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3D Metrology Market Outlook

The 3D metrology market is predicted to increase significantly at an 8.5% CAGR during the forecast period. The market is expected to reach US$ 24.53 billion by 2033. In 2023, the global demand for 3D metrology is likely to surpass US$ 10.85 billion.

Engineers and designers can rapidly collect high-quality data on their products using a 3D measuring scanner, which eliminates the need for human labor. High demand for metrology scanners in the engineering industry shows a favorable growth rate for the global market.

High-end Infrastructure Projects Require Effective 3D Metrology Solutions

The demand for 3D metrology is anticipated to rise as 3D data volumes for modeling and analysis across Architecture, Engineering, and Construction (AEC) organizations increase. AEC companies heavily rely on 3D metrology services to create accurate models quickly and affordably.

To inspect substantial project sites, 3D metrology devices like optical detectors and 3D automated optical inspection (AOI) systems are frequently used in the construction industry. The growth of the 3D metrology sector is supported by the emergence of smart cities, as well as the spike in infrastructure projects and investments.

The development of the services segment in the market for 3D metrology is significantly influenced by the adoption of Industry 4.0. Physical asset digitization and integration into digital ecosystems with multiple value chain actors are key components of Industry 4.0.

Significant improvements in portable metrology technology and software-driven process automation have also contributed to the market's growth. Increased demand for luxury products brought on by rising disposable income in developing economies and those with low GDP is anticipated to drive the need for 3D metrology systems.

Attributes Details
3D Metrology Market CAGR (2023 to 2033) 8.5%
3D Metrology Market Size (2023) US$ 10.85 billion
3D Metrology Market Size (2033) US$ 24.53 billion

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Historical Developments and Future Prospects of the 3D Metrology Industry (2018 to 2022 vs. 2023 to 2033)

The development of 3D metrology technology is growing due to new high-tech measuring tools, including optical digitizers and scanners (ODS) and automated optical inspection sensor technologies. It instantly lessens the need for traditional measurement methods like coordinate measuring machines (CMM).

Particulars Short-term Growth
Market Value 2023: US$ 10.85 billion 2026: US$ 13.86 billion
Growth Factor Several businesses are principally concentrating on the caliber of the products produced through accurate measurement using cutting-edge 3D metrology techniques and tooling.
Particulars Medium-term Growth
Market Value 2027: US$ 15.04 billion 2030: US$ 19.21 billion
Growth Factor Many improvements in engine technology are likely to develop over this time as a result of consumer preferences for safety, strict government requirements, and scientific advancements.
Particulars Long-term Growth
Market Value 2031: US$ 20.84 billion 2033: US$ 24.53 billion
Growth Factor The overall time required for new launches, as well as the price of product development, are both decreased by the 3D metrology method. As a result, long-term costs for important players have decreased.

The industry has expanded significantly over the years, from a valuation of US$ 7.3 billion in 2018 to US$ 10 billion in 2022, owing to all these developments. Market CAGR increased from 8.1% (2018 to 2022) to 8.5% (2023 to 2033).

Heavy Investment: Boon or Bane for the 3D Metrology Sector?

  • The 3D metrology business expansion may be constrained by the ongoing requirement for substantial upfront investments for the deployment of 3D metrology scanners.
  • Assembly line setup requires significant upfront investment from manufacturers, which further inhibits the industry's penetration in some developing areas with weak capital infrastructure.
  • To get over the capital limitations, several industry firms are concentrating on creating unique handheld scanners that are integrated with complementary software.
  • The profitable demand for 3D metrology is being fueled by the worldwide rapid growth of industrial automation. Automated 3D measurements must be improved even further by recent developments in Cabot technology and their early adoption in the automotive industry.
  • Companies that are just starting in business must cope with significant upfront costs and follow environmental standards. So, in order to compete in the market, 3D metrology start-ups must review their tactics.
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Comparative View of the Market

3D Metrology Market:

Attributes 3D Metrology Market
CAGR (2023 to 2033) 8.5%
Market Value (2033) US$ 24.53 billion
Growth Factor Rising use in the engineering industry
Opportunity Contributing to infrastructure operations
Key Trends Industry 4.0 adoption

Integrated 3D Radar Market:

Attributes Integrated 3D Radar Market
CAGR (2023 to 2033) 12.7%
Market Value (2033) US$ 61.14 billion
Growth Factor Shift from conventional to 3D radar
Opportunity Contribution to traffic management
Key Trends Increasing military and private investment

Industrial 3D Printing Market:

Attributes Industrial 3D Printing Market
CAGR (2023 to 2033) 21%
Market Value (2033) US$ 17.7 billion
Growth Factor Growing AI technologies and digitalization
Opportunity An economical method for aerospace OEMs
Key Trends Customization offering by manufacturers

Regional Analysis

Overview of Significant Countries

  • With a CAGR of 11.5% by 2033, China is likely to be a top revenue-producing nation in the Asia Pacific region.
  • The United States is expected to develop at 6.2% CAGR by 2033-leading the North America region.
  • France is likely to dominate the European 3D metrology market. Whereas, Germany is expected to advance significantly, with a CAGR of 7.1% by 2033. The United Kingdom is coping with the technology and is likely to have a 6.7% CAGR by 2033.
  • The market in India is predicted to grow as a result of government initiatives like the ‘Make in India’ Campaign.

What are the Ground-breaking Methods Raising the United States 3D Metrology Demand?

By 2033, it is anticipated that the United States 3D metrology sector is likely to have a valuation of US$ 10 billion. With a significant presence in the automotive and aerospace industries, the United States is one of the key manufacturing hubs in the globe.

Growing adoption of smart manufacturing trends and the presence of key suppliers of aerospace equipment like Boeing Co., General Dynamics Corp., Lockheed Martin Corp., and Raytheon Technologies Inc. promote the growth of the sector.

With significant public and commercial investments in additive manufacturing for the improvement of the aviation sector, the demand for 3D metrology is further anticipated to expand.

Why is China Dominating the 3D Metrology Industry?

China is the global leader in the production of industrial goods, such as steel, chemicals, iron, transportation, consumer goods, food processing, and equipment. In order to inspect power generation components, industrial and power generation applications like forging inspection, raw casting, die, and mold design, 3D metrology is used.

It has significant growth within the projection period, according to FMI. China has the most sophisticated manufacturing facility in the world and is quickly integrating cutting-edge technology. Such as reverse engineering and virtual simulation into its routine manufacturing process, which accelerates the country's adoption of new products.

To expand the market, some top essential companies are implementing a variety of business methods, including partnerships, acquisitions, and business expansion. Moreover, China is a key location for producing CMM machine sensors globally, which also fuels market expansion.

How is Europe Performing in the 3D Metrology Business?

Due to the country's significant penetration of the automotive and aerospace industries, France topped the market in Europe in 2022 and is predicted to expand over the projection period. Germany is also anticipated to see a high CAGR throughout the projection period as a result of the presence of sizable manufacturing facilities there.

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Category Analysis

Which is the Leading Component of the 3D Metrology Industry?

In 2022, the market was dominated by the hardware component, with a share of more than 50%. Medical, aerospace, automotive, and construction are just a few of the industries that are embracing hardware equipment in a big way.

To maintain product quality and high efficiency throughout the production process, top manufacturers are concentrating on research and development expenditures in cutting-edge 3D metrology hardware solutions.

To assure higher quality inspection, several hardware items are being quickly employed in manufacturing plants. Including structured-light scanners, vision systems, CMMs, and laser trackers.

Coordinate measuring machines (CMM) and 3D Automated Optical Inspection (AOI) systems make up the hardware sector. The market size for CMM hardware components is anticipated to grow at a rate of over 10% between 2023 and 2033. Owing to the expanding demand from auto and aerospace manufacturers for sophisticated quality control methods.

Which Application has Great Potential in the Market?

Due to the desire for more exact final products, quality control, and inspection services are increasingly in demand in the manufacturing and automotive industries. Any object or task that a physical instrument cannot adequately reach is easily compatible with 3D metrology.

Items like coordinate measuring machines are frequently used in the automotive, aerospace, and defense industries for quality control and inspection. The segment with the significant CAGR in the anticipated year is, however, the virtual simulation segment. The use of virtual simulation technology may be boosted by the growing use of wireless connection devices.

Which End Use Segment is Popular in the Market?

By 2033, the automotive end-use segment's 3D metrology market is expected to be worth more than US$ 5 billion. The global demand for high-end, fuel-efficient vehicles is growing, which accelerates the implementation of 3D metrology technology.

Due to strict pollution regulations and the increased emphasis on carbon footprint reduction, electric mobility, and autonomous or driverless vehicles have significantly gained ground in recent years.

The creation of ground-breaking, IoT-enabled, end-to-end 3D object detection systems that are compatible with sensor technologies like LiDAR and RGB cameras installed in autonomous cars. Therefore, it presents significant commercial opportunities for those involved in the 3D metrology sector.

Key Players Market Share Proliferates from the Successful Projects

One of the important techniques used by businesses to keep a firm presence in the market is to concentrate on effective product launches. In the 3D metrology sector, there are several different regional and local businesses.

3D metrology market players engage in strong competition over factors such as performance, quality, pricing, innovation, and distribution strategies. Businesses are also investing in research and development projects to produce new products and expand their product lines in order to suit the shifting wants of consumers.

Partnerships, collaborations, mergers, and acquisitions are commonly used by businesses to increase their global footprint and solidify their market positions.

Recent Developments

  • Under the name Zeiss eMobility Solutions, Zeiss International introduced metrology and inspection solutions in May 2019. It was introduced for a variety of complex measurements and quality inspection of components such as batteries, power electronics, electric motors, and powertrains.
  • May 2021 saw the acquisition of Capture 3D by ZEISS International, the United States partner of GOM 3D non-contact measuring technologies.
    • Customers of ZEISS International benefit from a seamlessly integrated experience. To receive the best measuring solutions for their particular requirements as a result of this purchase worldwide.
    • Also, ZEISS International increased its commercial base in the United States with the adoption of this strategic approach.
  • FARO Technologies, Inc. purchased HoloBuilder, Inc. in June 2021. The technological platform from HoloBuilder offers general contractors a way to effectively record and digitally supervise the development of construction projects utilizing 360° cameras that are readily available. By applying this technology, FARO Technologies can improve the quality of its products.
  • FARO Technologies, in April 2022 marks the launch of the new end-to-end 3D digital reality capture & collaboration platform. Modern tools like cloud computing and artificial intelligence are used by this platform to evaluate and store measurement data.

Key Players

  • Zeiss International
  • FARO Technologies, Inc
  • Hexagon AB
  • Intertek Group Plc
  • Nikon Corporation
  • KLA Corporation
  • Keyence Corporation
  • Perceptron, Inc.
  • Renishaw Plc
  • Applied Materials

Key Segments

3D Metrology by Component:

  • Hardware
  • Software
  • Services

3D Metrology by Application:

  • Quality Control & Inspection
  • Virtual Simulation
  • Reverse Engineering
  • 3D Scanning

3D Metrology by End Use:

  • A&D
  • Automotive
  • Construction & Engineering
  • Medical
  • Heavy Machinery

3D Metrology by Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

Frequently Asked Questions

What is the 3D Metrology market CAGR for 2033?

The 3d metrology market CAGR for 2033 is 8.5%.

How Big is the 3D Metrology Market?

The market is valued at US$ 10.85 billion in 2023.

What is the projected market value of the global 3D Metrology market for 2033?

The projected market value of the market for 2033 is US$ 24.53 billion.

How Key Players are Developing the 3D Metrology Market?

Key players are developing the market by introducing new and innovative solutions.

Who are the Key 3D Metrology Market Players?

Hexagon AB, FARO Technologies, and Carl Zeiss AG are key market players.

Table of Content

1. Executive Summary | 3D Metrology Market 

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

    3.7. Regional Parent Market Outlook

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) Analysis By Component, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Component, 2023 to 2033

        5.3.1. Hardware

        5.3.2. Software

        5.3.3. Services

    5.4. Y-o-Y Growth Trend Analysis By Component, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Component, 2023 to 2033

6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2023 to 2033

        6.3.1. Quality Control & Inspection

        6.3.2. Reverse Engineering

        6.3.3. Virtual Simulation

        6.3.4. 3D Scanning

    6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) Analysis By End User, 2018 to 2022

    7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End User, 2023 to 2033

        7.3.1. Electronics

        7.3.2. Architecture & Construction

        7.3.3. Aerospace & Defence

        7.3.4. Industrial

        7.3.5. Automotive

        7.3.6. Others

    7.4. Y-o-Y Growth Trend Analysis By End User, 2018 to 2022

    7.5. Absolute $ Opportunity Analysis By End User, 2023 to 2033

8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022

    8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Europe

        8.3.4. South Asia

        8.3.5. East Asia

        8.3.6. Oceania

        8.3.7. MEA

    8.4. Market Attractiveness Analysis By Region

9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        9.2.1. By Country

            9.2.1.1. The USA

            9.2.1.2. Canada

        9.2.2. By Component

        9.2.3. By Application

        9.2.4. By End User

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Component

        9.3.3. By Application

        9.3.4. By End User

    9.4. Key Takeaways

10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        10.2.1. By Country

            10.2.1.1. Brazil

            10.2.1.2. Mexico

            10.2.1.3. Rest of Latin America

        10.2.2. By Component

        10.2.3. By Application

        10.2.4. By End User

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Component

        10.3.3. By Application

        10.3.4. By End User

    10.4. Key Takeaways

11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        11.2.1. By Country

            11.2.1.1. Germany

            11.2.1.2. United Kingdom

            11.2.1.3. France

            11.2.1.4. Spain

            11.2.1.5. Italy

            11.2.1.6. Rest of Europe

        11.2.2. By Component

        11.2.3. By Application

        11.2.4. By End User

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Component

        11.3.3. By Application

        11.3.4. By End User

    11.4. Key Takeaways

12. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        12.2.1. By Country

            12.2.1.1. India

            12.2.1.2. Malaysia

            12.2.1.3. Singapore

            12.2.1.4. Thailand

            12.2.1.5. Rest of South Asia

        12.2.2. By Component

        12.2.3. By Application

        12.2.4. By End User

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Component

        12.3.3. By Application

        12.3.4. By End User

    12.4. Key Takeaways

13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        13.2.1. By Country

            13.2.1.1. China

            13.2.1.2. Japan

            13.2.1.3. South Korea

        13.2.2. By Component

        13.2.3. By Application

        13.2.4. By End User

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Component

        13.3.3. By Application

        13.3.4. By End User

    13.4. Key Takeaways

14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        14.2.1. By Country

            14.2.1.1. Australia

            14.2.1.2. New Zealand

        14.2.2. By Component

        14.2.3. By Application

        14.2.4. By End User

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Component

        14.3.3. By Application

        14.3.4. By End User

    14.4. Key Takeaways

15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        15.2.1. By Country

            15.2.1.1. GCC Countries

            15.2.1.2. South Africa

            15.2.1.3. Israel

            15.2.1.4. Rest of MEA

        15.2.2. By Component

        15.2.3. By Application

        15.2.4. By End User

    15.3. Market Attractiveness Analysis

        15.3.1. By Country

        15.3.2. By Component

        15.3.3. By Application

        15.3.4. By End User

    15.4. Key Takeaways

16. Key Countries Market Analysis

    16.1. USA

        16.1.1. Pricing Analysis

        16.1.2. Market Share Analysis, 2022

            16.1.2.1. By Component

            16.1.2.2. By Application

            16.1.2.3. By End User

    16.2. Canada

        16.2.1. Pricing Analysis

        16.2.2. Market Share Analysis, 2022

            16.2.2.1. By Component

            16.2.2.2. By Application

            16.2.2.3. By End User

    16.3. Brazil

        16.3.1. Pricing Analysis

        16.3.2. Market Share Analysis, 2022

            16.3.2.1. By Component

            16.3.2.2. By Application

            16.3.2.3. By End User

    16.4. Mexico

        16.4.1. Pricing Analysis

        16.4.2. Market Share Analysis, 2022

            16.4.2.1. By Component

            16.4.2.2. By Application

            16.4.2.3. By End User

    16.5. Germany

        16.5.1. Pricing Analysis

        16.5.2. Market Share Analysis, 2022

            16.5.2.1. By Component

            16.5.2.2. By Application

            16.5.2.3. By End User

    16.6. United Kingdom

        16.6.1. Pricing Analysis

        16.6.2. Market Share Analysis, 2022

            16.6.2.1. By Component

            16.6.2.2. By Application

            16.6.2.3. By End User

    16.7. France

        16.7.1. Pricing Analysis

        16.7.2. Market Share Analysis, 2022

            16.7.2.1. By Component

            16.7.2.2. By Application

            16.7.2.3. By End User

    16.8. Spain

        16.8.1. Pricing Analysis

        16.8.2. Market Share Analysis, 2022

            16.8.2.1. By Component

            16.8.2.2. By Application

            16.8.2.3. By End User

    16.9. Italy

        16.9.1. Pricing Analysis

        16.9.2. Market Share Analysis, 2022

            16.9.2.1. By Component

            16.9.2.2. By Application

            16.9.2.3. By End User

    16.10. India

        16.10.1. Pricing Analysis

        16.10.2. Market Share Analysis, 2022

            16.10.2.1. By Component

            16.10.2.2. By Application

            16.10.2.3. By End User

    16.11. Malaysia

        16.11.1. Pricing Analysis

        16.11.2. Market Share Analysis, 2022

            16.11.2.1. By Component

            16.11.2.2. By Application

            16.11.2.3. By End User

    16.12. Singapore

        16.12.1. Pricing Analysis

        16.12.2. Market Share Analysis, 2022

            16.12.2.1. By Component

            16.12.2.2. By Application

            16.12.2.3. By End User

    16.13. Thailand

        16.13.1. Pricing Analysis

        16.13.2. Market Share Analysis, 2022

            16.13.2.1. By Component

            16.13.2.2. By Application

            16.13.2.3. By End User

    16.14. China

        16.14.1. Pricing Analysis

        16.14.2. Market Share Analysis, 2022

            16.14.2.1. By Component

            16.14.2.2. By Application

            16.14.2.3. By End User

    16.15. Japan

        16.15.1. Pricing Analysis

        16.15.2. Market Share Analysis, 2022

            16.15.2.1. By Component

            16.15.2.2. By Application

            16.15.2.3. By End User

    16.16. South Korea

        16.16.1. Pricing Analysis

        16.16.2. Market Share Analysis, 2022

            16.16.2.1. By Component

            16.16.2.2. By Application

            16.16.2.3. By End User

    16.17. Australia

        16.17.1. Pricing Analysis

        16.17.2. Market Share Analysis, 2022

            16.17.2.1. By Component

            16.17.2.2. By Application

            16.17.2.3. By End User

    16.18. New Zealand

        16.18.1. Pricing Analysis

        16.18.2. Market Share Analysis, 2022

            16.18.2.1. By Component

            16.18.2.2. By Application

            16.18.2.3. By End User

    16.19. GCC Countries

        16.19.1. Pricing Analysis

        16.19.2. Market Share Analysis, 2022

            16.19.2.1. By Component

            16.19.2.2. By Application

            16.19.2.3. By End User

    16.20. South Africa

        16.20.1. Pricing Analysis

        16.20.2. Market Share Analysis, 2022

            16.20.2.1. By Component

            16.20.2.2. By Application

            16.20.2.3. By End User

    16.21. Israel

        16.21.1. Pricing Analysis

        16.21.2. Market Share Analysis, 2022

            16.21.2.1. By Component

            16.21.2.2. By Application

            16.21.2.3. By End User

17. Market Structure Analysis

    17.1. Competition Dashboard

    17.2. Competition Benchmarking

    17.3. Market Share Analysis of Top Players

        17.3.1. By Regional

        17.3.2. By Component

        17.3.3. By Application

        17.3.4. By End User

18. Competition Analysis

    18.1. Competition Deep Dive

        18.1.1. Applied Materials, Inc.

            18.1.1.1. Overview

            18.1.1.2. Product Portfolio

            18.1.1.3. Profitability by Market Segments

            18.1.1.4. Sales Footprint

            18.1.1.5. Strategy Overview

                18.1.1.5.1. Marketing Strategy

        18.1.2. Automated Precision, Inc.

            18.1.2.1. Overview

            18.1.2.2. Product Portfolio

            18.1.2.3. Profitability by Market Segments

            18.1.2.4. Sales Footprint

            18.1.2.5. Strategy Overview

                18.1.2.5.1. Marketing Strategy

        18.1.3. Baker Hughes Company

            18.1.3.1. Overview

            18.1.3.2. Product Portfolio

            18.1.3.3. Profitability by Market Segments

            18.1.3.4. Sales Footprint

            18.1.3.5. Strategy Overview

                18.1.3.5.1. Marketing Strategy

        18.1.4. Bruker

            18.1.4.1. Overview

            18.1.4.2. Product Portfolio

            18.1.4.3. Profitability by Market Segments

            18.1.4.4. Sales Footprint

            18.1.4.5. Strategy Overview

                18.1.4.5.1. Marketing Strategy

        18.1.5. Carmar Accuracy Co. Ltd.

            18.1.5.1. Overview

            18.1.5.2. Product Portfolio

            18.1.5.3. Profitability by Market Segments

            18.1.5.4. Sales Footprint

            18.1.5.5. Strategy Overview

                18.1.5.5.1. Marketing Strategy

        18.1.6. CyberOptics

            18.1.6.1. Overview

            18.1.6.2. Product Portfolio

            18.1.6.3. Profitability by Market Segments

            18.1.6.4. Sales Footprint

            18.1.6.5. Strategy Overview

                18.1.6.5.1. Marketing Strategy

        18.1.7. FARO Technologies, Inc.

            18.1.7.1. Overview

            18.1.7.2. Product Portfolio

            18.1.7.3. Profitability by Market Segments

            18.1.7.4. Sales Footprint

            18.1.7.5. Strategy Overview

                18.1.7.5.1. Marketing Strategy

        18.1.8. GOM Metrology

            18.1.8.1. Overview

            18.1.8.2. Product Portfolio

            18.1.8.3. Profitability by Market Segments

            18.1.8.4. Sales Footprint

            18.1.8.5. Strategy Overview

                18.1.8.5.1. Marketing Strategy

        18.1.9. Keyence Corporation

            18.1.9.1. Overview

            18.1.9.2. Product Portfolio

            18.1.9.3. Profitability by Market Segments

            18.1.9.4. Sales Footprint

            18.1.9.5. Strategy Overview

                18.1.9.5.1. Marketing Strategy

        18.1.10. Novacam Technologies, Inc.

            18.1.10.1. Overview

            18.1.10.2. Product Portfolio

            18.1.10.3. Profitability by Market Segments

            18.1.10.4. Sales Footprint

            18.1.10.5. Strategy Overview

                18.1.10.5.1. Marketing Strategy

19. Assumptions & Acronyms Used

20. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 4: Global Market Value (US$ Million) Forecast by End User, 2018 to 2033

Table 5: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 6: North America Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 7: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 8: North America Market Value (US$ Million) Forecast by End User, 2018 to 2033

Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 10: Latin America Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 11: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 12: Latin America Market Value (US$ Million) Forecast by End User, 2018 to 2033

Table 13: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 14: Europe Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 15: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 16: Europe Market Value (US$ Million) Forecast by End User, 2018 to 2033

Table 17: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 18: South Asia Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 19: South Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 20: South Asia Market Value (US$ Million) Forecast by End User, 2018 to 2033

Table 21: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 22: East Asia Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 23: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 24: East Asia Market Value (US$ Million) Forecast by End User, 2018 to 2033

Table 25: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: Oceania Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 27: Oceania Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 28: Oceania Market Value (US$ Million) Forecast by End User, 2018 to 2033

Table 29: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 30: MEA Market Value (US$ Million) Forecast by Component, 2018 to 2033

Table 31: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 32: MEA Market Value (US$ Million) Forecast by End User, 2018 to 2033

List of Charts

Figure 1: Global Market Value (US$ Million) by Component, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Application, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by End User, 2023 to 2033

Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Global Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 9: Global Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 10: Global Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 11: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 12: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 13: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 14: Global Market Value (US$ Million) Analysis by End User, 2018 to 2033

Figure 15: Global Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 16: Global Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 17: Global Market Attractiveness by Component, 2023 to 2033

Figure 18: Global Market Attractiveness by Application, 2023 to 2033

Figure 19: Global Market Attractiveness by End User, 2023 to 2033

Figure 20: Global Market Attractiveness by Region, 2023 to 2033

Figure 21: North America Market Value (US$ Million) by Component, 2023 to 2033

Figure 22: North America Market Value (US$ Million) by Application, 2023 to 2033

Figure 23: North America Market Value (US$ Million) by End User, 2023 to 2033

Figure 24: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 25: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 28: North America Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 29: North America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 30: North America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 31: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 32: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 33: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 34: North America Market Value (US$ Million) Analysis by End User, 2018 to 2033

Figure 35: North America Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 36: North America Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 37: North America Market Attractiveness by Component, 2023 to 2033

Figure 38: North America Market Attractiveness by Application, 2023 to 2033

Figure 39: North America Market Attractiveness by End User, 2023 to 2033

Figure 40: North America Market Attractiveness by Country, 2023 to 2033

Figure 41: Latin America Market Value (US$ Million) by Component, 2023 to 2033

Figure 42: Latin America Market Value (US$ Million) by Application, 2023 to 2033

Figure 43: Latin America Market Value (US$ Million) by End User, 2023 to 2033

Figure 44: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 48: Latin America Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 49: Latin America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 51: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 52: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 54: Latin America Market Value (US$ Million) Analysis by End User, 2018 to 2033

Figure 55: Latin America Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 57: Latin America Market Attractiveness by Component, 2023 to 2033

Figure 58: Latin America Market Attractiveness by Application, 2023 to 2033

Figure 59: Latin America Market Attractiveness by End User, 2023 to 2033

Figure 60: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 61: Europe Market Value (US$ Million) by Component, 2023 to 2033

Figure 62: Europe Market Value (US$ Million) by Application, 2023 to 2033

Figure 63: Europe Market Value (US$ Million) by End User, 2023 to 2033

Figure 64: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 65: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 66: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 67: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 68: Europe Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 69: Europe Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 70: Europe Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 71: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 72: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 73: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 74: Europe Market Value (US$ Million) Analysis by End User, 2018 to 2033

Figure 75: Europe Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 76: Europe Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 77: Europe Market Attractiveness by Component, 2023 to 2033

Figure 78: Europe Market Attractiveness by Application, 2023 to 2033

Figure 79: Europe Market Attractiveness by End User, 2023 to 2033

Figure 80: Europe Market Attractiveness by Country, 2023 to 2033

Figure 81: South Asia Market Value (US$ Million) by Component, 2023 to 2033

Figure 82: South Asia Market Value (US$ Million) by Application, 2023 to 2033

Figure 83: South Asia Market Value (US$ Million) by End User, 2023 to 2033

Figure 84: South Asia Market Value (US$ Million) by Country, 2023 to 2033

Figure 85: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 86: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 87: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 88: South Asia Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 89: South Asia Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 90: South Asia Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 91: South Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 92: South Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 93: South Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 94: South Asia Market Value (US$ Million) Analysis by End User, 2018 to 2033

Figure 95: South Asia Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 96: South Asia Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 97: South Asia Market Attractiveness by Component, 2023 to 2033

Figure 98: South Asia Market Attractiveness by Application, 2023 to 2033

Figure 99: South Asia Market Attractiveness by End User, 2023 to 2033

Figure 100: South Asia Market Attractiveness by Country, 2023 to 2033

Figure 101: East Asia Market Value (US$ Million) by Component, 2023 to 2033

Figure 102: East Asia Market Value (US$ Million) by Application, 2023 to 2033

Figure 103: East Asia Market Value (US$ Million) by End User, 2023 to 2033

Figure 104: East Asia Market Value (US$ Million) by Country, 2023 to 2033

Figure 105: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 106: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 107: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 108: East Asia Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 109: East Asia Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 110: East Asia Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 111: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 112: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 113: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 114: East Asia Market Value (US$ Million) Analysis by End User, 2018 to 2033

Figure 115: East Asia Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 116: East Asia Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 117: East Asia Market Attractiveness by Component, 2023 to 2033

Figure 118: East Asia Market Attractiveness by Application, 2023 to 2033

Figure 119: East Asia Market Attractiveness by End User, 2023 to 2033

Figure 120: East Asia Market Attractiveness by Country, 2023 to 2033

Figure 121: Oceania Market Value (US$ Million) by Component, 2023 to 2033

Figure 122: Oceania Market Value (US$ Million) by Application, 2023 to 2033

Figure 123: Oceania Market Value (US$ Million) by End User, 2023 to 2033

Figure 124: Oceania Market Value (US$ Million) by Country, 2023 to 2033

Figure 125: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 126: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 127: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 128: Oceania Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 129: Oceania Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 130: Oceania Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 131: Oceania Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 132: Oceania Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 133: Oceania Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 134: Oceania Market Value (US$ Million) Analysis by End User, 2018 to 2033

Figure 135: Oceania Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 136: Oceania Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 137: Oceania Market Attractiveness by Component, 2023 to 2033

Figure 138: Oceania Market Attractiveness by Application, 2023 to 2033

Figure 139: Oceania Market Attractiveness by End User, 2023 to 2033

Figure 140: Oceania Market Attractiveness by Country, 2023 to 2033

Figure 141: MEA Market Value (US$ Million) by Component, 2023 to 2033

Figure 142: MEA Market Value (US$ Million) by Application, 2023 to 2033

Figure 143: MEA Market Value (US$ Million) by End User, 2023 to 2033

Figure 144: MEA Market Value (US$ Million) by Country, 2023 to 2033

Figure 145: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 146: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 147: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 148: MEA Market Value (US$ Million) Analysis by Component, 2018 to 2033

Figure 149: MEA Market Value Share (%) and BPS Analysis by Component, 2023 to 2033

Figure 150: MEA Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033

Figure 151: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 152: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 153: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 154: MEA Market Value (US$ Million) Analysis by End User, 2018 to 2033

Figure 155: MEA Market Value Share (%) and BPS Analysis by End User, 2023 to 2033

Figure 156: MEA Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033

Figure 157: MEA Market Attractiveness by Component, 2023 to 2033

Figure 158: MEA Market Attractiveness by Application, 2023 to 2033

Figure 159: MEA Market Attractiveness by End User, 2023 to 2033

Figure 160: MEA Market Attractiveness by Country, 2023 to 2033

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