Global 3D Optical Metrology Market Will Reach USD 19,500.0 Million by 2024: Zion Market Research

New York, NY, April 09, 2018 -- Zion Market Research has published a new report titled “3D Optical Metrology Market, By Type (3D Automated Optical Inspection System, Optical Digitizer and Scanner, Laser Scanning, and Coordinate Measuring Machine); By Component (Software and Hardware) By Application (Quality Control, Reverse Engineering, Rapid Prototyping, Virtual Assembly, and Others); By Vertical (Aerospace & Defense, Automotive, Architecture & Construction, Medical, Electronics, Energy & Power, Heavy Machinery, and Others): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”.

According to the report, global 3D optical metrology market was valued at around USD 11,200.0 million in 2016 and is expected to reach over USD 19,500.0 million by the end of 2024, growing at a CAGR of over 7% between 2017 and 2024.

Browse through 96 Tables & 37 Figures spread over 110 Pages and in-depth TOC on "Global 3D Optical Metrology Market: Industry Type, Size, Share, Trends and Forecast 2016 – 2022”.

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Market Report Highlights:

• The iteration loops can be reduced and proper corrective actions can be obtained at a faster rate by the industries with the help of the 3D scanning and inspection analysis.
• The growing requirement for reliable and efficient products among the industries is expected to drive the 3D optical metrology market.
• In several sectors such as aerospace & defense; automotive; architecture & construction; medical; and electronics, inspection of the products has increased considerably which is expected to increase the demand for 3D analysis.
• Setting up of the 3D metrology facilities in an organization needs high capital which is the major challenge faced by the 3D optical metrology market.
• Increased technological advancements in the 3D optical metrology field anticipate to open up new opportunities.
• There is an increased demand for the 3D automated optical inspection system owing to its ability to inspect the co-planarity of the components thus being used widely in several sectors.
• The software segment is expected to register the highest CAGR in the coming years owing to the growing demand for the fast and accurate 3D data capturing.
• The automotive sector has an increased application of the 3D metrology owing to the increased requirement of precision in the design of the vehicles.
• North America accounted for a major share in 2016 owing to the increased high adoption of 3D scanning technologies for improving the product quality and efficiency.

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According to the analysts and insights shared by industry experts during primary research, increased demand for the consumer electronics and the growing sales of the automobiles are factors that are increasing the demand for the 3D optical metrology.

The growth in the industrial IoT market across the globe expects to drive the 3D optical metrology market. The companies are increasingly focusing on product innovation and advancements so that their products can attain increased quality and become multi-functional. To achieve this they are making use of 3D measurement and analysis. 3D optical metrology is a tool that is used for the quality control processes and is being used widely by the companies thus increasing its demand in the global market.

Browse the full “3D Optical Metrology Market, By Type (3D Automated Optical Inspection System, Optical Digitizer and Scanner, Laser Scanning, and Coordinate Measuring Machine); By Component (Software and Hardware) By Application (Quality Control, Reverse Engineering, Rapid Prototyping, Virtual Assembly, and Others); By Vertical (Aerospace & Defense, Automotive, Architecture & Construction, Medical, Electronics, Energy & Power, Heavy Machinery, and Others): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024" report at https://www.zionmarketresearch.com/report/3d-optical-metrology-market

Optical digitizer and scanner segment is expected to dominate the 3D optical metrology market. The optical digitizers and scanners are being adopted increasingly as precision optical measurement equipment. In various sectors such as automotive and aerospace, micro and nanostructures are studied in detail. For these precise measurements, the optical digitizers and scanners are used widely resulting in growing demand across the global market.

Hardware segment is anticipated to contribute a major share in the 3D optical metrology market as each type of measurement requires specially designed hardware. The increased sales of the hardware have contributed to the growth of the market. 

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The demand for the quality control has increased in the manufacturing sector owing to the increased adoption of the automated technologies. As the quality control plays a vital role in order to ensure the smooth functioning of the production and that too without incurring any extra cost the application projects contribute a major share in the market. 

North America is expected to dominate the 3D optical metrology market. Increased adoption of the advanced and latest 3D scanning technologies for improving the product quality across all the sectors is driving the growth of the market in this region.

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The major market players in the 3D optical metrology market are Capture 3D, Carl Zeis, Faro Technologies, Gom, Hexagon Metrology, Leica Microsystems, Nikon Metrology, Perceptron, Sensofar USA, Steinbichler Optotechnik, Zeta Instruments, and Zygo.

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The global 3D optical metrology markets segmented on the basis of the type, component, application, vertical, and the geographical regions.

Global 3D Optical Metrology Market: By Type

• 3D Automated Optical Inspection System
• Optical Digitizer and Scanner
• Laser Scanning
• Coordinate Measuring Machine 

Global 3D Optical Metrology Market: By Component

• Software
• Hardware 

Global 3D Optical Metrology Market: By Application

• Quality Control
• Reverse Engineering
• Rapid Prototyping
• Virtual Assembly
• Others

Global 3D Optical Metrology Market: By Vertical

• Aerospace & Defense
• Automotive
• Architecture & Construction
• Medical
• Electronics
• Energy & Power
• Heavy Machinery
• Others

Global 3D Optical Metrology Market: By Region

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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