The Global "3D Metrology Systems Market" is expected to grow at a high CAGR during the forecasting period (2022-2029).
3D Metrology System is an advanced technology that is used to offer precise and accurate 3D measurement data. It is used for measuring many parameters such as length, distance, and height in a 3D measurement. 3D Metrology system functions as a reverse engineer in order to perform a detailed analysis of any damaged equipment. This technology has applications in a wide range of industries such as aerospace, oil and gas, automotive, casting and forging, chemical and power generation, and many more.
Increasing research and development of 3d metrology is of utmost importance to the manufacturers and companies involved, as product differentiation and enhancement of product properties play an essential role in business strategies of significant companies.
The focus on product research and development technologies coupled with the employment of innovative services and technical expertise have positively influenced the market scenario, with industry experts actively recognizing and pursuing the consumer purchase pattern.
The implementation of new technology is the first area of target for the companies, also software development is a key to improving the performance of the 3d metrology systems.
The companies also recognize the advantages of research and innovations as means to increase market share through expanded product portfolio and extended consumer base, thereby focusing on innovative products.
For instance, In September 2017, Rudolph Technologies has announced new Truebump Technology on the Dragonfly Inspection System. The company’s Truebump Technology provides fast, accurate, and repeatable three-dimensional (3D) metrology for all advanced packaging bumping applications, from copper (Cu) pillar, to micro bumps, and even large C4 bumps. With the Dragonfly system, the advanced packaging industry now has premier high-volume 2D inspection and 3D bump metrology on a single platform.
In February 2017, KLA-Tencor Corporation introduced four innovative metrology systems that enable development and high-volume manufacturing of sub-10nm integrated circuit (IC) devices: the Archer 600 overlay metrology system, the WaferSight PWG2 patterned wafer geometry measurement system, the SpectraShape 10K optical critical dimension (CD) metrology system and the SensArray HighTemp 4mm in-situ temperature measurement system. These four new systems expand the capability of KLA-Tencor's unique 5D Patterning Control Solution to support advanced patterning techniques, such as self-aligned quadruple patterning (SAQP) and extreme ultraviolet (EUV) lithography.
The companies are also focused on the formation of strategic partnerships and collaborations as it provides advanced measurement and inspection technology for automotive camshafts and crankshafts, in an attempt to increase company revenue and sales volume on a global scale.
In February 2017, Zygo Corporation partnered with Adcole Corporation, Marlboro, MA, to provide advanced measurement and inspection technology for automotive camshafts and crankshafts. The latest Adcole system – the Model 1000 Z – incorporates ZYGO's optical sensor technology for precise and quantitative 3D metrology of precision machined surfaces, without contact at high speed, for optimal process control.
However, the lack of expertise to efficiently handle 3D metrology systems is expected to hinder the market growth in the forecast period.
Based on the application, the global 3D metrology systems market is broadly segmented as automotive, aerospace, medical, 3D printing, and others. Among all of the applications, the automotive industry dominates the market in terms of increasing productivity, quality, and lowering the costs of the products.
Currently, the most advanced automotive OEMs are working on automating inspection and integrating metrology data with product lifecycle management systems, statistical process control, and supply chain management software. This actionable information helps new ways to reduce ramp-up times, minimize part rejection, and improve the performance of cars, vans, trucks, and other vehicles.
For instance, Hexagon Metrology has played a vital role in developments within automotive manufacturing to date, and the business remains one of the foremost forces driving innovation in the industry. The company invests in research and development that yielded new technologies. Further, the company’s 360° SIMS - Through the line and beyond one of the most recent industrial solutions stands out as an attempt to solve a long-standing problem that has limited automotive manufacturing efficiency.
Based on the region, the global 3D metrology systems market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Among all of the regions, the North America region is dominating the market due to the presence of a large number of manufacturing plants and metrology service centers, hence the demand for 3D metrology systems is anticipated to grow consistently in the region.
For instance, in November 2018 - ZEISS Industrial Quality Solutions has opened its latest metrology services center in Buffalo Grove, Illinois near Chicago. The company offers metrology services in several regional areas including Boston, Charlotte, Detroit, Irvine, Minneapolis, and Nashville.
In April 2018, SHINING 3D, the industry leader in 3D digitizing and printing industries opened its new office for the Americas, as part of its plan for expansion into global markets. The company is also bringing the latest in 3D technology and products to customer in North America region.
Further, increased adoption of the advanced and latest 3D scanning technologies for improving the product quality across all the sectors is driving the growth of the market in this region.
For instance, in September 2017, FARO Technologies, Inc. launched FARO Visual Inspect for inspection and design purposes. This product enables the transfer of large, complex 3D CAD data to an iPad, which is then used for mobile visualization and comparison with real-world conditions.
The global 3D metrology systems market is a fairly consolidated market with a few players having a considerable market share. The market is slightly consolidated with few major players amidst a high level of competition between them while the markets in the countries where market value is less have a fragmented market.
The companies are focused on the strategy of business expansion through new product launches in order to increase product activities and strengthen the global market position.
For instance, in January 2018, SHINING 3D introduced a 3D metrology scanner named “EaScan II” capable of scanning heavy and large objects with high speed and accuracy rate. The scanner can also perform measurement of dimensions and complex structure of a product with high speed, thereby improving the efficiency.
In November 2018, Mitutoyo launched its “SpaceTrac Series” of laser trackers suitable for measuring large-scale components such as aerospace, energy generation, and construction components. In addition to the SpaceTrac series, Mitutoyo has also launched a 6D Laser Interferometer for the error detection and calibration of machines tools and precision manufacturing equipment.
In March 2018, Mitutoyo America Corporation announced MCOSMOS V4.2 metrology software for Mitutoyo coordinate measuring machines. MCOSMOS by Mitutoyo is a proprietary metrology suite of inter-related modules and dedicated expansion modules for Microsoft Windows.
In March 2017, Hexagon Manufacturing Intelligence released a new camera-based portable CMM for shop-floor measurements with high precision. The camera detects geometric conditions and changes in 3 dimensions to deliver highly accurate measurement data.
In June 2016, Nikon Metrology introduced the HN-C3030, a new non-contact measuring system for high-speed, 3D measurement of gears, impellers, hobs, turbine blades, and other complex components in single-figure micron accuracy.
The companies are also focused on the mergers and acquisitions of related businesses in an attempt to expand product portfolio, market reach, and strengthen global market position through improved financial resources.
For instance, In February 2018, InnovMetric Software Inc. acquired Prefixa Vision Systems, a Mexican metrology software provider. With this acquisition, InnovMetric, a leading 3D metrology solution provider, is looking to expand its capabilities with the support of local expertise in the form of Prefixa.
In March 2016, Hexagon AB, a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, acquired AICON 3D Systems, a leading provider of optical and portable non-contact 3D measuring systems for industrial manufacturing.
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