Dublin, Dec. 21, 2018 (GLOBE NEWSWIRE) -- The "Industrial Metrology Market - Forecasts From 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

The industrial metrology market is projected to grow at a CAGR of 5.64% to reach US$12.863 billion by 2023, from US$9.256 billion in 2017.

The use of industrial metrology solutions is increasing on account of its ability to significantly reduce the duration of inspection as compared to the conventional methods, allowing the manufacturers in different industry verticals to optimize the production cost.

Simultaneously, the use of industrial metrology solutions tends to significantly improve the accuracy of the test result which is further supplementing the growth of the market.

Moreover, the growing global concerns regarding the efficient use of energy is leading to the firms in the automotive and aerospace and defense industry to utilize lightweight material in the production of vehicle and aircraft respectively that are required to be comprehensively tested, thus fueling the growth of the market.

Major industry players profiled as part of the report are Hexagon AB, Nikon Corporation, Renishaw Plc, and FARO Technologies, Inc. among others.

Key Topics Covered

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

5. INDUSTRIAL METROLOGY MARKET BY OFFERING
5.1. Hardware
5.2. Software
5.3. Service

6. INDUSTRIAL METROLOGY MARKET BY PRODUCT
6.1. Optical Digitalizer and Scanner
6.2. Coordinate Measuring Machine
6.3. Video Measuring Machine
6.4. X-Ray and Computed Tomography
6.5. Automated Optical Inspection
6.6. 2D products

7. INDUSTRIAL METROLOGY MARKET BY INDUSTRY VERTICAL
7.1. Automotive
7.2. Aerospace and Defense
7.3. Healthcare
7.4. Construction
7.5. Energy and Power
7.6. Consumer Electronics
7.7. Others

8. INDUSTRIAL METROLOGY MARKET BY GEOGRAPHY

9. COMPETITIVE INTELLIGENCE
9.1. Market Share Analysis
9.2. Recent Investment and Deals
9.3. Strategies of Key Players

10. COMPANY PROFILES
10.1. Hexagon AB
10.2. Nikon Corporation
10.3. Renishaw PLC
10.4. FARO Technologies Inc.
10.5. Carl Zeiss AG
10.6. Applied Materials Inc.
10.7. TriMet
10.8. GOM GmbH
10.9. Ametek Inc.
10.10. Jenoptik AG

For more information about this report visit https://www.researchandmarkets.com/research/cbtx2p/worldwide?w=12

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Related Topics: Engineering