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Increasing demand for quality control and inspection to drive the growth of the 3D scanner market
The 3D scanner market is expected to grow from USD 3.76 billion in 2017 to USD 5.90 billion by 2023, at a CAGR of 7.8% between 2017 and 2023. The key factors driving the growth of the 3D scanner market include the increasing awareness about advanced medical treatment, rising need to capture large volumes of 3D data for modelling and analysis, and growing demand for quality control and inspection application. However, the availability of lowcost altenatives to 3D scanning is restraining the growth of the 3D scanner market.
Rising inspection applications in automotive and aerospace defense industries to drive the growth of the 3D scanner market for quality control
Quality control inspection applications accounted for the largest share of the 3D scanner market in 2016. Automotive and aerospace defense are the major industries wherein 3D metrology is used for quality control inspection applications. 3D scanners are increasingly being used in the automotive industry to ensure accuracy and precision in all the areas of a vehicle plant and to inspect the automotive components, powertrain components, and full body of vehicles.
Automotive industry holds the largest share of the 3D scanner market
The automotive industry accounted for the largest share of the 3D scanner market in 2016. The optical 3D scanning technology is widely used in the automotive industry for quality control and inspection applications to ensure that the components manufactured are within specified tolerance levels. Optical 3D scanners are fast and flexible and have proven to meet strict automotive production requirements. For instance, in bodyinwhite BIW assembly, 3D scanners precisely measure and monitor the locations of slots, studs, holes, and other features to ensure conformity to strict automotive tolerance.
3D ccanner market in APAC to grow at a high rate between 2017 and 2023
Asia Pacific APAC holds huge growth opportunities for the 3D scanner market; the market in this region is expected to grow at a high rate between 2017 and 2023. This region comprises developing economies, such as China and India, which holds huge potential for 3D scanning applications. Some of the major factors driving the growth of the 3D scanner market in APAC include the rising number of engineering and infrastructure projects, increasing preference for custom implants in medical applications to ensure better and faster recovery, and growing number of dental restoration surgeries in this region.
The breakup of the profile of primary participants has been given below:
By Companies: Tier 1 33 %, Tier 2 45%, and Tier 3 22%
By Designation: Clevel Executives 33%, Directors 25%, and Others 42%
By Region: North America 35%, Europe 29%, Asia Pacific 24%, and RoW 12%
The key players operating in the 3D scanner market include Hexagon AB Sweden, FARO Technologies, Inc. US, Nikon Metrology NV Belgium, Trimble Inc. US, and Topcon Corporation Japan, 3D Systems Corporation US, 3D Digital Corporation US, Perceptron Inc.US, Kreon Technology France, Carl Zeiss Optotechnik GmBH Germany, Shapegrabber Canada, Fuel 3D UK, Arctec 3D Luxemburg, Capture 3D California, Creaform, Inc. Canada, Basis Software Inc. US, Maptek Pty Ltd. US, True Point Laser Scanning LLC US, Next Engine California, Shinning 3D China, RangeVision Russia, Exact Metrology US, Trimet US, 3D Scanco US, and Paracosm, Inc. US.
The 3D scanner market has been segmented on the basis of offering, type, range, product, application industry, and geography. The market, on the basis of offering, has been further segmented into hardware software and aftermarket services. The market, on the basis on type, includes laser 3D scanners and structured light 3D scanners. On the basis of range it is segmented into short, medium and long range. On the basis of product, the 3D scanner market has been segmented into tripod mounted, fixed CMM based, portable CMM based, and desktop. On the basis of application, the market has been segmented into reverse engineering, quality control inspection, virtual simulation, and others. The 3D scanner market, on the basis of industry, has been divided into automotive, healthcare, aerospace defense, architecture construction, energy power, tunnel mining, artifacts heritage preservation, and others. On the basis of geography, the market has been segmented into the Americas, Europe, Asia Pacific, and Rest of the World.
Reasons to Buy the Report:
The report would help the market leaders/new entrants in this market in the following ways:
This report segments the 3D scanner market comprehensively and provides the closest approximations of the sizes of the overall market and subsegments for different applications and across various regions.
The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities pertaining to the market.
Original Article: 3D Scanner Market by Offering Hardware Software, Aftermarket Service, Type Laser, Structured Light, Range, Product Tripod Mounted, Fixed CMM Based, Portable CMM Based, Desktop, Application, Industry, and Geography Global Forecast to 2023 [Report UpdatedNEXT ARTICLE
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