Frost & Sullivan: Nanotechnology Intensifies Global Demand for High-precision Dimensional Metrology in Electronic Manufacturing
The market will grow the fastest in developed economies, with North America in the lead
MOUNTAIN VIEW, Calif., Aug. 21, 2013 /PRNewswire/ -- Advancements in nanotechnologies have increased the global demand for high-precision dimensional metrology equipment in electronic manufacturing. Regulations that place emphasis on product quality have further compelled the installation of dimensional metrology and sustained market revenues.
New analysis from Frost & Sullivan (http://www.testandmeasurement.frost.com), Analysis of the Global Dimensional Metrology Market in Electronic Manufacturing, finds that the market earned revenue of $1.91 billion in 2012 and estimates this to reach $2.55 billion in 2017. The study covers coordinate measuring machines and optical digitizer and scanners.
If you are interested in more information on this research, please send an e-mail to Jeannette Garcia, Corporate Communications, at email@example.com, with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.
Miniaturization has led to the economical and sustainable manufacturing of complex, innovative and energy-efficient electronic products, boosting the need for dimensional metrology equipment to enable higher accuracy nanometer and micrometer-scale level measurements. Solutions such as vision measuring machines and white-light scanners that measure intricate objects rising are gaining popularity in the rapidly growing semiconductor and electronics industries.
"Under competitive pressure to improve quality, end users are also turning to dimensional metrology for the efficient inspection of manufactured products," said Frost & Sullivan Measurement and Instrumentation Research Analyst Aravind Govindan. "Stringent quality norms requiring customers to adopt design, manufacturing and quality process methodologies have further increased the uptake of customized metrology solutions globally."
Although the uncertain global economic environment is likely to curb investments – especially in the Eurozone – the dimensional metrology market will bounce back as the economy makes a gradual recovery. However, expensive, high-end sophisticated metrology machines may not find buyers in cost-conscious regions, like the Asia-Pacific – where electronics manufacturers do not see dimensional metrology equipment as a necessity.
"Offering low-cost equipment and launching marketing initiatives, particularly in Asia-Pacific, are crucial for sustainable growth," observed Govindan. "Customized solutions will widen the prospects of dimensional metrology vendors and add to profitability."
The markets in developed economies will grow with North America likely to experience highest growth because end users have been at the forefront of adopting dimensional metrology to streamline the quality process and improve manufacturing efficiency.
Analysis of the Global Dimensional Metrology Market in Electronic Manufacturing is part of the Test & Measurement Growth Partnership Service program. Frost & Sullivan's related research services include: Global Dimensional Metrology Market in Emerging Economies, Global Metrology Services Market, Optical Digitizer and Scanners Market, and Vision Measuring Machines Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Analysis of the Global Dimensional Metrology Market in Electronic Manufacturing
Corporate Communications – North America
LinkedIn: Future of Measurement and Instrumentation
SOURCE Frost & Sullivan
More by this SourceView all news by Frost & Sullivan
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.