Analysis of European Dimensional Metrology Equipment Market, Forecast to 2022
LONDON, July 25, 2018 /PRNewswire/ -- Internet of Things and Advancements in Technical Capabilities will Open a Plethora of Opportunities for Inline as well as Portable/Handheld Metrology in the Future
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Traditionally, dimensional metrology was viewed as just another measurement inspection activity in manufacturing.However, with advances in technology and with the evolution of smart factory, the past decade has seen a drastic revolution in dimensional metrology equipment.
Different categories within the dimensional metrology equipment market are Coordinate Measuring Machines (CMM), Optical Digitizers & Scanners (ODS), Vision Measuring Machines (VMM), Form Measuring Machines (FMM), Measurement Gages (MG) and Calipers & Micrometres (C&M).End users in this competitive market demand advanced metrology services in order to minimize errors and improve product quality and lifecycle.
Hence, dimensional measuring techniques are becoming more sophisticated. Additionally, manufacturers in the end-user industries such as automotive and aerospace demand stringent quality inspections and have incorporated dimensional metrology equipment as a key enabler for improved productivity.
This research aims to identify the various drivers and restraints impacting the European Dimensional Metrology Market.The report also provides information on key end users like automotive, aerospace, heavy machinery, and metal fabrication, and discusses opportunities for metrology equipment in these industries.
Growing interest in industrial Internet of things (IIoT) and superior quality inspections are driving the adoption of dimensional metrology devices across industries.This study also discusses the Mega Trends that highlights the impact of selected criteria on the market over a long term.
Growth opportunities and actions to capitalize on them have also been included in the study.
Companies such as Hexagon Manufacturing Intelligence, Carl Zeiss and Mitutoyo Corporation dominate the European market for dimensional metrology.Their strong position in the market is attributed to diverse product portfolios, robust distribution network, and diverse application coverage.
CMM and C&M are the traditional metrology equipment.CMMs are being adopted across all stages of production including design, testing, and development and reverse engineering.
C&M, on the other hand, is a mature market with the equipment being one of the standard methods for precision measurement.Other metrology equipment such as bridge-type CMMs and FMM are expected to grow moderately over the forecast period.
In addition to these systems, portable equipment, optical scanners, articulate arm and inline metrology systems are expected to gain tremendous momentum in the near future.
Key Issues Addressed
• Is the European Dimensional Metrology market growing, how long will it continue to grow, and at what rate?
• Who are the top competitors in the European market? Are the existing competitors structured correctly to meet customer needs?
• What are the key trends and how do they impact the European market?
• How will the structure of the market change with time?
• What are the key growth opportunities for the market participants and how can they be addressed?
• Which end-user industries offer high growth potential?
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