Global 3D
Scanning Market strategic research study
offers company accounts, industry investors, and industry members with
consequential insights to enable them to make reliable strategic decisions
regarding the opportunities in the global market.
In this report, we
thoroughly examine and analyse the Global market for 3D Scanning so that market
participants can improve their business strategy and ensure long-term success.
This report provides players with useful information and suggests result-based
ideas to give them a competitive advantage in the global 3D Scanning industry. It
will show how other players compete in the global 3D Scanning Market and
explain the strategies you use to differentiate yourself from other
participants.
This Research Report Answers
the Following Questions:
·
How 3D
Scanning market will
grow in the coming year?
·
Will the COVID-19 pandemic surge the demand for such platforms?
·
How are key companies planning to promote benefits of 3D Scanning?
·
What are the industry growth drivers, obstacles, and dynamics?
·
Which segment is expected to lead in the coming years?
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Industry Insights
The global 3D scanning
market size was valued at USD 3.32 billion in 2015 and is anticipated to reach
USD 8.04 billion by 2025. The 3D scanning market is anticipated to experience a
robust growth on account of rising implementation in numerous end-applications
including reverse engineering, quality control and rapid prototyping. In
addition to offering quick results with better efficiency, the technology is
easily affordable and economical. Other technological improvements and
innovations with respect to 3D scanners such as handheld 3D scanners are also
anticipated to serve the market.
Suppliers and manufacturers
of hardware and developers of software solutions emphasize on operational ease
and continuous enhancements in workflow. Subsequently, making technology easily
accessible to professional users and thereby driving sales. The downside of
this technology is the understanding and analysis of complex applications such
as point cloud management, application to a CAD authoring which may hamper 3D
scanning market growth. Therefore, ease-of-use of these workflow management
techniques has become a priority for a client’s success with the product.
The 3D scanning market is
price elastic and identified by technological advancements and extreme
competition. Currently, high-priced scanners pose a challenge in the market;
however, it is expected that in the coming years, the impact may decrease as
suppliers concentrate on introducing low-budget devices and achieving economies
of scale.
Application Insights
Several industries confront
challenges in terms of safety, cost and schedule which usually stem out of
control due to inadequate and erroneous dimensional procedures. In the
manufacturing and engineering sector, and 3D scanning plays a vital role as a
part of quality assessment and control systems. They help in reducing risks,
especially in fields where energy concentration is high, location access is
expensive and fabrication methods and modular design techniques are deployed
thereby driving market growth from 2014 to 2020.
Introduction of portable
scanners have spurred demand for the 3D scanning market thereby gaining
popularity for architecture applications. These products are widely used in
archaeology as they preserve and archive many architectural pieces from
museums. Utilization of 3D scanning systems offer an environment of historic
times by effectively setting up virtual museums by scanning for virtual museums
online or on-site and representing art pieces for multimedia presentations.
Techniques such as reverse engineering that are based on virtual restoration is
also anticipated to accelerate product acceptance across the architecture
sector. In addition, rising demand for media and entertainment is observed to
boost 3D scanning market.
Upsurge in 3D content
together with technological advancements have resulted in rapid product
launches and high-quality images and video distribution. Smartphone cameras
have witnessed significant progress in the past few years in addition to
original equipment manufacturers (OEM) upgrading their products with 3D imaging
capabilities.
Regional Insights
In 2013, North America
constituted for a significant percentage of the overall market. Structured
light scanners which are known for measuring 3D shapes of objects using cameras
and projected light patterns are anticipated to experience a high growth in the
regional market from 2014 to 2020. High demand for 3D scanners across various
application segments together with rising acceptance for portable scanners in
region including Latin America and Asia Pacific are expected to spur market demand
over the forecast period.
Competitive Insights
Key market participants
include Ametek (Creaform), 3D Digital Corp., FARO Technologies, Basis Software
Inc (Surphaser), Topcon and Maptek. Firms in the market primarily cater to a
broad range of applications across varied industries such as manufacturing,
aerospace, research & education and consumer products. The industry is
identified by a stiff competition with frequent mergers and acquisitions, in
the software and hardware industry. The market is expected to provide new
avenues to expand and grow by new product development of cost-effective 3D
scanners over the forecast period.
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