3D Scanner Market

Global 3D Scanner Market Outlook (2022-2032)

The global 3D scanner market garnered a market value of US$ 1.23 Bn in 2021 and is expected to register a CAGR of over 15% in the assessment period 2022-2032 by accumulating a market value of US$ 5 Bn.

Market Size Value in 2021	US$ 1.23 Bn
Project Market Forecast Value in 2032	US$ 5 Bn
Global Growth Rate (2022-2032)	15.06%
Growth Rate of Asia	18% CAGR
Key Companies Profiled	Hexagon AB Faro Technologies Inc. Nikon Metrology NV Topcon Corporation Trimble Inc. Creaform, Inc. 3D Digital Corporation Perceptron, Inc. 3D Systems Corporation Basic Software Inc. Maptek Pty Ltd True Point Laser Scanning LLC Others

Increasing focus on improving manufacturing rates and adaption of digitization is playing a key role in driving the sales of 3D scanners. In addition, end user industries such as automotive, entertainment and infrastructure are driving the sales of 3D scanners.

Demand Analysis of 3D Scanner from 2017 to 2021 Vs Market Projections for 2022 to 2032

As per Fact.MR’s report, from 2017 to 2021, the global sales of 3D scanners surged at a CAGR of around 12%, reaching US$ 1.23 Bn by the end of 2021. Manufacturers are focusing on integrating digitalization in every aspect of production to increase productivity rate.

Moreover, accuracy of 3D scanners to reduce complexities of design is positively influencing the sales of 3D scanners. Thus, due to the factors mentioned above, the sales of 3D scanners are expected to reach US$ 5 Bn by registering a CAGR of 15.06% in the forecast period ranging from 2022-2032.

Key Factors Influencing 3D Scanner Market Demand

Healthcare and Entertainment Sectors Rampant Adoption Augmenting Sales of 3D Scanner?

Since the advent of 3D scanners, the global demand has been generated from industries such as industrial manufacturing and construction to check quality control, survey and inventory management.

However, as prices have decreased over the last few years, the global market for 3D scanner has begun to expand in terms of volume growth across niche industries including healthcare, entertainment & media and consumer goods.

In addition, continued interest in getting real time data through customization and high precision across key industries is anticipated to create remunerative opportunities in the global 3D scanning market.

Different Range of Prices Bolstering Demand for 3D Scanners?

The laser 3D scanner market size is anticipated to witness rapid innovations and remunerative growth opportunities on the back of increasing replacement rate of mechanical technologies. Moreover, the prices of three-dimensional laser scanners varies from several hundreds to thousands and are highly adopted by end use industries.

Currently, laser 3D scanners segment accounts for over 50% of market share across the globe and is expected to witness a healthy growth rate over the forecast period. However, several limitations in digitized objects is anticipated to pave way for other 3D scanning devices such as optical 3D scanners and structured light 3D scanners.

How is Rapid Digitization of Key Industries Driving Demand for 3D Scanners?

The global 3D scanner market has remained fragmented and geographically concentrated over the historical years. However, increasing greenfield and brownfield investments across end use industries is pushing market actors to shift their focus towards other mainstream applications.

As a result, industry leaders in the global 3D scanner market such as Hexagon and FARO have introduced new portable 3D scanners with high speed, automation, and user-friendly features to acquire greater market share in the coming years.

Furthermore, continuous emphasis on efficient 3D scanners along with greater focus on digitization and industry 4.0 has spiked consumer interest across the globe. This is anticipated to boost the growth of the overall supply chain in the global market for 3D scanners.

Country-wise Analysis

What is the Growth Outlook for 3D Scanners in Asia?

Automation and Infrastructure Sectors Creating Opportunities for 3D Scanners

Rapidly growing automation and infrastructural industry is playing a key role in the increasing demand for 3D scanners. China is the world’s largest producer of vehicles and holds a lions share for the automotive industry.

Furthermore, increasing population and migration to larger cities has paved ways for adoption of 3D scanners. Thus, Asia Pacific is expected to register a CAGR of over 18% in the assessment period for 3D scanners.

Why are 3D Scanner Manufacturers Foraying into North America?

Rising Popularity of Animation and Entertainment Industry Prompting Increased Usage

Presence of end user industries such as aerospace, defence, healthcare and entertainment is driving the demand for 3D scanners. Moreover, production of animation movies has upsurged in countries like U.S. and Canada as production houses have shown a growing inclination towards investing in animation films.

Moreover, end user industries in North America are investing in 3D scanners as it saves on time and increases the production rates of products. Thus, North America is expected to hold more than 30% market share for 3D scanners.

Category-wise Insights

Which Configuration Category of 3D Scanners is Likely to be Most Sought After?

Low-Cost Handheld 3D Scanners Creating Lucrative Opportunities

For last 10 years, the traditional, stationary 3D scanners have held the majority of the market share in the global 3D scanner market owing to quality assurance, labor shortage, and limited technologies. Moreover, the overall sales of stationary scanners in digital industry has seen a maturity phase, leading to immense potential for the handheld segment in the global 3D scanner market.

Furthermore, increasing popularity of low-cost 3D scanners is likely to support the increasing demand of handheld 3D scanners during the forecast period. As a result, the handheld 3D scanners segment is expected to register a growth of over 20% throughout the forecast period from 2022 to 2032.

Which End Use Industry is the Primary 3D Scanners User?

Design Efficiency Heightening Demand of 3D Scanners in Automotive Industry

Rapid urbanization and increase in transportation across the world has increased the demand for vehicles. As the demand for vehicles is for different purposes, the use of 3D scanners makes designing and assembling of different parts of vehicles easy.

In addition, using 3D scanners makes it easy for acquiring complex geometries and complexions of different vehicle models. Due to the use of 3D scanners, the making and usage of end product increases efficiently. Thus, the automotive industry is expected to possess a market share of more than 40% for 3D scanners.

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.

Key Segments Covered in 3D Scanner Industry Analysis

• 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
  • Other End Use Industries

• By Application

  • Quality Control & Inspection
  • Reverse Engineering
  • Virtual Simulation
  • Other Applications

• By Technology

  • Laser Triangulation-based 3D Scanners
  • Pattern Fringe Triangulation-based 3D Scanners
  • Laser Pulse Based-based 3D Scanners
  • Laser Phase-Shift based 3D Scanners