The World of “3D Metrology” is Changing Fast Amid the COVID-19 Crisis. Find Out How You Can Keep Up
The global market for 3D Metrology is projected to reach US$15 billion by 2025, driven by the undisputed importance of metrology in today`s industrialized world.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global 3D Metrology market. Report segmentation includes Offering (Hardware, Software, Services); Product (Coordinate Measuring Machine (CMM), Optical Digitizer and Scanner (ODS), Video Measuring Machine (VMM), Other Products); End-Use (Automotive, Aerospace & Defense, Heavy Industry, Architecture & Construction, Medical, Other End-Uses) ).
7 June 5:48 A.M., California/Marketwire/ - According to the new market research report, the global market for 3D Metrology is projected to reach US$15 billion by 2025, driven by the undisputed importance of metrology in today`s industrialized world. 3D metrology, which utilizes 3D optical scanners, offers superior benefits when compared to conventional metrology solutions. These include better visualization and rapid resolution of quality issues; overall improvement in design, manufacturing, and production workflows; helps improve cycle times and productivity; helps implement tighter quality standards for parts and components; more rapid inspection times, faster time to market of products, higher profits and improved competitiveness. 3D metrology provides a smarter way to manufacture products in a manner that eliminates repetitive processes, rework, and iterations by ensuring dimensional adherence in accordance with design specifications. In addition to accuracy and precision as prime benefits of 3D metrology, the technology also enables easy troubleshooting without consuming expensive production resources for preliminary production runs. For instance, 3D metrology is capable of providing rich data on malfunctioning products, without needing to manually disassemble the product or manufacture each part to test the revisions made. Quality in terms of shape, weight, height, length, color, texture can be digitally verified and the modified measurements can be used to re-produce the product. In short, 3D metrology is extremely useful in not just comparing CAD models with original products but also for reverse engineering equipment and performing detailed delineation and analysis of damaged equipment.
Given the importance of meteorology in manufacturing, the market is expected to benefit from healthy production trends in automotive, aerospace, electronics and machine parts and components. Also, mass production of micro precision parts; tighter tolerances; higher precision; increasing miniaturization of automotive and aircraft components; and shorter product development cycles; are pushing up the challenges involved in parts and component manufacturing. The scenario bodes well for the adoption of 3D metrology. The rise of Industry 4.0/smart factory and the resulting growth in penetration of industrial automation technologies is pushing up manufacturing opportunity for mechanical components for factory automation equipment and devices. A key trend in the market is the growing popularity of metrology automation as companies search for newer and innovative ways to increase productivity without compromising on accuracy. Automated 3D robotic scanning and inspection systems built and programmed to identify variations in products such as distances between edges, positions of holes, diameters and shapes of holes etc., help in greatly enhancing manufacturing efficiency. A growing number of vendors are offering 3D metrology solutions capable of providing captured data in snapshots, videos, images, tables, diagrams, text and graphics compatible with MSOffice, PDF, MP4, AVI and CAD drawings.
Key Competitors Covered in the Report
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
Geographies Analyzed in the Report
Europe (France, Germany, Italy, UK, Rest of Europe)
Rest of World
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 533. Among this pool, 107 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 21 unique participations, a total of 9 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
Director, Corporate Communications
Global Industry Analysts, Inc.