PUBLISHER: Frost & Sullivan | PRODUCT CODE: 2026987
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 2026987
This Frost & Sullivan analysis showcases growth opportunities in the dimensional metrology market that vendors can capitalize on. Several imperatives across manufacturing industries have resulted in the increased focus on quality control, particularly over the past 5 years.
Increased adoption of Industry 4.0 and a dearth of skilled labor drive the need for automation and advanced metrology solutions. Post the pandemic, organizations continue to steadily invest in automation and Industry 4.0 technologies. Technology enablers such as 5G, additive manufacturing, digital twins, artificial intelligence (AI), machine learning, and robotics will catalyze automation and smart manufacturing. They help in addressing current challenges while creating new growth opportunities.
The growing prominence of automation will augment the demand for in-line dimensional metrology solutions. Driven by factors such as reshoring, the electric vehicle (EV) push, and maintenance, repair, and operations (MRO) requirements, the semiconductor, automotive, and aerospace industries contribute to significant growth opportunities for metrology. This analysis identifies 10 strategic growth areas spanning AI, digital twin, automated metrology, portable/3D scanning, and industry-specific opportunities such as additive manufacturing, medical device manufacturing, aerospace manufacturing, and MRO.