Press release
3D Metrology Market to Reap Excessive Revenues by Leading Players: Carl Zeiss AG, Hexagon AB, FARO Technologies, Perceptron, Creaform, Automated Precision, 3D Digital Corp, 3D System Corp among Others
A recent report published by QMI on the 3D metrology market is a detailed assessment of the most important market dynamics. After carrying out a thorough research of 3D metrology market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for 3D metrology during the forecast period. It can enable manufacturers of 3D metrology to change their production and marketing strategies in order to envisage maximum growth.Click here to get sample of the premium report: https://www.quincemarketinsights.com/request-toc-58586?utm_source=hp&utm_medium=openPR&utm_campaign=hp
According to the report, the 3D metrology market is expected to promise high growth owing to increased focus on quality control in recent years. Increasing demand from End-Use industries including aerospace & defense, architecture & construction, automotive, electronics, energy & power, heavy industry, medical, mining, and others is expected to drive the growth of the 3D metrology market. This market has witnessed the number of key developments by major companies including v with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.
3D metrology is the study of physical measurements or a general field of precision measurement. Using 3D metrology is very accurate in acquiring an object's geometrical data in 3 axes (x,y,z).
Segmentation for better understanding of this market and its growth prospects:
By the offering, the market is segmented into hardware, software, services. The hardware segment has been growing at a steady pace. There has been an increase in the adoption of the 3D metrology equipment in various end-user industries to maintain product quality.
Based on the product, the market is bifurcated as Coordinate Measuring Machine (CMM), Optical Digitizer & Scanner (ODS), Video Measuring Machine (VMM), 3D Automated Optical Inspection System (AoI), Form Measurement. The CMM has been growing in comparison to the others, as there is increased flexibility, higher precision, and accuracy offered by the CMM. It also has a lesser set-up time and better productivity. The CMM is used in the automotive industry for measurement, inspection and quality check of the components.
Based on the Application, the market is divided as Quality Control & Inspection, Reverse Engineering, Virtual Simulation, Others. The market is anticipated to grow for quality control and inspection. It is mainly used in the A&D and automotive sectors, as the precision and accuracy of the components must be checked.
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Based on the End-User the market is segmented into Aerospace & Defense, Architecture & Construction, Automotive, Electronics, Energy & Power, Heavy Industry, Medical, Mining, Others. The automotive sector is the largest end-user for the market of 3D metrology, as this technology is required in various applications such as measurement, inspection and quality check. The industry is also incorporating the use of CMMs in comparison to the conventional instruments to improve the comfort and safety of the vehicle.
Important Factors Impacting Market Growth:
o Provides highly accurate inspections
o Increased focus on quality control
Insights about the regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market.
For the 3D metrology market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific, and Western Europe are expected to be major regions in the 3D metrology market.
North America and Western Europe have been one of the key regions with technological advancements in ICT, electronics & semiconductor sector. Factors like the use of advanced technology and the presence of global companies to cater to the potential end-users are favorable for the growth of the 3D metrology market. Also, most of the leading companies have headquarters in these regions.
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The Asia Pacific is estimated to be one of the fastest-growing markets for 3D metrology market. Major countries in the Asia Pacific region are China, Japan, South Korea, India, and Australia. These economies in the APAC region are major contributors in the ICT, electronics & semiconductor sector. The APAC region continues to grow for this market as there are an increasing number of automobile manufacturers in this region that use 3D metrology for the inspection of their components, thus increasing its demand.
In addition to this, government initiatives to promote technological advancement in this region are also one of the key factors to the growth of the 3D metrology market. The Middle East and Rest of the World are estimated to be emerging regions for the 3D metrology market.
Companies Covered: Carl Zeiss AG, Applied Materials, Hexagon AB, FARO Technologies, Mitutoyo Corporation, Nikon Corporation, KLA-Tencor, Keyence, Perceptron, Creaform, Automated Precision, 3D Digital Corp, 3D System Corp
Market Segmentation:
By Offering:
o Hardware
o Software
o Services
By Product:
o CMM
o ODS
o VMM
o AoI
o Form Measurement
By Application:
o Reverse Engineering
o Quality Control & Inspection
o Virtual Simulation
o Others
By End-Users:
o Aerospace & Defense
o Architecture & Construction
o Automotive
o Electronics
o Energy & Power
o Heavy Industry
o Medical
o Mining
o Others
By Region:
North America
o By Country (US, Canada, Mexico)
o By Offering
o By Product
o By Application
o By End Users
Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Offering
o By Product
o By Application
o By End Users
Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Offering
o By Product
o By Application
o By End Users
Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Offering
o By Product
o By Application
o By End Users
Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Offering
o By Product
o By Application
o By End Users
Rest of the World
o By Region (South America, Africa)
o By Offering
o By Product
o By Application
o By End Users
Reasons To Buy This Report:
o Market size estimation of the global 3D Metrology Market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.
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