3D Metrology Systems Market Size, Share and Forecast 2026
The global 3D metrology systems market was worth USD XX billion in 2018 and is forecasted to reach USD XX billion by 2026, growing at a CAGR of XX% during the forecast period (2019-2026).
(EMAILWIRE.COM, September 05, 2019 ) Market Overview
• 3D Metrology System is an advanced technology that is used to offer precise and accurate 3D measurement data. It is used for measuring many parameters such as length, distance, and height in a 3D measurement. 3D Metrology system functions as a reverse engineer in order to perform detailed analysis of any damaged equipment. This technology has applications in a wide range of industries such as aerospace, oil and gas, automotive, casting and forging, chemical and power generation and many more.
Market Dynamics
• Increasing research and development of 3d metrology is utmost importance to the manufacturers and companies involved, as product differentiation and enhancement of product properties play an essential role in business strategies of significant companies.
• The focus on product research and development technologies coupled with the employment of innovative services and technical expertise have positively influenced the market scenario, with industry experts actively recognizing and pursuing the consumer purchase pattern.
• The implementation of new technology is the first area of target for the companies, also software development is a key to improve the performance of the 3d metrology systems.
• The companies also recognize the advantages of research and innovations as means to increase market share through expanded product portfolio and extended consumer base, thereby focusing on innovative products.
Market Segmentation
• Based on the application, the global 3D metrology systems market is broadly segmented as automotive, aerospace, medical, 3D printing, and others. Among all of the application, the automotive industry dominates the market in terms of increasing productivity, quality, and lowering the costs of the products.
• Currently, the most advanced automotive OEMs are working on automating inspection and integrating metrology data with product lifecycle management systems, statistical process control, and supply chain management software. This actionable information helps new ways to reduce ramp-up times, minimize part rejection, and improve the performance of cars, vans, trucks, and other vehicles.
• For instance, Hexagon Metrology has played a vital role in developments within automotive manufacturing to date, and the business remains one of the foremost forces driving innovation in the industry. The company invests in research and development that yielded new technologies. Further, the company’s 360° SIMS - Through the line and beyond one of the most recent industrial solutions stands out as an attempt to solve a long-standing problem that has limited automotive manufacturing efficiency.
Geographical Analysis
• Based on the region, the global 3D metrology systems market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Among all of the regions, the North America region is dominating the market due to the presence of a large number of manufacturing plants and metrology service center, hence the demand for 3D metrology systems is anticipated to grow consistently in the region.
• For instance, November 2018 - ZEISS Industrial Quality Solutions has opened its latest metrology services center in Buffalo Grove, Illinois near Chicago. The company offers metrology services in several regional areas including Boston, Charlotte, Detroit, Irvine, Minneapolis, and Nashville.
• In April 2018, SHINING 3D, the industry leader in 3D digitizing and printing industries opened its new office for the Americas, as part of its plan for expansion into global markets. The company is also bringing the latest in 3D technology and products to customer in North America region.
Competitive Trends
• The global 3D metrology systems market is a fairly consolidated market with a few players having a considerable market share. The market is slightly consolidated with few major players amidst a high level of competition between them while the markets in the countries where market value is less have a fragmented market.
• In November 2018, Mitutoyo launched its “SpaceTrac Series” of laser trackers suitable for measuring large-scale components such as aerospace, energy generation, and construction components. In addition to the SpaceTrac series, Mitutoyo has also launched a 6D Laser Interferometer for the error detection and calibration of machines tools and precision manufacturing equipment.
• 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.
View full sample: https://www.datamintelligence.com/research-report/3d-metrology-systems-market
Download free sample : https://www.datamintelligence.com/download-sample/3d-metrology-systems-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
• 3D Metrology System is an advanced technology that is used to offer precise and accurate 3D measurement data. It is used for measuring many parameters such as length, distance, and height in a 3D measurement. 3D Metrology system functions as a reverse engineer in order to perform detailed analysis of any damaged equipment. This technology has applications in a wide range of industries such as aerospace, oil and gas, automotive, casting and forging, chemical and power generation and many more.
Market Dynamics
• Increasing research and development of 3d metrology is utmost importance to the manufacturers and companies involved, as product differentiation and enhancement of product properties play an essential role in business strategies of significant companies.
• The focus on product research and development technologies coupled with the employment of innovative services and technical expertise have positively influenced the market scenario, with industry experts actively recognizing and pursuing the consumer purchase pattern.
• The implementation of new technology is the first area of target for the companies, also software development is a key to improve the performance of the 3d metrology systems.
• The companies also recognize the advantages of research and innovations as means to increase market share through expanded product portfolio and extended consumer base, thereby focusing on innovative products.
Market Segmentation
• Based on the application, the global 3D metrology systems market is broadly segmented as automotive, aerospace, medical, 3D printing, and others. Among all of the application, the automotive industry dominates the market in terms of increasing productivity, quality, and lowering the costs of the products.
• Currently, the most advanced automotive OEMs are working on automating inspection and integrating metrology data with product lifecycle management systems, statistical process control, and supply chain management software. This actionable information helps new ways to reduce ramp-up times, minimize part rejection, and improve the performance of cars, vans, trucks, and other vehicles.
• For instance, Hexagon Metrology has played a vital role in developments within automotive manufacturing to date, and the business remains one of the foremost forces driving innovation in the industry. The company invests in research and development that yielded new technologies. Further, the company’s 360° SIMS - Through the line and beyond one of the most recent industrial solutions stands out as an attempt to solve a long-standing problem that has limited automotive manufacturing efficiency.
Geographical Analysis
• Based on the region, the global 3D metrology systems market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Among all of the regions, the North America region is dominating the market due to the presence of a large number of manufacturing plants and metrology service center, hence the demand for 3D metrology systems is anticipated to grow consistently in the region.
• For instance, November 2018 - ZEISS Industrial Quality Solutions has opened its latest metrology services center in Buffalo Grove, Illinois near Chicago. The company offers metrology services in several regional areas including Boston, Charlotte, Detroit, Irvine, Minneapolis, and Nashville.
• In April 2018, SHINING 3D, the industry leader in 3D digitizing and printing industries opened its new office for the Americas, as part of its plan for expansion into global markets. The company is also bringing the latest in 3D technology and products to customer in North America region.
Competitive Trends
• The global 3D metrology systems market is a fairly consolidated market with a few players having a considerable market share. The market is slightly consolidated with few major players amidst a high level of competition between them while the markets in the countries where market value is less have a fragmented market.
• In November 2018, Mitutoyo launched its “SpaceTrac Series” of laser trackers suitable for measuring large-scale components such as aerospace, energy generation, and construction components. In addition to the SpaceTrac series, Mitutoyo has also launched a 6D Laser Interferometer for the error detection and calibration of machines tools and precision manufacturing equipment.
• 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.
View full sample: https://www.datamintelligence.com/research-report/3d-metrology-systems-market
Download free sample : https://www.datamintelligence.com/download-sample/3d-metrology-systems-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results