Metrology Services: Worldwide Market Forecasts to 2025 - Atos, Cognizant Technology Solution Corp, Genpact, and Infosys are the Leading Players
DUBLIN, Oct. 31, 2018 /PRNewswire/ --
The "Metrology Services Market Size, Share & Trends Analysis Report By Product (Optical Digitizer & Scanner, Coordinate Measuring Machine), By Application (Industrial, Automotive), And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
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The global metrology services market size is expected to reach USD 1.08 billion by 2025. It is anticipated to expand at a CAGR of 7.3% over the forecast period.
Rapid development of new metrology software packages has been a major factor driving market growth. Increased adherence to international quality standards across the end-use industries has led to the high utilization of metrology services. There is an escalating demand for metrology services for industrial and power generation application.
Market for Coordinate Measuring Machine (CMM) is expected to witness a substantial CAGR of 8% by 2025. Optical Digitizer and Scanner (ODS) based metrology products accounted for maximum revenue generation in 2016. Europe was prominent market for metrology services and generated revenue worth USD 189.3 million in 2016. Metrology services market for industrial application was valued at USD 145.7 million in 2016 and is expected to continue expanding at a steady CAGR over the forecast period.
Key Findings
Companies Profiled
-- Metrology services for industries emerged as the largest application segment in 2015 and is estimated to witness impressive growth over the forecast period. -- ODS emerged as the most prominent metrology services in 2015. It is anticipated to expand at a CAGR of 6.8% over the forecast period. -- Asia Pacific is projected to witness substantial expansion over the forecast period owing to industrial developments and high demand from power generation applications from major economies. -- Key metrology services market players are Atos SE, Cognizant Teachnology Solution Corporation, Genpact Ltd., and Infosys Ltd.
-- Atos SE -- Automation Anywhere Inc. -- Be Informed B.V. -- Blue Prism Group PLC -- Cicero Inc. -- Cognizant Technology Solutions Corporation -- Genfour -- Genpact Ltd. -- Infosys Ltd. -- IPsoft, Inc. -- Jacada, Inc. -- Kofax Ltd. -- Kryon Systems -- OpenConnect Systems Inc. -- OpenSpan Inc. -- Sutherland Global Services Inc. -- Thoughtonomy -- UiPath Inc. -- Verint Systems Inc.
Topics Covered
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Metrology Services Industry Outlook
Chapter 4 Metrology Services: Product Estimates & Trend Analysis
Chapter 5 Metrology Services: Application Estimates & Trend Analysis
Chapter 6 Metrology Services: Regional Estimates & Trend Analysis
Chapter 7 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/l9bb43/metrology?w=5
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