3D Metrology Market Outlook – 2030

The global 3D metrology market is experiencing a significant growth and is expected to grow considerably in the next few years. The study of measurements is known as metrology, and it has a wide range of applications in industries such as engineering, technology, science, and production. The method of obtaining very accurate physical 3D measurements of an object is known as 3D metrology. The result of the process is a digital 3D model that can be analyzed, or retro engineered. 3D metrology with the help of 3D CAD data for 3D digital measurement and inspection procedures contributes to faster product releases and lower development costs across all product lines.

The global 3D metrology market is segmented on the basis of product, application, end user, and region. Based on product, the market is divided into coordinate measuring machine (CMM), optical digitizer and scanner (ODS), automated optical inspection, video measuring machine (VMM), and others. In terms of application, the 3D metrology market is categorized into quality control and inspection, reverse engineering, virtual simulation, and others. On the basis of end user, the market is segregated into electronics, architecture & construction, aerospace and defense, industrial, automotive, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global 3D metrology industry include Carl Zeiss AG, FARO Technologies Inc., 3D Digital Corporation, Nikon Metrology NV, Creaform Inc., Keyence Corporation, Automated Precision Inc., Applied Materials Inc., 3D Systems Corporation, and Perceptron Inc. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global 3D metrology market.

Top Impacting Factors

The market is being driven by rising global investment in R&D for the development of innovative technologies and solutions. A key market driver for market expansion is increased precise inspection and quality control. The 3D metrological data will serve as a lifetime for smart factories, allowing them to improve quality and gain a competitive advantage in the marketplace.

Other primary reasons driving the market is the global expansion of the automobile industry. For obtaining detailed information and executing full-field evaluations, optical 3D metrology and 3D testing are widely used. Inspection, measurement, and quality checks of various tools, castings, plastic, and sheet metal parts in assembly and vehicle bodies are all part of this process.

Furthermore, significant growth in the aviation industry helps to drive the market expansion. 3D metrology is commonly used for scanning and inspecting complex components as well as digitally rebuilding the scanned parts.

Attributed to high expenditures of establishing a metrology department, achieving a targeted ROI that fits into a business plan is difficult. Maintenance and calibration of 3D metrology gear and software upgrades as well as recruiting meteorologists and providing frequent training contribute to the high cost.

Rapid Growth in 3D Metrology Market For Quality Control and Inspection

For quality control and inspection, 3D technology and methodology are being used with alignment for CAD-based inspection, dimensional analysis, and machine calibration. The production has been efficient with manufacturers using 3D meteorology for accurate 3D scanning and inspection analysis to be at a corrective action. The major industries, which use 3D metrology for quality control and inspection are automotive and aerospace & defense. Further, it is greatly used in the automotive industry for automotive component inspection, powertrain components, and full-body inspection as well as for checking the accuracy and precision of all areas.

Rapid Growth in Coordinate Measuring Machine (CMM)

CMM is expected to have the largest market share of 3D metrology market from 2021 to 2028. The major factors for the adoption of bridge CMMs for 3D metrology are higher rigidity and higher accuracy.

With the focus on quality control to capture large volumes of 3D data, the CMM market is growing and is further expected to grow rapidly for modeling and analysis. To ensure the precision of manufactured products, captured data is shared with production scheduling, design, purchasing, and many other manufacturing company functions.

Other factors driving the CMM market include growing interest in Industrial Internet of Things (IoT) and superior quality inspections.

Key Benefits of the Report

• This study presents the analytical depiction of the global 3D metrology market forecast along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the 3D metrology market share.
• The current market is quantitatively analyzed from 2021 to 2030 to highlight the 3D metrology market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed 3D metrology market analysis on the basis of competitive intensity and how the competition will take shape in coming years.

Market Scope and Structure Analysis

COVID-19 Impact Analysis

• The COVID-19 pandemic is impacting the society and overall economy across the global. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. It is creating uncertainty in the stock market, falling business confidence, massive slowing of supply chain, and increasing panic among customers. European countries under lockdowns have suffered a major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19, which led to slowdown in the growth of the automobile industry, aerospace industry, and others in 2020.
• According to different industry experts, different stages of the 3D metrology value chain have witnessed huge decline in 2020.
• Significant growth in the 3D metrology market can be witnessed during the forecast period once the lockdown will be over and the production rates recover.

3D Metrology Market Key Segments

Questions Answered in the 3D Metrology Market Research Report

• Which are the leading market players active in the 3D metrology market?
• What would be the detailed impact of COVID-19 on the 3D metrology market size?
• What are the current 3D metrology market trends that will influence the industry in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future that would help in taking further strategic steps?