Africa Industrial Metrology Market Size By Type (Hardware, Software, Solutions), By Equipment (Coordinate Measuring Machine, Measuring Instrument), By Application (Quality Control and Inspection, Reverse Engineering, Mapping and Modelling), By End-User (Manufacturing, Aerospace and Defense, Automotive) And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Africa Industrial Metrology Market Size And Forecast

Africa Industrial Metrology Market size was valued at USD 252.02 Million in 2020 and is projected to reach USD 366.69 Million by 2028, growing at a CAGR of 5.20% from 2021 to 2028.

Africa is increasingly gaining traction as a potential market with a growing manufacturing industry majorly driving the demand for industrial metrology products. The Africa report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Africa Industrial Metrology Market Definition

Metrology is mainly defined as a science of measurement and its application. It includes the overall theoretical and practical aspects of measurement, including the uncertainty and field of application. The prime objective of metrology is to ensure the factors such as accuracy, stability of measurement, coherency, and comparability. The application of metrology is conducted through network of services, suppliers and it presents a necessary bridge for the communications regarding the uniformity of measurement across the globe. Uniform measurement standards such as SI units provide a streamline operation, resulting in a more cohesive work across the vast range of applications.

Industrial metrology, also referred to as Applied Metrology majorly refers to the maintenance, calibration, and quality control of measurement instruments used in industry. The industrial metrology equipment, products, and software are increasingly gaining traction on account of the rising global competitiveness, changing consumer taste, varying network of supply chain, growth of e-commerce and increasing application of data analytics, resulting in further stricter need of quality control and the greater need of uniformity of measurement across the product’s quality during the supply chain operations.

The automotive sector is expected to be one of the major end user industry for metrology-related products and technologies. According to the IndustriALL, global union federation, a number of multination automotive manufacturers are setting up production plants in countries such as Nigeria, Rwanda, South Africa, Ghana, Kenya, Angola, Ethiopia, Namibia, among others indicating a potential growth for the sector and in turn, the region’s industrial metrology demand across the forecast period.

Africa Industrial Metrology Market Overview

Africa is increasingly gaining traction as a potential market with a growing manufacturing industry majorly driving the demand for industrial metrology products. African manufacturing industry is growing on account of factors such as continued economic growth in several major countries, rising regional economic integration, and diversification; untapped natural resources; increasing penetration of internet and mobile technology; and growing young demographic.

Hey, so the United Nations University World Institute for Development put out a report in 2021, and it looks like manufacturing in sub-Saharan Africa isn't growing as fast as in other developing areas. But, good newsafter a period of deindustrialization from 2016 to the late 2010s, there's been a little growth recently, which is a hopeful sign! The report also mentions that countries like South Africa, Ethiopia, Nigeria, and Kenya are big players – they, along with 14 other sub-Saharan countries, make up about three-quarters of Africa's GDP. And to really boost the quality of manufacturing, so it's on par with other regions, the report suggests using standard metrology equipment. This could really drive the market forward.

Africa Industrial Metrology MarketSegmentation Analysis

The Africa Industrial Metrology Market is segmented on the basis of Type, Equipment, Application, And End-User.

Africa Industrial Metrology Market, By Type

• Hardware• Software• Solutions• Services

To Get Summarized Market Report By Type-

Based on Type, the market is bifurcated into Hardware, Software, Solutions, and Services. Hardware segment accounted for the largest market share in 2020 and is projected to grow at a CAGR of 5.50% over the forecast period.

Hardware products used in the manufacturing sector include coordinate measuring machines (CMMs), optical scanners, and X-ray CT system. Manufacturers upgrading to smart factories have made investments in hardware facility enabling implementation of a high level of prototype evaluation and quality control. Hardware plays a crucial in several manufacturing industries ensuring a smooth operation of business. The African region is full of opportunities and growth. It is backed by a robust manufacturing sector.

In Africa, emphasis is given to the development of hardware solutions rather than just software solutions. Youngsters in the region are also coming with intelligent and interconnected hardware solutions. This is expected to increase the use of hardware solutions in smart manufacturing. Manufacturing sector has gained spotlight in recent years in the region.

Government policies are directed towards boosting the manufacturing sector. For instance, South African government has announced financial support options to manufacturing entrepreneurs. If industry stakeholders remain committed to their objectives, Africa’s manufacturing output’s capacity is expected to exceed USD 1 trillion by 2025. Growing political stability, growing investment prospects, and rapid urbanization is expected to expand the manufacturing sector in the coming years here for various industries such as automotive, electronics, and aerospace and defence in the years to come creating demand for Industrial Metrology.

Africa Industrial Metrology Market, By Equipment

• Coordinate Measuring Machine• Measuring Instrument• Optical Digitizer And Scanner• X-Ray And Computed Tomography• 2d Equipment• Automated Optical Inspection

To Get Summarized Market Report By Equipment-

On the basis of Equipment, the Africa Industrial Metrology Market has been segmented into coordinate measuring machine, measuring instrument, optical digitizer and scanner, x-ray and computed tomography, 2d equipment and automated optical inspection. Coordinate measuring machine segment accounted for the largest market share in 2020 and is projected to grow at a CAGR of 5.62% during the forecast period. Measuring instrument segment was the second-largest market in 2020.

Think of a coordinate measuring machine, or CMM, as a super-precise robot that can "feel" its way around an object using a probe. It's like giving the object a really, really detailed checkup! This equipment uses the probe to find specific points on the object's surface and then figures out its exact shape and size. You can get CMMs in two main flavorscontact, which uses touch probes (often with a spherical tip) to physically touch the object, and non-contact, which uses things like cameras or lasers to "see" the object without touching it. CMMs are masters of measuring height, width, and depth, using clever coordinate processing tricks. They can automatically measure a target, jot down all the data, and even give you GD&T measurements. And the best part? A CMM can accurately measure really complex shapes that would be a nightmare for other machines!

Africa Industrial Metrology Market, By Application

• Quality Control and Inspection• Reverse Engineering• Mapping and Modelling• Others

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On the basis of Application, the Africa Industrial Metrology Market has been segmented into quality control and inspection, reverse engineering, mapping and modelling, and others. Quality control and inspection segment accounted for the largest market share in 2020 and is projected to grow at a CAGR of 5.38% during the forecast period. Reverse Engineering segment was the second-largest market in 2020.

Reverse engineering, or as some call it, back engineering, is like taking something apart to see how it works. Think of it as dismantling machines, software, even aircraft, to figure out their design secrets. Mostly, it's about breaking down big things into their little pieces. It lets manufacturers see how something was made so they can make it again. Now, over the last 100 years, tons of machine products and parts have been created. Even though tech keeps moving forward, and some things become outdated, some old parts are still kicking around! When one of those old parts goes belly up, we usually just replace the bad part, not the whole device, you know?

Africa Industrial Metrology Market, By End-User

• Manufacturing• Aerospace And Defense• Automotive• Semiconductor• Others

To Get Summarized Market Report By End-User-

On the basis of End-User, the Africa Industrial Metrology Market has been segmented into Manufacturing, Aerospace and Defense, Automotive, Semiconductor, and Others. Manufacturing segment accounted for the largest market share in 2020 and is projected to grow at a CAGR of 5.68% during the forecast period. Aerospace & Defense segment was the second-largest market in 2020.

The car industry in Africa is really taking off! Building cars here is becoming a pretty sweet deal for manufacturers because of the affordable labor and tax breaks. Plus, there's a growing need for spare parts too. To help things along, the African Association of Automotive Manufacturers (AAAM) was created in 2015 to boost the industry's growth. They're working with governments to make things attractive for investors. And get thisThe Brookings Institution reported in 2018 that Africa has around 1.2 billion consumers now, and that number is expected to jump to 1.7 billion by 2030. That's a lot more people who'll probably want cars! So, if you're in the Industrial Metrology business, Africa's automotive industry is looking like a great place to be, since manufacturing is only going to get bigger.

Key Players

The “Africa Industrial Metrology Market” study report will provide a valuable insight with an emphasis on the market including some of the major players such as Zeiss Group, Nikon Metrology, Hexagon, Renishaw, Applied Materials, Faro Technologies, Inc, Perceptron, Inc, & Others. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Key Developments

Company Name

Key Development

Description

NIKONProduct Launch• Nikon introduced the latest CNC video measurement system suitable for inline, automated dimensional measurement.• The VMZ-S4540 and VMZ-S6555 now join the line-up of new VMZ-S systems and are suitable for medium and large components or for loading multiple components.
NIKONPartnership• Mena3D and Nikon Metrology announced to extend their sales partnership in providing metrology and optical inspection solutions in the Middle East and North Africa regions.
ZEISSAcquisition• ZEISS announced the acquisition of GOM, a leading provider of hardware and software for automated 3D coordinate measuring technology.• The acquisition helped the company to expand its industrial metrology and quality assurance portfolio.

Report Scope

REPORT ATTRIBUTESDETAILS
DETAILS

2017-2028

BASE YEAR

2020

FORECAST PERIOD

2021-2028

HISTORICAL PERIOD

2017-2019

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Zeiss Group, Nikon Metrology, Hexagon, Renishaw, Applied Materials, Faro Technologies, Inc, Perceptron, Inc, & Others. 

SEGMENTS COVERED

By Type, By Equipment, By Application, By End-User, and By Geography.

CUSTOMIZATION SCOPE

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