Report Scope & Overview:
Inline Metrology Market Size was valued at USD 0.51 billion in 2022, and is expected to reach USD 1.60 billion by 2030, and grow at a CAGR of 15.2% over the forecast period 2023-2030.
Inline metrology refers to scanning, measuring, and controlling all aspects of a part while it is in motion. It refers to measurements that are reliable, automated, fast, and non-destructive, and are fully integrated into a production line for comprehensive process control. It can be integrated into the systems that transfer data between processing steps. Thus, it is used in reverse engineering, quality control & inspection, and other applications in end uses such as semiconductors, aerospace, automotive, energy & power, medical, and others. Electronic system innovations pave the way for the growth of the inline metrology market.
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MARKET DYNAMICS:
KEY DRIVERS:
Smart 3D sensors are becoming increasingly popular around the world.
Global adoption of smart metrology solutions is increasing.
Rising global spending on automation technology research and development.
RESTRAINTS:
Insufficient expertise to manage inline metrology systems effectively.
High costs for establishing inline metrology facilities.
OPPORTUNITIES:
Automobile manufacturers are increasingly requesting customised solutions.
AI technology is becoming more widely used in the automotive industry.
New business models are continuing to adopt predictive analytics.
CHALLENGES:
scarcity of skilled system integrators.
Advanced inline metrology software solutions' operational complexity.
IMPACT OF COVID-19:
The COVID-19 outbreak has had a significant impact on the global inline metrology market. As workers stayed at home, global factories struggled to manufacture products involving inline metrology, as well as develop or improve current inline metrology processes, disrupting the global supply chain. The impact of COVID-19 on inline metrology market trends is only temporary because only the manufacturing and supply chain is halted. Production, supply chains, and demand for these products will gradually increase as the situation improves. This will allow businesses to consider ways to increase production, research new technologies, and improve existing products.
Based on Product, in the inline metrology market is segmented into Coordinate Measuring Machines, Multisensor Measuring Systems, Optical Scanners, Machine Vision Systems and Laser Trackers. By product, coordinate measuring machines held the largest share of the inline metrology market. The growing use of CMMs in industries such as automotive, aerospace, semiconductor, energy & power, and heavy machinery to ensure high product quality is a major factor driving the growth of the CMM market. CMMs offer high-precision models and measurements of tiny/fine machine parts. CMMs have several advantages over traditional gauging methods, including increased flexibility, reduced setup time, improved accuracy, and increased productivity.
Based on offering, in the inline metrology market is segmented into Hardware, Software and Services. During the forecast period, demand for inline metrology services is expected to grow at the fastest CAGR. The high cost of establishing an inline metrology facility, as well as the scarcity of inline metrology experts, are major factors driving the growth of the market for inline metrology services. Manufacturing companies are outsourcing their inline measurement, scanning, and control processes to service providers in order to achieve measurement readings in record time, reduce measurement uncertainty, and ensure process stability, thereby fueling the growth of the inline metrology services market.
Based on application, in the inline metrology market is segmented into Reverse Engineering, Quality Control and Inspection and Others. Based on industry, in the inline metrology market is segmented into Automotive, Aerospace, Energy & Power, Semiconductors and Others.
MARKET SEGMENTATION:
BY PRODUCT
Coordinate Measuring Machines
Multisensor Measuring Systems
Optical Scanners
Machine Vision Systems
Laser Trackers
BY OFFERING
Hardware
Software
Services
BY APPLICATION
Reverse Engineering
Quality Control and Inspection
Others
BY INDUSTRY
Automotive
Aerospace
Energy & Power
Semiconductors
Others
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REGIONAL ANALYSIS:
North America now dominates the global market and is expected to do so in the foreseeable future. The Asia-Pacific region, on the other hand, is expected to grow at the fastest rate during the forecast period. The growing use of AI and IoT technologies, as well as the increasing integration of automation in industrial facilities, are expected to drive the market in this region.
APAC is expected to have the largest market share in terms of value due to the significant economic growth seen by major nations in the region, such as China and India. Inline metrology systems are used for quality control inspections in the region's automobile and electronics manufacturing industries. As a result of the presence of various Inline Metrology Market Key Players, inline metrology solutions are expected to be in high demand in this region.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
COMPETITIVE LANDSCAPE:
The key players in the inline metrology market are Hexagon, Faro Technologies, Carl Zeiss, Jenoptik, LMI Technologies, AMETEK, ABB Ltd, Nikon Metrology, KLA Corporation, Renishaw, Mitutoyo Corporation, Perceptron & Other Players
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 0.51 Billion |
| Market Size by 2030 | US$ 1.60 Billion |
| CAGR | CAGR of 15.2% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Coordinate Measuring Machines, Multisensor Measuring Systems, Optical Scanners, Machine Vision Systems, Laser Trackers) • By Offering (Hardware, Software, Services) By Application (Reverse Engineering, Quality Control And Inspection, Others) • By Industry (Automotive, Aerospace, Energy & Power, Semiconductors, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Hexagon, Faro Technologies, Carl Zeiss, Jenoptik, LMI Technologies, AMETEK, ABB Ltd, Nikon Metrology, KLA Corporation, Renishaw, Mitutoyo Corporation and Perceptron. |
| Key Drivers | • Smart 3D sensors are becoming increasingly popular around the world. • Global adoption of smart metrology solutions is increasing. |
| RESTRAINTS | • Insufficient expertise to manage inline metrology systems effectively. • High costs for establishing inline metrology facilities. |
The market value is expected to reach USD 1.60 billion by 2030.
The key players in the inline metrology market are Hexagon, Faro Technologies, Carl Zeiss, Jenoptik, LMI Technologies, AMETEK, ABB Ltd, Nikon Metrology, KLA Corporation, Renishaw, Mitutoyo Corporation and Perceptron.
Smart 3D sensors are becoming increasingly popular around the world, Global adoption of smart metrology solutions is increasing and Rising global spending on automation technology research and development.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Inline Metrology Market Segmentation, by Product
8.1Introduction
8.2 Coordinate Measuring Machines
8.3 Multisensor Measuring Systems
8.4 Optical Scanners
8.5 Machine Vision Systems
8.6 Laser Trackers
9. Inline Metrology Market Segmentation, by Offering
9.1Introduction
9.2 Hardware
9.3 Software
9.4 Services
10. Inline Metrology Market Segmentation, by Application
10.1 Introduction
10.2 Reverse Engineering
10.3 Quality Control and Inspection
10.4 Others
11. Inline Metrology Market Segmentation, by industry
11.1 Introduction
11.2 Automotive
11.3 Aerospace
11.4 Energy & Power
11.5 Semiconductors
11.6 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13.Company Profiles
13.1 ABB Ltd
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Hexagon
13.3 Faro Technologies
13.4 Carl Zeiss
13.5 Jenoptik
13.6 LMI Technologies
13.7 AMETEK
13.8 Nikon Metrology
13.9 KLA Corporation
13.10 Renishaw
13.11 Mitutoyo Corporation
13.12 Perceptron
14.Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15.Conclusion
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