Rapid automation of automotive manufacturing plants is one of the key factors driving the demand for inline metrology solutions in the automotive industry. Several powertrain and body-in-white manufacturers will replace traditional, manual measurement solutions - such as coordinate measuring machines (CMMs) - with inline metrology solutions. Moving forward, as companies strive to gain a competitive edge by robotizing their manufacturing plants, end-to-end automated inline metrology will be a key solution demanded by leading automotive manufacturers.
New analysis from
The fluctuating global economy coupled with an increase in gas prices continues to have an adverse impact on the automotive industry worldwide. Emerging economies, in particular, have had volatile market conditions that have created concerns for companies in the automotive supply chain. This, in turn, has impacted investments toward dimensional metrology equipment in these geographical areas.
"Fluctuating growth rates in the automotive industry also reduce investment by end users in developed countries," said
Medium- and small-sized dimensional metrology manufacturers even reduced the cost of their equipment in order to overcome this challenge and boost sales, particularly in
With growing interest in concepts such as "Industry 4.0," smart factories and zero defects, the trend toward automation is undeniable and continues to gain momentum. The inline metrology segment in the automotive industry is likely to grow at a compound annual growth rate (CAGR) of 12.2 percent till 2018. Dimensional metrology manufacturers will need to adapt its product development strategies to keep pace with the requirements of its automotive customers.
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