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3D metrology market worth 17.05 billion USD by 2023 illuminated by new report

3D metrology market worth 17.05 billion USD by 2023 illuminated by new report

3D Metrology Market Global Review From 2017 to 2023 of 147 pages added by reports and reports explores Global 3D Metrology Market size, trends, demand, share, growth, industry, and company analysis to 2023. According to study global 3D Metrology market set to reach $17.05 billion by 2023 growing at a CAGR of 7.1%. 3D Metrology (or measurement) is the science of measurement in three dimensions (x, y, z). 3D measurement is often used in quality inspection.

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Inquire For Copy of 3D Metrology Market by Offering (Hardware, Software, Services), Product (CMM, ODS, VMM, 3D AOI), Application (Reverse Engineering, Quality Control & Inspection, Virtual Simulation), End-user Industry, and Geography - Global Forecast to 2023 at: www.reportsnreports.com/contacts/i….aspx?name=404809

The growth of global 3D Metrology market is boosted by factors such as the highly accurate inspection owing to 3D data for modelling and analysis, increasing focus on quality control, and inability of traditional measurement devices to address many manufacturing issues. However, lack of expertise to handle 3D metrology systems efficiently and high cost incurred for setting up the 3D metrology facility are expected to limit the growth of this market.

The Global 3D Metrology market projected to grow at a CAGR of 7.1%. This study expands Global 3D Metrology Market by Offering (Hardware, Software, Services), Product (CMM, ODS, VMM, 3D AOI), Application (Reverse Engineering, Quality Control & Inspection, Virtual Simulation), End-user Industry, and Geography.

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3D Metrology enables collaboration between healthcare stakeholders, reduces administrative tasks, and provides greater transparency in the field, thus enhancing the quality, safety, and efficiency.

3D Metrology Market Companies are Hexagon (Sweden), FARO Technologies (US), Nikon Metrology (Belgium), Mitutoyo Corporation (Japan), Carl Zeiss Optotechnik (Germany), GOM (Germany), 3D Systems Corporation (US), 3D Digital Corporation (US), Perceptron (US), Creaform (Canada), GE Measurement & Control Solutions (US), Renishaw (UK), ZYGO Corporation (US), Advantest Corporation (Japan), WENZEL Prazision (Germany), OASIS Alignment Services (US), ATT Metrology Services (US), East Coast Metrology (US), H.S. & S. (US), Heliotis (Switzerland), SensoFar Group (Spain), Dimensional Metrology Services (Australia), Novacam Technologies (Canada), SHINING 3D Tech (China), and Zebicon (Germany).

“3D Metrology Market” spread across 159 pages, profiling 16 companies and supported with 50 tables and 25 figures is now available with : www.reportsnreports.com/contacts/d….aspx?name=404809

The automotive industry accounted for the largest share of the 3D metrology market in 2016. The growing demand for automobiles in developing countries such as India and China is expected to propel the growth of the 3D metrology market.

3D metrology is required in the automotive industry for inspection, measurement, and quality checking of various components. The automotive industry 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.

APAC continues to grow at the highest rate that can be attributed to the high economic growth witnessed by the major countries such as China and India in the region. APAC accounted for a share of 28.9% of the global 3D metrology market in 2016.

The key countries in APAC include Japan, China, India, and South Korea. Some of the major manufacturers in the 3D metrology market in APAC are Nikon Corporation (Japan), Advantest Corporation (Japan), and Mitutoyo Corporation (Japan).

Rest of APAC includes countries such as Australia, New Zealand, Taiwan, Singapore, Indonesia, and the Philippines.

The breakup of the profile of primary participants has been given below:

  • By Company Type: Tier 1 =33 %, Tier 2 =45%, and Tier 3 =22%.
  • By Designation: C-level Executives=33%, Directors=25%, and Others =42%.
  • By Region: North America = 35%, Europe = 29%, APAC=24%, and RoW =12%.

Access copy of report at www.reportsnreports.com/purchase.aspx?name=404809

Research Coverage:

The 3D metrology market has been segmented on the basis of offering, product, application, end-user industry, and geography. The market, on the basis ofoffering, has been further segmented into hardware, software and services.

On the basis of product, the 3D metrology market has been segmented into coordinate measuring machine, optical digitizer and scanner, video measuring machine, and 3D automated optical inspection system (3D AOI).On the basis of application, the market has been segmented into reverse engineering, quality control and inspection, virtual simulation, and others. On the basis of industry, has been divided into aerospace & defense, automotive, architecture & construction, medical, electronics, energy & power, heavy machinery, geospatial, and others.

On the basis of geography, the market has been segmented into the Americas, Europe, APAC, and RoW.

Reasons to Access the Report:

  • The report would help the market leaders/new entrants in this market in the following ways:
  • This report segments the 3D metrology market comprehensively and provides the closest approximations of the sizes of the overall market and sub segments for different applications and across various regions.
  • The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities pertaining to the market.

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