3D Metrology Market by Offering (Hardware, Software, Services) Global Forecast to 2023

[159 Pages Report] The 3D metrology market is expected to grow from USD 10.42 Billion in 2016 to USD 17.05 Billion by 2023, at a CAGR of 7.1% during the forecast period. The base year considered for the study is 2016, and the market size forecast is given for the period between 2017 and 2023.

the market is expected to reach USD 17.05 Billion by 2023 from USD 11.28 Billion in 2017, at a CAGR of 7.1% during the forecast period. The market growth can be attributed to the growing demand for 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.

This report segments the 3D metrology market on the basis of offering, product, application, end-user industry, and geography. On the basis of offering, the market has been further divided into hardware, software, and services. The large market size of the hardware can be attributed to the increasing adoption of 3D metrology equipment in industries such as aerospace & defense, automotive, architecture & construction, medical, electronics, energy & power, and heavy machinery to maintain product quality.

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The 3D metrology market, on the basis of product, has been segmented into coordinate measuring machines, optical digitizers & scanners, video measuring machines, and 3D automated optical inspection system. ODS held the largest share of the market in 2016. Laser trackers, 3D laser scanners, and white-light scanners are the most commonly used ODS 3D metrology systems. Faster measurement capabilities, portable nature, and lower cost as compared to CMM are the factors driving the market for ODS. The 3D AOI system is expected to grow at the highest CAGR between 2017 and 2023. The 3D AOI inspection technology serves as an effective tool for volumetric and co-planarity inspections. It also provides details on the height information of lead tips, BGAs, chip components, reflowed solder fillets, and critical dimensional information on any height-sensitive component.

The 3D metrology market, on the basis of application, has been segmented into quality control & inspection, reverse engineering, virtual simulation, and others. The quality control and inspection application accounted for the largest share of the market in 2016 as it is extensively used in automotive, and aerospace & defense industries. However, the market for reverse engineering applications is expected to grow at the highest rate between 2017 and 2023. Industries such as automotive, aerospace & defense, and manufacturing have started using 3D metrology for design modification of actual objects to produce customized cars, spare parts, and produce parts whose production had been discontinued. High precision, faster product analysis, and the ability to make changes in the original product are the major drivers of the market for reverse engineering.

The 3D metrology market for the architecture & construction industry is expected to grow at a high rate between 2017 and 2023. The architecture & construction industry requires effective planning and 3D documentation at every stage from initial design to final inspection, to avoid rework errors. The market for the architecture & construction industry is growing because of the integration of 3D scanning technology with software such as computer-aided design (CAD) that helps in the building information modelling (BIM) process to minimize the building design time and overall cost.

The major players in the 3D metrology market include Hexagon AB (Sweden), FARO Technologies (US), Nikon Metrology (Belgium), Mitutoyo Corporation (Japan), and 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).

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