A recent report published by Infinium Global Research on the 3D scanner market provides an in-depth analysis of segments and sub-segments in the global as well as regional 3D scanner market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional 3D scanner market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of the global 3D scanner market. According to the report, the global 3D scanner market is projected to grow at a CAGR of 7.00% over the forecast period of 2020-2026.
The shape of a physical object is digitally captured by the use of a line of laser light in 3D scanning. 3D scanning is a non-destructive technology and involves no-contact. The exact size and shape of the physical object are captured and a 3-dimensional representation of the object is created digitally on a computer by a 3D scanner. Quick generation of highly accurate point clouds by measuring fine details and capturing free form shapes is done by 3D scanners. There are three major types of 3D scanners which are laser scanner, structured light scanner, an optical scanner. They have different applications over various industry verticals. These industry verticals include manufacturing, healthcare, automotive, Virtual Reality, and others. The usage of 3D scanners facilitates the mechanics, technicians, doctors, engineers, and other professionals to examine any object digitally. This helps them in getting deep insights and obtain better results. A massive amount of data is generated for the object that further helps in analysis. The global market for 3D scanners was sized near USD 1 billion in 2020 and is expected to reach over USD 1.5 by 2026 growing with a CAGR of 7.00% over 2020-2026.
There are many factors that are driving the market. Some of them are growing awareness of 3D scanning technology and 3D scanners, Growing 3D printing market, and a growing number of applications of the 3D scanner. The awareness regarding 3D scanning technology and 3D scanners is growing rapidly. The benefits offered by them are unparalleled. The handling and operating of 3D scanners is very easy. The portability of some 3D scanners makes them ideal for use in the fields where they are needed on-field. The market for 3D printing is also increasing rapidly. The major reason for this is the cost-effectiveness offered by 3D printing. The adoption of 3D printers is rising and 3D scanners play an important role in this. The 3D printed objects are not only cost-effective but also very accurate in design. This happens because 3D scanners capture every detail of the object. The number of applications of 3D scanners is also growing day by day. The 3D scanners are seeing increased use for reverse engineering in manufacturing. Their use in scanning archeological sites, monuments, and objects is rising at a fast rate. They are instrumental for visual effects in movies and video games and are being actively used. Their application in the medical and healthcare sectors is also increasing. They are very effective in scanning the human body and are instrumental in the creation of prosthetic limbs. The only restraint the market faces is the availability of cost-effective alternatives to 3D scanners. These alternatives are expected to hinder the growth of the 3D scanner market. The opportunities are expected to rise due to emerging technologies such as artificial intelligence. The use of artificial intelligence enables the detail capturing of the object and enhanced 3D representation. It also improves the image quality of the scanned object.
North America is expected to be the largest revenue-generating region. North America has an advanced industrial base and thus the adoption of 3D scanners is high. The region also has the presence of nearly all the major players. North America region is the leading country in terms of aerospace and military manufacturing. The region also has an advanced automotive manufacturing base. Thus the use of 3D scanners is rampant. The 3D printing market is also experiencing huge growth in the region. Asia-Pacific is expected to be the fastest-growing market. The use of 3D scanning is increasing in the areas such as topography scanning, medical and healthcare, automotive, electronics, and others. In countries such as Japan, China and other countries in South East Asia put a lot of emphasis on conserving their historical monuments. Therefore the use of 3D scanners is high. The region is expected to be the hotbed of opportunities.
The report on the global 3D scanner market covers segments such as product type, range, application, and end user. On the basis of product type, the sub-markets include the laser scanner, structured light scanner, and optical scanner. On the basis of range, the sub-markets include short range, medium range, and long range. On the basis of application, the sub-markets include quality control and inspection, reverse engineering, rapid prototyping, virtual simulation, and others. On the basis of end user, the sub-markets include aerospace and defense, manufacturing, architecture and construction, medical, and others.
The report provides profiles of the companies in the market such as Nikon Corporation, Autodesk, Inc., Maptek Pty Ltd., Hexagon AB, GOM GmbH, Creaform, Inc., FARO Technologies, Topcon Corporation, 3D Systems Inc, and Direct Dimensions, Inc.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the 3D scanner market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.