The Industrial Metrology Market Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Industrial Metrology Market. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. Over 100 companies were evaluated, of which the Top 27 companies were categorized and recognized as the quadrant leaders.
The value chain of the industrial metrology market consists of seven stages - research & product development, raw material & component suppliers, original equipment manufacturers, distributors & suppliers, service providers, and end-use industries. Major value addition takes place during the raw material and component supplying and equipment manufacturing phases.
The 360 Quadrant maps the Industrial Metrology Market companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies.
Key Players
Key players operating in Industrial Metrology Market including Hexagon AB (Sweden), Carl Zeiss AG (Germany), Keyence Corporation (Japan), KLA Corporation (US), and Mitutoyo Corporation (Japan).
Hexagon AB
Hexagon AB stands as a leader in the industrial metrology sector, known for its comprehensive company market share and robust product portfolio. It holds a market share ranging from 12 - 15%, which asserts its dominant position. Hexagon AB's product innovations, such as the Leica Absolute Tracker ATS800, underline its commitment to quality control and inspection in precision manufacturing. The company significantly invests in R&D, focusing on the development of metrology equipment that integrates advanced technologies like laser tracking for improved efficiency in large-scale manufacturing. Its strategic acquisitions, including the Geomagic suite, enhance its software offerings, thereby strengthening its hold in the market.
Carl Zeiss AG
Another leading entity, Carl Zeiss AG, holds 9 - 12% of the market share, attributing to its strong presence in Europe and a diversified product portfolio. Renowned for its industrial quality and research capabilities, Carl Zeiss continues to innovate in the fields of digital manufacturing and optical metrology. The company's focus on optical systems and high-quality imaging technology supports its position as a key manufacturer in the precision measuring technology landscape. Despite some revenue challenges in parts of 2024, Carl Zeiss's commitment to product development and global expansion ensures its prominent standing.
Keyence Corporation
Keyence Corporation, with a market share of 5 - 8%, is another major player noted for its expansive company product portfolio and continuous market presence in Asia Pacific. The company emphasizes innovation across its product lines, including automation and 3D measurement solutions, to enhance operational efficiency and customer satisfaction. Keyence's strategic emphasis on new technology implementations and product launches further solidifies its role as a pioneer in the industrial metrology market.
Table of Contents
Companies Mentioned
- Hexagon Ab
- Carl Zeiss AG
- Keyence Corporation
- Kla Corporation
- Mitutoyo Corporation
- Nikon Corporation
- Faro
- Jenoptik
- Renishaw PLC
- Creaform
- Accuscan
- Carmar Accuracy Co. Ltd.
- Baker Hughes Company
- Nordson Corporation
- Cairnhill
- Att Metrology Solutions
- Sgs Société Générale De Surveillance SA
- Trimet
- Automated Precision Inc (API)
- Applied Materials, Inc.
- Perceptron, Inc.
- Shining 3D
- Intertek Group PLC
- Bruker
- Metrologic Group
- Innovmetric Software Inc.
- Smartray GmbH
- Wenzel Group
- Scantech (Hangzhou) Co. Ltd.
- Polyga Inc.
