Market Share of Industrial Metrology Industry
The industrial metrology market is competitive, owing to the presence of many players. The market is moderately concentrated, with the major players applying strategies like product innovations and mergers and acquisitions. Also, companies are involved in several growth and expansion strategies to gain a competitive advantage in the market.
- August 2022 - LMI Technologies (LMI), a major developer of 3D scanning and inspection solutions, has announced the official release of its latest Gocator 2600 Series of 4K+ resolution smart 3D laser line profile sensors. These factory pre-calibrated sensors come modified with custom optics and a powerful 9-megapixel imager to deliver 4200 data points per profile for high-resolution 3D scanning and inspection across broad fields of view in applications such as battery inspection, building materials, automotive, rubber and tire production, and general factory automation.
- March 2022 - Hexagon AB has announced the acquisition of ETQ, a SaaS-based quality management system (QMS), environment, health and safety software, and compliance management software. The company will operate as part of Hexagon's Manufacturing Intelligence division. ETQ's multitenant QMS software, ETQ Reliance, provides the data backbone for automating the collection and delivery of manufacturing quality control data, nonconformance reports, and customer feedback.
Industrial Metrology Market Leaders
Hexagon AB
Renishaw PLC
FARO Technologies
Nikon Metrology
Carl Zeiss AG
*Disclaimer: Major Players sorted in no particular order
