In the last couple of years, there
has been an increasing need for more accurate and reliable
measurements, not only in the domains of national and international
trade and manufacturing but also in sectors such as environment
protection, human health and safety, communication, and across
diverse fields of engineering and science. The enhanced need for a
universal, comparable, and traceable measurement standard in
different realms of society has emerged as a significant factor
driving the demand for metrology services across the globe.
Full Report Description of Metrology Services Market is available
at :
Metrology has found increased
applications across different industry verticals and is witnessing
dynamic shifts in growth trends. It helps manufacturers to increase
their efficiency by optimizing productivity without significantly
affecting the resource requirements. Different metrology products can
be used independently or as integrated systems for functions such as
measurement (3D), quality control or inspection, reverse engineering,
product quality optimization, or to minimize need of reworks, and
reduce scrap/waste generation during the manufacturing process.
However, considering the high cost of such precision equipments, it
becomes financially challenging for manufacturers to be able to keep
their inventory at par with technological developments resulting in
new product introduction in the market. This has given rise to
service sector, wherein third party vendors are outsourced the
instrumentation and measurement section. The metrology services
market is broadly categorized into product segments such as
coordinate measuring machines (CMM) and optical digitizers and
scanners (ODS).
According to expert research
analysts, the fastest growing product in the global metrology
services market is ODS. This segment is expected to grow at a CAGR of
8.9% to reach a valuation of US$435.8 million by 2018. In 2012, 3D
laser scanners accounted for 35.1% of the overall metrology services
market due to growing usage of precise measurements and touch probe
technology. Furthermore, analysts also predict that coordinate
measuring machines will grow at a CAGR of 7.2% in the forecast
period.
The report gives an insight into
the competitive landscape of the global metrology services market by
profiling some of the crucial players. The ones profiled in this
report are Renishaw Plc, Hexagon AB, Optical Gaging Products, Inc.,
Carl Zeiss Corporation, Trescal SA, Nikon Metrology Inc., Danish
Micro Engineering A/S, Optical Metrological Services, and FARO
Technologies, Inc. The report dedicates a chapter to profiles of
these companies, highlighting their financial overview, investment
plans, list of services, and their research and development
activities.
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Various segments and sub-segments of the global metrology services
market are:
Market segments by product type
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
Market segments by applications
> Automotive
> Aerospace
> Industrial
> Power generation
> Others (medical and
electronics)
Market segments by geography
> North America
> Europe
> Asia-Pacific
> Rest of the world (Latin
America, Middle East and Africa)
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