3D Metrology Global Market to Reach $21.9 Billion by 2030: Robust Opportunity for Precision Parts Manufacturing Pushes up the Importance of Industrial 3D Metrology
Global Market for 3D Metrology
Dublin, March 14, 2023 (GLOBE NEWSWIRE) -- The "3D Metrology: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for 3D Metrology estimated at US$12 Billion in the year 2022, is projected to reach a revised size of US$21.9 Billion by 2030, growing at a CAGR of 7.8% over the analysis period 2022-2030.
Hardware, one of the segments analyzed in the report, is projected to record a 7% CAGR and reach US$9.6 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 8.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 9.5% CAGR
The 3D Metrology market in the U.S. is estimated at US$3.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2030 trailing a CAGR of 9.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.
Select Competitors (Total 125 Featured) -
3D Systems, Inc.
Applied Materials, Inc.
Automated Precision, Inc.
Carl-Zeiss Industrial Metrology LLC
FARO Technologies, Inc.
Nikon Metrology NV
WENZEL Group GmbH Co. KG
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
No. of Pages
2022 - 2030
Estimated Market Value (USD) in 2022
Forecasted Market Value (USD) by 2030
Compound Annual Growth Rate
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
An Introduction to 3D Metrology
Coordinate-Measuring Machine (CMM)
Video Measuring Machine (VMM)
3D Metrology Vs Machine Vision
New Standards in Metrology
Focus on Quality Control and Inspection in Production Processes Propels Growth in the 3D Metrology Market
CMMs Dominate 3D Metrology Market
Quality Control and Inspection at the Forefront of Growth
3D Metrology Market Worldwide by Application (in %) for 2019
Automotive Industry Emerges as the Major End-Use Market for 3D Metrology
Asian Economies Spearhead Market Growth
Global Economic Scenario Influences Market Dynamics
Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2020
Global Manufacturing Purchasing Managers' Index (PMI) for the Years 2015 through 2019
3D Metrology - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Robust Opportunity for Precision Parts Manufacturing Pushes Up the Importance of Industrial 3D Metrology
Global Parts & Components Market (in US$ Billion) for the Years 2020, 2022 and 2024
Growing Emphasis on Improving Productivity and Quality Drives Demand for 3D Metrology in Automotive Industry
Automobile Production Dynamics Set the Pace of Growth for 3D Metrology Market
Global Passenger Car Production (In Million Units) for the Years 2010, 2016, 2020, and 2024
Global Passenger Car Sales (In Million Units) for the Years 2010-2024
Increasing Emphasis on Automation in Auto Industry Bodes Well for the Market
With Manufacturing Moving towards Industry 4.0, 3D Metrology to Become Integral to Production Processes
Shift towards Industry 4.0 Drives Opportunities in 3D Metrology Market: Global Industry 4.0 Revenues in US$ Billion for 2019, 2021, 2023 and 2025
Automation of Metrology Processes Necessary for Maximizing Productivity in Industry 4.0
Automation in the Aerospace Industry Fuels Demand for 3D Metrology Solutions
Aerospace Industry Makes Use of Non-Contact Metrology
New Technologies for Faster Data Collection from API and Hexagon
Visibility and Automation Enabled by Capture3D's ATOS Systems
Laser Radar: Rising Popularity of Laser Radar Technology in Aerospace Applications
Measuring Accuracy in Changing Application Requirements
New Applications and CFD Analysis
3D Metrology Aids in Retrofitting of Defense Flares
Heavy Equipment Industry Promises Bright Prospects
Focus on Improving Product Quality in Various Industries Fosters Growth in Optical 3D Metrology Market
Optical 3D Metrology: Vital Role in Development Process of Lightweight Components
Coordinate Measuring Machines (CMMs): The Tried and Tested 3D Metrology Products
Optical 3D Metrology Solutions Aid in Foundry Modernization
3D Metrology Play Vital Role in Reducing Errors in Medical Device Design and Performance
Optical 3D Metrology for Medical Applications: A Review
Robust Activity in the Renewable Energy Sector Spurs Market Opportunities in 3D Metrology Space
Solar PV Capacity (in GW) and PV Generation (in TWh) for the Years 2017, 2019, 2021 and 2023
Global Wind Power Market: Cumulated Installed Capacity (in GW) for the Years 2012 through 2018
Electronics Industry Applications Strengthen Market Prospects
Accurate 3D Metrology in Semiconductor and Electronics Industries Necessitates Enhanced Cameras
Rising Prominence of Cloud Computing in 3D Metrology
Increase in R&D Spending Favors 3D Metrology Market
Outsourcing Emerges as Key Trend in 3D Metrology Market
International Standardization of Metrology Bodes Well for the Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
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