Global Market for Smart Handheld Metrology Devices, Forecast to 2023

  • ID: 4234950
  • Report
  • Region: Global
  • 98 Pages
  • Frost & Sullivan
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Increasing the Accuracy of Smart Handheld 3D Optical Scanners will Create New Opportunities

FEATURED COMPANIES

  • 4D Technologies
  • Dot Product
  • Fowler
  • Hexagon
  • Mahr
  • Open Technologies
  • MORE

This study discusses the opportunities and the evolution of smart metrology devices and their impact across various industry verticals till 2022. It analyzes recent market and technology trends, the significant proliferation of smart handheld metrology devices, and their future. Growing interest in industrial automation and enhanced quality inspection are driving the adoption of smart handheld metrology devices. The study also provides a regional and competitive analysis of the global metrology software market. In addition, key macroeconomic trends and their likely impact on the market are highlighted. These devices are likely to see increased uptake in future as a result of enhanced device functionalities and advancements in technology. This deliverable will provide key market participants with the necessary business intelligence to help them understand the future of the smart handheld metrology device market across applications.

Key questions this study will answer:

  • Is the market growing, how long will it continue to grow, and at what rate?
  • Are the existing competitors structured correctly to meet customer needs?
  • What are the key trends and how does it impact this market?
  • How will the structure of the market change with time? Is the market ripe for acquisitions?
  • Are the products/services offered today meeting customer needs or is additional development needed?
  • Are the vendors in the space ready to go it alone, or do they need partnerships to take their businesses to the next level?

Smart handheld metrology systems are in demand in North America and Europe as these regions invest highly in automotive and aerospace R&D inspection. Leading dimensional metrology vendors are likely to focus on selling high-precision smart handheld metrology devices for R&D inspection purposes. The main disadvantage of these devices is the limited awareness among end users. To overcome this challenge, manufacturers are actively trying to sell more products by educating end users. They are focusing their R&D to boost their handheld product accuracy to that of a fixed system. The devices will be disruptive for certain application areas when they achieve a high degree of accuracy.

Wireless data transfer capability for measurement gauges has increased the need. The rise in demand is mainly due to the replacement of traditional measurement gauges. This wireless data transfer capability will improve inspection capability (minimum error). The market will mature once traditional gauges are replaced by wireless measurement gauges.

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FEATURED COMPANIES

  • 4D Technologies
  • Dot Product
  • Fowler
  • Hexagon
  • Mahr
  • Open Technologies
  • MORE
1. Executive Summary
  • Key Findings
  • Market Engineering Measurements
  • CEO’s Perspective
2. Market Overview
  • Market Definitions
  • Key Questions this Study will Answer
  • Market Segmentation
  • Market Distribution Channels
  • Dimensional Metrology Technologies-Product Lifecycle
  • Emerging Application Areas for Optical Scanners-Beyond Traditional Boundaries
  • Key Market Trends
  • Handheld 3D Optical Scanners versus Fixed and Portable 3D Optical Scanners
3. Drivers and Restraints-Total Smart Handheld Metrology Devices Market
  • Market Drivers
  • Drivers Explained
  • Market Restraints
  • Restraints Explained
4. Forecasts and Trends-Total Smart Handheld Metrology Devices Market
  • Market Engineering Measurements
  • Forecast Assumptions
  • Revenue Forecast
  • Revenue Forecast Discussion
  • Pricing Trends
  • Technology Adoption
  • Percent Revenue Forecast by Region
  • Revenue Forecast by Region
  • Global Hot Spots
  • Revenue Forecast Discussion by Region
  • Revenue Forecast by Vertical Market
5. Market Share and Competitive Analysis-Total Smart Handheld Metrology Devices Market
  • Market Share
  • Market Share Analysis
  • Competitive Environment
  • Top Competitors
6. Growth Opportunities and Companies to Action
  • Transformation in the Smart Handheld Metrology Device Ecosystem-2016
  • Growth Opportunity-Smart Handheld 3D Optical Scanners
  • 5 Major Growth Opportunities
  • Strategic Imperatives for Success and Growth
7. Mega Trends and Industry Convergence Implications
  • Mega Trend Impact on the Smart Handheld Metrology Device Market
  • Automotive Industry Demand for Smart Handheld Metrology Devices
  • Wireless Connectivity, Accuracy, and Portability in Demand
  • Software Boosts Product Value and Performance
  • Industry 4.0-The Vision and its Implications
  • Metrology Service 2.0
  • Technology Lifecycle Analysis
8. Automotive Segment Analysis
  • Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion
9. Industrial Design Segment Analysis
  • Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion
10. Architecture, Engineering, and Construction Segment Analysis
  • Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion
11. Aerospace and Defense Segment Analysis
  • Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion
12. Forensic/Research and Education Segment Analysis
  • Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion
13. Others Segment Analysis
  • Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion
14. The Last Word
  • The Last Word-3 Big Predictions
  • Legal Disclaimer
15. Appendix
  • Market Engineering Methodology
  • List of Companies in Others
  • Partial List of Companies Interviewed
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  • 4D Technologies
  • Artec 3D
  • Creaform
  • Dot Product
  • Edmunds
  • Faro
  • Fowler
  • Gagemaker
  • Glastonbury
  • Hexagon
  • Leitech
  • LS Starret
  • Mahr
  • Mitutoyo
  • Nikon
  • Open Technologies
  • Smart Vision
  • Southern
  • Vermont
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