Global Metrology Market Growth (Status and Outlook) 2024-2030

Global Metrology Market Growth (Status and Outlook) 2024-2030

Industrial metrology machines are sophisticated devices and systems used in the manufacturing sector to precisely measure and inspect components, assemblies, and surfaces to ensure compliance with tight tolerances and high-quality standards. These machines play a crucial role in maintaining accuracy and consistency throughout the production process.

The global Metrology market size is projected to grow from US$ 767 million in 2024 to US$ 1224 million in 2030; it is expected to grow at a CAGR of 8.1% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Metrology Industry Forecast” looks at past sales and reviews total world Metrology sales in 2022, providing a comprehensive analysis by region and market sector of projected Metrology sales for 2023 through 2029. With Metrology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metrology industry.

This Insight Report provides a comprehensive analysis of the global Metrology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Metrology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Metrology market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metrology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Metrology.

Southeast Asia key players of Metrology include KEYENCE, Mitutoyo, Hexagon, Zeiss, Tokyo Seimitsu, etc. The top five players hold a share about 63%. Malaysia is the largest market for Metrology and has a share about 25%, followed by Thailand and Singapore, with share 23% and 17%, separately. In terms of product type, Optical Systems is the largest segment, occupied for a share of 43%. In terms of application, Electronics is the largest application, occupied for a share of 32%.

This report presents a comprehensive overview, market shares, and growth opportunities of Metrology market by product type, application, key players and key regions and countries.

Segmentation by Type:
CMM+VMM
Optical Systems
2D X-ray
3D X-ray
Others

Segmentation by Application:
Automotive, Carbody
NEV
Aerospace
Electronics
Energy
Manufacturing
Transportation
Science Services
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
CMM+VMM
Optical Systems
2D X-ray
3D X-ray
Others

Segmentation by Application:
Automotive, Carbody
NEV
Aerospace
Electronics
Energy
Manufacturing
Transportation
Science Services
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
KEYENCE
Mitutoyo
Hexagon
Zeiss
Tokyo Seimitsu
Baker Hughes
Nikon
Comet Yxlon
Renishaw
Mahr
Hitachi High-Tech Corporation
Bruker
Jenoptik
Werth
FARO
AEH
Leader Metrology
Wenzel
Coord3

Please note: The report will take approximately 2 business days to prepare and deliver.