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The 3D scanner market is estimated to grow at a CAGR of 10.89% between 2022 and 2027. The size of the market is forecast to increase by USD 3,923.49 million. The growth of the market depends on several factors, including the increase in the adoption of portable handheld scanners, the increase in the use of 3D scanning in entertainment, and government support for 3D scanning technology.
This report extensively covers market segmentation by technology (laser triangulation and structured light), end-user (industrial manufacturing, healthcare, architecture and engineering, aerospace and defense, and others), product type (short-range, medium-range, and long-range), and geography (North America, APAC, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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The reports categorize the global 3D scanner market as a part of the global industrial machinery market. The parent, the global industrial machinery market, covers companies engaged in manufacturing industrial machinery and components covering presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
The increase in the adoption of portable handheld scanners is notably driving the market growth, although factors such as the high cost of 3D scanners may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key 3D Scanner Market Driver
One of the key factors driving the market growth is the increasing adoption of portable handheld scanners. Handheld portable 3D scanners of different types are available in the market, principally using laser triangulation or structured light technologies. These scanners provide professional handheld solutions offering advanced scanning quality with faster scan speed in high resolution. The wide adoption of handheld or portable 3D scanners in different industries is one of the driving factors for the growth of the market.
The handheld technology operates similarly to a video camera, as it captures objects in 3D with continuous scanning. These scanners also provide the user with real-time feedback, making the scanning process fast and simple. The audible and visual aids present in a handheld 3D scanner guide the user through the process. Using these handheld scanners, the captured data can be further used to optimize 3D models, using advanced algorithms and features for 3D digital representation.
Significant 3D Scanner Market Trend
Another key factor driving the market growth is the AI-based handheld 3D scanner. 3D scanners with AI are a growing trend that has the potential to revolutionize the worldwide 3D scanner business. By analyzing large volumes of data on a single device, AI reduces the user's effort. The use of AI in 3D scanners allows for the digitization of an object into a full-color 3D model utilizing a simple and straightforward scanning method. Artec 3D provides The Artec Leo is a portable 3D scanner with AI capabilities that may be utilized in a variety of industrial applications, including industrial design and manufacturing, healthcare, science and education, and animation and computer graphics.
Additionally, AI-based 3D scanners are not only meant to be used as measurement devices but can also help decision-makers in identifying and rectifying flaws. Henceforth, this trend in 3D scanners will create several opportunities for the futuristic growth of the market.
Major 3D Scanner Market Challenge
One of the key challenges to market growth is the high cost of 3D scanners. 3D scanners are among the most expensive instruments used in measurement/metrology, quality inspection, and reverse engineering. The price of these scanners is influenced by criteria such as accuracy, resolution, speed, size, scanning environment, integrated solution, and complexity. The price range of 3D scanners is determined by the end-user requirements for use in various applications. Accuracy is the most important influencing aspect because it is dependent on the technology used in the scanners; most low-cost 3D scanners have an accuracy threshold. Several industries, such as automotive and aerospace, require great resilience, which may be achieved by introducing 3D scanners into the manufacturing process. Hence, the higher costs of 3D scanners are becoming a challenge and hindering the growth of the market.
Key 3D Scanner Market Customer Landscape
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global 3D Scanner Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AMETEK Inc. - The company offers 3D scanners where users can digitize dent damage on metallic parts with an accuracy of up to 0.030 mm and a resolution of up to 0.050 mm with high repeatability and traceable certificate, under the brand name of HandyScan 3D.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth of the laser triangular segment will be significant during the forecast period. The laser triangulation technology used in 3D scanners provides high-accuracy measurements and, thus, is increasingly being adopted in the industrial manufacturing, aerospace and defense, architecture, and engineering industries.
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The laser triangular segment was valued at USD 2,397.31 million in 2017 and continued to grow until 2021. 3D laser scanners are used to enhance the quality control process in manufacturing plants by following inspection, statistical process control, and production part approval process. Among these, the production part approval process takes a longer time than traditional CMMs, but 3D scanners reduce the inspection time and generate faster results with automated reports. The wide use of laser triangulation technology in the automotive and aerospace, and defense industries will mainly drive the market during the forecast period.
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APAC is estimated to contribute 41% to the growth of the global market during the forecast period. Another region offering significant growth opportunities to vendors is North America. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market for 3D scanners is growing in the region due to the increasing adoption of 3D scanners in the aerospace and defense, and healthcare industries. The well-established nature of the aerospace and healthcare industries in North America is encouraging manufacturers in these industries toward the faster adoption of 3D scanners. The use of advanced 3D technologies, such as laser triangulation and structured light in 3D scanners, is leading to the increased deployment of 3D scanners in the above end-user segments.
The aerospace and defense industry has a strong presence in the US. Aerospace manufacturers in the country are very competitive regarding the incorporation of new technologies. The presence of aerospace manufacturers, such as Boeing, Airbus, UNITED TECHNOLOGIES, and Honeywell International, which have extensive distribution systems, highly-skilled workers, and strong support from the Federal Aviation Administration (FAA), drives the growth of the US aerospace industry.
The growth of the regional market was hindered due to the rapid spread of the COVID-19 pandemic. However, vendors in the region are adopting several strategies, such as product innovations, new launches, and acquisitions, to increase their presence and growth in the region.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Technology (Laser triangulation and Structured light), End-user (Industrial Manufacturing, Healthcare, Architecture and Engineering, Aerospace and defense, and Others), Product Type (Short-range, Medium-range, and Long-range), and Geography (APAC, North America, Europe, South America, and Middle East and Africa).
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3D Scanner Market Scope |
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Report Coverage |
Details |
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Page number |
191 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 10.89% |
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Market growth 2023-2027 |
USD 3,923.49 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
9.55 |
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Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 41% |
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Key countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
3D Systems Corp., AMETEK Inc., Artec Europe Sarl, Atlas Copco AB, Capture 3D Inc., Carl Zeiss AG, FARO Technologies Inc., Fuel3D Technologies Ltd., Hexagon AB, Kreon Technologies, Metrologic Group SAS, NextEngine Inc., Nikon Corp., Quality Vision lnternational lnc, RIEGL Laser Measurement Systems GmbH, Shining 3D Tech Co. Ltd., SMARTTECH 3D, TOPCON Corp., Trimble Inc., and Zoller and Frohlich GmbH |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by End-user
8 Market Segmentation by Product Type
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Trends
12 Vendor Landscape
13 Vendor Analysis
14 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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