The 3D scanning market was valued at USD 1.428 billion in 2020, and it is expected to reach USD 4.69 billion by the end of 2026, with a CAGR of 22.21% during the forecast period (2021 - 2026). Though 3D scanning technology has not penetrated substantially into the residential and private settings, these devices are prominently used to produce video games and movies in industries, such as entertainment and media. Other industrial applications, where these devices are found to be of great use, are architecture, construction, aerospace, healthcare, and automotive, among others, where these can be used for onsite parts production. 3D scanners have been a part of the innovations, led by a growing number of applications.

Key Market Trends

Structured-light Scanner by Hardware Type to Drive the Market Growth

- A structured-light 3D scanner is a 3D scanning device for measuring the three-dimensional shape of an object using a single light source projecting multiple lines on the object being tracked by a camera or multiple cameras. This serves as a contrast to a laser scanner, which emits various laser dots on a single object, one after the other.
- Applications, such as reverse engineering of objects to produce CAD data, volume measurement of engineering parts, motion and environment capture for augmented reality games, body measurements for fashion retailing, automated optical inspection in high-speed manufacturing lines, and obstacle detection systems on unmanned aircraft, have been actively deploying structured light scanners.
- By offering capabilities, such as fast and no setup time, handheld 3D scanners make a convenient integration toward the same. Thus, multiple handheld 3D scanners for 3D printing have been deploying structured light technology. The technology uses trigonometric triangulation by projecting a pattern of light onto the object to scan.
- In August 2019, the Cobalt Design Structured Light Scanner family from FARO looked at 3D data capture capabilities across small, complex shapes with varied textures and color. The scanners could capture millions of measurement points in as little as a second, with up to 3.1 Mpx accuracy for small to medium complex objects. Recently launched Polyga’s H3 handheld 3D scanner offers structured-light as a base for a multi-imaging pattern for 3D capture, with prices starting at USD 9,990.
- However, a significant downside of this type of scanner, being sensitive to the lighting conditions in a given environment, poses a significant issue in working outside.

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Competitive Landscape

The 3D scanning market is fragmented. Overall, the competitive rivalry among the existing competitors is high. The new product innovation strategy of large and small companies is giving rise to the 3D scanning market. Some of the key developments in the area are:

- In July 2020 - Creaform launched MetraSCAN BLACK, a 3D scanner, which is equipped to measure complex parts and assemblies on the production floor for industries, such as automotive, power generation, and heavy industries. With capabilities to perform metrology-grade 3D measurement and inspection, the MetraSCAN could also integrate quality control, quality assurance, inspection, MRO, or reverse engineering workflow.
- In February 2020 - Hexagon AB made available its structured light scanning technology as portable measuring arms with the new RS-SQUARED Area Scanner. The RS- SQUARED takes up to four square ‘tiles’ of 3D point data per second while maintaining the high accuracy measurement of the touch probe across difficult-to-reach areas.

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