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Analysis of the Global Dimensional Metrology Market in the Automotive Industry

  • June 2014
  • -
  • Frost & Sullivan
  • -
  • 215 pages

Summary

Table of Contents

Growing Emphasis on Automation to Drive Investments

This study provides an in-depth analysis of the global dimensional metrology market in the automotive industry. The market segments are divided by co-ordinate measuring machines, optical scanners and digitizers, vision measuring machines, measurement gages, and inline metrology. The 2 key solution areas analyzed are automotive powertrain and body-in-white. Segments contain market revenue, trends, competitive landscape, market share, and future opportunities. The study also explores Mega Trends such as New Business Model: Value for Money, Innovating to Zero, and Smart is the New Green as a way to relate their impact on the dimensional metrology market. The study period covers 2011 through 2018 with a base year of 2013.

Key Findings

-North America and Europe are likely to remain the research and development (R&D) hubs for the automotive industry and continue attracting demand for high accuracy dimensional metrology equipment for R&D applications.
-Asia-Pacific (APAC) holds a key position for opportunity in the global dimensional metrology market in the automotive industry due to the concentration of small- and medium-sized automotive vendors present in this region.
-Japan, India, and China are expected to be key target markets for high-end and low-cost metrology machines.
-Hexagon Metrology, Carl Zeiss, Faro Technologies and Mitutoyo are currently amongst the top suppliers, accounting over % market share.
-Companies with the right product mix at affordable prices are likely to sell at a high volumes in price-sensitive economies such as Brazil, Russia, India, China, Turkey, and Philippines.
-Regional companies in APAC are likely to gain prominence by selling machines in the domestic market. Companies will need to strike a balance in the breadth of product portfolio and price ranges to meet the varying demands of customers in different regions.
-Accelerating the mass production of machineries is likely to increase profit margins.
-As with many new technologies, concern exists over the durability of components and systems, particularly within hostile environments; therefore, improvements in technology and the subsequent increase in user confidence is expected only in the long term.
-Body in white (BIW) is expected to contribute to a % CO2 emission reduction by 2020 as key global original equipment manufacturers (OEMs) target at least 100 kg reduction year on year (YoY).
-Within each focus area, materials such as advanced high-strength steel (AHSS), aluminum (Al), carbon fiber reinforced plastics (CFRP) as well as innovative joining techniques such as collar joining and friction stir welding (FSW) are expected to contribute up to nearly half of overall weight reduction by 2020.
-Finally, platform strategies create a unique opportunity for substitution materials to be applied across a wider variety of vehicle segments, bringing scales of sustainability. Such trends the in end-user industry are likely to increase demand for the latest measuring machines with high accuracies.
-Dimensional metrology manufacturers prefer building personal relationships with key automotive manufacturers.
-Leading companies prefer engaging with channel partners to market equipment to medium- and small-sized automotive vendors.
-For inline metrology, building strategic relationship with industrial automation companies is likely to create a strong sales pipeline for dimensional metrology market participants.
-Increasing digital marketing presence is likely to increase brand visibility.

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