Home > Semiconductors & Electronics > Imaging > Industrial Metrology Market

Industrial Metrology Market Share

Report ID: GMI8389
Published Date: Mar 2024
Report Format: PDF

Download Free Sample

Industrial Metrology Market Share

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.

Industrial Metrology Market Companies

Major players operating in the industrial metrology industry are:

Carl Zeiss AG
FARO Technologies
Hexagon AB
KEYENCE CORPORATION
Mitutoyo Corporation
Nikon Metrology
Renishaw PLC

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for industrial metrology crossed USD 12.5 billion in 2023 and is expected to register over 6% CAGR from 2024-2032 owing to the increasing demand for high-precision measurement solutions worldwide.

Industrial metrology industry from the optical digitizer and scanner segment is expected to register over 9% CAGR from 2024-2032 due to their ability to ensure the accuracy, quality, and compliance of manufactured components across various industries.

Asia Pacific industry for industrial metrology is expected to register over 7% CAGR from 2024-2032 due to rapid industrialization and economic growth along with advancements in the automotive, electronics, aerospace, and healthcare industries in the region.

Carl Zeiss AG, FARO Technologies, Hexagon AB, KEYENCE CORPORATION, Mitutoyo Corporation, Nikon Metrology, and Renishaw PLC, are some of the major industrial metrology companies worldwide.