Metrology Software - Global Strategic Business Report

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW
Metrology Software: Enabling Efficient Control and Optimization of Resources
Consolidated Nature of the Market
Global Market Outlook
Table 1: World GDP (2012-2015): Breakdown of Percentage GDP Growth by Select Country (includes corresponding Graph/Chart)
Table 2: Global Purchasing Managers Index (PMI): Breakdown of Quarterly PMI Data for Global and Select Regional Markets for the Year 2014 (includes corresponding Graph/Chart)
Table 3: Global Purchasing Managers Index (PMI): Breakdown of Average Annual PMI Data for Global and Select Regional Markets for Years 2012 & 2013 (includes corresponding Graph/Chart)

2. MARKET TRENDS, ISSUES AND DRIVERS
International Standardization of Metrology Bodes Well For the Market
Increasing Demand for Portable Metrology Solutions Drives the Metrology Software Market
Precision Engineering Drives Innovations in Metrology Software
Metrology Software Advancements: Spearheading Growth
Point Cloud Metrology Software
Geometric Dimensioning and Tolerancing
Laser Scanning Technology in Metrology Software
On-Machine Metrology Software
Multisensor Metrology Software
Automated Metrology Software
Robotic Metrology
Non-Contact/Optical Metrology Software Market on the Rise
Recent Metrology Software Advancements
Altera CMM
MCT225 HA
BW-S50x
NEXIV VMZ-R4540
SMZ 25 & SMZ 18
VIEW Metrology Software
VDMIS
CMM-Manager Metrology Software Version 3.4
E-Max Software
Aberlink 3D Software
IK 5300
Research Focuses on Bridging Gap between CT and Metrology
Metrology Outsourcing: A Key Trend
Manufacturing Industry: Primary Consumer Base for Metrology Solutions
Growing Automobiles Production Drives Metrology Software Demand
Table 4: Global Automotive Market: Passenger Cars Production (In ‘000 Units) for Years 2012, 2015F & 2018F (includes corresponding Graph/Chart)
Table 5: Global Automotive Market: Commercial Vehicle Production (In ‘000 Units) for Years 2012, 2015F & 2018F (includes corresponding Graph/Chart)
Increasing Emphasis on Automation in the Sector Bodes Well for the Market
Heavy Equipment Industry Promises Bright Prospects
Novel Defense Applications Offers Robust Growth Opportunities
Automation in the Aerospace and Shipbuilding Industry Fuels Demand
Robust Activity in the Renewable Energy Sector Spur Market Opportunities
Electronics Industry Applications Strengthen Market Prospects
Applications in Telecommunications, Satellites and Space Sectors Offers Lucrative Opportunities
Biomedical Applications Promises Bright Prospects for Precise Metrology Software Solutions
Metrology Software Applications Gaining Ground in the Textile Industry
Robust Demand for Consumer Goods and Household Appliances: A Key Growth Driver
Rising Demand for Agricultural Machinery Lends Traction to Market Growth
Developing Countries Drive Future Market Growth
Table 6: GDP Growth for Key Developed and Developing Countries: 2003-2013 (includes corresponding Graph/Chart)
Non-BRIC Emerging Markets to Supplement Declining Growth in BRICs in the Coming Decade
Off-Shoring of Manufacturing Activity Boosts Demand for Metrology Software Market in Developing Countries
Mega Demographic Trends: Long-Term Implications for the Metrology Industry
Rising Global Population
Table 7: Top 25 Countries Worldwide in Terms of Population: 2007 & 2013E (includes corresponding Graph/Chart)
Aging Population
Table 8: Global Population Statistics for the 65+ Age Group (Male & Female) for Major Countries/Regions: 2013 (includes corresponding Graph/Chart)
Rising Disposable Incomes and Burgeoning Middle Class Population
Table 9: Annual Disposable Incomes in US$ ‘000 for Select Countries (2012) (includes corresponding Graph/Chart)
Table 10: Global Middle Class Population (in Millions) by Geographic Region: 2010, 2020P & 2030P (includes corresponding Graph/Chart)
Table 11: Global Middle Class Population by Geographic Region: Percentage Share Breakdown for 2010, 2020P & 2030P (includes corresponding Graph/Chart)

3. RECENT ECONOMIC TRENDS & ITS IMPACT ON MARKET PERFORMANCE
The 2007-2009 Recession
Market Recovers in 2010 Supported by Favorable Economic Trends
Year 2013: GDP Decline Drags Down Demand despite Increase in Manufacturing PMI
European Debt Crisis Slows Down the Regional Market in 2012 & 2013
Table 12: Purchasing Managers Index (PMI) in the Euro Area: Breakdown of Average Annual PMI Data for Select Countries for Years 2012 & 2013 (includes corresponding Graph/Chart)
Table 13: Key Business Indicators in the Euro Area for Years 2011, 2012 & 2013
US GDP Slips Again in 2013, Dragging Down Demand Despite Increase in Manufacturing PMI
Table 14: Purchasing Managers Index (PMI) in the US: Average Annual PMI Data for Years 2011, 2012 & 2013 (includes corresponding Graph/Chart)
Table 15: Key Business Indicators in the US for Years 2011, 2012 & 2013
Europe Hopes for a Recovery in 2014 & Beyond Despite Volatility & Risks of a Relapse
Table 16: EU Real GDP Growth Rates in % (2014 & 2015): Breakdown by Country (includes corresponding Graph/Chart)
Table 17: Purchasing Managers Index (PMI) in the Euro Area: Breakdown of Quarterly PMI Data for Select Countries for the Year 2014 (includes corresponding Graph/Chart)
Table 18: Key Business Indicators in the Euro Area for the First 3 Quarters of the Year 2014
2014 & Beyond: Positive Outlook for the US despite Lingering Economic Issues
Emerging Markets in Transition: Structural Slowdown is the New Norm
Cyclical Upturn Portrays a Positive Manufacturing Outlook in Asia-Pacific for 2014 & Beyond

4. PRODUCT OVERVIEW
Metrology: The Science of Measurement
Metrology Software
Metrology Equipment
Contact Metrological Equipment
Coordinate Measuring Machines (CMMs) - An Insight
Why CMM?
Non-Contact Metrological Equipment
Laser Scanners
Types of Laser Scanners
Single Laser Scanners
Cross Scanners
Handheld Scanners
Comparison of Metrology Technologies
Benefits of Integrating Laser Scanning with CMMs
A Peep into the History of CMMs
Development of Tactile Probes and Sensors
Major CMM Components
Control and Calibration Systems
Measuring Probe
Tip Sensing
Touch Probes
3-Axis Contact Scanners
5-Axis Contact Scanners
Broader Classification of CMM
Bridge Machines
Horizontal Arm Machines
Gantry Machines
Cantilever Machines
CMM Applications
Pre-Purchase Criteria for CMMs

5. PRODUCT INTRODUCTIONS/INNOVATIONS
Hexagon Releases New Scanning Technology
Optical Gaging Products Launches New CAD-based metrology software
InnovMetric Software Releases Universal 3D Metrology Software Platform
FARO Launches FARO CAM2 Measure 10.3
Hexagon Metrology Launches Advanced Measurement Software
Hexagon Metrology Releases DataPage+ 5.0 Software
Hexagon Metrology Launches Leitz SIRIO Xi 6.8.8 CMM
FARO Unveils SmartInspect 1.2 Portable Software
Zeta Instruments Launches Enhanced Surface Imaging and Metrology software
Nikon Metrology Launches Inspect-X 4.1
HEIDENHAIN Launches Enhanced Modular Multiplexor
Aerotech Releases Improved Linear Encoder
HEIDENHAIN Launches New Linear Kit Encoder
HEIDENHAIN Launches IK 5000 QUADRA-CHEK Metrology Software
Nikon Metrology Releases High Accuracy Metrology CT System
Nikon Launches New Range of CNC Video Measuring Systems
Heidenhain Releases New Line Up of Metrology Products
Hexagon Metrology Launches PC-DMIS Gear 2.5
Hexagon Metrology Releases PC-DMIS Touch
Nikon Metrology Launches New Line of Products
Rudolph Technologies Releases New Range of Metrology Suites
Hexagon Metrology Releases CoreView 7.0
Hexagon Metrology Unveils PC-DMIS
BuildIT Software & Solutions Launches New Metrology Software
Delcam Releases Enhanced Version of PowerINSPECT Metrology Software
Honeywell Unveils New Process Gas Chromatograph Device
Nikon Metrology Launches CAMIO8 Multi-sensor CMM software

6. RECENT INDUSTRY ACTIVITY
Renishaw Acquires Advanced Consulting & Engineering
Digital Surf Acquires Image Metrology
Jenoptik Takes Over HOMMEL-ETAMIC
Hexagon Acquires Vero Software
Transcat Takes Over Ulrich Metrology
Verisurf Enters into Cooperative Research and Development Agreement with US Navy FRCSW
Nikon Metrology Inks Pact with Leonardo 3D Metrology
Mena3D Enters into Reseller Agreement with Nikon Metrology

7. FOCUS ON SELECT GLOBAL PLAYERS
3D Systems Corporation (US)
Aberlink Innovative Metrology LLP (UK)
AICON 3D Systems GmbH (Germany)
BuildIT Software & Solutions Ltd. (Canada)
Carl Zeiss Industrial Metrology (Germany)
Creaform, Inc. (Canada)
Delcam Plc. (UK)
FARO Technologies Inc. (US)
GE Measurement & Control Solutions (US)
Heidenhain Corp. (US)
Hexagon AB (Sweden)
Hexagon Metrology, Inc. (US)
New River Kinematics, Inc. (US)
Image Metrology A/S (Denmark)
Innovative Metrology Solutions (IMS) (US)
InnovMetric Software, Inc. (Canada)
Konica Minolta Sensing Americas, Inc. (US)
Kotem Technologies, Inc. (Canada)
Metrologic Group SA (France)
Metrology Software Products Ltd. (UK)
Micro-Vu Corporation (US)
Mitutoyo America Corporation (US)
Nikon Metrology, Inc. (US)
Optical Gaging Products (OGP) (US)
RAM Optical Instrumentation (US)
Renishaw Plc. (UK)
Rudolph Technologies, Inc. (US)
The L.S. Starrett Company (US)
Verisurf Software, Inc. (US)

8. GLOBAL MARKET PERSPECTIVE
Table 19: World Recent Past, Current & Future Analysis for Metrology Software by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East/Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 20: World Historic Review for Metrology Software by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East/Africa, and Latin America Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
Table 21: World 15-Year Perspective for Metrology Software by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East/Africa, and Latin America Markets for Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)

III. MARKET

1. UNITED STATES
A.Market Analysis
Recovering Manufacturing Activity Drives Demand for Metrology Software
Quality Control Spending in the Manufacturing Sector
The US: A Major Market for Metrology Software Used in Surface Inspection
Revolutionary Developments in the US Defense Sector Spurs Growth for Metrology Software
Table 22: US Manufacturing Sector Spending on Quality Assurance & Control (2013): Percentage Breakdown of Total Spending by Segments - Hardware, Software, and Services (includes corresponding Graph/Chart)
Table 23: US Manufacturing Sector Software Spending (2014E): Percentage Breakdown of Spending by Segments
Data Collection, SPC, CMM Simulation & Programming, Calibration and Document Control & Management (includes corresponding Graph/Chart)
Table 24: US Manufacturing Sector Hardware Spending (2014E): Percentage Breakdown by Segments - CNC CMMs, Surface Measurement Devices, Handheld Devices, Manual CMMs, Environmental Testers, Calibration Devices, Special & Fixed Tooling Gauges, Multi-sensor CMMs, DNC CMM and Hardness Testers (includes corresponding Graph/Chart)
Table 25: US Manufacturing Sector Spending on Quality Control Services (2014E): Percentage Breakdown of Spending by Segments - Calibration, Registration & Certification, Lab Testing, Quality Management and Materials Testing (includes corresponding Graph/Chart)
Product Launches
Strategic Corporate Developments
Select Players
B.Market Analytics
Table 26: US Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 27: US Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)

2. CANADA
A.Market Analysis
Current & Future Analysis
Increasing Activity in the Aerospace Sector Bodes Well
Steady Recovery of Canadian Manufacturing Sector Fuels Demand
Product Launch
Strategic Corporate Development
Select Players
B.Market Analytics
Table 28: Canadian Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 29: Canadian Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)

3. JAPAN
A.Market Analysis
Japan: Leading Machine Tool Producer Offers Opportunities for Metrology Software
Product Launches
B.Market Analytics
Table 30: Japanese Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 31: Japanese Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)

4. EUROPE
A.Market Analysis
Current & Future Analysis
European Countries Struggle to Make Way up the Crisis
B.Market Analytics
Table 32: European Recent Past, Current & Future Analysis for Metrology Software by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 33: European Historic Review for Metrology Software by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
Table 34: European 15-Year Perspective for Metrology Software by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)
4a. FRANCE
A.Market Analysis
Current & Future Analysis
Metrologic Group SA - A Key Player
B.Market Analytics
Table 35: French Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 36: French Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
4b. GERMANY
A.Market Analysis
Current & Future Analysis
Huge Industrial/Manufacturing Sector Makes Germany a Major Market for Metrology Software
Select Players
B.Market Analytics
Table 37: German Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 38: German Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
4c. ITALY
Market Analysis
Table 39: Italian Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 40: Italian Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
4d. THE UNITED KINGDOM
A.Market Analysis
Current & Future Analysis
Increasing Manufacturing Activity Brightens Prospects for Metrology Software
Product Launch
Strategic Corporate Development
Select Players
B.Market Analytics
Table 41: UK Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 42: UK Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
4e. SPAIN
Market Analysis
Table 43: Spanish Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 44: Spanish Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
4f. RUSSIA
Market Analysis
Table 45: Russian Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 46: Russian Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
4g. REST OF EUROPE
A.Market Analysis
Current & Future Analysis
Strategic Corporate Developments
Select Players
B.Market Analytics
Table 47: Rest of Europe Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 48: Rest of Europe Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC
A.Market Analysis
Current & Future Analysis
Immense Growth Potential Offered by Asian Countries
Outsourced Manufacturing Activity Spurs Demand in Asia
Pacific Markets
B.Market Analytics
Table 49: Asia-Pacific Recent Past, Current & Future Analysis for Metrology Software by Geographic Region
China, India, South Korea, Taiwan and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 50: Asia-Pacific Historic Review for Metrology Software by Geographic Region - China, India, South Korea, Taiwan and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
Table 51: Asia-Pacific 15-Year Perspective for Metrology Software by Geographic Region - Percentage Breakdown of Dollar Sales for China, India, South Korea, Taiwan and Rest of Asia-Pacific Markets for Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)
5a. CHINA
A.Market Analysis
Current & Future Analysis
Demand Buoyed by Steady Growth in End Use Sectors
China: The World’s Manufacturing Hub!
Increasing Activity in Chinese Automotive Market Drives Growth for Metrology Software
Chinese Military Modernization Provides Traction for Growth in Metrology Software Market
B.Market Analytics
Table 52: Chinese Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 53: Chinese Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
5b. INDIA
A.Market Analysis
Current & Future Analysis
Market Overview
Huge Industrial/Manufacturing Base Makes India a Lucrative Market for Metrology Software
Stable Machine Tools Industry to Increase Demand for Metrology Software in India
Strategic Corporate Development
B.Market Analytics
Table 54: Indian Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 55: Indian Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
5c. SOUTH KOREA
Market Analysis
Table 56: South Korean Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 57: South Korean Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
5d. TAIWAN
Market Analysis
Table 58: Taiwanese Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 59: Taiwanese Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
5e. REST OF ASIA-PACIFIC
A.Market Analysis
Current & Future Analysis
B.Market Analytics
Table 60: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 61: Rest of Asia-Pacific Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)

6. MIDDLE EAST
Market Analysis
Table 62: Middle East & Africa Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 63: Middle East & Africa Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)

7. LATIN AMERICA
Market Analysis
Table 64: Latin American Recent Past, Current & Future Analysis for Metrology Software by Geographic Region
Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 65: Latin American Historic Review for Metrology Software by Geographic Region - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
Table 66: Latin American 15-Year Perspective for Metrology Software by Geographic Region - Percentage Breakdown of Dollar Sales for Brazil and Rest of Latin America Markets for Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)
7a. BRAZIL
Market Analysis
Table 67: Brazil Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 68: Brazil Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)
7b. REST OF LATIN AMERICA
Market Analysis
Table 69: Rest of Latin America Recent Past, Current & Future Analysis for Metrology Software with Annual Sales in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)
Table 70: Rest of Latin America Historic Review for Metrology Software with Annual Sales in US$ Thousand for Years 2006 through 2012 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE
Total Companies Profiled: 58 (including Divisions/Subsidiaries - 65)
The United States (36)
Canada (5)
Europe (23)
- France (3)
- Germany (9)
- The United Kingdom (4)
- Spain (1)
- Rest of Europe (6)
Middle East (1)