Metrology Services Market Hits Expected to Reach $824.6 Million by 2020: Grand View Research, Inc

The global metrology services market is expected to reach USD 824.6 Million by 2020, according to a new study by Grand View Research, Inc. Increasing demand for high-precision components in key end-use industries such as automotive, electronics and power generation is expected to drive the market over the forecast period. Development of metrology software packages such as Geometric Dimensioning and Tolerancing, Robotic Metrology among others is expected to ease the implementation of metrology services in manufacturing industries. Integration issues, emerging as a result of the lack of a universal system, are expected to pose a challenge to the growth of this market. Additionally, increased bargaining power of buyers may hinder industry growth.

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For the purpose of this study, Grand View Research has segmented the global metrology services market on the basis of product, application and region:

    • Metrology Services Product Outlook (Revenue, USD Million, 2012 – 2020)             • Coordinate Measuring Machines (CMM)                     • Gantry Machines                     • Bridge Machines                     • Articulated Arm Machines                     • Horizontal Arm Machines             • Optical Digitizers and Scanners (ODS)                     • 3D Laser Scanners                     • White Light Scanners                     • Laser trackers     • Metrology Services Application Outlook (Revenue, USD Million, 2012 – 2020)             • Automotive             • Aerospace             • Industrial             • Power Generation             • Others     • Metrology Services Regional Outlook (Revenue, USD Million, 2012 – 2020)             • North America             • Europe             • Asia Pacific             • RoW

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Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/

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