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3D Metrology Market by Offering, Product, Application, End-user Industry And Geography - Global Forecast to 2023

3D Metrology Market: Global Forecast until 2023

  • September 2017
  • 161 pages
  • ID: 3954304
In this report:
The ##D metrology market in China and India is expected to grow at the highest rate of ##.##% and ##.##% respectively between 2017 and 2023.
The ##D metrology market for hardware products registered a shipment of ##,## units in 2016 and is expected to reach ##,## units by 2023, at a CAGR ##.##% between 2017 and 2023.

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Growing demand for quality control and inspection to drive the increase of the 3D metrology market

The 3D metrology market is forecasted to grow from ~$11.3B in 2017 to ~$17.0B by 2023, at a compound annual growth rate (CAGR) of 7.10 percent between 2017 and 2023. The main driving factors for the 3D metrology market are the highly accurate inspection owing to 3D data for modelling and review, growing focus on quality control, and inability of traditional measurement devices to address many manufacturing issues. Nevertheless, lack of expertise to handle 3D metrology systems efficiently and high cost incurred for setting up the 3D metrology facility are anticipated to limit the increase of this market.

Automotive market maintains the most important share of the 3D metrology market

The automotive sector recorded for the biggest share of the 3D metrology market in 2016. The increasing demand for automobiles in developing countries including India and China (CN) is anticipated to propel the increase of the 3D metrology market. 3D metrology is required in the automotive market for inspection, measurement, and quality checking of several components. The automotive sector has been increasingly using optical measurement systems and CMMs, instead of conventional strain gauges, accelerometers, transducers, and extensometers for improving the safety and comfort level of a vehicle.

3D metrology market in Asia-Pacific to grow at an important rate between 2017 and 2023

Asia-Pac continues to grow at the maximal rate that can be attributed to the high economic increase witnessed by the main countries including China and India (IN) in the territory. Asia-Pacific recorded for a share of 28.90 percent of the overall 3D metrology market in 2016. The top countries in Asia-Pac contain Japan (JP), China (CN), India (IN), and South Korea (KR). Some of the main manufacturers in the 3D metrology market in Asia-Pacific are Nikon Corporation, Advantest Corporation, and Mitutoyo Corporation. Rest of Asia-Pac includes countries including Australia, New Zealand (NZ), Taiwan, Singapore (SG), Indonesia (ID), and the Philippines.

The breakup of the profile of primary members taking part has been provided below:

• By Company category: Tier 1 = 33 %, Tier 2 = 45.0 percent, and Tier 3 = 22.0 percent

• By Description: C-suite executives = 33.0 percent, Directors = 25.0 percent, and Others = 42.0 percent

• By Area: North America continent = 35.0 percent, EU = 29.0 percent, Asia-Pacific = 24.0 percent, and RoW = 12.0 percent

The main players in the 3D metrology market contain Hexagon, FARO Technologies, Nikon Metrology, Mitutoyo Corporation, Carl Zeiss Optotechnik, GOM, 3D Systems Corporation, 3D Digital Corporation, Perceptron, Creaform, GE Measurement & Control Solutions, Renishaw, ZYGO Corporation, Advantest Corporation, WENZEL Prazision, OASIS Alignment Services, ATT Metrology Services, East Coast Metrology, H.S. & S., Heliotis, SensoFar Group, Dimensional Metrology Services, Novacam Technologies, SHINING 3D Tech, and Zebicon.

Segment Research

The 3D metrology market has been split on the basis of offering, product, application, end-user market, and area. The sector, on the basis of offering, has been further broken down into hardware, software and services. On the basis of product, the 3D metrology market has been split into coordinate measuring machine, optical digitizer and scanner, video measuring machine, and 3D automated optical inspection system (3D AOI). On the basis of application type, the industry has been divided into reverse engineering, quality control and inspection, virtual simulation, and others. The 3D metrology market. On the basis of sector, has been divided into aerospace & defense, automotive, architecture & construction, medical, electronics, energy & power, heavy machinery, geospatial, and others. On the basis of geography, the sector has been broken down into the Americas, Europe (EU), Asia-Pac, and RoW.

Why Purchasing This Study Can Help You:

The market research would benefit the market top players/new sector entrants in this sector in these ways:

• This document breaks down the 3D metrology market comprehensively and offers the closest approximations of the sizes of the global market and sub-segments for distinct applications and across several areas.

• The report benefits partners comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives pertaining to the market.

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