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European Large Scale Metrology Market Hinges on Aerospace Growth

More than ever, 3-D metrology equipment manfacturers need to prove ROI.

Wed, 07/08/2009 - 12:16
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(Frost and Sullivan: London) -- The European large scale micro metrology market is anticipated to register low growth during the first few quarters of 2009 due to the economic downturn. An upturn in the economic situation by the last quarter of 2009 is set to spur market growth with resurgent demand from the automotive industry. With an operational and capital expenditure freeze in all end-user segments, growth in this market is dependent on demand from the aerospace industry.

New analysis from Frost & Sullivan, "European Large Scale Micro Metrology Market," finds that the market earned revenues of $117.2 million in 2008 and estimates this to reach $199.7 million in 2013. The following markets are covered in the research: laser scanner, laser tracker (including indoor global positioning systems), industrial photogrammetry and white light scanners.

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