The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s 3D Metrology Global Market Report 2024 offers crucial insights into the 3D metrology market help businesses analyse and build stronger strategies.

The 3D metrology market has witnessed robust growth, reaching $11.97 billion in 2023, with a projected increase to $13.03 billion in 2024 at a Compound Annual Growth Rate (CAGR) of 8.9%. The historic growth can be attributed to several factors:

• Quality Control and Inspection: Ensuring precision and quality in manufacturing processes.
• Aerospace and Automotive Industries: Increased demand in these sectors.
• Customization and Mass Production: Meeting diverse consumer needs.
• Semiconductor and Electronics Manufacturing: Technological advancements driving demand.
• Environmental and Sustainability Considerations: Emphasis on eco-friendly practices.

Future Growth Prospects
Looking ahead, the 3D metrology market is poised for even more significant expansion, reaching $18.24 billion in 2028 with an 8.8% CAGR. The forecasted growth is attributed to:

• Industry 4.0 and Smart Manufacturing: Embracing advanced technologies for efficiency.
• Medical and Healthcare Applications: Expanding usage in the health sector.
• Construction and Architecture: Increasing demand for precision in building processes.
• Research and Development: Continuous innovation driving market expansion.
• Geospatial and Mapping Applications: Growing need for accurate spatial data.

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Emerging Trends in the Forecast Period
Major trends anticipated in the upcoming years include:

• Adoption of Automated 3D Metrology Systems: Enhancing efficiency and reducing manual efforts.
• Portable and Handheld Devices: Increasing flexibility in measurement processes.
• Artificial Intelligence (AI) and Machine Learning: Enhancing data analysis and interpretation.
• Integration of AR and VR Technologies: Improving visualization and user experience.
• Multi-Sensor Systems: Comprehensive data collection for diverse applications.

Driving Forces: Increasing New Vehicle Sales
One significant driver for the growth of the 3D metrology market is the surge in new vehicle sales. Vehicles rely on precise manufacturing, and 3D metrology plays a crucial role in ensuring the quality and accuracy of components during assembly. For instance, in July 2021, new vehicle sales in the U.S. reached 1,291,881 units, marking a 4.7% increase compared to the same period in 2020. This upward trend in new vehicle sales is a pivotal factor propelling the 3D metrology market forward.

Key Players Shaping the Landscape
Major companies in the 3D metrology market include FARO Technologies Inc., Hexagon AB, Nikon Corporation, Carl Zeiss AG, and many more. These companies contribute to the market’s growth and innovation, driving the adoption of advanced metrology solutions.

Automated 3D Metrology Systems: A Leap Towards Precision
Companies are investing in advanced metrology systems to enhance efficiency and precision. Notably, Optical Gaging Products (OGP) launched the Shape Grabber Ai320 and Ai820 in October 2022, utilizing advanced laser and camera technology to capture up to 1.5 million data points per second. These automated systems cater to diverse parts, irrespective of material or finish, showcasing the industry’s commitment to technological advancement.

Strategic Acquisitions: Carl Zeiss Industrial Metrology and Capture 3D
In May 2021, Carl Zeiss Industrial Metrology, LLC, acquired Capture 3D, Inc., a move aimed at expanding Zeiss’s 3D metrology portfolio globally. This strategic acquisition positions Carl Zeiss as a key player in the market, fostering growth and innovation.

Market Segmentation
The 3D metrology market is segmented based on:

1. Product:
   • Coordinate Measuring Machine (CMM)
   • Optical Digitizer and Scanner (ODS)
   • Automated Optical Inspection
   • Video Measuring Machine (VMM)
   • Other Products
2. Application:
   • Quality Control & Inspection
   • Reverse Engineering
   • Virtual Simulation
   • Other Applications
3. End User:
   • Aerospace & Defense
   • Automotive
   • Heavy Machinery Industry
   • Electronics
   • Architecture & Construction
   • Mining
   • Other End Users

Regional Dynamics
In 2023, North America dominated the 3D metrology market, while Asia-Pacific is expected to witness the fastest growth during the forecast period.

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The 3D Metrology Global Market Report 2024  provides a comprehensive outlook of the 3D metrology market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The 3D metrology market forecast offers a thorough analysis on 3D metrology market size, 3D metrology market share, prominent players and their strategies.

The Table Of Content For The 3D Metrology Market Include:
1. 3D Metrology Market Executive Summary
2. 3D Metrology Market Segments
3. 3D Metrology Market Size And 3D Metrology Market Growth Rate
4. Key 3D Metrology Market Trends
5. Major 3D Metrology Market Drivers
……
25. Key Mergers And Acquisitions In The 3D Metrology Market
26. Top 3D Metrology Companies
27. 3D Metrology Market Opportunities And Strategies
28. 3D Metrology Market, Conclusions And Recommendations
29. Appendix

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