Metrology Market is predicted to reach USD 18.4 billion at a CAGR of 5.60% during the forecast period

Market Research Future Published a Half Cooked Research Report on "Global Metrology Market" .

MRFR recognizes the following companies as the key players in the global Metrology market— Hexagon (Sweden), ZEISS (Germany), Bird (US), Solayl SAS (France), Telemark (US), Hiden Analytical Ltd (UK), PLASMA SENSORS (US), TEGAM Inc. (US), MKS Instruments (US), INFICON (Switzerland), ARIS Technology (US), and Accurate (India).

Market Highlights

The global Metrology market is accounted to register a CAGR of 5.60% during the forecast period and is estimated to reach USD 18.4 billion by 2032.

The Metrology market refers to the industry involved in the design, production, and distribution of precision measurement instruments and systems used in various sectors, including manufacturing, automotive, aerospace, and healthcare, to ensure accurate and standardized measurements for quality control and process improvement.

Segment Analysis

The global Metrology market has been segmented based on offerings, Product and end user.

On the basis of offerings, the market is segmented into Software, Hardware, and Services. In 2021, the hardware sector owned the lion's share of the market, accounting for around 38% of total market sales. owing to the fact that it provides improved precision and accuracy for determining surface separations and distances ranging from millimetres to kilometres.

Based on Product, the global Metrology market has been segmented into coordinate measuring machines (CMM), optical digitizers and scanners (ODS), and others. During the forecast period, 2024–2032, the Coordinate Measuring Machine (CMM) segment, which dominated the market in 2021, is anticipated to develop at a quicker rate. The trend of increased implementation of advanced measuring technology will continue during the projected period as a result of the rising use of sophisticated quality control procedures in the manufacturing and automotive industries.

Based on End User, the global Metrology market has been segmented into scientific & research, industrial, and others. Due to the rising need for inspection and the demand for 3D meteorological equipment for quality assurance, the industrial sector held the highest segment share in 2021.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Metrology Market Research Report

Regional Analysis

The global Metrology market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Metrology market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Metrology market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Metrology market comprises of Middle East, Africa, and Latin America.

The Asia-Pacific Metrology Market dominated this market in 2022 4.05 billion in 2021 and is anticipated to expand at a notable CAGR during the research period. The growing demand for contactless quality control instruments and measuring techniques in the manufacture and manufacturing of automobiles is what propels the regional market.

The area's market is expanding thanks to the use of various business strategies by top-tier firms. During the Metrology Conclave, Narendra Modi emphasised the government's role in strengthening quality control standards in local business as well as the nation's efforts to improve the quality of goods delivered through the Make In India programme.

Additionally, the second-largest market share for Metrology is held by North America. The application of cutting-edge technology in the industrial, aerospace, and defence sectors in the United States and Canada is anticipated to fuel market growth.

Moreover, From 2024 to 2032, the Europe Metrology Market is anticipated to experience the quickest CAGR growth. This is a result of the country's heavy reliance on the automotive and aerospace industries, and it is anticipated that this tendency will continue during the estimated time frame. Additionally, the German metrology market grew at the quickest rate in Europe, while the UK metrology industry had the largest market share.

Key Findings of the Study

• The global Metrology market is expected to reach USD 18.4 billion by 2032, at a CAGR of 5.60% during the forecast period.


• The Asia-Pacific Metrology Market dominated this market in 2022 4.05 billion in 2021 and is anticipated to expand at a notable CAGR during the research period.


• Based on Offerings, In 2021, the hardware sector owned the lion's share of the market, accounting for around 38% of total market sales.


• Hexagon (Sweden), ZEISS (Germany), Bird (US), Solayl SAS (France), Telemark (US), Hiden Analytical Ltd (UK), PLASMA SENSORS (US), TEGAM Inc. (US), MKS Instruments (US), INFICON (Switzerland), ARIS Technology (US), Accurate (India).