Global 3D metrology systems market CAGR growth of 7.31% by 2020

Commenting on the report, an analyst from the research team said that availability of shop-floor CMMs is one of the trends spurring growth for the market. Earlier, for inspecting or measuring a part or a component using CMMs, the component or part had to be transferred to a temperature-controlled cleanroom, as the accuracy of measurement is not significant when CMMs are used in a thermally unstable environment.

As a result, metrology vendors are focusing on moving measurement systems in close proximity to the production line, which led to the advent of shop floor CMMs. Inline CMMs are integrated with an automated production line, whereas semi-inline CMMs are placed next to the production line. The shop-floor CMMs are classified into inline and semi-inline CMMs. Inline CMMs are used for high-speed inspection of manufactured products. In semi-inline CMMs, the manufactured product is placed on the CMM for measuring.

According to the report, increased demand from automotive industry is a key driver aiding to the growth of this market. Financial services are one of the most data-intensive industries. CMMs are used for measuring the dimension, angle, profile, and depth of different objects ranging from small components to large components such as piston rings, brake discs, and automobile panels. The need for measuring such components has contributed significantly to the growth of the market. Automotive manufacturing is a highly competitive market.

Automotive manufacturers are focusing on two major aspects such as quality control and inspection in their manufacturing process, and 3D metrology is one such technology that enables the manufacturers to achieve accuracy in producing manufacturing parts or components. Laser tracker equipment is used widely in the automotive sector owing to its high accuracy and large volume measurements. Some of the major metrology applications in the automotive industry include alignment, profiling, dimensional measurement, and control.