Global 3d Metrology Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 12.61 Billion |
 Market Size (Forecast Year) |
USD 27.22 Billion |
 CAGR |
% |
| Major Markets Players |
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Global 3D Metrology Market Segmentation, By Offerings (Hardware, Software and Services), Product Type (Coordinate Measuring Machine (CMM), Operational Data Store, Virtual Machine Manager (VMM), 3D Automated Optical Inspection System, Form Measurement and Others), Application (Quality Control and Inspection, Reverse Engineering, Virtual Stimulation and Others), End Use (Aerospace and Defense, Automotive, Architecture and Construction, Medical, Semiconductors and Electronics, Energy and Power, Heavy Machinery, Mining and Others) – Industry Trends and Forecast to 2031.
3D Metrology Market Analysis
The growth of the 3D metrology market is anticipated to be driven by the factors such as growth in the automotive industry and focus on quality control while manufacturing the goods across the globe. The rise in the demands of the electronics manufacturing companies and aviation industry is also a factor in the growth of the market. These factors have further prompted the acceleration of the growth rate of the 3D metrology market.
3D Metrology Market Size
Global 3D metrology market size was valued at USD 12.61 billion in 2023 and is projected to reach USD 27.22 billion by 2031, with a CAGR of 10.10% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes |
3D Metrology Key Market Insights |
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Segmentation |
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Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
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Key Market Players |
Hexagon (Sweden), FARO (U.S.), Nikon Corporation (Japan), Carl Zeiss AG (Germany), KLA Corporation (U.S.), KEYENCE CORPORATION. (Japan), JENOPTIK AG (Germany), Renishaw plc. (U.K.), Mitutoyo South Asia Pvt. Ltd. (Japan), CREAFORM. (U.S.), GOM & COMPANY. (Germany), CHOTEST TECHNOLOGY INC. (China), Baker Hughes Company (U.S.), CyberOptics (U.S.), Trimble Inc. (U.S.), SGS SA (Switzerland), IKUSTEC (Spain), Perceptron, Inc. (U.S.), 3D Systems, Inc. (US), Automated Precision, Inc.(API) (US), CARMAR (Taiwan), Intertek Group plc (U.K.), Bruker (U.S.), Shining3D (China), InnovMetric Software Inc. (Canada), Artec Europe. (U.S.), Metrological Media Innovations B.V. (Sweden) |
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Market Opportunities |
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3D Metrology Market Definition
A 3D metrology is used to scan and inspect complex components and creation of the complex components in digital format. The increased expenditure on R&D sector of 3D metrology, quality control during manufacturing goods, and increased production demands from the electronics manufacturing companies are the growth driving factors for the 3D metrology market.
3D Metrology Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rise in the Research and Development (R&D) investments in 3D metrology
The investments in the R&D sector for developing new metrology products and solutions have increased across the globe. Constant R&D in the electronics sector is leading to rapid technological changes. Further, these industries have introduced new applications for precision management and inspection to receive a higher output in terms of productivity and meet the increased demands. These factors are further projected to drive the growth of the market.
Furthermore, the rising use of 3D data for modeling and analysis in various industries and high demand of big data analysis will also act as major drivers for the 3D metrology market.
Opportunities
- Rise in the demands of Industry 4.0
The growing demands of industry 4.0 will further expand the future 3D metrology market's growth rate. Industry 4.0 or smart factory, is a new industrial revolution phase linked together the manufacturing and information technology sectors. This new phase is projected to show growth opportunities by the market by maximizing asset utilization, improvising labor efficiency and reducing downtime. The robots implanted in the industries are used to show real-time measurement data by in line inspection analysis. All these factors are expected to show lucrative growth opportunities for the market.
Restraints/Challenges
- High Cost in Setting up 3D Metrology Facility
The manufacturers usually set up their 3D metrology facilities or contract third parties to incorporate 3D metrology into their product development and production processes. The overall cost for installing a 3D metrology facility includes all the other equipment costs such as measuring equipment, installation cost, and maintenance cost which is a huge amount of investment for small and medium enterprises for such a time-consuming and complex mechanism. This factor is expected to be a challenge for the 3D metrology market over the forecast period.
This 3D metrology market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the 3D metrology market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
3D Metrology Market Scope
The 3D metrology market is segmented on the basis of offerings, product type, application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Offerings
- Hardware
- Software
- Services
- After Sales Service
- Software-as-a-Service
- Storage-as-Service
- Measurement Services
Product Type
- Coordinate Measuring Machine (CMM)
- Operational Data Store
- Virtual Machine Manager (VMM)
- 3D Automated Optical Inspection System
- Form Measurement
- Others
- 3D X-Ray
- CT systems
Application
- Quality Control and Inspection
- Reverse Engineering
- Virtual Stimulation
- Others
- As-built documentation
- As-built product structure
End Use
- Aerospace and Defense
- Automotive
- Architecture and Construction
- Medical
- Semiconductors
- Electronics
- Energy and Power
- Heavy Machinery
- Mining
- Others
- Media
- Education
- Forensics
- Fashion and jewellery
- Research
3D Metrology Market Regional Analysis
The 3D metrology market is analyzed and market size insights and trends are provided by offerings, product type, application and end-use as referenced above.
The countries covered in the 3D metrology market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the 3D metrology market because of the development of data centers along with the introduction of 5G network within the region. The region is primarily driven by the strong presence of automotive, aerospace, and pharmaceutical equipment manufacturers in the U.S.
Asia-Pacific is expected to witness significant growth during the forecast period of 2024 to 2031 due to the rising demand for high speed connectivity devices and the strong presence of flourishing industrial economies such as India, China, and Japan.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
3D Metrology Market Share
The 3D metrology market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to 3D metrology market.
3D Metrology Market Leaders Operating in the Market Are:
- Hexagon (Sweden)
- FARO (U.S.)
- Nikon Corporation (Japan)
- Carl Zeiss AG (Germany)
- KLA Corporation (U.S.)
- KEYENCE CORPORATION. (Japan)
- JENOPTIK AG (Germany)
- Renishaw plc. (U.K.)
- Mitutoyo South Asia Pvt. Ltd. (Japan)
- CREAFORM. (U.S.)
- GOM & COMPANY. (Germany)
- CHOTEST TECHNOLOGY INC. (China)
- Baker Hughes Company (U.S.)
- CyberOptics (U.S.)
- Trimble Inc. (U.S.)
- SGS SA (Switzerland)
- IKUSTEC (Spain)
- Perceptron, Inc. (U.S.)
- 3D Systems, Inc. (US)
- Automated Precision, Inc.(API) (US)
- CARMAR (Taiwan)
- Intertek Group plc (U.K.)
- Bruker (U.S.)
- Shining3D (China)
- InnovMetric Software Inc. (Canada)
- Artec Europe. (U.S.)
- Metrological Media Innovations B.V. (Sweden)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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