What is the market size for the metrology services market?

The Market is expected to grow by $ 1196.63 mn in 2024-2028. <a href='https://www.technavio.com/report/metrology-services-market-industry-analysis'>Read More</a>

What is the CAGR for the metrology services market?

14.72% CAGR with $ 1196.63 mn Momentum. <a href='https://www.technavio.com/report/metrology-services-market-industry-analysis'>Read More</a>

What is the growth rate of the Metrology Services Market market?

14.72% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/metrology-services-market-industry-analysis'>Read More</a>

Which region held the largest market share in the Metrology Services Market market?

Europe with 29% of the market growth. <a href='https://www.technavio.com/report/metrology-services-market-industry-analysis'>Read More</a>

Who are the prominent players in the Metrology Services Market market?

AMETEK Inc., Apex Metrology Ltd, Atlas Copco AB, ATT Metrology Services, Automated Precision Inc., Avon Dynamic Calibration Ltd., Carl Zeiss AG, FARO Technologies Inc., Hexagon .... <a href='https://www.technavio.com/report/metrology-services-market-industry-analysis'>Read More</a>

Metrology Services Market Analysis Europe, APAC, North America, South America, Middle East and Africa - US, Canada, China, Germany, UK - Size and Forecast 2024-2028

Published: Oct 2023
Pages: 168
SKU: IRTNTR72371

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Metrology Services Market Size 2024-2028

The metrology services market size is forecast to increase by USD 1.19 billion at a CAGR of 14.72% between 2023 and 2028. Metrology services play a crucial role in ensuring cost reduction and reduced defects in manufacturing processes by adhering to internationally accepted standards. The increasing production capacity and aging population, coupled with rising consumerism, necessitate sustainable growth in this market. The use of Computer-Aided Design (CAD) by manufacturers and the shrinking lifecycle of consumer and industrial products have led to a higher demand for metrology services. However, the inadequate number of service providers offering comprehensive metrology services poses a challenge. To address this, companies are investing in advanced technologies and multiple functionalities to cater to the growing market needs. This trend is expected to continue, as the focus on maintaining quality and efficiency in manufacturing processes remains a top priority.

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global metrology services market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global metrology services market 2018 - 2022 ($ million)

4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)

4.3 Product Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Product Segment 2018 - 2022 ($ million)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application

6.3 Heavy equipment - Market size and forecast 2023-2028
- Exhibit 34: Chart on Heavy equipment - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Heavy equipment - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Heavy equipment - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Heavy equipment - Year-over-year growth 2023-2028 (%)

6.4 Automotive - Market size and forecast 2023-2028
- Exhibit 38: Chart on Automotive - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Automotive - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Automotive - Year-over-year growth 2023-2028 (%)

6.5 Aerospace and defense - Market size and forecast 2023-2028
- Exhibit 42: Chart on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
- Exhibit 43: Data Table on Aerospace and defense - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Chart on Aerospace and defense - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Aerospace and defense - Year-over-year growth 2023-2028 (%)

6.6 Others - Market size and forecast 2023-2028
- Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)

6.7 Market opportunity by Application
- Exhibit 50: Market opportunity by Application ($ million)
- Exhibit 51: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Product

7.1 Market segments
- Exhibit 52: Chart on Product - Market share 2023-2028 (%)
- Exhibit 53: Data Table on Product - Market share 2023-2028 (%)

7.2 Comparison by Product
- Exhibit 54: Chart on Comparison by Product
- Exhibit 55: Data Table on Comparison by Product

7.3 Coordinate measuring machines (CMM) - Market size and forecast 2023-2028
- Exhibit 56: Chart on Coordinate measuring machines (CMM) - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Coordinate measuring machines (CMM) - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Coordinate measuring machines (CMM) - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Coordinate measuring machines (CMM) - Year-over-year growth 2023-2028 (%)

7.4 Optical digitizers and scanners (ODS) - Market size and forecast 2023-2028
- Exhibit 60: Chart on Optical digitizers and scanners (ODS) - Market size and forecast 2023-2028 ($ million)
- Exhibit 61: Data Table on Optical digitizers and scanners (ODS) - Market size and forecast 2023-2028 ($ million)
- Exhibit 62: Chart on Optical digitizers and scanners (ODS) - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Optical digitizers and scanners (ODS) - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Product
- Exhibit 64: Market opportunity by Product ($ million)
- Exhibit 65: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2023-2028 (%)
- Exhibit 68: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison

9.3 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.4 APAC - Market size and forecast 2023-2028
- Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.5 North America - Market size and forecast 2023-2028
- Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.6 South America - Market size and forecast 2023-2028
- Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 Germany - Market size and forecast 2023-2028
- Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.11 UK - Market size and forecast 2023-2028
- Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.12 Canada - Market size and forecast 2023-2028
- Exhibit 107: Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 108: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 109: Chart on Canada - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on Canada - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ million)
- Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption

11.4 Industry risks
- Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 117: Vendors covered

12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification

12.3 AMETEK Inc.
- Exhibit 119: AMETEK Inc. - Overview
- Exhibit 120: AMETEK Inc. - Business segments
- Exhibit 121: AMETEK Inc. - Key offerings
- Exhibit 122: AMETEK Inc. - Segment focus

12.4 Apex Metrology Ltd
- Exhibit 123: Apex Metrology Ltd - Overview
- Exhibit 124: Apex Metrology Ltd - Product / Service
- Exhibit 125: Apex Metrology Ltd - Key offerings

12.5 ATT Metrology Services
- Exhibit 126: ATT Metrology Services - Overview
- Exhibit 127: ATT Metrology Services - Product / Service
- Exhibit 128: ATT Metrology Services - Key offerings

12.6 Automated Precision Inc.
- Exhibit 129: Automated Precision Inc. - Overview
- Exhibit 130: Automated Precision Inc. - Product / Service
- Exhibit 131: Automated Precision Inc. - Key offerings

12.7 Avon Dynamic Calibration Ltd.
- Exhibit 132: Avon Dynamic Calibration Ltd. - Overview
- Exhibit 133: Avon Dynamic Calibration Ltd. - Product / Service
- Exhibit 134: Avon Dynamic Calibration Ltd. - Key offerings

12.8 Carl Zeiss AG
- Exhibit 135: Carl Zeiss AG - Overview
- Exhibit 136: Carl Zeiss AG - Business segments
- Exhibit 137: Carl Zeiss AG - Key offerings
- Exhibit 138: Carl Zeiss AG - Segment focus

12.9 FARO Technologies Inc.
- Exhibit 139: FARO Technologies Inc. - Overview
- Exhibit 140: FARO Technologies Inc. - Product / Service
- Exhibit 141: FARO Technologies Inc. - Key news
- Exhibit 142: FARO Technologies Inc. - Key offerings

12.10 Hexagon AB
- Exhibit 143: Hexagon AB - Overview
- Exhibit 144: Hexagon AB - Business segments
- Exhibit 145: Hexagon AB - Key offerings
- Exhibit 146: Hexagon AB - Segment focus

12.11 In Place Machining Company LLC
- Exhibit 147: In Place Machining Company LLC - Overview
- Exhibit 148: In Place Machining Company LLC - Product / Service
- Exhibit 149: In Place Machining Company LLC - Key offerings

12.12 Intertek Group Plc
- Exhibit 150: Intertek Group Plc - Overview
- Exhibit 151: Intertek Group Plc - Business segments
- Exhibit 152: Intertek Group Plc - Key news
- Exhibit 153: Intertek Group Plc - Key offerings
- Exhibit 154: Intertek Group Plc - Segment focus

12.13 Mitutoyo Corp.
- Exhibit 155: Mitutoyo Corp. - Overview
- Exhibit 156: Mitutoyo Corp. - Product / Service
- Exhibit 157: Mitutoyo Corp. - Key offerings

12.14 Nikon Corp.
- Exhibit 158: Nikon Corp. - Overview
- Exhibit 159: Nikon Corp. - Business segments
- Exhibit 160: Nikon Corp. - Key news
- Exhibit 161: Nikon Corp. - Key offerings
- Exhibit 162: Nikon Corp. - Segment focus

12.15 Optimax Imaging Inspection and Measurement Ltd
- Exhibit 163: Optimax Imaging Inspection and Measurement Ltd - Overview
- Exhibit 164: Optimax Imaging Inspection and Measurement Ltd - Product / Service
- Exhibit 165: Optimax Imaging Inspection and Measurement Ltd - Key offerings

12.16 Renishaw Plc
- Exhibit 166: Renishaw Plc - Overview
- Exhibit 167: Renishaw Plc - Business segments
- Exhibit 168: Renishaw Plc - Key offerings
- Exhibit 169: Renishaw Plc - Segment focus

12.17 Trescal International SAS
- Exhibit 170: Trescal International SAS - Overview
- Exhibit 171: Trescal International SAS - Product / Service
- Exhibit 172: Trescal International SAS - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 173: Inclusions checklist
- Exhibit 174: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 175: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 176: Research methodology
- Exhibit 177: Validation techniques employed for market sizing
- Exhibit 178: Information sources