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FARO Technologies (FARO) Q1 2022 Earnings Call Transcript

FARO Technologies (FARO) Q1 2022 Earnings Call Transcript

Laser Tracker Market Share, Top Competitor Analysis, Forecast by 2027

Laser Tracker Market Share, Top Competitor Analysis, Forecast by 2027
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Dual mode hand-held metrology scanner

The FAA Aerospace Forecast predicts that through 2031, the general aviation fleet will increase at an average annual rate of 0.9%, growing from an estimated 224,172 in 2010 to 270,920 aircraft in 2031. Aerospace Manufacturing and Design serves the aerospace industry by providing timely information on manufacturing processes and design parameters involved in the machining and assembly of aerospace components.

Mitutoyo to be API portable metrology reseller

Mitutoyo to be API portable metrology reseller Mitutoyo Corp. have partnered to distribute API’s portable dimensional metrology equipment throughout Mitutoyo’s worldwide network. Production times and tolerances continue to grow tighter for manufacturers around the world, and their need for precise, portable measurement hardware and software has increased to meet this demand. Adding API’s complete portfolio of portable equipment to Mitutoyo’s already diverse portfolio to meet this demand was a natural fit for both companies. “API really invented portable dimensional metrology, especially in the form of precise, laser measurements,” says Yoshiaki Numata, president of Mitutoyo Corp. “So, for Mitutoyo, this was a great opportunity to add the most complete line of high-quality portable metrology equipment to what we can offer to our customers.”

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