A new Frost & Sullivan study provides an executive outlook of the growth opportunities in the global in-line metrology market until 2021. The report provides market revenue forecasts until 2021 for global optical scanners and digitizer technologies, such as machine vision, in-line CMMs, white-light scanners, and laser-line scanners. It also highlights market drivers, restraints, and opportunities and analyzes the regional influence on market dynamics. Frost & Sullivan claim the report will help companies develop an actionable set of recommendations for market entry and growth in the global in-line metrology market.
The report details growth opportunities with end-user preferences including demand for optical scanners remaining strong especially in the automotive body-in-white and part stamping applications areas as end users are reluctant to purchase again conventional inline Coordinate Measuring Machines.
Market and technological developments in scanners and machine vision will continue to favor optical metrology as felxibility, cost effectiveness and reliability are now up to par with CMMs.
Machine vision and white light scanners are likely to witness growth rates across the automotive industry globally.
Key questions the Frost & Sullivan Study is said to answer:
– Is the market growing? How long will it continue to grow, and at what rate?
– Are the existing competitors structured correctly to meet customer needs?
– Is this an industry or a market? Will these companies/products/services continue to exist, or will other companies acquire them? Will the products/services become features in other markets?
– How will the structure of the market change with time? Is the market ripe for acquisitions?
– Are the products/services offered today meeting customer needs or is additional development needed?
– Are the vendors in the space ready to go it alone, or do they need partnerships to take their businesses to the next level?
For more information: www.frost.com