3D Metrology Market Size was valued at USD 11.25 billion in 2023, and is expected to reach USD 20.69 billion by 2031, and grow at a CAGR of 7.92% over the forecast period 2024-2031.
The 3D metrology process uses a variety of tools to measure the size and shape of industrial property. 3D scanners, CT scanners, standardized light scanners, a hand-held scanner, laser tracker, central LiDAR center, are some of the most widely used 3D metrology tools on the market. However, advanced technology is integrated with precision tools in the measurement process Vehicles, medical equipment, electronics, and other heavy equipment are all made using 3D metrology technologies.
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A high level of accuracy is required to measure or evaluate medical devices such as artificial limbs, implants, dental implants, and other components of medical equipment. In addition, there are hard-to-reach areas of scanning machines, x-rays and CT scans, as well as other medical devices, which require engineering testing and remediation in order to improve the equipment used to make them. Such features enhance the market growth of 3D metrology. In addition, the manufacturing industries are working hard to adhere to world standards, enhancing product quality.
KEY DRIVERS:
Increased Demand for Quality Control and Improved R&D Spending
Manufacturing industries are increasingly focusing on ensuring the quality of their products. 3D metrology provides a highly accurate and efficient way to measure and inspect parts, helping manufacturers identify and address defects early in the production process. Additionally, there is a growing emphasis on research and development (R&D) in various industries, which is leading to the development of new and innovative products. 3D metrology plays a vital role in R&D by enabling researchers to measure and analyze prototypes and new designs.
Growing Use of 3D Data for Modeling and Analysis
RESTRAINTS:
As 3D metrology systems become increasingly sophisticated and interconnected, their vulnerability to cyberattacks also grows.
OPPORTUNITIES:
Advancements in Sensor Technology and Automation
Constant improvements in sensor technology led to the development of higher-resolution scanners and cameras, capturing increasingly detailed information about objects. Additionally, advancements in automation are leading to the development of automated 3D metrology systems that can operate with minimal human intervention. These advancements enhance the accuracy, speed, and ease of use of 3D metrology, making it more accessible and efficient for manufacturers.
Growth of Cloud-Based Solutions and Data Analytics
CHALLENGES:
Integrating 3D metrology systems into existing manufacturing workflows can be challenging.
The ongoing Russia-Ukraine conflict poses various potential impacts on the 3D metrology market. Supply chain disruptions could lead to a 5% to 10% decrease in production output, stemming from delays in manufacturing and shortages of components. This, combined with market uncertainty, might result in a temporary 10% to 15% slowdown in market growth due to decreased investments. Furthermore, the demand for 3D metrology systems in affected regions could see a significant decline of 10% to 20% due to disruptions in manufacturing sectors. Currency fluctuations may also lead to a 5% to 10% increase in prices of imported equipment for buyers in these areas. On a positive note, increased research and development investments within the affected regions could foster a 5% to 8% growth in the development of new 3D metrology technologies. However, a broader global economic slowdown could contribute to a 10% to 15% decrease in overall demand for 3D metrology systems, particularly impacting industries such as manufacturing and infrastructure.
During times of economic slowdown, the 3D metrology market faces several challenges that can impact its growth trajectory. Businesses tend to scale back their capital expenditure, resulting in a 5% to 15% decline in investments towards 3D metrology systems. This reduction in spending is particularly notable as 3D metrology is often viewed as a non-essential expense by many organizations. Furthermore, key end-user industries such as automotive, aerospace & defense, and electronics, which heavily rely on 3D metrology, could experience a 3% to 10% decrease in demand, directly affecting market sales.
As competition among 3D metrology vendors intensifies during economic downturns, price pressure mounts. This could lead to vendors offering discounts or bundled packages, resulting in a 2% to 5% decrease in average selling prices. While this might benefit buyers in the short term, it poses challenges for the profit margins of 3D metrology companies, potentially hindering market growth in the long run.
Moreover, delayed project implementations due to cautious spending behaviors can further dampen demand for 3D metrology systems and related services. This combination of factors underscores the need for strategic adaptation within the industry, as well as potentially limiting access to funding for new entrants and existing companies seeking growth and innovation in the 3D metrology market.
BY OFFERING
Hardware
Software
Services
After Sales Service
Software-as-a-Service
Storage-as-Service
Measurement Services
BY PRODUCT TYPE
Coordinate Measuring Machine (CMM)
VMM
ODS
3D Automated Optical Inspection System
Form Measurement
Others
The Coordinate Measuring Machine (CMM) sector is projected to see continued revenue growth in the upcoming years, driven by the rising acceptance of cutting-edge measurement technologies, particularly in the automotive and manufacturing sectors. This trend is expected to persist throughout the forecast period, as there is an increasing reliance on advanced quality control methods.
Meanwhile, there are notable growth prospects in the Optical Digitizer & Scanner (ODS) segment, with the Video Measuring Machine (VMM) segment poised to follow suit during the forecast period. Additionally, the Automated Optical Inspection sector is experiencing moderate growth, attributed to ongoing advancements in optical technology.
BY APPLICATION
Quality Control & Inspection
Virtual Simulation
Reverse Engineering
Other
The rising demand for enhanced quality control and inspection within the manufacturing and automotive sectors is driven by the necessity for more accurate final products. 3D metrology offers compatibility with a wide range of objects and tasks where traditional physical instruments may not reach effectively. Tools like coordinate measurement machines are extensively utilized for quality control and inspection across industries such as automotive, aerospace, and defense.
Despite this, the virtual simulation segment has been identified as the fastest-growing sector, with the highest Compound Annual Growth Rate (CAGR) projected in the forecast period. The increasing prevalence of wireless connectivity devices could further propel the adoption of virtual simulation techniques.
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BY END-USER
Aerospace & Defence
Automotive
Architecture & Construction
Medical
Semiconductors & Electronics
Energy & Power
Heavy Machinery
Mining
Others
The automotive sector led in revenue generation for the year 2023, owing to the manifold advantages of this technology in automobile manufacturing processes. A multitude of automotive manufacturers are opting for coordinate measuring machines for quality control and inspection within their factories, thereby propelling the global market forward.
Following closely in the footsteps of the automotive segment, the manufacturing sector is experiencing similar growth trends. On the other hand, the aerospace & defense segment is anticipated to exhibit the highest Compound Annual Growth Rate (CAGR) during the forecast period.
Regional Analysis
The Asia Pacific region dominated the 3D metrology market with a 40% revenue share in 2023 and is poised to remain a key player during the forecast period. This growth is driven by the rising adoption of contactless quality control equipment in automotive and manufacturing industries. China leads in revenue and is expected to see the highest growth due to advanced manufacturing and adoption of technologies like reverse engineering. India and China, with key players, contribute to Asia Pacific's growth, alongside emerging manufacturers in Singapore, Japan, and South Korea. Initiatives like India's "Make in India" campaign boost the region's progress.
In North America, the U.S. market will flourish, driven by aerospace, defense, and manufacturing tech adoption. France leads in Europe due to strong automotive and aerospace sectors, while Germany expects high growth from its large manufacturing presence.
However, Middle East & Africa and South America show moderate growth due to slower adoption of advanced metrology tech and lack of skilled workers for machines like VMM and CMM.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The key players in the Global 3D Metrology Market are Exact Metrology, 3D System Corp, Automated Precision, Creaform, Keyence, KLA-Tencor, Mitutoyo Corporation, Carl Zeiss AG, Applied Materials, 3D Digital Corp, Nikon Corporation, and Other players.
Recent Developments
Nikon Corporation and MENA3D entered into a partnership in May 2021. In the Middle East and North Africa regions, this strategy will increase their sales partnership and mutual approach to provide state of the art metrology and optical inspection solutions.
In April 2022, FARO Technologies, Inc., a provider of 4D Digital Reality solutions, announced the launch of its new end to end platform for capturing and working together with 3D virtual reality. In order to analyze and store measurement data, this platform shall use the latest technologies including Artificial Intelligence and cloud computing.
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 11.25 Billion |
| Market Size by 2030 | US$ 20.69 Billion |
| CAGR | CAGR of 7.92% From 2023 to 2030 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments |
• By Offering [Hardware, Software, Services (After Sales Service, Software-as-a-service, Storage-as-service, Measurement Services)] • By Product (Coordinate Measuring Machine, VMM, ODS, 3D Automated Optical Inspection System, Form Measurement, Others) • By Application (Quality Control & Inspection, Virtual Simulation, Reverse Engineering, Other) • By End-User (Aerospace & Defence, Automotive, Architecture & Construction, Medical, Semiconductors & Electronics, Energy & Power, Heavy Machinery, Mining, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Exact Metrology, 3D System Corp, Automated Precision, Creaform, Keyence, KLA-Tencor, Mitutoyo Corporation, Carl Zeiss AG, Applied Materials, 3D Digital Corp, GoM, Perceptron, Jenoptik, Nikon Corporation, FARO Technologies, Hexagon AB and Other players. |
| Key Drivers |
• Increased Demand for Quality Control and Improved R&D Spending • Growing Use of 3D Data for Modeling and Analysis |
| Restraints |
• As 3D metrology systems become increasingly sophisticated and interconnected, their vulnerability to cyberattacks also grows. |
The 3D Metrology Market size was valued at 11.25 billion in 2023 at a CAGR of 7.92%.
China is expected to see the continued growth of the 3D metrology market.
Lack of simplified software solutions is the challenging factor in the 3D Metrology Market.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.9 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. 3D Metrology Market Segmentation, By Offerings
9.1 Introduction
9.2 Trend Analysis
9.3 Hardware
9.4 Software
9.5 Services
9.5.1 After Sales Service
9.5.2 Software-as-a-Service
9.5.3 Storage-as-Service
9.5.4 Measurement Services
10. 3D Metrology Market Segmentation, By Product Type
10.1 Introduction
10.2 Trend Analysis
10.3 Coordinate Measuring Machine (CMM)
10.4 VMM
10.5 ODS
10.6 3D Automated Optical Inspection System
10.7 Form Measurement
10.8 Others
11. 3D Metrology Market Segmentation, By Application
11.1 Introduction
11.2 Trend Analysis
11.3 Quality Control & Inspection
11.4 Virtual Simulation
11.5 Reverse Engineering
11.6 Other
12. 3D Metrology Market Segmentation, By End User
12.1 Introduction
12.2 Trend Analysis
12.3 Aerospace & Defence
12.4 Automotive
12.5 Architecture & Construction
12.6 Medical
12.7 Semiconductors & Electronics
12.8 Energy & Power
12.9 Heavy Machinery
12.10 Mining
12.11 Others
13. Regional Analysis
13.1 Introduction
14.2 North America
14.2.1 USA
14.2.2 Canada
14.2.3 Mexico
14.3 Europe
14.3.1 Eastern Europe
14.3.1.1 Poland
14.3.1.2 Romania
14.3.1.3 Hungary
14.3.1.4 Turkey
14.3.1.5 Rest of Eastern Europe
14.3.2 Western Europe
14.3.2.1 Germany
14.3.2.2 France
14.3.2.3 UK
14.3.2.4 Italy
14.3.2.5 Spain
14.3.2.6 Netherlands
14.3.2.7 Switzerland
14.3.2.8 Austria
14.3.2.9 Rest of Western Europe
14.4 Asia-Pacific
14.4.1 China
14.4.2 India
14.4.3 Japan
14.4.4 South Korea
14.4.5 Vietnam
14.4.6 Singapore
14.4.7 Australia
14.4.8 Rest of Asia Pacific
14.5 The Middle East & Africa
14.5.1 Middle East
14.5.1.1 UAE
14.5.1.2 Egypt
14.5.1.3 Saudi Arabia
14.5.1.4 Qatar
14.5.1.5 Rest of the Middle East
14.5.2 Africa
14.5.2.1 Nigeria
14.5.2.2 South Africa
14.5.2.3 Rest of Africa
14.6 Latin America
14.6.1 Brazil
14.6.2 Argentina
14.6.3 Colombia
14.6.4 Rest of Latin America
15. Company Profiles
15.1 Exact Metrology
15.1.1 Company Overview
15.1.2 Financials
15.1.3 Products/ Services Offered
15.1.4 SWOT Analysis
15.1.5 The SNS View
15.2 3D System Corp
15.2.1 Company Overview
15.2.2 Financials
15.2.3 Products/ Services Offered
15.2.4 SWOT Analysis
15.2.5 The SNS View
15.3 Automated Precision
15.3.1 Company Overview
15.3.2 Financials
15.3.3 Products/ Services Offered
15.3.4 SWOT Analysis
15.3.5 The SNS View
15.4 Creaform
15.4 Company Overview
15.4.2 Financials
15.4.3 Products/ Services Offered
15.4.4 SWOT Analysis
15.4.5 The SNS View
15.5 Keyence
15.5.1 Company Overview
15.5.2 Financials
15.5.3 Products/ Services Offered
15.5.4 SWOT Analysis
15.5.5 The SNS View
15.6 KLA-Tencor
15.6.1 Company Overview
15.6.2 Financials
15.6.3 Products/ Services Offered
15.6.4 SWOT Analysis
15.6.5 The SNS View
15.7 Mitutoyo Corporation
15.7.1 Company Overview
15.7.2 Financials
15.7.3 Products/ Services Offered
15.7.4 SWOT Analysis
15.7.5 The SNS View
15.8 Carl Zeiss AG
15.8.1 Company Overview
15.8.2 Financials
15.8.3 Products/ Services Offered
15.8.4 SWOT Analysis
15.8.5 The SNS View
15.9 Applied Materials
15.9.1 Company Overview
15.9.2 Financials
15.9.3 Products/ Services Offered
15.9.4 SWOT Analysis
15.9.5 The SNS View
15.10 3D Digital Corp
15.10.1 Company Overview
15.10.2 Financials
15.10.3 Products/ Services Offered
15.10.4 SWOT Analysis
15.10.5 The SNS View
15.11 Nikon Corporation
15.11.1 Company Overview
15.11.2 Financials
15.11.3 Products/ Services Offered
15.11.4 SWOT Analysis
15.11.5 The SNS View
16. Competitive Landscape
16.1 Competitive Benchmarking
16.2 Market Share Analysis
16.3 Recent Developments
16.3.1 Industry News
16.3.2 Company News
16.3.3 Mergers & Acquisitions
17. USE Cases and Best Practices
18. Conclusion
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