Posts

Showing posts with the label Metrology Equipment Market Share

Metrology Equipment Market Size To Hit USD 15.1 Billion By 2030

Image
  San Francisco, 16 Oct 2024:  The Report  Metrology Equipment Market  Size, Share & Trends Analysis Report By Type (Coordinate Measuring Machine, Optical Digitizer & Scanner) By End-use (Manufacturing, Automotive, Aerospace, Electronics), By Region, And Segment Forecasts, 2024 - 2030 The global metrology equipment market size to reach USD 15.1 billion by 2030 and is projected to grow at a CAGR of 6.1% from 2024 to 2030. The growth of the global market is driven by several key factors. Increasing industrial automation and the need for precision in manufacturing processes are major contributors, as industries seek to ensure high quality and accuracy in their products.  The expanding aerospace and automotive sectors drive demand, requiring precise measurements and quality control to meet stringent standards and improve performance. Furthermore, advancements in technology, such as the integration of IoT and smart sensors in metrology equipment, en...