3D Metrology Market by Product Type (CMM, ODS, VMM, 3D AOI, 3D X-ray &CT), Application (Quality Control & Inspection, Reverse Engineering, Virtual Simulation), Offering, End-user Industry and Geography (2022-2027)
The 3D metrology market is projected to grow from USD 10.6 billion in 2022 to reach USD 15.9 billion by 2027 ; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.4% from 2022 to 2027.
“3D metrology market for automotive industry is expected to hold the largest share from 2022 to 2027 ”
The automotive segment is expected to account for the largest share of the 3D metrology market. The shift in preference from off-line quality inspection to near-line or in-line measurement techniques, which enables higher sampling rates and shorter inspection times in the automotive industry, is expected to drive the growth of the industrial metrology market for this industry. The growing demand for electric vehicles and automobiles is expected to fuel the growth of the 3D metrology market in the near future.
The CMM segment is expected to account for the largest share of the 3D metrology market during the forecast period. The rising need for precision dimensional analysis and validation of geometric accuracy in the manufacturing, automotive, and aerospace & defense industries is the factor responsible for the largest share of the CMM segment.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=203080758
Moreover, the increasing adoption of CMMs in the medical, electronics, energy & power, and heavy machinery industries to maintain product quality is the major driver for the growth of the 3D metrology hardware market. The growth of the CMM segment can be attributed to the growing demand for non-contact CMMs for quality control and inspection applications in various industries, including automotive and aerospace &
Key players in the 3D metrology market include Hexagon (Sweden), FARO Technologies (US), Nikon Corporation (Japan), ZEISS Group (Germany), KLA Corporation (US), KEYENCE (Japan), Jenoptik (Germany), Renishaw (UK), Mitutoyo Corporation (Japan), Creaform (Canada), GOM (Germany), CHOTEST
TECHNOLOGY INC. (China). Apart from these, CyberOptics Corp. (US), Trimble, Inc. (US), SGS Group (Switzerland), Ikustec (Spain), Perceptron, Inc (US), 3D Systems (US),
“ 3D metrology market for quality control & inspection to witness highest CAGR during the forecast period”
The quality control & inspection application segment is expected to dominate the 3D metrology hardware market from 2022-2027. The increasing competition and need for improving safety in industrial operations have resulted in the high adoption of quality control and inspection systems in various industries, including automotive, aerospace & defense, and semiconductors. In these industries, maintaining and enhancing the quality of a product is of high importance. Automotive and aerospace & defense are the major industries where 3D metrology is used for quality control and inspection. 3D inspection technologies such as laser scanning can be used to process the interiors and bodywork of vehicles in a reliable, quick, and accurate manner.
“ 3D metrology market for quality control & inspection to witness highest CAGR during the forecast period”
The quality control & inspection application segment is expected to dominate the 3D metrology hardware market from 2022-2027. The increasing competition and need for improving safety in industrial operations have resulted in the high adoption of quality control and inspection systems in various industries, including automotive, aerospace & defense, and semiconductors. In these industries, maintaining and enhancing the quality of a product is of high importance. Automotive and aerospace & defense are the major industries where 3D metrology is used for quality control and inspection. 3D inspection technologies such as laser scanning can be used to process the interiors and bodywork of vehicles in a reliable, quick, and accurate manner.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companieshelping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441
