Metrology refers to field of science concerned with measurement. Metrology services are the services related to measurement provided by different service providers to diverse industry verticals. These services helps the manufacturers to improve their production processes by enabling thorough assessment and measurements of each element involved. Several metrology products can be used either individually or as a combined system for quality control and inspection, product quality optimization, 3D measurement, and reverse engineering among others in the course of manufacturing process.
MARKET DYNAMICS
The necessity for understanding of measurement standards by diverse end-user industries has resulted in increased adoption of metrology services among them. This has influenced the growth of metrology services market. Further, the surging adoption of analytics transformation services including cyber security, big data analytics, predictive analytics, and data analytics in legacy systems is anticipated to boost the metrology services market. Moreover, increasing government initiatives regarding the use of metrology services after merger and acquisition activity among businesses to meet industry standards is anticipated to fuel the growth of metrology services market. However, lack of expertise as well as high hardware implementation cost and initial investment requirements are the factors that may hinder the metrology services market growth.
MARKET SCOPE
The "Global Metrology Services Market Analysis to 2028" is a specialized and in-depth study of the metrology services industry with a special focus on the global market trend analysis. The report aims to provide an overview of metrology services market with detailed market segmentation by product, application, and geography. The global metrology services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading metrology services market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global metrology services market is segmented on the basis of product and application. Based on the product, the market is segmented into coordinated measuring machines and optical digitizers and scanners (ODS). Further, the coordinated measuring machines services is sub segmented into articulated arm machines, gantry machines, horizontal arm machines, and bridge machines. Also, optical digitizers and scanners (ODS) services is sub segmented into white light scanners, 3d laser scanners, and laser trackers On the basis of the application, the market is classified into automotive, power generation, aerospace, industrial, and others.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global metrology services market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The metrology services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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The report analyzes factors affecting metrology services market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and SAM after evaluating political, economic, social and technological factors affecting the metrology services market in these regions.
MARKET PLAYERS
The reports cover key developments in the Metrology services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from metrology services market are anticipated to lucrative growth opportunities in the future with the rising demand for metrology services in the global market. Below mentioned is the list of few companies engaged in the metrology services market.
The report also includes the profiles of key metrology services companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last 3 years, the key development in the past five years.
- Applied Materials
- Carl Zeiss Corporation
- Danish Micro Engineering A/S
- FARO Technologies, Inc.
- Hexagon AB
- Jenoptik
- Nikon Metrology Inc.
- Optical Gaging Products, Inc
- Optical Metrological Services
- Renishaw Plc.
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