3D Scanning Market Growth Analysis, Share, Demand by Regions, Types and Analysis of Key Players- Research Forecasts to 2022
A research study titled, “3D Scanning Market by product Type - Global Industry Analysis and Forecast to 2022” published by Crystal Market Research, states that the 3D Scanners Market Is Projected To Be Around $3.66 Billion By 2022.
In 2012, the Global 3D scanning market was evaluated over USD 1.70 billion and is anticipated to reach around USD 3.66 billion by 2022, while maintaining a compound annual growth rate (CAGR) of 7.12% during the forecasted period.
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3D Scanning - Competitive Outlook and Trend Analysis:
Major market players operating in the global 3D scanning market are; Nikon Metrology NV, Steinbichler Vision Systems (SVS), Inc., 3D Systems, Ametek, Inc., Fuel3D Technologies Limited, 3D Digital Corp., Hexagon AB, Basis Software Inc, FARO Technologies, Inc., Creaform Inc., David Vision Systems GmbH, and Autodesk Inc., etc. Owing to the presence of numerous market players, companies are focusing on investing in research and development to develop pioneering products to assist in gaining market share and tolerate the increasing competition. The industries choose reverse engineering as a 3D scanning service due to its efficient modification and study of market specific products.
3D Scanning - Industry Trend Analysis:
This is due to the active application range of 3D scanners plus the linked software. The 3D scanning can be utilized for a range of objectives that involves developing high-volume tailored products for the medical industry, enhancing existing products, and for seizing lost designs. In the production sector, 3D scanning has issued as a vital element of modern inspection and quality control systems. Production sector undergoes numerous challenges, wherein schedule, cost, or safety, have gone up further than the set monetary limits, due to incorrect and inadequate dimensional control processes. The providers look for the counter cost instability of industry state, by enrolling into supply agreements for few of the staples and linked elements, with terms arraying from about one year to one month, to facilitate lock-in costs and to supervise the risks concerning the raw material supply deficits. In a few cases, there subsists a low-level vertical integration amongst the staple providers and producers.
3D Scanning - Product Outlook and Trend Analysis:
The industry share of structured light scanners is projected to develop at a compound annual growth rate of around 10.4%, hence providing it the top growing section. In 2015, the 3D laser scanners section held the major share, producing revenue of approximately over USD 2.26 billion. The 3D scanning, as well as post-printing systems, are firm evidences of speedy advancements in the laser 3D scanning section, thus accepting users to vigorously alter their designs and build sensible prototypes in the architecture sector and maritime industries.
The Global 3D scanning market is segmented as follows:
3D Scanning - By Product: Optical Scanner, Laser Scanner and Structured Light Scanner
3D Scanning - By Range: Short range, Medium range, Long range
3D Scanning - By Application: Aerospace & Defense, Healthcare, Industrial manufacturing, Architecture & Engineering, Other Applications
3D Scanning - By Region: North America, U.S, Canada, Mexico, Europe, Germany, France, UK, Italy, Spain, Rest of Europe, Asia-Pacific, Japan, China, Australia, India, South Korea, Rest of Asia Pacific, Rest of the World, Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
3D Scanning - Application Outlook and Trend Analysis:
3D scanning has an extensive range of applications in numerous fields counting aerospace & defense, industrial manufacturing, architecture & engineering, healthcare, and other associated 3D scanning application fields. In 2015, amongst all, the application segment of industrial manufacturing seized the major industry share of around 38.8%, assigned to the 3D scanning’s dynamic solicitations in manufacturing, material processing, and automotive designing and plant monitoring applications.
3D Scanning - By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
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3D Scanning - Regional Outlook and Trend Analysis:
In 2015, North America held a major share of over 32.6% and has turn out to be amongst the most dominant regional markets in the global 3D scanning segment. The latest instinctive touch-screen laser scanning models render high screen resolution, thus presenting vivacious graphics and a superior experience for users. The laser scanner section contributed a key fraction of sales of the application-based 3D scanner worldwide. North America region is estimated to come out as one of the top regional markets, due to the increased R&D expenditure together with the elevated adoption rate for 3D scanning technology in the environmental scanning, modeling operations, and automotive sector. The Asia Pacific regional market is projected to experience massive growth chances from architectural and industrial manufacturing sectors during the forecast years. The Asia Pacific is likely to experience considerable growth during the projected period.
3D Scanning Market - Table of Contents:
- Introduction
- Executive Summary
- Market Overview
- 3D Scanning Market, By Product
- 3D Scanning Market, By Range
- 3D Scanning Market, By Application
- 3D Scanning Market, By Region
- Company Profiles
3D Scanning - List of Tables:
Table 1.3D Scanning Market, By Product ($Million), 2012-2022
Table 2.Optical Scanner Market, By Region ($Million), 2012-2022
Table 3.Laser Scanner Market, By Region ($Million), 2012-2022
Table 4.Structured Light Scanner Market, By Region ($Million), 2012-2022
Table 5.3D Scanning Market, By Range ($Million), 2012-2022
Table 6.Short range Market, By Region ($Million), 2012-2022
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3D Scanning - List of Figures:
Figure 1.3D Scanning Market Share, By Product, 2012 & 2022 ($Million)
Figure 2.3D Scanning Market, By Range, 2012 & 2022 ($Million)
Figure 3.3D Scanning Market, By Application, 2012 & 2022 ($Million)
Figure 4.3D Scanning Market, By Region, 2016, ($Million)
Figure 5.Autodesk Inc.: Net Revenues, 2014-2016 ($Million)
Figure 6.Autodesk Inc.: Net Revenue Share, By Segment, 2016
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Key findings of the 3D Scanning Market -
Technological advancements, falling costs of laser technology and expansion of developing countries are the major driving factors stimulating the global market growth while elevated cost of 3D Scanners and its implementation are the restraints for the growth of industry over forecast period.
In Asia-pacific region, the rise in product demand for various industrial manufacturing processes is anticipated to boost the market growth, thus the Asia-pacific will rule the global market. It is followed by North American regional market owing to increasing R&D spending in this region.
The key market contributors include Nikon Metrology NV, 3D Systems, Fuel3D Technologies Limited, Autodesk, Inc., 3D Digital Corp., Basis Software Inc., Hexagon AB, FARO Technologies, Inc. and David Vision Systems GmbH.
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Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customised research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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