Metrology Services Market
Metrology Services Market Analysis by Coordinate Measuring Machines (CMM) and Optical Digitizers and Scanners (ODS) from 2022 to 2032
Analysis of Metrology Services Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Metrology Services Market Outlook (2023 to 2033)
The global metrology services market is expected to be worth US$ 1.0 billion in fiscal year 2023, up from US$ 950 million in fiscal year 2022. From 2023 to 2033, the market is expected to grow at a 6.1% CAGR, reaching a value of US$ 1.8 billion by the end of 2033.
As per Fact.MR, a market research and competitive intelligence provider, the Metrology Services have been driven, owing to the factors such as the continually rising need for effective product measuring solutions, in order to evaluate the geometrical properties of assemblies while ensuring design accuracy as well as item quality at low operational expenses.
Additionally, the market growth is fueling due to the advent of several cloud-enabled metrology software packages, including laser scanning technology, as geometric dimensioning, and multisensory & robotic metrology, which all are accelerating the market growth.
Furthermore, other factors, such as the continuous investments by governmental bodies to strengthen industrial infrastructure, increasing demand for production automation in the manufacturing sector, as well as strategic collaborations among key players, in order to engineer high-performance metrology services, are expected to create lucrative avenues for the growth of the market over the analysis period.
Besides, the significant expansion in the aerospace and automotive sectors has also facilitated the extensive utilization of metrology services for mass manufacturing identical automobile components, such as rotators, motors, and other sophisticated equipment, which is another factor that is likely to boost the market growth.
In addition, the large-scale integration of the Industrial Internet of Things (IIoT), and computer-aided manufacturing (CAM) solutions for optimizing the production process and mitigating item defects are other major factors that are expected to fuel the demand for metrology services in the near future.
Report Attributes |
Details |
|
Anticipated Base Year Value (2022) |
US$ 950 Million |
|
Expected Market Value (2023) |
US$ 1.0 Billion |
|
Projected Forecast Value (2033) |
US$ 1.8 Billion |
|
Global Growth Rate (2023-2033) |
6.1% |
|
Expected Share of the North America Market (2023-2033) |
35% |
|
Anticipated Share of European Market (2023-2033) |
23% |
|
Prominent Players in The Global Market |
|
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2018-2022 Metrology Services Market Demand Analysis vs. Forecast 2023-2033
According to market research and competitive intelligence provider Fact.MR- the market for Metrology Services reflected a value CAGR of 4.3% during the historical period, 2018-2022.
Industry 4.0 is one of the major factors that is escalating the growth of the metrology services market through increased automation and digitization of manufacturing processes. The integration of advanced technologies such as IoT, big data, and artificial intelligence has led to a higher demand for precise as well as efficient measurement and inspection services in industrial applications.
Moreover, Industry 4.0 is also driving the development of new, advanced metrology solutions and services, leading to further growth of the market. The increasing focus on quality control, process optimization, and cost reduction in the manufacturing sector is also contributing to the increase the revenue share of the market.
The metrology services have been immensely used in several key industries such as automotive, aerospace, electronics, and medical devices. These industries are increasingly relying on advanced measurement and inspection techniques to improve product quality, reduce production costs, and ensure compliance with industry standards.
In the automotive industry, metrology services are playing a crucial role in the production of highly precise and efficient vehicles. Automakers have been using metrology to optimize their manufacturing processes, reduce waste, and improve product quality. This is especially important as the demand for electric and autonomous vehicles continues to grow, as these vehicles require even greater levels of precision and accuracy in their manufacturing.
In the electronics industry, metrology services are being used to inspect as well as measure the dimensions of highly complex and sophisticated devices, such as smartphones, laptops, and wearable devices. This helps to ensure that these devices are produced to the required specifications and perform optimally. Hence, all the aforementioned factors are anticipated to stimulate the market growth in the coming time.
Prominent Growth Drivers Influencing Metrology Services Market
Rising Pressure on Global Infrastructure to Fuel the Market Prospects
The continually increasing pressure on global infrastructure is driving the growth of the metrology services market by creating a demand for precise and accurate measurements in various industries. As per the United Nations (UN), the global population is projected to reach around 9 billion by 2050, with approximately 180,000 people being added to the urban population every day.
As the world's population continues to grow and urbanize, the demand for reliable infrastructure such as roads, bridges, buildings, and transportation systems increases. In order to ensure the safety and reliability of these structures, it is necessary to use accurate measurements during their design, construction, and maintenance phases.
Metrology services provide the measurements needed to ensure that infrastructure projects meet the required standards as well as specifications. This includes dimensional inspections, material testing, and quality control measurements.
The increasing pressure on global infrastructure is therefore leading to an increased demand for metrology services, which in turn is augmenting the growth of the global metrology services market. Furthermore, the increasing focus on sustainability and the need to retrofit and upgrade existing infrastructure are other factors that are expected to propel the market growth in the forthcoming years.
Increased Adoption of CAD/CAM to Foster the Market Growth
The CAD/CAM (Computer-Aided Design/Computer-Aided Manufacturing) and international quality standards are creating a higher demand for precise and accurate measurements in various industries such as automotive, aerospace, medical devices, and consumer goods.
CAD/CAM systems generate highly accurate and detailed digital models of products, which can then be used to guide manufacturing processes. As these systems become more widespread, the demand for metrology services to verify the accuracy of these models and the manufactured parts increases.
Moreover, International quality standards, such as ISO 9001, provide a benchmark for companies to measure their quality and performance. Adherence to these standards helps companies improve their products and processes and differentiate themselves in a competitive global marketplace.
This leads to an increased demand for metrology services to ensure compliance with these standards and to continually improve product quality. Hence, these factors are anticipated to fuel the growth of the market over the analysis period.
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What Could Possibly Hinder Metrology Services Demand?
Lack of Skilled Personnel to Hinder the Market Growth
The Metrology services can be expensive due to the high cost of sophisticated measuring equipment and skilled personnel. This can be a barrier to adoption for small and medium-sized enterprises, which may not have the resources to invest in these services. Thus, the high cost of metrology services is a major factor that is expected to hamper the growth of the market over the analysis period.
Lack of awareness regarding the benefits of metrology services among some industries and regions, is another major factor that is likely to impede the market growth. In addition, there is a lack of skilled personnel with expertise in metrology and the use of advanced measuring equipment. This factor could limit the growth of the market by making it difficult for companies to access the expertise they need.
Technical Challenges and Economic Uncertainty to Hamper the Market Growth
The use of advanced technologies such as CAD/CAM and 3D printing can present technical challenges, such as ensuring accurate measurements and compatibility with existing systems. These challenges could restrain the growth of the metrology services market by making it difficult for companies to fully realize the benefits of these technologies.
Moreover, economic uncertainty and fluctuations in the global economy can impact demand for metrology services, as companies may be more cautious about investing in these services during economic downturns.
Category-wise Insights
Which type segment is forecast to gain the dominant market share?
Coordinated Measuring Machines to gain a significant traction
According to Fact.MR’s data, preference for Coordinated Measuring Machines (CMM) segment is expected to expand with a market share of 56% over the forecast period.
The Coordinate Measuring Machine (CMM) segment is playing a key role in boosting the growth of the metrology services market. CMMs are highly accurate measuring instruments that use touch probes or laser scanning to accurately measure the dimensions of complex and intricate parts. They are widely used in various industries, including automotive, aerospace, medical devices, and consumer goods, for quality control and inspection purposes.
Additionally, the increasing demand for precision and accuracy in these industries is driving the growth of the CMM segment, as more companies adopt CMMs to ensure the quality of their products and meet international quality standards.
CMMs provide highly accurate measurements that help companies improve their product design, reduce defects and improve product quality. Additionally, the development of new and improved CMMs, such as those with improved accuracy and speed, is also contributing to the growth of the CMM segment and the metrology services market as a whole.
Furthermore, the growing use of additive manufacturing and 3D printing is also driving the growth of the CMM segment. These technologies require precise measurements to ensure the accuracy of the digital models and the final manufactured parts, and CMMs provide the necessary measurements for quality control and inspection. Hence, all the aforementioned factors are expected to increase the segmental growth during 2023-2033.
Which end-use application is forecast to gain the dominant market share?
Industrial Segment to gain a significant traction
According to Fact.MR’s data, preference for industrial segment is expected to expand with a market share of 32% over the forecast period.
The industrial segment is a significant contributor to the growth of the market. The industrial sector includes various industries such as automotive, aerospace, machinery, and consumer goods, which all rely on precise and accurate measurements to improve product quality, reduce defects, and meet international quality standards.
In the automotive industry, for instance, metrology services are used to verify the accuracy of digital models and to inspect and measure the dimensions of parts and assemblies to ensure that they meet specifications. In the aerospace industry, metrology services are used to ensure the accuracy and safety of critical components and systems, such as engines and airframes. In the machinery and consumer goods industries, metrology services are used to improve product design and manufacturing processes, reduce defects, and improve product quality.
The increasing demand for precision and accuracy in these industries is driving the growth of the industrial segment and the metrology services market as a whole. This is due to the increasing use of advanced technologies such as CAD/CAM and 3D printing, which require precise measurements to ensure that digital models and manufactured parts are accurate and meet required specifications. The growing adoption of international quality standards, such as ISO 9001, is also contributing to the growth of the industrial segment and the metrology services.
Region-wise Analysis
What is the outlook of the North American Metrology Services market?
Increased Adoption of CAD/CAM & 3D Printing regional growth prospects
According to Fact.MR, North America is the fastest-growing market region, accounting for over 35% of the market share in 2023, and is expected to maintain its dominance during the analysis period.
The demand for metrology services in North America is expected to grow in the coming years. North America is home to a large number of well-established industries, including automotive, aerospace, machinery, and consumer goods, which rely on precise and accurate measurements to improve product quality, reduce defects, and meet international quality standards.
In the automotive industry, for instance, the increasing demand for autonomous and electric vehicles is driving demand for metrology services, as these vehicles require precise measurements to ensure their safety and reliability. In the aerospace industry, the demand for metrology services is expected to grow as companies seek to improve the accuracy and safety of critical components and systems.
Moreover, the adoption of advanced technologies such as CAD/CAM and 3D printing is also driving demand for metrology services in North America, as these technologies require precise measurements to ensure the accuracy of digital models and manufactured parts.
In addition, the increasing focus on sustainability and the need to retrofit and upgrade existing infrastructure is also contributing to the growth of the market in North America. All these factors are anticipated to accelerate the regional market growth during the forecast period.
What can be expected from the European market For Metrology Services?
Adoption of 3D Laser Scanning will accelerate the regional demand
According to Fact.MR, the Europe Market is expected to account for 23% of the market share in 2023, and is expected to accelerate during the forecast period.
The European region is home to a vast number of automotive manufacturers. The use of metrology services is widespread in the automotive industry for quality control during the pilot plant phase of vehicle assembly. With the advent of advanced 3D laser scanning technology, virtual assembly of automotive components can be performed for physical evaluation of prototypes, thus reducing the need for costly specialized verification tooling.
As a result, metrology services hold significant potential for growth within the automotive sector in Europe. All these factors are anticipated to accelerate the regional market growth during the forecast period.
Start-up Scenario
- Founded in 2018, Mobile Metrology Services is a new start-up company, which is the dynamic calibration solution to the industrial manufacturing industry over the traditional brick and mortar calibration labs. The company offers quick, effective service at the customer facility that minimizes downtime, increases production, and eliminates the need for shipping costs and turnaround times.
- Established in 2017, MetEQ is a startup focusing on Metrology, Economy and Quality. Our goal is to enable Indian Industry reach out to competitive Metrology accessories and reduce working costs.
- Started in 2012, Swire Seabed specializes in providing integrated offshore inspection services for oil & gas and renewable industries. Its services offered include subsea survey, seabed mapping, IMR, project management, engineering, excavation & subsea dredging, and more. The inspection survey services offered are subsea positioning, 3D visualization software, data processing, acoustic metrology, and others.
Competitive Landscape
Prominent players in the Metrology Services Industry are taking advantage of the rapidly increasing demand for the chatbots in various applications. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale providers.
Some prominent market developments are as follows :
- Renishaw, in November 2021, signed an agreement with Verisurf Software Inc. According to this agreement, Verisurf Software Inc. synchronizes measuring machine (CMM) software from Renishaw.
- FARO Technologies, in June 2021, acquired HoloBuilder, Inc. in order to bring its leading photogrammetry-based 3D platform to FARO, which delivers hardware-agnostic image capture, registration, and viewing to the fast-growing digital twin sector.
Key Segments Covered in the Metrology Services Industry Report
-
By Type :
- Coordinate Measuring Machines (CMM)
- Optical Digitizers and Scanners (ODS)
-
By End-Use Application :
- Aerospace
- Automotive
- Power Generation
- Industrial
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia and Oceania
- Middle East & Africa
Table of Content
1. Global Market - Executive Summary 2. Market Overview 2.1. Market Definition and Introduction 2.2. Market Taxonomy/ Research Scope 3. Market Characteristic – Bird Eye View 3.1. Top 20 Companies 3.1.1. Globally 3.1.2. Regionally 3.2. Number of Active Firms by Key Countries 3.3. Number of People Employed 3.4. Average Revenue Per Employee 3.5. Threshold of Revenue Volatility 3.6. Consistency in Demand 3.7. Key Barriers to Entry 4. Market Background and Characteristics 4.1. Global Market Outlook Statistics (US$), 2018 – 2022 4.2. Renewable Materials and Its Impact on Market 4.3. Comparative Analysis of in Automotive and Aerospace Industry 4.4. Average Investment by Major Economies in Metrology Industry 4.5. Market Dynamics 4.5.1. Key Growth Drivers 4.5.2. Industry Challenges 4.5.3. Notable Current and Future Trends 4.6. Opportunity and White Space Assessment 4.6.1. Total Available Market (US$ Billion) 4.6.2. Serviceable Addressable Market (US$ Billion) 4.6.3. Serviceable Obtainable Market (US$ Billion) 4.7. Forecast and Macro-Economic Factors – Relevance and Impact 4.8. Key Success Factors and Winning Imperatives 5. Global Market Value (US$ Billion) Analysis and Forecast 5.1. Historical Market Value (US$ Billion) Analysis, 2018-2022 5.2. Current and Future Market Value (US$ Billion), 2023-2033 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. Global Market Analysis and Forecast, By Type 6.1. Introduction / Key Findings 6.2. Historical Market Size (US$ Billion) Analysis By Type, 2018-2022 6.3. Current and Future Market Size (US$ Billion) Analysis By Type, 2023-2033 6.3.1. Coordinate Measuring Machines (CMM) 6.3.2. Optical Digitizers and Scanners (ODS) 6.4. Market Attractiveness Analysis By Type 7. Global Market Analysis and Forecast, By End-Use Application 7.1. Introduction / Key Findings 7.2. Historical Market Size (US$ Billion) Analysis By End-Use Application, 2018-2022 7.3. Current and Future Market Size (US$ Billion) Analysis By End-Use Application, 2023-2033 7.3.1. Aerospace 7.3.2. Automotive 7.3.3. Power Generation 7.3.4. Industrial 7.3.5. Others (Not Covered Elsewhere) 7.4. Market Attractiveness Analysis By End-Use Application 8. Global Market Analysis and Forecast, By Region 8.1. Introduction 8.2. Historical Market Size (US$ Billion) Analysis By Region, 2018-2022 8.3. Current Market Size (US$ Billion) Analysis and Forecast By Region, 2023-2033 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia and Oceania 8.3.6. Middle East & Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis and Forecast 9.1. Introduction / Key Findings 9.2. Pricing Analysis 9.3. Historical Market Size (US$ Billion) Trend Analysis By Market Taxonomy, 2018-2022 9.4. Market Size (US$ Billion) Forecast By Market Taxonomy, 2023 - 2033 9.4.1. By Country 9.4.1.1. U.S. 9.4.1.2. Canada 9.4.2. By Type 9.4.3. By End-Use Application 9.5. Market Attractiveness Analysis 9.5.1. By Country 9.5.2. By Type 9.5.3. By End-Use Application 10. Latin America Market Analysis and Forecast 10.1. Introduction / Key Findings 10.2. Pricing Analysis 10.3. Historical Market Size (US$ Billion) Trend Analysis By Market Taxonomy, 2018-2022 10.4. Market Size (US$ Billion) Forecast By Market Taxonomy, 2023 - 2033 10.4.1. By Country 10.4.1.1. Brazil 10.4.1.2. Mexico 10.4.1.3. Argentina 10.4.1.4. Peru 10.4.1.5. Rest of Latin America 10.4.2. By Type 10.4.3. By End-Use Application 10.5. Market Attractiveness Analysis 10.5.1. By Country 10.5.2. By Type 10.5.3. By End-Use Application 11. Europe Market Analysis and Forecast 11.1. Introduction / Key Findings 11.2. Pricing Analysis 11.3. Historical Market Size (US$ Billion) Trend Analysis By Market Taxonomy, 2018-2022 11.4. Market Size (US$ Billion) Forecast By Market Taxonomy, 2023 - 2033 11.4.1. By Country 11.4.1.1. Germany 11.4.1.2. Italy 11.4.1.3. France 11.4.1.4. U.K. 11.4.1.5. Spain 11.4.1.6. BENELUX 11.4.1.7. NORDIC 11.4.1.8. Rest of Europe 11.4.2. By Type 11.4.3. By End-Use Application 11.5. Market Attractiveness Analysis 11.5.1. By Country 11.5.2. By Type 11.5.3. By End-Use Application 12. East Asia Market Analysis and Forecast 12.1. Introduction / Key Findings 12.2. Pricing Analysis 12.3. Historical Market Size (US$ Billion) Trend Analysis By Market Taxonomy, 2018-2022 12.4. Market Size (US$ Billion) Forecast By Market Taxonomy, 2023 - 2033 12.4.1. By Country 12.4.1.1. China 12.4.1.2. Japan 12.4.1.3. South Korea 12.4.2. By Type 12.4.3. By End-Use Application 12.5. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Type 12.5.3. By End-Use Application 13. South Asia & Oceania Market Analysis and Forecast 13.1. Introduction / Key Findings 13.2. Pricing Analysis 13.3. Historical Market Size (US$ Billion) Trend Analysis By Market Taxonomy, 2018-2022 13.4. Market Size (US$ Billion) Forecast By Market Taxonomy, 2023 - 2033 13.4.1. By Country 13.4.1.1. India 13.4.1.2. Thailand 13.4.1.3. Indonesia 13.4.1.4. Malaysia 13.4.1.5. Australia 13.4.1.6. Rest of South Asia & Oceania 13.4.2. By Type 13.4.3. By End-Use Application 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Type 13.5.3. By End-Use Application 14. Middle East & Africa Market Analysis and Forecast 14.1. Introduction / Key Findings 14.2. Pricing Analysis 14.3. Historical Market Size (US$ Billion) Trend Analysis By Market Taxonomy, 2018-2022 14.4. Market Size (US$ Billion) Forecast By Market Taxonomy, 2023 - 2033 14.4.1. By Country 14.4.1.1. GCC Countries 14.4.1.2. Turkiye 14.4.1.3. North African Region 14.4.1.4. South Africa 14.4.1.5. Rest of Middle East and Africa 14.4.2. By Type 14.4.3. By End-Use Application 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Type 14.5.3. By End-Use Application 15. Country-level Market Analysis and Forecast 15.1. Introduction / Key Findings 15.1.1. Market Value Proportion Analysis, By Key Countries 15.1.2. Global Vs. Country Growth Comparison 15.2. Us Market Analysis 15.2.1. Value Proportion Analysis By Market Taxonomy 15.2.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.2.2.1. By Type 15.2.2.2. By End-Use Application 15.3. Canada Market Analysis 15.3.1. Value Proportion Analysis By Market Taxonomy 15.3.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.3.2.1. By Type 15.3.2.2. By End-Use Application 15.4. Brazil Market Analysis 15.4.1. Value Proportion Analysis By Market Taxonomy 15.4.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.4.2.1. By Type 15.4.2.2. By End-Use Application 15.5. Mexico Market Analysis 15.5.1. Value Proportion Analysis By Market Taxonomy 15.5.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.5.2.1. By Type 15.5.2.2. By End-Use Application 15.6. Argentina Market Analysis 15.6.1. Value Proportion Analysis By Market Taxonomy 15.6.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.6.2.1. By Type 15.6.2.2. By End-Use Application 15.7. Germany Market Analysis 15.7.1. Value Proportion Analysis By Market Taxonomy 15.7.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.7.2.1. By Type 15.7.2.2. By End-Use Application 15.8. France Market Analysis 15.8.1. Value Proportion Analysis By Market Taxonomy 15.8.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.8.2.1. By Type 15.8.2.2. By End-Use Application 15.9. Italy Market Analysis 15.9.1. Value Proportion Analysis By Market Taxonomy 15.9.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.9.2.1. By Type 15.9.2.2. By End-Use Application 15.10. Spain Market Analysis 15.10.1. Value Proportion Analysis By Market Taxonomy 15.10.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.10.2.1. By Type 15.10.2.2. By End-Use Application 15.11. Peru Market Analysis 15.11.1. Value Proportion Analysis By Market Taxonomy 15.11.2. Value Proportion Analysis By Market Taxonomy 15.11.3. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.11.3.1. By Type 15.11.3.2. By End-Use Application 15.12. NORDIC Market Analysis 15.12.1. Value Proportion Analysis By Market Taxonomy 15.12.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.12.2.1. By Type 15.12.2.2. By End-Use Application 15.13. BENELUX Market Analysis 15.13.1. Value Proportion Analysis By Market Taxonomy 15.13.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.13.2.1. By Type 15.13.2.2. By End-Use Application 15.14. U.K. Market Analysis 15.14.1. Value Proportion Analysis By Market Taxonomy 15.14.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.14.2.1. By Type 15.14.2.2. By End-Use Application 15.15. China Market Analysis 15.15.1. Value Proportion Analysis By Market Taxonomy 15.15.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.15.2.1. By Type 15.15.2.2. By End-Use Application 15.16. Japan Market Analysis 15.16.1. Value Proportion Analysis By Market Taxonomy 15.16.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.16.2.1. By Type 15.16.2.2. By End-Use Application 15.17. South Korea Market Analysis 15.17.1. Value Proportion Analysis By Market Taxonomy 15.17.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.17.2.1. By Type 15.17.2.2. By End-Use Application 15.18. India Market Analysis 15.18.1. Value Proportion Analysis By Market Taxonomy 15.18.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.18.2.1. By Type 15.18.2.2. By End-Use Application 15.19. ASEAN Countries Market Analysis 15.19.1. Value Proportion Analysis By Market Taxonomy 15.19.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.19.2.1. By Type 15.19.2.2. By End-Use Application 15.20. GCC Countries Market Analysis 15.20.1. Value Proportion Analysis By Market Taxonomy 15.20.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.20.2.1. By Type 15.20.2.2. By End-Use Application 15.21. Turkiye Market Analysis 15.21.1. Value Proportion Analysis By Market Taxonomy 15.21.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.21.2.1. By Type 15.21.2.2. By End-Use Application 15.22. South Africa Market Analysis 15.22.1. Value Proportion Analysis By Market Taxonomy 15.22.2. Value (US$ Billion) Analysis and Forecast By Market Taxonomy, 2018-2033 15.22.2.1. By Type 15.22.2.2. By End-Use Application 16. Market Structure Analysis 16.1. Market Analysis By Tier of Companies 16.2. Market Share Analysis of Top Players 16.3. Market Presence Analysis 17. Competition Analysis 17.1. Competition Dashboard 17.2. Competition Deep Dive: Market 17.2.1. Actco Metrology Services 17.2.1.1. Overview 17.2.1.2. Service Portfolio 17.2.1.3. Key Financials 17.2.1.4. SWOT Analysis 17.2.1.5. Key Developments 17.2.1.6. Strategy Overview 17.2.2. Carl Zeiss Inc. 17.2.2.1. Overview 17.2.2.2. Service Portfolio 17.2.2.3. Key Financials 17.2.2.4. SWOT Analysis 17.2.2.5. Key Developments 17.2.2.6. Strategy Overview 17.2.3. Exact Metrology 17.2.3.1. Overview 17.2.3.2. Service Portfolio 17.2.3.3. Key Financials 17.2.3.4. SWOT Analysis 17.2.3.5. Key Developments 17.2.3.6. Strategy Overview 17.2.4. Faro Technologies 17.2.4.1. Overview 17.2.4.2. Service Portfolio 17.2.4.3. Key Financials 17.2.4.4. SWOT Analysis 17.2.4.5. Key Developments 17.2.4.6. Strategy Overview 17.2.5. Hexagon AB 17.2.5.1. Overview 17.2.5.2. Service Portfolio 17.2.5.3. Key Financials 17.2.5.4. SWOT Analysis 17.2.5.5. Key Developments 17.2.5.6. Strategy Overview 17.2.6. Intertek Group PLC 17.2.6.1. Overview 17.2.6.2. Service Portfolio 17.2.6.3. Key Financials 17.2.6.4. SWOT Analysis 17.2.6.5. Key Developments 17.2.6.6. Strategy Overview 17.2.7. Jenoptik 17.2.7.1. Overview 17.2.7.2. Service Portfolio 17.2.7.3. Key Financials 17.2.7.4. SWOT Analysis 17.2.7.5. Key Developments 17.2.7.6. Strategy Overview 17.2.8. Metrology Services 17.2.8.1. Overview 17.2.8.2. Service Portfolio 17.2.8.3. Key Financials 17.2.8.4. SWOT Analysis 17.2.8.5. Key Developments 17.2.8.6. Strategy Overview 17.2.9. Nikon Metrology Inc. 17.2.9.1. Overview 17.2.9.2. Service Portfolio 17.2.9.3. Key Financials 17.2.9.4. SWOT Analysis 17.2.9.5. Key Developments 17.2.9.6. Strategy Overview 17.2.10. Northrop Grumman 17.2.10.1. Overview 17.2.10.2. Service Portfolio 17.2.10.3. Key Financials 17.2.10.4. SWOT Analysis 17.2.10.5. Key Developments 17.2.10.6. Strategy Overview 17.2.11. Optical Gaging Products, Inc. 17.2.11.1. Overview 17.2.11.2. Service Portfolio 17.2.11.3. Key Financials 17.2.11.4. SWOT Analysis 17.2.11.5. Key Developments 17.2.11.6. Strategy Overview 17.2.12. Optical metrology services 17.2.12.1. Overview 17.2.12.2. Service Portfolio 17.2.12.3. Key Financials 17.2.12.4. SWOT Analysis 17.2.12.5. Key Developments 17.2.12.6. Strategy Overview 17.2.13. QualCal Metrology 17.2.13.1. Overview 17.2.13.2. Service Portfolio 17.2.13.3. Key Financials 17.2.13.4. SWOT Analysis 17.2.13.5. Key Developments 17.2.13.6. Strategy Overview 17.2.14. Renishaw PLC 17.2.14.1. Overview 17.2.14.2. Service Portfolio 17.2.14.3. Key Financials 17.2.14.4. SWOT Analysis 17.2.14.5. Key Developments 17.2.14.6. Strategy Overview 17.2.15. SGS Group 17.2.15.1. Overview 17.2.15.2. Service Portfolio 17.2.15.3. Key Financials 17.2.15.4. SWOT Analysis 17.2.15.5. Key Developments 17.2.15.6. Strategy Overview 17.2.16. Other Key Players 17.2.16.1. Overview 17.2.16.2. Service Portfolio 17.2.16.3. Key Financials 17.2.16.4. SWOT Analysis 17.2.16.5. Key Developments 17.2.16.6. Strategy Overview 18. Assumptions & Acronyms Used 19. Research Methodology
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List Of Table
Table 01. Global Market Value (US$ Billion) and Forecast By Region, 2018-2022
Table 02. Global Market Value (US$ Billion) and Forecast By Region, 2023-2033
Table 03. Global Market Value (US$ Billion) and Forecast By Type, 2018-2022
Table 04. Global Market Value (US$ Billion) and Forecast By Type, 2023-2033
Table 05. Global Market Value (US$ Billion) and Forecast By End-Use Application, 2018-2022
Table 06. Global Market Value (US$ Billion) and Forecast By End-Use Application, 2023-2033
Table 07. North America Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 08. North America Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 09. North America Market Value (US$ Billion) and Forecast By Type, 2018-2022
Table 10. North America Market Value (US$ Billion) and Forecast By Type, 2023-2033
Table 11. North America Market Value (US$ Billion) and Forecast By End-Use Application, 2018-2022
Table 12. North America Market Value (US$ Billion) and Forecast By End-Use Application, 2023-2033
Table 13. Latin America Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 14. Latin America Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 15. Latin America Market Value (US$ Billion) and Forecast By Type, 2018-2022
Table 16. Latin America Market Value (US$ Billion) and Forecast By Type, 2023-2033
Table 17. Latin America Market Value (US$ Billion) and Forecast By End-Use Application, 2018-2022
Table 18. Latin America Market Value (US$ Billion) and Forecast By End-Use Application, 2023-2033
Table 19. Europe Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 20. Europe Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 21. Europe Market Value (US$ Billion) and Forecast By Type, 2018-2022
Table 22. Europe Market Value (US$ Billion) and Forecast By Type, 2023-2033
Table 23. Europe Market Value (US$ Billion) and Forecast By End-Use Application, 2018-2022
Table 24. Europe Market Value (US$ Billion) and Forecast By End-Use Application, 2023-2033
Table 25. East Asia Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 26. East Asia Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 27. East Asia Market Value (US$ Billion) and Forecast By Type, 2023-2033
Table 28. East Asia Market Value (US$ Billion) and Forecast By End-Use Application, 2018-2022
Table 29. East Asia Market Value (US$ Billion) and Forecast By End-Use Application, 2023-2033
Table 30. South Asia & Oceania Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 31. South Asia & Oceania Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 32. South Asia & Oceania Market Value (US$ Billion) and Forecast By Type, 2018-2022
Table 33. South Asia & Oceania Market Value (US$ Billion) and Forecast By Type, 2023-2033
Table 34. South Asia & Oceania Market Value (US$ Billion) and Forecast By End-Use Application, 2018-2022
Table 35. South Asia & Oceania Market Value (US$ Billion) and Forecast By End-Use Application, 2023-2033
Table 36. MEA Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 37. MEA Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 38. MEA Market Value (US$ Billion) and Forecast By Type, 2018-2022
Table 39. MEA Market Value (US$ Billion) and Forecast By Type, 2023-2033
Table 40. MEA Market Value (US$ Billion) and Forecast By End-Use Application, 2018-2022
Table 41. MEA Market Value (US$ Billion) and Forecast By End-Use Application, 2023-2033
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List Of Figures
Figure 01. Global Market Value (US$ Billion) Forecast, 2023-2033
Figure 02. Global Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 03. Global Market Value (US$ Billion) By Region, 2023 & 2033
Figure 04. Global Market Y-o-Y Growth Rate By Region, 2023-2033
Figure 05. Global Market Value (US$ Billion) By Type, 2023 & 2033
Figure 06. Global Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 07. Global Market Value (US$ Billion) By End-Use Application, 2023 & 2033
Figure 08. Global Market Y-o-Y Growth Rate By End-Use Application, 2023-2033
Figure 09. North America Market Value (US$ Billion) Forecast, 2023-2033
Figure 10. North America Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 11. North America Market Value (US$ Billion) By Country, 2023 & 2033
Figure 12. North America Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 13. North America Market Value (US$ Billion) By Type, 2023 & 2033
Figure 14. North America Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 15. North America Market Value (US$ Billion) By End-Use Application, 2023 & 2033
Figure 16. North America Market Y-o-Y Growth Rate By End-Use Application, 2023-2033
Figure 17. North America Market Attractiveness Analysis By Country, 2023-2033
Figure 18. North America Market Attractiveness Analysis By Type, 2023-2033
Figure 19. North America Market Attractiveness Analysis By End-Use Application, 2023-2033
Figure 20. Latin America Market Value (US$ Billion) Forecast, 2023-2033
Figure 21. Latin America Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 22. Latin America Market Value (US$ Billion) By Country, 2023 & 2033
Figure 23. Latin America Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 24. Latin America Market Value (US$ Billion) By Type, 2023 & 2033
Figure 25. Latin America Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 26. Latin America Market Value (US$ Billion) By End-Use Application, 2023 & 2033
Figure 27. Latin America Market Y-o-Y Growth Rate By End-Use Application, 2023-2033
Figure 28. Latin America Market Attractiveness Analysis By Country, 2023-2033
Figure 29. Latin America Market Attractiveness Analysis By Type, 2023-2033
Figure 30. Latin America Market Attractiveness Analysis By End-Use Application, 2023-2033
Figure 31. Europe Market Value (US$ Billion) Forecast, 2023-2033
Figure 32. Europe Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 33. Europe Market Value (US$ Billion) By Country, 2023 & 2033
Figure 34. Europe Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 35. Europe Market Value (US$ Billion) By Type, 2023 & 2033
Figure 36. Europe Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 37. Europe Market Value (US$ Billion) By End-Use Application, 2023 & 2033
Figure 38. Europe Market Y-o-Y Growth Rate By End-Use Application, 2023-2033
Figure 39. Europe Market Attractiveness Analysis By Country, 2023-2033
Figure 40. Europe Market Attractiveness Analysis By Type, 2023-2033
Figure 41. Europe Market Attractiveness Analysis By End-Use Application, 2023-2033
Figure 42. East Asia Market Value (US$ Billion) Forecast, 2023-2033
Figure 43. East Asia Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 44. East Asia Market Value (US$ Billion) By Country, 2023 & 2033
Figure 45. East Asia Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 46. East Asia Market Value (US$ Billion) By Type, 2023 & 2033
Figure 47. East Asia Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 48. East Asia Market Value (US$ Billion) By End-Use Application, 2023 & 2033
Figure 49. East Asia Market Y-o-Y Growth Rate By End-Use Application, 2023-2033
Figure 50. East Asia Market Attractiveness Analysis By Country, 2023-2033
Figure 51. East Asia Market Attractiveness Analysis By Type, 2023-2033
Figure 52. East Asia Market Attractiveness Analysis By End-Use Application, 2023-2033
Figure 53. South Asia & Oceania Market Value (US$ Billion) Forecast, 2023-2033
Figure 54. South Asia & Oceania Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 55. South Asia & Oceania Market Value (US$ Billion) By Country, 2023 & 2033
Figure 56. South Asia & Oceania Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 57. South Asia & Oceania Market Value (US$ Billion) By Type, 2023 & 2033
Figure 58. South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 59. South Asia & Oceania Market Value (US$ Billion) By End-Use Application, 2023 & 2033
Figure 60. South Asia & Oceania Market Y-o-Y Growth Rate By End-Use Application, 2023-2033
Figure 61. South Asia & Oceania Market Attractiveness Analysis By Country, 2023-2033
Figure 62. South Asia & Oceania Market Attractiveness Analysis By Type, 2023-2033
Figure 63. South Asia & Oceania Market Attractiveness Analysis By End-Use Application, 2023-2033
Figure 64. MEA Market Value (US$ Billion) Forecast, 2023-2033
Figure 65. MEA Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 66. MEA Market Value (US$ Billion) By Country, 2023 & 2033
Figure 67. MEA Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 68. MEA Market Value (US$ Billion) By Type, 2023 & 2033
Figure 69. MEA Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 70. MEA Market Value (US$ Billion) By End-Use Application, 2023 & 2033
Figure 71. MEA Market Y-o-Y Growth Rate By End-Use Application, 2023-2033
Figure 72. MEA Market Attractiveness Analysis By Country, 2023-2033
Figure 73. MEA Market Attractiveness Analysis By Type, 2023-2033
Figure 74. MEA Market Attractiveness Analysis By End-Use Application, 2023-2033
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- FAQs -
What is the present market value of the Metrology Services market?
The global metrology services market is currently worth more than US$ 1.0 Billion.
What will be the growth rate of the global Metrology Services market during the forecast period?
The global metrology services market is expected to grow with a 6.1% CAGR during 2023-2033.
What will be the projected market size of the Metrology Services market by 2033?
By 2033, the global metrology services market is projected to reach a market size of US$ 1.8 Billion.
Which type segment is expected to dominate the global Metrology Services market during 2023?
The coordinated measuring machines (CMM) category is expected to have a 56% market share in 2023.
Which end-use application segment is expected to dominate the global Metrology Services market during 2023?
The industrial category is expected to have a 32% market share in 2023 and to dominate the global market from 2023 to 2033.
How is the North American Metrology Services market projected to grow during 2023-2033?
The North American region is predicted to acquire a 35% global market share by 2023.
What is the outlook of the European Metrology Services market during 2023?
Europe is forecast to accumulate a market share of 23% over the forecast period of 2023- 2033.
At what rate did the metrology services market flourish from 2018-2022?
From 2018-2022, the metrology services market grew at a CAGR of 4.3%.
Metrology Services Market