The Global 3D Metrology Market Size is valued at 12.23 billion in 2023 and is predicted to reach 21.04 billion by the year 2031 at a 7.12% CAGR during the forecast period for 2024-2031.
3D metrology is an innovative 3D scanning and modeling solution for engineering and manufacturing. It was created to assist engineers and designers in easily obtaining high-quality data for their products with no manual labor. It has one of the fastest measurement speeds in the business because of the power of cloud computing.
The global 3D metrology market expansion is anticipated to increase due to factors such as global automotive industry growth and a focus on quality control while manufacturing items. Furthermore, an increase in demand for improved productivity by electronics manufacturing firms increases total industry growth. Significant advancements in software-driven process automation and user-friendly metrology equipment for modified services have also contributed to market expansion.
However, the global 3D metrology sector is hampered by a lack of streamlined software solutions. On the contrary, the 3D metrology business is predicted to benefit from a surge in demand for Industry 4.0 and strong expansion in the aviation industry.
Recent Developments:
- In Feb 2023, Applied Materials, Inc. presented a new eBeam metrology system built especially for accurately measuring the critical dimensions of semiconductor device features patterned with EUV and emerging High-NA EUV lithography. Applied's novel VeritySEM 10 device has a unique architecture that allows for minimal landing energy while providing 2X greater resolution than traditional CD-SEMs. It also has a 30% faster scan rate, which reduces contact with the photoresist and increases productivity.
- In April 2022, FARO Technologies, Inc., a 4D digital reality solutions provider, introduced a new end-to-end 3D digital reality capture and collaboration platform. This platform employs cutting-edge technologies such as artificial intelligence and cloud computing to evaluate and store measurement data.
Competitive Landscape:
Some of the 3D Metrology Market players are:
- 3D Systems (US)
- AccuScan (Ireland)
- Applied Materials, Inc.
- Artec 3D (US)
- Autodesk Inc.
- Automated Precision, Inc. (API)
- Baker Hughes Company
- Bruker
- Capture 3D (US)
- Carmar Accuracy Co. Ltd.
- CHOTEST TECHNOLOGY INC. (China)
- CREAFORM
- CyberOptics Corp. (US)
- EDM Intelligent Solutions
- FARO Technologies, Inc.
- GOM Metrology (Zeiss International)
- Hexagon AB
- Ikustec (Spain)
- InnovMetric Software Inc (Canada)
- Intertek Group Plc
- Jenoptik (Germany)
- Keyence Corporation
- KLA Corporation
- Metrologic Group (Sweden)
- Mitutoyo Corporation (Japan)
- Nikon Metrology NV
- Novacam Technologies, Inc.
- Perceptron, Inc.
- Polyrix (Canada)
- Proto3000
- Renishaw plc
- SGS SA
- Shining 3D (China)
- Trimble, Inc. (US)
Market Segmentation:
The 3D metrology market is segmented on the basis of component, application, and end-use. Based on components, the market is segmented as coordinate measuring machine (CMM), optical digitizer scanner (ODS), video measuring machine (VMM), 3D automated optical inspection (AOI) systems, others, software, and services. By application, the market is segmented into quality control & inspection, reverse engineering, virtual simulation, and 3D Scanning. The end-user segment includes control cabinets, automotive, medical, construction & electronics, and others.
Based On Component, The Software Segment Is Accounted As A Major Contributor In The 3D Metrology Market
The software category is expected to hold a major share of the global 3D Metrology Market in 2024. The software allows for complete data collection and measurement from a variety of sources. As a result, it generates comprehensive and self-explanatory graphical and textual reports for identifying production trends and evaluating real-time variances. Furthermore, CAD/CAM software is used for design and manufacturing processes such as tooling, production engineering, sheet metal, metal fabrication, stone, and woodworking. It leads to increased manufacturing efficiencies and value addition to the operation, which drives up demand for software applications over the predicted period.
The Reverse Engineering Segment Witnessed Growth At A Rapid Rate
The reverse engineering segment is projected to grow at a rapid rate in the global 3D Metrology Market owing to the increased demand for intelligent reverse engineering solutions using CAD models or by comparing prototypes of CAD models, primarily in the automobile sector, which has also changed the metrology system's application mechanism.
In The Region, The North American 3D Metrology Market Holds A Significant Revenue Share
The North American 3D Metrology Market is expected to register the highest market share in terms of revenue in the near future. The regional market growth is primarily driven by the presence of aerospace, automobile, and pharmaceutical equipment manufacturers in the United States. One of the major factors driving the demand for inline dimensional metrology solutions is the rapid automation of automotive manufacturing plants.
Inline metrology solutions may be used by certain powertrain and body-in-white (BIW) manufacturers in place of traditional measurement methods such as CMMs. Moreover, due to the existence of rising industrial economies such as China, India, and Japan, Asia Pacific is expected to grow significantly. Most industrial products are manufactured in the Asia Pacific area. China leads in the production of industrial output products such as steel, chemicals, iron, consumer goods, transportation, food processing, and equipment. As a result, 3D metrology is employed in a variety of industrial and power generation applications, including forging inspection, raw casting, die and mold design, and inspecting power generation components.
3D Metrology Market Report Scope:
|
Report Attribute |
Specifications |
|
Market size value in 2023 |
USD 12.23 Bn |
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Revenue forecast in 2031 |
USD 21.04 Bn |
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Growth rate CAGR |
CAGR of 7.12 % from 2024 to 2031 |
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Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
End User, Technology, And Product Types |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
Applied Materials, Inc., Automated Precision, Inc. (API), Baker Hughes Company, Bruker, Carmar Accuracy Co. Ltd., CyberOptics, FARO Technologies, Inc., GOM Metrology (Zeiss International), Hexagon AB, Keyence Corporation, KLA Corporation, Nikon Metrology NV, Novacam Technologies, Inc., Perceptron, Inc., Renishaw plc, Autodesk Inc., EDM Intelligent Solutions, Proto3000, CREAFORM, Intertek Group Plc, and SGS SA. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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