The global 3D Scanning Market is estimated to be valued at USD 2100.0 Mn in 2022 and is expected to exhibit a CAGR of 19.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
A) Market Overview:
The 3D scanning market is experiencing significant growth due to advancements in technology. This technology is used to capture the physical world and convert it into digital information, enabling improved design, analysis, and production processes across various industries. The increasing demand for high-quality 3D models in applications such as reverse engineering, quality control, and inspection is driving the market growth. However, high costs associated with 3D scanning systems and the lack of skilled professionals to operate these systems are major obstacles in the market.
B) Market Key Trends:
One key trend in the 3D scanning market is the adoption of portable and handheld scanners. These compact and lightweight devices offer increased flexibility and ease of use compared to traditional stationary scanners. They are ideal for capturing 3D Scanning Market environments or for on-site inspections. For example, in the construction industry, portable 3D scanners are used for onsite measurements and to quickly obtain accurate as-built data for building information modeling (BIM) applications.
C) Segment Analysis:
The 3D scanning market is segmented based on the technology used, including laser scanning, structured light scanning, and others. Among these segments, laser scanning dominates the market due to its high accuracy and precision. Laser scanners use laser beams to capture the geometry of objects, making them suitable for applications that require detailed measurements. Additionally, advancements in laser scanning technology, such as long-range scanners and faster scanning speeds, further contribute to its dominance in the market.
D) Key Takeaways:
Paragraph 1: The global 3D scanning market is expected to witness high growth, exhibiting a CAGR of 19.2% over the forecast period, due to increasing demand for high-quality 3D models in industries such as automotive, aerospace, healthcare, and architecture. For example, in the automotive industry, 3D scanning is used for quality control and inspection of components, improving manufacturing efficiency.
Paragraph 2: In terms of regional analysis, North America is the fastest-growing and dominating region in the 3D scanning market. This can be attributed to the presence of major key players in this region, along with the increasing adoption of advanced technologies in industries such as healthcare, aerospace, and entertainment.
Paragraph 3: Key players operating in the global 3D scanning market are Trimble Inc., 3D Systems Inc., ShapeGrabber Inc., Creaform, Hexagon AB, GOM, 3D Digital Corp, Faro Technologies Inc., Autodesk, Inc., Topcon Corporation, and Maptek Pty Ltd. These companies are focusing on strategic partnerships, product innovations, and mergers and acquisitions to expand their market presence and offer advanced 3D scanning solutions.
In conclusion, the global 3D scanning market is experiencing significant growth due to advancements in technology. The adoption of portable and handheld scanners, along with the dominance of laser scanning technology, are key trends driving market growth. North America is the fastest-growing region in the market, and key players are focusing on strategic initiatives to strengthen their market position.
