3D Metrology Systems Market Trends, Growth And Regional Outlook and Forecast
3D Metrology Market is predicted to touch USD 15 Billion at a 9% CAGR between 2019- 2025
The accuracy of the technology in the 3D metrology has led the rise in the demand at an incremental pace. Market focused reports connected to the information and communications technology sector among others of late have been made accessible by Market Research Future which publishes reports on this industry. The market is projected to reach USD 7,980 million in revenue by 2022 while expanding with 9 percent CAGR approximately in the forecast period.
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As it permits manufacturers to screen the efficiency and quality of the components vital to make the desired industrial products, the demand for the market is surging exponentially. The heightened demand from the end user sectors such as automotive, packaging, aerospace and electronics has been key in expanding the market share over the past few years. Mounting demand from automotive and construction sectors is expected to be among the main drivers for the progress of the market through the forecast period.
3D Metrology Market – Segmentation
The global 3D Metrology Systems Market has been segmented based on application, end user, product, region, and component. On the basis of application, the market for 3D metrology is segmented based on reverse engineering, virtual simulation, quality control and inspection, and others. Additionally, the market on the basis of end user, is segmented into architecture & construction, automotive, electronics, energy & power, heavy machinery industry, medical, mining, aerospace & defense, and others. The global market for 3D metrology is also covered based on the product segment which is further split into automated optical inspection, form measurement, optical digitizer and scanner (ODS), video measuring machine (VMM), and coordinate measuring machine (CMM). On the basis of components, the market for 3D metrology is segmented based on hardware, software and service.
Key influences such as lack of expertise could obstruct the 3D metrology market growth. However, as per the 3D metrology market research report, growing demand from the automotive industry as well as mounting investment from key players will drive growth during the forecast period. These key growth factors will help support the 3D metrology market growth at a high CAGR. The segmental analysis of application, end user, product, region, and component segments as well as regional market analysis has been presented in the global 3D metrology market research report. Analysts studying the 3D metrology market have presented projections in the 3D metrology market research report assisting 3D metrology market-based companies in numerous ways. The 3D metrology market research report offers crucial details about the 3D metrology market based on the data and forecasts till 2025.
Global 3D Metrology Market – Regional Analysis
North America, Europe, Asia Pacific and the rest of the world regional market for 3D metrology are primarily covered in the global 3D metrology market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level 3D metrology markets are covered in the report. In Asia-Pacific (APAC) region, the country-level 3D metrology markets covered are China, India, Japan, and others. The 3D metrology market research report also covers the regional market for 3D metrology spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The 3D metrology market research report further explores other regional markets from the rest of the world including 3D metrology markets of the Middle East and Africa. As per the global 3D metrology market research report.
The prominent players in the 3D Metrology Market are Hexagon AB (Sweden), Carl Zeiss AG (Germany), FARO Technologies (US), Mitutoyo Corporation (Japan) Nikon Corporation (Japan), KLA-Tencor (US), Jenoptik (Germany), Keyence (Japan), Perceptron (US), and Creaform (Canada).
Other players in the 3D metrology market are GoM (Germany), Automated Precision (US), 3D Digital Corp (US), 3D System Corp (US), Applied Materials (US), and Exact Metrology (US).
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