- Press Release -

Fact.MR predicts the sales of 3D scanners to exceed US$ 5 Bn by registering a CAGR of 15.06% in the forecast period 2022-2032. The 3D scanner market with numerous applications and technologies has gained immense traction across the globe on the back of mounting concern for quality assurance, inspection management, and engineering rescheduling.

Historically, from 2017 to 2021, the global sales of 3D scanners surged at a CAGR of 12%. Due to the onset of COVID-19 pandemic, the supply and demand chain across all end user industries was disrupted. Thus, in the initial quarter of the pandemic, the demand for 3D scanners dipped. As the world is gaining back normalcy, the demand for 3D scanners is expected to retrieve.

The global market for 3D scanners is a fragmented market. Over the last 10 years, emergence of new developments in digitization and robotics automation have been reshaping the overall business scenario of the 3D scanner market. Superior performance and extensive competition among end use industries is creating a pocket of revenue growth for key manufacturers in global 3D scanner market. The future of 3D scanner market is low-cost handheld devices.

Key Takeaways from the Market Study

• By end user, automotive industry expected to gain more than 40% market share for 3D scanner market.
• By configuration, handheld configuration expected to surge at a CAGR of 20% market share for 3D scanner market.
• 3D scanner industry expected to possess nearly 30% market share throughout North America.
• 3D scanner industry expected to register a CAGR of 18% throughout Asia.

“3D scanner technology will gain mass adoption in coming years on the back of expansion in production facilities as well as revolution in digitized technologies. Increasing demand for computer-aided modelling and analysis software will garner increased sales of 3D scanners within the market,“ opines a Fact.MR analyst

Competitive Landscape

Prominent manufacturers of 3D scanners are capitalizing on their growth opportunities by introducing new product lines tailor-made for specific industries. Moreover, they are also focusing on enhancing existing product lines by adding additional features.

• In July 2020, Faro Technologies Inc launched freestyle 2 portable scanner. The 3D scanner provides real-time visualizations that possess photorealistic reality capture capabilities
• In June 2021 - Creaform announced the release of the latest version of its scanning platform called VXelement 9.0. Several features are added to improve the existing platform like VXscan, VXmodel, VXscan-R, and VXinspect to make scans faster, profitable and easier
• In July 2021, Topcon Co. Ltd announced the acquisition of VISIA Imaging S; this acquisition will help the company improve capabilities in the manufacturing and development of fundus imaging equipment like th3D fundus imaging devices (OCTs) fundus cameras.

More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the global 3D scanner market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.

The study indulges essential insights on the market on the basis of type (optical 3D scanners, laser 3D scanners and structured light 3D scanners), configuration (handheld, stationary, cart mounted and shoulder mounted), price range (less than US$ 5,000, US$ 5,000-US$ 50,000 and more than US$ 50,000), end use industry (industrial manufacturing, healthcare, consumer products, architecture & construction, entertainment & media, automotive and others), application (quality control & inspection, reverse engineering, virtual simulation and others) and technology (laser triangulation, pattern fringe triangulation, laser pulse based and laser phase-shift based) and across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania and MEA).

Fact.MR’s Domain Knowledge in Technology

Our ICT consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the ICT sector. Our expertise in recognizing the challenges and trends impacting the global ICT industry provides indispensable insights and support – encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.

For more information, refer to our market research report or contact the PR author.

Shubham Patidar

Fact.MR

Sr. Consultant – ICT

E-mail: shubham@factmr.com