The Global 3D Metrology Market Size Was Valued At USD 11.54 Billion In 2021. The Market Is Projected To Grow From USD 12.60 Billion In 2022 To USD 38.97 Billion By 2030, Exhibiting A CAGR Of 17.5% During The Forecast Period.
3D Metrology Market Overview
Global 3D Metrology Market Size, Status, and Forecast 2023-2030. In-depth research accumulated to offer the latest insights about acute features of the global 3D Metrology market. This report provides a detailed overview of key factors in the 3D Metrology Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for 3D Metrology in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of the COVID-19/Russia-Ukraine War on the regional economy.
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Market Overview:
The COVID-19 pandemic has been shocking and has never happened before. As a result, the demand for 3D metrology is lower than expected in all regions compared to levels before the pandemic. Our research shows that the global market dropped by 2.6% from 2019 to 2020.
3D metrology is a new way to figure out how big something is without touching it very often. It is how scientists find out how things work. During the making process, it is used to measure fixtures, machined parts, and tools. Most of the time, it is used to measure height, distance, and length (three axes x, y, and z). It measures the size of an object by using geometric points on its surface. This gives a lot more information than traditional methods, like polishing the object’s surface and drawing a 3D sketch of it. This is done with the help of a coordinate measuring machine. But new advanced measurement technologies like automated optical inspection sensor technologies and Optical Digitizer & Scanner (ODS) are making traditional measurement methods less important and speeding up the development of metrology technology.
The global market has grown a lot in the last few decades, but it is expected to grow slowly over the next few years. During the forecast period, the market is also expected to grow because more and more things are being digitised and more and more advanced technologies, like the Internet of Things, are being used in developing countries.
Some of the key players profiled in the study are
Zeiss International (Germany), FARO Technologies, Inc. (U.S.), Hexagon AB (Sweden), Intertek Group Plc (U.K.), Nikon Corporation (Japan), KLA Corporation (U.S.), Keyence Corporation (Japan), Perceptron, Inc. (U.S.), Renishaw Plc (U.K), Applied Materials (U.S.), and Others.
3D Metrology Market Segmentation:
By Product Type:
- Coordinate Measuring Machine (CMM)
- Optical Digitizer & Scanner (ODS)
- Automated Optical Inspection
- Video Measuring Machine (VMM)
- Others
By Application:
- Quality Control & Inspection
- Reverse Engineering
- Virtual Simulation
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia, and New Zealand, etc.
Regional Insights:
The Asia-Pacific market was worth $6.07 billion in 2021, and over the next five years, it is expected to become the largest market in the world. The market in the region is driven by the growing use of contactless quality control equipment and measuring methods in the production and manufacturing of cars. Different business strategies are also used by the top players, which helps the market grow in the region.
In 2021, China made the most money because its manufacturing sector did so well.
China makes the most money of any country. Also, the analysis shows that over the next few years, it will grow faster than any other country. China has the most advanced factories in the world, and it is quickly adding new technologies like reverse engineering and virtual simulation to its regular manufacturing process. This will make it possible for more people to buy things in China.
Some of the biggest players in the market are growing the market in the country through partnerships, acquisitions, and business expansion. Also, sensors for CMM machines are mostly made in China, which could help the market grow.
Asia Pacific will grow the most over the next few years because India and China are home to some of the most important key players. Also, the growing number of small and medium-sized system manufacturers in developing countries like Singapore, Japan, and South Korea and the growing use of virtual simulation in the energy and power industry are helping the market grow in the region. Some government agencies, such as India’s “Make in India” campaign, are also doing things that should help the market grow in the area.
Over the next few years, the U.S. market is also expected to grow a lot in North America. This is because the aerospace and defence industries in the U.S. and Canada, as well as the manufacturing industries, are using new technologies.
In 2021, France was the biggest market in Europe. This was because the automotive and aerospace industries were so big there, and this trend is likely to continue over the next few years. Also, Germany is expected to have the highest CAGR during the forecast period because it has a lot of big factories.
Middle East and Africa and South America don’t use advanced metrology technology as quickly and don’t have enough skilled workers to run Video Measuring Machines (VMM) and Coordinate Measuring Machines (CMM). This slows the growth of the market (CMM).
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Table of Content of 3D Metrology Market:
1: Introduction, market driving force product Objective of Study, and Research Scope of the Global 3D Metrology market (2023-2030).
2: Exclusive Summary – the basic information of the Global 3D Metrology Market.
3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global 3D Metrology; Post COVID Analysis.
4: Presenting the Global 3D Metrology Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
5: Displaying the by Type, End User and Region/Country 2017-2022.
6: Evaluating the leading manufacturers of the Global 3D Metrology Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.
7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2030).
… To be continued
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Key Questions Answered in the 3D Metrology Market Report:
- How much was the global 3D Metrology market in 2022?
- How much will the global 3D Metrology market worth in 2030?
- At what compound annual growth rate will the global 3D Metrology market grow?
- Which segment is estimated to lead the Construction Robot market during the forecast period?
- What is the key market driver for the growth of the global 3D Metrology market?
A wealth of financial data & business strategy information is provided including:
- Up-to-date company financials, sales & revenue figures.
- Revenue and market forecasts.
- Business model strategies for niche companies.
- A comprehensive explanation of company products, financials & portfolios.
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