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Analysis of the Global Dimensional Metrology Market in the
Aerospace Industry Adoption of Large CMMs and Laser Trackers will Lead to Strong Market Growth
NC94-30
November 2013
2 NC94-30
Research Team
Aravind Govindan
Senior Research Analyst
Measurement & Instrumentation
aravindG@frost.com
Research Manager
Vijay Mathew
Program Manager
Measurement & Instrumentation
vijay.mathew@frost.com
For more information:
Jeannette Garcia
Corporate Communications
Measurement & Instrumentation
+1.210.477.8427
Jeannette.Garcia@frost.com
Lead Analyst
3 NC94-30
Table of Contents
Section Slide Number
Executive Summary 11
• Key Findings 12
• Market Engineering Measurements 15
• CEO’s Perspective 17
Market Overview 19
• Market Definitions 20
• Key Questions This Study Will Answer 24
• Market Overview—Segmentation 25
• Aerospace Industry Value Chain 26
• Market Overview—Distribution Channels 28
Total Dimensional Metrology Market in the Aerospace Industry -
• Drivers and Restraints 29
o Market Drivers 30
o Drivers Explained 31
o Market Restraints 35
o Restraints Explained 36
4 NC94-30
Table of Contents (continued)
Section Slide Number
• Forecast and Trends 39
o Market Engineering Measurements 40
o Forecast Assumptions 43
o Revenue Forecast 47
o Revenue Forecast Discussion 48
o Pricing Trends 51
o Percent Revenue Forecast by Region 53
o Revenue Forecast by Region 54
o Regional Market Lifecycle Analysis 55
o Distribution Channel Revenue Forecast Discussion 56
• Demand Analysis 57
o Penetration Analysis by Segment 58
o Penetration Analysis 59
• Market Share and Competitive Analysis 60
o Market Share 61
5 NC94-30
Section Slide Number
o Market Share Analysis 62
o Competitive Environment 64
o Top Competitors—SWOT Analysis 65
o Competitive Analysis—Competitive Benchmarking 67
o Competitive Factors and Assessment 68
CMM Segment Breakdown 69
• Key Findings 70
• Market Engineering Measurements 71
• Revenue Forecast 72
• Revenue Forecast Discussion 73
• Pricing Trends and Forecast Discussions 76
• Revenue Forecast by Product Segment 77
• Market Share 78
• Market Share Analysis 79
• Competitive Environment 81
Table of Contents (continued)
6 NC94-30
Table of Contents (continued)
Section Slide Number
• Product Segment Competitive Environment 82
ODS Segment Breakdown 84
• Key Findings 85
• Market Engineering Measurements 86
• Revenue Forecast 87
• Revenue Forecast Discussion 88
• Pricing Trends and Forecast Discussions 90
• Revenue Forecast by Product Segment 92
• Market Share 93
• Market Share Analysis 94
• Competitive Environment 95
• Product Segment Competitive Environment 96
VMM Segment Breakdown 98
• VMM Segment: Key Findings 99
• Market Engineering Measurements 100
7 NC94-30
Table of Contents (continued)
Section Slide Number
• Revenue Forecast 101
• Revenue Forecast Discussion 102
• Pricing Trends and Forecast Discussions 104
• Revenue Forecast by Product Segment 105
• Market Share 106
• Competitive Environment 107
• Product Segment Competitive Environment 108
Measurement Gages Segment Breakdown 110
• Key Findings 111
• Market Engineering Measurement 112
• Revenue Forecast 113
• Revenue Forecast Discussion 114
• Pricing Trends and Forecast Discussions 116
• Revenue Forecast by Product Segment 117
• Market Share 118
8 NC94-30
Table of Contents (continued)
Section Slide Number
• Competitive Environment 119
• Product Segment Competitive Environment 120
Key Application Area Breakdown 122
• Key Findings 124
• Market Overview- Key Application Areas Segmentation 124
• Overview of Key Application Areas 125
• Custom Solutions—Market Overview 126
• Overview of Dimensional Metrology Products for Aerostructure Application Area
127
• Market Share 129
• Market Share Analysis 130
• Framework Conceptualized by Leading Dimensional Metrology Companies 132
North America Breakdown 133
• Revenue Forecast 134
• Revenue Forecast Discussion 135
• Competitive Environment 136
9 NC94-30
Table of Contents (continued)
Section Slide Number
Europe Breakdown 137
• Revenue Forecast 138
• Revenue Forecast Discussion 139
• Competitive Environment 140
Asia-Pacific Breakdown 141
• Revenue Forecast 142
• Revenue Forecast Discussion 143
• Competitive Environment 145
Rest of World Breakdown 146
• Revenue Forecast 147
• Revenue Forecast Discussion 148
• Competitive Environment 149
The Last Word 150
• The Last Word—3 Big Predictions 151
10 NC94-30
Table of Contents (continued)
Section Slide Number
• Legal disclaimer 152
Appendix 153
• Market Engineering Methodology 154
• Additional Sources of Information 155
• List of Other Participants 156
• Learn More—Next Steps 159
12 NC94-30
• In 2012, the total global dimensional metrology market in the aerospace industry
generated $482.9 million in revenue.
• The coordinate measuring machines (CMM) segment is expected to grow at a
compound annual growth rate (CAGR) of 4.0% from 2012 to 2017.
• Frost & Sullivan foresees the dimensional metrology market will gain support from the
economic revival to achieve moderate growth throughout the forecast period.
• A significant factor driving demand for the dimensional metrology market is the
increasing need for high accuracy because of growing fuel efficiency initiatives
undertaken by aerospace manufacturers.
• Key factors expected to impact demand include increasing interest of aerospace
manufacturers in building up a regional aerospace supplier base and moving aerospace
manufacturing plants to Asia-Pacific (APAC).
• A growing supplier base in the aerospace industry will likely bring in market opportunities
for the dimensional metrology market. Growing Tier II and III aerospace suppliers will
likely procure low- and mid-range priced dimensional metrology machines.
• Some key factors restraining market demand are related to limited government program
funding because of tight budgets in the aerospace industry, the wide variety of
dimensional metrology solutions available, and a slow technology adoption rate.
Key Findings
Source: Frost & Sullivan
13 NC94-30
Key Findings (continued)
CMM 67.4%
Other Products*
32.7%
Percent Sales Breakdown by Product Segment
Total Dimensional Metrology Market in the
Aerospace Industry: Global, 2012
Tier I Companies*
51.0%
Others** 49.0%
Percent of Sales
Total Dimensional Metrology Market in the
Aerospace Industry: Global, 2012
*Tier I companies include Carl Zeiss, FARO Technologies, Hexagon Metrology,
Mitutoyo Coporation, and Nikon Metrology.
**A list of “Other” companies can be found in the appendix.
*Other products include optical digitizers and scanners (ODS), vision measuring
machines (VMM), and measurement gages.
Note: All figures are rounded. The base year is 2012. Source: Frost & Sullivan
14 NC94-30
Key Findings (continued)
North America
Europe
Central and Eastern Europe
Middle East
Maturity Development Growth
Africa
APAC
Decline
Time
Ma
rket
Va
lue
North America and Europe are pioneers in this
industry, with several key industry participants. The
markets are nearing maturity, and companies in
these regions are expanding to emerging countries
by forming strategic alliances. Dimensional
metrology vendors will continue to deliver high-end
custom solutions to key aerospace manufacturers.
Countries such as Russia are showing increased
activity in the aerospace industry. This region is
slowly catching up with its Western counterparts.
Such trends will generate moderate growth in
dimensional metrology equipment adoption.
Latin America
Emerging APAC countries such as China and India have
increased their activity in the aerospace industry. In 2010 and
2011, in the list of top aerospace spenders, China stood second,
and the United States and India stood fifteenth.
Latin America is the only region generating aggregate in the
aviator sector from 2009 to 2012.
Such regional growth is expected to generate increased adoption
of dimensional metrology equipment in the aerospace industry in
APAC.
Total Dimensional Metrology Market in the Aerospace Industry: Market Lifecycle Analysis, Global, 2012
Key Takeaway: Major growth opportunities are expected to come from North America and Europe.
Emergence of aerospace suppliers in APAC will likely experience growth in sales volumes.
Source: Frost & Sullivan
15 NC94-30
Compound
Annual Growth
Rate
4.2%
(CAGR, 2012–2017)
Market
Concentration
51.0%
(% of market share held by top
5 companies)
Executive Summary—Market Engineering Measurements
Market Stage
Mature
Market
Units/Volume
52,000–
54,000
(2012)
Average Price
Per Unit
$100,000
Market Size for
Last Year of
Study Period
$592.1 M
(2017)
Customer Price
Sensitivity
8
(scale:1 [low] to 10 [high])
Degree of
Technical
Change
7
(scale:1 [low] to 10 [high])
Market Revenue
$482.9 M
(2012)
Total Dimensional Metrology Market in the Aerospace Industry: Market Engineering Measurements,
Global, 2012
Base Year
Market Growth
Rate
4.1%
For a tabular version, click here.
Market Overview
Note: All figures are rounded. The base year is 2012. Source: Frost & Sullivan
Stable Increasing Decreasing
16 NC94-30
Replacement
Rate
8.0–10.0
years
(average period of unit
replacement)
Average Product Development Time
2.5–3.0
years
Number of
Companies that
Exited*
0
(2012)
Number of
Companies that
Entered*
0
(2012)
Number of
Competitors
100
(active market competitors in
base year)
Attachment
Rate
4
(current number of units per
user—2012)
Executive Summary—Market Engineering Measurements
(continued)
Competitor Overview
Total Addressable Market
Total Addressable Market
Industry Advancement Marketing Spend as a Percent of Market Revenue
10.0%
R&D Spend as
a Percent of
Market Revenue
10.0%
Maximum
Attachment
Rate
20
(maximum potential number of
units per user-2017)
*Companies with revenue of more than $1.0 M
Note: All figures are rounded. The base year is 2012. Source: Frost & Sullivan
Stable Increasing Decreasing
17 NC94-30
Executive Summary—CEO’s Perspective
2 Dominance of leading dimensional metrology
companies will likely increase throughout the
forecast period.
3 Building capabilities to deliver customized
solutions will boosts profit margins.
4
Sale of stand-alone dimensional metrology
equipment such as CMM, ODS, VMM and
measurement gages will likely remain
fragmented.
5 A direct presence in APAC is the key
approach for market visibility.
1 Key dimensional metrology vendors are
building up capabilities to provide all
technologies for aerospace industries.
Source: Frost & Sullivan
18 NC94-30
Executive Summary—CEO’s Perspective (continued)
Key Takeaway: Strong demand for environmentally friendly, fuel-efficient, and light-weight
aircraft is driving the dimensional metrology market.
CEO’s 360 Degree Perspective on the Dimensional Metrology Market in the Aerospace Industry,
Global, 2012
Perspective Issues
Competitive Key applications such as aerostructures and aeroengines are the stronghold for the top 5 competitors,
which is mainly from high entry barriers.
Customer Customers have a limited choice of suppliers; therefore, the bargaining power is less.
Integrated
Industry
Most companies are vertically integrated; however, niche participants specialize in key markets. For
example, Hexagon Metrology and Coord3 Industries S.r.l. dominate gantry-type CMMs.
Technology
The aerospace industry is undergoing rapid technological change, with the demand for fuel-efficient
aircraft on the rise. Dimensional metrology vendors are delivering conventional CMMs and laser
trackers, with a set of new accessories such as scanners and probes to provide flexibility in measuring
objects.
Global Managing the global supply chain is the current issue to reduce the delivery and installation period.
Best Practices The addition of intangible benefits such as training is increasing.
Economic Key economic issues that dimensional metrology vendors are facing include the tradeoff between cost
arbitrage while moving manufacturing to low-cost countries and managing the global supply chain.
Source: Frost & Sullivan
20 NC94-30
Market Overview—Definitions
Scope
Geographic coverage Global
Study period 2012–2017
Base year 2012
Forecast period 2013–2017
Monetary unit US Dollars
Geographic Regions Covered:
• North America: The United States and Canada
• Europe: Countries in Western and Eastern Europe, including Russia
• APAC: Countries on the Western border of the Pacific Ocean, including those on the Indo-Chinese
peninsula and the Pacific islands as well as central Asia
• Rest of World (ROW): Latin America (Brazil, Mexico, Argentina, and Central and South America) and
regions not mentioned above, particularly the Caribbean Islands, the Middle East, and Africa
Strong Market Emerging Market
Source: Frost & Sullivan
21 NC94-30
Market Overview—Definitions (continued)
Coordinate Measuring Machines (CMM)
• Bridge-type machines have a horizontal frame supported by 2 vertical columns. The machine arm is
vertically suspended to measure the work piece.
• Gantry-type machines have housing that covers the entire structure, which must be measured,
inspected, or scanned. This machine is well suited for inspection applications in the automotive,
aerospace, and heavy transportation industries.
• Horizontal arm machines have flexible, vertical support and a horizontal arm that supports the probe.
• Articulated arm machines are portable devices with articulated or multi-axis arms. The probes can be
placed in different directions, which increases flexibility.
Optical Digitizers and Scanners (ODS)
• 3D Laser Scanners: The basic function of laser scanners is the complete imaging of an object to obtain
many coordinate points that are used in the reconstruction of the image in 3 dimensions. The main
components include a scan head and a platform for movement along directions that are integrated
together by manufacturers. With the required software, the inspection is performed after mounting the
object on a rotary table. Laser scanners can be used alone or in conjunction with fixed CMMs or portable
arms. Each configuration has its own specific applications that take into account its capabilities.
• Laser Trackers: According to the working principle of a laser tracker, the system transmits a laser signal
to a target that is retroreflective, meaning it reflects light back to its source with limited scattering and is
held against the object that is to be measured. The reflected light repeats the same path and reenters the
tracker, which helps to calculate the distance using an interferometer. Source: Frost & Sullivan
22 NC94-30
Market Overview—Definitions (continued)
• Laser trackers are used primarily for distance measurement by collecting coordinate data, which in turn
creates an accurate replicate on a local coordinate system. Hence, the laser tracker is often used in
multiple positions to gather information about the required object.
• White Light Scanners: Operating on the basis of white light interferometry, a white light scanner is used
to note a series of data points across the vertical axis. Both the shape and phase of the interferogram
are used to determine the object's physical geometrical features. Applying Fourier analysis to the data
converts it into the spatial frequency domain, making it possible to create an accurate representation.
Unlike CMMs, a main advantage of white light scanners is that the information generated can be used
without the need for data handling by experts. However, these scanners have limitations such as the
long duration needed to complete measurements, especially when using software to process the image.
Vision Measuring Machines (VMM)
• Measuring Microscopes: These microscopes are the oldest optical measurement systems worldwide.
They are constructed using 2 compound microscopes to perform both 2- and 3-dimensional (3D)
measurements. Initially an analog instrument, today’s technological advancement has led to an
interfacing with computers for better analysis.
• Profile Projectors: These projectors are the most common piece of vision equipment with a simple
design. The image of the examined object is projected onto a screen with a 2-dimensional (2D) axis for
measurements and for reference. Profile projectors can be classified as horizontal or vertical, depending
if the line of vision is parallel or perpendicular to the ground.
Source: Frost & Sullivan
23 NC94-30
Market Overview—Definitions (continued)
• Multi-sensor Systems: The working principle behind such systems involves measuring the test piece by
means of different probes, both contact and non contact. With instant capture and analysis using the most
advanced video systems, multi-sensor systems can be categorized into manual and automated systems.
The automated systems use computer numeric control (CNC) to make automatic measurements.
Measurement Gages
• Height Gage: A typical height gage has a vertical column attached to a flexible unit. The protruding arm
measures the work piece. Different types of height gages include vernier, dial, digital dial, and electronic
digital. Typical accessories for a height gage include riser blocks, scribers, probes, software, and granite
surface probes. A height gage can be used in several applications that range from a mere go/no-go type of
application to mapping a complex part.
• Plug and Bore Gage: Plug gages are preferred when volumes are high and tolerances are tighter. Two
kinds of gages include adjustable capacity and fixed size. Plug gages are known for their repeatability and
resistance to wear, and they are best when used with electronic data collection systems. Adjustable bore
gages are preferred by end users because of cost.
• Ring Gage: These gages are cylindrical measuring devices whose primary applications include measuring
size and roundness of the workpiece and as a reference point completing other measuring devices.
• Depth Gage: These gages are used to measure the depth of holes, cavities, and/or other parts. Depth gage
configurations include dial, digital, depth micrometer, thread, flush pin gages, and vernier.
Key Applications
This segment includes a detailed analysis of key application areas such as aerostructures and aeroengines.
Source: Frost & Sullivan
24 NC94-30
Market Overview—Key Questions This Study Will Answer
Is the market growing, how long will it continue to grow, and at what rate?
Which of the dimensional metrology market segments is presenting major growth opportunities?
What are the latest key technological trends present in the global dimensional metrology market in
the aerospace industry? What impact do these trends have on the industry?
How will the structure of the market change with time?
Are the products/services offered today meeting customer needs, or is there additional development
needed?
Are the vendors in the space ready to go it alone, or do they need partnerships to take their
business to the next level?
Source: Frost & Sullivan
25 NC94-30
Market Overview—Segmentation
CMM 67.4%
ODS 17.8%
VMM 6.7%
Measurement Gages 8.2%
Percent Sales Breakdown
Total Dimensional Metrology Market in the Aerospace Industry: Global, 2012
Note: All figures are rounded. The base year is 2012. Source: Frost & Sullivan
26 NC94-30
Aerospace Industry Value Chain
Aircraft Design, Build, and Assemble: Tier I includes companies or organizations that design,
assemble the complete aircraft, deliver to operators, and hold the intellectual ownership of type
certificate of the aircraft. Example companies include Airbus, Boeing, Bombardier Inc., and
Embraer S.A.
Tier I
Airframe, Engine,
Avionics, and
Components
Manufacturers
Support Services: Tier IV includes suppliers that provide general manufacturing services to Tier
III, Tier II, and Tier I manufacturers. Services include, but are not limited to, forging, casting,
forming, chemical processing, coatings, heat treating, inspecting and testing, precision machining,
welding, logistics, and distribution.
Tier IV
Support Services
Tier II
Part OEM/
Manufacturers:
Design and Build
Aircraft Assemblies Design and Build: Tier II includes suppliers such as Rolls Royce, GE, Pratt
& Whitney, Spirit AeroSystems, and Honeywell International Inc. They design, manufacture, and
assemble major aircraft assemblies such as engine, fuselage, empennage, wing, and landing gear.
They also supply these assemblies to Tier I manufacturers.
Tier III
Part OEM/
Manufacturers:
Build to Spec/
Prints
Limited Design or Build to Specs/Prints: Tier III includes suppliers such as SAM Pte. Ltd that
design and manufacture some components and parts of major aircraft assemblies. They also
supply those components and parts directly to Tier I and Tier II manufacturers.
Note: This schematic shows different stakeholders involved in an aircraft manufacturing value chain. Some
organizations can be in multiple tiers, depending on service offerings. Key: OEM—Original Equipment Manufacturer Source: Frost & Sullivan
27 NC94-30
Aerospace Industry Value Chain (continued)
R&D Design Manufac-turing
Partners are responsible for activities in
these areas.
R&D Design Manufac-turing
Tier I
engine/
frame
Aircraft manufacturer focuses on these
areas, with minimum effort in other
stages.
After Sales
MRO after
sales/third-
party service
provider
The entire value chain of the aerospace industry is estimated to be the potential end user for the
dimensional metrology market.
The schematic shows an evolved manufacturing value chain. In this type of a value chain, OEMs moved
away from the traditional role of handling end-to-end manufacturing to that of a design and systems
integrator. Major responsibilities across the value chain are outsourced to various partners with proven
competencies across these areas. These partners invest in processes as well as research and development
(R&D) activities, meaning that a larger share of the aircraft manufacturing activities was available to be
tapped into by Tier II and Tier III suppliers.
Key: MRO—Maintenance, Repair, and Operations Source: Frost & Sullivan
28 NC94-30
Market Overview—Distribution Channels
Dimensional
Metrology
Manufacturers
End User
Indirect Sales
(channel
partners) Direct Sales
Total Dimensional Metrology Market in the Aerospace Industry: Distribution Channel Analysis,
Global, 2012
81.4%
Key Takeaway: A combination of direct sales channels and channel partners is
required to meet the needs created by demand for custom solutions.
18.6%
Channel partners assist in the
distribution of machines to Tier II
and Tier III aerospace industry
suppliers.
Source: Frost & Sullivan
29 NC94-30
The Last Word—3 Big Predictions
2
The growing environmental consciousness is introducing new challenges in terms of
efficient airframes and engines. Fuel efficiency should be the key driver for growth.
Such trends in the aerospace industry will require the latest high-precision technology
for inspection services.
3 Increasing consolidation in the aerospace industry is expected to generate more
demand for high-end metrology solutions.
1 With increasing cost pressures, the majority of aerospace manufacturing work will be
outsourced to low-cost APAC countries. Dimensional metrology vendors will need to
increase initiatives to sell equipment in APAC.
Source: Frost & Sullivan
30 NC94-30
Legal Disclaimer
Frost & Sullivan takes no responsibility for any incorrect information supplied to us by
manufacturers or users. Quantitative market information is based primarily on interviews and
therefore is subject to fluctuation. Frost & Sullivan research services are limited publications
containing valuable market information provided to a select group of customers. Our
customers acknowledge, when ordering or downloading, that Frost & Sullivan research
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For information regarding permission, write to:
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Mountain View, CA 94041
32 NC94-30
Market Engineering Methodology
One of Frost & Sullivan’s core deliverables
is its Market Engineering studies. They
are based on our proprietary Market
Engineering Methodology. This approach,
developed across the 50 years of
experience assessing global markets,
applies engineering rigor to the often
nebulous art of market forecasting and
interpretation.
A detailed description of the methodology
can be found here.
Source: Frost & Sullivan
33 NC94-30
Additional Sources of Information
Recently published deliverables in the dimensional metrology market
• Analysis of the Global Metrology Services Market
• Analysis of the Global Laser Micrometry Market
• Metrology Market for Automotive Applications
• Analysis of Vision Measuring Machines Market
• World Metrology Software Market
• World Coordinated Measuring Machines Market
• Analysis of the Dimensional Metrology Market in Emerging Economies
• Analysis of the Global Dimensional Metrology Market in the Medical Device Industry
Upcoming deliverables expected to be published in 2013
• Analysis of the Dimensional Metrology Probes and Scanners Market
• Analysis of Global Measurement Gages Market
Source: Frost & Sullivan
34 NC94-30
Learn More—Next Steps
• Talk to an analyst
• Take our DNA Survey
• Arrange a Growth Workshop
• Explore the Growth Excellence Matrix 2.0
Source: Frost & Sullivan
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