Innovation Drives the Global Metrology Software Market, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Metrology Software markets. Global market for Metrology Software is projected to reach US$480.4 million by 2018, primarily driven by technology innovation and the perennial need of the manufacturing sector to streamline production processes to achieve cost benefits and improved efficiency.

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Metrology Software: A Global Strategic Business Report

San Jose, California (PRWEB) October 03, 2013

Follow us on LinkedIn - Since the 1970’s, technological advances have led to the advent of computer aided measurement techniques for regulating industrial manufacturing and for quality improvement in various products. Further, with the emergence of the trend towards precision engineering in instrumentation and metrology, the drive towards developing advanced metrology software received a massive boost, which led to the innovation of ground breaking metrology solutions delivering precise results. New generation metrology software solutions are highly intuitive, easy-to-use, full-featured, and customizable. As the manufacturing industry heads towards an era of complete automation, steady demand is expected for metrology software.

Metrology software is used for numerous applications including measurement and evaluation of positional and form tolerances, analysis and understanding of measurements, performing review solutions, and surface defect analysis, among others. Major benefits of metrology software driving its adoption include high design flexibility and accuracy; hardware independent features that allow the software to support multiple combinations of legacy hardware; and ability to integrate several functions within a single unit thereby minimizing space requirements and size of equipment.

Also driving growth in the market is international standardization of metrology that addresses common issues such as how often each quantity will be measured and what specific instrument technology will be used to measure the same. Standardization of measurements used in metrology software has enabled high levels of interoperability and easier integration into metrology equipment. Another key driver offering significant growth opportunities includes the software’s increasing application in the manufacture of various parts and components in core industries such as textile, biomedical, automotive, heavy equipment, aerospace and shipbuilding, renewable energy, electronics, defense, telecommunications, satellites and space, consumer goods and household appliances, among others.

Technology innovations in metrology software such as Point Cloud Metrology Software, Geometric Dimensioning and Tolerancing, Laser Scanning Technology, On-Machine Metrology Software, Multisensor Metrology Software, Automated Metrology Software and Robotic Metrology have all contributed to its widespread adoption in the manufacturing sector.

As stated by the new market research report on Metrology Software, Asia Pacific represents the largest and the fastest growing regional market worldwide with a CAGR of 7.9% over the analysis period. Key growth drivers in the region include steady economic development, healthy rise in consumption, and increasing automation of manufacturing units.

Key players covered in the report include 3D Systems Corporation, Aberlink Innovative Metrology LLP, AICON 3D Systems GmbH, BuildIT Software & Solutions Ltd, Carl Zeiss Industrial Metrology, Creaform Inc., Delcam Plc, FARO Technologies Inc., Heidenhain Corp., Hexagon AB, Hexagon Metrology Inc., New River Kinematics Inc., Image Metrology A/S, Innovative Metrology Solutions, InnovMetric Software Inc., Konica Minolta Sensing Americas Inc., Kotem Technologies Inc., Metrologic Group SA, Metrology Software Products Ltd, Micro-Vu Corporation, Mitutoyo America Corporation, Nikon Metrology Inc., Optical Gaging Products, RAM Optical Instrumentation, Renishaw Plc, Rudolph Technologies Inc., The L.S. Starrett Company and Verisurf Software Inc., among others.

The research report titled “Metrology Software: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the metrology software market, industry overview, trends, growth drivers and issues, and recent industry activity. The report provides market estimates and projections for metrology software in value (US$) for major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, South Korea, Taiwan and Rest of Asia-Pacific), Middle East & Africa, Latin America.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Metrology_Software_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
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Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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