Global Inline Metrology Market Size study, by Offering (Hardware, Software, Services) by Product (Coordinate Measuring Machines, Machines Vision Systems, Optical Scanners) by Application (Quality Control and Inspection, Reverse Engineering, Others) by Ind

Global Inline Metrology Market Size study, by Offering (Hardware, Software, Services) by Product (Coordinate Measuring Machines, Machines Vision Systems, Optical Scanners) by Application (Quality Control and Inspection, Reverse Engineering, Others) by Industry (Automotive, Aerospace, Semiconductors, Energy & Power, Others) and Regional Forecasts 2021-2027

Global Inline Metrology Market is valued approximately USD 0.39 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 15.5 % over the forecast period 2021-2027. Inline metrology refers to automated, dependable, and non-destructive measurement results of moving materials and accessories on a manufacturing line. The advancing technology and bandwidth of manufacturing lines has necessitated the development of efficient performance control and quick inline metrology systems for data gathering and statistical data analysis. One of the major factors driving this extraordinary market growth is the increasing adoption of inline metrology in automobiles by automakers. For instance, Atlas Copco, a development company involving transforming solutions, acquired German QUISS (Qualitäts-Inspektionssysteme und Service) AG in August 2018. QUISS AG is a company that specializes in machine vision solutions for vendor evaluation and robot guidance, which are primarily used in the automotive industry. Rising demand for customized solutions in the 3D industry will drive the inline metrology market forward once more. Novacam Technologies devised a framework in January 2018 that delivers excellent, micron-precision, non-contact readings of bore inner diameter (ID) surfaces. BoreInspect is a 3D imaging system for automated borehole inspection that is defined as the maximum low-coherence interferometry. However, there are significant costs associated with establishing inline metrology facilities and also inadequate knowledge of Inline Metrology Systems are factors that impede market growth are during the forecast period. The operational complexity of highly developed inline metrology software products is a market challenge. Also, rising investment on R&D activities by multiple end user market segments to provide the interactive web 2.0 is creating more lucrative and financially rewarding inline metrology market growth opportunities.

APAC is regarded as the world's largest manufacturing center and is rapidly expanding as a massive hub for industrial automation. Because of the growing demands for automotive in these regions, countries such as India and China are the largest market factors that contribute to the inline metrology market. High per median spending and rapid urbanization and industrialization on a large scale are expected to create a massive void in quality assurance and monitoring of machines, which the inline metrology system is expected to fill. The presence of a large industrial base and adequate funding in the automotive R&D sectors are the factors that distinguish APAC as a distinct region while also helping to promote the market growth

Major market player included in this report are:
Hexagon AB
Carl Zeiss
Perceptron
ABB Group
KUKA
Nikon Metrology
AMETEK
LMI Technologies
Cognex
Jenoptik

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Offering:
Hardware
Software
Services
By Product:
Coordinate Measuring Machines
Machines Vision Systems
Optical Scanners
By Application:
Quality Control and Inspection
Reverse Engineering
Others
By Industry:
Automotive
Aerospace
Semiconductors
Energy & Power
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Inline Metrology Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors