Top Industrial Metrology Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Industrial Metrology Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Industrial Metrology industry players.

Industrial Metrology Market Competitive Landscape

Key players competing in the global industrial metrology market are adopting various strategies such as partnerships, mergers, reducing production costs, introducing new products, adopting advanced technologies to increase their market share instantly. On May 4, 2023, Creaform, a global manufacturer of measurement technology, offered the casting industry a portable 3D and automated measurement technology solution. This new 3D measurement system will help foundry and casting manufacturers get tool measurements faster and better accuracy in productivity improvements. Accurate measurements simplify analysis and show clear, intuitive results.

Top Player’s Company Profiles

  • Baker Hughes Company (US)
  • CyberOptics (US)
  • Cairnhill (Singapore)
  • attinc. (US)
  • SGS SA (Switzerland)
  • TriMet (US)
  • Automate Precision, Inc (API) (US)
  • Applied Materials, Inc. (US)
  • JLM ADVANCED TECHNICAL SERVICES (US)
  • Intertek Group plc (UK)
  • Bruker (US)
  • Metrologic Group. (France)
  • Creaform. (Canada)
  • Hexagon (Sweden)
  • Nikon India Pvt Ltd (Delhi)
  • FARO (US)
  • KEYENCE CORPORATION. (Japan)
  • Renishaw plc. (UK)
  • Mitutoyo America Corporation. (Japan)

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Industrial Metrology Market size was valued at USD 16.2 Billion in 2024 and is poised to grow from USD 17.3 Billion in 2025 to USD 29.29 Billion by 2033, growing at a CAGR of 6.8% during the forecast period (2026–2033).

The industrial metrology market is highly competitive due to the large number of competitors. Due to the use of various tactics such as product developments and mergers and acquisitions by big players in the market, the market is largely consolidated. To get some competitive advantage in the market, businesses also use a variety of development and expansion tactics. 'Hexagon AB (Sweden)  ', 'Nikon Corporation (Japan)  ', 'Faro (US)  ', 'Carl Zeiss AG (Germany)  ', 'Keyence Corporation (Japan)  ', 'KLA Corporation (US)  ', 'Mitutoyo Corporation (Japan)  ', 'Jenoptik (Germany)  ', 'Renishaw PLC (UK)  ', 'Accuscan (US)  ', 'Carmar Accuracy Co., Ltd. (Taiwan)  ', 'Baker Hughes Company (US)  ', 'Cairnhill (Singapore)  ', 'ATT Metrology Solutions (US)  ', 'SGS Societe Generale De Surveillance SA (Switzerland)  ', 'Trimet (Germany)  ', 'Automated Precision Inc (API) (US)  ', 'Applied Materials, Inc. (US)  ', 'Shining3D (China)  ', 'Intertek Group Plc (UK)  ', 'Bruker (US)'

Advances in cutting-edge industries, including electronics, automotive, and aerospace, considerably increase the demand for highly accurate measuring systems. These sectors require special measuring techniques in terms of quality products, productivity, and regulation. Thus, the market increases significantly due to increasingly complex production processes and products that now require higher accuracy.   

Transition towards Non-Contact Measuring Methods: Industrial metrology is currently witnessing the proliferation of non-contact measuring technologies, such as optical scanners and laser-based systems. They are absolutely ideal for use applications in aerospace, automotive, and medical devices application areas since they provide excellent accuracy without risking any damage to easily damaged parts. No-contact methods are increasingly perceived to be economical and efficient. 

As North America is witnessing strong industrial growth and technical improvements, it is expected to lead the industrial metrology market through the end of the forecast period. Due to the presence of high technology industries such as electronics, automotive, and aerospace that mainly rely on the accurate measurement for designing of the product and quality check, North America is predicted to continue holding a significant share of the market through 2023. The US and Canada lead this growth and have stringent demands for measurement accuracy and precision in manufacturing processes. Advanced metrology solutions in terms of CMMs, optical scanners, and 3D digitizers will be on the rise due to the continuous preference from the area's industries for quality and innovation.

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Global Industrial Metrology Market
Industrial Metrology Market

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