What is the current Industrial Metrology Market size?

The Industrial Metrology Market is projected to register a CAGR of 6% during the forecast period (2024-2029) Read More

Who are the key players in Industrial Metrology Market?

Hexagon AB, Renishaw PLC, FARO Technologies, Nikon Metrology and Carl Zeiss AG are the major companies operating in the Industrial Metrology Market. Read More

Which is the fastest growing region in Industrial Metrology Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Industrial Metrology Market?

In 2024, the North America accounts for the largest market share in Industrial Metrology Market. Read More

What years does this Industrial Metrology Market cover?

The report covers the Industrial Metrology Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Metrology Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Industrial Metrology Market - Size, Share & Growth

Industrial Metrology Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Industrial Metrology Companies and the Market is Segmented by Type (Hardware, Software, Services), Equipment (Coordinate Measuring Machine, Optical Digitizer and Scanner, Measuring Instrument, X-Ray and Computed Tomography, Automated Optical Inspection, 2D Equipment), Application (Reverse Engineering, Quality Control and Inspection, Mapping and Modelling), End User Industry (Aerospace and Defense, Automotive, Manufacturing, Semiconductor), and Geography.

Industrial Metrology Industry Overview

The industrial metrology market is competitive, owing to the presence of many players. The market is moderately concentrated, with the major players applying strategies like product innovations and mergers and acquisitions. Also, companies are involved in several growth and expansion strategies to gain a competitive advantage in the market.

August 2022 - LMI Technologies (LMI), a major developer of 3D scanning and inspection solutions, has announced the official release of its latest Gocator 2600 Series of 4K+ resolution smart 3D laser line profile sensors. These factory pre-calibrated sensors come modified with custom optics and a powerful 9-megapixel imager to deliver 4200 data points per profile for high-resolution 3D scanning and inspection across broad fields of view in applications such as battery inspection, building materials, automotive, rubber and tire production, and general factory automation.
March 2022 - Hexagon AB has announced the acquisition of ETQ, a SaaS-based quality management system (QMS), environment, health and safety software, and compliance management software. The company will operate as part of Hexagon's Manufacturing Intelligence division. ETQ's multitenant QMS software, ETQ Reliance, provides the data backbone for automating the collection and delivery of manufacturing quality control data, nonconformance reports, and customer feedback.