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Home | Search Global IT News: IT News & Press Release Distribution: Inline Metrology Market estimated to be worth $801 million by 2025   (IT-NEWSWIRE.COM, September 24, 2021 ) According to the new market research report, the "Inline Metrology Market by Offering (Hardware, Software), Product (CMM, Machine Vision Systems, Optical Scanners), Application (Reverse Engineering, Quality Control & Inspection), Industry, and Geography - Global Forecast to 2025" is expected to grow from USD 390 million in 2020 to USD 801 million by 2025, at a CAGR of 15.5%. The growth of the inline metrology market is driven by the factors such as increasing global adoption of smart metrology solutions, rising global spending on research and development activities for automation technologies, and growing use of smart 3D sensors worldwide Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55767366 Quality control and inspection application to grow at high rate from 2020 to 2025 The inline metrology market for quality control and inspection application is expected to grow at a significant rate from 2020 to 2025. Manufacturing companies are outsourcing inspection and quality control services to reduce measurement time, eliminate measurement uncertainty, enable process stability, and enhance test instrument capability. The high costs incurred in setting up metrology facilities and the lack of inline metrology experts are the factors expected to hinder the growth of the global inline metrology market. Automotive industry held largest share of Inline metrology market in 2019 The automotive industry held the largest share of the inline metrology market in 2019. The growing demand for automobiles in developing countries across the world, such as Russia, South Africa, and China, is creating the need for high-speed inspection of automotive manufactured parts, which propels the growth of the inline metrology market Inline metrology market in APAC to grow at highest rate during forecast period The inline metrology market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is the largest manufacturing hub globally; it is also emerging as a large-scale hub for automotive manufacturing. The market in countries such as India and China of the region is expected to grow more rapidly than in other countries. Rapid urbanization and a large base of automobile manufacturers are some of the key factors contributing to the growth of this market in APAC. Hexagon AB (Hexagon) (Sweden), Carl Zeiss (Germany), Perceptron (US), ABB Group (Switzerland), KUKA (Germany), Nikon Metrology (Belgium), AMETEK (US), LMI Technologies (US), Cognex (US), Jenoptik (Germany), KLA Corporation (US), FARO Technologies (US), and Renishaw (UK) are a few key players in the inline metrology market. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 MarketsandMarkets™ Mr. Aashish Mehra 1-888-600-6441 raviraj.tak@marketsandmarkets.com Source: EmailWire.Com Source: EmailWire.com

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