Global 3D Metrology Market Size Study, By Offerings (Hardware, Software and Services), By Product Type (Coordinate measuring machines, Optical digitizer and scanner, Video measuring machine, 3d automated optical inspection system and Others), By Applications (Reverse engineering, Virtual simulation, Quality control and inspection and Others) and Regional Forecasts 2021-2027

  • Product Code:
    RP-ID-10347595
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    200
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global 3D Metrology Market is valued approximately USD 12.73 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 7.25% over the forecast period 2021-2027. 3D Metrology System is an advanced technology that is used to offer precise and accurate 3D measurement data. The 3D metrology is rapidly being adopted into various industries such as automotive, construction, engineering, aerospace, energy and power, heavy machinery for maintaining the quality of the product. The increase of the worldwide 3D metrology market is driven by developing call for luxury items as a result of the growing disposable profits in emerging economies. With the development of technology, there were significant purchased growth in software program-pushed technique automation and transportable metrology equipment for custom designed offerings. Many industries are using 3-D metrology era for distinctly accurate precision dimension solutions. For instance: According to Statista, The software program section accounted for 33.2% of the overall marketplace in 2018. The opposite engineering segment ruled the marketplace in 2018 and became valued at USD 2.7 billion. In May additionally 2019, Zeiss worldwide launched metrology and inspection solutions for diverse complex measurements and exceptional inspection of additives inclusive of battery, power electronics, electric motor, and powertrain underneath Zeiss e-mobility solutions. However, Lack of simplified software solutions impedes the growth of the market over the forecast period of 2021-2027. Also, Surging demand for industry 4.0 is likely to increase the market growth during the forecast period.

Based on regional analysis, the Global 3D Metrology Market is classified into Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region in terms of revenue owing to strong presence of aerospace, automotive, and pharmaceutical equipment manufacturers. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as presence of many automotive plants and various manufacturing firms would create lucrative growth prospects for the 3D Metrology market across Asia-Pacific region.


Major market player included in this report are:


Hexagon
Faro Technologies, Inc.
Nikon Corporation
Zeiss Group
Kla Corporation
Keyence Corp.
Jenoptik
Renishaw
Mitutoyo Corporation
Creaform

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:


By Offerings:
Hardware
Software
Services
By Product Type:
Coordinate measuring machines
Optical digitizer and scanner
Video measuring machine
3d automated optical inspection system
Others
By Applications:
Reverse engineering
Virtual simulation
Quality control and inspection
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global 3D Metrology Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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Hexagon
Faro Technologies, Inc.
Nikon Corporation
Zeiss Group
Kla Corporation
Keyence Corp.
Jenoptik
Renishaw
Mitutoyo Corporation
Creaform

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