Research and Markets (http://www.researchandmarkets.com/research/w2xjf2/metrology) has announced the addition of the "2013 Report on the International Metrology Services Market - Forecasts to 2018" report to their offering.

Developments in measuring technologies are also influencing growth patterns and thus new product development has become a significant strategy for many industrial players. The entry of new players in recent years has made the metrology market fragmented in nature. Despite the entry of large number of small players making the environment competitive, there are very few players dominating global markets.

The global metrology services market is expected to grow at a CAGR of 8.2% during the forecast period from 2012 to 2018 and reach the market size of USD 720.3 million in 2018. Need for precisely measured components across different industry verticals including electronics industry, power generation industry, automotive sector, and others is creating the demand for metrology services, globally. Metrology services are beneficial in increasing efficiency by optimizing productivity without affecting the resource requirements.

Global metrology services market for CMM is expected to grow at a CAGR of over 7% from 2012 to 2018 while metrology services market for ODS is expected to show the growth rate of around 9% during the same forecast period. This is because ODS provides more precision for measurement of difficult geometries with touch probe accuracy. Among all the ODS products, demand for 3D laser scanners is highest due to its high accuracy and better preciseness.

Key Topics Covered:

1 Preface

2 Executive Summary

3 Global Metrology Services Market Overview

4 Global Metrology Services Market, by Products

5 Global Metrology Services Market, by End-user Applications

6 Global Metrology Services Market, by Geography

7 Key Competitors Analysis

8 Company Profiles

Companies Mentioned:

  • Carl Zeiss Corporation
  • Danish Micro Engineering A/S
  • FARO Technologies, Inc
  • Hexagon AB
  • Nikon Metrology Inc
  • Optical Gaging Products, Inc
  • Optical Metrological Services
  • Renishaw Plc
  • Trescal SA

For more information visit http://www.researchandmarkets.com/research/w2xjf2/metrology

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Engineering