Global Shape Measuring Device Market Overview
The Shape Measuring Device Market Size was estimated at 8.46 (USD Billion) in 2022. The Shape Measuring Device Industry is expected to grow from 8.97(USD Billion) in 2023 to 15.2 (USD Billion) by 2032. The Shape Measuring Device Market CAGR (growth rate) is expected to be around 6.03% during the forecast period (2024 - 2032).
Key Shape Measuring Device Market Trends Highlighted
The Shape Measuring Device Market is projected to significantly impact various industries. Advancements in technology, such as non-contact measurement and enhanced accuracy, are driving market growth. The integration of these devices into automation processes further boosts demand. Additionally, increasing applications in industries, including automotive, aerospace, and healthcare, contribute to market expansion.
Key market drivers include the growing need for precise measurements in manufacturing and quality control, as well as the rise of 3D printing and reverse engineering techniques. Government regulations and industry standards also influence the market, necessitating accurate and reliable measurement devices. Opportunities exist in emerging applications, such as biomechanics and medical imaging, where shape measurement plays a crucial role.
Recent trends include the integration of artificial intelligence (AI) and machine learning into devices, enabling real-time shape analysis and advanced modeling capabilities. Additionally, the development of portable and handheld devices allows for greater flexibility and ease of use. As technology continues to evolve, shape-measuring devices are poised to play an even more significant role in various industries.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Shape Measuring Device Market Drivers
Technological Advancements Driving Innovation
The Industry of Shape Measuring Device Market is observing substantial growth due to the rapid proliferation of technology. The advent of several powerful technologies, such as 3D scanning, laser axis alignment, triangulation, and computer vision, among others, have facilitated a remarkable reinvention of the devices that measure the shape of the object. These technologies allow measuring the shapes of varying complexities with higher accuracy, at a more rapid pace, and with the capability to retain the intricate shapes along the object.
In addition, the delivery of integrated software and improved algorithms allows the execution of the analysis further on-site with the real-time processing of data for the precise measurement of the product. This evolution in technology is significantly benefitting manufacturers by improving the quality of the product and optimizing the production processes to meet the demands of industries such as automotive, aerospace, and healthcare, among others.
Growing Demand from Manufacturing Sector
The Shape Measuring Device Market Industry will be driven by the manufacturing sector. With the increasing adoption of automation and industry 4.0 technologies, there has been a higher demand for precise and efficient shape measurement solutions. Higher quality control requirements have been the driving factor for this increased adoption, as shape-measuring devices ensure that produced components meet design specifications and tolerances. The automotive industry will be the primary user of these devices, using them to maximize the performance, safety and aesthetic appeal of their cars. The demand for high-quality products in these circumstances will ensure the market continues to blossom.
Expansion of Healthcare and Medical Applications
The healthcare and medical industry presents significant growth opportunities for the Shape Measuring Device Market Industry. Shape measurement technology has found applications in various medical fields, including orthopedics, dentistry, and plastic surgery. These devices are used for precise measurement of bones, teeth, and other anatomical structures, aiding in diagnosis, surgical planning, and the development of custom medical devices. The crescent demand for personalized healthcare solutions and the adoption of 3D printing in medical applications are driving the growth of shape-measuring devices in the healthcare sector.
Shape Measuring Device Market Segment Insights
Shape Measuring Device Market Measurement Type Insights
Shape Measuring Device Market by Measurement Type 2D Shape Measurement 3D Shape Measurement Shape Measuring Device Market The 2D shape measurement segment is projected to account for the larger market share in 2023. These devices have applications in various industries, such as manufacturing, automotive, and construction. They also provide data about the dimensions and angles of 2D objects, which are crucial for quality control, design verification, and reverse engineering. The 2D shape measurement device market is expected to grow at a CAGR of around 5.5% during the forecast period.Owing to these factors, this market segment is also expected to be the largest in 2023. The 3D shape measurement segment is also expected to exhibit substantial growth over the forecast period. With these devices, users can obtain an analysis of the objects, providing data about the surface area, volume, and other complex geometric features, which enable them to determine the density, porosity, and residual stress of the objects. Moreover, the use of these devices is increasing in various industries, such as healthcare, aerospace, and consumer electronics.The 3D shape measurement market is projected to grow at a CAGR of around 6.5% during the forecast period. Key Growth Drivers of the Shape Measuring Device Market Various factors are assisting the growth of the market, including the rising demand for precision measurement from industrial sectors, improvements in sensor technologies, and the adoption of Industry 4.0. Moreover, the market is also benefitting from the increasing popularity of 3D printing, which requires measurement of shapes for the 3D models of designs and for quality control.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Shape Measuring Device Market Technology Insights
The revenue of the Shape Measuring Device Market is to reach $10.07 billion by the year 2024, up from $6.4 billion in 2020, growing at a CAGR of 6.3% during the forecast period. Technologysegmentation is of crucial importance for the development of the industry. Thus, Laser-Based Shape Measurement technology leads the market by taking a share of 35% in 2023, as it demonstrates high accuracy, is non-contact and non-destructive, as well as compatible with complex shapes. Concurrently, Structured Light-Based Shape Measurement technology is expected to generate the highest CAGR of 7.2% in the investigated period, which can be attributed to its affordability and simplicity of application.In its turn, Photogrammetry-Based Shape Measurement technology should account for a number of 28% in 2024, as it allows to take pictures of the targeted objects in 3D and calculate the right angles. Finally, X-Ray-Based Shape Measurement technology has the potential to take a market share of 12% in the same period, as it is popular for medical diagnostics and industrial control.
Shape Measuring Device Market Application Insights
The Shape Measuring Device Market segmentation by Application is divided into Quality Control and Inspection, Reverse Engineering, Dimensional Analysis, Virtual Reality and Augmented Reality. The Quality Control and Inspection segment is expected to hold the largest market share in 2023 and is projected to grow at a CAGR of 6.5% from 2024 to 2032, owing to the increasing demand for quality control and inspection in various industries, including manufacturing, automotive, and aerospace. The Reverse Engineering segment is expected to grow at a CAGR of 6.8% from 2024 to 2032 due to the growing need for reverse engineering in product development and innovation.The Dimensional Analysis segment is expected to grow at a CAGR of 6.2% from 2024 to 2032, owing to the increasing demand for dimensional analysis in manufacturing and design processes. The Virtual Reality and Augmented Reality segment is expected to grow at a CAGR of 7.0% from 2024 to 2032 due to the growing adoption of virtual reality and augmented reality in various applications, including training, simulation, and design.
Shape Measuring Device Market End User Insights
The Shape Measuring Device Market is segmented into various end-user industries, including automotive, aerospace, medical, manufacturing, and construction. Each industry has specific requirements for shape measuring devices, driving the market growth in different ways. The automotive industry is a major end-user of shape-measuring devices, with a market size of USD 2.4 billion in 2023 and is projected to reach USD 3.5 billion by 2032. The demand for shape-measuring devices in the automotive industry is driven by the need for precise measurement and inspection of complex automotive components, such as engine parts, body panels, and chassis.The aerospace industry is another significant end-user of shape-measuring devices, with a market size of USD 1.8 billion in 2023 and is projected to reach USD 2.7 billion by 2032. The aerospace industry requires shape-measuring devices for the precise measurement and inspection of aircraft components, such as wings, fuselages, and engine parts, to ensure safety and performance. The medical industry is also a growing end-user of shape-measuring devices, with a market size of USD 1.5 billion in 2023 and is projected to reach USD 2.2 billion by 2032.Shape-measuring devices are used in the medical industry for the precise measurement and inspection of medical devices, such as implants, prosthetics, and surgical instruments, to ensure patient safety and accuracy during surgeries and treatments. The manufacturing industry is a diverse end-user of shape-measuring devices, with a market size of USD 2.2 billion in 2023 and is projected to reach USD 3.2 billion by 2032. The manufacturing industry uses shape-measuring devices for the precise measurement and inspection of manufactured parts, such as machinery components, molds, and tools, to ensure quality and precision in various manufacturing processes.The construction industry is another growing end-user of shape-measuring devices, with a market size of USD 1.1 billion in 2023 and is projected to reach USD 1.6 billion by 2032. Shape-measuring devices are used in the construction industry for the precise measurement and inspection of construction materials, such as concrete structures, steel beams, and building components, to ensure structural integrity and safety. Overall, the Shape Measuring Device Market is expected to grow steadily over the forecast period, driven by the increasing demand for precise measurement and inspection across various end-user industries.
Shape Measuring Device Market Shape Complexity Insights
The Shape Complexity segment of the Shape Measuring Device Market is categorized into Simple Shapes, Complex Shapes, and Freeform Shapes. Among these, Simple Shapes held the largest market share in 2023, accounting for around 45% of the Shape Measuring Device Market revenue. This dominance is attributed to the widespread adoption of simple shapes in various industries, including automotive, aerospace, and manufacturing. Complex Shapes followed closely, capturing approximately 30% of the market share. The increasing demand for precision measurement in complex components, such as those found in medical devices and electronics, is driving the growth of this segment.Freeform Shapes, though currently holding a smaller market share, are expected to witness significant growth in the coming years. The growing adoption of 3D printing and additive manufacturing technologies is fueling the demand for accurate measurement solutions for freeform shapes. Overall, the Shape Complexity segment is expected to continue its growth trajectory, driven by advancements in measurement technologies and the increasing adoption of complex shapes across industries.
Shape Measuring Device Market Regional Insights
The regional segmentation of the Shape Measuring Device Market offers valuable insights into the market's geographical distribution and growth dynamics. North America is anticipated to hold a prominent share of the market throughout 2024, driven by factors such as technological advancements, a strong industrial base, and a growing demand for high-precision measurement solutions. Europe is expected to follow closely, with key markets in Germany, the United Kingdom, and France contributing to its growth. The APAC region is projected to exhibit substantial growth over the forecast period, owing to rapid industrialization, rising disposable incomes, and increasing investments in infrastructure.South America and MEA are anticipated to witness a steady growth rate, with emerging economies driving market expansion. These regions present significant opportunities for market players looking to expand their footprint.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Shape Measuring Device Market Key Players And Competitive Insights
Major players in the Shape Measuring Device Market are focused on expanding their presence and product portfolio to cater to the growing demand for advanced shape-measuring solutions. They are investing in research and development to introduce innovative products and technologies that meet the specific needs of various industries. Leading Shape Measuring Device Market players are also actively involved in strategic partnerships, acquisitions, and collaborations to strengthen their market position and gain access to new technologies and markets. The Shape Measuring Device Market industry is expected to witness significant growth in the coming years, driven by the increasing adoption of shape-measuring devices in various applications, including manufacturing, automotive, aerospace, and medical.Nikon Metrology is a leading provider of Shape Measuring Device Market solutions. The company offers a comprehensive range of products, including coordinate measuring machines (CMMs), laser scanners, optical comparators, and software solutions. Nikon Metrology has a strong presence and serves customers in various industries, including automotive, aerospace, medical, and electronics. The company is committed to providing innovative and high-quality solutions to meet the evolving needs of its customers. Nikon Metrology has a well-established distribution network and provides excellent customer support to ensure customer satisfaction.Hexagon Manufacturing Intelligence is another major player in the Shape Measuring Device Market. The company offers a wide range of products, including CMMs, laser trackers, and portable measuring arms. Hexagon Manufacturing Intelligence has a strong presence in the automotive and aerospace industries and provides solutions for various applications, including quality control, reverse engineering, and product development. The company is focused on delivering innovative and integrated solutions to meet the complex measurement challenges of its customers. Hexagon Manufacturing Intelligence has a network of sales and service offices to provide local support to its customers.
Key Companies in the Shape Measuring Device Market Include
- LK
- Scantech
- Kreon
- Mitutoyo Corporation
- Hexagon AB
- Nikon
- GOM GmbH
- FARONewparaCarl Zeiss AG
- Werth Messtechnik
- Alicona Imaging GmbH
- Wenzel Group
- Renishaw plc
- QC Software, Inc.
- DEA S.p.A.
Shape Measuring Device Market Industry Developments
The Shape Measuring Device market is projected to grow from USD 8.97 billion in 2023 to USD 15.2 billion by 2032, at a CAGR of 6.03% during the forecast period. Key factors driving the market growth include rising demand for quality control in manufacturing industries and increasing adoption of automated inspection systems.Recent developments in the market include the launch of new products such as the Keyence IM Series Image Dimension Measurement System and the Nikon Metrology LC15Dx Confocal Microscope. Strategic partnerships and acquisitions have also been witnessed, such as the partnership between Hexagon and ZEISS to develop a comprehensive metrology solution.Key players in the market include Hexagon, Nikon Metrology, Mitutoyo, Zeiss, and FARO Technologies. These companies are focusing on developing innovative products and expanding their geographical presence to cater to the growing demand for shape-measuring devices.
Shape Measuring Device Market Segmentation Insights
- Shape Measuring Device Market Measurement Type Outlook
- 2D Shape Measurement
- 3D Shape Measurement
- Shape Measuring Device Market Technology Outlook
- Laser-Based Shape Measurement
- Structured Light-Based Shape Measurement
- Photogrammetry-Based Shape Measurement
- X-Ray-Based Shape Measurement
- Shape Measuring Device Market Application Outlook
- Quality Control and Inspection
- Reverse Engineering
- Dimensional Analysis
- Virtual Reality and Augmented Reality
- Shape Measuring Device Market End User Outlook
- Automotive
- Aerospace
- Medical
- Manufacturing
- Construction
- Shape Measuring Device Market Shape Complexity Outlook
- Simple Shapes
- Complex Shapes
- Freeform Shapes
- Shape Measuring Device Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
8.46(USD Billion) |
Market Size 2023 |
8.97(USD Billion) |
Market Size 2032 |
15.2(USD Billion) |
Compound Annual Growth Rate (CAGR) |
6.03% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
LK, Scantech, Kreon, Mitutoyo Corporation, Hexagon AB, Nikon, GOM GmbH, FARONewparaCarl Zeiss AG, Werth Messtechnik, Alicona Imaging GmbH, Wenzel Group, Renishaw plc, QC Software, Inc., DEA S.p.A. |
Segments Covered |
Measurement Type, Technology, Application, End User, Shape Complexity, Regional |
Key Market Opportunities |
Increased demand for precision manufacturing Aerospace and automotive industries growth Advancements in 3D scanning technology |
Key Market Dynamics |
Growing adoption of 3D printing Advancement in laser technology Surge in demand for precision measurement |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The shape-measuring device market size is expected to reach USD 15.2 billion by 2032, exhibiting a CAGR of 6.03% from 2024 to 2032.
North America is anticipated to dominate the shape-measuring device market throughout the forecast period.
Factors such as increasing demand for high-precision measurement, rising adoption in automotive and aerospace industries, and technological advancements are driving the growth of the shape-measuring device market.
The automotive industry is expected to be the primary end-user industry, accounting for a significant share of the shape-measuring device market.
Key players include Nikon Metrology, Carl Zeiss, Hexagon, Mitutoyo, and FARO Technologies.
The various types include coordinate-measuring machines (CMMs), laser scanners, optical comparators, and surface roughness testers.
Economic fluctuations, availability of low-cost labor in emerging economies, and stringent regulatory compliance can pose challenges to market growth.
Advancements in sensor technology, integration of AI and machine learning, and the growing adoption of portable devices are shaping the market landscape.
The market is expected to grow at a CAGR of 6.03% from 2024 to 2032.
Shape measuring devices are primarily utilized in quality control, inspection, and reverse engineering processes in various industries.