Chicago, June 08, 2022 (GLOBE NEWSWIRE) -- According to the new market research report by MarketsandMarkets™, the "3D Scanner Market by Offering (Hardware, Software and Solutions, Services), Type (3D Laser Scanners, Structured Light Scanners), Range, Technology, Product, Application, End-Use Industry, Region (2021-2026)", was valued at USD 892 million in 2020 and is estimated to reach USD 1.3 billion by the end of forecast period; growing at a CAGR of 7.5% from 2021 to 2026. The key factors driving the growth of the 3D scanner market is increased demand for automotive inspection propels the market growth.
3D scanner market for hardware segment is anticipated to account for highest market share.
Advancements in 3D scanning technology are making 3D scanners increasingly popular for metrology applications as they are fast and cost-effective. Optically tracked 3D scanning and probing systems use a set of cameras to track the location of the 3D scan head or probe in 3D space. These systems offer freedom of movement, ensure improved accuracy over distance, and can include dynamic referencing. Dynamic referencing systems work by attaching targets or light-emitting diodes (LED) lights to an object that is to be scanned. This allows cameras to track the object part to be scanned and scan or probe head separately from each other. The net result is that the part can be moving even while scanning resulting in no loss of accuracy or data quality. These advancements in 3D scanning systems is expected to drive the adoption in the global market.
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3D Laser scanner is estimated to hold over half of the market share of 3D scanner market during projected period.
Accuracy and versatility offered by 3d laser scanners contribute to their rapid adoption in different industries. Light amplification by stimulated emission of radiation (LASER) is an electronic device that produces light radiation through optical amplification. Laser scanners can capture thousands of data points of a physical object per second in dark and well-lit environments. The prime advantage of lasers in metrology and scanning applications is that they enable fast and noncontact measurement processes. They provide the exact locations of the coordinates of scanned objects to a system.
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104 - Tables
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The 3D scanner market for automotive is expected to account for largest share.
Increased requirement of inspection of automobiles using 3D scanners. Designing and styling of automobiles play an important role in the automotive industry. The rough design work is mostly carried out in a virtual environment, while clay model manufacturing or rapid prototyping are proven methods to apply the finishing touch to automobiles. 3D laser scanners offer speed and precision to quickly verify physical models and reverse engineer any shape modifications. They accurately capture freeform surfaces by acquiring thousands of measuring points per second without the involvement of a prototype.
Key Market Players
- Hexagon (Sweden),
- FARO Technologies (US),
- KEYENCE Corp. (Japan),
- Jenoptik (Germany),
- Nikon Corp. (Japan),
- ZEISS Group (Germany),
- Perceptron (US),
- Renishaw (UK),
- Creaform (Canada)….
3D scanner market in Europe to grow at healthy rate during forecast period.
The 3D scanner market in Europe continues to grow at a healthy rate owing to the increased demand in automotive and other industries such as heavy machinery, energy and power, and electronics also witness surged demand for these scanners. This is expected to drive the growth of the 3D scanner market during the forecast period. Europe is home to leading 3D scanner manufacturers such as ZEISS (Germany), Hexagon (Sweden), Renishaw (UK), and GOM (Germany). The key countries contributing to the growth of the market in the Rest of Europe include Sweden, Russia, Belgium, and the Netherlands.
Related Reports:
Industrial Metrology Market by Offering, Equipment, Application (Quality & Inspection, Reverse Engineering, Mapping & Modelling), End-User Industry, Geography (2021-2026)
