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Global 3D Metrology Systems Market Share, Size, Emerging Trends, Global Insights, Analysis, Overview and Forecasts 2016-2020
3D metrology is a method of accurately surmising the dimensions of an object. It can also accurately identify the distance of an object from a particular point. It is of vital importance in assessing the quality of manufactured products. The 3D metrology market is projected to grow at CAGR exceeding 7% over the forecast period (20162020). One of the market drivers is the flourishing automotive industry. Resurgence of the manufacturing sector as well as portable metrology solutions is driving the market. The global market is fragmented according to products, applications, end-users, and regions. Products entail Video Measuring Machine (VMM), Optical Digitizer and Scanner (ODS), and Coordinate Measuring Machine (CMM). Browse Detail Report With TOC @ http://www.hexareports.com/report/global-3d-metrology-systems-market-2016-2020/details CMMs are preferred by end-users across all industries. They are in demand for their dimensional accuracy in the product development process of companies. Need for quality standards in a product development process will be the prime factor driving demand for this product in the next four years. CMMs embedded with scanning sensors are currently trending the market. For example, Nikon has already launched a multi-contact metrology system capable of measuring 120,000 points per second.
Hexa Reports Market Research Reports and Insightful Company Profiles Virtual simulation, quality control & inspection, reverse engineering, and others are major market applications. Quality control & inspection and virtual simulation are applications currently leading with major market shares. End-users encompass automotive, architecture & construction, heavy machinery, energy & power, aerospace & defense, electronics, geospatial, medical, and others. Architecture & construction are gaining traction in the market. This can be attributed to scanners used to assess the dimensions of the building with the help of computer-aided design (CAD). Regions comprise of Asia Pacific, North America, Europe, and Rest of the World (RoW). North America is likely to lead the global 3D metrology systems market due to the presence of major energy & power, architecture & construction, and automotive industries in the region. Prominent companies in the global 3D metrology systems market are Hexagon AB; Faro Technologies, Inc.; Carl Zeiss AG; and Mitutoyo Corporation. Price wars are a huge issue in the industry. Domestic players are offering customized 3D metrology systems and offering it at a much lower price to gain advantage over international players. Technological innovations are another method used by these players. Semiconductors Market Research Related Reports:  Photonic Integrated Circuit (IC) Market Analysis And Segment Forecasts To 2024 http://www.hexareports.com/report/photonic-integrated-circuit-ic-market/details  Semiconductor Laser Market Analysis And Segment Forecasts To 2024 http://www.hexareports.com/report/semiconductor-laser-market/details Table Of Content PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Common currency conversion rates Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights
Hexa Reports Market Research Reports and Insightful Company Profiles PART 05: Market landscape Market overview Market size and forecast Five forces analysis PART 06: Market segmentation by product CMM market ODS market VMM market PART 07: Market segmentation by end-user 3D metrology systems market: automotive segment 3D metrology systems market: others segment PART 08: Geographical segmentation 3D metrology systems market in Americas 3D metrology systems market in EMEA 3D metrology systems market in APAC PART 09: Market drivers Increased demand from automotive industry Increase in inspection of products using CMMs Increased demand for mobile and portable CMMs PART 10: Impact of drivers PART 11: Market challenges Low penetration of ODSs High total cost of ownership Availability of low-quality CMMs PART 12: Impact of drivers and challenges PART 13: Market trends Availability of shop-floor CMMs Integration of CMMs with scanning sensors Opening up of CMM controller architecture PART 14: Buying behavior PART 15: Vendor landscape Competitive scenario Prominent vendors PART 16: Appendix List of abbreviations PART 17: Explore Technavio
Hexa Reports Market Research Reports and Insightful Company Profiles Browse Full Report @ http://www.hexareports.com/report/global-3d-metrology-systems-market-2016-2020/details About Us: Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Information: Ryan Shaw Felton Office Plaza, 6265 Highway 9, Felton, California, 95018, United States Phone Number 1-800-489-3075 Email Us: sales@hexareports.com Our Website: http://www.hexareports.com/ Visit our Blog: http://hexareports.blogspot.com/ Like our Facebook page: https://www.facebook.com/hexareportsindustry/ Follow us on LinkedIn: https://www.linkedin.com/company/hexa-reports-inc-