3D Scanner Market Growth Analysis, Industry Insights and Forecast by 2023
Market Synopsis:
According to Market Research Future (MRFR)’s assessment report, the global 3D scanner market is anticipated to expand at a CAGR of 7.11% during the forecast period 2016 to 2022. The report further indicates that the global market is poised to scale a valuation of USD 5.83 Bn towards the end of the assessment period. The strong value maintained by the 3D technology and its capability to offer comparative and dimensional analysis of products is likely to dictate the growth of the market in the foreseeable future.
3D technology has paved its way across different industry verticals which are expected to drive the growth of the 3D scanner market in the years to come. In addition, technological advancements such as the introduction of hand-held scanners, developments in portable CMM-based 3D scanner, etc. are likely to influence the expansion of the 3D scanner market positively through the projection period.
3D scans offer quick, accurate, and effective results which are poised to accelerate revenue creation for the market participants. The scanners have gained much popularity, and key players are focusing on lowering the cost of the product. The growing affordability of the product has opened new avenues of growth opportunities for the 3D scanner market.
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Market Segmentation:
By type, the global 3D scanner market has been segmented into laser scanner, optical scanner, and structured light scanner.
By vertical, the 3D scanner market has been segmented into media & entertainment, healthcare, aerospace, energy & power, and others.
By range, the global 3D scanner market has been segmented into short range, medium range, and long range.
By offering, the 3D scanner market has been segmented into hardware and aftermarket service.
By product, the global 3D scanner market has been segmented into tripod mounted, fixed CMM based, portable CMM based, and desktop.
By application, the 3D scanner market has been segmented into quality inspection, rapid prototyping, digital archiving, topographical surveys, and others.
Regional Analysis:
By region, the global 3D scanner market has been segmented into Asia Pacific, North America, Europe and the Rest of the World (RoW). North America is currently dominating the global market and is poised to maintain its prominence across the review period. The growth of the regional market can be attributed to the large-scale penetration of internet and technological advancements. Meanwhile, Asia Pacific signifies tremendous growth potential. It is projected to expand at a high CAGR over the forecast period. The widespread adoption of IT services is presumed to boost the growth trajectory of the 3D scanner market in the region over the next couple of years.
Competitive Dashboard:
Some of the major industry leaders profiled in this MRFR report are Hexagon AB (Sweden), Autodesk Inc. (U.S.), Nikon Metrology (Belgium), Faro Technologies Inc. (U.S.), 3D Systems Corporation (U.S.), Creaform Inc. (Ametek Inc.) (U.S.), GOM mbH (Germany), Topcon Corporation (Japan), Trimble Navigation Ltd. (U.S.), and Carl Zeiss Optotechnik GmbH (Germany).
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Industry News:
In March 2019, Honor, a sub-brand belonging to networking and telecommunications company Huawei, has unveiled its upcoming Honor Magic 2 smartphone with 3D light scanner for its array of front-facing sensors.
In February 2019, Thor3D, a leading provider of 3D imaging equipment, has announced the launch of its latest affordable, lightweight, and hand-held 3D scanner named Calibry.
In February 2019, San Diego based Road Runner Sports has announced the introduction of a 3D Fit Drone that provides an accurate 3D scan of a customer’s foot in 7 seconds.
In February 2019, Smarttech3D, a pioneer in 3D technology, has announced the launch of its MICRON3D color 10Mpix scanner at 2019’s TCT Asia show.
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