Americas 3D Metrology Market Size (2024 - 2029)

The Americas 3D Metrology Market is experiencing growth driven by advancements in technology and the increasing adoption of in-line solutions, which are essential for industry 4.0. The market's expansion is supported by the rising use of 3D data for modeling and analysis across various sectors, alongside heightened R&D investments. Innovations in 3D measurement solutions, such as portable CMM and cloud-based applications, are contributing to the market's development. However, small- and medium-sized enterprises face challenges due to the high costs associated with establishing 3D metrology facilities. The market's dynamics have also been affected by the COVID-19 pandemic, leading to reduced demand in certain industries like energy, power, and aerospace.

Home Market Analysis Technology, Media and Telecom Research Electronics Research Test and Measurement Research Americas 3D Metrology Market Market Size

Market Size of Americas 3D Metrology Industry

america 3d metrology market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 8.40 %
Market Concentration Medium

Major Players

Americas 3D Metrology Market Major Players

*Disclaimer: Major Players sorted in no particular order

Americas 3D Metrology Market Analysis

The Americas 3D Metrology Market is expected to register a CAGR of 8.4% over the forecast period (2022-2027). The growing changes in product designs and investments in industry 4.0 and demand for the Adoption of in-line solutions and Technological advancements are driving the growth of the 3D Metrology market.

  • The growing use of 3D data for modeling and analysis in various industries and increased research and development (R&D) investments in 3D metrology is expected to grow the 3D metrology market.
  • The development of 3D measurement solutions, portable CMM, robot-mounted optical CMM scanners, cloud-based software application platforms, and dimensional metrology services led to high growth in the market.
  • 3D metrology solutions are widely used across consumer and industrial electronics sectors to ensure the quality of parts and products, ranging from actuators, smartphone enclosures, and lead frames to sensors, speakers, smart home devices, and white goods; for instance, PCM Innovation has built BuildIT Metrology Software which is a CAD-to-part inspection solution that enables quick and easy dimensional verification of manufactured parts and assemblies for tool building, assembly, alignment, process automation, reverse engineering, and quality control.
  • Small- and medium-sized enterprises are facing cost issues while setting up a 3D metrology facility as it includes measuring equipment cost, installation cost, and maintenance cost, which is an extensive investment for enterprises.
  • Due to the COVID-19 outbreak has had a significant impact on the CMM value chain, the energy and power industries, as well as the aerospace industry, are experiencing low demand, which is expected to continue in the short term due to the global slowdown.

Americas 3D Metrology Industry Segmentation

3D Metrology is the scientific study of physical measurement, which encompasses precision measurement of tools with fixtures and machined components.

Americas 3D Metrology Market is Segmented by Component (Hardware, Software), Hardware Type (Coordinate Measuring Machine (CMM), Laser Tracker, Light Scanners, Others), End-User Industry(Aerospace & Defense, Automotive, Construction & Engineering, Industrial Manufacturing, Others) and Region.

By Component
Hardware
Software
By Hardware Type
Coordinate Measuring Machine (CMM)
Laser Tracker
Light Scanners
Others
By EndUser
Aerospace & Defense
Automotive
Construction & Engineering
Industrial Manufacturing
Others
By Country
United states
Canada
Rest of America (Mexico, Brazil among others)
Need A Different Region Or Segment?
Customize Now

Americas 3D Metrology Market Size Summary

The Americas 3D Metrology Market is experiencing significant growth, driven by advancements in technology and the increasing adoption of Industry 4.0 principles. The market is characterized by the development of innovative 3D measurement solutions, including portable CMMs, robot-mounted optical CMM scanners, and cloud-based software applications. These technologies are widely utilized across various sectors, such as consumer and industrial electronics, to ensure the quality of components and products. The integration of in-line inspection systems and the Industrial Internet of Things (IoT) is further propelling the market, enabling real-time data analysis and frequent quality testing. Despite the challenges posed by the COVID-19 pandemic, which has affected demand in sectors like energy, power, and aerospace, the market continues to expand due to the ongoing digital transformation and the need for precise measurement and quality control.

The United States leads the region's 3D metrology market, supported by a strong presence of automotive, pharmaceutical, and aerospace manufacturers. The market benefits from a wide range of metrology products used for various applications, including quality control, inspection, and reverse engineering. The growth is also fueled by increased industrialization and the robust automotive industry in the region. Major players such as Hexagon AB, Faro Technologies, and Zeiss dominate the market, focusing on expanding their global presence and enhancing their product offerings through strategic acquisitions and collaborations. These developments are expected to create substantial business opportunities in the metrology services market, as industries continue to invest in advanced measurement technologies to optimize production processes and ensure product quality.

Explore More

Americas 3D Metrology Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness-Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power of Suppliers

      2. 1.2.2 Bargaining Power of Buyers/Consumers

      3. 1.2.3 Threat of New Entrants

      4. 1.2.4 Threat of Substitute Products

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Technology Insights

    4. 1.4 Impact of COVID-19 on the payments market in the country

  2. 2. Market Segmentation

    1. 2.1 By Component

      1. 2.1.1 Hardware

      2. 2.1.2 Software

    2. 2.2 By Hardware Type

      1. 2.2.1 Coordinate Measuring Machine (CMM)

      2. 2.2.2 Laser Tracker

      3. 2.2.3 Light Scanners

      4. 2.2.4 Others

    3. 2.3 By EndUser

      1. 2.3.1 Aerospace & Defense

      2. 2.3.2 Automotive

      3. 2.3.3 Construction & Engineering

      4. 2.3.4 Industrial Manufacturing

      5. 2.3.5 Others

    4. 2.4 By Country

      1. 2.4.1 United states

      2. 2.4.2 Canada

      3. 2.4.3 Rest of America (Mexico, Brazil among others)

Americas 3D Metrology Market Size FAQs

The Americas 3D Metrology Market is projected to register a CAGR of 8.40% during the forecast period (2024-2029)

FARO Technologies, Inc..​, Hexagon AB, Zeiss (GOM), Northern Digital Inc and Novacam Technologies, Inc. are the major companies operating in the Americas 3D Metrology Market.

Americas 3D Metrology Report Snapshots

Americas 3D Metrology Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)