3D Metrology Companies

The 3D metrology market is expected to grow from USD 11.13 billion in 2024 to reach USD 15.01 billion by 2029, growing at a CAGR of 6.2% from 2024 to 2029. The rising number of EVs and AVs, shift from labor-intensive manual inspections to advanced automated optical systems, increasing application of big data analytics in metrology, and adoption of industry 4.0 are some of the major drivers influencing the market growth.

A few key 3D metrology market players are Hexagon AB (Sweden), ZEISS Group (Germany), Mitutoyo Corporation (Japan), KEYENCE CORPORATION (Japan), KLA Corporation (US), and FARO (US) among others. Key strategies adopted by the players in the 3D metrology market ecosystem include product launches, developments, partnerships, acquisitions, expansions, and contracts in order to increase their market share, and expand their presence in the market

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Major 3D Metrology companies include:

• Hexagon AB (Sweden)
• ZEISS Group (Germany)
• FARO (US)
• Mitutoyo Corporation (Japan)
• KEYENCE CORPORATION (Japan)
• KLA Corporation (US)
• Renishaw plc (UK)
• Nikon Corporation (Japan)

HEXAGON AB

Hexagon has a huge and diversified portfolio of 3D metrology products. The company invests heavily in R&D activities; it invested more than 10% of its annual revenue in R&D from 2020 to 2023 (~12.4% in 2023 compared to ~10.4% in 2020). The company engages in its business through 300 companies that are in 50 different countries. It serves clients from several industries, including surveying, electronics and manufacturing, infrastructure and construction, energy & power, automotive, aerospace & defense, natural resources, and public safety.

ZEISS Group

ZEISS Group is a leader in coordinating measuring machines and complete solutions for multidimensional metrology to be used in metrology labs and production facilities in manufacturing companies. ZEISS is a specialized manufacturer and distributor of cutting-edge products for accurate measurements in the industrial environment. The company spends nearly one-fifth of its annual revenue on research and development; for example, the company spent ~15.3% of its revenue in R&D in 2023; it has developed innovative products and solutions including metrology software and improved 3D imaging technologies. These strengths include geographical expansion, partnerships with numerous clients and industries globally, and the provision of a range of solutions and services that meet the customer’s needs.

KLA Corporation

KLA Corporation is well recognized specializing in process control solutions and yield management of semiconductors and other related industries. It offers highly specialized metrology and inspection systems that are important for manufacturing cutting-edge semiconductor products. It has a particular focus on research and development which makes it advanced in technology. For instance, it spent 12.3% of its revenue on research and development in the year 2023. Moreover, there is a diversified group of customers which include major semiconductor producers, with whom KLA has long-term cooperation and a stable revenue generating model. It has a strategic international network, and has established substantial ground, especially in Singapore, to yield the most effective functionality and prompt order fulfilment.

Related Reports:

3D Metrology Market by Coordinate Measuring Machine (CMM), Optical Digitizer and Scanner (ODS), Form Measurement Equipment, X-ray and CT Equipment, Video Measuring Machine (VMM) and 3D Automated Optical Inspection System - Global Forecast to 2029

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