Europe Industrial Metrology Market Size, Share & Industry Trends Analysis Report By Offering, By Equipment, By Application, By End-User (Automotive, Aerospace & Defense, Semiconductor, Manufacturing), By Country and Growth Forecast, 2022 - 2028

The Europe Industrial Metrology Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).

A company's value chain is formed of numerous operations in a chain, particularly when it pertains to generating original items, as these products go through steps such as modeling, production, refining, and assembly. In this setting, industrial metrology functions as a crucial instrument for information generation and acquiring specialized knowledge about all phases. The information supplied by the metrology processes enables the teams accountable for the metrology to identify potential bottlenecks and reduce excessive use of raw materials. Additionally, industrial metrology helps in discovering better options for product manufacturing and avoids functional and structural failure risks.

Each week, millions of pieces are manufactured in modern manufacturing. The majority are manufactured on automated assembly lines with minimal human interaction. Each piece of equipment in the manufacturing line generates a distinct component that conforms to precise requirements within a predetermined error margin. Even the most complex and costly machinery can lose or shift alignment over time. When machines are tasked with producing crucial components even minute alterations can have significant consequences. All items manufactured on contemporary assembly lines possess a predetermined error tolerance.

The amount of tolerance varies depending on the manufactured part. The machines self-diagnose whether or not the components they are creating fall within acceptable limits. If not, they notify the technicians and quality control staff about the problem. In industries where precise measurement is crucial, such as automotive and aerospace, components are measured by Coordinate Measuring Machines to guarantee exact criteria are reached.

The Euramet European Metrology Research Program (EMRP) has made it possible for European metrology organizations, businesses, and academic institutions to work together on joint research projects in a number of sectors, including industry, energy, environment, health, technologies, and SI units. 119 projects were able to be funded between 2009 and 2013 through annual EMRP research solicitations. The successor program, the European Metrology Program for Innovation and Research (EMPIR), continues to fund measurement research projects in the same areas as the EMRP, with the addition of new themes for projects. Therefore, the region will demand more metrological solutions in the coming years and has significantly bolstered the expansion of the industrial metrology market.

The Germany market dominated the Europe Industrial Metrology Market by Country in 2021; thereby, achieving a market value of $1,005 million by 2028. The UK market is exhibiting a CAGR of 4.9% during (2022 - 2028). Additionally, The France market would experience a CAGR of 6.5% during (2022 - 2028).

Based on Offering, the market is segmented into Hardware, Software, and Services. Based on Equipment, the market is segmented into Coordinate Measuring Machine (CMM), Automated Optical Inspection, Measuring Instruments, Optical Digitizer & Scanner (ODS), X-ray & Computed Tomography, Form Measurement Equipment, and Others. Based on Application, the market is segmented into Quality Control & Inspection, Reverse Engineering, Mapping & Modeling, and Others. Based on End-User, the market is segmented into Automotive, Aerospace & Defense, Semiconductor, Manufacturing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Industrial Metrology Market will Hit $15.2 Billion by 2028, at a CAGR of 6.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hexagon AB, Nikon Corporation, FARO Technologies, Inc., Carl Zeiss AG, Jenoptik AG, Keyence Corporation, Creaform, Inc. (AMETEK, Inc.), Renishaw PLC, Mitutoyo Corporation and KLA Corporation

Scope of the Study

Market Segments Covered in the Report:

By Offering

• Hardware
• Software
• Services

By Equipment

• Coordinate Measuring Machine (CMM)
• Automated Optical Inspection
• Measuring Instruments
• Optical Digitizer & Scanner (ODS)
• X-ray & Computed Tomography
• Form Measurement Equipment
• Others

By Application

• Quality Control & Inspection
• Reverse Engineering
• Mapping & Modeling
• Others

By End User

• Automotive
• Aerospace & Defense
• Semiconductor
• Manufacturing
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Hexagon AB
• Nikon Corporation
• FARO Technologies, Inc.
• Carl Zeiss AG
• Jenoptik AG
• Keyence Corporation
• Creaform, Inc. (AMETEK, Inc.)
• Renishaw PLC
• Mitutoyo Corporation
• KLA Corporation

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Industrial Metrology Market, by Offering
1.4.2 Europe Industrial Metrology Market, by Equipment
1.4.3 Europe Industrial Metrology Market, by Application
1.4.4 Europe Industrial Metrology Market, by End User
1.4.5 Europe Industrial Metrology Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Apr – 2022, Sep) Leading Players

Chapter 4. Europe Industrial Metrology Market by Offering
4.1 Europe Hardware Market by Country
4.2 Europe Software Market by Country
4.3 Europe Services Market by Country

Chapter 5. Europe Industrial Metrology Market by Equipment
5.1 Europe Coordinate Measuring Machine (CMM) Market by Country
5.2 Europe Automated Optical Inspection Market by Country
5.3 Europe Measuring Instruments Market by Country
5.4 Europe Optical Digitizer & Scanner (ODS) Market by Country
5.5 Europe X-ray & Computed Tomography Market by Country
5.6 Europe Form Measurement Equipment Market by Country
5.7 Europe Others Market by Country

Chapter 6. Europe Industrial Metrology Market by Application
6.1 Europe Quality Control & Inspection Market by Country
6.2 Europe Reverse Engineering Market by Country
6.3 Europe Mapping & Modeling Market by Country
6.4 Europe Others Market by Country

Chapter 7. Europe Industrial Metrology Market by End-User
7.1 Europe Automotive Market by Country
7.2 Europe Aerospace & Defense Market by Country
7.3 Europe Semiconductor Market by Country
7.4 Europe Manufacturing Market by Country
7.5 Europe Others Market by Country

Chapter 8. Europe Industrial Metrology Market by Country
8.1 Germany Industrial Metrology Market
8.1.1 Germany Industrial Metrology Market by Offering
8.1.2 Germany Industrial Metrology Market by Equipment
8.1.3 Germany Industrial Metrology Market by Application
8.1.4 Germany Industrial Metrology Market by End-User
8.2 UK Industrial Metrology Market
8.2.1 UK Industrial Metrology Market by Offering
8.2.2 UK Industrial Metrology Market by Equipment
8.2.3 UK Industrial Metrology Market by Application
8.2.4 UK Industrial Metrology Market by End-User
8.3 France Industrial Metrology Market
8.3.1 France Industrial Metrology Market by Offering
8.3.2 France Industrial Metrology Market by Equipment
8.3.3 France Industrial Metrology Market by Application
8.3.4 France Industrial Metrology Market by End-User
8.4 Russia Industrial Metrology Market
8.4.1 Russia Industrial Metrology Market by Offering
8.4.2 Russia Industrial Metrology Market by Equipment
8.4.3 Russia Industrial Metrology Market by Application
8.4.4 Russia Industrial Metrology Market by End-User
8.5 Spain Industrial Metrology Market
8.5.1 Spain Industrial Metrology Market by Offering
8.5.2 Spain Industrial Metrology Market by Equipment
8.5.3 Spain Industrial Metrology Market by Application
8.5.4 Spain Industrial Metrology Market by End-User
8.6 Italy Industrial Metrology Market
8.6.1 Italy Industrial Metrology Market by Offering
8.6.2 Italy Industrial Metrology Market by Equipment
8.6.3 Italy Industrial Metrology Market by Application
8.6.4 Italy Industrial Metrology Market by End-User
8.7 Rest of Europe Industrial Metrology Market
8.7.1 Rest of Europe Industrial Metrology Market by Offering
8.7.2 Rest of Europe Industrial Metrology Market by Equipment
8.7.3 Rest of Europe Industrial Metrology Market by Application
8.7.4 Rest of Europe Industrial Metrology Market by End-User

Chapter 9. Company Profiles
9.1 Hexagon AB
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.2 FARO Technologies, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.3 Jenoptik AG
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.3.5.2 Geographical Expansions:
9.4 Renishaw PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.5 Keyence Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Carl Zeiss AG
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.7 Nikon Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.8 Creaform, Inc. (Ametek, Inc.)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.9 KLA Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.5.2 Acquisition and Mergers:
9.9.5.3 Geographical Expansions:
9.10. Mitutoyo Corporation
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:

TABLE 1 Europe Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 2 Europe Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Industrial Metrology Market
TABLE 4 Product Launches And Product Expansions – Industrial Metrology Market
TABLE 5 Acquisition and Mergers – Industrial Metrology Market
TABLE 6 Geographical Expansions – Industrial Metrology Market
TABLE 7 Europe Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 8 Europe Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 9 Europe Hardware Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Hardware Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Software Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Software Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 16 Europe Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 17 Europe Coordinate Measuring Machine (CMM) Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Coordinate Measuring Machine (CMM) Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Automated Optical Inspection Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Automated Optical Inspection Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Measuring Instruments Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Measuring Instruments Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Optical Digitizer & Scanner (ODS) Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Optical Digitizer & Scanner (ODS) Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe X-ray & Computed Tomography Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe X-ray & Computed Tomography Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Form Measurement Equipment Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Form Measurement Equipment Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 32 Europe Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 33 Europe Quality Control & Inspection Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Quality Control & Inspection Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Reverse Engineering Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Reverse Engineering Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Mapping & Modeling Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Mapping & Modeling Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 41 Europe Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 42 Europe Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 43 Europe Automotive Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe Automotive Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 47 Europe Semiconductor Market by Country, 2018 - 2021, USD Million
TABLE 48 Europe Semiconductor Market by Country, 2022 - 2028, USD Million
TABLE 49 Europe Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 50 Europe Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 51 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 52 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 53 Europe Industrial Metrology Market by Country, 2018 - 2021, USD Million
TABLE 54 Europe Industrial Metrology Market by Country, 2022 - 2028, USD Million
TABLE 55 Germany Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 56 Germany Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 57 Germany Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 58 Germany Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 59 Germany Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 60 Germany Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 61 Germany Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 62 Germany Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 63 Germany Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 64 Germany Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 65 UK Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 66 UK Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 67 UK Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 68 UK Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 69 UK Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 70 UK Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 71 UK Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 72 UK Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 73 UK Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 74 UK Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 75 France Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 76 France Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 77 France Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 78 France Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 79 France Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 80 France Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 81 France Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 82 France Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 83 France Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 84 France Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 85 Russia Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 86 Russia Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 87 Russia Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 88 Russia Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 89 Russia Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 90 Russia Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 91 Russia Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 92 Russia Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 93 Russia Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 94 Russia Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 95 Spain Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 96 Spain Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 97 Spain Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 98 Spain Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 99 Spain Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 100 Spain Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 101 Spain Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 102 Spain Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 103 Spain Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 104 Spain Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 105 Italy Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 106 Italy Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 107 Italy Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 108 Italy Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 109 Italy Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 110 Italy Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 111 Italy Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 112 Italy Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 113 Italy Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 114 Italy Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 115 Rest of Europe Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 116 Rest of Europe Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 117 Rest of Europe Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 118 Rest of Europe Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 119 Rest of Europe Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 120 Rest of Europe Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 121 Rest of Europe Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 122 Rest of Europe Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 123 Rest of Europe Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 124 Rest of Europe Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 125 Key information – Hexagon AB
TABLE 126 Key Information – FARO Technologies, Inc.
TABLE 127 Key Information – Jenoptik AG
TABLE 128 key Information – Renishaw PLC
TABLE 129 key information – Keyence Corporation
TABLE 130 key Information – Carl Zeiss AG
TABLE 131 Key Information – Nikon Corporation
TABLE 132 Key Information – Creaform, inc.
TABLE 133 Key Information – KLA Corporation
TABLE 134 Key Information – Mitutoyo Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2018, Apr – 2022, Sep) Leading Players
FIG 5 Recent strategies and developments: FARO Technologies, Inc.
FIG 6 Recent strategies and developments: Jenoptik AG
FIG 7 SWOT Analysis: Keyence Corporation
FIG 8 Recent strategies and developments: Carl Zeiss AG
FIG 9 Recent strategies and developments: KLA Corporation
FIG 10 Recent strategies and developments: Mitutoyo Corporation