Based on the type of products, the 3D metrology market has been classified into fixed coordinate measuring machines (CMM), optical digitizers and scanners (ODS), and 3D video measuring machines (VMM). The said market has been segmented on the basis of application into automotive, aerospace, energy & power, medical, electronics, and others.
The 3D metrology market is expected to reach $2,205.4 million by 2020, at a CAGR of 7.11% from 2015 to 2020. The optical digitizers & scanners (ODS) market is expected to grow at the highest CAGR; its growth can be attributed to its advantages in terms of automatability and non-contact operation due to which, its applications are expected to increase.
The said market has been segmented based on geography into North America, Europe, APAC, and RoW. North America is currently the largest market for 3D metrology and is expected to exhibit a high growth rate in the next five years.
The report also details the competitive landscape of the 3D metrology market by analyzing the strategies adopted by major players to achieve growth in the market. Apart from the market segmentation data, the report also includes qualitative analysis of various market dynamics such as the drivers, restraints, opportunities, burning issues, and winning imperatives. It also analyzes the overall market through various models such as the Porter's Five Forces framework. The report includes the profiles of the major players in the 3D metrology market along with, their respective market share analyses.
Some of the prominent companies in this market include Advantest Corporation (Tokyo), Carl Zeiss AG (Germany), FARO Technologies, Inc. (U.S.), GE Measurement & Control Solutions Inc. (U.S.), GOM mbH (Germany), Hexagon AB (Sweden), Nikon Corporation (Japan), Perceptron, Inc. (U.S.), Renishaw Plc (U.K.), and Zygo Corporation (U.S.).
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To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/3d-metrology-market-by-product--application--geography---global-forecast-to-2020-300203286.html
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