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The global 3D metrology market was valued at USD 9.3 billion in 2020 and is projected to reach USD 13.4 billion by 2026; growing at a CAGR of 6.8% from 2021 to 2026.
A few key factors driving the growth of this market are increased R&D spending on 3D metrology, focus on quality control while manufacturing goods, and demand for higher productivity by electronics manufacturing services companies. Factors such as increasing adoption of cloud computing services and surging demand for industry 4.0 are expected to provide growth opportunities to players in the 3D metrology market.
The 3D metrology CMM market for articulated arm CMM is expected to grow at the highest CAGR from 2021 to 2026
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The 3D and 4D technology market size is projected to reach USD 465.0 billion by 2025 from an estimated USD 221.1 billion in 2020, at a CAGR of 16.0% from 2020 to 2025. Intensifying demand for 3D technology-based devices in consumer electronics is among the factors driving the growth of the 3D and 4D technology market.
The 3D and 4D imaging solutions segment is projected to grow at the highest CAGR during the forecast period. The increasing consumption of 3D and 4D imaging solutions in various consumer electronics products, such as smartphones, cameras, and televisions, is expected to drive the growth of this market segment. In addition, a rise in demand for advanced smartphones, automobiles, and consumer electronics devices, is expected to increase the demand for 3D and 4D devices and solutions.