Leica Geosystems gains market leadership award

Strong laser tracker sales growth and commitment to emerging technologies gain for Leica Geosystems a Leadership Award in the Laser Tracker market segment from Frost and Sullivan.

Leica Geosystems, a Hexagon Metrology company, has announced it has received a coveted Market Leadership Award in the Laser Tracker market segment from Frost and Sullivan, a New York-based global growth consultancy firm.

Leica Geosystems was selected for this award based on the company's strong sales growth, and its lasting commitment to emerging technologies.

Frost and Sullivan employs more than 1,500 industry consultants in 26 global offices, including market analysts, technology analysts, and economists.

Leica Geosystems is a leading provider of laser tracker systems and theodolites for industrial measurement applications.

Leica Geosystems also received the 2004 Frost and Sullivan 'Industrial Automation Product Innovation of the Year' award for its breakthrough Local Positioning Technology including the wireless, armless T-Probe and T-Scan hand scanner.

Duncan Redgewell, laser tracker product line manager, proudly accepted the award on behalf of Leica Geosystems at the 2006 Industrial Excellence Awards Banquet held at the Waldorf Hilton Aldwych in London, UK.

Frost and Sullivan recognises leading companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in industries, such as Industrial Automation.

Leica Geosystems' portable 3D coordinate measurement systems are used by prominent manufacturers and service providers worldwide in the aerospace, automotive, and shipbuilding industries.

"Leica Geosystems has displayed excellence in all areas of the market leadership process, including the identification of market challenges, drivers and restraints, as well as strategy development and methods of addressing these market dynamics," said Madhan Dhandayutham, head analyst at Frost and Sullivan.

"In the selection process, our analysts traced competitor revenue and market share within the metrology industry.

This was achieved through interviews with all market participants and extensive secondary research of proprietary data sources".

He continued: "Finally, the competitors were compared and ranked for relative position.

We consider Leica Geosystems a market leader because of its diversified product offerings through consistent product design that incorporate emerging technologies, and the sales growth rate reaching in the high double digits".

Marketing director for Leica Geosystems North America, Bill Fetter, replied: "We are especially honoured to receive a prestigious industry award for the second time in two years from the world's premier growth consultancy - Frost and Sullivan.

Last year, Frost and Sullivan was ranked number one in the industry in terms of revenue growth, which proves this company has what it takes to be a world leader in market consulting, monitoring new technologies, performing strategic analysis, and market research of competitors".

He continued: "Leica Geosystems is the only company in the metrology marketplace with mature PCMM solutions that go far beyond laser tracking.

This fact has not gone unnoticed by leading aerospace and automotive companies who are now large volume users of our innovative wireless Leica T-Probe and T-Scan hand scanner systems".

Fetter said: "Manufacturers choose our portable laser trackers for their long-term reliability and superior thermal stability.

Leica laser trackers deliver consistent performance and do not require frequent calibration as compared to similar products".

Fetter concluded: "The fact that most inspection service companies use Leica Laser Trackers in the field attests to the high level of accuracy and dependability of our product line.".

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