Metrology Market Trends, Strategy, Applications Analysis and Growth by Forecast to 2027

Metrology Market Information, by Type (Industrial, Scientific, Legal), by End-user (Manufacturing, Automotive, Aerospace, Consumer products) - Forecast 2027

Pune, India - October 13, 2017 /MarketersMedia/ —

Market Scenario:
The major growth driver of Metrology Market includes growing demand for measurement components from sectors such as automotive and energy and power sectors, and growing outsourcing trends in healthcare sector among others.

Hence the market for Metrology Market is expected to grow at 6.82% CAGR (2016-2027).

However, lack of skilled precision machine operators is one of the major factors which are hindering the growth of Metrology Market.

Major Key Players:
• Hexagon AB (Sweden)
• Carl Zeiss (Germany)
• Mitutoyo Corp.(U.S)
• Nikon metrology (Belgium)
• Renishaw (U.K.)
• metrology software product Ltd.(U.K.)
• Pantec metrology (Germany)
• Perceptron Inc.(U.S.)
• 3D Digital Corporation (U.S.)
• Faro Technologies (U.S.)

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1064

Key Market Findings:
• Global Metrology market has reached USD 607.9 million in 2016 and is projected to exhibit USD 1255.5 million by the end of 2027 with a growing CAGR of 6.82%.
• By type segment, the industrial metrology among all is growing with a highest revenue value of USD 350.44 million in 2016 and it is estimated to reach USD 878.51 million by the end of 2027, with growing CAGR of 8.71% is the fastest growing metrology type.
• By product segment, the coordinated measuring machine (CMM) is estimated to show highest revenue of USD 848.93 million in 2027 from USD 363.33 million in 2016, with growing CAGR of 8.02% during forecast period 2016 to 2027.
• By end-user segment, Manufacturing is showing highest revenue of USD 139.08 million in 2016 and is projected to exhibit USD 395.46 million by 2027, growing with highest CAGR of 9.97% during forecast period 2016-2027.

Segments
Global Metrology Market can be segmented as follows:
Segmentation by Type: Industrial metrology, scientific metrology and legal metrology among others.
Segmentation by Product: CMM (coordinate measuring machine), optical digitizers, 3D scanners and Laser tracker among others.
Segmentation by End-user: Aerospace, automotive, consumer electronics, industrial, and energy & power among others.
[Note: only qualitative information has been provided under the Type segment]

Regional Analysis of Metrology Market:
Europe is expected to dominate the Global Metrology Market with the largest market share due to continuous technology advancement and increasing financial support from government in the region, and therefore accounting for 176.53 million and is expected to grow over 397.33 million by 2027.

Metrology Market in Asia-Pacific market is expected to grow at CAGR of 10.60% from $ 141.84 million in 2016 to 485.85 million by 2027. The Europe market for Metrology Market is expected to grow at 6.67% CAGR (2016-2027).

Industry News:
• Nikon metrology has announced in April 2016 about its new product development. It has developed MV331 and MV351 for faster measurement, automated and non-contact metrology. It also performs repetitive procedures and complex inspection task easily to enhance the measurement.
• Faro Technologies has announced in July 2016 about its expansion of metrology and factory automation sectors by acquisition of Build IT software & solution, one of the leader in 3D metrology software platform.

Objective of Metrology Market Study:
• To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Global Metrology market.
• To provide insights about factors affecting the market growth.
• To Analyze the Metrology Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by type, by product, by End-users and sub-segments.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Metrology market.

Americas
• North America
US
• Canada
• Latin America

Europe
• Western Europe
• Germany
• France
• U.K
• Rest of Western Europe
• Eastern Europe

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/metrology-market-1064

Asia– Pacific
Asia
• China
• India
• Japan
• South Korea
• Rest of Asia Pacific

Table of Contents
1 Introduction 9
1.1 Definition 9
1.2 Scope of the Study 9
1.2.1 Research Objective 9
1.2.2 Assumption 10
1.2.3 Limitation 10
1.3 Market Structure 10
2 Research Methodologies 11
2.1 Research Process 11
2.2 Primary Research 12
2.3 Secondary Research 12
2.4 Market Size Estimation 12
2.5 Forecast Model 13
Continued…..

List of Tables
Table 1 Global Metrology Market, By Type, 2016-2027 (Usd Million) 26
Table 2 Global Industrial Metrology Market, 2016-2027 (Usd Million) 27
Table 3 Global Scientific Metrology Market, 2016-2027 (Usd Million) 28
Continued…..

List of Figures
Figure 1 Global Metrology Market Structure 10
Figure 2 Mrfr Research Process 11
Figure 3 Global Metrology Market: Drivers & Restraint 14
Continued…..

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Info:
Name: Akash Anand
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 524/528,, https://www.marketresearchfuture.com/reports/multichannel-marketing-market-3949
Phone: +1 646 845 9312

Source URL: https://marketersmedia.com/metrology-market-trends-strategy-applications-analysis-and-growth-by-forecast-to-2027/249939

For more information, please visit https://www.marketresearchfuture.com/reports/metrology-market-1064

Source: MarketersMedia

Release ID: 249939

Latest News

New Bollywood film tackles taboo of menstrual hygiene

Feb 18, 2018

NEW DELHI — It's an unlikely scene in deeply conservative India: A hugely popular Bollywood male star grinning widely as he holds up a sanitary pad and talks of menstrual hygiene. But that's exactly what action hero Akshay Kumar did as he promoted his film "Padman," which opened in theaters Friday. Kumar plays the lead role of a man who starts manufacturing inexpensive sanitary pads after he discovers his wife's lack of access to them in a small town in southern India. The subject of menstruation and menstrual hygiene is rarely, if ever, discussed openly in Indian homes. At pharmacies...

Rescued French climber leaves Pakistan after peak tragedy

Feb 18, 2018

ISLAMABAD — A mountain climber who was rescued from a Himalayan peak where her climbing partner is presumed to have died has returned home to France, a representative of a Pakistani mountaineering group said Tuesday. Karrar Haidri of the Alpine Club of Pakistan said Elisabeth Revol left Pakistan before dawn. Revol praised everyone who participated in rescuing her from Nanga Parbat, said Haidri, who visited her at the Islamabad where she was treated. Suffering from frostbite and exhaustion, Revol was rescued Sunday by Polish climbers who were on a separate expedition and braved high winds and low nighttime temperatures to...

Rescued French climber recovering in Pakistani hospital

Feb 18, 2018

ISLAMABAD — A French climber rescued from a Himalayan peak is recovering and will soon return home, Pakistani officials said. Elisabeth Revol, suffering from frostbite and exhaustion, was rescued by volunteers from a separate Polish expedition on Sunday from Nanga Parbat, also known as "killer mountain." She was airlifted to Islamabad and was being treated at the Shifa International Hospital. Karrar Haidri, a senior official in the Pakistan Alpine Federation who visited her in the hospital, said she would be discharged within hours and head home early Tuesday. The search for Revol's fellow climber, Polish national Tomasz Mackiewicz, was called...

The Latest: Trump condemns car bomb attack in Afghanistan

Feb 18, 2018

KABUL, Afghanistan — The Latest on a deadly explosion caused by a suicide bomber driving an ambulance in Afghanistan (all times local): 2:35 a.m. President Donald Trump is condemning "the despicable car bombing attack" in the Afghan capital of Kabul that has killed at least 95 people and wounded 158 more. He says "all countries should take decisive action" against the Taliban, which has claimed responsibility for Saturday's attack. Trump says the "murderous attack" renews the U.S. resolve with its Afghan partners. He says, "The Taliban's cruelty will not prevail" and the U.S. is "committed to a secure Afghanistan that...

India, Cambodia to expand ties in IT, infrastructure sectors

Feb 18, 2018

NEW DELHI — The leaders of India and Cambodia on Saturday agreed to work toward a bilateral investment treaty that could see tens of millions of dollars pour into the Southeast Asian nation. The meeting between Cambodian Prime Minister Hun Sen and Indian Prime Minister Narendra Modi saw Cambodia invite Indian investment in information technology, pharmaceuticals, agriculture and horticulture, infrastructure and small and medium enterprises. A broader treaty will take time but India agreed to provide lines of credit, including nearly $37 million to finance a Cambodian water project. India also offered lines of credit for setting up specialty hospitals,...

Sign up now!

Recent Discovery will take you to the captivating developments in science, technology, and the universe around us. We deliver to you the latest news, theories, and developments in the world of science.

Contact us: sales@recentdiscovery.com