Middle East & Africa Metrology Equipment Market Size & Outlook
Middle East & Africa metrology equipment market, 2018-2030 (US$M)
MEA metrology equipment market highlights
- The MEA metrology equipment market generated a revenue of USD 500.0 million in 2023.
- The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, coordinate measuring machine (cmm) was the largest revenue generating type in 2023.
- Coordinate Measuring Machine (CMM) is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 500.0 million |
| Market revenue in 2030 | USD 776.2 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Coordinate measuring machine (cmm) |
| Fastest growing segment | Coordinate Measuring Machine (CMM) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Coordinate Measuring Machine (CMM) |
| Key market players worldwide | Hexagon AB ADR, Nikon Corp, ZEISS Group, Keyence Corp, KLA Corp, Jenoptik AG, Renishaw PLC, Metro, AMETEK Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.0% of the global metrology equipment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,032.3 million by 2030.
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Metrology Equipment Market Scope
Metrology Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa metrology equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to metrology equipment market will help companies and investors design strategic landscapes.
Coordinate measuring machine (cmm) was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa metrology equipment market based on coordinate measuring machine (cmm) covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa metrology equipment market databook
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Our clientele includes a mix of metrology equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa metrology equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa metrology equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa metrology equipment market
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