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Industrial Metrology Market was valued at over USD 12.5 billion in 2023 and is estimated to register a CAGR of over 6% between 2024 & 2032. The increasing demand for high-precision measurement solutions is driven by several factors shaping modern industrial landscapes.
As industries evolve and competition intensifies, the need for accuracy and consistency in product quality becomes paramount. High-precision measurement solutions offer superior accuracy, enabling manufacturers to meet stringent quality standards and customer expectations. In sectors including aerospace, automotive, and electronics, where components must adhere to tight tolerances, precision measurement is indispensable. Whether it is ensuring the precise alignment of aircraft parts, maintaining tight dimensional control in automotive manufacturing, or guaranteeing the accuracy of microelectronics, high-precision measurement solutions play a critical role in safeguarding product integrity and reliability.
The growing focus on quality control in various industries, rising demand for automobiles in developing countries, and the rising Big Data analytics market have boosted the industrial metrology market. Companies, such as Faro (U.S.), Carl Zeiss (Germany), and Nikon Metrology (Belgium), are offering Big Data analytics, data management, data security, and mobile app solutions for the metrology market. In June 2022, BMW has developed an innovative, fully automated inline measurement cell for quality control. This new inline multiple measurement cell streamlines this phase by integrating the measurement process into the production flow and can operate 24/7 if required. The inline measurement cell features four robots and a range of innovative measurement methods including Laser Radar.
Report Attribute | Details |
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Base Year: | 2023 |
Industrial Metrology Market Size in 2023: | USD 12.5 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 6% |
2032 Value Projection: | USD 21.5 Billion |
Historical Data for: | 2018 – 2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 371 |
Segments covered: | Offering, equipment, application, End-User, region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Inaccurate measurements pose a significant risk in industrial metrology, resulting in faulty products with compromised quality and performance. When measurements deviate from specifications due to inaccuracies in metrology processes, it can lead to dimensional discrepancies, improper fits, and functionality issues in manufactured components. These inaccuracies may create immediate product defects and have cascading effects, leading to production delays, increased scrap rates, and potential safety hazards for End-Userrs. The manufacturer's reputation may suffer, leading to loss of customer trust and market competitiveness. Therefore, ensuring the accuracy and reliability of metrology systems and processes is essential for mitigating the risks of inaccurate measurements and safeguarding product quality throughout the manufacturing lifecycle.
There is a growing demand for portable metrology solutions that offer flexibility, accessibility, and ease of use. Portable devices, such as handheld 3D scanners, portable CMMs, and laser trackers, enable manufacturers to perform measurements directly on the shop floor, eliminating the need for transporting large and bulky parts to dedicated metrology labs. This trend is influenced by factors such as the rise of agile manufacturing practices, the need for real-time quality assurance, and the desire for cost-effective metrology solutions that can adapt to dynamic production environments. The development of 3D measurement solutions, portable CMM, robot-mounted optical CMM scanners, cloud-based software application platforms, and dimensional metrology services has led to substantial growth in the market. For instance, in October 2021, ZEISS acquired Capture 3D, a prominent GOM 3D non-contact measuring solutions provider based in the U.S. Capture 3D delivers 3D measurement solutions to help customers significantly improve product design, manufacturing, quality control, and production processes.
Industrial metrology is increasingly being integrated with digital manufacturing technologies such as Industry 4.0, the Internet of Things (IoT), and digital twins. By leveraging sensor data, connectivity, and analytics, manufacturers can gain deeper insights into their production processes and product quality. Metrology data can be seamlessly integrated with digital twins of manufacturing assets, enabling predictive maintenance, process optimization, and virtual simulation of production scenarios. This trend reflects a broader shift toward data-driven decision-making and smart manufacturing initiatives aimed at improving efficiency, agility, and competitiveness across the manufacturing value chain. The growing adoption of IoT-enabled sensors across the manufacturing value chain also brings advancements in the measuring process. In 2021, the Institute for Laser Technologies in Medicine and Metrology (ILM) at the University of Ulm developed a special sensor for short measurement times and environmental influences. Multi-wavelength digital holography, along with its associated implementation, enables the collection of topographic data across an entire area for both diffuse and specular reflective surfaces within a single image.
Based on equipment, the market is divided into coordinate measuring machine (CMM), optical digitizer and scanner (ODS), measuring instruments, x-ray and computed tomography, automated optical inspection, form measurement equipment, 2d equipment and others. The optical digitizer and scanner (ODS) segment is expected to register a CAGR of over 9% during the forecast period.
Based on application, the market is divided into quality control & inspection, reverse engineering, mapping and modelling, others. The quality control & inspection segment dominated the global market with a share of over 45% in 2023.
Asia Pacific region is projected to grow at the highest CAGR of over 7% during the forecast period. The industrial metrology market growth in Asia Pacific is credited to various factors. Firstly, the region is home to some of the world's largest manufacturing economies including China, Japan, South Korea, and India. The rapid industrialization and economic growth in these countries have increased the demand for high-precision measurement solutions to ensure product quality, efficiency, and competitiveness.
The automotive, electronics, aerospace, and healthcare industries in Asia Pacific are witnessing robust growth, spurring the adoption of advanced metrology technologies. These industries require precise measurement tools and inspection systems to meet stringent quality standards, comply with regulatory requirements, and address the growing demand for high-quality products. Technological advancements and innovations in metrology equipment and software are fueling market growth in the region. For Instance, In August 2021, Hexagon partnered with India's Central Manufacturing Technology Institute (CMTI) to establish a Smart Manufacturing Development and Demonstration Cell (SMDDC), an Industry 4.0 Centre of Excellence and Experience Centre, at the CMTI premises in Bengaluru, India.
Carl Zeiss AG, FARO Technologies, and Hexagon AB hold a significant share in the Industrial Metrology industry. Carl Zeiss AG offers a comprehensive range of metrology solutions, including Coordinate Measuring Machines (CMMs), optical scanners, and surface measurement systems. The company's metrology products offer precision and reliability, catering to diverse industries such as automotive, aerospace, electronics, and medical devices.
Some major market players include Applied Materials Inc., Carl Zeiss AG, FARO Technologies, Hexagon AB, and Renishaw PLC. These players apply strategies such as product innovations and mergers & acquisitions. Also, companies are involved in several growth and expansion strategies to gain a competitive advantage in the market.
Major players operating in the industrial metrology industry are:
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Market, By Offering
Market, By Equipment
Market, By Application
Market, By End-User
The above information is provided for the following regions and countries: