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Global Industrial Metrology Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Industrial Metrology Market value is expected to reach $17.3 billion growing at a CAGR of 8.1% during 2022-2028.Industrial metrology is a method of scientific measurement used in the industrial sector to create precise and high-quality components. It is a set of processes, techniques and advanced equipment to measure manufacturing and other processes. A quality control procedure is a component of industrial metrology technology. The metrology concept is utilized to qualify, verify and validate test data. It is usually carried to understand the calibre and quality control in these processes. It saves on an average of 15% costs in manufacturing.
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By geography, Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the high economic growth. This region has major key players in the market. Most of the automobile and electronics manufacturers here use industrial metrology systems during the production process for quality inspections. As the number of automobile industries is more in this region, the demand for industrial metrology market is witnessing lucrative growth.
Some of the key players profiled in the Industrial Metrology Market include Nikon Metrology, FARO Technologies, Hexagon AB, Jenoptik AG, Renishaw PLC, Perceptron, Automated Precision Inc, Carl Zeiss AG, KLA Corporation, Applied Materials Inc, Creaform, KEYENCE, Mitutoyo Corporation, Applied Materials Inc, GOM Technologies, Pollen Metrology, LMI Technologies, JLM Advanced Technical Services and Danish Micro Engineering AS.
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Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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