Industrial Metrology Market

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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This study intends to unfurl the multiple facets of global industrial metrology market. The insights offered in the report aid in market growth examination during the forecast period.

Rise in Industrial, and Power Generation Applications Fuels Industrial Metrology Market Growth

The global industrial metrology market has experienced rapid expansion in recent years, mostly due to expanding interest in big data analytics and rising automotive sales in developing nations. The growing demand for industrial metrology in the future from the electric vehicle industry and the awareness of this demand in the automotive industry contribute to the market expansion. Up to 6.75 million vehicles were sold in 2021, doubling the market. In 2021, more electric vehicles were sold in a single week than were in all of 2012. The expansion is anticipated to be aided by rising demand from industrial and power generation applications. Technological advancements and rising finished product demand are expected to enhance growth.

The aerospace, defense, semiconductor, automotive, and manufacturing sectors use industrial metrology extensively. Manufacturers are setting up the metrology facilities, or they may contract them out, to integrate metrology into the production process chains and product development. Additionally, industry 4.0 deployment and increased R&D spending by producers of metrology equipment are anticipated to impact market growth. The adoption of industry 4.0 significantly influences the development of the services segment in the metrology market. Industry 4.0 puts a lot of emphasis on digitizing physical assets and integrating them into digital ecosystems with various value chain participants. Expansion of industrial metrology market has also been fueled by significant advancements in portable metrology equipment and software-driven process automation.

R&D and developments in 3D metrology have been considered throughout time. The market expansion depends heavily on technological research and development. Recent years have seen several improvements in engine technology due to consumer preferences for safety, strict government requirements, and scientific developments. Key players in industrial metrology market are trying to increase engine design R&D to improve engine performance, combustion efficiency, and pollution reduction. The market experienced rapid expansion due to the introduction of 3D measuring solutions, portable CMM, robot-mounted optical CMM scanners, cloud-based software application platforms, and dimensional metrology services. For example, in October 2021, ZEISS confirmed the purchase of Capture 3D, a leading provider of GOM 3D non-contact measuring systems based in the United States. Capture 3D provides 3D measurement solutions to customers to enhance their product design, manufacturing, quality control, and production processes.

Industrial Metrology Market: COVID-19 Impact

The COVID-19 epidemic has disrupted supply chains, constrained them, and impacted the industrial metrology market. This has slowed the expansion of the manufacturing sector since a few months ago, and it will probably do so into 2021. In the first quarter of 2021, COVID-19 already impacted the manufacturing market revenue, and it is expected to continue to do so throughout the year. Before the coronavirus's widespread impact, which has decreased demand for industrial metrology, the U.S., Germany, Italy, the United Kingdom, and China were among the key manufacturing nations with high industrial metrology demand. Additionally, it is yet unclear what the lockdown's possible effects would be, and businesses' ability to recover financially depends on their cash reserves. For instance, several market participants temporarily stopped their output to cut costs. A few players also implemented employee layoffs to survive the COVID-19 health issue.

Rapid Uptake of Hybrid and Electric Cars to Support Industrial Metrology Market Growth

Electric vehicles (EVs) are becoming popular on the road, and almost all auto manufacturers have announced intentions for EVs to eventually dominate their product lineup. As the switch from internal combustion (IC) to electric proceeds, the number of drivetrain parts will substantially decline. And the remaining components, which are present in all types of vehicles, will have a greater impact on the performance and durability of the vehicle. Industrial metrology solutions are mostly used in electric vehicle batteries, fuel cell systems, power electronics, and electric motors. In 2021, China had a nearly threefold increase in electric car sales, reaching 3.3 million units, or about half of the global total. Sales rose sharply in the United States, and Europe (65% to 2.3 million) (more than doubling to 6,30,000). Demand for industrial metrology products is thus driven by growth in EVs.

Growing Interest in Industry 4.0 to Drive Industrial Metrology Market

Industry 4.0, also known as the smart factory, is a new stage in the industrial revolution that connects information technology, the manufacturing sector, and other related operations. It is being implemented in industrial facilities to increase productivity by maximizing asset usage, reducing downtime, and improving labor efficiency. From the R&D to the end-user stage, this is anticipated to improve operations at every value chain level. The development of intelligent industries has increased the demand for metrology equipment. Additionally, in-line inspection systems are currently connected with production plant robots for real-time measurement data analysis. As a result, less laborious measuring is required in the measuring room, and regular quality checks are also possible. Automation and in-line metrology are fueled by the Industrial Internet of Things (IIoT). As a result, the industrial metrology market is anticipated to expand over the forecast period.

Difficult Procedure of Integration to Restrict Industrial Metrology Market Growth

At the sensor level, interfaces between mechanical, electrical, and information technologies are essential. Depending on the various measuring methods used, the interfaces vary greatly. They can only be standardized to a limited degree as a result. An existing manufacturing facility's operating procedures and production systems are challenging to alter. The processing and transport of data are two additional key barriers to the adoption of in-process measurement. The adoption of integrated metrology is usually hampered by the vast amount of data that can be produced by high-resolution fast sensing technologies and the accompanying challenges with handling big data.

With Increased Accuracy, Optical Digitizer & Scanner (ODS) Will Dominate Industrial Metrology Market

The optical digitizer and scanner (ODS) subsegment of global industrial metrology market is anticipated to grow at the fastest rate. Optical scanners and digitizers are non-contact metrology equipment that employs a scanning method based on white light or a laser. The coordinate points of an item are obtained and then reconstructed into a picture using the software. Typical optical scanners and digitizer applications include inspection, reverse engineering, and dimensional measurements. These technologies are more accurate and reliable when measuring intricate and elusive features. Innovations in probe technology, precision, integration techniques, and software in producing high-tech optical digitizers and scanners drive the worldwide optical digitizer & scanner market. Some new uses for optical digitizers include forensics, heritage restoration, law & investigation, medical, 3D printing, and 3D surveying. The industrial metrology market is gaining from this expanding use of optical digitizers.

Automotive Sector Top End User in Industrial Metrology Market Owing to Advent of Electric Vehicles

The industrial metrology market was led by the automotive sector, and it is projected that this trend will persist over the projection period. Automotive makers use 3D technologies and optical inspection methods more and more. As automated facilities quickly replace manual ones, the automotive industry is anticipated to undergo significant change during the projection period. Major development is anticipated to be driven by the demand for highly dependable and high-quality procedures and the expanding popularity of electric vehicles. The auto industry benefits enormously from 3D measuring technologies since production teams may scan a part or sub-assembly in real-time and obtain a precise picture of the underlying cause of quality concerns. The preference for near-line or in-line measuring techniques over off-line quality inspection leads to increased sample rates and quicker inspection periods in the automobile industry, fueling market expansion.

Asia Pacific to Contribute a Major Share to Industrial Metrology Market, Favorable Government Initiatives Instrumental

The industrial metrology market is anticipated to dominate the Asia Pacific region throughout the projected period. The region's expanding industrial and automotive industries are credited with driving growth in the Asia Pacific. Additionally, regional businesses' ongoing technical developments accelerate the market expansion. Moreover, significant government investment in R&D from several Asia Pacific nations and sizable industrial bases are the main drivers of the market here. The main nations boosting the market expansion in the area are China, South Korea, and Japan. For instance, in August 2021, Hexagon collaborated with India's Central Manufacturing Technology Institute (CMTI) to build an Industry 4.0 Center of Excellence and Experience Center called the Smart Manufacturing Development and Demonstration Cell (SMDDC) on the CMTI's Bengaluru, India, grounds. Furthermore, certain government agencies are launching programs, like the Make in India campaign in India, which is anticipated to propel the market development in the area.

North America has the second spot in terms of market value for industrial metrology. Massive technical advancements and automation in the region's manufacturing industries are driving the industry. The United States dominates the region's metrology industry, which is dominated by companies that produce equipment for the pharmaceutical, automobile, and aerospace industries. Faster automation of automotive production facilities also creates a sizable demand in the market. Additionally, the robust manufacturing industry in the area's high demand for metrological technologies justifies the size of the industrial metrology market. With the use of cutting-edge technologies in aerospace and military as well as in the manufacturing sector in the U.S. and Canada, the U.S. market in North America is estimated to grow considerably over the forecast period.

Global Industrial Metrology Market: Competitive Landscape

In August 2022, LMI Technologies (LMI), a leading 3D scanning and inspection system provider, announced the official launch of its new Gocator 2600 Series of 4K+ resolution smart 3D laser line profile sensors. These factory-calibrated sensors feature custom optics and a powerful 9-megapixel imager to deliver 4200 data points per profile for high-resolution 3D scanning and inspection across wide fields of view in applications such as battery inspection, building materials, automotive, rubber and tire production, and general factory automation. In March 2022, Hexagon's Manufacturing Intelligence division announced the release of the HxGN NC Server. This new machine tool software interface enables users to operate directly on machine tools with the premier measuring program PC-DMIS. The solution improves accessibility and interoperability with various data gathering and analysis methods often used in manufacturing applications, resulting in a wide range of productivity benefits.

A few of the players in the industrial metrology market include Hexagon, Carl Zeiss, Nikon, KEYENCE, FARO Technologies, Jenoptik, Creaform, KLA Corporation, Renishaw, and Mitutoyo Corporation.

Regional Classification of Global Industrial Metrology Market Can be Given as Below:

North America

  • U.S.
  • Canada


  • Germany
  • France
  • Spain
  • U.K.
  • Italy
  • Russia
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East and Africa

  • GCC
  • South Africa
  • Rest of Middle East and Africa

*Regions and countries are subject to change based on data availability.

Key Elements Included In The Study: Global Industrial Metrology Market

  • Industrial Metrology Market by Product/Technology/Grade, Application/End-user, and Region
  • Executive Summary (Opportunity Analysis and Key Trends)
  • Historical Market Size and Estimates, Value, 2019 - 2022
  • Market Value at Regional and Country Level, 2023 - 2030
  • Market Dynamics and Economic Overview
  • Market Size in Value, Growth Rates, and Forecast Figures, 2023 - 2030
  • Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies 
  • Regional and Product/Grade/Application/End-user Price Trends Analysis
  • Value Chain and Five Force’s Analysis
  • Regional/Sub-region/Country Market Size and Trend Analysis
  • Company Market Share Analysis and Key Player Profiles

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