Metrology Software Vendors Set To Leverage IIoT-induced Boom In Manufacturing Automation

Smart Manufacturing With Industrial IoT

Santa, Clara, California: As Manufacturing 4.0 and the Industrial Internet of Things (IIoT) accelerate automation and in-line metrology adoption, the metrology software market will see strong growth. Manufacturers’ use of robotic arms and sensors, and focus on speed, precision, and actionable insights from burgeoning data, further highlight the expanding role of software. As newer technologies, non-contact inspection, and big data analysis drive the growth of metrology software, its application is shifting from mere inspection to analysis and reverse engineering. While solution providers and pure software vendors offer metrology software, the former remain the dominant sales channel with the latter mostly selling products to or collaborating with them.

Analysis of the Global Metrology Software Market, Forecast to 2021, new research from Frost & Sullivan’s Test & Measurement Growth Partnership Service, finds that the metrology software market for inspection, analysis, and reverse engineering services will be worth US$526.6 million in 2021. The study explores market potential in automotive, aerospace, electronic manufacturing, and other industries, such as metal fabrication, heavy machinery, machine shops, and medical devices in North America, Europe, Asia-Pacific, and the Rest-of-World (Africa, Latin America, Middle East, and Russia).

Several trends and developments are driving the global metrology market:

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  • Smart factories and newer applications in additive manufacturing and reverse engineering
  • Continuous development of advanced nanotechnology, flexible electronics, smart materials, and green manufacturing
  • Demand for 3D/optical scanners in the automotive and aerospace industries
  • Strong installed base in North America and Europe
  • Shift in manufacturing to emerging economies of APAC, such as India and China
  • Integration of multi-sensor systems with existing Coordinate Measuring Machines (CMM) to provide flexibility of operation and generate data insights
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