PUBLISHER: 360iResearch | PRODUCT CODE: 1434607
PUBLISHER: 360iResearch | PRODUCT CODE: 1434607
[193 Pages Report] The 3D Metrology Market size was estimated at USD 13.01 billion in 2023 and expected to reach USD 14.15 billion in 2024, at a CAGR 9.35% to reach USD 24.33 billion by 2030.
Global 3D Metrology Market
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 13.01 billion |
Estimated Year [2024] | USD 14.15 billion |
Forecast Year [2030] | USD 24.33 billion |
CAGR (%) | 9.35% |
3D metrology is a new approach to measuring the dimensions of components without physically touching them, which is a scientific method to study physical measurements. The 3D metrology market is rapidly growing due to the increasing utilization of advanced electronics scanning and modeling technologies, such as automated optical inspection sensor technologies and optical digitizer & scanner (ODS), which are flourishing the evolution of metrology technology, which automatically reduces the dependency on conventional measurement techniques. This, combined with rising demand from sectors such as automotive and manufacturing, drives the development within this field. Although certain cost factors remain a restraint on its potential, plenty of opportunities exist within areas. Aerospace and heavy machinery production can benefit greatly by leveraging state-of-the-art metrology solutions offering improved productivity levels along with superior quality products. However, access to skilled professionals may be limited for handling these systems effectively.
Regional Insights
Increasing research and development (R&D), rising investments in 3D metrology, and the growing usage of 3D data for modeling and analysis in various industries have boosted the adoption of 3D metrology across North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific has shown exponential growth in the forecast period due to the presence of top key players in China and India. Additionally, the growing number of small and medium-scale system manufacturers in countries such as Japan, Singapore, and South Korea, along with the increasing use of virtual simulation in the energy and power industry, are contributing toward boosting the market growth in the region. Furthermore, the North American 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 driving the demand for inline dimensional metrology solutions. In Europe, France has dominated the market for the last few years, attributed to the country's heavy penetration of automotive and aerospace industries. Moreover, Germany is estimated to show significant growth in the forecast period due to the country's availability of large manufacturing units. However, the market growth is moderate in the Middle East & Africa, and South America due to the slower adoption of advanced metrology technology and the lack of skilled workers required to operate video measuring machines (VMM) and coordinate measuring machines (CMMs).
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the 3D Metrology Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the 3D Metrology Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the 3D Metrology Market, highlighting leading vendors and their innovative profiles. These include 3D Systems Corporation, Accu Measuring Solutions, Advantest Corporation, Alicona Imaging GmbH, Amiga Engineering Pty Ltd., Applied Materials, Inc., Artec Europe, S.a.r.l., Automated Precision, Inc., Baker Hughes Company, Bruker Corporation, Carl Zeiss AG, Carmar Accuracy Co., Ltd., Chotest Technology Inc., CyberOptics Corporation, Dimensional Metrology Services, Exact Metrology, Faro Technologies, Inc., GelSight, Inc., Geodetic Systems, Inc., Heliotis AG, Hexagon AB, Hi-Tech Metrology Pty Ltd., HS&S Machine Tools and Metrology Inc., Ikustec, InnovMetric Software Inc., Intertek Group PLC, JENOPTIK AG, KEYENCE CORPORATION, KLA Corporation, Met Optix by DWE Systems Pty. Ltd., Metrologic Group SAS, Mitutoyo Corporation, Nano Vacuum Pty Ltd., Nikon Corporation, Novacam Technologies Inc., Oqton Denmark ApS, Perceptron Inc., Polyrix Inc., Precise 3D Metrology & Design Solutions Pvt. Ltd., ReGenerateNZ Ltd., Renishaw PLC, Rigaku Corporation, Scan-Xpress, SENSOFAR TECH, S.L., SGS SA, Shining 3D Tech Co., Ltd., Trimble Inc., TRIMOS SA, Veris Ltd., Vision Miner, WENZEL Group GmbH & Co. KG, Zebicon A/S, and Zygo Corporation.
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the 3D Metrology Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the 3D Metrology Market?
3. What are the technology trends and regulatory frameworks in the 3D Metrology Market?
4. What is the market share of the leading vendors in the 3D Metrology Market?
5. Which modes and strategic moves are suitable for entering the 3D Metrology Market?