Key Highlights
• Several sectors, including aerospace & Défense, energy & power, automotive, electronics, heavy equipment and pharmaceutical use 3D modelling. The data points used to build a 3D model from a 3D object are gathered by sensors or coordinate measuring devices (CMMs) equipped with sophisticated data models and tools. The ability to assess product effectiveness and quality using information gathered through 3D metrology is crucial for the industrial sector. To guarantee the precision of manufactured goods, a manufacturing company distributes this data with its designing, purchasing, and other company divisions. Measurement modelling, which includes visualizing measurements taken into account during a production process, is another application of 3D metrology.
• The market size of the worldwide 3D metrology market surpassed USD 12.09 billion in 2022, and by 2032, it is projected to reach USD 28.33 billion, boosting at a CAGR of 7.25%.
• In May’21 ZEISS International grabbed GOM 3D a non-contact measuring approaches, the US partner for Capture 3D. Consumers of ZEISS International will be given access to a fully integrated experience to get the best metering system solutions for their tasks with this purchase on a global scale. By implementing this strategic move, ZEISS International also expanded its business presence in the US.
• In the demand over 3D metrology, the introduction of industry 4.0 has a big impact on how the services sector emerges. Digitizing physical assets and incorporating them into digital communities with various value chain players are the objectives of Industry 4.0. The market's growth has been fuelled by sizable improvements in portable metrology instruments and software-driven automated processes. The growing need for high-end products brought on by rising disposable income in quickly developing economies and countries with a low GDP is anticipated to be the driving force behind demands for organizations to implement 3D metrology solutions. Additionally, many sectors are focusing on producing high-quality goods through precise measurement using state-of-the-art 3D metrology techniques and tooling. Almost all industrial uses benefit from high-precision measurement solutions.
Scope of the Industry Profile
Key Players
• Hexagon AB (Sweden)
• FARO Technologies, Inc. (US)
• Keyence Corporation (Japan)
• Jenoptik AG (Germany)
• Nikon Corporation (Japan)
• Mitutoyo Corporation (Japan)
• ZEISS Group (Germany)
• KLA Corporation (US)
• Perceptron, Inc. (US)
• Renishaw plc (UK)
Segmentation
By Product
• 3D Automated Optical Inspection System Coordinate
• Video Measuring Machine
• Coordinate Measuring Machine
• Optical Digitizer and Scanner
• Others (CT System, 3D X-ray)
By Component
• Hardware
• Software
• Services
By Application
• Quality Control & Inspection
• Virtual Simulation
• Reverse Engineering
• Other Applications
By End User
• Semiconductors & Electronics
• Architecture & Construction
• Aerospace & Défense
• Industrial
• Automotive
• Medical
• Other End Users
What To Expect from Industry Profile
1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the 3D Metrology market in the world.
2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global 3D Metrology market.
3. Leading company profiles reveal details of key 3D Metrology market players’ global operations, strategies, financial performance & their recent developments.
4. Add weight to presentations and pitches by understanding the future growth prospects of the Global 3D Metrology market with forecast for decade by both market share (%) & revenue (USD Million).
Recent Development
• In October 2021 Hexagon's Production Intelligence division revealed the release of a revised edition of its unique software plugin for the robust PolyWorks platform for third-party inspection.
• In August 2021 Renishaw exhibited its MODUS evaluation software's most recent updates at EMO Milano. The software remains at the forefront of high-performance industrial inspection and offers Renishaw's REVO 5-axis multi-sensor measuring system for CMMs the best possible performance base. The excellent REVO system provides 6 configurable sensors, all on one CMM, with the speed, precision, and adaptability of a 5-axis structure.
• In June 2021 FARO Technologies, Inc. revealed that it had acquired HoloBuilder, Inc. (US). FARO now has access to HoloBuilder's industry-leading photogrammetry-based 3D platform, which offers hardware-independent picture capture, authorization, and viewing for the swiftly growing digital twin market.
Segment Insights
• The decision of several manufacturers to use precision measuring equipment for quality control and scrutiny in the plant is driving the market on a global scale. Défense and aircraft are expected to have the greatest CAGR throughout the projected period as the manufacturing sector continues to grow in an identical way to the automotive sector. Additionally, the frequent use of scanning devices & visual digitizers in the Défense & the aerospace sector and automotive sectors results in very high earnings from CMM unit sales, which will open up lucrative market opportunities. The ability of hardware to fit into industries like construction and Défense is expected to lead to its growth to accelerate over the span of the projected period.
Regional Insights
• The Asia Pacific market is anticipated to expand at a healthy segment during the projected timeframe. This is mainly due to the presence of sizable automotive corporations, the development of aviation infrastructure, and the demand for precise metrology goods and services. The introduction of new aircraft manufacturing facilities and the attraction of major global players to establish offices in the region have all seen significant development in Singapore, Malaysia, and India over the past few years.
• The world's manufacturing hub is China. As manufacturing methods become more precise and complex, the market for 3-Dimensional metrology software is expected to grow. Several international and domestic companies that provide manufacturing services are presently based in China. The Asia-Pacific area has experienced a rise in spending on manufacturing offerings, which has aided the market's growth. This is due to cheap labour costs and simple access to raw materials.
1 INTRODUCTION
1.1 Study Objectives
1.2 Market Definitions
1.2.1 Inclusions & Exclusions
1.2.2 Region: Inclusions & Exclusions
1.2.3 Study Scope
1.2.3.1 Markets Covered
1.2.3.2 Regional Scope
1.2.3.3 Years Considered
1.2.4 Currency Considered
1.2.5 Limitations
1.2.6 Summary Of Report (Chapter Wise Summary)
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary & Primary Research
2.1.2 Secondary Data
2.1.2.1 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Sources
2.2 Market Breakdown & Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 EXECUTIVE SUMMARY
4 ACROSS THE GLOBE
4.1 Upcoming Attractive Market Opportunities
4.2 Country Wise Market Growth
4.3 Segment Wise Market Growth
5 MARKET OVERVIEW
5.1 Market Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 PORTOR’S Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Market Premium insights (Enterprise license)
5.4.1 Case Study Analysis
5.4.2 Country Wise Import & Export Data (If
Applicable)
5.4.3 Regulatory Bodies & Authorization
Across the Globe
5.4.4 Key Conferences & Events: 2022 &
2023
5.4.5 Top Patents for The Market: 2022
6 3D METROLOGY MARKET OVERVIEW, BY
COMPONENT
6.1 Global Market Revenue & Share Analysis, By Component
6.1.1 Hardware
6.1.2 Software
6.1.3 Service
6.2 Global Market Revenue & Share Analysis, 2018 – 2022
6.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
6.4 Key Takeaways
7 3D METROLOGY MARKET OVERVIEW, BY
APPLICATION
7.1 Global Market Revenue & Share Analysis, By Application
7.1.1 Quality Control & Inspection
7.1.2 Virtual Simulation
7.1.3 Reverse Engineering
7.1.4 Other Applications
7.2 Global Market Revenue & Share Analysis, 2018 – 2022
7.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
7.4 Key Takeaways
8 3D METROLOGY MARKET OVERVIEW, BY
END USER
8.1 Global Market Revenue & Share Analysis, By End User
8.1.1 Semiconductors & Electronics
8.1.2 Architecture & Construction
8.1.3 Aerospace & Défense
8.1.4 Industrial
8.1.5 Automotive
8.1.6 Medical
8.1.7 Other End Users
8.2 Global Market Revenue & Share Analysis, 2018 – 2022
8.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
8.4 Key Takeaways
9 3D METROLOGY MARKET
OVERVIEW, BY PRODUCT
9.1 Global Market Revenue & Share Analysis, By Product
9.1.1 3D Automated Optical Inspection System
Coordinate
9.1.2 Video Measuring Machine
9.1.3 Coordinate Measuring Machine
9.1.4 Optical Digitizer and Scanner
9.1.5 Others (CT System, 3D X-ray)
9.2 Global Market Revenue & Share Analysis, 2018 – 2022
9.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
9.4 Key Takeaways
10 3D METROLOGY MARKET OVERVIEW, BY
REGION
10.1 Global Market Revenue & Share Analysis, By Region
10.1.1 North America
10.1.2 Europe
10.1.3 Asia Pacific
10.1.4 Middle East & Africa
10.1.5 South America
10.2 Global Market Revenue & Share Analysis, 2018 – 2022
10.3 Global Market Revenue & Share Forecast Analysis, 2023 –
2032
10.4 Key Takeaways
11 NORTH AMERICA MARKET ANALYSIS
11.1 North America Market Revenue & Share Analysis, By
Component
11.2 North America Market Revenue & Share Analysis, By
Application
11.3 North America Market Revenue & Share Analysis, By End User
11.4 North America Market Revenue & Share Analysis, By Product
11.5 North America Market Revenue & Share Analysis, By Country
11.5.1 US
11.5.2 Canada
11.5.3 Mexico
11.6 Key Takeaways
12 EUROPE MARKET ANALYSIS
12.1 Europe Market Revenue & Share Analysis, By Component
12.2 Europe Market Revenue & Share Analysis, By Application
12.3 Europe Market Revenue & Share Analysis, By End User
12.4 Europe Market Revenue & Share Analysis, By Product
12.5 Europe Market Revenue & Share Analysis, By Country
12.5.1 UK
12.5.2 Italy
12.5.3 Spain
12.5.4 Germany
12.5.5 France
12.5.6 Rest of Europe
12.6 Key Takeaways
13 ASIA PACIFIC MARKET ANALYSIS
13.1 APAC Market Revenue & Share Analysis, By Component
13.2 APAC Market Revenue & Share Analysis, By Application
13.3 APAC Market Revenue & Share Analysis, By End User
13.4 APAC Market Revenue & Share Analysis, By Product
13.5 APAC Market Revenue & Share Analysis, By Country
13.5.1 China
13.5.2 Japan
13.5.3 India
13.5.4 South Korea
13.5.5 Rest of APAC
13.6 Key Takeaways
14 MIDDLE EAST & AFRICA MARKET
ANALYSIS
14.1 MEA Market Revenue & Share Analysis, By Component
14.2 MEA Market Revenue & Share Analysis, By Application
14.3 MEA Market Revenue & Share Analysis, By End User
14.4 MEA Market Revenue & Share Analysis, By Product
14.5 MEA Market Revenue & Share Analysis, By Country
14.5.1 GCC
14.5.2 South Africa
14.5.3 Rest of MEA
14.6 Key Takeaways
15 SOUTH AMERICA MARKET ANALYSIS
15.1 SA Market Revenue & Share Analysis, By Component
15.2 SA Market Revenue & Share Analysis, By Application
15.3 SA Market Revenue & Share Analysis, By End User
15.4 SA Market Revenue & Share Analysis, By Product
15.5 SA Market Revenue & Share Analysis, By Country
15.5.1 Brazil
15.5.2 Argentina
15.5.3 Rest of SA
15.6 Key Takeaways
16 COMPETITIVE SCENARIO
16.1 Overview
16.2 Key Players Market Share Analysis
16.3 Recent Developments & Product Launches
16.4 Mergers & Acquisitions
16.5 Partnerships, Agreements & Collaborations
17 COMPANY PROFILES
17.1 Overview
17.2 Key players
17.2.1 Hexagon AB (Sweden)
17.2.1.1 Business Overview
17.2.1.2 Products Offered
17.2.1.3 Financial Insights
17.2.1.4 Strategic Developments
17.2.1.4.1 New Product Launches
17.2.1.4.2 Agreements & Collaborations
17.2.1.5 Business Aspects (NOISE Analysis)
17.2.1.5.1 Key Strengths
17.2.1.5.2 Opportunities
17.2.1.5.3 Weaknesses & Competitive Threats
17.2.1.5.4 Needs & Improvements
17.2.2 FARO Technologies, Inc. (US)
17.2.3 Keyence Corporation (Japan)
17.2.4 Jenoptik AG (Germany)
17.2.5 Nikon Corporation (Japan)
17.2.6 Mitutoyo Corporation (Japan)
17.2.7 ZEISS Group (Germany)
17.2.8 KLA Corporation (US)
17.2.9 Perceptron, Inc. (US)
17.2.10 Renishaw plc (UK)
18 DISCLAIMER
19 APPENDIX
