Frost & Sullivan: High Uptake of Low-cost Products in BRIC to Drive the Dimensional Metrology Market
A direct presence in Brazil, Russia, India and China is vital for overall market visibility and growth
The increasing awareness of the need to accurately measure critical components by consumers has been the biggest driver for the dimensional metrology market. There is significant use of metrology in the automotive, aerospace and defense industries. Brazil, Russia, India and China (BRIC) is intensifying its focus on these industries, thus creating a positive outlook for the market.
New analysis from Frost & Sullivan (http://www.testandmeasurement.frost.com), Analysis of the Dimensional Metrology in Emerging Economies, finds that the market earned revenue of $203.9 million in 2011 and estimates this to reach $275.6 million in 2016. The study covers the market segments of coordinate measuring machines (CMM) and the optical digitizer and scanner (ODS).