3D Metrology Market Expected to Achieve 8.7% CAGR by 2029: Growth Forecast Insights

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How Large Will the 3D Metrology Market Size By 2025?
There has been a notable expansion in the size of the 3D metrology market in the past few years. The market is projected to increase from a value of $12.82 billion in 2024 to a worth of $13.86 billion in 2025, witnessing a compound annual growth rate (CAGR) of 8.1%. The significant growth during the historical period can be credited to factors such as quality control and inspection measures, the upsurge in the aerospace and automotive industries, personalized and mass production approaches, manufacturing in the semiconductor and electronics sector, as well as environmental and sustainability concerns.

How Big Is the 3D Metrology Market Size Expected to Grow by 2029?
The 3D metrology market is anticipated to witness robust expansion in the coming years, with its value predicted to reach $19.37 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.7%. This expected surge during the forecast period can be credited to factors such as the emergence of industry 4.0 and smart manufacturing techniques, an uptick in medical and healTH*Care applications, wider adoption in the construction and architectural sectors, escalating research and development activities, and increased use in geospatial and mapping applications. Leading trends during this forecast period are poised to be the deployment of automated 3D metrology systems, the proliferation of portable and handheld devices, advancements in artificial intelligence (AI) and machine learning, the amalgamation of augmented reality (AR) and virtual reality (VR) technologies, and the use of multi-sensor systems.

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Which Key Market Drivers Powering 3D Metrology Market Expansion and Growth?
The growth of the 3D metrology market is largely fueled by the rise in adoption of Industry 4.0. Known as the fourth industrial revolution, Industry 4.0 emphasizes on data interconnection, machine learning, and real-time information. In efforts to shift towards Industry 4.0 to enhance manufacturing efficiency as well as to increase connectedness and access to live data across all stakeholders involved in the supply chain, industries and businesses worldwide are pouring their capital into inventive technologies such as superior 3D metrology systems. As per a research by the National Association of Software and Services Companies in partnership with Capgemini in 2022, Industry 4.0 investments surged by 10 times within a decade, from 2010 to 2020, and are anticipated to hit $200 billion by 2025. Consequently, this surge in Industry 4.0 acceptance is likely to boost the growth of the 3D metrology market.

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Which Fast-Growing Trends Are Poised to Disrupt the 3D Metrology Market?
The evolving technology is emerging as a significant trend in the 3D metrology market. Leading enterprises in this market are channeling their resources towards the creation of innovative technologies aimed at delivering quicker and more efficient 3D measurement solutions. For example, Shining 3D, a firm based in China that specializes in 3D digitization and inspection technologies, premiered FreeScan UE Pro to extend the FreeScan UE series of blue laser Metrology 3D scanners. The FreeScan UE Pro merges laser power and photogrammetry to provide a fully equipped, highly productive solution for large-scale 3D inspection and reverse engineering. It retains the high precision, top-notch accuracy, and portability of FreeScan UE and enhances it with fine scanning and precise control over the scanning of large-scale workpieces.

What Are the Emerging Segments in the 3D Metrology Market?
The 3D metrology market covered in this report is segmented -

1) By Product: Coordinate Measuring Machine (CMM), Optical Digitizer and Scanner (ODS), Automated Optical Inspection, Video Measuring Machine (VMM), Other Products
2) By Application: Quality Control & Inspection, Reverse Engineering, Virtual Simulation, Other Applications
3) By End User: Aerospace & Defense, Automotive, Heavy Machinery Industry, Electronics, Architecture & Construction, Mining, Other End Users

Subsegments:
1) By Coordinate Measuring Machine (CMM): Bridge CMM, Gantry CMM, Horizontal Arm CMM, Portable CMM, Articulated Arm CMM
2) By Optical Digitizer and Scanner (ODS): Laser Scanners, Structured Light Scanners, White Light Scanners
3) By Automated Optical Inspection: 2D Automated Optical Inspection, 3D Automated Optical Inspection
4) By Video Measuring Machine (VMM): Manual Video Measuring Machines, CNC Video Measuring Machines
5) By Other Products: 3D Laser Trackers, 3D Coordinate Measurement Systems, Digital Microscopes

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Who Are the Global Leaders in the 3D Metrology Market?
Major companies operating in the 3D metrology market include FARO Technologies Inc., Hexagon AB, Nikon Corporation, Carl Zeiss AG, Keyence Corporation, Northern Digital Inc., Novacam Technologies Inc., Jenoptik AG, Mitutoyo Corporation, KLA Corporation, Perceptron Inc., Renishaw plc, Creaform Inc., Baker Hughes Company, CyberOptics Corporation, Trimble Inc., 3D Systems Inc., Automated Precision Inc., Metrologic Group, Additive Manufacturing Technologies, Carmar Accuracy Co. Ltd., Intertek Group plc, Bruker Corporation, Shining 3D Tech Co. Ltd., InnovMetric Software Inc., Artec 3D, AccuScan Inc., Capture 3D, Centre for Process Innovation Limited, Johnson Matthey plc

Which are the Top Profitable Regional Markets for the 3D Metrology Industry?
North America was the largest region in the 3D metrology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the 3D metrology market share during the forecast period. The regions covered in the 3D metrology market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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