3D Metrology Market Size, Share and Technology Update - 2028
The 3D metrology market is valued at USD 11.2 billion in 2023 and is projected to reach USD 16.4 billion by 2028, growing at a CAGR of 8.0% during the forecast period. The growing need for increased production speed by electronics manufacturing services companies, high focus on quality control in the manufacturing sector, increased research and development (R&D) investments, rising use of 3D data for analysis and modeling in various industries are expected to boost the 3D metrology market.
3D metrology is essential in the industrial sector for ensuring product precision and quality. It is used to check parts, spot flaws, and measure component measurements to make sure they adhere to the necessary standards. The use of 3D metrology helps to ensure that items are produced with a high degree of precision and lowers the risk of mistakes and waste in manufacturing operations.
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Factors Driving the Growth of the 3D Metrology Market
The growth of the 3D metrology market is driven by several factors, including:
Technological Advancements: The rapid advancements in 3D scanning, software, and hardware technologies have improved the accuracy, speed, and efficiency of 3D metrology.
Increasing Automation: The growing adoption of automation in manufacturing and aerospace industries has increased the demand for 3D metrology solutions to ensure the accuracy and quality of automated processes.
Regulatory Compliance: The stringent regulatory standards in the aerospace and manufacturing industries have increased the demand for 3D metrology to ensure that the parts and components meet the required safety and quality standards.
Rising Demand for Quality Inspection: The increasing demand for quality inspection in the manufacturing and aerospace industries has boosted the growth of the 3D metrology market.
The major players operating in the 3D metrology market include Hexagon AB (Sweden), FARO Technologies, Inc. (US), Keyence Corporation (Japan), Jenoptik AG (Germany), Nikon Corporation (Japan), Mitutoyo Corporation (Japan), ZEISS Group (Germany), KLA Corporation (US), Perceptron, Inc. (US), Renishaw plc (UK), Creaform (Canada), Baker Hughes Company (US), CyberOptics Corporation (US), Trimble, Inc. (US), 3D Systems, Inc. (US), Automated Precision, Inc. (US), and Metrologic Group (France), among others.
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