Metrology Services market size is expected to grow at 5.8% throughout the forecast period, reaching nearly US$ 1212.24 Million by 2029. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report Rising adoption of analytic transformative services such as big data analytics, cyber security, data analytics, and predictive analytics in legacy systems is anticipated to support growth of market. These analytical services advents incorporations among diverse industries for quality planning, quality control, and quality assurance. Furthermore, this integration offers several benefits at diverse vertical levels such as component manufacturing, condition monitoring, and equipment testing that is projected to support growth of global market. Moreover, rising prominence of predictive analytics among industry sector is anticipated to proliferate growth of global market on account of its features such as data monitoring, data analysis, and data mining in order to provide end on evaluation solutions. Conversely, dearth of skilled professionals to handle advanced metrology systems is likely to restraint growth of metrology services in global market. Additionally, high initial investment and hardware implementation cost is anticipated to hinder growth of global metrology services market to a certain extent.
Metrology Services Market Segment Analysis
Based on product type, global metrology services market for CMM is anticipated to grow at a CAGR of above xx % from 2022 to 2029 while metrology services market for ODS is projected to show the growth rate of xx % throughout the same forecast period. This is because ODS provides more accuracy for measurement of difficult geometries with touch probe accuracy. Among all the ODS products, demand for 3D laser scanners is higher because of its high accuracy and better preciseness.Metrology Services Market Regional Analysis:
Geographically, the market in North America is anticipated to dominate the global market in terms of revenue, on account of presence of well-developed flexible and scalable healthcare infrastructures and technology in countries of the region. Asia Pacific region is anticipated to witness fastest growth in terms of revenue and adoption of metrology services because of rapidly rising industrialization in countries such as India and China. The Latin America, Middle East and Africa are anticipated to witness significant growth over the next 8 years on account of increasing preferences for cost effective offshoring and high product adaptability for fair trade. The growth of market in Europe is projected to be driven by presence of stringent government regulations concerning safety and protection of individual property among organizations. Global metrology services market analyses trends, applications, growth, and forecast to 2029, which offers comprehensive insights, revenue details, and other vital information regarding global metrology services market, and the several trends, drivers, restraints, opportunities, and threats in the market till 2029. The report offers perceptive and complete information regarding the numerous key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, M&A, and market footprint. The global metrology services market report has been segmented on the basis of product type, application, and region. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global metrology services market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in prioritizing the efforts and investment in the near future to the emerging segment in global metrology services market.Scope of Global Metrology Services Market: Inquire before buying
Global Metrology Services Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 816.88 Mn. Forecast Period 2023 to 2029 CAGR: 5.8% Market Size in 2029: US $ 1212.24 Mn. Segments Covered: by Product Coordinate Measuring Machines (CMM) Gantry machines Bridge machines Articulated arm machines Horizontal arm machines Optical Digitizers and Scanners (ODS) 3D laser scanners White light scanners Laser trackers by Application Automotive Aerospace Industrial Power generation Others Metrology Services Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Metrology Services Market Key Players are:
1. Atos SE 2. Cognizant Technology Solution Corporation 3. Genpact Ltd 4. Infosys Ltd 5. Nikon Metrology NV 6. Renishaw PLC 7. FARO Technologies, Inc. 8. Carl Zeiss AG 9. Trescal SA 10.Hexagon AB 11.Quality Vision International 12.Optical Metrology Services Ltd 13.Perceptron, Inc. 14.Intertek Group plc 15.Dimensional Metrology Services. 16.Marand Precision 17.Verus Precision Ltd 18.CREAFORM 19.East Coast Metrology, LLC 20.Metalock Engineering Group 21.Metrology Services, Inc. 22.Rice Lake Weighing System 23.Roberts Metrology Services 24.Precision Optical 25.Greywall, Inc 26.Apex AlabamaFrequently Asked questions
1. What is the market size of the Global Metrology Services Market in 2022? Ans. The market size Global Metrology Services Market in 2022 was US$ 816.88 Million. 2. What are the different segments of the Global Metrology Services Market? Ans. The Global Market is divided into Product and Application. 3. What is the study period of this market? Ans. The Global Metrology Services Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Metrology Services Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Metrology Services Market? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Metrology Services Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Metrology Services Market: Dynamics 2.1. Metrology Services Market Trends by Region 2.1.1. North America Metrology Services Market Trends 2.1.2. Europe Metrology Services Market Trends 2.1.3. Asia Pacific Metrology Services Market Trends 2.1.4. Middle East and Africa Metrology Services Market Trends 2.1.5. South America Metrology Services Market Trends 2.2. Metrology Services Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Metrology Services Market Drivers 2.2.1.2. North America Metrology Services Market Restraints 2.2.1.3. North America Metrology Services Market Opportunities 2.2.1.4. North America Metrology Services Market Challenges 2.2.2. Europe 2.2.2.1. Europe Metrology Services Market Drivers 2.2.2.2. Europe Metrology Services Market Restraints 2.2.2.3. Europe Metrology Services Market Opportunities 2.2.2.4. Europe Metrology Services Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Metrology Services Market Drivers 2.2.3.2. Asia Pacific Metrology Services Market Restraints 2.2.3.3. Asia Pacific Metrology Services Market Opportunities 2.2.3.4. Asia Pacific Metrology Services Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Metrology Services Market Drivers 2.2.4.2. Middle East and Africa Metrology Services Market Restraints 2.2.4.3. Middle East and Africa Metrology Services Market Opportunities 2.2.4.4. Middle East and Africa Metrology Services Market Challenges 2.2.5. South America 2.2.5.1. South America Metrology Services Market Drivers 2.2.5.2. South America Metrology Services Market Restraints 2.2.5.3. South America Metrology Services Market Opportunities 2.2.5.4. South America Metrology Services Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Metrology Services Industry 2.8. Analysis of Government Schemes and Initiatives For Metrology Services Industry 2.9. Metrology Services Market Trade Analysis 2.10. The Global Pandemic Impact on Metrology Services Market 3. Metrology Services Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Metrology Services Market Size and Forecast, by Product (2022-2029) 3.1.1. Coordinate Measuring Machines (CMM) 3.1.2. Gantry machines 3.1.3. Bridge machines 3.1.4. Articulated arm machines 3.1.5. Horizontal arm machines 3.1.6. Optical Digitizers and Scanners (ODS) 3.1.7. 3D laser scanners 3.1.8. White light scanners 3.1.9. Laser trackers 3.2. Metrology Services Market Size and Forecast, by Application (2022-2029) 3.2.1. Automotive 3.2.2. Aerospace 3.2.3. Industrial 3.2.4. Power generation 3.2.5. Others 3.3. Metrology Services Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Metrology Services Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Metrology Services Market Size and Forecast, by Product (2022-2029) 4.1.1. Coordinate Measuring Machines (CMM) 4.1.2. Gantry machines 4.1.3. Bridge machines 4.1.4. Articulated arm machines 4.1.5. Horizontal arm machines 4.1.6. Optical Digitizers and Scanners (ODS) 4.1.7. 3D laser scanners 4.1.8. White light scanners 4.1.9. Laser trackers 4.2. North America Metrology Services Market Size and Forecast, by Application (2022-2029) 4.2.1. Automotive 4.2.2. Aerospace 4.2.3. Industrial 4.2.4. Power generation 4.2.5. Others 4.3. North America Metrology Services Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Metrology Services Market Size and Forecast, by Product (2022-2029) 4.3.1.1.1. Coordinate Measuring Machines (CMM) 4.3.1.1.2. Gantry machines 4.3.1.1.3. Bridge machines 4.3.1.1.4. Articulated arm machines 4.3.1.1.5. Horizontal arm machines 4.3.1.1.6. Optical Digitizers and Scanners (ODS) 4.3.1.1.7. 3D laser scanners 4.3.1.1.8. White light scanners 4.3.1.1.9. Laser trackers 4.3.1.2. United States Metrology Services Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Automotive 4.3.1.2.2. Aerospace 4.3.1.2.3. Industrial 4.3.1.2.4. Power generation 4.3.1.2.5. Others 4.3.2. Canada 4.3.2.1. Canada Metrology Services Market Size and Forecast, by Product (2022-2029) 4.3.2.1.1. Coordinate Measuring Machines (CMM) 4.3.2.1.2. Gantry machines 4.3.2.1.3. Bridge machines 4.3.2.1.4. Articulated arm machines 4.3.2.1.5. Horizontal arm machines 4.3.2.1.6. Optical Digitizers and Scanners (ODS) 4.3.2.1.7. 3D laser scanners 4.3.2.1.8. White light scanners 4.3.2.1.9. Laser trackers 4.3.2.2. Canada Metrology Services Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Automotive 4.3.2.2.2. Aerospace 4.3.2.2.3. Industrial 4.3.2.2.4. Power generation 4.3.2.2.5. Others 4.3.3. Mexico 4.3.3.1. Mexico Metrology Services Market Size and Forecast, by Product (2022-2029) 4.3.3.1.1. Coordinate Measuring Machines (CMM) 4.3.3.1.2. Gantry machines 4.3.3.1.3. Bridge machines 4.3.3.1.4. Articulated arm machines 4.3.3.1.5. Horizontal arm machines 4.3.3.1.6. Optical Digitizers and Scanners (ODS) 4.3.3.1.7. 3D laser scanners 4.3.3.1.8. White light scanners 4.3.3.1.9. Laser trackers 4.3.3.2. Mexico Metrology Services Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Automotive 4.3.3.2.2. Aerospace 4.3.3.2.3. Industrial 4.3.3.2.4. Power generation 4.3.3.2.5. Others 5. Europe Metrology Services Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Metrology Services Market Size and Forecast, by Product (2022-2029) 5.2. Europe Metrology Services Market Size and Forecast, by Application (2022-2029) 5.3. Europe Metrology Services Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Metrology Services Market Size and Forecast, by Product (2022-2029) 5.3.1.2. United Kingdom Metrology Services Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Metrology Services Market Size and Forecast, by Product (2022-2029) 5.3.2.2. France Metrology Services Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Metrology Services Market Size and Forecast, by Product (2022-2029) 5.3.3.2. Germany Metrology Services Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Metrology Services Market Size and Forecast, by Product (2022-2029) 5.3.4.2. Italy Metrology Services Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Metrology Services Market Size and Forecast, by Product (2022-2029) 5.3.5.2. Spain Metrology Services Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Metrology Services Market Size and Forecast, by Product (2022-2029) 5.3.6.2. Sweden Metrology Services Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Metrology Services Market Size and Forecast, by Product (2022-2029) 5.3.7.2. Austria Metrology Services Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Metrology Services Market Size and Forecast, by Product (2022-2029) 5.3.8.2. Rest of Europe Metrology Services Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Metrology Services Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Metrology Services Market Size and Forecast, by Product (2022-2029) 6.2. Asia Pacific Metrology Services Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Metrology Services Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Metrology Services Market Size and Forecast, by Product (2022-2029) 6.3.1.2. China Metrology Services Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Metrology Services Market Size and Forecast, by Product (2022-2029) 6.3.2.2. S Korea Metrology Services Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Metrology Services Market Size and Forecast, by Product (2022-2029) 6.3.3.2. Japan Metrology Services Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Metrology Services Market Size and Forecast, by Product (2022-2029) 6.3.4.2. India Metrology Services Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Metrology Services Market Size and Forecast, by Product (2022-2029) 6.3.5.2. Australia Metrology Services Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Metrology Services Market Size and Forecast, by Product (2022-2029) 6.3.6.2. Indonesia Metrology Services Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Metrology Services Market Size and Forecast, by Product (2022-2029) 6.3.7.2. Malaysia Metrology Services Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Metrology Services Market Size and Forecast, by Product (2022-2029) 6.3.8.2. Vietnam Metrology Services Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Metrology Services Market Size and Forecast, by Product (2022-2029) 6.3.9.2. Taiwan Metrology Services Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Metrology Services Market Size and Forecast, by Product (2022-2029) 6.3.10.2. Rest of Asia Pacific Metrology Services Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Metrology Services Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Metrology Services Market Size and Forecast, by Product (2022-2029) 7.2. Middle East and Africa Metrology Services Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Metrology Services Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Metrology Services Market Size and Forecast, by Product (2022-2029) 7.3.1.2. South Africa Metrology Services Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Metrology Services Market Size and Forecast, by Product (2022-2029) 7.3.2.2. GCC Metrology Services Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Metrology Services Market Size and Forecast, by Product (2022-2029) 7.3.3.2. Nigeria Metrology Services Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Metrology Services Market Size and Forecast, by Product (2022-2029) 7.3.4.2. Rest of ME&A Metrology Services Market Size and Forecast, by Application (2022-2029) 8. South America Metrology Services Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Metrology Services Market Size and Forecast, by Product (2022-2029) 8.2. South America Metrology Services Market Size and Forecast, by Application (2022-2029) 8.3. South America Metrology Services Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Metrology Services Market Size and Forecast, by Product (2022-2029) 8.3.1.2. Brazil Metrology Services Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Metrology Services Market Size and Forecast, by Product (2022-2029) 8.3.2.2. Argentina Metrology Services Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Metrology Services Market Size and Forecast, by Product (2022-2029) 8.3.3.2. Rest Of South America Metrology Services Market Size and Forecast, by Application (2022-2029) 9. Global Metrology Services Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Metrology Services Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Atos SE 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Cognizant Technology Solution Corporation 10.3. Genpact Ltd 10.4. Infosys Ltd 10.5. Nikon Metrology NV 10.6. Renishaw PLC 10.7. FARO Technologies, Inc. 10.8. Carl Zeiss AG 10.9. Trescal SA 10.10. Hexagon AB 10.11. Quality Vision International 10.12. Optical Metrology Services Ltd 10.13. Perceptron, Inc. 10.14. Intertek Group plc 10.15. Dimensional Metrology Services. 10.16. Marand Precision 10.17. Verus Precision Ltd 10.18. CREAFORM 10.19. East Coast Metrology, LLC 10.20. Metalock Engineering Group 10.21. Metrology Services, Inc. 10.22. Rice Lake Weighing System 10.23. Roberts Metrology Services 10.24. Precision Optical 10.25. Greywall, Inc 10.26. Apex Alabama 11. Key Findings 12. Industry Recommendations 13. Metrology Services Market: Research Methodology 14. Terms and Glossary