3D Metrology Market 2023 | Size, Demand, Industry Growth and Forecast 2028
According to the latest report by IMARC Group, “3D Metrology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,”, 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. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Three-dimensional (3D) metrology is a technological system that is used for measuring distance, length, height and point of a 3D object. It assists in converting a 2D architectural model into images and videos, which provides precise and reliable information about damaged products. It comprises a software for identifying production trends and evaluating real-time deviations; hardware, such as optical digitizer and scanner (ODS), coordinate measuring machine (CMM), 3D automated optical inspection (AOI) system, and video measuring machine (VMM); and services for quality control and inspection, reverse engineering, virtual simulation and 3D scanning.
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Market Trends
The market is witnessing growth owing to the increasing applications of 3D metrology in the automotive industry. This can also be accredited to the inflating income levels and escalating demand for luxury goods and high-end vehicles worldwide. Apart from this, it is employed in the aerospace, automotive, construction, and energy and power sectors for increasing flexibility, reducing set-up time, improving accuracy and enhancing productivity. Furthermore, several manufactures are adopting 3D metrology solutions in their production processes for maintaining the quality of the products. This is expected to strengthen the market growth in the coming years.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- 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.
The report has segmented the market on the basis of Offering, Product, Application, End-Use, and Region.
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
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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