The Asia Pacific Industrial Metrology Market would witness market growth of 6.6% CAGR during the forecast period (2022-2028).
In the manufacturing sector, the overall volume of data collected has expanded dramatically with the addition of each new dimension. Each manufacturing unit of the largest sectors is routinely equipped with more than a hundred measuring devices and recognizes and collects over a hundred inputs. Also, in the metrology sector, the demand for large-scale data analytics is soaring. Consistent measuring of the many components and parts provides a massive volume of data sets.
The examination of this enormous volume of acquired data is meaningless if it contains incorrect information that is incapable of aiding in the comprehension of a complex reality. Numerous organizations have also begun evaluating production data with the aid of advanced analytic tools, which may improve several crucial manufacturing activities, including equipment availability, yield, throughput, and operating expenses. The analysis of big data enables firms to make faster, more informed decisions.
The exponential expansion of cloud services offers manufacturing sectors numerous opportunities to automate the production process. Cloud computing is proving to be a tremendously advantageous item for enterprises of nearly all sizes. In addition, these manufacturing sectors are rapidly embracing smart industry for the majority of their activities. Consequently, the implementation of cloud services for the storage and analysis of metrology data aids manufacturing organizations in their R&D and product analysis endeavours. In addition, it assists businesses in supplying a variety of connected software services to their customers.
The requirement for industrial metrology services in Asia-Pacific region is also increasing because of the growth in the power generation. Numerous applications of metrology, such as horizontal machine bearing, turbines, main shaft, tops-off alignment, casting, scroll case geometry, and assembly, are employed in various power generation processes. Key leaders in the region stressed the government's involvement in raising quality control standards in industries during the Metrology Conclave in India. Similar efforts are seen throughout the region which have made standardization an important aspect of business growth. Consequently, it has propelled the development of the industrial metrology market in the region.
The China market dominated the Asia Pacific Industrial Metrology Market by Country in 2021; thereby, achieving a market value of $1,259.6 million by 2028. The Japan market is registering a CAGR of 5.9% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 7.2% during (2022 - 2028).
Based on Offering, the market is segmented into Hardware, Software, and Services. Based on Equipment, the market is segmented into Coordinate Measuring Machine (CMM), Automated Optical Inspection, Measuring Instruments, Optical Digitizer & Scanner (ODS), X-ray & Computed Tomography, Form Measurement Equipment, and Others. Based on Application, the market is segmented into Quality Control & Inspection, Reverse Engineering, Mapping & Modeling, and Others. Based on End-User, the market is segmented into Automotive, Aerospace & Defense, Semiconductor, Manufacturing, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Industrial Metrology Market is Projected to reach USD 15.2 Billion by 2028, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hexagon AB, Nikon Corporation, FARO Technologies, Inc., Carl Zeiss AG, Jenoptik AG, Keyence Corporation, Creaform, Inc. (AMETEK, Inc.), Renishaw PLC, Mitutoyo Corporation and KLA Corporation
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Hardware
- Software
- Services
By Equipment
- Coordinate Measuring Machine (CMM)
- Automated Optical Inspection
- Measuring Instruments
- Optical Digitizer & Scanner (ODS)
- X-ray & Computed Tomography
- Form Measurement Equipment
- Others
By Application
- Quality Control & Inspection
- Reverse Engineering
- Mapping & Modeling
- Others
By End User
- Automotive
- Aerospace & Defense
- Semiconductor
- Manufacturing
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Hexagon AB
- Nikon Corporation
- FARO Technologies, Inc.
- Carl Zeiss AG
- Jenoptik AG
- Keyence Corporation
- Creaform, Inc. (AMETEK, Inc.)
- Renishaw PLC
- Mitutoyo Corporation
- KLA Corporation
TABLE 1 Asia Pacific Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Industrial Metrology Market
TABLE 4 Product Launches And Product Expansions – Industrial Metrology Market
TABLE 5 Acquisition and Mergers – Industrial Metrology Market
TABLE 6 Geographical Expansions – Industrial Metrology Market
TABLE 7 Asia Pacific Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Hardware Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Hardware Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Software Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Software Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Coordinate Measuring Machine (CMM) Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Coordinate Measuring Machine (CMM) Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Automated Optical Inspection Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Automated Optical Inspection Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Measuring Instruments Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Measuring Instruments Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Optical Digitizer & Scanner (ODS) Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Optical Digitizer & Scanner (ODS) Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific X-ray & Computed Tomography Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific X-ray & Computed Tomography Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Form Measurement Equipment Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Form Measurement Equipment Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Quality Control & Inspection Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Quality Control & Inspection Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Reverse Engineering Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Reverse Engineering Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Mapping & Modeling Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Mapping & Modeling Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 47 Asia Pacific Semiconductor Market by Country, 2018 - 2021, USD Million
TABLE 48 Asia Pacific Semiconductor Market by Country, 2022 - 2028, USD Million
TABLE 49 Asia Pacific Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 50 Asia Pacific Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 51 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 52 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 53 Asia Pacific Industrial Metrology Market by Country, 2018 - 2021, USD Million
TABLE 54 Asia Pacific Industrial Metrology Market by Country, 2022 - 2028, USD Million
TABLE 55 China Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 56 China Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 57 China Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 58 China Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 59 China Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 60 China Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 61 China Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 62 China Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 63 China Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 64 China Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 65 Japan Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 66 Japan Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 67 Japan Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 68 Japan Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 69 Japan Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 70 Japan Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 71 Japan Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 72 Japan Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 73 Japan Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 74 Japan Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 75 India Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 76 India Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 77 India Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 78 India Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 79 India Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 80 India Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 81 India Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 82 India Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 83 India Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 84 India Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 85 South Korea Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 86 South Korea Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 87 South Korea Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 88 South Korea Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 89 South Korea Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 90 South Korea Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 91 South Korea Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 92 South Korea Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 93 South Korea Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 94 South Korea Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 95 Singapore Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 96 Singapore Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 97 Singapore Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 98 Singapore Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 99 Singapore Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 100 Singapore Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 101 Singapore Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 102 Singapore Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 103 Singapore Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 104 Singapore Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 105 Malaysia Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 106 Malaysia Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 107 Malaysia Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 108 Malaysia Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 109 Malaysia Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 110 Malaysia Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 111 Malaysia Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 112 Malaysia Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 113 Malaysia Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 114 Malaysia Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 115 Rest of Asia Pacific Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 116 Rest of Asia Pacific Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 117 Rest of Asia Pacific Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 118 Rest of Asia Pacific Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 119 Rest of Asia Pacific Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 120 Rest of Asia Pacific Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 121 Rest of Asia Pacific Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 122 Rest of Asia Pacific Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 123 Rest of Asia Pacific Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 124 Rest of Asia Pacific Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 125 Key information – Hexagon AB
TABLE 126 Key Information – FARO Technologies, Inc.
TABLE 127 Key Information – Jenoptik AG
TABLE 128 key Information – Renishaw PLC
TABLE 129 key information – Keyence Corporation
TABLE 130 key Information – Carl Zeiss AG
TABLE 131 Key Information – Nikon Corporation
TABLE 132 Key Information – Creaform, inc.
TABLE 133 Key Information – KLA Corporation
TABLE 134 Key Information – Mitutoyo Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2018, Apr – 2022, Sep) Leading Players
FIG 5 Recent strategies and developments: FARO Technologies, Inc.
FIG 6 Recent strategies and developments: Jenoptik AG
FIG 7 SWOT Analysis: Keyence Corporation
FIG 8 Recent strategies and developments: Carl Zeiss AG
FIG 9 Recent strategies and developments: KLA Corporation
FIG 10 Recent strategies and developments: Mitutoyo Corporation