Looming Economic Downturn Popularizes Outsourcing Dimensional Metrology Services, Notes Frost & Sullivan

Looming Economic Downturn Popularizes Outsourcing Dimensional Metrology Services, Notes Frost & Sullivan PR Newswire MOUNTAIN VIEW, California, Aug. 28, 2012 - Absence of all-purpose solution impels consumers toward third-party service providers MOUNTAIN VIEW, California, Aug. 28, 2012 /PRNewswire/ -- The threat of a second economic downturn has cast a gloom over various verticals, causing them to carefully plan capital expenditure and opt for cost-effective alternatives. This situation bodes well for the dimensional metrology services market, as even its premium inspection services are more affordable than a new precision system. Customers with low-volume processes account for almost a third of inspection service contracts. These customers also consider outright equipment purchase an unnecessary expense. New analysis from Frost & Sullivan (http://www.testandmeasurement.frost.com), Analysis of the Global Metrology Services Market, finds that the market earned revenues of $382.6 million in 2011 and estimates this to reach $529.6 million in 2016. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Dimensional metrology services have also got a boost from the lack of a universal system that can be applied across verticals.