USD 8.68 billion in 2022
3D Metrology Market Size, Share, Growth Analysis, By Component(Hardware, Software, Services [After-sales Services, Software-as-a-service), By End User(Automotive [Automotive Design and Styling, Pilot Plant Metrology, Automotive Component Inspection, Others]), By Application(Quality control & inspection, Reverse engineering, Virtual simulation, 3D scanning), By Product Type(ODS [3D Laser Scanner, Structured Light Scanner, Laser Tracker], CMM [Bridge CMM), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45L2007 |
Region:
Global |
Published Date: September, 2024
Pages:
197
|Tables:
93
|Figures:
78
3D Metrology Market Insights
Global 3D Metrology Market size was valued at USD 8.68 billion in 2022 and is poised to grow from USD 9.28 billion in 2023 to USD 15.82 billion by 2031, at a CAGR of 6.9% during the forecast period (2024-2031).
This is widely used for quality control and virtual simulation of the items across a number of industries, including aerospace, defence, automotive, architectural, medical, energy, and power. As cloud computing services become more extensively used, the market for 3D metrology is expanding. Every business aspires to raise profit margins while lowering operating expenses. Large capital expenditures for the purchase of servers and actual hard drives are avoided with cloud storage. Manufacturing metrology, which is often used for quality control, is rapidly exceeding its limits as a result of the growing demands for speed, precision, security, and elasticity. In order to get beyond certain limitations and meet current demands, cutting-edge manufacturing technologies are strongly preferred. In turn, this will lead to a rise in the use of cloud computing services, which will fuel the growth of the 3D metrology industry. Industry 4.0 adoption has a big impact on how the services section of the 3D metrology market emerges.
The integration of Industry 4.0 principles is a pivotal factor contributing to the emergence of the services segment within the 3D metrology market. Industry 4.0 places emphasis on the digital transformation of physical assets, seamlessly integrating them into digital ecosystems involving various stakeholders in the value chain. This digital evolution has led to substantial advancements in software-driven process automation and the development of portable metrology equipment tailored for customized services, driving the overall market expansion. Additionally, the increasing demand for luxury goods, fueled by the growing disposable income in developing economies and countries with weaker GDPs, is projected to drive the manufacturers' necessity to adopt 3D metrology solutions. 3D metrology is utilized in the healthcare industry for designing and manufacturing medical implants and prosthetics, as well as quality control of medical devices. The increasing aging population and advancements in healthcare technology have contributed to the growth of this market segment.
US 3D Metrology Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - USD 15.82 billion by 2031
Global Market Size
Largest Segment
Hardware
Fastest Growth
Hardware
Growth Rate
6.9% CAGR
Global 3D Metrology Market ($ Bn)
Country Share for North America Region (%)
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3D Metrology Market Segmental Analysis
Global 3D Metrology Market is segmented based on Offering, application, end user and region. Based on Offering, the market is segmented into Hardware, Software, Services [After-sales Services, Software-as-a-service, Storage-as-a-service, Measurement Services]. Based on end user, the market is segmented into Automotive [Automotive Design And Styling, Pilot Plant Metrology, Automotive Component Inspection, Others], Aerospace & Defence [Aircraft Components, Defense, Space Exploration], Medical [Orthopaedics and Prosthetics, Medical Devices, Dental], Heavy Machinery, Construction & Engineering, Energy & Power [Turbines, Solar Panels], Mining, Other Industries. Based on application, the market is segmented into quality control & inspection, reverse engineering, virtual simulation, 3D scanning. Based on product type the market is segmented into ODS [3D Laser Scanner, Structured Light Scanner, Laser Tracker], CMM [Bridge CMM, Gantry CMM, Horizontal Arm CMM, Cantilever CMM, Articulated Arm CMM], VMM [Vision System, Measuring Microscope, Optical Comparator, Multi-sensor Measuring System], 3D Automated Optical Inspection System, Form measurement, Others. Based on region, the market is segmented into North America, Eu3D Metrology, Asia Pacific, Middle East and Africa, and Latin America.
3D Metrology Market Analysis by Component
The market share contributor with the highest growth rate is the hardware sector, which is anticipated to expand at a CAGR of 6.8% during the projected period. In order to scan a machine's strengths and weaknesses in relation to the items to be scanned, 3D metrology hardware is utilized to evaluate and analyze a machine's performance. The primary driver for the expansion of the hardware segment is the expanding adoption of 3D metrology equipment by a variety of industries, including automotive, aerospace, heavy machinery, construction and engineering, energy and power. These businesses use 3D metrology equipment to maintain the quality of their products. The hardware market is further broken down into the following categories: coordinate measuring machines, 3D automated optical inspection systems, video measuring machines, and optical digitizers and scanners.
The software makes it possible to acquire and analyze all available information from a variety of sources. As a result, it provides thorough and self-explanatory textual and graphical reports that highlight production tendencies and evaluate in-the-moment deviations. Furthermore, production engineering, tooling, metal fabrication, sheet metal, stone, and woodworking are among the processes for which CAM/CAD software is applied. It leads to improved process value and production efficiencies, which has in turn increased demand for software applications. High accuracy is needed for the inspection of some tiny machine parts, which metrology software achieves.
3D Metrology Market Analysis by Application
The market share leader and projected to increase at a CAGR of 6.7% over the projection period is the reverse engineering sector. The procedure entails taking measurements of an object and then rebuilding it as a 3D model. Analyzing a product's functionality and subcomponents with reverse engineering makes it easier to calculate expenses and spot any patent violation. Aside from changing the application setup of the metrology system, the spike in demand for clever reverse engineering solutions using the convention of CAD models or by evaluation of the archetype of the CAD model, primarily in the automotive industry, has also changed how these solutions are typically implemented.
One or more product features may be checked, measured, or tested as part of a quality inspection procedure, and the findings are compared to the specifications to ensure conformity. Production workers are not often responsible for carrying out this task; instead, specialized people usually do it. Products that meet the requirements are also not approved or returned for revision. For the provision of quality service to temporary customer assurance, trend certification of standardization laboratories by A2LA is essential. Additionally, in order to satisfy the demands of worldwide customers, manufacturers are using internationally acknowledged quality standards and guidelines including ISO-9001, QS-9000, and Six Sigma.
3D Metrology Market Analysis by end user
Automotive: Car components involving features that make the cars to be of the highest standard are evident throughout the whole world. That, in a nut shell, is how 3D metrology works for the automotive industry. Engaging in formulation, it ensures that all components meet precise specifications by accurately measuring them. This, in turn, leads to better assembly, superior vehicle performance, hence safer automobiles.
Aerospace: Higher in accuracy than perhaps any other kind, 3D metrology is literally a must necessity in the aerospace field. Components and thats such as used in aircrafts and spacecrafts must be highly reliable. Here, the roles of 3D metrology cannot be overemphasized in these crucial parts’ inspection with regards to dimensionality and specfic area of aviation worth. Just a split second error can be fatal; therefore, accuracy is the key.
Medical: The management of superior patient healthcare is, therefore, dependent on the use of true measurements. It is universally known that 3D metrology is essential in the medical field concerning production of prosthetics or implants that are tailored according to the particular patient needs. Storing precise patient anatomy data, doctors can create endoprostheses that will maximally adapt to the human body and be as comfortable as possible for each patient.
Heavy Machinery: Maintaining giants of industry operational consequently entails an understanding of preventive measures. It is noteworthy that in connection with the increase in the level of development of manufacturing technologies, in the field of heavy machinery, 3D metrology is a true advocate of preventive measures. It can point to the possible failures in the equipment before such tendencies manifest themselves. Thus, preventing unscheduled downtimes and product Your operations become smoother and more efficient while equipment life is maximized.
Construction & Engineering: That is why the 3D metrology, from the foundation to the finish of the project, is a method to maintain quality in construction. It plays the role of a watchdog for excellent quality standards, confirming that structures are established in conformity with the set requirements and as planned. Thirdly, 3D Metrology enables BIM because it delivers 3D precise data of the actual infrastructure. Such information is necessary for creating virtual building models – the foundation of the current building construction and utilization planning.
Global 3D Metrology Market Size By Component (%)
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3D Metrology Market Regional Insights
The market for 3D metrology is dominated by North America, which is anticipated to expand at a CAGR of 5.6% during the forecast period. The region is primarily driven by the significant presence of automotive, aerospace, and pharmaceutical OEMs, particularly in the US. The adoption of cutting-edge technology in the industrial sector, aerospace and defense, and other fields in the United States and Canada is also anticipated to contribute to the growth of the North American market. One of the main causes of the increased demand for inline dimensional metrology systems is the quick mechanization of automotive manufacturing plants. North America also has a monopoly on the market for 5G networks thanks to the expansion of data centers and the region's 5G network.
Over the course of the projection period, Asia Pacific is anticipated to develop at a CAGR of 8.6%. The most attractive market for 3D metrology is anticipated to stay in the Asia-Pacific region over the forecast period. Increased automotive production in emerging nations like China and India is the key factor driving the growth. The region's emerging economies in particular are fueling the market demand over the projected period with the increasing deployment of metrology solutions in the construction, engineering, and medical sectors. The manufacturing and engineering hub with the highest level of industrialization is the Asia-Pacific area. Furthermore, China is a leader in the production of output goods such as steel, iron, chemicals, consumer goods, food processing, transportation, and equipment.
Global 3D Metrology Market Size By Geography
- Largest
- Fastest
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3D Metrology Market Dynamics
3D Metrology Market Drivers
Increase in R&D to Bolster Market Growth
- Around the world, there have been more investments made in the R&D sector to create innovative metrology products and solutions. Rapid technical change is being caused by ongoing R&D in the electronics industry. Additionally, these sectors have developed new tools for precise management and inspection in order to boost efficiency and fulfil rising demand. The market is expected to increase as a result of these factors. The market for 3D metrology will also be greatly influenced by the expanding usage of 3D data for modelling and analysis across numerous industries, as well as by the strong demand for big data analysis.
- As industries strive for higher levels of quality assurance, 3D metrology plays a crucial role in ensuring precise and accurate measurements. Industries such as automotive, aerospace, electronics, and manufacturing require stringent quality standards to meet customer expectations and regulatory requirements. 3D metrology enables comprehensive and detailed measurement analysis, helping organizations maintain quality control and improve product reliability.
3D Metrology Market Restraints
High Initial Investment Cost to Hinder Market Growth
- Implementing 3D metrology systems requires a substantial upfront investment in equipment, software, and training. The cost of high-precision measurement instruments and sophisticated 3D scanning technologies can be significant, especially for small and medium-sized enterprises (SMEs). The initial investment can act as a barrier, limiting the adoption of 3D metrology solutions, particularly in cost-sensitive industries.
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3D Metrology Market Competitive Landscape
The competitive landscape for the 3D metrology industry includes information on each player. Company overview, financials, revenue generated, market potential, R&D investment, new market initiatives, global presence, production sites and facilities, production capacity, product launch, product width and breadth, and application domination are among the details provided. Only the companies' focus on the 3D metrology market is mentioned in the data points above.
3D Metrology Market Top Player’s Company Profiles
- Hexagon AB (Sweden)
- Zeiss Group (Germany)
- Faro Technologies, Inc. (United States)
- Nikon Metrology NV (Belgium)
- Renishaw plc (United Kingdom)
- Keyence Corporation (Japan)
- Mitutoyo Corporation (Japan)
- Automated Precision Inc. (United States)
- Jenoptik AG (Germany)
- WENZEL Group GmbH & Co. KG (Germany)
- ZEISS Industrial Metrology (Germany)
- Carl Zeiss Optotechnik GmbH (Germany)
- KLA Corporation (United States)
- Bruker Corporation (United States)
- Trimble Inc. (United States)
- 3D Systems Corporation (United States)
- Cognex Corporation (United States)
- AMETEK, Inc. (United States)
- Zebra Technologies Corporation (United States)
- Surphaser (United States)
- Teledyne Technologies Incorporated (United States)
- Vision Engineering Ltd. (United Kingdom)
- Topcon Corporation (Japan)
- Olympus Corporation (Japan)
- Mapvision Ltd. (Finland)
3D Metrology Market Recent Developments
- In March 2024, Hexagon’s Manufacturing Intelligence division announced the launch of a new type of high-productivity structured light scanner. Built on a completely reengineered platform, the SmartScan VR800 is the first optical 3D scanner on the market with a motorised zoom lens that enables users to adjust data resolution and measurement volume entirely through software settings.
- In January 2024, Trescal, a global specialist in metrology services, announced the completion of acquisition of Méditerranéenne d'Expertises et Mesures (MEM), based in Tunis (Ben Arous), Tunisia.
- In January 2024, Surface finishing experts, Fintek, invested in a new 3D metrology system for cutting tool edge preparation, Bruker Alicona EdgeMaster.
3D Metrology Key Market Trends
- Non-contact 3D metrology techniques, such as laser scanning and structured light scanning, are gaining significant traction. These techniques offer advantages like faster measurement speeds, high accuracy, and the ability to capture complex geometries without physical contact. The adoption of non-contact measurement techniques is particularly prevalent in industries such as automotive, aerospace, and electronics, where precise and efficient measurement is critical.
3D Metrology Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analyses, the global 3D metrology market has witnessed substantial growth in recent years and is expected to continue growing at a healthy rate. Factors such as increasing demand for high-precision measurement solutions, technological advancements in 3D scanning and imaging technologies, and the need for quality control and inspection across various industries are driving the market growth. In the automotive industry, 3D metrology is used for dimensional analysis, quality control, and prototyping. In aerospace, it is employed for precise measurements of complex components and assemblies. The manufacturing sector utilizes 3D metrology for process optimization, tooling inspection, and reverse engineering. The market is expected to continue expanding as industries recognize the importance of precise and accurate measurements in ensuring product quality, reducing production costs, and enhancing operational efficiency.
| Report Metric | Details |
|---|---|
| Market size value in | USD 15.82 billion by 2031 |
| Growth Rate | 6.9% CAGR |
| Base year | 2023 |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on 3D Metrology Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on 3D Metrology Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the 3D Metrology Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the 3D Metrology Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the 3D Metrology Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the 3D Metrology Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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