Rising Requirement for High Productivity by Electronic Manufacturers to Fuel 3D Metrology Market Growth During Forecast Period

Electronic devices—including smartphones, tablets, laptops, wearables devices, and home appliances—have become essential in daily life. The demand for electronic devices is continuously increasing worldwide. Companies are working on automating their production facilities to cater to this rising demand. As automation follows stringent safety regulations and provides superior energy efficiency and better design, resulting in outstanding production levels in factories, its adoption is increasing worldwide. Moreover, automation helps lower process costs and ensure workers’ safety in adverse environments. Because of these benefits, governments of various countries are taking several initiatives to automate factories. For instance, in July 2021, the government of the UK announced an investment of US$ 59.3 million (GBP 53 million) to drive the development of digital manufacturing technologies. This growing automation in the electronic manufacturing industry is boosting the demand for 3D metrology as the technology has become essential for process control, overall manufacturing excellence, and product quality. 3D metrology has been integrated into smart electronic manufacturing processes because it is necessary to have precise, actionable, and real-time data in order to maximize output and improve overall efficiency. The technology has become an essential component of the entire production lifecycle in smart electronic manufacturing, going beyond quality control and inspection. It offers a complete solution to monitor and enhance processes at every level, from design and prototype to production and post-manufacturing analysis. Thus, the rising demand for high productivity by electronic manufacturers is contributing to the 3D metrology market size.

3D Metrology Market: Industry Overview

The 3D metrology market is segmented on the basis of product, application, and end user. Based on product, the market is segmented into hardware, services, and software. Based on application, the market is segmented into reverse engineering, quality control and inspection, virtual simulation, and others. Based on end user, the market is segmented into energy and power, aerospace and defense, electronics, automotive, heavy machinery, medical, and others. In terms of revenue automotive segment held a major 3D metrology market share in 2023. In terms of geography, the market is segmented into North America, Europe, APAC, the MEA, and SAM.
The North America 3D metrology market is segmented into the US, Canada, and Mexico. The availability of efficient infrastructure in these countries has enabled manufacturing companies to expand in the region. The US possesses modern technology, a high standard of living, well-developed infrastructure, and many other aspects of being a developed nation. In addition, for the growth of the manufacturing industry, the governments of various North American countries are taking various steps. The US legislation encourages manufacturing enterprises to develop, construct, and deliver in North America. The bipartisan CHIPS and Science Act of 2022 was created mainly to oppose China, with the goal of increasing local high-tech research and chip production. By offering resources and incentives to develop manufacturing jobs, improve supply chains, and strengthen American leadership in emerging technologies, the law significantly impacts the manufacturing sector in the US. Thus, the government’s support for the growth of the manufacturing sector is driving the 3D metrology market in the region.
The region has a very strong automotive sector. Also, countries in the region are witnessing a rise in EV production. According to the National Automobile Dealers Association (NADA), fully electric vehicles accounted for approximately 7% of North America’s total car production in December 2022, which increased from 4.7% in December 2021. This rise in the production of EVs is increasing the demand for 3D metrology in the region. All these factors are fueling the growth of the 3D metrology market in North America. Thus, North America is estimated to hold a significant 3D metrology market share.

3D Metrology Market: Competitive Landscape and Key Developments

Hexagon AB, Nikon Metrology NV, Creaform Inc, FARO Technologies Inc, Artec Europe, Intertek Group Plc, Mitutoyo Corporation, KEYENCE CORP, Shining3D, and ZEISS are among the key players profiled in the 3D metrology market report. Several other essential market players were analyzed for a holistic view of the market and its ecosystem.
The 3D metrology market report provides detailed market insights, which help the key players strategize their market growth. A few recent developments by the key players, as per company press releases, are mentioned below.

• In November 2023, SHINING 3D introduced the FreeScan Trio, the latest addition to its range of 3D scanning solutions. The scanner was introduced at Formnext 2023.
• In February 2024, with the release of the new Zeiss Inspect 3D metrology software, Zeiss offered numerous new functions to its Industrial Quality Solutions customers. Zeiss Inspect Optical 3D is the solution for the inspection and evaluation of 3D measurement data. With this release, data acquisition is accelerated, and evaluation functions are further improved. The new Autosurfacing app also automatically converts scan data into a high-precision CAD model.