Global 3D Metrology Instrument Market Professional Survey by Types, Applications, and Players, with Regional Growth Rate Analysis and Development Situation, from 2023 to 2028

SKU ID : Maia- 24339039

Publishing Date : 19-Jul-2023

No. of pages : 101

PRICE
3370
5055
6740

  • According to the latest research, the global 3D Metrology Instrument market size was valued at USD 5128.09 million in 2022 and is expected to expand at a CAGR of 8.48% during the forecast period, reaching USD 8358.9 million by 2028.

    3D metrology is the scientific study of physical measurement. However, in looser terms it’s often referred to as the general field of precision measurement within industry. In its basic form, applying 3D metrology is very accurately acquiring an object’s geometrical data in 3 axes (x, y, z). These measurements are often acquired through the use of a coordinate measuring machine (CMM), optical digitizer and scanner (ODS) and video measuring machine (VMM). The report mainly studies global 3D Metrology Instrument Industry Market.

    Surging demand for industry 4.0
    For automation to be successful in the Industry 4.0 era, data collected for monitoring and control must be reliably communicated. As a part of this trend, companies can incorporate metrology equipment into manufacturing systems to gather data for use in intelligent decision making to prevent process variation. Fully integrated 3D optical metrology promotes fully automated closed-loop production. In addition, improvements in computer processing and optical technology mean that the sheer amount of data that can be acquired and analyzed is vastly increased. 3D optical metrology solutions used in-process allow for processed data to be to be fed from the metrology system into the factory management system and this advances the concept of the smart factory. More intelligent, more flexible, and faster learning metrology systems are at the heart of — and integral to — industry 4.0, and all advanced manufacturing systems. Such metrology systems promote the evolution of connected factories, and will dramatically reduce downtime while at the same time speeding up production of more innovative, better designed, and higher quality products.

    High cost incurred for setting up 3D metrology facility
    3D metrology is widely adopted in the aerospace & defense, automotive, and manufacturing industries etc. The high cost is incurred in maintaining and calibrating 3D metrology instrument, metrology software, and software updates, as well as hiring metrologists and providing regular training, it is an extensive investment for small- and medium-sized enterprises. The setting up a whole metrology department makes it difficult to achieve a targeted return on investment (ROI) suitable within a corresponding business plan. The setting up process is expensive, time-consuming, and complicated. Thus, it becomes difficult for SMEs to invest heavily in implementing the metrology system, which is expected to restrict the growth of the 3D metrology instrument market during the forecast period.

    Region Overview:
    From 2023-2028, Asia is estimated to witness robust growth prospects.

    Company Overview:
    Hexagon is one of the major players operating in the 3D Metrology Instrument market, holding a share of 26.6% in 2023.

    Hexagon
    Hexagon AB is a global provider of design, measurement and visualisation technologies. Hexagon combines sensors, software and autonomous technology. Hexagon's manufacturing intelligence department provides solutions that use data from design and engineering, production and measurement to make manufacturing smarter.

    Mitutoyo
    Since its establishment in 1934, Mitutoyo has been offering measuring tools such as micrometers and calipers, and system instrument products, and the company’s products have since then been in demand and used by customers everywhere. They have a wide range of products, from micrometer, caliper and dial indicator to hardness tester, vision measuring system and 3D coordinate measuring machine.

    Segmentation Overview:
    By type, Coordinate Measuring Machine (CMM) segment accounted for the largest share of market in 2022.

    Coordinate Measuring Machine (CMM)
    A coordinate measuring machine (CMM) is a device that measures the geometry of physical objects by sensing discrete points on the surface of the object with a probe. Various types of probes are used in CMMs, including mechanical, optical, laser, and white light. Depending on the machine, the probe position may be manually controlled by an operator or it may be computer controlled. CMMs typically specify a probe's position in terms of its displacement from a reference position in a three-dimensional Cartesian coordinate system (i.e., with XYZ axes). In addition to moving the probe along the X, Y, and Z axes, many machines also allow the probe angle to be controlled to allow measurement of surfaces that would otherwise be unreachable.
    CMMs are most often used to test a part or assemble to determine whether or not it respects the original design intent. CMMs are integrated within quality assurance or quality control workflows to check the dimensions of manufactured components to prevent or resolve quality issues.
    The advantages of using CMMs over manual inspections or checks performed with conventional metrology instruments, such as micrometers and height gauges, are: accuracy, speed and the reduction of human error.

    Optical Digitizer and Scanner (ODS)
    Optical Digitizers and Scanners (ODS) are non-contact metrology systems which utilize laser or white light based scanning technology to image an object by obtaining several coordinate points and reconstruct them using software.

    Video Measuring Machine (VMM)
    Optical vision measuring machine (VMM) is a coordinate metrology machine designed for the measurement of linear size and geometrical size in computer technology with machine vision for high accuracy measurement, it can measure the linear size, such as point, line, distance, angle, circle, ellipse, rectangle, tangent and the geometrical size, such as straightness, flatness, circularity, cylindricity, perpendicularity, parallelism, angularity, position, concentricity, coaxiality, symmetry, line profile, surface profile, and etc.
    Somebody calls VMM as a video measuring system, video measurement machine, multisensor measuring machine, even calls it as profile projector.

    Application Overview:
    By application, the Automotive segment occupied the biggest share from 2018 to 2022.

    This report elaborates on the market size, market characteristics, and market growth of the 3D Metrology Instrument industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of 3D Metrology Instrument. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.

    Key Points this Global 3D Metrology Instrument Market Report Include:
    Market Size Estimates: 3D Metrology Instrument market size estimation in terms of revenue and sales from 2018-2028
    Market Dynamic and Trends: 3D Metrology Instrument market drivers, restraints, opportunities, and challenges
    Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the 3D Metrology Instrument market
    Segment Market Analysis: 3D Metrology Instrument market revenue and sales by type and by application from 2018-2028
    Regional Market Analysis: 3D Metrology Instrument market situations and prospects in major and top regions and countries
    3D Metrology Instrument Market

    Competitive Landscape

    and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
    3D Metrology Instrument Industry Chain: 3D Metrology Instrument market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
    3D Metrology Instrument Industry News, Policies by regions
    3D Metrology Instrument Industry Porters Five Forces Analysis

    Key players in the global 3D Metrology Instrument market are covered in Chapter 2:
    Renishaw Plc
    Hexagon
    Zygo
    FARO
    Creaform
    Zeiss
    Mitutoyo
    Keyence
    Wenzel
    Nikon Metrology
    Perceptron

    In Chapter 6 and Chapter 9, on the basis of types, the 3D Metrology Instrument market from 2018 to 2028 is primarily split into:
    Coordinate Measuring Machine (CMM)
    Optical Digitizer and Scanner (ODS)
    Video Measuring Machine (VMM)
    Others

    In Chapter 7 and Chapter 10, on the basis of applications, the 3D Metrology Instrument market from 2018 to 2028 covers:
    Aerospace
    Construction
    Automotive
    Medical
    Others

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
    United States
    Europe
    China
    Japan
    India
    Southeast Asia
    Latin America
    Middle East and Africa
    Others

    In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.

    Chapter Outline
    This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

    Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global 3D Metrology Instrument market size in terms of revenue, sales volume, and average price.

    Chapter 2 analyzes the main companies in the 3D Metrology Instrument industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.

    Chapter 3 is an analysis of the competitive environment of 3D Metrology Instrument market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.

    Chapter 4 is an analysis of the 3D Metrology Instrument industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.

    Chapter 5 focuses on 3D Metrology Instrument market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.

    Chapters 6-8 have segmented the 3D Metrology Instrument market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.

    Chapters 9-11 provide detailed 3D Metrology Instrument market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.

    Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.

    Years considered for this report:


    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
    market Reports market Reports