Measurement & Instrumentation


Global Dimensional Metrology Market in Aerospace and Defense, Forecast to 2024

Dimensional Metrology in A&D Market to Surpass $1 Billion Revenue by 2024
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Published: 28 Jun 2018

This research service provides a detailed analysis of the current and evolving opportunities in the aerospace & defense (A&D) industry for the dimensional metrology market. The global dimensional metrology equipment market for A&D industry has evolved tremendously over the last decade with the advancement in manufacturing capabilities and will undergo significant transformation over the next decade with the advent of new technologies changing customer requirements. The highest market growth for dimensional metrology equipment is associated with the rising demand from the end user to minimize errors in the manufacturing life cycle of a product and improve the product quality to stay competitive. The adoption of new technologies like IIoT or Industry 4.0 and changing customer requirements will lead to adoption of new business models by leading dimensional metrology vendors. This assessment includes forecasts, an overview of the competitive structure, competitors’ market share, market trends, and product analysis. Market drivers and restraints have been assessed for their impact throughout the forecast period. This report identifies key opportunities for growth while detailing key challenges and possible threats. The forecast period is from 2018 to 2024, with 2017 as the base year. The product categories include: • Coordinate Measuring Machines (CMM) • Optical Digitizers & Scanners (ODS) • Vision Measuring Machines (VMM) • Form Measuring Machines (FMM) • Measurement Gages (MG) • Calipers & Micrometers (C&M) The current market size for 2017 is provided for each segment and forecast till 2024. The study highlights industry challenges and growth drivers and restraints from 2018 to 2024 as well as analyzes the market from a geographic perspective. The regions covered in the study include: • North America • Europe • Asia-Pacific • Rest of World - includes Latin America, the Middle East, and Africa

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