Global 3D Metrology Market Size, Trends and Growth Opportunity, By Offerings (Hardware, Software and Services), By Product Type (Coordinate Measuring Machine (CMM), Operational Data Store, Virtual Machine Manager (VMM), 3D Automated Optical Inspection System, Form Measurement and Others), By Application (Quality Control and Inspection, Reverse Engineering, Virtual Stimulation and Others), By End-Use (Aerospace and Defense, Automotive, Architecture and Construction, Medical, Semiconductors and Electronics, Energy and Power, Heavy Machinery, Mining and Others), By Region and forecast till 2027.
Report ID : IR100280 | Industries : Energy & Power | Published On :May 2024 | Page Count : 115
Global 3D Metrology Market Size, Trends and Growth Opportunity, By Offerings (Hardware, Software and Services), By Product Type (Coordinate Measuring Machine (CMM), Operational Data Store, Virtual Machine Manager (VMM), 3D Automated Optical Inspection System, Form Measurement and Others), By Application (Quality Control and Inspection, Reverse Engineering, Virtual Stimulation and Others), By End-Use (Aerospace and Defense, Automotive, Architecture and Construction, Medical, Semiconductors and Electronics, Energy and Power, Heavy Machinery, Mining and Others), By Region and forecast till 2027.
Global 3D Metrology Market
Global 3D Metrology Market was valued at USD 13.76 billion in 2021 and would rocket up to USD 23.1 billion by 2027 at a CAGR of 7.1% from 2022-2027.
To scan and evaluate sophisticated components and construct the complex components in digital format, a 3D metrology is utilized. The 3D metrology market is experiencing growth-stimulating factors such as increased R&D spending, quality control in product manufacture, and rising production needs from electronics manufacturing businesses. It was created to support designers and engineers in the easy, manual-free process of gathering high-quality data on their products. It enables one of the industry's fastest measuring speeds thanks to the power of cloud computing.
Market Drivers
Everywhere in the world, more money is being expended in R&D to develop unique metrology products and solutions. The electronics sector is experiencing fast technical development as a result of ongoing R&D. In order to boost profitability and satisfy the growing expectations, these industries have also developed new applications for precise management and inspection. These elements are also expected to accelerate the market's expansion. The market for 3D metrology will be significantly influenced by the growing modelling and simulation of 3D data in a diverse range of industries, as well as by the growing market for big data analysis.
The upcoming 3D metrology market's expansion will be further accelerated by the expanding requirements of industry 4.0. Industry 4.0, also known as the "smart factory," is a transitional era of the industrial revolution that connects the information technology and manufacturing sectors. The market anticipates that through improving labour efficiency, maximising asset usage, and minimising disruption, this new phase will present growth prospects. Real-time measurement data is displayed by the industries' installed robots through in-line inspection analysis. All of these elements are anticipated to present the market with profitable growth potential.
Market Restraints
In order to integrate 3D metrology into their products manufacturing and development processes, producers typically set up their own 3D metrology facilities or hire outside vendors. The overall cost of building a 3D metrology facility includes the cost of all other tools, including measuring equipment, installation fees, and maintenance costs. This is a large expenditure for small and medium-sized businesses for such a labour-intensive and complicated mechanism. Over the course of the estimate, this aspect is anticipated to pose difficulties for the 3D metrology market.
Market Segmentation
Global 3D Metrology Market is segmented into Offerings, Product Type, Application and End-Use. By Offerings such as Hardware, Software and Services. By Product Type such as Coordinate Measuring Machine (CMM), Operational Data Store, Virtual Machine Manager (VMM), 3D Automated Optical
Inspection System, Form Measurement and Others. By Application such as Quality Control and Inspection, Reverse Engineering, Virtual Stimulation and Others. By End-Use such as Aerospace and Defense, Automotive, Architecture and Construction, Medical, Semiconductors and Electronics, Energy and Power, Heavy Machinery, Mining and Others.
Regional Analysis
Global 3D Metrology Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The advent of the 5G network and the growth of data centres in the region have made North America the industry leader in 3D metrology. The U.S.'s substantial automobile, aerospace, and pharmaceutical equipment industries are the area's main drivers. Due to the increased demand for high-speed communication devices and the region's predominance of thriving industrial economies like India, China, and Japan, Asia-Pacific is predicted to have robust growth throughout the projected period.
Key Players
This report includes a list of numerous Key Players, namely 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.).
Market Taxonomy
By Offerings
• Hardware
• Software
• Services
• After Sales Service
• Software-as-a-Service
• Storage-as-Service
• Measurement Services
By 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
By Application
• Quality Control and Inspection
• Reverse Engineering
• Virtual Stimulation
• Others
• As-built documentation
• As-built product structure
By 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
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global 3D Metrology Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global 3D Metrology Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global 3D Metrology Market, By Offerings
5.1 Y-o-Y Growth Comparison, By Offerings
5.2 Global 3D Metrology Market Share Analysis, By Offerings
5.3 Global 3D Metrology Market Size and Forecast, By Offerings
5.3.1 Hardware
5.3.2 Software
5.3.3 Services
5.3.4 After Sales Service
5.3.5 Software-as-a-Service
5.3.6 Storage-as-Service
5.3.7 Measurement Services
6 Global 3D Metrology Market, By Product Type
6.1 Y-o-Y Growth Comparison, By Product Type
6.2 Global 3D Metrology Market Share Analysis, By Product Type
6.3 Global 3D Metrology Market Size and Forecast, By Product Type
6.3.1 Coordinate Measuring Machine (CMM)
6.3.2 Operational Data Store
6.3.3 Virtual Machine Manager (VMM)
6.3.4 3D Automated Optical Inspection System
6.3.5 Form Measurement
6.3.6 Others
6.3.7 3D X-Ray
6.3.8 CT systems
7 Global 3D Metrology Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global 3D Metrology Market Share Analysis, By Application
7.3 Global 3D Metrology Market Size and Forecast, By Application
7.3.1 Quality Control and Inspection
7.3.2 Reverse Engineering
7.3.3 Virtual Stimulation
7.3.4 Others
7.3.5 As-built documentation
7.3.6 As-built product structure
8 Global 3D Metrology Market, By End-Use
8.1 Y-O-Y Growth Comparison, By End-Use
8.2 Global 3D Metrology Market Share Analysis, By End-Use
8.3 Global 3D Metrology Market Size and Forecast, By End-Use
8.3.1 Aerospace and Defense
8.3.2 Automotive
8.3.3 Architecture and Construction
8.3.4 Medical
8.3.5 Semiconductors
8.3.6 Electronics
8.3.7 Energy and Power
8.3.8 Heavy Machinery
8.3.9 Mining
8.3.10 Others
8.3.11 Media
8.3.12 Education
8.3.13 Forensics
8.3.14 Fashion and jewellery
8.3.15 Research
9 Global 3D Metrology Market, By Region
9.1 Global 3D Metrology Market Share Analysis, By Region
9.2 Global 3D Metrology Market Share Analysis, By Region
9.3 Global 3D Metrology Market Size and Forecast, By Region
10 North America 3D Metrology Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America 3D Metrology Market Share Analysis, By Offerings
10.3 North America 3D Metrology Market Size and Forecast, By Product Type
10.4 North America 3D Metrology Market Size and Forecast, By Application
10.5 North America 3D Metrology Market Size and Forecast, By End-Use
10.6 North America 3D Metrology Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe 3D Metrology Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe 3D Metrology Market Share Analysis, By Offerings
11.3 Europe 3D Metrology Market Size and Forecast, By Product Type
11.4 Europe 3D Metrology Market Size and Forecast, By Application
11.5 Europe 3D Metrology Market Size and Forecast, By End-Use
11.6 Europe 3D Metrology Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12 Asia Pacific 3D Metrology Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific 3D Metrology Market Share Analysis, By Offerings
12.3 Asia Pacific 3D Metrology Market Size and Forecast, By Product Type
12.4 Asia Pacific 3D Metrology Market Size and Forecast, By Application
12.5 Asia Pacific 3D Metrology Market Size and Forecast, By End-Use
12.6 Asia Pacific 3D Metrology Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America 3D Metrology Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America 3D Metrology Market Share Analysis, By Offerings
13.3 Latin America 3D Metrology Market Size and Forecast, By Product Type
13.4 Latin America 3D Metrology Market Size and Forecast, By Application
13.5 Latin America 3D Metrology Market Size and Forecast, By End-Use
13.6 Latin America 3D Metrology Market Size and Forecast, Country
13.6.1. Brazil
13.6.2. Rest of Latin America
14 Middle East 3D Metrology Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East 3D Metrology Market Share Analysis, By Offerings
14.3 Middle East 3D Metrology Market Size and Forecast, By Product Type
14.4 Middle East 3D Metrology Market Size and Forecast, By Application
14.5 Middle East 3D Metrology Market Size and Forecast, By End-Use
14.6 Middle East 3D Metrology Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.2. UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Hexagon
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 FARO
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Nikon Corporation
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Carl Zeiss AG
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 KLA Corporation
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 KEYENCE CORPORATION
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 JENOPTIK AG
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Renishaw plc.
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Mitutoyo South Asia Pvt. Ltd.
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 CREAFORM
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies