openPR Logo
Press release

Metrology Global Market 2018: Key Players Faro Technologies, Exact, Nikon

01-16-2018 11:19 AM CET | Media & Telecommunications

Press release from: WISE GUY RESEARCH CONSULTANTS PVT LTD

/ PR Agency: WISE GUY RESEARCH CONSULTANTS PVT LTD
Introduction
Metrology is the scientific study of measurement which involves precise and accurate measurement solutions for industrial tools and components. It is used for inspection & quality control functions to ensure proper functioning of industrial products in the end-consumer market. It has a wide range of industrial applications, such as analyzing the surface, shape and dimension of the machine parts and tools at every stage of the manufacturing process.

GET SAMPLE REPORT @ https://www.wiseguyreports.com/sample-request/1022613-global-metrology-market-analysis-forecast-2016-to-2027

Metrology is performed across industries to evaluate the uncertainty in tools and equipment as well as errors in products. It plays a crucial role in critical manufacturing and assembling operations in an industry. Laser trackers, coordinated measuring machines (CMM), flexible robotic systems, 3D scanners, digitizers and various other products are being used in industries to maintain precision and accuracy within a product. Industries such as automotive, aerospace, manufacturing, consumer electronics, medical and energy & power, follow international manufacturing standards in order to manufacture error and risk free product.
The global metrology market had been valued at USD 607 million in the year 2016, which is expected to reach USD 1,255 million by the end of the forecast period growing at about 7% CAGR.

The major growth driver for this market is the growing quality requirement in industrial products & services. It is further supported by factors such as increase in the use of technically advanced measurement devices in industries and growing adoption of high tech robots for industrial applications such as automation, energy harvesting, and semiconductor wafers inspection. However, lack of technical expertise for operating precision products especially in small & medium size industries, has restrained the adoption of coordinate measuring machines (CMMs) and optical digitizers & scanners (ODS).

Key Players
The key players of Metrology market includes Hexagon AB (Sweden), Zeiss group (Germany), Mitutoyo Corporation (Japan), Nikon metrology NV (Belgium), Renishaw PLC (UK), Pantec Metrology (China), Perceptron, Inc. (U.S.), Faro Technologies (U.S.), Exact Metrology, Inc. (U.S.) and Jenoptik AG (Germany).

Study Objectives
• To provide insights about factors influencing and affecting the market growth
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regional markets and their countries
• To provide historical and forecast revenue of the market segments types, products, and end-users
• To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market

Target Audience
• OEMs
• Technology investors
• Semiconductor industries
• Manufacturing industries
• Research & consultant organization
• Market players
• Distributors
• Government

Key Findings
• The Global Metrology market is expected to reach USD 1,255 million by 2027
• By Type, industrial segment accounts for the largest market share and is expected to grow at around 8% CAGR during forecast period
• Manufacturing industry end-users held a large chunk of the metrology market and is expected to grow at 9% CAGR during the forecast period
• Asia-Pacific is expected to emerge as the fastest growing market for metrology during the forecast period

Regional Analysis of Metrology Market
The global metrology market is expected to grow at a promising rate of 6% CAGR during the forecast period. Europe is projected to have the largest market in metrology. The growing demand of measuring instruments within the medical industry, is estimated to drive the metrology market in Europe. North America is expected to show steady growth in metrology market due to its stable economic and industrial growth. Asia-Pacific is expected to be the fastest growing market due to the increase in technology adoption and the growing demand of quality driven products, especially in automation and manufacturing sectors.

Table of Content: Key Points
1 Introduction
2 Research Methodologies
3 Market Dynamics
4 Executive Summary
5 Market Factor Analysis
6 Global Metrology Market, By Type
7 Global Metrology Market, By Product
…Continued

ACCESS REPORT @ https://www.wiseguyreports.com/reports/1022613-global-metrology-market-analysis-forecast-2016-to-2027

Get in touch:
LinkedIn: www.linkedin.com/company/4828928
Twitter: https://twitter.com/WiseGuyReports
Facebook: https://www.facebook.com/Wiseguyreports-1009007869213183/?fref=ts

Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

WISE GUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Metrology Global Market 2018: Key Players Faro Technologies, Exact, Nikon here

News-ID: 901759 • Views: 455

More Releases from WISE GUY RESEARCH CONSULTANTS PVT LTD

Quantum Computing Technologies Global Market 2018: Key Players – Airbus Group, …
Quantum Computing Technologies Market 2018 Wiseguyreports.Com adds “Quantum Computing Technologies Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Report Details: This report provides in depth study of “Quantum Computing Technologies Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Quantum Computing Technologies Market report also provides an in-depth survey of key players in the market which is based
Automotive Advanced High Strength Steel (AHSS) Industry Revenue (2020-2026): Bao …
Automotive Advanced High Strength Steel (AHSS) Industry Description Wiseguyreports.Com Adds "Automotive Advanced High Strength Steel (AHSS) -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024" To Its Research Database Global Automotive Advanced High Strength Steel (AHSS) market competition by top manufacturers/players, with Automotive Advanced High Strength Steel (AHSS) sales volume, Price (USD/MT), revenue (Million USD) and market share for each manufacturer/player; the top players including Baoshan Iron & Steel Co.
Wind Turbine Operations & Maintenance Industry Revenue (2020-2026): GE Power, Ve …
Wind Turbine Operations & Maintenance Industry Description Wiseguyreports.Com Adds "Wind Turbine Operations & Maintenance -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022" To Its Research Database Global Wind Turbine Operations & Maintenance Industry 2017 Market Research Report Provide The Details About Industry Overview And Analysis About Manufacturing Cost Structure, Revenue, Gross Margin, Consumption Value And Sale Price, Major Manufacturers, Distributors, Industry Chain Structure, New Project Swot Analysis With
Capital Expenditure (CAPEX) Industry Revenue (2020-2026): Exxon Mobil, Wal-Mart …
Capital Expenditure (CAPEX) Industry Description Wiseguyreports.Com Adds "Capital Expenditure (CAPEX) -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022" To Its Research Database This report studies the global Capital Expenditure (CAPEX) market, analyzes and researches the Capital Expenditure (CAPEX) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Exxon Mobil Wal-Mart Stores General Motors Ford Motor DaimlerChrysler Royal Dutch/Shell

All 5 Releases


More Releases for Metrology

Industrial Metrology Market -Development scenario 2025 | Nikon Metrology, Applie …
Global Industrial Metrology Market: Overview Metrology enables people to organize their day-to-day lives through the use of time measurement, doctors to correctly diagnose patients, the detection of the presence or absence of foreign matter in water and to make commercial exchanges like the amount of sugar, calories, and so forth with confidence. Other examples include bolts purchased from Company A to fit into nuts from Company B, assuming they are specified
Industrial Metrology Market - Growing Applications 2025 | Automated Precision, C …
Global Industrial Metrology Market: Overview Metrology enables people to organize their day-to-day lives through the use of time measurement, doctors to correctly diagnose patients, the detection of the presence or absence of foreign matter in water and to make commercial exchanges like the amount of sugar, calories, and so forth with confidence. Other examples include bolts purchased from Company A to fit into nuts from Company B, assuming they are specified
Industrial Metrology Market Regional Outlook 2025 | Nikon Metrology, Applied Mat …
Global Industrial Metrology Market: Overview Metrology enables people to organize their day-to-day lives through the use of time measurement, doctors to correctly diagnose patients, the detection of the presence or absence of foreign matter in water and to make commercial exchanges like the amount of sugar, calories, and so forth with confidence. Other examples include bolts purchased from Company A to fit into nuts from Company B, assuming they are specified
Global Automated Optical Metrology Market Forecast 2018-2025 Nikon Metrology, KL …
QYMarketStudy include new market study "Global Automated Optical Metrology Market" examines the performance of the Automated Optical Metrology market 2018. It encloses an in-depth Research of the Automated Optical Metrology market state and the competitive landscape globally. This report analyzes the potential of Automated Optical Metrology market in the present and the future prospects from various angles in detail. The Global Automated Optical Metrology Market 2018 report includes Automated Optical Metrology
Automated Optical Metrology Market 2018: KLA Tencor, ASML Holding, Hexagon Metro …
Qyresearchreports include new market research report “Global mSales Market Report 2018” to its huge collection of research reports. The report Automated Optical Metrology Market recently added to QYResearchReports.com covers growth dynamics of the global Automated Optical Metrology market in a detailed manner in the present times as well as over the review period. The report studies the global Automated Optical Metrology market from the perspective of the industry chain structure and
3D Metrology Market Rport 2017
Global 3D Metrology Market Report 2017 With the slowdown in world economic growth, the 3D Metrology industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, 3D Metrology market size to maintain the average annual growth rate of 6.73% from 5100 million $ in 2013 to 6200 million $ in 2016, BisReport analysts believe that in the next few years, 3D Metrology market