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3D Metrology Market worth $24.33 billion by 2030, growing at a CAGR of 9.35% - Exclusive Report by 360iResearch
3D Metrology Market | 360iResearch
The Global 3D Metrology Market to grow from USD 13.01 billion in 2023 to USD 24.33 billion by 2030, at a CAGR of 9.35%.
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3D metrology is a new approach to measuring the dimensions of components without physically touching them, which is a scientific method to study physical measurements. The 3D metrology market is rapidly growing due to the increasing utilization of advanced electronics scanning and modeling technologies, such as automated optical inspection sensor technologies and optical digitizer & scanner (ODS), which are flourishing the evolution of metrology technology, which automatically reduces the dependency on conventional measurement techniques. This, combined with rising demand from sectors such as automotive and manufacturing, drives the development within this field. Although certain cost factors remain a restraint on its potential, plenty of opportunities exist within areas. Aerospace and heavy machinery production can benefit greatly by leveraging state-of-the-art metrology solutions offering improved productivity levels along with superior quality products. However, access to skilled professionals may be limited for handling these systems effectively.
Increasing research and development (R&D), rising investments in 3D metrology, and the growing usage of 3D data for modeling and analysis in various industries have boosted the adoption of 3D metrology across North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific has shown exponential growth in the forecast period due to the presence of top key players in China and India. Additionally, the growing number of small and medium-scale system manufacturers in countries such as Japan, Singapore, and South Korea, along with the increasing use of virtual simulation in the energy and power industry, are contributing toward boosting the market growth in the region. Furthermore, the North American region is mainly driven by the strong presence of aerospace, automotive, and pharmaceutical equipment manufacturers in the U.S. Rapid automation of the automotive manufacturing facilities is one of the significant factors driving the demand for inline dimensional metrology solutions. In Europe, France has dominated the market for the last few years, attributed to the country's heavy penetration of automotive and aerospace industries. Moreover, Germany is estimated to show significant growth in the forecast period due to the country's availability of large manufacturing units. However, the market growth is moderate in the Middle East & Africa, and South America due to the slower adoption of advanced metrology technology and the lack of skilled workers required to operate video measuring machines (VMM) and coordinate measuring machines (CMMs).
Market Segmentation & Coverage:
This research report categorizes the 3D Metrology Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across 3D Automated Optical Inspection System, Coordinate Measuring Machine, Optical Digitizer & Scanner, and Video Measuring Machine. The Coordinate Measuring Machine is projected to witness significant market share during forecast period.
Based on Application, market is studied across Quality Control & Inspection, Reverse Engineering, and Virtual Simulation. The Virtual Simulation is projected to witness significant market share during forecast period.
Based on End User, market is studied across Aerospace & Defense, Architecture & Construction, Automotive, Electronics, Energy & Power, Geospatial, Heavy Machinery, and Medical. The Automotive is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the 3D Metrology Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the 3D Metrology Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the 3D Metrology Market, highlighting leading vendors and their innovative profiles. These include 3D Systems Corporation, Accu Measuring Solutions, Advantest Corporation, Alicona Imaging GmbH, Amiga Engineering Pty Ltd., Applied Materials, Inc., Artec Europe, S.a.r.l., Automated Precision, Inc., Baker Hughes Company, Bruker Corporation, Carl Zeiss AG, Carmar Accuracy Co., Ltd., Chotest Technology Inc., CyberOptics Corporation, Dimensional Metrology Services, Exact Metrology, Faro Technologies, Inc., GelSight, Inc., Geodetic Systems, Inc., Heliotis AG, Hexagon AB, Hi-Tech Metrology Pty Ltd., HS&S Machine Tools and Metrology Inc., Ikustec, InnovMetric Software Inc., Intertek Group PLC, JENOPTIK AG, KEYENCE CORPORATION, KLA Corporation, Met Optix by DWE Systems Pty. Ltd., Metrologic Group SAS, Mitutoyo Corporation, Nano Vacuum Pty Ltd., Nikon Corporation, Novacam Technologies Inc., Oqton Denmark ApS, Perceptron Inc., Polyrix Inc., Precise 3D Metrology & Design Solutions Pvt. Ltd., ReGenerateNZ Ltd., Renishaw PLC, Rigaku Corporation, Scan-Xpress, SENSOFAR TECH, S.L., SGS SA, Shining 3D Tech Co., Ltd., Trimble Inc., TRIMOS SA, Veris Ltd., Vision Miner, WENZEL Group GmbH & Co. KG, Zebicon A/S, and Zygo Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. 3D Metrology Market, by Product
7. 3D Metrology Market, by Application
8. 3D Metrology Market, by End User
9. Americas 3D Metrology Market
10. Asia-Pacific 3D Metrology Market
11. Europe, Middle East & Africa 3D Metrology Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the 3D Metrology Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the 3D Metrology Market?
3. What is the competitive strategic window for opportunities in the 3D Metrology Market?
4. What are the technology trends and regulatory frameworks in the 3D Metrology Market?
5. What is the market share of the leading vendors in the 3D Metrology Market?
6. What modes and strategic moves are considered suitable for entering the 3D Metrology Market?
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