Global 3D Scanner Market Poised for Explosive Growth to $7 Billion by 2034
It is projected that the size of the worldwide 3D scanner market would be US$ 1.9 billion by 2024. The market is anticipated to increase at a compound annual growth rate (CAGR) of 13.7% between 2024 and 2034, when it is expected to reach a market value of US$ 7 billion.
It is projected that the size of the worldwide 3D scanner market would be US$ 1.9 billion by 2024. The market is anticipated to increase at a compound annual growth rate (CAGR) of 13.7% between 2024 and 2034, when it is expected to reach a market value of US$ 7 billion.
The need for 3D scanners has been fueled by improvements in 3D scanning technology, including increased speed, accuracy, and usability. 3D scanners are becoming more and more capable due to ongoing advancements in software algorithms, sensors, and cameras. Furthermore, it is projected that the need for 3D scanners will rise as 3D printing becomes more and more common in a number of sectors, including consumer products, healthcare, automotive, and aerospace. They are employed in the process of modeling items digitally.
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The need for accurate 3D representations of real-world settings and things is growing as augmented reality and virtual reality become more and more prevalent in gaming, education, training, and entertainment. In order to digitalize and capture real-world items and locations for immersive experiences, 3D scanners are essential equipment. 3D scanners are used in the healthcare sector for a variety of purposes, including medical imaging, dental restoration, prostheses, and orthotics made for treating individual patients.
The process of generating digital representations of already-existing physical things for use in design optimization, aftermarket services, and product creation is known as reverse engineering. Because they can precisely measure and capture the geometry of intricate structures and forms, 3D scanners are essential tools for reverse engineering.
Key Companies Profiled:
- Hexagon AB
- True Point Laser Scanning LLC
- Faro® Technologies Inc.
- Basic Software Inc.
- Nikon Metrology NV
- Maptek Pty Ltd
- Topcon Corporation
- 3D Systems Corporation
- Trimble Inc.
- Perceptron, Inc.
- Creaform, Inc.
- 3D Digital Corporation
The availability of portable 3D scanners is growing.
Over time, the global market has become more and more regionally concentrated. However, a move toward mainstream applications is being brought about by an increase in greenfield and brownfield investments across a wide range of end-use sectors. As a result, manufacturers of 3D scanners are developing new, portable models that have fast speeds, automation, and certain user-friendly features.
Increasing Use of 3D Scanners in the Healthcare and Entertainment Sectors
Many businesses, including construction and industrial production, utilize 3D scanners to verify quality, manage inventories, and conduct surveys. Furthermore, it is projected that a decline in 3D scanner prices would boost the market for these devices in specialized sectors including media & entertainment, consumer products, and healthcare.
The size of the 3D scanner market is expected to increase due to growing demand from well-known sectors for real-time data that is highly precise and customizable.
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Competitive Landscape
Leading providers of 3D scanners are taking advantage of market prospects by developing new products that align with a need for tailored solutions that meet particular customer needs. They are also focusing on providing higher-quality items and controlling their supply chain processes.
As an example:
- In July 2020, Faro® Technologies Inc. introduced the freestyle 2 handheld scanner. With its capacity to capture photorealistic reality, it provides real-time visualization.
- VXelement 9.0, the most recent iteration of Creaform's scanning platform, was released in June 2021. Several features, including VXinspect, VXscan-R, VXmodel, and VXscan, are added to enhance the current platform and make scans more lucrative, quicker, and easier.
Segmentation of 3D Scanner Market Research
By Type :
- Optical
- Laser
- Structured Light
By Configuration :
- Handheld
- Stationary
- Cart Mounted
- Shoulder Mounted
By End Use Industry :
- Industrial Manufacturing
- Healthcare
- Consumer Products
- Architecture & Construction
- Entertainment & Media
- Automotive
By Application :
- Quality Control & Inspection
- Reverse Engineering
- Virtual Simulation
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
3D scanners have become essential tools in sectors such as manufacturing, healthcare, automotive, and entertainment. Their ability to capture highly accurate and detailed three-dimensional data has revolutionized product design, quality control, and diagnostics, leading to improved efficiency and reduced costs. The increasing adoption of 3D printing and virtual reality technologies further boosts the demand for advanced 3D scanning solutions.