3D Metrology Market Projected to Reach $19.37 Billion by 2029 Amidst Surge in Industry 4.0 and Smart Manufacturing Trends
21 Jan, 2025
What Has Been the Historic and Current Growth Pattern of the 3D Metrology Market?
The 3D Metrology Market has experienced robust growth in recent years.
• The market size grew from $12.82 billion in 2024 to $13.86 billion in 2025, registering a compound annual growth rate (CAGR) of 8.1%.
This growth during the historic period has been primarily fueled by quality control and inspection needs, the rise of aerospace and automotive industries, mass production and customization trends, advancements in semiconductor and electronics manufacturing, along with environmental and sustainability considerations.
What is the Future Growth Projection for the 3D Metrology Market?
The 3D metrology market is forecasted to see impressive growth in the coming years.
• It is projected to reach $19.37 billion by the year 2029, with a CAGR of 8.7%.
The anticipated growth can be attributed to trends like Industry 4.0 and smart manufacturing, increasing utilization in construction and architecture, expanding research and development efforts, surging applications in medical and healthcare, and rising geospatial and mapping applications. Major anticipated trends for the forecast period include adoption of automated 3D metrology systems, portable and handheld devices, artificial intelligence (AI), machine learning, integration of AR and VR technologies, and multi-sensor systems.
What Are the Main Factors Driving the 3D Metrology Market Forward?
The escalating adoption of Industry 4.0 is significantly driving growth in the 3D metrology market. Industry 4.0, also referred to as the fourth industrial revolution, emphasizes interconnectivity, machine learning, and real-time data. Across the globe, industries are investing in innovative technologies, including advanced 3D metrology systems to optimize manufacturing efficiency and bolster real-time data access. Based on a study by the National Association of Software and Services Companies in partnership with Capgemini in 2022, there is a 10-fold growth in Industry 4.0 investments between 2010 and 2020, expected to hit $200 billion by 2025. The exponential adoption of Industry 4.0 is projected to propel the 3D metrology market forward.
How Is The 3D Metrology Market Segmented?
The 3D metrology market report covers segmentation by –
1) By Product: Coordinate Measuring Machine (CMM), Optical Digitizer and Scanner (ODS), Automated Optical Inspection, Video Measuring Machine (VMM), Other Products
2) By Application: Quality Control & Inspection, Reverse Engineering, Virtual Simulation, Other Applications
3) By End User: Aerospace & Defense, Automotive, Heavy Machinery Industry, Electronics, Architecture & Construction, Mining, Other End Users
What New Trends Are Paving The Future Of The 3D Metrology Market?
Technological advancement is a prime trend gaining traction in the 3D metrology market. Major companies in the sector are concentrating on the development of innovative technologies that provide faster and more efficient 3D measurement solutions. For instance, Shining 3D, a provider of technologies for 3D digitization and 3D inspection, expanded its FreeScan UE series of blue laser Metrology 3D scanners. This scanner combines laser power and photogrammetry, delivering a highly productive solution for large-scale 3D inspection and reverse engineering.
Who Are The Key Players In The 3D Metrology Market?
Key players shaping the 3D metrology market include:
• FARO Technologies Inc.
• Hexagon AB
• Nikon Corporation
• Carl Zeiss AG
• Keyence Corporation
• NIKON CORPORATION
• Northern Digital Inc
• Novacam Technologies Inc.
What geographies are leading the way in the 3D Metrology Market?
In 2024, North America was the largest region in the 3D metrology market. Asia-Pacific, however, is anticipated to be the fastest-growing region during the forecast period. The regions evaluated in the 3D metrology market report span across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.