The Latin America, Middle East and Africa Industrial Metrology Market would witness market growth of 9.4% CAGR during the forecast period (2022-2028).
There is a rising demand for industrial metrology in the defense industry, aerospace industry, and construction industry. Recognition in the automotive sector, which has a high need for dependable and high-quality procedures, as well as the estimated increase in the necessity for industrial metrology in the automotive manufacturing industry, all contribute to the increased use of methodically precise equipment manufacturing. These breakthroughs can generate huge market potential. Government initiatives on smart cities also contribute to the expansion of the industrial metrology market.
As quality requirements have elevated, the naked eye has become incapable of assessing tolerances with the accuracy required to make the finest grade components. In industries where micron-level precision is necessary, such as the medical, aerospace, and electronics sectors, metrology technology such as Coordinate Measuring Machines (CMM) has been employed to perform exceedingly precise measurements.
Mining is a prominent industry in the LAMEA region. Mining operations present difficult circumstances for the majority of those in the precision measurement profession. The amount that can be covered using the older, more conventional mechanical procedures is constrained, and they depend largely on the operator's skill level. A laser tracker is used for inspecting, aligning, and rebuilding conveyor idlers, pulleys, and bearings, among other mining uses. The increasing adoption of metrology methods to streamline processing and hence increase revenue output has facilitated the growth of the industrial metrology market in the coming years.
The Brazil market dominated the LAMEA Industrial Metrology Market by Country in 2021; thereby, achieving a market value of $293.8 million by 2028. The Argentina market is showcasing a CAGR of 10% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 9.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Industrial Metrology Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 2 LAMEA 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 LAMEA Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 8 LAMEA Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 9 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 16 LAMEA Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 17 LAMEA Coordinate Measuring Machine (CMM) Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Coordinate Measuring Machine (CMM) Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Automated Optical Inspection Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Automated Optical Inspection Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Measuring Instruments Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Measuring Instruments Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Optical Digitizer & Scanner (ODS) Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Optical Digitizer & Scanner (ODS) Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA X-ray & Computed Tomography Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA X-ray & Computed Tomography Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Form Measurement Equipment Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Form Measurement Equipment Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 32 LAMEA Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 33 LAMEA Quality Control & Inspection Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Quality Control & Inspection Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Reverse Engineering Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Reverse Engineering Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Mapping & Modeling Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Mapping & Modeling Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 42 LAMEA Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 43 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 47 LAMEA Semiconductor Market by Country, 2018 - 2021, USD Million
TABLE 48 LAMEA Semiconductor Market by Country, 2022 - 2028, USD Million
TABLE 49 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 50 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 51 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 52 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 53 LAMEA Industrial Metrology Market by Country, 2018 - 2021, USD Million
TABLE 54 LAMEA Industrial Metrology Market by Country, 2022 - 2028, USD Million
TABLE 55 Brazil Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 56 Brazil Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 57 Brazil Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 58 Brazil Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 59 Brazil Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 60 Brazil Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 61 Brazil Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 62 Brazil Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 63 Brazil Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 64 Brazil Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 65 Argentina Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 66 Argentina Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 67 Argentina Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 68 Argentina Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 69 Argentina Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 70 Argentina Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 71 Argentina Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 72 Argentina Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 73 Argentina Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 74 Argentina Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 75 UAE Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 76 UAE Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 77 UAE Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 78 UAE Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 79 UAE Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 80 UAE Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 81 UAE Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 82 UAE Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 83 UAE Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 84 UAE Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 85 Saudi Arabia Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 86 Saudi Arabia Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 87 Saudi Arabia Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 88 Saudi Arabia Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 89 Saudi Arabia Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 90 Saudi Arabia Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 91 Saudi Arabia Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 92 Saudi Arabia Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 93 Saudi Arabia Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 94 Saudi Arabia Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 95 South Africa Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 96 South Africa Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 97 South Africa Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 98 South Africa Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 99 South Africa Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 100 South Africa Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 101 South Africa Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 102 South Africa Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 103 South Africa Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 104 South Africa Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 105 Nigeria Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 106 Nigeria Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 107 Nigeria Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 108 Nigeria Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 109 Nigeria Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 110 Nigeria Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 111 Nigeria Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 112 Nigeria Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 113 Nigeria Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 114 Nigeria Industrial Metrology Market by End-User, 2022 - 2028, USD Million
TABLE 115 Rest of LAMEA Industrial Metrology Market, 2018 - 2021, USD Million
TABLE 116 Rest of LAMEA Industrial Metrology Market, 2022 - 2028, USD Million
TABLE 117 Rest of LAMEA Industrial Metrology Market by Offering, 2018 - 2021, USD Million
TABLE 118 Rest of LAMEA Industrial Metrology Market by Offering, 2022 - 2028, USD Million
TABLE 119 Rest of LAMEA Industrial Metrology Market by Equipment, 2018 - 2021, USD Million
TABLE 120 Rest of LAMEA Industrial Metrology Market by Equipment, 2022 - 2028, USD Million
TABLE 121 Rest of LAMEA Industrial Metrology Market by Application, 2018 - 2021, USD Million
TABLE 122 Rest of LAMEA Industrial Metrology Market by Application, 2022 - 2028, USD Million
TABLE 123 Rest of LAMEA Industrial Metrology Market by End-User, 2018 - 2021, USD Million
TABLE 124 Rest of LAMEA 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