USD 6.24 Billion
Report ID:
SQMIG45A2386 |
Region:
Global |
Published Date: December, 2024
Pages:
172
|Tables:
101
|Figures:
73
Metrology Services Market size was valued at USD 6.24 Billion in 2023 and is poised to grow from USD 6.94 Billion in 2024 to USD 14.53 Billion by 2032, growing at a CAGR of 11.14% during the forecast period (2025-2032).
Major technology players incorporate and integrate their advanced needs-based on measurement technologies and use industry experts for the design, which in turn cuts production costs. Advances in software-led process automation and portable measurement equipment for specific custom tasks have led to rapid market growth. The need for more precise and less tolerant constraints for automotive, aerospace, medical, electronics, and other technologies is expected to drive the demand for computer-aided materials (CAM).
Industries such as automotive, electronics, and electrical manufacturing require high accuracy and low tolerance limits. In addition, the rise of international standards for quality standards for accuracy management across the sector is driving the demand for measuring devices and services. The development of software-led process automation and portable measurement equipment for industry-specific customized services has also led to rapid market growth. Furthermore, sustainable growth in personal disposable income, especially for luxury goods and finished products in emerging economies.
Moreover, the growth in luxury cars and fuel-efficient vehicles especially for developing countries has increased the overall demand for metrology services available in the market such as geometric dimensioning and tolerances, point cloud, robotic metrology, laser scanning technology, automated and multi sensor metrology software embedded controls.
Market snapshot - 2025-2032
Global Market Size
USD 6.24 Billion
Largest Segment
Aerospace
Fastest Growth
Automotive
Growth Rate
11.14% CAGR
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Global Metrology Services Market is segmented by Product, Application, and Region. Based on Product, the market is segmented into CMM, ODS. Based on Application, the market is segmented into Automotive, Aerospace, Industrial, Power Generation, and Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
CMM is the dominant segment in the market. The CMM segment is expected to reach USD 396.6 million by 2025, at a CAGR of 4.9% during the forecast period. CMM's ability to deliver position-resolution, surface measurements in a single system are expected to be a key driver of this segment. Furthermore, CMM provides accurate material measurements for material testing, assembly, design, profiling, and reverse engineering parts. The huge demand for calibration, instrument installation and retrofit offered by CMM is expected to further drive the market expansion during the forecast period. Its enhancements realize greater accuracy in length measurements, velocities and shapes for a variety of applications. These devices are used in vehicle design, type, and pilot plant metrology applications. Their key advantages include high temperature resistance, hard-scan surface optimization, high accuracy and fast data throughput to save time and money.
Optical digitizer and scanner (ODS) are the fastest growing segment in the market. The optical digitizer and scanner (ODS) segment are estimated to expand at a CAGR of 6.6% during the forecast period. Laser scanners can capture the entire geometry for visual and mechanical purposes. They offer higher accuracy and improved speed in real-time operation. Increased activity in areas such as surface analysis, gas turbine blades and automotive parts analysis, vehicle manufacturing and styling, and powertrain components is expected to accelerate this segment during the forecast period. Optical digitizers and scanners (ODS) represent the fastest growing segment in the market. This increase is driven by the increasing use of noncontact measurement technologies in the automotive, aerospace, and electronics industries. ODS solutions, such as 3D laser scanners and structured light scanners, provide high speed, accuracy and multiple measurement capabilities for complex geometries, making them ideal for applications requiring detailed tracking.
Aerospace is the dominant segment in the market. The aerospace segment is anticipated to enlarge at a CAGR of 6.8% from 2024 to 2031. The development of 3D measurement solutions, transportable CMM, robot-mounted optical CMM scanner, cloud-based software application platform, and dimensional metrology services carried out the all-pervasive growth of the metrology services. The aerospace segment of the metrology services market is projected to grow at a sturdy CAGR driven through technological advancements and the increasing need for precision size in aerospace manufacturing. Additionally, the appearance of robot-set up optical CMM scanners has enhanced the automation of metrology procedures, taking into consideration quicker.
The automotive application segment is expected to witness moderate growth during the forecast period because of technological advancements in cars ensuing in an expanded stage of precision of components. Every seat, door, panel, and component in an automobile have to be precision aligned to promote passenger safety, consolation, and delight. The necessity of tolerance measurement to inspect and investigate device alignment on equipment is likewise driving the demand for metrology services. Moreover, the usage of the portable coordinate size system, laser trackers, and portable coordinate measuring fingers for the 3D inspection for procedure development of panels and assembled body panels dimension also necessitates the demand for metrology services.
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North America is dominant region in the metrology services market and is predicted to maintain the dominance over the forecast period. There are many cars manufactures present in this region. Metrology offerings are typically utilized in automotive industries for inspection in car assembly to keep away from excellent issues at the time of production of the brand-new automobile. In addition, 3D laser scanner era is used for digital assembling of the car additives for physical assessment prototypes and eliminates the need for highly priced specialized verification tooling. Hence, metrology services have a more potential inside the car enterprise in North America.
Asia Pacific is expected to become the fastest-growing region during the forecast period attributable to increase in the regional aerospace and defense industry. The industrial and energy technology applications are predicted to grow the metrology services market in Asia Pacific. 3D scanner based totally metrology offerings are used within the electricity era industry for distinctive programs. Dimensional metrology applications are used for the electricity generation enterprise, which uses the present-day laser technology and portable coordinate dimension palms and large extent scanner. Metrology services are utilized in exceptional power technology encompass horizontal device bearing, most important shaft, casting, mills, tops-off alignment, scroll case geometry and assembly, and other programs.
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Growing Demand for Precision Technology in Various Industries
Technological Advances in 3D Measurement and Automated Metrology
High Costs of Metrology Equipment and Services
Lack of Skilled Workers in the Metrology Industry
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The competitive landscape in the metrology services market is highly fragmented, with many key players focusing on expanding their service offerings and technical capabilities. Companies compete based on technological advances such as accuracy, efficiency, 3D scanning and automated metrology. A collaborative approach is common, enabling companies to leverage knowledge and innovation. For example, Hexagon AB partnered with Solex Metrology to increase its measurement accuracy by integrating advanced 3D metrology solutions. This partnership highlights how the companies are collaborating to deliver improved accuracy and meet growing industry demand for high-quality measurement services.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to SkyQuest analysis, the metrology services market is experiencing robust growth, pushed by way of the growing demand for precision engineering in sectors which include aerospace, automotive, and electronics. Technological advancements in 3D dimension and automatic metrology systems have revolutionized fine manipulate methods. However, excessive charges of superior metrology equipment and the lack of skilled professionals pose significant demanding situations for marketplace growth. On the other hand, trends consisting of the adoption of portable metrology devices and the integration of metrology with Industry 4.0 provide new possibilities for the innovation and expansion. As industries increasingly more undertake virtual production techniques, the position of metrology services will become even extra essential in operational performance.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 6.24 Billion |
Market size value in 2032 | USD 14.53 Billion |
Growth Rate | 11.14% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Metrology Services Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Metrology Services Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Metrology Services Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Metrology Services Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Metrology Services Market size was valued at USD 6.24 Billion in 2023 and is poised to grow from USD 6.94 Billion in 2024 to USD 14.53 Billion by 2032, growing at a CAGR of 11.14% during the forecast period (2025-2032).
The competitive landscape in the metrology services market is highly fragmented, with many key players focusing on expanding their service offerings and technical capabilities. Companies compete based on technological advances such as accuracy, efficiency, 3D scanning and automated metrology. A collaborative approach is common, enabling companies to leverage knowledge and innovation. For example, Hexagon AB partnered with Solex Metrology to increase its measurement accuracy by integrating advanced 3D metrology solutions. This partnership highlights how the companies are collaborating to deliver improved accuracy and meet growing industry demand for high-quality measurement services. 'Hexagon AB ', 'Carl Zeiss AG ', 'Renishaw plc ', 'Nikon Metrology Inc. ', 'Quality Vision International ', 'Optical Metrology Services Ltd ', 'Intertek Group plc ', 'Dimensional Metrology Services ', 'Verus Precision Ltd ', 'Metalock Engineering Group ', 'Metrology Services, Inc. ', 'Rice Lake Weighing System ', 'Roberts Metrology Services'
Growing need for precision engineering in aerospace, automotive, electronics etc. Complex measurements are very common in modern manufacturing, companies rely on advanced metering services to ensure accurate measurement and optimal production of components for example engines, transmissions and brake systems in automotive industry. In materials processing accuracy is important, where even small errors can lead to significant performance issues. Furthermore, the need for spatially precise engineering is more evident, because safety standards require careful weighing and verification of the parts.
Increasing the Use of Portable Measuring Devices: A major trend in the metrology services market is the adoption of portable measuring devices, such as the handheld 3D scanners and mobile CMMs. These devices offer extra flexibility as compared to traditional fixed structures, allowing producers to measure at once at the manufacturing plant. The simplicity and performance of the market is that portable size solutions are gaining popularity as an increasing number of companies search to streamline their quality control approaches.
North America is dominant region in the metrology services market and is predicted to maintain the dominance over the forecast period. There are many cars manufactures present in this region. Metrology offerings are typically utilized in automotive industries for inspection in car assembly to keep away from excellent issues at the time of production of the brand-new automobile. In addition, 3D laser scanner era is used for digital assembling of the car additives for physical assessment prototypes and eliminates the need for highly priced specialized verification tooling. Hence, metrology services have a more potential inside the car enterprise in North America.
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