3D metrology is a technology that can be used to measure any three-dimensional object's height, length, distance, and point for theoretical and practical purposes in any discipline. It improves the outcomes by converting the real model into architectural films and photographs. 3D metrology is becoming more popular in a variety of industries since it allows manufacturers to track the efficiency and quality of the components used to make the desired industrial goods and products.
MARKET SCOPE
The "Global 3D metrology Market Analysis to 2028" is a specialized and in-depth study of the 3D metrology Market with a special focus on the global market trend analysis. The report aims to provide an overview of 3D metrology market with detailed market segmentation by offering, product, application and end-user. The global 3D metrology market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 3D metrology market player and offers key trends and opportunities in the 3D metrology market.
MARKET SEGMENTATION
? Based on offering the market is segmented as, hardware, software and services.
? Based on product the market is segmented as, coordinate measuring machine, optical digitizer and scanner, video measuring machine, 3D automated optical inspection system.
? Based on application the market is segmented as, reverse engineering, quality control and inspection, virtual simulation and others.
? Further, based on end-user the market is segmented as, energy and power, architecture and construction, aerospace and defense, electronics, automotive, heavy machinery and medical.
MARKET DYNAMICS
Drivers
? The increasing R&D spending, highly accurate and precision inspection due to three-dimensional data for modelling and analysis, focus on quality control are some factors expected to propel market growth.
? Utilization of 3D metrology in automation of industry as well as technological advancements.
? High demand for 3D metrology technology in manufacturing industries to boost overall productivity.
? High demand for 3D metrology in automotive industry is expected to fuel market growth.
Restraints
? The 3D metrology market is restrained by high cost of 3D metrology technology as well as dearth of expertise to handle 3D metrology.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global 3D metrology market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The 3D metrology market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting 3D metrology Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the 3D metrology market in these regions.
IMPACT OF COVID-19 ON 3D METROLOGY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The reports cover key developments in the 3D metrology market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from 3D metrology market are anticipated to lucrative growth opportunities in the future with the rising demand for 3D metrology market. Below mentioned is the list of few companies engaged in the 3D metrology market.
The report also includes the profiles of key 3D metrology market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
? Hexagon AB
? FARO Technologies, Inc.
? Nikon Metrology NV
? Mitutoyo Corporation
? 3D Digital Corporation
? Perceptron, Inc.
? 3D Systems Corporation
? Carl Zeiss
? Creaform Inc.
? Shining 3D Tech Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.