Global Industrial Metrology Market to Reach $11.9 Billion by 2027
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- In the changed post COVID-19 business landscape, the global market for Industrial Metrology estimated at US$9 Billion in the year 2020, is projected to reach a revised size of US$11.9 Billion by 2027, growing at a CAGR of 4.1% over the analysis period 2020-2027.
- The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 7.6% CAGR
The Industrial Metrology market in the U.S. is estimated at US$2.5 Billion in the year 2020. - China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027.
- Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.5 Billion by the year 2027.