The global 3D metrology market is estimated to be worth USD 7.3 billion in 2031 and is predicted to grow at an 8.8% CAGR from 2022 to 2031. The growth of the 3D metrology market can be attributed to the increasing demand for 3D metrology services from the automotive and aerospace industries. The 3D metrology market is witnessing a shift from offline to online metrology services.

Browse ThinkWise Intelligence's exclusive report, spread through 186 Pages on "GLOBAL 3D METROLOGY MARKET, BY COMPONENT (HARDWARE, SOFTWARE, SERVICES), BY END-USE (AEROSPACE, AUTOMOTIVE, CONSTRUCTION, HEALTHCARE, MANUFACTURING, OTHERS) - COMPETITIVE LANDSCAPE & GROWTH POTENTIAL ANALYSIS, 2021 – 2031"

The hardware segment is projected to dominate throughout the forecast period

The hardware segment is expected to hold the lion's share during the forecast period. The factors which drive the growth of the 3D metrology market include the increasing demand for 3D printing and the growing demand for quality control in manufacturing.

The automotive segment will have huge prospects during the projected timeline

The increasing demand for lightweight vehicles and the need for advanced quality control and inspection are the crucial reasons enhancing the growth of the 3D metrology market for the automotive industry. The increasing adoption of 3D printing technology in the automotive industry contributes to the growth of the global 3D metrology market.

The Asia-Pacific region is projected to witness a significant demand till 2031

The Asia-Pacific 3D metrology market for the automotive industry is estimated to grow at a CAGR of 8.5% during the forecast period. The growth of the Asia-Pacific market can be attributed to the increasing demand for 3D metrology systems from the automotive industry owing to the increasing adoption of advanced manufacturing technologies.

Key players in the 3D metrology market include Hexagon AB, Faro Technologies, Nikon Metrology NV, and Zeiss Industrial Metrology LLC. Hexagon AB is a leading player in the 3D metrology market, with over 25%.