Metrology Market

By Offering;

Hardware, Software and Services

By Product;

Coordinate Measuring Machine (CMM), Optical Digitizers & Scanners (ODS), Video Measuring Machine (VMM) and Industrial Computed Tomography

By End User;

Scientific & Research, Industrial and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn397955135 Published Date: September, 2025 Updated Date: October, 2025

Metrology Market Overview

Metrology Market (USD Million)

Metrology Market was valued at USD 11,334.43 million in the year 2024. The size of this market is expected to increase to USD 17,326.16 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.


Metrology Market

*Market size in USD million

CAGR 6.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.3 %
Market Size (2024)USD 11,334.43 Million
Market Size (2031)USD 17,326.16 Million
Market ConcentrationMedium
Report Pages325
11,334.43
2024
17,326.16
2031

Major Players

  • Hexagon AB
  • ZEISS Group
  • Mitutoyo Corporation
  • Nikon Corporation
  • Renishaw PLC
  • Perceptron, Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Metrology Market

Fragmented - Highly competitive market without dominant players


The Metrology Market is witnessing robust growth as industries prioritize precision and efficiency. Adoption of advanced metrology technologies has increased by over 40%, driven by the need for tighter tolerances and digital transformation. This shift is redefining production, inspection, and quality assurance practices.

Key Drivers Accelerating Growth
The demand for quality optimization and process efficiency is fueling adoption of metrology solutions. Nearly 35% of manufacturers now rely on advanced systems to reduce defects, improve accuracy, and maintain compliance with strict industry standards.

Advancements Strengthening Market Adoption
Technologies like 3D metrology, coordinate measuring machines, and optical systems are transforming measurement accuracy. Around 50% of new installations integrate automation and digital data platforms, enabling real-time monitoring and predictive performance management.

Future Opportunities
Partnerships, AI integration, and IoT connectivity are shaping the next phase of innovation. With expanding applications in automotive, aerospace, and healthcare, the metrology market is positioned as a key enabler of next-generation industrial ecosystems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Offering
    2. Market Snapshot, By Product
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Metrology Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements Innovation
        2. Industrial Quality Standards
        3. Increasing Automation Demand
        4. Precision Engineering Growth
      2. Restraints
        1. High Equipment Costs
        2. Complex Calibration Requirements
        3. Skilled Workforce Shortage
        4. Regulatory Compliance Challenges
      3. Opportunities
        1. Emerging Market Expansion
        2. Digital Transformation Integration
        3. Industry 4.0 Adoption
        4. Customized Solutions Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Metrology Market, By Offering, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services
    2. Metrology Market, By Product, 2021 - 2031 (USD Million)
      1. Coordinate Measuring Machine (CMM)
      2. Optical Digitizers & Scanners (ODS)
      3. Video Measuring Machine (VMM)
      4. Industrial Computed Tomography
    3. Metrology Market, By End User, 2021 - 2031 (USD Million)
      1. Scientific & Research
      2. Industrial
      3. Others
    4. Metrology Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Hexagon AB
      2. Carl Zeiss AG
      3. KEYENCE CORPORATION
      4. KLA Corporation
      5. Mitutoyo Corporation
      6. Renishaw plc
      7. FARO Technologies, Inc.
      8. Nikon Metrology Inc.
      9. Perceptron, Inc.
      10. Jenoptik AG
      11. Applied Materials, Inc.
      12. Bruker Corporation
      13. Horiba, Ltd.
      14. SGS Société Générale de Surveillance
      15. Intertek Group plc
  7. Analyst Views
  8. Future Outlook of the Market