer lucrative growth opportunities. The implementation of Industry 4.0 focuses on the digital transformation of manufacturing processes through the use of automation, data exchange, and intelligent systems. By integrating metrology with IoT, cloud computing, data analytics, and artificial intelligence, manufacturers can achieve real-time monitoring, predictive maintenance, and data-driven decision-making for improved productivity and quality control.
Scope of the Industrial Metrology Market Report
The report on the market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Industrial Metrology Market- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type (Hardware, Software, and Services), Equipment (Coordinate Measuring Machine, Measuring Instrument, Optical Digitizer & Scanner, X-Ray & Computed Tomography, 2D Equipment, Automated Optical Inspection, and Others), Application (Reverse Engineering, Quality Control & Inspection, Mapping & Modeling, and Others), andEnd-user (Aerospace & Defense, Automotive, Manufacturing, Semiconductor, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Applied Materials, Inc.; ATT Metrology Solutions; Automated Precision Inc; Baker Hughes Company; Bruker; Cairnhill Metrology; Carl Zeiss AG.; CARMAR ACCURACY CO., LTD.; Creaform; CyberOptics; FARO Technologies, Inc.; Hexagon AB; Intertek Group plc; KEYENCE CORPORATION.; KLA Corporation.; Metrologic Group.; Mitutoyo Corporation.; Perceptron, Inc.; Precision Products Marketing Pvt.Ltd.; Renishaw plc.; SGS Group; Carl Zeiss AG; and TriMet
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Market Segment Insights
Type Segment Analysis
Based on type,the industrial metrology market is divided into hardware, software, and services. The hardware segment is expected to hold a major market share during the projection period, owing to its diverse application and advancement in metrology equipment. Hardware solutions in the industrial metrology industry provide applications across various sectors including automotive, aerospace, electronics, and medical devices. These industries rely on hardware-based metrology solutions to ensure the dimensional accuracy, geometric tolerances, and surface quality of their products.
Hardware manufacturers are continuously investing in research and development to enhance the capabilities of metrology equipment. Advancements in hardware technology such as improved sensor technology, higher measurement accuracy, and increased speed of data acquisition ensure that manufacturers have access to cutting-edge tools for measurement purposes.The wide range of applications and the growing requirement for specialized measurement equipment especially 3d metrology equipment are likely to boost the segment.
Equipment Segment Analysis
In terms ofequipment, the market is fragmented into coordinate measuring machine, measuring instrument, optical digitizer & scanner, x-ray & computed tomography, 2d equipment, automated optical inspection, and others. The optical digitizer & scanner segment is projected to hold a considerable market share in the coming years, due to the increasing demand for highly accurate and precise manufacturing metrology solutions.This equipment captures detailed 3D data including complex geometries, surface textures, and fine features. This capability allows for accurate dimensional analysis, quality control inspections, and reverse engineering processes.
Optical digitizers & scanners enable non-contact measurement, which is highly advantageous in industrial metrology. It has the ability to measure objects without physical touch.These devices use light or laser-based technology to capture precise measurements. Non-contact measurement eliminates the risk of surface damage or deformation, which makes it ideal for delicate or sensitive components.The demand for precise measurements in industries like automotive, aerospace, and manufacturing boosts the adoption of optical digitizers & scanners.
Application Segment Analysis
On the basis of application, the industrial metrology market is segregated into reverse engineering, quality control & inspection, mapping & modeling, and others. The quality control & inspection segment is anticipated to register a robust growth rate during the forecast period,dueto the rising requirements for metrology solutions to ensure for validation of product aging design specifications and the prevention of defective products. The metrology systems provide precise measurements and data analysis to validate the dimensional accuracy, tolerances, and surface quality of components.
Quality control departments highly rely on metrology solutions to ensure that products meet the desired specifications and perform as intended. These solutions enable the detection and prevention of defects in manufacturing processes. This accurately measures and inspects components, which further makes it easy for manufacturers to identify any deviations or anomalies that may indicate defects. Early defect detection allows for corrective actions to be taken to minimize waste, rework, and production delays.
End-user Segment Analysis
Based on end-user,the market is classified as aerospace & defense, automotive, manufacturing, semiconductor, and others. The automotive segment is estimated to hold a large market share in the coming years,owing to thepresence of complex components and assemblies that require precise measurements to meet the design specifications. The industry relies on industrial metrology to ensure the dimensional accuracy and fixing of various parts such as engine components, chassis, body panels, and other interior components.
Industrial metrology helps automotive manufacturers to maintain strict tolerances and ensure seamless integration of components.Furthermore, the automotive industry has stringent quality standards and requirements to ensure the reliability and safety of vehicles. Industrial metrology plays a crucial role in meeting these requirements by providing precise dimensional analysis, surface inspection, and alignment measurements. The demand for high-quality components and the need for accurate measurements propels the preference for metrology solutions in the automotive sector.
Regional Outlook
In terms of region, the global Industrial metrology market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the global market during the assessment period, owing to the increasing industrialization and growing quality standards and regulations. This region has witnessed rapid industrialization in countries like China, India, Japan, and South Korea. This industrial growth has led to a rise in demand for accurate measurement and quality control solutions.
Growing requirement to meet stringent quality standards and regulations due to the rise in international trade and export-oriented manufacturing emphasisis likely to fuel the regional market growth. Industrial metrology plays a vital role in ensuring compliance with these standards by providing accurate measurement, dimensional analysis, and inspection capabilities, which further boosts the market. On the other hand, the market in North America is likely to grow quickly, owing to the rising adoption of industrial metrology and the growing preference toward automation.
Segments
The global industrial metrology market has been segmented on the basis of
Type
- Hardware
- Software
- Services
Equipment
- Coordinate Measuring Machine
- Measuring Instrument
- Optical Digitizer & Scanner
- X-Ray & Computed Tomography
- 2D Equipment
- Automated Optical Inspection
- Others
Application
- Reverse Engineering
- Quality Control & Inspection
- Mapping & Modeling
- Others
End-user
- Aerospace and Defense
- Automotive
- Manufacturing
- Semiconductor
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Applied Materials, Inc.
- ATT Metrology Solutions
- Automated Precision Inc
- Baker Hughes Company
- Bruker
- Cairnhill Metrology
- Carl Zeiss AG.
- CARMAR ACCURACY CO., LTD.
- Creaform
- CyberOptics
- FARO Technologies, Inc.
- Hexagon AB
- Intertek Group plc
- KEYENCE CORPORATION.
- KLA Corporation.
- Metrologic Group.
- Mitutoyo Corporation.
- Perceptron, Inc.
- Precision Products Marketing Pvt.Ltd.
- Renishaw plc.
- SGS Group
- Carl Zeiss AG
- TriMet
Competitive Landscape
Key players competing in the global industrial metrology market are Applied Materials, Inc.; ATT Metrology Solutions; Automated Precision Inc; Baker Hughes Company; Bruker; Cairnhill Metrology; Carl Zeiss AG.; CARMAR ACCURACY CO., LTD.; Creaform; CyberOptics; FARO Technologies, Inc.; Hexagon AB; Intertek Group plc; KEYENCE CORPORATION.; KLA Corporation.; Metrologic Group.; Mitutoyo Corporation.; Perceptron, Inc.; Precision Products Marketing Pvt.Ltd.; Renishaw plc.; SGS Group; Carl Zeiss AG; and TriMet
These companies adopt various strategies such as partnerships, mergers, reduction in production costs, launching new products, and implementing advanced technologies to boost their market share. For instance,
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On May 4, 2023,Creaform, a global manufacturer of measurement technologies launchedaportable 3D and automated measurement technology solution for the casting industry. This new 3D metrology system will help foundries and casting manufacturers to get a fast and accurate instrumental measure during the processes of product development. The precise measurement makes analysis easy and further shows clear and intuitive results.
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