This research analyzes the global trends in the 3D metrology scanners market. The market is witnessing steady growth, with end users focused on enhancing productivity and reducing operational expenditure. Manufacturers are constantly looking to improve the quality of products being produced and reduce wastage as digitalization of industries witness gradual growth. Furthermore, companies have also started to leverage on technologies such as artificial intelligence, augmented reality, cloud computing and data analytics. Trends such as Industry 4.0 and process automation are expected to drive the demand for 3D metrology scanners across different applications. The market has been segmented by product type, product positioning, and regional and vertical markets. The study covers the market share analysis of top competitors. It also mentions growth opportunities and visionary scenarios that offer future growth opportunities and showcase future trends in this market.
The revenue of the global 3D metrology scanners market is estimated to reach approximately $1401.1 million by 2024. Market participants have been busy with mergers and acquisitions, as competition is intense and companies are looking for opportunities to enhance their share. Ranging from the broad impacts of Industry 4.0 and mass customization, to the demand for in-line and portable optical metrology, the study discusses various trends that are impacting the 3D metrology scanners market and their business impact on enterprises, service providers, and small and the medium businesses.
A separate section on laser radar has also been covered as a part of this research. Annual estimates and forecasts are provided for the period from 2016 to 2024. The laser radar market is segmented by product positioning and regional and vertical markets, and market share analysis has been provided for the same.
Annual estimates and forecasts are provided for the period from 2016 to 2024. The geographical scope of the study includes North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW).
- Europe, a hub for several dimensional metrology vendors, is considered to be at the forefront of the adoption of these solutions, owing to the increasing awareness about the importance of dimensional metrology solutions within the various vertical markets.
- North America is the largest contributor to the 3D metrology scanners market, owing to a large base of automotive and aerospace companies. Additionally, the awareness about dimensional metrology solutions and related benefits among companies is high in these regions.
- APAC is the fastest growing region, with industries adopting dimensional metrology solutions. The market is approached usually through a combination of direct and indirect channels.