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Next-Generation Industrial Metrology and Inspection Market Growing at a CAGR of 6.9% From 2021 to 2030

08-26-2021 07:59 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Next-Generation Industrial Metrology and Inspection Market

Next-Generation Industrial Metrology and Inspection Market

Industrial metrology means the applications of manufacturing science to manufacturing and quality control, and inspection practices gets involved in manufacturing process. Industrial metrology has higher precision technology. It has features such as reducing operating cost, maximize accuracy and productivity, and higher inspection quality.

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The next generation industrial metrology and inspection market size is expected to reach $16,10 billion by 2030, from $8.12 billion in 2020, registering a CAGR of 6.9% from 2021 to 2030.

A rise in adoption of industrial metrology practices in various industries such as aerospace, automotive, and other manufacturing sector drives the growth of the next generation industrial metrology and inspection market. Major players such as Nikon Metrology, FARO Technologies and others adopting product launch as a key developmental strategy to improve the product portfolio of metrology products.

Top 10 Key Market Players

Hexagon AB
Renishaw PLC
Carl Zeiss AG
FARO Technologies
Jenoptik AG
Automated Precision Inc
KLA Corporation
Applied Materials Inc
Nikon Metrology
Trimet Group.

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Key Market Segmentation

By Offering

Hardware
Software
Services

By Equipment

Coordinate Measuring Machine (CMM)
Measuring Instruments
Optical Digitizer and Scanner (ODS)
Others

By Application

Automotive and Transportation
Aerospace and Defense
Semiconductor and Electronics
Industrial Machinery
Others

By Region

North America
Europe
Asia-Pacific
LAMEA

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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