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22.04.2017 00:15:00

Global Articulated Arm Machine Market, 2023: Growing Demand for Portable Metrology Solutions - Research and Markets

DUBLIN, Apr. 21, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Articulated Arm Machine Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2014 to 2023" report to their offering.

The global metrology services market is expected to expand at a CAGR of 7.9% from 2016 to 2023, exceeding US$ 985.0 Mn by 2023.

In simpler terms, metrology is a field of science concerned with both practical and theoretical aspects of measurement. Metrology solutions enable manufacturers to enhance and improve their manufacturing processes by allowing detailed inspection and measurements of every element involved. The rising trend towards precise engineering and complete automation in manufacturing units has been a massive boost to the market growth.

The top four players account for the lions share in the global metrology service market. Hexagon AB, Carl Zeiss AG, Renishaw Plc., and Mitutoyo Corporation are identified as the leading metrology services providers worldwide.

Other players including Nikon Metrology Inc., Danish Micro Engineering A/S, Optical Gaging Products Inc., Trescal SA, Optical Metrological Services, Faro Technologies, Inc., Perceptron, Inc., and GE Measurement & Control Solutions Inc. among others have been marked as promising and emerging players in the global metrology services market.

Key Trends:

  • Revival of the industrial manufacturing sector post economic slowdown
  • Growing demand for portable metrology solutions
  • Stringent regulations and standards for medical devices are pushing demand for metrology services in the healthcare segment
  • Innovations in laser-based 3 dimensional metrology
  • Growing preference for ODS metrology solutions over CMM solutions, especially in aerospace and automotive applications, where the need for precision, accuracy, and reliability is high

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Market Dynamics

Chapter 4 Global Articulated Arm Machines Market Revenue, By Price Range, 2014 - 2023 (US$ Mn)

Chapter 5 Articulated Arm Machines Market Analysis, by End-use Application

Chapter 6 North America Articulated Arm Machines Market Analysis

Chapter 7 Europe Articulated Arm Machines Market Analysis

Chapter 8 Asia Pacific Articulated Arm Machines Market Analysis

Chapter 9 Rest of the World (RoW) Articulated Arm Machines Market Analysis

Chapter 10 Company Profiles

  • Hexagon AB
  • FARO Technologies, Inc.
  • Carl Zeiss AG
  • Renishaw plc.
  • Mitutoyo Corporation
  • Nikon Metrology NV
  • Semilab Zrt
  • Optical Gaging Products, Inc.
  • Trescal SA
  • Optical Metrology Services (OMS) Ltd.

For more information about this report visit http://www.researchandmarkets.com/research/5hbxkj/global

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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