The global 3D metrology market revenue was US$ 9.60 billion in 2021. The 3D metrology market revenue is forecast to reach US$ 19.65 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.5% during the forecast period from 2022 to 2030.
A 3D metrology system provides accurate and precise 3D measurement data using advanced technology. In addition, it is the study of physical measurement in a scientific way. It is also known as a precision measurement in general. In its simplest form, 3D metrology can obtain geometrical data of objects in 3 axes (x, y, z). Most measurement results are acquired using a coordinate measuring machine (CMM). It is still possible to use other 3D capture systems as a substitute for 3D metrology. Many industries use 3D metrology for maintaining product quality, including automotive, construction, engineering, aerospace, energy and power, and heavy machinery.
Factors Influencing Market Growth
Impact Analysis of COVID-19
In response to the COVID-19 pandemic, a partial or complete lockdown was imposed by the government worldwide in order to control the spread of the COVID-19 virus. Consequently, it disrupted the supply chain of manufacturers and made it hard for them to reach end-users. In addition, businesses and manufacturing units across several countries had to close their operations due to labor shortages and a lack of raw materials. As a result, these factors had caused a decrease in global demand, which negatively affected the global market.
Regional Insights
In 2020, North America dominated the global 3D metrology market. The region is forecast to show significant growth during the forecast period. A growing large number of pharmaceutical, automotive, and aerospace equipment manufacturers in the US, rapid automation in automotive manufacturing facilities, and the increasing demand for 3D metrology services contribute to the growth of the global 3D metrology market.
The Asia-Pacific region is forecast to grow substantially during the forecast period. Developing countries such as China, India, and Japan contribute a great deal to the growth of the 3D metrology market. The Asia Pacific region has experienced rapid growth due to the presence of many automotive plants and various manufacturing firms.
Leading Competitors
The leading competitors profiled in the global 3D metrology market are:
Scope of the Report
The global 3D metrology market segmentation focuses on Product, Application, End-User, and Region.
Segmentation based on Product
Segmentation based on Application
Segmentation based on End-User
Segmentation based on Region
