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The industrial measurement and instrumentation market is experiencing steady growth, driven by increasing demand for automation, stringent quality control regulations across industries, and the rise of Industry 4.0. There's a strong focus on integrating smart sensors and IoT for real-time data analysis and predictive maintenance. Customization and comprehensive service offerings are key differentiators in a competitive landscape.
Total Assets Under Management (AUM)
Industrial Measurement Instruments Market Size in Germany
~Approximately 7.5 billion EUR (2023 estimate)
(5.5% CAGR)
Growth is fueled by increasing automation investments. Rising demand from pharmaceutical and food & beverage sectors. Technological advancements in smart sensors and IoT integration.
7.5 billion EUR
Integration of smart sensors and edge devices for real-time data collection, processing, and analysis directly at the measurement point, enabling faster insights and localized control.
Leveraging AI/ML algorithms to analyze sensor data from weighing and dosing systems to predict equipment failures, optimize maintenance schedules, and improve operational uptime.
Creation of virtual replicas of physical weighing and dosing systems, allowing for simulation, optimization, and remote monitoring of performance and process changes.
This regulation updates the Measuring Instruments Directive (MID) 2014/32/EU, governing the legal metrology aspects of measuring instruments in the EU, ensuring accuracy and fair trade. While not new, continuous amendments and strict enforcement are critical.
It mandates stringent accuracy and conformity assessments for weighing and dosing instruments used in trade and legal metrology, directly affecting product design and market access for Brockmann.
These national laws in Germany regulate the use of measuring instruments in legal metrology, specifying requirements for initial verification, re-verification, and calibration services.
Brockmann must ensure its products comply with these national metrology standards and provide compliant calibration services, which is a key service offering for their German customers.
While not a single regulation, the evolving landscape of Industry 4.0 and associated data security requirements (e.g., GDPR in data handling, and industry-specific guidelines like those from VDMA) are becoming critical for connected industrial systems.
Brockmann's integration of IoT and smart features must adhere to robust data security and privacy standards, impacting product development, software architecture, and service agreements to protect customer data.
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