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The 3D metrology market was valued at USD 9.5 billion in 2018 and is expected to reach USD 16.2 billion by 2024, at a CAGR of 9.3% from 2018 to 2024NEW YORK, Feb. 4, 2019 /PRNewswire/ -- 3D metrology market projected to grow at 9.3% CAGR during 2018–2024 Aerospace & defense industry is among major contributors in 3D metrology market Manufacturing and assembling of an aircraft require a high level of accuracy in which 3D metrology plays a vital role.In the aerospace industry, 3D metrology processes are used for making precision parts such as frames, wings, sub-assemblies, simulators, test beds, and engines. In 3D metrology, laser trackers and portable arm coordinate measuring machines are used to ensure that the calibration of the equipment meets the quality standards and regulations for critical aerospace and aeronautic components. North America to witness highest growth during forecast period The large market share is owing to the growing aerospace and automotive industries in North America and the presence of a large number of distributors for metrology equipment.The continuous technological advancements and financial support from the government further propel the growth of this market. Also, the presence of a number of automobile manufacturers and research institutes in this region has increased the demand for 3D metrology equipment, which is fuelling the growth of the North American 3D metrology market. In the process of determining and verifying the market size for several segments and subsegments gathered through the secondary research, extensive primary interviews have been conducted with key industry experts in 3D metrology marketspace. The break-up of primary participants for the report has been shown below: • By Company Type: Tier 1 – 40%, Tier 2 – 25%, and Tier 3 – 35% • By Designation: C-level Executives – 45%, Directors – 25%, and Others – 30% • By Region: North America – 55%, Europe – 20%, APAC – 15%, and RoW – 10% The major players in the 3D metrology market include Hexagon AB (Sweden), Carl Zeiss AG (Germany), FARO Technologies (US), Mitutoyo Corporation (Japan) Nikon Corporation (Japan), KLA-Tencor (US), Jenoptik (Germany), Keyence (Japan), Perceptron (US), Creaform (Canada), GoM (Germany), Automated Precision (US), 3D Digital Corp (US), 3D System Corp (US), and Applied Materials (US). Research Coverage: This research report categorizes the global 3D metrology on the basis of offering, product, application, end-user industry, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to 3D metrology market and forecasts the same till 2024. Key Benefits of Buying the Report The report would help leaders/new entrants in this market in the following ways: 1. This report segments the 3D metrology market comprehensively and provides the closest market size projection for all subsegments across different regions. 2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. 3. The report helps stakeholders to understand the value-chain of 3D metrology market along with recent case studies. 4. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes product launch, acquisition, collaboration, expansion, and partnership. Read the full report: https://www.reportlinker.com/p03954304 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker 
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