3D Scanner Market: Segmented: By Type (Optical Scanner, Laser Scanner, Structured Light Scanner), By Services (Reverse Engineering, Quality Inspection, Rapid Prototyping, Face Body Scanning), By Range (Short Range Scanner, Medium Range Scanner, Long Range Scanner), By Application (Entertainment & Media, Aerospace & Defense, Healthcare, Civil & Architecture, Industrial Manufacturing, Others), And Region - Global Analysis of Market Size, Share & Trends For 2019-2021 And Forecasts To 2031
3D Scanner Market to surpass USD 15.4 billion by 2031 from USD 3.58 billion in 2021 at a CAGR of 15.7% in the coming years, i.e., 2021-2031.
3D scanning is a non-destructive, non-contact technology that uses a line of laser light to digitally capture the contours of actual things and the environment. Additionally, 3D scanning technology saves time, money, and labor during the manufacturing process while also improving output quality. 3D scanners use lasers, light, or x-rays to capture the dimensions of real-world objects and generate point clouds, which are then used to create a 3D model of the scanned object using the software.
Factors such as the increased adoption of next-generation virtual reality and augmented reality technologies in the construction industry are expected to boost the 3D scanning market significantly. Another industry driver is the increased demand for extremely precise 3D scanning, as well as ongoing technological developments in 3D scanning. Furthermore, during the projection period, the rising necessity to capture a huge volume of 3D data for modeling and analysis is likely to move the 3D scanning market forward.
Based on Range, the global 3D Scanner Market is fragmented into Short Range Scanner, Medium Range Scanner, and Long Range Scanner. In 2020, the medium range category dominated the market, and it is expected to continue to do so in the future years. The medium scanners operating range is 1 meter to 300 meters and are used in various applications including civil engineering, industrial manufacturing, architecture, heritage, and archaeology.
Global 3D Scanner Market is classified on the basis of application into Entertainment & Media, Aerospace & Defense, Healthcare, Civil & Architecture, Industrial Manufacturing, and Others. Over the projection period, the healthcare application category is expected to capture significant market share. The custom-modeling of operative prosthetic body organs in the healthcare sector, using 3D scanning and printing, has accelerated the rise of 3D technology in the dynamic life sciences vertical.
The Growing Number of Technological Advancements and Need for Accuracy
Continuous technological developments in 3D scanning, together with a surge in demand for highly precise 3D scanning, are significant drivers influencing the worldwide 3D scanning industry's growth. Furthermore, the market opportunity is likely to be driven by an increase in the demand to capture massive volumes of 3D data for modelling and analysis. Growth in the 3D printing industry, on the other hand, produces the demand for structured light-based 3D scanning, which is likely to provide the 3D scanning market with significant growth opportunities throughout the projection period.
Versatility and Accuracy offered by Laser Scanners
3D laser scanners' accuracy and versatility lead to their fast adoption in a variety of industries. Owing to its widespread availability and ease of use, the market for 3D laser scanners is expected to increase rapidly. Automotive, architecture and construction, medical, and energy and power are just a few of the industries that use these scanners.
Rising Awareness of the Product Price than the Product Itself
The price of the product is the primary reason for its low adoption rate. 3D scanners are more expensive than normal scanners, and consumers are more aware of the price of the scanners than of the goods. It is critical to raise awareness about the 3D scanner and its diverse applications. The audience is assured that the price is expensive due to advanced features. As a result, in this 3D Scanner Market, a lack of product awareness is a demand restraint.
Global 3D Scanner Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America has the biggest market share for 3D scanners. It is an area having a number of significant 3D Scanner Market players. Furthermore, there are numerous market drivers in the region. The top players' well-established businesses are functioning well and contributing more to the worldwide market. In North America, the 3D scanner is gaining popularity at a rapid rate. The remarkable uses of 3D scanners are well-known in a variety of industries.
During the outbreak of COVID 19, the industry has faced numerous obstacles. However, the manufacturing process is resuming, presenting chances for expansion. Distributors and suppliers are causing disruptions in the Market's value chain. According to the 3D Scanner Market report, the 3D Scanner Market will grow from 2021 onwards. In the projection year 2022, it will eventually lead to extraordinary market trends.
|Market size value in 2021||USD 3.58 Billion|
|Revenue forecast in 2031||USD 15.4 Billion|
|Growth Rate||CAGR of 15.7% from 2021 to 2031|
|Base year for estimation||2020|
|Quantitative units||Revenue in USD million and CAGR from 2021 to 2031|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Segments covered||Type, Services, Range, Application, and Region|
|Regional scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)|
|Key companies profiled||Faro Technologies Inc., Creaform Inc., Direct Dimensions Inc., GOM GmbH, Konica Minolta Inc., Nikon Corporation, Autodesk Inc., 3D Systems Inc., ShapeGrabber, Maptek Pty Ltd., and Other Prominent Players.|
3D Scanner Market size was estimated at USD 3.58 billion in 2021 and is expected to reach USD 15.4 billion in 2031.
3D scanning is a more advanced method of studying a real-world environment by collecting data in order to reproduce a three-dimensional shape and appearance.
The Medium Range segment accounted for the largest 3D Scanner Market share.
Key players in the 3D Scanner Market include Faro Technologies Inc., Creaform Inc., Direct Dimensions Inc., GOM GmbH, Konica Minolta Inc., Nikon Corporation, Autodesk Inc., 3D Systems Inc., ShapeGrabber, Maptek Pty Ltd., and Other Prominent Players.
The growing demand for massive volumes of 3D data for modelling and analysis, as well as a surge in the demand for highly precise 3D scanning, are likely to propel the industry forward.
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