Report Scope: In this report, the market has been segmented by offering, product type, application, end-use industry and geography. The report provides an overview of the global market for 3D metrology and analyzes market trends.
New York, March 01, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "3D Metrology: Global Markets" - https://www.reportlinker.com/p06028788/?utm_source=GNW
Using 2019 as the base year, the report provides estimated market data for the forecast period, 2020-2025.Revenue forecasts for this period are based on product type, end use and geography.
Market values have been estimated based on the total revenue of 3D metrology manufacturers.
This report covers the market for 3D metrology with regard to its applications across different regions.It also focuses on the major trends and challenges that affect the market and the vendor landscape.
The report estimates the global market for 3D metrology in 2020 and projects the expected market size through 2025.
- 34 data tables and 21 additional tables
- An overview of the global market for 3D metrology within the industry
- Estimation of the market size and analyses of market trends, with data from 2019-2020, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2025
- Market share analysis of the 3D metrology market based on offerings, product, application, end-user industry and region and evaluation of current market trends, market size, market forecast, and technological advancements within the industry
- Discussion on impact of COVID-19 on 3D metrology market and insights into stringent regulations for product safety and standardization
- Explanation of market drivers, restraints and other forces impacting the global market
- Coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
- Comprehensive company profiles of major market players, including Hexagon AB, Nikon Metrology, Carl Zeiss AG, KLA Tencor and Jenoptik AG
Industrial revolution is driving modern measurement systems in manufacturing plants.Innovations in manufacturing plants make production processes more effective and efficient, simultaneously lowering costs.
These plants also use 3D metrology via precision measurement to obtain 3D data from the objects. Coordinate measuring machines (CMMs), portable handheld 3D scanners and laser trackers are used to make these measurements.
There are various players offering metrology services in accordance with the needs of the end-use industry. 3D services provide in-depth, non-contact 3D measurement and inspection of any size, shape, form and surface across multiple end-use industries: automotive, aerospace, medical, energy and architecture and construction.
Leading players in this market include Hexagon, FARO Technologies, Nikon Metrology, Carl Zeiss, KLA-Tencor, Jenoptik, Renishaw, Mitutoyo Corp., Perceptron, 3D Digital Corp. and Automated Precision Inc. These companies invest in 3D metrology to improve operations in manufacturing facilities.
The global market for 3D metrology was valued at $REDACTED in 2019 and is forecast to reach $REDACTED by 2025, growing at a CAGR of REDACTED% during the forecast period. There is a wide range of 3D metrology available with features that can be customized to fit requirements and applications: quality control and inspection, reverse engineering, virtual simulation and others. 3D metrology is based on factors such as the application, size and shape to be measured, the need for portability and working environment.
The global market for 3D metrology is segmented by offering, product type, end-use industry, application and region.In terms of offering, the market is categorized into hardware, software and services.
Product types are CMM, VMM, AOI, form measurement and others.The market for 3D metrology is segmented by end-use industry: automotive, aerospace and defense, medical, electronics, energy and power, mining, architecture and construction, heavy machinery industry and others.
Automotive currently accounts for the dominant share of the market and this trend is expected to continue over the forecast period. The market for 3D metrology for the automotive industry was estimated at $REDACTED in 2019 and is forecast to reach $REDACTED by 2025, growing at a CAGR of REDACTED% during the forecast period.
3D metrology ensures the quality of parts and components, so that fit and function is as intended despite different languages, processes and measurement systems. In the automotive industry, metrology ensures that vehicles and their parts are accurately and precisely manufactured, measured and assembled per standards. 3D metrology includes techniques and precision measuring tools such as coordinate measuring machines (CMMs) and precision measurement sensors. A continuously growing demand to maximize the performance and quality of manufactured components and parts with inspection solutions is a major factor driving the 3D metrology market.
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