Pre & Post COVID-19 Market Estimates-Metrology Services Market 2019-2023 | Increasing Use of CAD by Manufacturers to Boost Growth | Technavio

Our metrology services market report covers the following areas:

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Business Wire, Inc.Business Wire, Inc.
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Friday, April 17, 2020
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Software, Technology, Electronic design automation, Companies, Optics, Applied sciences, Metrology, Carl Zeiss AG, Nikon, Mitutoyo, Benchmarking
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Summary
Key Points: 
  • Our metrology services market report covers the following areas:
    This study identifies emerging applications of metrology services in additive manufacturing as one of the prime reasons driving the metrology services market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the metrology services market, including some of the vendors such as FARO Technologies Inc., HEXAGON, Mitutoyo Corp., Nikon Corp., TRESCAL SA, and ZEISS International.
  • Backed with competitive intelligence and benchmarking, our research reports on the metrology services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.


Technavio has been monitoring the metrology services market and it is poised to grow by USD 301.11 mn during 2019-2023, progressing at a CAGR of about 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced the latest market research report titled Global Metrology Services Market 2019-2023 (Graphic: Business Wire)

Technavio has announced the latest market research report titled Global Metrology Services Market 2019-2023 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. FARO Technologies Inc., HEXAGON, Mitutoyo Corp., Nikon Corp., TRESCAL SA, and ZEISS International, are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing use of CAD by manufacturers has been instrumental in driving the growth of the market.

Metrology Services Market 2019-2023 : Segmentation

Metrology services market is segmented as below:

  • Application
    • Heavy Equipment
    • Automotive
    • Aerospace and Defense
    • Others
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR31188

Metrology Services Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our metrology services market report covers the following areas:

  • Metrology Services Market Size
  • Metrology Services Market Trends
  • Metrology Services Market Industry Analysis

This study identifies emerging applications of metrology services in additive manufacturing as one of the prime reasons driving the metrology services market growth during the next few years.

Metrology Services Market 2019-2023 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the metrology services market, including some of the vendors such as FARO Technologies Inc., HEXAGON, Mitutoyo Corp., Nikon Corp., TRESCAL SA, and ZEISS International. Backed with competitive intelligence and benchmarking, our research reports on the metrology services market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.

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Metrology Services Market 2019-2023 : Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist metrology services market growth during the next five years
  • Estimation of the metrology services market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the metrology services market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of metrology services market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Heavy equipment - Market size and forecast 2018-2023
  • Automotive - Market size and forecast 2018-2023
  • Aerospace and defense - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Shrinking lifecycle of consumer and industrial products
  • Increasing number of M&A in the market
  • Emerging applications of metrology services in additive manufacturing

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • FARO Technologies Inc.
  • HEXAGON
  • Mitutoyo Corp.
  • Nikon Corp.
  • TRESCAL SA
  • ZEISS International

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

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