3D Metrology Market

7500+ companies worldwide approach us every year for their revenue growth inititatives

Global top 2000 strategist rely on us for their growth strategies.

80% of fortune 2000 companies rely on our research to identify new revenue sources.

30000 High Growth Opportunities

95% renewal rate

KNOW MORE

3D Metrology Market by Offering (Hardware, Software, Services), Product (CMM, ODS, VMM, 3D AOL), Application (Reverse Engineering, Quality Control & Inspection, Virtual Simulation), End-user Industry, and Geography - Global Forecast to 2024

FREE BROCHURE FREE SAMPLE REPORT

Report Code: SE 3606 Jan, 2019, by marketsandmarkets.com

The 3D metrology market was valued at USD 9.5 billion in 2018 and is expected to reach USD 16.2 billion by 2024, at a CAGR of 9.3% from 2018 to 2024. The major driving factors for the 3D metrology market are the highly accurate inspection owing to 3D data for modelling and analysis, focus on quality control, and increase in R&D spending.However, lack of expertise to efficiently handle 3D metrology systems and high cost incurred for setting up the 3D metrology facility are expected to limit the growth of this market.

3D Metrology Market

To know about the assumptions considered for the study, download the pdf brochure

By offering, hardware segment is largest contributor in 3D metrology market during forecast period

Increasing adoption of 3D metrology equipment in industries such as aerospace & defense, automotive, architecture and construction, medical, electronics, energy & power, and heavy machinery to maintain product quality is the major driver for the growth of the hardware market. Also, the growing market for CMM drives the growth of hardware offering in the 3D metrology market. CMM is required in the automotive industry for inspection, measurement, and quality checking of various components.

CMM products account for largest market size of 3D metrology market during forecast period

High precision and accuracy in measurement can be achieved by a CMM. Increased flexibility, reduced set-up time, improved accuracy, and enhanced productivity are the major advantages of a CMM over conventional gaging methods.

3D metrology market for quality control applications to grow at highest CAGR from 2018 to 2024

Automotive and aerospace & defense are the major industries where 3D metrology is used for quality control and inspection. 3D metrology is mainly used in the automotive industry for automotive component inspection, powertrain components, and full body inspection, as well as for checking accuracy and precision of all areas in a vehicle plant.

3D metrology market for automotive industry to grow at significant rate from 2018 to 2024

3D metrology is required in the automotive industry for inspection, measurement, and quality checking of various components. The automotive industry is increasingly using optical measurement systems and CMMs instead of conventional strain gauges, accelerometers, transducers, and extensometers for improving the safety and comfort level of a vehicle.

3D Metrology Market

To request to know about sample pages on the above findings, click Request Sample

APAC to hold major share of 3D metrology market in 2018

APAC continues to grow at a high rate, which can be attributed to the high economic growth witnessed by major countries such as China and Japan in this region. The key countries contributing to the growth of the 3D metrology market in APAC include Japan, China, India, and South Korea. Remaining countries contributing to the market are considered in the Rest of APAC; these countries are Australia, New Zealand, Taiwan, Singapore, Indonesia, and the Philippines. Automobile and electronics manufacturers use 3D metrology systems during the production process for quality inspections; as the number of automobile manufacturing plants is more in APAC than other regions, the demand for 3D metrology offerings is expected to grow rapidly in this region.

Key Market Players

The major players in the 3D metrology market include 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), Creaform (Canada), GoM (Germany), Automated Precision (US), 3D Digital Corp (US), 3D System Corp (US), and Applied Materials (US).

Hexagon provides metrology solutions through its Manufacturing Intelligent division. The company captured a market share of 13.9% in 2017. Hexagon caters to customers in various end-user industries, including aerospace, agriculture, automotive, infrastructure and construction, metal and mining, power, and safety and surveying. The company provides its customers fully control manufacturing solutions that rely on dimensional precision, ensuring that products manufactured precisely conform to the original product design. Moreover, the company also provides after-sales services to its customers. The key strategy of the company includes the launch of new products, along with the development of new technologies and solutions. The company prominently adopts products launches as its main business strategy to widen its customer base and increase the overall business revenue. For instance, in March 2017, the company launched a new camera-based portable CMM for highly accurate shop-floor measurements. Moreover, the company adopts acquisition strategy to expand its business, in terms of technology, and customer base.

Scope of the Report:

Report Metric	Details
Market size available for years	2015�2024
Base year	2017
Forecast period	2018�2024
Units	Value, USD
Segments covered	Offering, Product, Application, End-User Industry
Geographic regions covered	North America, APAC, Europe, and RoW
Companies covered	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), Creaform (Canada), GoM (Germany), Automated Precision (US), 3D Digital Corp (US), 3D System Corp (US), Applied Materials (US)

This report categorizes the 3D metrology market based on offering, product, application, end-user industry, and region.

3D Metrology Market, by Offering:

Hardware
Software
Services

3D Metrology Market, by Product:

Coordinate Measuring Machine (CMM)
Optical Digitizer & Scanner (ODS)
Video Measuring Machine (VMM)
3D Automated Optical Inspection System (AoI)
Form Measurement

3D Metrology Market, by Application:

Quality Control & Inspection
Reverse Engineering
Virtual Simulation
Others (as-built documentation and as-built product structure)

3D Metrology Market, by End-User Industry:

Aerospace & Defense
Automotive
Architecture & Construction
Medical
Electronics
Energy & Power
Heavy Industry
Mining
Others (media, education, forensic, fashion and jewelry, and research)

3D Metrology Market, by Region:

North America
- US
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
APAC
- China
- Japan
- South Korea
- India
- Rest of APAC
RoW
- Middle East & Africa
- South America

Recent Developments

In March 2017, Hexagon Manufacturing Intelligence released a new camera-based portable CMM for shop-floor measurements with high precision. The camera detects geometric conditions and changes in 3 dimensions to deliver highly accurate measurement data.
In June 2017, Hexagon launched Intergraph Smart Digital Asset (SDA) Collaboration Module for industrial facilities. The adoption of SDA Collaboration would help customers increase efficiencies, resulting in significant savings on the total project and handover costs.
In March 2018, Mitutoyo America Corporation announced MCOSMOS V4.2 metrology software for Mitutoyo coordinate measuring machines. MCOSMOS by Mitutoyo is a proprietary metrology suite of inter-related modules and dedicated expansion modules for Microsoft Windows.
In September 2017, FARO launched FARO Visual Inspect for inspection and design purposes. This product enables the transfer of large, complex 3D CAD data to an iPad, which is then used for mobile visualization and comparison with the real-world conditions.

Key questions addressed by report

Which are the major applications of the 3D metrology market? How big is the opportunity for their growth in the developing economies in the next 5 years?
Which are the major companies in the 3D metrology market? What are their major strategies to strengthen their market presence?
Which are the leading countries in the 3D metrology market? What would be the share of North America and Europe in this market in the next 5 years?
Where will all these developments in the market take the industry in the mid to long term?
What are the upcoming industry applications for 3D metrology?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Secondary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities in the 3D Metrology Market
    4.2 Market, By Offering
    4.3 Market, By Application
    4.4 Product and Industry Snapshot of Market
    4.5 US Held Largest Share of Market (2018)

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Highly Accurate Inspection Owing to Three-Dimensional Data for Modelling and Analysis
                    5.2.1.2 Increase in R&D Spending
                    5.2.1.3 Focus on Quality Control
           5.2.2 Restraints
                    5.2.2.1 High Cost Incurred for Setting Up 3D Metrology Facility
                    5.2.2.2 Lack of Expertise to Efficiently Handle 3D Metrology Systems
           5.2.3 Opportunities
                    5.2.3.1 Cloud Computing Services Offer Effective Cost and Time Saving
                    5.2.3.2 Rise in Demand for Industry 4.0
                    5.2.3.3 Upsurge in Demand for 3D Metrology Services
                    5.2.3.4 Increase in Rentals and Leasing Services
           5.2.4 Challenges
                    5.2.4.1 Lack of Simplified Software Solutions

6 3D Metrology Market, By Offering (Page No. - 40)
    6.1 Introduction
    6.2 Hardware
           6.2.1 CMM Drives the Growth of Global 3D Metrology Market During the Forecasted Period
    6.3 Software
           6.3.1 Large Adoption of Cloud Software in Metrology Fuels the Growth of Software Market
    6.4 Services
           6.4.1 After-Sales Services
                    6.4.1.1 Need for System Upgrades Drives the After Sales Service Market
           6.4.2 Software as A Service
                    6.4.2.1 Increasing Cloud Usage for Metrology Services Drives the Growth of Software-As-A-Service in 3D Metrology
           6.4.3 Storage as A Service
                    6.4.3.1 Companies are Focusing on Adopting Cost Effective Measures Thereby Promoting Shared Cloud Services for Storage
           6.4.4 Measurement Services
                    6.4.4.1 Part Measurement and Outsourcing Helps in Reducing the Overall Production Cost

7 3D Metrology Market, By Product (Page No. - 46)
    7.1 Introduction
    7.2 Coordinate Measuring Machine (CMM)
           7.2.1 Bridge CMM
                    7.2.1.1 Bridge Design Enable CMM to Provide Better Rigidity and High Accuracy
           7.2.2 Gantry CMM
                    7.2.2.1 Ability to Measure Large Objects Such as Cars and Other Vehicles Help Gantry CMMs to Differentiate From Bridge CMMs
           7.2.3 Horizontal Arm CMM
                    7.2.3.1 Horizontal CMMs are Used to Measure Large and Hard to Reach Workpieces
           7.2.4 Cantilever CMM
                    7.2.4.1 Cantilever CMMs Capture Significant Share of CMM Market Owing to Its High Accuracy to Measure Objects
           7.2.5 Articulated Arm CMM
                    7.2.5.1 Ability to Allow Probe to Be Placed in Different Directions During Measurement Process Drives the Market for Articulated Arm CMMs
    7.3 Optical Digitizer and Scanner (ODS)
           7.3.1 3D Laser Scanner
                    7.3.1.1 Accuracy and Versatility of Scanning Tools Contributes to the Rapid Adoption 3D Laser Scanners
           7.3.2 Structured Light Scanner
                    7.3.2.1 The Need for an Accurate, Cost-Effective, Better Quality, and Reliable Product Across Various Industries Contributes to the Growth of Structured Light Scanners Market
           7.3.3 Laser Tracker
                    7.3.3.1 Monitoring and Measuring Application Across Industries Fuels the Growth of Laser Tracker
    7.4 Video Measuring Machine (VMM)
           7.4.1 Vision System
                    7.4.1.1 Focus on High-Resolution Measurements in the Millimeter to Nanometer Range Propels the Growth of Vision System
           7.4.2 Measuring Microscope
                    7.4.2.1 Industrial Measurement and Image Analysis are Major Applications of Measuring Microscopes
           7.4.3 Optical Comparator
                    7.4.3.1 Optical Comparators are Used to Measure Small Objects and Parts
           7.4.4 Multisensor Measuring System
                    7.4.4.1 Multisensor Measuring System are Used for Hard to Reach Areas Using Touch Probe
    7.5 Automated Optical Inspection
           7.5.1 Electronics Industry Offers Lucrative Market for 3D AOI
    7.6 Form Measurement
           7.6.1 Surface Analysis and Contour Measurement are Major Drivers for Form Measurement Market

8 3D Metrology Market, By Application (Page No. - 59)
    8.1 Introduction
    8.2 Quality Control and Inspection
           8.2.1 Increasing Need to Meet Quality Standard Fuels the Growth of Quality Control and Inspection Market
    8.3 Reverse Engineering
           8.3.1 3D Modelling Drives the Market for Reverse Engineering Application
    8.4 Virtual Simulation
           8.4.1 Real Time Graphical Analysis Contributes to the Growth of Virtual Simulation Market
    8.5 Other Applications
           8.5.1 Other Applications are Largely Driven By the Growth of Augumented Reality Market

9 3D Metrology Market, By End-User Industry (Page No. - 65)
    9.1 Introduction
    9.2 Aerospace & Defense
           9.2.1 Aircraft Components
                    9.2.1.1 3D Metrology is Used for Detailed Inspection of the Components Inside an Aircraft
           9.2.2 Defense
                    9.2.2.1 Metrology is Largely Used to Study Quality Standards of Defense Equipment
           9.2.3 Space Exploration
                    9.2.3.1 Reverse Engineering is Among the Major Application of 3D Metrology in Space Exploration
    9.3 Automotive
           9.3.1 Automotive Design & Styling
                    9.3.1.1 Need for Inspection Drives the Market in Automotive
           9.3.2 Pilot Plant Metrology
                    9.3.2.1 Inline Metrology is Largely Used Inside Automotive Manufacturing Plants
           9.3.3 Automotive Component Inspection
                    9.3.3.1 Rising Demand for Maintaining Quality Standards Across Automotive Demands Metrology Services
           9.3.4 Others
    9.4 Architecture & Construction
           9.4.1 Computer Aided Designs Software Drives the Market in Architecture & Construction Industry
    9.5 Medical
           9.5.1 Orthopedics and Prosthetics
                    9.5.1.1 Optical Metrology is Largely Adopted in Medical Industry
           9.5.2 Medical Devices
                    9.5.2.1 Computed Tomography and X-Ray are Among the Widely Used Devices for 3D Inspection
           9.5.3 Dental
                    9.5.3.1 Advancement in Dental is Largely Driven By the Use of Laser Technology
    9.6 Electronics
           9.6.1 Automated Optical Inspection Drives the Market in Electronics Industry
    9.7 Energy & Power
           9.7.1 Turbines (Gas, Wind, & Hydro)
                    9.7.1.1 Energy and Power is Among the Major Adopter of 3D Metrology for Inspection
           9.7.2 Solar Panel
                    9.7.2.1 Smart City Initiatives Propels the Growth of Energy & Power Industry
    9.8 Heavy Machinery Industry
           9.8.1 Heavy Machinery to Hold A Major Share in 3D Metrolgoy Market Druing the Forecasted Period
    9.9 Mining
           9.9.1 Form Measurement is Largely Used for 3D Metrology in Mining
    9.10 Others

10 Geographic Analysis (Page No. - 87)
     10.1 Introduction
     10.2 North America
             10.2.1 US
                        10.2.1.1 US Likely to Hold the Largest Market of 3D Metrology Market in 2018
             10.2.2 Canada
                        10.2.2.1 Manufacturing Industry in Canada to Drive the Market in 2018
             10.2.3 Mexico
                        10.2.3.1 Automotive Industry in Canada to Drive the Market in 2018
     10.3 Europe
             10.3.1 Germany
                        10.3.1.1 Presence of Major Automotive Players Drives the Market for 3D Metrology in Germany
             10.3.2 UK
                        10.3.2.1 UK Accounted for the Largest Share of European Market
             10.3.3 France
                        10.3.3.1 Aerospace Drives the Market for 3D Metrology in Germany
             10.3.4 Italy
                        10.3.4.1 Italian Market Grows at A Steady Rate During the Forecasted Period
             10.3.5 Spain
                        10.3.5.1 Spain is Expected to Grow at High Rate Between 2018 and 2024
             10.3.6 Rest of Europe
                        10.3.6.1 RoW Offers Huge Potential Growth for Market
     10.4 APAC
             10.4.1 China
                        10.4.1.1 China Held the Largest Market Share of APAC Market in 2018
             10.4.2 Japan
                        10.4.2.1 Automotive Industry Drives the Market for 3D Metrology in Japan
             10.4.3 South Korea
                        10.4.3.1 Electronics Industry Drives the Market for 3D Metrology in South Korea
             10.4.4 India
                        10.4.4.1 Supporting Government Policies Drives the Market for 3D Metrology in India
             10.4.5 Rest of APAC
     10.5 RoW
             10.5.1 Middle East and Africa
                        10.5.1.1 Heavy Government Spending Contributes to the Growth of 3D Metrology in Middle East and Africa
             10.5.2 South America
                        10.5.2.1 Increasing Automotive Base in South America Propels the Growth of 3D Metrology

11 Competitive Landscape (Page No. - 102)
     11.1 Overview
     11.2 Competitive Situations and Trends
             11.2.1 Product Launches
             11.2.2 Partnerships, Contracts, Agreements, and Collaborations
             11.2.3 Mergers & Acquisitions
     11.3 Competitive Leadership Mapping
             11.3.1 Visionary Leaders
             11.3.2 Dynamic Differentiators
             11.3.3 Innovators
             11.3.4 Emerging Companies
     11.4 Strength of Product Offering (25 Companies)
     11.5 Business Strategy Excellence (25 Companies)

12 Company Profiles (Page No. - 110)
     12.1 Key Players
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
             12.1.1 Hexagon
             12.1.2 Faro Technologies
             12.1.3 Nikon Metrology
             12.1.4 Carl Zeiss
             12.1.5 KLA-Tencor
             12.1.6 Jenoptik
             12.1.7 Renishaw
             12.1.8 Mitutoyo Corporation
             12.1.9 GOM
             12.1.10 Creaform
             12.1.11 Perceptron
             12.1.12 3D Digital Corporation
             12.1.13 Automated Precision
     12.2 Other Players
             12.2.1 JLM Advanced Technical Services
             12.2.2 Precision Products
             12.2.3 Carmar Accuracy

(*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.)

13 Appendix (Page No. - 141)
     13.1 Insights From Industry Experts
     13.3 Knowledge Store: Marketsandmarkets� Subscription Portal
     13.4 Available Customization
     13.5 Related Reports
     13.6 Author Details

List of Tables (67 Tables)

Table 1 3D Metrology Market, By Offering, 2015�2024 (USD Million)
Table 2 3D Metrology Hardware Market, By End-User Industry, 2015�2024 (USD Million)
Table 3 3D Metrology Software Market, By End-User Industry, 2015�2024 (USD Million)
Table 4 Market for Services, By Services, 2015�2024 (USD Million)
Table 5 Market for Services, By End-User Industry, 2015�2024 (USD Million)
Table 6 Market, By Product, 2015�2024 (USD Million)
Table 7 Market for CMM, By Type, 2015�2024 (USD Million)
Table 8 Market for CMM, By End-User Industry, 2015�2024 (USD Million)
Table 9 Market for CMM, By Region, 2015�2024 (USD Million)
Table 10 Market for ODS, By Type, 2015�2024 (USD Million)
Table 11 Market for ODS, By End-User Industry, 2015�2024 (USD Million)
Table 12 Market for ODS, By Region, 2015�2024 (USD Million)
Table 13 Market for VMM, By End-User Industry, 2015�2024 (USD Million)
Table 14 Market for VMM, By Region, 2015�2024 (USD Million)
Table 15 Market for 3D AOI, By End-User Industry, 2015�2024 (USD Million)
Table 16 Market for 3D AOI, By Region, 2015�2024 (USD Million)
Table 17 Market for Form Measurement, By End-User Industry, 2015�2024 (USD Million)
Table 18 Market for Form Measurement, By Region, 2015�2024 (USD Million)
Table 19 Market, By Application, 2015�2024 (USD Million)
Table 20 Market for Quality Control and Inspection, By End-User Industry, 2015�2024 (USD Million)
Table 21 Market for Reverse Engineering, By End-User Industry, 2015�2024 (USD Million)
Table 22 Market for Virtual Simulation, By End-User Industry, 2015�2024 (USD Million)
Table 23 Market for Other Applications, By End-User Industry, 2015�2024 (USD Million)
Table 24 Market, By End-User Industry, 2015�2024 (USD Million)
Table 25 Market for Aerospace & Defense Industry, By Product, 2015�2024 (USD Million)
Table 26 Market for Aerospace & Defense Industry, By Application, 2015�2024 (USD Million)
Table 27 Market for Aerospace & Defense Industry, By Region, 2015�2024 (USD Million)
Table 28 Market for Automotive Industry, By Product, 2015�2024 (USD Million)
Table 29 Market for Automotive Industry, By Application, 2015�2024 (USD Million)
Table 30 Market for Automotive Industry, By Region, 2015�2024 (USD Million)
Table 31 Market for Architecture & Construction Industry, By Product, 2015�2024 (USD Million)
Table 32 Market for Architecture & Construction Industry, By Application, 2015�2024 (USD Million)
Table 33 Market for Architecture & Construction Industry, By Region, 2015�2024 (USD Million)
Table 34 Market for Medical Industry, By Product, 2015�2024 (USD Million)
Table 35 Market for Medical Industry, By Application, 2015�2024 (USD Million)
Table 36 Market for Medical Industry, By Region, 2015�2024 (USD Million)
Table 37 Market for Electronics Industry, By Product, 2015�2024 (USD Million)
Table 38 Market for Electronics Industry, By Application, 2015�2024 (USD Million)
Table 39 Market for Electronics Industry, By Region, 2015�2024 (USD Million)
Table 40 Market for Energy & Power Industry, By Product, 2015�2024 (USD Million)
Table 41 Market for Energy & Power Industry, By Application, 2015�2024 (USD Million)
Table 42 Market for Energy & Power Industry, By Region, 2015�2024 (USD Million)
Table 43 Market for Heavy Machinery Industry, By Product, 2015�2024 (USD Million)
Table 44 Market for Heavy Machinery Industry, By Application, 2015�2024 (USD Million)
Table 45 Market for Heavy Machinery Industry, By Region, 2015�2024 (USD Million)
Table 46 Market for Mining Industry, By Product, 2015�2024 (USD Million)
Table 47 Market for Mining Industry, By Application, 2015�2024 (USD Million)
Table 48 Market for Mining Industry, By Region, 2015�2024 (USD Million)
Table 49 Market for Other Industries, By Product, 2015�2024 (USD Million)
Table 50 Market for Other Industries, By Application, 2015�2024 (USD Million)
Table 51 Market for Other Industries, By Region, 2015�2024 (USD Million)
Table 52 Market, By Region, 2015�2024 (USD Million)
Table 53 Market in North America, By Country, 2015�2024 (USD Million)
Table 54 Market in North America, By End-User Industry, 2015�2024 (USD Million)
Table 55 Market in North America, By Product, 2015�2024 (USD Million)
Table 56 Market in Europe, By Country, 2015�2024 (USD Million)
Table 57 Market in Europe, By End-User Industry, 2015�2024 (USD Million)
Table 58 Market in Europe, By Product, 2015�2024 (USD Million)
Table 59 Market in APAC, By Country, 2015�2024 (USD Million)
Table 60 Market in APAC, By End-User Industry, 2015�2024 (USD Million)
Table 61 Market in APAC, By Product, 2015�2024 (USD Million)
Table 62 Market in RoW, By Region, 2015�2024 (USD Million)
Table 63 Market in RoW, By End-User Industry, 2015�2024 (USD Million)
Table 64 Market in RoW, By Product, 2015�2024 (USD Million)
Table 65 Product Developments, 2017�2018
Table 66 Partnerships, Agreements, Collaborations, Contracts, and Joint Ventures, 2017�2018
Table 67 Mergers & Acquisitions, 2017�2018

List of Figures (44 Figures)

Figure 1 3D Metrology Market Segmentation
Figure 2 Market: Research Design
Figure 3 Process Flow of Market Size Estimation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Market, By Offering, 2018 vs 2024
Figure 8 Market, By Product, 2018 vs 2024
Figure 9 Market, By End-User Industry, 2018�2024
Figure 10 China and India Likely to Boost the Growth of Market
Figure 11 Market to Grow at A High Rate From 2018 to 2024
Figure 12 Hardware to Dominate Market From 2015 to 2024
Figure 13 Quality Control & Inspection to Lead Market Between 2018 and 2024
Figure 14 CMM Held Largest Size of Market for Products in 2018
Figure 15 China and India to Witness Highest CAGR for Market in 2018
Figure 16 3D Metrology: Market Dynamics
Figure 17 Hardware to Hold Largest Size of Market From 2018 to 2024
Figure 18 CMM to Dominate Market From 2018 to 2024
Figure 19 ODS Market for Automotive Industry to Witness Largest Market Share in 2018
Figure 20 Form Measurement Market for Aerospace & Defense Industry to Witness Highest CAGR From 2018 to 2024
Figure 21 Market for Quality Control & Inspection to Witness Highest CAGR From 2018 to 2024
Figure 22 Aerospace & Defense to Dominate Market in 2018
Figure 23 Automotive Industry to Dominate Market From 2018 to 2024
Figure 24 North America to Hold Largest Size of Market for Aerospace & Defense Industry From 2018 to 2024
Figure 25 Quality Control & Inspection to Dominate Market for Medical Industry From 2018 to 2024
Figure 26 Market for Electronics Industry in APAC to Witness Highest CAGR From 2018 and 2024
Figure 27 Quality Control & Inspection to Hold Largest Size of Market for Heavy Machinery Industry From 2018 to 2024
Figure 28 APAC to Dominate Market for Mining Industry From 2018 to 2024
Figure 29 Geographic Analysis: 3D Metrology Market (2018�2024)
Figure 30 North America: Snapshot of Market
Figure 31 Europe: Snapshot of Market
Figure 32 APAC: Snapshot of Market
Figure 33 Top Companies Adopted Product Development as Key Growth Strategy From 2016 to 2018
Figure 34 Market Players: Share Analysis (2018)
Figure 35 Key Strategies Adopted By Top Players
Figure 36 Market (Global) Competitive Leadership Mapping, 2018
Figure 37 Hexagon: Company Snapshot
Figure 38 Faro Technologies : Company Snapshot
Figure 39 Nikon Group: Company Snapshot
Figure 40 Carl Zeiss: Company Snapshot
Figure 41 KLA�Tencor : Company Snapshot
Figure 42 Jenoptik: Company Snapshot
Figure 43 Renishaw: Company Snapshot
Figure 44 Perceptron : Company Snapshot

The study involved 4 major activities in estimating the current size of the 3D metrology market. Exhaustive secondary research has been conducted to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both, top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

Secondary Research

The research methodology used to estimate and forecast the 3D metrology market begins with capturing data on revenues of the key vendors in the market through secondary research. This study involves the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for the technical and commercial study of the 3D metrology market. Moreover, secondary sources include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research has been mainly done to obtain key information about the industry�s supply chain, the market�s value chain, the total pool of key players, market classification and segmentation according to industry trends, geographic markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain the qualitative and quantitative information relevant to the 3D metrology market. Primary sources from the supply side include experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, application developers, application users, and related executives from various key companies and organizations operating in the ecosystem of the 3D metrology market.

3D Metrology Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches have been used to estimate and validate the overall size of the 3D metrology market. These methods have also been used extensively to estimate the size of various market subsegments. The research methodology used to estimate the market size includes the following:

Key players in major applications and markets have been identified through extensive secondary research.
The industry�s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from both demand and supply sides.

Report Objectives

To describe and forecast the 3D metrology market, in terms of value, by offering, product, application, and end-user industry
To describe and forecast the 3D metrology market, in terms of volume, by product
To describe and forecast the market, in terms of value, by region�North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and challenges)
To strategically analyze micromarkets with regard to individual growth trends, prospects, and contributions to the total market
To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders
To analyze strategic approaches such as product launches, acquisitions, contracts, agreements, and partnerships in the 3D metrology market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company�s specific needs. The following customization options are available for the report:

Product Analysis

Product matrix that gives a detailed comparison of the product portfolio of each company
Comprehensive coverage of funding/M&A activities, regulations followed in each region (North America, APAC, Europe, and RoW)