3D Metrology Market worth $15.01 Billion by 2029, at a CAGR of 6.2%

The global 3D Metrology Market is anticipated to grow from USD 11.13 billion in 2024 to USD 15.01 billion by 2029 expanding at a compound annual growth rate (CAGR) of 6.2% during the forecast period.
The report "3D Metrology Market [https://www.marketsandmarkets.com/Market-Reports/3d-metrology-market-203080758.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=3dmetrologymarket] by Coordinate Measuring Machine (CMM), Optical Digitizer and Scanner (ODS), Form Measurement Equipment, X-ray and CT Equipment, Video Measuring Machine (VMM) and 3D Automated Optical Inspection System - Global Forecast to 2029" The global 3D metrology market was estimated to be valued at USD 11.13 billion in 2024 and is projected to reach USD 15.01 billion by 2029; it is expected to register a CAGR of 6.2% during the forecast period.

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Browse 228 market data Tables and 69 Figures spread through 357 Pages and in-depth TOC on "3D Metrology Market"

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Increasing demand for quality control in various end-use industries, emergence of 5G and IoT-enabled manufacturing, growing adoption of Industry 4.0, rising popularity of AI-based metrology tools, shift from labor-intensive manual inspections to advanced automated optical inspection systems, and growing application of big data analytics in metrology industry are the major factors driving the overall market growth.

By CMM Type, bridge CMM segment to account for the largest market share in 2029.

The bridge CMM segment is expected to lead the market during the forecast period. Bridge CMMs dominate the 3D metrology market due to their superior precision, reliability, and ability to handle diverse measurement tasks, making them ideal for industries requiring meticulous quality control of medium to large-sized components. In addition, better rigidity and higher accuracy are the major factors for adopting bridge CMMs for 3D metrology. Nikon provides bridge CMMs to PMS Diecasting Ltd. (UK) for inspection, thus enabling faster product-to-market and reduced development costs.

By End-use Industry, medical segment is expected to exhibit the highest CAGR between 2024 and 2029.

The medical end-use industry is expected to expand at the highest CAGR in the 3D metrology market. This can be attributed to the requirement for precision while developing implants, prosthetics, and surgical tools. As the number of minimally invasive operations and personal medical devices increases, there is a greater emphasis on improved measuring equipment. Furthermore, an increased focus on quality and safety has also encouraged the use of improved measurement systems in the medical industry.

North America to hold the second-largest share in the market from 2024 to 2029.

3D metrology market in North America is predicted to have the second-largest market share throughout the forecast period due to significant growth in the aerospace and military industries, both of which require high levels of precision and quality. The presence of advanced industries and the ongoing investments in R&D of 3D measurement technologies have contributed to the growth of 3D metrology. The automobile sector, particularly in the US, has increased demand as production of electric vehicles has increased, necessitating the use of high-grade metrology systems for assembly and inspection purposes. Companies established in North America, such as FARO (US), KLA Corporation (US), InnovMetric Software (Canada) and Creaform (Canada), contribute to the region's growth.

Key Players-

The key companies offering 3D metrology solutions include Hexagon AB (Sweden), ZEISS Group (Germany), FARO (US), Mitutoyo Corporation (Japan), KEYENCE CORPORATION (Japan), KLA Corporation (US), Renishaw plc (UK), and Nikon Corporation (Japan) among others.

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