3D Metrology Market (By Component: Hardware, Software, Services; By Hardware: Coordinate Measuring Machine (CMM), Optical Digitizer & Scanner (ODS), Video Measuring Machine (VMM), 3D Automated Optical Inspection (AOI) System; By Services: Quality Control & Inspection, Reverse Engineering, Virtual Simulation, 3D Scanning; By End-use: Aerospace, Automotive, Medical, Construction & Engineering, Heavy Machinery, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 20212030

The global 3D metrology market size is expected to be worth around US$ 13.6 billion by 2030, according to a new report by Vision Research Reports.

The global 3D metrology market size was valued at US$ 9.3 billion in 2020 and is anticipated to grow at a CAGR of 10.8% during forecast period 2021 to 2030.

Report Coverage

Growth Factors

 Increasing demand for high precision and accuracy in measurement, advancements in 3D metrology systems, growing focus on quality control, and hike in R&D expenditure is expected to fuel the market growth over the forecast period.

The increasing adoption of 3D metrology equipment in industries such as automotive, aerospace, engineering and construction, medical, electronics, heavy machinery, and energy and power is one of the most influential factors behind the growth of the market.

By Component Analysis

Based on component, the market for 3D metrology has been further segmented into hardware, software, and services. The software segment dominated for 34.2% of the overall market in 2020. The software enables complete data accumulation and measurement from numerous sources. 

Service providers manage these requirements of measuring large parts at client’s facilities. They also offer calibration services, training, equipment rental, tool design, automation, and system integration of measurement equipment.

By Hardware Analysis

The hardware segment for the 3D metrology market is categorized into Optical Digitizer and Scanner (ODS), Coordinate Measuring Machine (CMM), 3D Automated Optical Inspection (AOI) System, and Video Measuring Machine (VMM). 

The rise in the adoption of super-high-speed metrology hardware and software in several diverse organizations such as medical, building information modeling (BIM), automotive, aerospace, archaeological architecture research, and restoration adds value to the manufacturing process.

By Services Analysis

The services segment for the market for 3D metrology is categorized into quality control and inspection, reverse engineering, virtual simulation, and 3D scanning. The reverse engineering segment dominated the market in 2018 and was valued at USD 2.7 billion.

The trend accreditation of calibration laboratories by A2LA is also crucial for the provision of quality service to foster customer confidence. The services personnel are dedicated to the compliance of ISO 9001:2008, AS9100:2009, ISO 10012, ANSI/NCSL Z540 (the U.S. only), and ISO/IEC 17025.

By End-use Analysis

Based on end use, the market for 3D metrology is segmented into aerospace, automotive, medical, construction and engineering, heavy machinery, and others. The industries such as electronics, power generation, and automotive need components having low tolerance limits and high precision.

 The automotive segment accounted the market and accounted for 23.8% of the market in 2020. The growth in the demand for high-end vehicles, as well as fuel-efficient transport, especially in emerging economies, is anticipated to spur the demand for 3D metrology solutions over the next decade.

By End-use Analysis

North America accounted the market for 3D metrology and was valued at USD 5.1 billion in 2020. The region is mainly driven by the strong presence of aerospace, automotive, and pharmaceutical equipment manufacturers in the U.S. Rapid automation of the automotive manufacturing facilities is one of the significant factors behind the demand for inline dimensional metrology solution.

Asia Pacific is slated to witness the highest CAGR of 12.0% from 2021 to 2030 owing to the presence of flourishing industrial economies such as China, India, and Japan. The Asia Pacific region is the manufacturing hub for most of the industrial products.

Key Players

 3D Systems, Inc.; Zeiss International; FARO Technologies, Inc.; Hexagon AB; Intertek Group Plc; Nikon Corporation; KLA Corporation; Keyence Corporation; Perceptron, Inc.; Renishaw Plc; and Applied Materials

Market Segmentation

• Component 

  • Hardware

  • Software

  • Services

• Hardware

  • Coordinate Measuring Machine (CMM)

  • Optical Digitizer & Scanner (ODS)

  • Video Measuring Machine (VMM)

  • 3D Automated Optical Inspection (AOI) System

• Services 

  • Quality Control & Inspection

  • Reverse Engineering

  • Virtual Simulation

  • 3D Scanning

• End-use 

  • Aerospace

  • Automotive

  • Medical

  • Construction & Engineering

  • Heavy Machinery

  • Others

• Regional 

  • North America

    • The U.S.

    • Canada

  • Europe

    • The U.K.

    • Germany

    • France

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Latin America

    • Brazil

    • Mexico

  • Middle East and Africa

The 3D Metrology market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of 3D Metrology market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global 3D Metrology market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the 3D Metrology market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted 3D Metrology market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the 3D Metrology capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of 3D Metrology by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global 3D Metrology market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major 3D Metrology market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of 3D Metrology market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the 3D Metrology industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

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.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of 3D Metrology market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new 3D Metrology market. These factors have benefited the growth of the global market for 3D Metrology. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for 3D Metrology. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of 3D Metrology are as follows:

• History Year: 2017-2020

• Base Year: 2021

• Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.