3D metrology market is likely to witness exponential growth by 2030

By Bhalchandra Chorghade, Editor, CNCTimes.com

Report Ocean published the latest research report on the 3D metrology market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the 3D metrology market study demonstrates a detailed examination of the business state, which represents creative ways for company growth, financial factors such as production value, key regions, and growth rate.

3D Metrology is an emerging measurement solution among various industries, as it enables manufacturers to monitor the quality and efficiency of the components required to build the desired industrial products. These measuring systems are used for a wide range of measurement tasks, namely analyzing the surface, shape, and dimension of the machine parts and tools at every stage of the manufacturing process. Coordinate measuring machine (CMM), optical digitizers & scanners and 3D x-ray/ CT inspection systems are widely used products to measure dimensions, temperature and humidity of a component during manufacturing and assembling processes.

Major market players namely Hexagon AB, Carl Zeiss, Nikon 3D Metrology, Faro Technologies and others provide 3D Metrology services. Among them, Carl Zeiss, a leading 3D Metrology solution provider manufactures coordinate measuring machines (CMM) to serve the automotive market.

The changing consumer demand for industrial products and the growing technological advancement in measurement techniques has developed the need for more precise and accurate industrial products. To provide products with assured quality and longer durability, automotive, aerospace, packaging, electronics and mechanical engineering industries are implementing 3D Metrology solutions widely. Automotive is the largest end-user segment in 3D Metrology market.

High demand by industry manufacturers to introduce 3D techniques in robots configured with accuracy measuring program is supporting the 3D metrology measurement process. It also helps in reducing human errors during the process, in turn, adding to the future market growth of 3D metrology.

Key Findings:

• The global 3D metrology market is expected to reach USD ~8 billion by 2022
• By technology, the 3D profilometry segment has dominated the market in 2015 and is estimated to grow at a rate of 11.66% CAGR
• By product, coordinate measuring machine (CMM) segment has dominated the market in 2016 and is estimated to grow at a rate of 10.98% CAGR
• By end-user, automotive has dominated the market in 2016 and is estimated to grow at a rate of 10.56% CAGR
• Geographically, Europe region has been projected to hold the largest market share in global 3D metrology market, followed by North America and Asia Pacific, respectively

https://shanghai.ist/2022/08/01/3d-metrology-market-is-likely-to-witness-exponential-growth-by-2030-hexagon-ab-carl-zeiss-nikon-3d-metrology-faro-technologies/

• Follow @CNCTimes