IMARC Group, a leading market research company, has recently released a report titled “3D Metrology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global 3D metrology market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What Are The Growth Prospects Of The 3D Metrology Industry?
According to the report, The global 3D metrology market size reached US$ 9.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.7 Billion by 2028, exhibiting a growth rate (CAGR) of 8.6% during 2023-2028.
What is 3D Metrology?
Three-dimensional (3D) metrology is a technological system that measures height, distance, length, and the points on a 3D object. It is mainly employed to reverse engineer and analyze defects in different materials and objects. It includes several hardware and software tools, including the optical digitizer and scanner (ODS), video measuring machine (VMM), coordinate measuring machine (CMM), and 3D automated optical inspection (AOI) system. These systems convert 2D architectural models into videos and images to enhance the design, production workflows, and manufacturing processes. As a result, 3D metrology is widely adopted in the automotive, architecture, aerospace, defense, medical, energy, and power sectors across the globe.
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What are the growth prospects and trends in the 3D Metrology industry?
The market is primarily driven by the expanding automotive industry. In addition, the rising demand for high-end and fuel-efficient vehicles and the increasing use of intelligent reverse engineering solutions with the computer-aided design (CAD) model has revolutionized the application mechanism of the 3D metrology system, thereby contributing to market growth. Moreover, the widespread product adoption in the aviation sector for scanning and inspecting intricate components and digitally recreating the scanned parts represents another major growth-inducing factor. Besides this, there is a rise in the deployment of 3D metrology systems for fixture measurement, part archival, corrosion inspection, hail damage depth, and tooling measurement. Furthermore, the surging need for industrial automation and extensive research and development (RD) activities to introduce 3D metrology technologies for modeling and analysis with higher precision and quality control are creating a positive market outlook.
What is included in market segmentation?
The report has segmented the market into the following categories:
Market Breakup by Offering:
- Hardware
- Software
- Services
Market Breakup by Product:
- Coordinate Measuring Machine (CMM)
- Optical Digitizer Scanner (ODS)
- Video Measuring Machine (VMM)
- 3D Automated Optical Inspection System (AoI)
- Form Measurement
Market Breakup by Application:
- Quality Control Inspection
- Reverse Engineering
- Virtual Simulation
- Others
Market Breakup by End-Use Industry:
- Aerospace Defense
- Automotive
- Architecture Construction
- Medical
- Electronics
- Energy Power
- Heavy Industry
- Mining
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- 3D Digital Corporation
- Automated Precision Inc.
- Carl Zeiss AG
- Creaform, Inc.
- FARO Technologies, Inc.
- GOM GmbH
- Hexagon AB
- Jenoptik AG
- KLA Corporation
- Mitutoyo Corporation
- Nikon Metrology NV
- Perceptron, Inc.
- Renishaw PLC.
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