The global 3D metrology market size was USD XX Mn in 2022 and is likely to reach USD XX Mn by 2031, expanding at a CAGR of XX% during, 2023–2031. The growth of the market is attributed to the growing use of 3D data in modeling analysis across various industries.
3D metrology services are widely used in quality control & inspection applications. These services are a collection of data by scanners or coordinate measuring machines (CMMs) with data models & tools used to create a 3D object. Furthermore, 3D objects help create 3D models for different products. This data is shared with different business units of the manufacturing company for designing, scheduling, and purchasing. The data helps ensure accuracy in manufactured products.
3D metrology is used in measurement modeling. This step involves visualization of measurements that are considered during production process. Large amount of 3D data is required in defining a product for precision inspection. The use of 3D metrology services is a recent trend, which allows the use of 3D scanners in combination with CMMs.
Moreover, 3D laser scanners, laser trackers, and white-light scanners are used as dimensional metrology technology for fast & precise results. These solutions have made data capturing fast and easy while ensuring high accuracy. Small laser trackers with large-volume measuring capacities are used in industries including aerospace and automotive for achieving highly precise measurements.
The COVID-19 pandemic hampered the overall revenue of the global 3D metrology market due to a sharp decline in the manufacturing processes across various industries worldwide. However, the pandemic increased the usage of advanced technology to measure dimensions in various countries, fueled the installation of metrology services in industries and research labs including shop floors, research & development labs, and pre-dispatch inspection units.
3D Metrology Market Dynamics
Drivers
Increasing number of applications in various industries including electronics, medical, energy & power, and aerospace is expected to drive the market. 3D metrology is used in the manufacturing sector for product performance & quality assessment, which is a crucial step in product manufacturing thus, boosting the market.
Restraints
High installation and maintenance costs hinder market growth. Thus, small- and medium-sized enterprises (SMEs) face investment issues. Manufacturers prefer to collaborate with third-parties for 3D metrology services and facilities for their product development and production process. These factors restrain the market.
Opportunities
Growing demand for 3D metrology facilities and limited metrology expert sources are projected to create lucrative opportunities in the market. Many 3D metrology equipment providers offer on-site services, which help manufacturers save time and costs of outsourcing parts in measuring process. Thus, increasing opportunities in the market.
Scope of 3D Metrology Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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3D Metrology Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Component (Software and Hardware), Product (Optical Digitizer & Scanner (ODS), Coordinate Measuring Machine (CMM), 3D Automated Optical Inspection (AOI) System, and Video Measuring Machine (VMM)), Service (Virtual Simulation, Quality Control & Inspection, 3D Scanning, and Reverse Engineering), and End-user (Medical, Aerospace, Construction & Engineering, Automotive, Heavy Machinery, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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FARO; Hexagon AB; 3D Systems, Inc.; Holobuilder; Bruker; Metrologic Group; Zeiss Group; KEYENCE CORPORATION; Wurth Additive Group; and Mitutoyo Corporation
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3D Metrology Market Segment Insights
Based on component, the 3D metrology market is divided into software and hardware. The hardware segment is expected to expand at a significant pace during the projection period owing to the rising demand for coordinate measuring machines (CMMs) for quality and inspection services. Thus, hardware equipment is used in industries such as architecture, building, aerospace, defense, and heavy machinery to sustain the quality of products, which results in the growth of the segment.
On the basis of product, the global market is segregated into optical digitizer & scanner (ODS), coordinate measuring machine (CMM), 3D automated optical inspection (AOI) system, and video measuring machine (VMM). The coordinate measuring machine (CMM) segment is projected to register a considerable CAGR during the forecast period, as it is widely used in geometric dimensioning and tolerance (GD&T) measurement, precision measurement, and inspection in automotive industry. Increasing need for sustainable product performance through-life product support and distributed manufacturing are key factors fueling the segment.
In terms of service, the 3D metrology market is segmented into virtual simulation, quality control & inspection, 3d scanning, and reverse engineering. The quality control & inspection segment is expected to expand at a rapid pace during the forecast period due to the increasing competition and need for safety in industries. Maintenance and improvements in the quality of products are crucial priority of many industries such as medicine, aerospace, construction, and engineering.
Based on end-user, the market is categorized as medical, aerospace, construction & engineering, automotive, heavy machinery, and others. The automotive segment is expected to register a robust pace during the forecast period, as these services are used in the automotive industry in designing, manufacturing, and fixing single components and finished products.
In terms of region, the global 3D metrology market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the projection period due to the increasing infrastructure development in the countries of the region such as Japan, China, and India. Numerous infrastructure development projects are implemented or scheduled in the projection period. These countries are involved in manufacturing aircraft for defense purposes, which in turn, fuels the market in the region.
Segments
The 3D metrology market has been segmented on the basis of
Component
Product
- Optical Digitizer & Scanner (ODS)
- Coordinate Measuring Machine (CMM)
- 3D Automated Optical Inspection (AOI) System
- Video Measuring Machine (VMM)
Service
- Virtual Simulation
- Quality Control & Inspection
- 3D Scanning
- Reverse Engineering
End-user
- Medical
- Aerospace
- Construction & Engineering
- Automotive
- Heavy Machinery
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- FARO
- Hexagon AB
- 3D Systems, Inc.
- Holobuilder
- Bruker
- Metrologic Group
- Zeiss Group
- KEYENCE CORPORATION
- Wurth Additive Group
- Mitutoyo Corporation
Competitive Landscape
Key players competing in the global 3D metrology market are FARO; Hexagon AB; 3D Systems, Inc.; Holobuilder; Bruker; Metrologic Group; Zeiss Group; KEYENCE CORPORATION; Wurth Additive Group; and Mitutoyo Corporation. These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. For instance,
- In October 2021, Hexagon AB’s manufacturing intelligence division announced the launch of an update to its software plug-in PolyWorks, for a powerful third-party inspection software platform.
- In June 2021, FARO announced plans to acquire Holobuilder for its leading photogrammetry-based 3D platform. The platform delivers hardware-agnostic image capture, viewing, and registration to the growing digital market.
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