Digital Inspection Market Size

Digital Inspection Market Growth Projections and Opportunities

The demand for new and advanced technologies is on the rise globally due to increased industrialization and urbanization. One such technology is 3D metrology, a scientific study used for the geometrical measurement of objects or products. This technique enables manufacturing companies to access 3D data of internal and external parts, presenting opportunities to enhance product quality and control production quality. The global market growth of 3D metrology is further fueled by the development of automation, energy harvesting, and the inspection of semiconductor wafers.

Manufacturing companies are increasingly adopting 3D metrology to obtain highly accurate measurement data and minimize production reject rates. These factors play a crucial role in improving production efficiency, contributing to the growing demand for 3D metrology worldwide. Notably, the automotive industry stands out as a leader in adopting 3D metrology for precise measurements of physical parts and components used in vehicles. Companies like Hexagon AB, a measurement and industrial metrology company, have a strong track record in delivering measurement systems to the automotive industry. They have developed the 360° SIMS robotic 3D Metrology system specifically for automotive plant process control.

The market for 3D metrology is segmented based on components, including hardware, software, and services. In 2019, the hardware segment held the largest share and is expected to continue dominating the market with a forecasted Compound Annual Growth Rate (CAGR) of 6.60%. The significant adoption of 3D metrology equipment in industries such as automotive, aerospace & defense, architecture & construction, and medical, to maintain product quality, is a key factor contributing to the increased demand for the hardware segment. However, the service segment is anticipated to experience the highest CAGR during the forecast period.

In summary, the global demand for 3D metrology is driven by the need for advanced technologies in response to growing industrialization and urbanization. Manufacturing companies are turning to 3D metrology to achieve high measurement accuracy, reduce production reject rates, and enhance production efficiency. The automotive industry, in particular, has embraced this technology for precise measurements of physical parts and components. As the market continues to grow, the hardware segment is expected to maintain its dominance, while the service segment is projected to experience the highest growth rate during the forecast period.