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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 on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

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

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.

According to the United Nations University World Institute for Development 2021 report, the growth of the manufacturing activity in sub-Saharan Africa is lower than as compared to other developing regions, its minimal recent growth in the sector after the deindustrialization trend during 2016 to late 2010 period, indicates a positive trend for the upcoming period. As per the report, countries such as South Africa, Ethiopia, Nigeria, and Kenya are among the 18 sub-Saharan counties accounting for third fourth of the GDP of Africa. The growth of the manufacturing quality to be on a subpar of the other region’s output is expected to be driven by the use of standard metrology equipment, driving its market across the forecast period

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

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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

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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.

A coordinate measuring machine is an equipment which senses the discrete points on the surface of the object with the help of a probe and ultimately measures the geometry of physical objects. A coordinate measuring machine (CMM) is available as contact or a non-contact model. The contact model uses touch probes and a spherical object used to perform measurements where as a non-contact model, uses other objects such as cameras and lasers. Furthermore, CMMs deal with the measurement of height, width, and depth of the part using coordinate processing technology. They automatically measure the target, record the measured data, and obtain geometric dimensioning and tolerancing (GD&T) measurements. One of the major advantages of coordinate measuring machine (CMM) is that it can accurately measure objects that are difficult to measure with 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, also known as back engineering, is a process in which machines, software, aircraft, and other products are dismantled to extract design information from them. Reverse engineering mostly involves deconstructing individual components of larger products. The reverse engineering process enables manufacturers to determine how a part was designed so that it can be recreated. Since over past 100 years, manufacturers have developed millions of machine products and parts. Due to continuous technological advancements, few of these products still stay relevant even after several years, however, several old parts used in machines have stood the test of time. When the part malfunctions or breaks down completely, replacement of the component is done, and not the whole device

Africa Industrial Metrology Market, By End-User

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

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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 automotive manufacturing industry in Africa is growing fast pace. Automotive production in the region serves as lucrative opportunity for manufacturers owing to the advantages of low-labour costs and tax holidays. Demand for automobile spare parts is also growing in the region. In 2015, the African Association of Automotive Manufacturers (AAAM) was formed. Its focus is expansion of the automotive industry in the region. The association works with key governments to create policies that will attract investors promoting growth in the automotive industry. According to a research study published by The Brookings Institution (2018), at present the number of consumers in Africa stands around 1.2 billion and is projected to rise to 1.7 billion by 2030. This is further expected to increase the demand for passenger vehicles and thus the automotive industry in the region. Thus, the African automotive industry holds lucrative opportunities for Industrial Metrology solution providers as demand for manufacturing is expected to increase in the years to come.

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

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

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Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.• Provision of market value (USD Billion) data for each segment and sub-segment.• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as w

Table of Content

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