Metrology refers to the science of measurement that includes both
theoretical and experimental aspects of measurement. Metrology services can be
defined as those services offered by third party vendors that provide
installation, calibration, testing, and maintenance services. These services
cater to a wide range of end-user industries. Metrology services in general are
provided for two major product segments, CMM and ODS. A CMM provides an
effective and efficient method of undertaking high-quality, reliable, and
accurate inspection. ODS plays a significant role in providing unparalleled
inspection capability with accuracy at very high precision levels.
Analysts forecast the Metrology
Services market in Europe to grow at a CAGR
of 7.68 percent over the period 2013-2018.
The report recognizes the following companies as the key players in the
Metrology Services Market in Europe: Carl Zeiss AG, Hexagon AB and Renishaw
plc.
Other Prominent Vendors in the market are: IMS, Metronor, Trimek and
WENZEL Präzision.
Emergence of low-cost service providers is one of the major trends
expected in the market. The presence of large players, which will continue to
dominate the market, is expected to provide wider choices to the customers.
Hence, customers are expected to become more price sensitive.
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Covered in this
Report
The Metrology Services market in Europe can be segmented into two
divisions: CMM-based Services and ODS-based Services.
Metrology Services Market in Europe 2014-2018, has been prepared based on
an in-depth market analysis with inputs from industry experts. The report
covers the Europe region; it also covers the Metrology Services market
landscape and its growth prospects in the coming years. The report also
includes a discussion of the key vendors operating in this market.
According to the report, one of the major factors that drive the market
for metrology services is the high cost of metrology equipment. Firms cannot
always afford the maintenance as well as the upgrades for metrology equipment
in order to remain on par with the latest technology.
Further, the report states that operating metrology equipment requires a
high degree of technical knowledge and specialized skills. Vendors have to
tackle this shortage effectively to sustain the market growth.
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