3D Inspection Market

Market Definition

The 3D Inspection Market size was valued at USD 8.62 billion in 2023 and is predicted to reach USD 17.56 billion by 2030 with a CAGR of 10.7% from 2024-2030.

3D inspection is the process of using 3D imaging technology to measure, inspect and analyze the physical characteristics of a part of the mechanical component. It involves comparing a 3D model of the object to its actual physical features, such as size, shape, and surface finish. This process helps to ensure that a product is manufactured to the exact specifications and tolerances that were set out in the design phase.

3D inspection can be used to identify defects, determine product conformance and uncover process problems. It is used in manufacturing, engineering, construction, and other industries to ensure that parts or products are made correctly and that products are of the highest quality. 3D inspection provides numerous advantages to business enterprises such as improving product quality, minimizing waste material, and increasing the overall efficiency of the organizations.

Market Dynamics and Trends

The growing industrialization along with the increasing demand for quality assurance in industries, such as automotive and aerospace is driving the growth of the 3D inspection market. Quality assurance boosts production, reduces failure rates, and eliminates rework and wastage of raw materials. Moreover, the stringent government policies to maintain a certain level of product and service quality are further driving the demand for 3D inspection systems.

Furthermore, the widespread adoption of Industry 4.0 has paved the way for more efficient, automated inspections, reducing labor costs and improving repeatability and consistency, further boosting the growth of the 3D inspection market. However, the high cost of the technology and software required for 3D inspection is the major factor restraining the growth of the 3D inspection market.

On the contrary, the introduction of structured light technology which allows for high-resolution 3D inspection of objects with a high degree of accuracy along with the developments in robotics will create ample opportunities in the 3D inspection market in coming years. Robotics can enable automated 3D inspection of large or hard-to-reach areas, which improves the speed and efficiency of the inspection process.

Market Segmentations and Scope of the Study

The 3D inspection market share is segmented on the basis of product, component, application, and end user. On the basis of product, the market is divided into smart camera-based systems and pc-based systems. On the basis of component, the market is classified into hardware and solution. On the basis of application, the market is segmented into quality control & inspection, guidance & positioning, measurement, and identification. On the basis of end-user, the market is divided into automotive, electronic & semiconductor, food & beverage, and glass & metal. Geographic breakdown and analysis of each of the aforesaid segments include regions comprising of North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

Asia Pacific holds the lion share of the 3D inspection market and is expected to continue its dominance during the forecast period. This is attributed to factors such as the rapidly increasing automotive industry and the increasing need for 3D inspection in these industries for the production of high-quality automobiles and parts are driving the growth of the market.

According to the International Organization of Motor Vehicle Manufacturers, China is the largest producer of automotive vehicles, manufacturing more than 21.4 million cars and 4.6 million commercial vehicles in 2021.

Moreover, the introduction of stringent environmental regulations and standards are further driving the growth of the 3D inspection market in Asia Pacific. These regulations are aimed at promoting the use of advanced technologies such as 3D inspection equipment and systems to ensure product quality, safety, and compliance with the regulations. 

For instance, in February 2022, the General Administration of Customs China enforced new rules on the import and export of food safety. The new law states overseas food safety assessment and high precision inspection, product labeling, and food safety risk management.

On the other hand, North America is expected to show steady growth in the 3D inspection market due to the growing use of 3D inspection in food and beverage industries for high-quality inspection of food safety and quality in countries such as the U.S. and Canada.

Moreover, the presence of key players such as Cognex Corporation, IBM Corporation, and Intel Corporation plays an important role in the growth of the 3D inspection market in this region. For instance, in January 2021, Cognex Corporation launched the In-Sight 3D-L4000 Vision System. The new system equipped with a smart camera allows a quick accurate and cost-effective range of inspection on automated product lines, making 3D inspection as easy as 2D.

Competitive Landscape

Various market players operating in the 3D inspection market include Omron Corporation, Cognex Corporation, Basler AG, Keyence, National Instruments¸TKH, Sony Corporation, ISRA Vision, Stemmer Imaging, Intel Corporation, and others. 

These market players are adopting various strategies such as product launches to remain dominant in the 3D inspection market. For instance, in October 2022, Scantech launched the optical 3D measurement system TrackScan-P optical 3D measurement system consisting of a portable 3D scanner and an optical tracker E-Track for 3D scanning large-scale objects. The new system is widely applied for quality control, product development, reverse engineering, and others in aerospace, automotive, and rail transport mold. 

Moreover, in October 2022, Nextin Inc. launched its new inspection equipment for 3D NAND. The new equipment featured near-infrared and through-focus scanning optical microscopy (TSOM) technologies to improve the quality of the inspection.

Additionally, in June 2022, Artec 3D launched Artec Studio 17 the newest iteration of 3D scanning software. The new software offers full inspection and reverses engineering workflows as well as groundbreaking CGI features and UX updates.

Furthermore, in May 2021, Yamaha launched the YRi-V 3D hybrid AOI system, which is equipped with 2D inspection, 3D inspection and a 4-direction angular camera in a single machine. The system was launched with the aim to improve inspection performance such as fine-pitch ultra-small components and detecting scratches, cracks, chipped areas, and mirror-surface finishes.

Key Benefits

• The report provides quantitative analysis and estimations of the 3D inspection market from 2024 to 2030, which assists in identifying the prevailing market opportunities.

• The study comprises a deep dive analysis of the 3D inspection market including the current and future trends to depict prevalent investment pockets in the market.

• Information related to key drivers, restraints, and opportunities and their impact on the 3D inspection market is provided in the report. 

• Competitive analysis of the players, along with their market share is provided in the report.

• SWOT analysis and Porters Five Forces model is elaborated in the study.

• Value chain analysis in the market study provides a clear picture of roles of stakeholders.

Key Market Segments

By Product 

• Smart Camera-Based Systems 

• PC-Based Systems

By Component 

• Hardware 

• Solution

By Application 

• Quality Control & Inspection

• Guidance and Positioning

• Measurement

• Identification

By End User 

• Automotive

• Electronic & Semiconductor

• Food & Beverage

• Glass & Metal

By Geography

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The UK

  • Germany

  • France        

  • Italy        

  • Spain        

  • Denmark        

  • Netherlands        

  • Finland        

  • Sweden

  • Norway        

  • Russia        

  • Rest of Europe

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia Pacific

• RoW

  • Latin America

  • Middle East

  • Africa

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Market Size in 2023	USD 8.62 billion
Revenue Forecast in 2030	USD 17.56 billion
Growth Rate	CAGR of 10.7% from 2024 to 2030
Analysis Period	2023–2030
Base Year Considered	2023
Forecast Period	2024–2030
Market Size Estimation	Billion (USD)
Growth Factors	Growing industrialization along with the increasing demand for quality assurance. The stringent government policies to maintain a certain level of product and service quality. widespread adoption of Industry 4.0 fuels the market.
Countries Covered	28
Companies Profiled	15
Market Share	Available for 10 companies
Customization Scope	Free customization (equivalent to up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.

KEY PLAYERS

• Omron Corporation

• Cognex Corporation

• Basler AG

• Keyence

• National Instruments

• TKH

• Sony Corporation

• ISRA Vision

• Stemmer Imaging

• Intel Corporation