Global 3D Metrology Market by Services (Virtual Simulation, Reverse Engineering), by Component (Services, Software, Hardware) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Industry Insights

Global 3D metrology market was worth USD 7.3 billion in 2018. It is expected to grow at 8.8% CAGR over the forecast period. 3D metrology is seeing a rise in adoption by many industries, including aerospace, engineering, construction, power, energy, and heavy machinery, to ensure quality. The market will also be influenced by the implementation of industry4.0 and an increase in R&D spending by metrology equipment manufacturer.

Industry 4.0 is a key factor in the rise of services in the market for 3D metrology. Industry 4.0 is about digitizing physical assets and their integration in digital ecosystems with many value chain members. The market has seen significant growth due to advances in software-driven process automation, as well as portable metrology equipment that can be used for custom services. Manufacturers will need to adopt 3D metrology solutions due to rising disposable income in developing countries and countries with low GDP.

Many industries also place a high priority on quality products that are manufactured using precision measurement with advanced 3D metrology tools and equipment. High-precision measurement solutions can be used in almost every industry. The metrology system can also reduce the time it takes to launch products and lower product development costs. This is due to the 3D CAD data being used for digital measurement and inspection. The market is forecast to grow due to the increasing demand for quality inspection.

There have been many advancements in 3D Metrology over the years. The market's growth is driven by technological research and development. Recent years have seen many advancements in engine technology due to the consumer's desire for safety and strict government regulations. To optimize engine performance, combustion efficiency and reduce emission, the key players in the 3D metrology market are focusing on increased R&D.

The demand for custom metrology solutions means that it is impossible to develop an application base of universal systems that covers all functional aspects. End-users are forced to choose from multiple service providers in order to have a single chain manufacturing process. However, it may increase the cost of the service and force buyers to purchase their metrology products. This will contribute to overall market demand.

Component Insights

The market for 3D metrology can be further divided by component into hardware, software and services. In 2018, 33.2% of all market revenue was accounted for by the software segment. Software allows data accumulation and measurement from multiple sources. It provides comprehensive and easy-to-understand graphical and textual reports, which can be used to identify production trends or evaluate real-time deviations. The CAD/CAM software can be used to design and manufacture processes such as tooling, production engineering and sheet metal. This software helps to increase manufacturing efficiency and add value to an operation. This has fueled the demand for software applications over the forecast period.

These service providers can manage the requirements of measuring large pieces at clients' facilities. They offer services such as calibration, training, rental of equipment, tool design, automation, system integration, and equipment management. Firms such as NelPreTech have their own facility with measurement equipment and trained technicians. 3D Metrology solutions can be used in shop floors, which allows for the automated measurement process.

Hardware Insights

The hardware market for 3D metrology is divided into Optical Digitizer and Scanner, Coordinate Measuring Machines (CMM), 3D Automated Optical Inspection System (AOI), Video Measuring Machines (VMM). Scanners and optical digitizers (ODS), are used in a variety of metrology services, including surface analysis, gas turbine blade and inspection, automobile component inspection, vehicle design and styling, powertrain component inspection, pilot plant metrology and aircraft component inspection. Laser scanners are capable of capturing the entire geometry for inspection and engineering purposes. These scanners are highly accurate, faster, and can operate in real time. The ODS segment is expected reach USD 3.4 Billion by 2025.

There is a rise in adoption of super-high speed metrology hardware and software by many different organizations, including medical, automotive, aerospace, archaeology research, and restoration. This adds value to manufacturing processes. New portable hardware, such as CMMs and vision systems, structured light scanners and laser trackers, can be used for various quality checks or measurement inspection.

Services Insights

The market for 3D metrology services is divided into quality control, inspection, reverse engineering, virtual sim, and 3D scan. In 2018, the market was dominated by reverse engineering, which was valued at USD 2.75 billion. The metrology system has seen a revolution in its application due to the increased demand for intelligent solutions using CAD models or comparing the prototype.

A2LA has awarded trend accreditation to calibration laboratories. This is essential for providing quality service and increasing customer confidence. The service personnel ensure compliance with ISO 9001:2008 and AS9100:2009. To meet global client requirements, manufacturers have adopted internationally accepted quality standards like Six Sigma, QS-9000 and ISO-9001. The highest expected CAGR for the quality control and inspection segment will be 9.4% during the forecast period.

End-use Insights

Depending on the end use, 3D metrology market segments are: aerospace, automotive and medical. Electronics, power generation and automotive require components with low tolerance limits and high accuracy. International quality standards are essential for precision management. This has also influenced the demand to 3D metrology services and solutions.

In 2018, 22.8% of market share was held by the automotive segment. In the coming decade, 3D metrology solutions will be in high demand due to the rising demand for high-end cars and fuel-efficient transport in emerging economies.

The Medical Devices Act also requires that medical devices undergo safety assessment and metrological controls. This allows for high precision in prosthesis, dental applications, and key assemblies of medical devices like X-ray or CT scanning machines, which require access to difficult-to-reach places. All these industries will rise in prominence over the coming years, while still adhering strict international quality standards.

Regional Insights

North America was the dominant market for 3D metrology in 2018, valued at USD 3.0 billion. This region is driven primarily by the strong presence in the U.S. of aerospace, automotive and pharmaceutical equipment makers. Inline dimensional metrology solutions are highly sought after because of their ability to automate automotive manufacturing plants. Many manufacturers of powertrains and bodies-in-white (BIWs) might switch to inline metrology solutions instead of traditional measurement solutions like CMMs.

Asia Pacific will see the highest CAGR at 10.0% between 2019 and 2025, thanks to the existence of industrial economies like Japan, China, India, or India. Most of the world's industrial products are made in the Asia Pacific region. China leads in industrial output products, such as steel, chemical and iron, transport, food processing, equipment manufacturing, and transportation. 3D metrology can be used in a variety of industrial and power generation applications such as forging inspections, raw casting, die design, and inspection of power generation components.

3D Metrology Market Share insights

3D Systems, Inc., Zeiss International, FARO Technologies, Inc., Hexagon AB, Intertek Group Plc, Nikon Corporation, KLA Corporation, Keyence Corporation, Perceptron, Inc., Renishaw Plc, and Applied Materials are the key players in this market. These companies are keen to acquire and merge other companies in order to broaden their product offerings and expand their customer base. Hexagon AB purchased Thermopylae Sciences + Technology in February 2019. This software provider specializes in geospatial apps to improve location intelligence. This acquisition was made to increase the adoption of 5D visualization software for the U.S. government.

Companies in the market are also focusing their efforts on product launches as one of their key strategies to keep their foothold in this market. Zeiss eMobility Solutions launched in May 2019 a metrology and inspection solution for complex measurements and quality inspections of components, such as Battery, Power Electronics and Electric Motor.

The Report Covers Certain Segments

This report provides a forecast of revenue growth at the global, regional and country level and analyzes the most recent industry trends in each sub-segment from 2015 to 2025. Grand View Research has divided the global 3D metrology market study on the basis component, hardware, service, end use and region.

• Component Outlook (Revenue USD Million, 2015-2025)

  • Hardware

  • Software

  • Services

• Hardware Outlook (Revenue USD Million, 2015-2025)

  • Coordinate Measuring Machines (CMM).

  • Optical Digitizer & Scanner, (ODS).

  • Video Measuring Machines (VMM).

  • 3D Automated Optical Inspection System (AOI)

• Services Outlook (Revenue USD Million, 2015-2025)

  • Inspection & Quality Control

  • Reverse Engineering

  • Virtual Simulation

  • 3D Scanning

• End-use Outlook (Revenue USD Million, 2015-2025)

  • Aerospace

  • Automotive

  • Medical

  • Construction & Engineering

  • Heavy Machinery

  • Other

• Regional Outlook (Revenue USD Million, 2015-2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • The U.K.

    • Germany

    • France

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Latin America

    • Brazil

    • Mexico

  • Middle East and Africa

These are the most frequently asked questions about this report

b. Global 3D Metrology market was valued at USD 7.6 Billion in 2019, and is forecast to grow to USD 8.0 Billion by 2020.

b. Global 3D Metrology Market is expected to grow at 8.8% compound annual growth rate from 2019 to 2025, reaching USD 12.6 billion in 2025.

b. With a share of 42.6%, North America was the dominant market for 3D Metrology in 2019, This region is driven mainly by strong U.S. aerospace, automotive and pharmaceutical equipment manufacturers.

b. 3D Systems, Inc., Zeiss International, FARO Technologies, Inc., Hexagon AB, Intertek Group Plc, Nikon Corporation, KLA Corporation, Keyence Corporation, Perceptron, Inc., Renishaw Plc, and Applied Materials are some of the key players in the 3D Metrology Market.

b. The key factors driving market growth are industry 4.0 implementation, increased R&D spending by metrology equipment makers, and increasing adoption of 3D metrology gear by different industries.

Up Market Research published a new report titled “3D Metrology Market research report which is segmented by Services (Virtual Simulation, Reverse Engineering), by Component (Services, Software, Hardware), By Players/Companies a software provider specializing in geospatial applications to enhance location intelligence The acquisition aimed at escalating the adoption of a 5D visualization application for the US government and defense industry, Inc; Hexagon AB; Intertek Group Plc; Nikon Corporation; KLA Corporation; Keyence Corporation; Perceptron, Inc; Zeiss International; FARO Technologies, 3D Systems, Hexagon AB acquired Thermopylae Sciences + Technology, in February 2019, Inc; Renishaw Plc; and Applied Materials These companies are focused on mergers and acquisitions to expand their solution offerings and customer base For instance”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global 3D Metrology Market Report Segments:

The market is segmented by Services (Virtual Simulation, Reverse Engineering), by Component (Services, Software, Hardware).

3D Metrology Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the 3D Metrology Market

Overview of the regional outlook of the 3D Metrology Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The 3D Metrology Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of 3D Metrology Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Virtual Simulation

                2. Reverse Engineering

                1. Services

                2. Software

                3. Hardware

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 3D Metrology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the 3D Metrology Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.