1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
  4. > Analysis of the Global Dimensional Metrology Market in the Aerospace Industry

Adoption of Large CMMs and Laser Trackers will Lead to Strong Market Growth

This research service provides detailed analysis of the global dimensional metrology market in the aerospace industry. The key technologies covered in this report are coordinate measuring machines (CMM), optical digitizers and scanners (ODS), vision measuring machines (VMM), and measurement gages. In addition to these technologies, this study covers key application areas such as aerostructures and aeroengines. Revenue forecast, Unit shipment, pricing trends, competitor analysis, competitive structure, and distribution channels are discussed in detail for each segment and each region, including North America, Europe, Asia-Pacific, and Rest of World.

Key Findings

•In 2012, the total global dimensional metrology market in the aerospace industry generated $X million in revenue.
•The coordinate measuring machines (CMM) segment is expected to grow at a compound annual growth rate (CAGR) of X% from 2012 to 2017.
•Frost & Sullivan foresees the dimensional metrology market will gain support from the economic revival to achieve moderate growth throughout the forecast period.
•A significant factor driving demand for the dimensional metrology market is the increasing need for high accuracy because of growing fuel efficiency initiatives undertaken by aerospace manufacturers.
•Key factors expected to impact demand include increasing interest of aerospace manufacturers in building up a regional aerospace supplier base and moving aerospace manufacturing plants to Asia-Pacific (APAC).
•A growing supplier base in the aerospace industry will likely bring in market opportunities for the dimensional metrology market. Growing Tier II and III aerospace suppliers will likely procure low- and mid-range priced dimensional metrology machines.
•Some key factors restraining market demand are related to limited government program funding because of tight budgets in the aerospace industry, the wide variety of dimensional metrology solutions available, and a slow technology adoption rate.

North America and Europe are pioneers in this industry, with several key industry participants. The markets are nearing maturity, and companies in these regions are expanding to emerging countries by forming strategic alliances. Dimensional metrology vendors will continue to deliver high-end custom solutions to key aerospace manufacturers.
Countries such as Russia are showing increased activity in the aerospace industry. This region is slowly catching up with its Western counterparts.
Such trends will generate moderate growth in dimensional metrology equipment adoption.
Emerging APAC countries such as China and India have increased their activity in the aerospace industry. In 2010 and 2011, in the list of top aerospace spenders, China stood second, and the United States and India stood fifteenth.
Latin America is the only region generating aggregate in the aviator sector from 2009 to 2012.
Such regional growth is expected to generate increased adoption of dimensional metrology equipment in the aerospace industry in APAC.

CEO’s Perspective

1. Key dimensional metrology vendors are building up capabilities to provide all technologies for aerospace industries.
2. Dominance of leading dimensional metrology companies will likely increase throughout the forecast period.
3. Building capabilities to deliver customized solutions will boosts profit margins.
4. Sale of stand-alone dimensional metrology equipment such as CMM, ODS, VMM and measurement gages will likely remain fragmented.
5. A direct presence in APAC is the key approach for market visibility.

Competitive
Issues: Key applications such as aerostructures and aeroengines are the stronghold for the top X competitors, which is mainly from high entry barriers.

Customer
Issues: Customers have a limited choice of suppliers; therefore, the bargaining power is less.

Integrated Industry
Issues: Most companies are vertically integrated; however, niche participants specialize in key markets. For example, Hexagon Metrology and Coord3 Industries S.r.l. dominate gantry-type CMMs.

Technology
Issues: The aerospace industry is undergoing rapid technological change, with the demand for fuel-efficient aircraft on the rise. Dimensional metrology vendors are delivering conventional CMMs and laser trackers, with a set of new accessories such as scanners and probes to provide flexibility in measuring objects.

Global
Issues: Managing the global supply chain is the current issue to reduce the delivery and installation period.

Best Practices
Issues: The addition of intangible benefits such as training is increasing.

Economic
Issues: Key economic issues that dimensional metrology vendors are facing include the tradeoff between cost arbitrage while moving manufacturing to low-cost countries and managing the global supply chain.

Key Questions This Study Will Answer

Is the market growing, how long will it continue to grow, and at what rate?
Which of the dimensional metrology market segments is presenting major growth opportunities?
What are the latest key technological trends present in the global dimensional metrology market in the aerospace industry? What impact do these trends have on the industry?
How will the structure of the market change with time?
Are the products/services offered today meeting customer needs, or is there additional development needed?
Are the vendors in the space ready to go it alone, or do they need partnerships to take their business to the next level?

Table Of Contents

Analysis of the Global Dimensional Metrology Market in the Aerospace Industry
Table of Contents

1. Executive Summary
• Key Findings
• Market Engineering Measurements
• CEO's Perspective
2. Market Overview
• Market Definitions
• Key Questions This Study Will Answer
• Market Overview—Segmentation
• Aerospace Industry Value Chain
• Market Overview—Distribution Channels
3. Total Dimensional Metrology Market in the Aerospace Industry
• Drivers and Restraints
- Market Drivers
- Drivers Explained
- Market Restraints
- Restraints Explained
• Forecast and Trends
- Market Engineering Measurements
- Forecast Assumptions
- Revenue Forecast
- Revenue Forecast Discussion
- Pricing Trends
- Percent Revenue Forecast by Region
- Revenue Forecast by Region
- Regional Market Lifecycle Analysis
- Distribution Channel Revenue Forecast Discussion
• Demand Analysis
- Penetration Analysis by Segment
- Penetration Analysis
• Market Share and Competitive Analysis
- Market Share
- Market Share Analysis
- Competitive Environment
- Top Competitors—SWOT Analysis
- Competitive Analysis—Competitive Benchmarking
- Competitive Factors and Assessment
4. CMM Segment Breakdown
• Key Findings
• Market Engineering Measurements
• Revenue Forecast
• Revenue Forecast Discussion
• Pricing Trends and Forecast Discussions
• Revenue Forecast by Product Segment
• Market Share
• Market Share Analysis
• Competitive Environment
• Product Segment Competitive Environment
5. ODS Segment Breakdown
• Key Findings
• Market Engineering Measurements
• Revenue Forecast
• Revenue Forecast Discussion
• Pricing Trends and Forecast Discussions
• Revenue Forecast by Product Segment
• Market Share
• Market Share Analysis
• Competitive Environment
• Product Segment Competitive Environment
6. VMM Segment Breakdown
• VMM Segment: Key Findings
• Market Engineering Measurements
• Revenue Forecast
• Revenue Forecast Discussion
• Pricing Trends and Forecast Discussions
• Revenue Forecast by Product Segment
• Market Share
• Competitive Environment
• Product Segment Competitive Environment
7. Measurement Gages Segment Breakdown
• Key Findings
• Market Engineering Measurement
• Revenue Forecast
• Revenue Forecast Discussion
• Pricing Trends and Forecast Discussions
• Revenue Forecast by Product Segment
• Market Share
• Competitive Environment
• Product Segment Competitive Environment
8. Key Application Area Breakdown
• Key Findings
• Market Overview- Key Application Areas Segmentation
• Overview of Key Application Areas
• Custom Solutions—Market Overview
• Overview of Dimensional Metrology Products for Aerostructure
• Application Area
• Market Share
• Market Share Analysis
• Framework Conceptualized by Leading Dimensional Metrology Companies
9. North America Breakdown
• Revenue Forecast
• Revenue Forecast Discussion
• Competitive Environment
10. Europe Breakdown
• Revenue Forecast
• Revenue Forecast Discussion
• Competitive Environment
11. Asia-Pacific Breakdown
• Revenue Forecast
• Revenue Forecast Discussion
• Competitive Environment
12. Rest of World Breakdown
• Revenue Forecast
• Revenue Forecast Discussion
• Competitive Environment
13. The Last Word
• The Last Word—3 Big Predictions
• Legal disclaimer
14. Appendix
• Market Engineering Methodology
• Additional Sources of Information
• List of Other Participants
• Learn More—Next Steps

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Electrically Conductive Adhesives Market by Type, Chemistry, Application, Filler Material - Global Forecast to 2021

Electrically Conductive Adhesives Market by Type, Chemistry, Application, Filler Material - Global Forecast to 2021

  • $ 5650
  • Industry report
  • November 2016
  • by MarketsandMarkets

“Growing use of electronic components across various applications drives the electrically conductive adhesives market” The global electrically conductive adhesives market is projected to reach USD ...

Global Smart Gas Meter Market Insights, Opportunity, Analysis, Market Shares And Forecast 2016 – 2022

Global Smart Gas Meter Market Insights, Opportunity, Analysis, Market Shares And Forecast 2016 – 2022

  • $ 3900
  • Industry report
  • September 2016
  • by Occams

The smart gas meter market is anticipated to grow from $1.59 billion in 2016 to $2.27 billion by 2022, with a CAGR of 8.53% for the forecasted year 2016 to 2022. Some key driving factors are government ...

Global and Chinese Interferometer Industry, 2016 Market Research Report

Global and Chinese Interferometer Industry, 2016 Market Research Report

  • $ 3000
  • Industry report
  • November 2016
  • by Prof Research

The ’Global and Chinese Interferometer Industry, 2011-2021 Market Research Report’ is a professional and in-depth study on the current state of the global Interferometer industry with a focus on the ...


ref:plp2013

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.