Dimensional metrology, using physical measuring devices to quantify the size parameters of a given object, is the science of measuring the physical dimensions or distances of objects. Dimensional metrology plays an important role in modern manufacturing and is one of the key technologies to ensure product quality and accuracy.
Overview of Market Development
The global dimensional metrology market has shown a steady development trend in recent years. According to our research data, the global dimensional metrology market size is expected to reach $7.91 billion in 2024, an increase of 6.95% compared to 2023.
In the future, with the increasing demand for high-precision measurement in the manufacturing industry and the promotion of emerging technologies such as the Internet of Things and big data, the dimensional metrology market will usher in a broader development space. It is expected that by 2029, the global dimensional metrology market size will continue to increase to $11.17 billion. The CAGR for 2024-2029 is estimated to be 7.15%.
Market Analysis of Major Regions
From a regional perspective, the Asia Pacific region is the largest revenue market for global dimension metrology. Data shows that the estimated revenue of the Asia Pacific dimension metrology market in 2024 is $3.58 billion, and the market share is expected to reach 45.28%; The North American and European markets are expected to rank second and third with market shares of 24.55% and 21.84%, respectively.
Global Dimensional Metrology Market Size and Market Share by Region Forecast
Source: www.globalmarketmonitor.com
Segmented Market Analysis
Classified by product type: can be divided into equipment, software, etc. The equipment includes coordinate measuring machines (CMM), laser trackers, etc; The software is used for data analysis, identification of parts, etc. Research shows that the equipment segmentation market dominates, with an expected market share of 64.26% by 2024.
Classified by application field: It can be applied to multiple fields such as aerospace, defense, and automotive, which have strict requirements for dimensional accuracy. Among them, the automotive industry is the largest downstream application market for dimensional metrology, with an estimated application share of 35.12% in 2024.
Global Dimensional Metrology Segment Market Size and Market Share Forecast in 2024
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Market Size (Million USD)
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Market Share
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Segmented by Type
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Equipment
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5080
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64.26%
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Software
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1720
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21.75%
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Others
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1106
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13.99%
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Segmented by Application
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Automotive
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2784
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35.12%
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Aerospace and Defense
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1273
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16.10%
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Others
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3849
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48.69%
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Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Chemicals Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".
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