Analysis of the Global Metrology Services Market - new market research report published

(live-PR.com) - In today´s trying financial circumstances, consumers have adopted a conservative approach toward investing in capital equipment. Although dimensional metrology equipment is still considered crucial in ensuring manufacturing precision and accuracy, the high cost of such equipment has resulted in a steady shift toward outsourcing of metrology services. Considering the complexity of today´s manufactured parts, in most cases multiple technologies are

 

required to ensure accurate 3D measurement. In such cases, the monetary benefits of metrology services are considerable, resulting in robust development of this market going forward.The global market for metrology services was valued at $xxx.x million in 2011, witnessing a growth of x.x percent in the base year. The optical digitizers and scanners services segment is the fastest growing, with increasing demand for services using products such as laser trackers and structured light scanners. Industrial manufacturing, automotive, and power generation are the key vertical markets for metrology services.From a geographical perspective, the North American, European, and Asia-Pacific regions have almost equal market shares, with minor variations for different product segments. This is a highly fragmented market wherein every region has a major participant and all of the major participants have similar revenue. Given the global economic scenario, the market is expected to witness healthy growth of x.x percent throughout the forecast period.

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