The Global Metrology Services Market is Predict to reach $1 Billion by 2028, at a CAGR of 6.1%

31-Oct-2022 | Report Format: Electronic (PDF)

Metrology Services Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Metrology Services Market size is expected to reach $1 billion by 2028, rising at a market growth of 6.1% CAGR during the forecast period.

The Industrial segment is leading the Global Metrology Services Market by Application in 2021 thereby, achieving a market value of $2.7 billion by 2028. The company willingly uses industrial metrology to vouch for the authenticity and conformance of its manufacturing. This strategy complies with international standards and enables the business to certify its expertise or the caliber of its goods. Industrial metrology is one step in the quality assurance process.

The CMM segment has shown the growth rate of 7.3% during (2022 - 2028). This category is anticipated to be primarily driven by the CMM's capacity to offer surface, positional, and dimensional measurements in a single system. A precise measurement of an object is also made possible by CMM for testing, assembling, designing, reverse engineering, and profiling of parts.

The North America market dominated the Global Metrology Services Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3.5 billion by 2028. The Europe market is experiencing a CAGR of 5.7% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 6.5% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/metrology-services-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Atos Group, Automation Anywhere, Inc., Blue Prism Group PLC (SS&C Technologies Holdings, Inc.), Cognizant Technology Solutions Corporation, Genpact Limited, Infosys Limited, IPsoft, Inc., Kofax, Inc. (Thoma Bravo LLC), Be Informed BV, and Cicero, Inc.(Alvaria, Inc.)

Global Metrology Services Market Segmentation

By Application

  • Industrial
  • Automotive
  • Aerospace
  • Power Generation
  • Others

By Product

  • ODS
    • 3D Laser Scanners
    • Laser Trackers
    • White Light Scanners
  • CMM
    • Gantry Machines
    • Bridge Machines
    • Horizontal Arm Machines
    • Articulated Arm Machines

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Atos Group
  • Automation Anywhere, Inc.
  • Blue Prism Group PLC (SS&C Technologies Holdings, Inc.)
  • Cognizant Technology Solutions Corporation
  • Genpact Limited
  • Infosys Limited
  • IPsoft, Inc.
  • Kofax, Inc. (Thoma Bravo LLC)
  • Be Informed BV
  • Cicero, Inc.(Alvaria, Inc.)

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