Global 3D Metrology Market Share Likely to Surpass At a CAGR of XX% By 2030
According to Custom Market Insights (CMI), The Global 3D Metrology Market size was estimated at USD (9.50 B) in 2021 and is expected to hit around USD (15.70 B) by 2030, poised to grow at a compound annual growth rate (CAGR) of 8.9% from 2022 to 2030.
Our recently published report, “3D Metrology Market”, offers a comprehensive and deep evaluation of the market stature. Also, the market report estimates the market size, revenue, price, market share, market forecast, growth rate, and competitive analysis.
3D Metrology Market: Overview
The performance parameters of conventional CMMs are outperformed by scanning technologies used in 3D metrology. A crucial step in a high-reliability quality assurance and control process is metrology. In manufacturing, metrological equipment is utilized for machine calibration and verification during the post-production phase. The need for standard metrological systems as coordinate measuring machines is predicted to increase due to the need to push the boundaries of current industrial capabilities (CMMs).
Three-dimensional metrology technology’s key characteristics include speed, reliability, automatability, and correct measurement principles. The need for 3D metrology is anticipated to be driven by an accurate inspection using three-dimensional data for molding and analysis, R&D investment in measurement techniques, and a focus on quality control. The expansion of the 3D metrology market has been sparked by advancements in software-driven process automation and the advent of portable metrology equipment for specialized services. The quality of items made by precision measurement using cutting-edge 3D metrology techniques and tooling is the primary emphasis of many end-user industries.
Browse the full “3D Metrology Market Size, Trends and Insights By Component (Hardware, Software, Services), By Hardware (Coordinate Measuring Machine (CMM), Optical Digitizer & Scanner (ODS), Video Measuring Machine (VMM), 3D Automated Optical Inspection (AOI) System), By Services (Quality Control & Inspection, Reverse Engineering, Virtual Simulation, 3D Scanning), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” report at ReportURL
The development of the services sector in the market for 3D metrology is significantly influenced by the adoption of industry 4.0. Industry 4.0 puts a lot of emphasis on digitizing physical assets and integrating them into digital ecosystems with various value chain participants. The market’s expansion has also been fueled by significant advancements in portable metrology equipment and software-driven process automation.
The increased demand for luxury products brought on by rising disposable income in developing economies and those with low GDP is anticipated to drive the need for businesses to use 3D metrology systems. Additionally, many sectors are concentrating on the quality of the goods produced through accurate measurement employing cutting-edge 3D metrology techniques and tools. High-precision measuring technologies are beneficial for almost all industrial applications.
The metrology technology also helps to save expenses associated with product development and the total time needed for product launches. To perform 3D digital measurement and inspection operations, 3D CAD data is used. As a result, it is anticipated that the rising demand for quality inspection will contribute to the market’s growth throughout the forecast period.
The market’s expansion depends heavily on technological research and development. Recent years have seen several improvements in engine technology due to consumer preferences for safety, strict government requirements, and scientific developments. As a result, the major players in the 3D metrology market are working to boost engine design R&D to improve engine performance, combustion efficiency, and pollution reduction.
The market for 3D metrology is segmented into components, hardware, and services. According to the element, the software segment is expected to increase at the quickest rate. Features like data gathering and measurement across many sources can be used to explain the rise. Additionally, it provides self-explanatory, thorough textual and graphical information that may be utilized to assess in-flight deviation and spot production patterns. Tooling, sheet metal, and production engineering are also required when using CAD/CAM tools for design reasons. The need for 3D metrology software is anticipated to increase due to these causes.
According to hardware, the optical digitizer and scanner (ODS) segment is expected to increase quickly during the forecast period. Optical scanners and digitizers are non-contact metrology devices that employ a white light or laser-based scanning approach. They collect an object’s coordinate information using software and then utilize those points to build a picture. Optical scanners and digitizers are most frequently used for inspection, reverse engineering, and dimensional measurements. These instruments have improved accuracy and dependability when measuring intricate and challenging-to-reach characteristics. Innovations in probe technology, precision, integration techniques, and software drive the worldwide optical digitizer & scanner market for high-tech optical digitizers and scanners. In addition, the market is gaining from the optical digitizer’s expanding application space, which includes forensics, historical restoration, law & investigation, medical, 3D printing, and 3D surveying.
According to services, the reverse engineering segment is expected to increase quickly during the forecast period. Furthermore, due to the surge in demand for intelligent reverse engineering solutions leveraging CAD models or by comparing CAD prototypes, especially in the automotive sector, the usage of the metrology system has also experienced a revolution.
The most significant market share was held by North America in the 3D metrology industry. The region is primarily supported by the U.S.’s considerable aerospace, automobile, and pharmaceutical equipment industries. One of the key drivers of the need for inline dimensional metrology solutions is the rapid automation of automobile production plants. As a result, many auto and body-in-white (BIW) manufacturers may switch from conventional measuring methods like CMMs to inline metrology methods.
|Feature of the Report||Details|
|Market Size in 2021||USD (year from)|
|Projected Market Size in 2030||USD (year to)|
|Market Size in 2022||USD (2022Value) Billion/Million|
|CAGR Growth Rate||XX% CAGR|
|Prominent Players||Hexagon, FARO, Renishaw plc., Mitutoyo South Asia Pvt. Ltd., GOM & COMPANY., CHOTEST TECHNOLOGY INC., Baker Hughes Company, CyberOptics, Trimble Inc., SGS SA, IKUSTEC , CARMAR, Intertek Group plc, Nikon Corporation, Carl Zeiss AG, KLA Corporation, CREAFORM., Perceptron Inc., 3D Systems Inc., Automated Precision Inc.(API), KEYENCE CORPORATION., JENOPTIK AG, Bruker, Shining3D, and Others|
|Key Segment||By Component, Hardware, Services, and Region|
|Report Coverage||Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors, and Recent Trends|
|Regional Scope||North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America|
|Buying Options||Request tailored purchasing options to fulfill your requirements for research.|
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- Renishaw plc.
- Mitutoyo South Asia Pvt. Ltd.
- GOM & COMPANY.
- CHOTEST TECHNOLOGY INC.
- Baker Hughes Company
- Trimble Inc.
- SGS SA
- Intertek Group plc
- Nikon Corporation
- Carl Zeiss AG
- KLA Corporation
- Perceptron Inc.
- 3D Systems Inc.
- Automated Precision Inc.(API)
- KEYENCE CORPORATION.
- JENOPTIK AG
The global 3D metrology market is segmented as follows:
- Coordinate Measuring Machine (CMM)
- Optical Digitizer & Scanner (ODS)
- Video Measuring Machine (VMM)
- 3D Automated Optical Inspection (AOI) System
- Quality Control & Inspection
- Reverse Engineering
- Virtual Simulation
- 3D Scanning
On the basis of Geography
- The U.S.
- The UK
- Rest of Europe
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Rest of Latin America