Market of Metrology Services Is Driven by Adoption of Cad/Cam in Industries

In the last couple of years, there has been an increasing need for more accurate and reliable measurements, not only in the domains of national and international trade and manufacturing but also in sectors such as environment protection, human health and safety, communication, and across diverse fields of engineering and science. The enhanced need for a universal, comparable, and traceable measurement standard in different realms of society has emerged as a significant factor driving the demand for metrology services across the globe.

Full Report Description of Metrology Services Market is available at :
http://www.transparencymarketresearch.com/metrology-services-market.html

Metrology has found increased applications across different industry verticals and is witnessing dynamic shifts in growth trends. It helps manufacturers to increase their efficiency by optimizing productivity without significantly affecting the resource requirements. Different metrology products can be used independently or as integrated systems for functions such as measurement (3D), quality control or inspection, reverse engineering, product quality optimization, or to minimize need of reworks, and reduce scrap/waste generation during the manufacturing process. However, considering the high cost of such precision equipments, it becomes financially challenging for manufacturers to be able to keep their inventory at par with technological developments resulting in new product introduction in the market. This has given rise to service sector, wherein third party vendors are outsourced the instrumentation and measurement section. The metrology services market is broadly categorized into product segments such as coordinate measuring machines (CMM) and optical digitizers and scanners (ODS).

According to expert research analysts, the fastest growing product in the global metrology services market is ODS. This segment is expected to grow at a CAGR of 8.9% to reach a valuation of US$435.8...