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Metrology Service Market is Heading Up 1.2 Billion US$ By 2026

Press release   •   Aug 21, 2019 09:14 EDT

According to Acumen Research and Consulting, the Global Metrology Service Market is expected to reach $1.2 billion by 2026 growing at a CAGR of 8.0% from 2018 to 2026.

Market Overview:

Metrology Service Market 2018 - 2026 research report includes the SWOT analysis that's Strengths, Weakness, Opportunities and Threats which provides you complete analysis of competitors, market growth, market share and in addition as CAGR comparison by region. The report provides analysis of the global Metrology Service Market for the period from 2016 to 2026, wherein 2018–2026 is the forecast period and 2018 is the base year. Data for 2017 has been included as historical information.

The report covers all trends and technologies expected to play a major role in growth of the global Metrology Service Market during the forecast period. It highlights drivers, restraints, and opportunities expected to influence the market from 2018 to 2026. The study provides a holistic perspective on the Metrology Service Market, in terms of revenue (in US$ Mn) and volume (in million units), across different regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America. The report highlights key trends affecting the Metrology Service Market at the global level. Prominent countries/sub-regions covered in the report include the U.S., Canada, Germany, France, the U.K., Italy, Russia, India, China, Japan, South Korea, South East Asia, GCC, South Africa, and Brazil.

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The report comprises detailed ecosystem analysis, which provides a comprehensive view of the global Metrology Service Market. Porter’s five forces model has also been included to help understand the competition landscape of the market. Additionally, current indicators of diverse macro-economic factors are contextualized under key market indicators.

The report also analyzes the Metrology Service Market on the basis of various segments, with drug type being a prominent one. A unique section in the report also offers a detailed breakdown on the basis of route of administration – which one is highly preferred and which one is minimally preferred.

Market Segmentation:

Market By Product

  • Coordinate Measuring Machine (CMM)
    • Gantry Machine
    • Bridge Machine
    • Articulated Arm Machine
    • Horizontal Arm Machine
  • Optical Digitizer and Scanner (ODS)
    • 3D Laser Scanner
    • White Light Scanner
    • Laser Tracker

Market By Applications

  • Automotive
  • Aerospace
  • Industrial
  • Power Generation
  • Others

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Regional Insights

Asia Pacific is expected to witness quickest developing region over the forthcoming years. Industrial and power generation segment is projected to drive the market for metrology benefits in Asia Pacific. 3D scanner-based metrology administrations utilized in various power age applications are foreseen to drive local development. Dimensional metrology applications in power age industry can additionally goad territorial development over the forecast period.

Europe was the captures the largest market share worth around USD 190.3 million in 2018. This development can be credited to presence of automotive producers. Metrology service are for the most part utilized in car ventures for investigation in a pilot plant for vehicle get together to maintain a strategic distance from quality issues at the season of new vehicle generation.

Market Participants / Key Players:

Some of the main businesses present in the area Danish Micro Engineering A/S; Renishaw PLC., Hexagon AB; Nikon Inc.; Carl Zeiss Corporation; and FARO Technologies Inc. Significant strategic initiatives undertaken by global businesses include partnerships, new product launch, and acquisitions.

Key Questions Answered in the Report

The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-

What is the overall structure of the market?

What was the historical value and what is the forecasted value of the market?

What are the key product level trends in the market?

What are the market level trends in the market?

Which of the market players are leading and what are their key differential strategies to retain their stronghold?

Which are the most lucrative regions in the market space?

Research Methodology

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, market reports, news articles, press releases, webcasts specific to companies operating in the market, national government documents, statistical databases, and Factiva.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews conducted for each market segment across geographies. ARC conducts primary interviews on an ongoing basis with market participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competition landscape, and market outlook. These help validate and strengthen secondary research findings. They also help develop the analysis team’s expertise and market understanding.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Metrology Service
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Metrology Service Market by Product
1.2.2.1. Global Metrology Service Market Revenue and Growth Rate Comparison by Product (2015-2026)
1.2.2.2. Global Metrology Service Market Revenue Share by Product in 2018
1.2.2.3. Coordinate Measuring Machine (CMM)
1.2.2.3.1. Gantry Machine
1.2.2.3.2. Bridge Machine
1.2.2.3.3. Articulated Arm Machine
1.2.2.3.4. Horizontal Arm Machine
1.2.2.4. Optical Digitizer and Scanner (ODS)
1.2.2.4.1. 3D Laser Scanner
1.2.2.4.2. White Light Scanner
1.2.2.4.3. Laser Tracker
1.2.3. Metrology Service Market by Application
1.2.3.1. Global Metrology Service Market Revenue and Growth Rate Comparison by Application (2015-2026)
1.2.3.2. Automotive
1.2.3.3. Aerospace
1.2.3.4. Industrial
1.2.3.5. Power Generation
1.2.3.6. Others
1.2.4. Metrology Service Market by Geography
1.2.4.1. Global Metrology Service Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Metrology Service Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Metrology Service Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Metrology Service Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Metrology Service Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Metrology Service Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Metrology Service Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Metrology Service Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Metrology Service Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Metrology Service Major Manufacturers in 2018

CHAPTER 4. METROLOGY SERVICE MARKET BY PRODUCT

4.1. Global Metrology Service Revenue by Product
4.2. Coordinate Measuring Machine (CMM)
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.2.3. Gantry Machine
4.2.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.4. Bridge Machine
4.2.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.5. Articulated Arm Machine
4.2.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.6. Horizontal Arm Machine
4.2.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.7. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.8. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Optical Digitizer and Scanner (ODS)
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3.3. 3D Laser Scanner
4.3.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.4. White Light Scanner
4.3.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.5. Laser Tracker
4.3.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.6. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.7. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. METROLOGY SERVICE MARKET BY APPLICATION

5.1. Automotive
5.1.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.1.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.2. Aerospace
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Industrial
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Power Generation
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA METROLOGY SERVICE MARKET BY COUNTRY

6.1. North America Metrology Service Market Revenue And Growth Rate, 2015 - 2026 ($Million)
6.2. North America Metrology Service Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Metrology Service Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE METROLOGY SERVICE MARKET BY COUNTRY

7.1. Europe Metrology Service Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Metrology Service Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC METROLOGY SERVICE MARKET BY COUNTRY

8.1. Asia-Pacific Metrology Service Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Metrology Service Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA METROLOGY SERVICE MARKET BY COUNTRY

9.1. Latin America Metrology Service Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Metrology Service Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST AND AFRICA METROLOGY SERVICE MARKET BY COUNTRY

10.1. Middle East and Africa Metrology Service Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East and Africa Metrology Service Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. South Africa
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.6. Egypt
10.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.7. Rest of Middle East And Africa
10.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. COMPANY PROFILE

11.1. Danish Micro Engineering A/S
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Renishaw PLC.
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Hexagon AB
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Nikon Inc.
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Carl Zeiss Corporation
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. FARO Technologies Inc.
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies

CHAPTER 12. RESEARCH APPROACH

12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope

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