3D Laser Scanning Market Size, Share, Opportunities, And Trends By Scanner Type (Time Of Flight Laser Scanners, Phase Based Laser Scanners, Laser Triangulation Scanners, By Application (Prototyping, Data Acquisition), By Technology (Time Of Flight, Triangulation), By Industry Vertical (Building & Construction, Automotive, Aerospace, Mining, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : May 2023
  • Report Code : KSI061615361
  • Pages : 145

Market Overview:

Numerous old processes across various sectors are becoming obsolete or less effective as the digital revolution progresses. This is unquestionably the case in the engineering sector, where outdated procedures and equipment are being recycled in favor of faster, safer, and more affordable alternatives. One such instrument that is become an attractive alternative for surveyors, spatial scientists, and engineers looking to expedite procedures and work more effectively is 3D laser scanning. From forensics and archaeology to construction and civil engineering, laser scanners are employed in a wide range of sectors and applications. Engineers and contractors can use laser scanning technologies to lower risks, lower costs, and expedite project design and construction. The power, usefulness, and affordability of laser scanning are all set to increase, having an impact on a wide range of businesses. Like computing, the technology is merely getting smaller, less expensive, and simpler to operate.

Growth factors:

  • Innovation in the oil storage industry

Today, storing liquid fuels and other petrochemicals is a difficult undertaking all over the world. To begin with, the storage facilities must function according to set guidelines. A piping and instrumentation diagram (P&ID) is one of the techniques to guarantee this. Such diagrams were traditionally created by manually measuring the assets of a facility, which required a team of surveyors. Significant health and safety risks were present during the work, which was time- and cost-intensive. Now, this technique is aided by 3D laser scanning and the accompanying software programs. To produce more precise 2D P&IDs from 3D scan data, the UK-based Advanced 3D Laser Solutions Group (A3D) and their US partner HTS Advanced Solutions 3D laser scanned a sizable liquid storage terminal in Houston, Texas, in the summer of 2020. The businesses used two FARO Focus Laser Scanners along with FARO SCENE Software to do this work. A3D finished the job in about 10 months as opposed to the two to three years it would have taken to complete using conventional surveying methods.

  • The rising construction sector in Asia Pacific will increase demand for 3D scanners

Architecture, engineering, and construction require 3D scanning and mapping at every level, from the design to the inspection. One of the regions having a substantial share of the 3D laser scanner market is Asia Pacific. The market for 3D laser scanners is expected to provide promising opportunities in emerging economies in the Asia Pacific due to its growing application in surveying upcoming onshore and offshore projects, pipelines, and subsea models, among other things. With an increase in the growth rate of 7.4% in 2021 compared to 0.4% in 2020 for construction in the East Asia Pacific region (Source: data.worldband.org). The need for 3D scanners will rise as innovative technologies continue to advance and are used by the construction industry.

  • Increase in need for deep mining

Due to the growing need, the modern mining sector is extracting resources from deeper depths. About $90.4 billion in mineral commodities were generated by the US. mines in 2021, an increase of $9.7 billion over the previous year (Source: U.S. Geological Survey). Because underground mines are more dangerous and complex than surface operations, safety and productivity are top priorities in the mining sector. The modern mining industry's prosperity depends on technological innovation. Recent developments have improved the safety, effectiveness, and sustainability of mines. Since 3D laser mapping surveying gives advantages in accuracy and speed and can be used without affecting productivity flow, it has quickly surpassed traditional surveying techniques in large-scale projects. Within a few hours, a detailed map of the entire mine can be created.

Key developments:

  • October 2022: The launch of the brand-new FARO Focus Core Laser Scanner had been announced by FARO Technologies (FARO), a world leader in 4D digital reality technologies. For application-specific insights, the new product is fully integrated into the business workflow solutions. According to FARO, the laser scanner will specifically cater to the business's core markets, and the product is perfect for starting a customer's 3D capture experience.
  • September 2022: The acquisition of UK-based GeoSLAM, a pioneer in mobile scanning solutions with specialized high-productivity simultaneous localization and mapping (SLAM) software to produce 3D models for use in Digital Twin applications, was announced by FARO Technologies, Inc., a world leader in 4D digital reality solutions. Michael Burger, President, and CEO of FARO stated that they were excited to add GeoSLAM's handheld 3D scanning technology to our portfolio of cutting-edge data collection products.
  • August 2022: The newest iteration of Scantech's portable, pocket-sized 3D scanner SIMSCAN has been released, according to the industry leader in the design, production, and sales of high-tech 3D scanners. This upgraded 3D scanner set a new standard in metrology with its palm-sized design, outstanding scanning efficiency, low power consumption, and precision up to 0.020 mm. Compared to its previous version, SIMSCAN's 3D scanning efficiency has grown by 40% and its power consumption has decreased by 20%.

Covid-19 impact:

A high-quality 3D laser scan of a place lessens the need for engineers to travel physically to the area as COVID-19 has hastened the trend to online work. This scenario commonly occurred during lockdown; just a small number of engineers were required to do the scan, and clients thereafter received a virtual site visit. By eliminating the need for travel to workplaces, cutting carbon emissions from automobiles, and lowering health and safety hazards, this model can be successfully applied for a sustainable future as things continue to change. You can now download phone apps from vendors like Matterport to put 3D technology in your pocket.

Segmentation

  • By scanner type
    • Time of Flight Laser Scanners
    • Phase Based Laser Scanners
    • Laser Triangulation Scanners
  • By application
    • Prototyping
    • Data acquisition
  • By technology
    • Time of flight
    • Triangulation
  • By industry vertical
    • Building & Construction
    • Automotive
    • Aerospace
    • Mining
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • United Arab Emirates
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Australia
      • Indonesia
      • Thailand
      • Taiwan
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Covid-19 Scenario

1.3. Market Definition

1.4. Market Segmentation

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Driver

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of End-Users

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. 3D LASER SCANNING MARKET, BY SCANNER TYPE

5.1. Introduction

5.2. Time of Flight Laser Scanners

5.3. Phase Based Laser Scanners

5.4. Laser Triangulation Scanners

6. 3D LASER SCANNING MARKET, BY APPLICATION

6.1. Introduction

6.2. Prototyping

6.3. Data Acquisition

7. 3D LASER SCANNING MARKET, BY TECHNOLOGY

7.1. Time of Flight

7.2. Triangulation

8. 3D LASER SCANNING MARKET, BY INDUSTRY VERTICAL

8.1. Introduction

8.2. Building & Construction

8.3. Automotive 

8.4. Aerospace

8.5. Mining

8.6. Others

9. 3D LASER SCANNING MARKET, BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. USA

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. Germany

9.4.2. France

9.4.3. United Kingdom

9.4.4. Italy

9.4.5. Spain

9.4.6. Others

9.5. Middle East and Africa

9.5.1. Saudi Arabia

9.5.2. Israel

9.5.3. United Arab Emirates

9.5.4. Others

9.6. Asia Pacific

9.6.1. China

9.6.2. Japan

9.6.3. South Korea

9.6.4. India

9.6.5. Australia

9.6.6. Indonesia

9.6.7. Thailand

9.6.8. Taiwan

9.6.9. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Emerging Players and Market Lucrativeness

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Vendor Competitiveness Matrix

11. COMPANY PROFILES

11.1. Q-Plus Labs

11.2. Trimos

11.3. Artec

11.4. FARO

11.5. 3D Engineering Solutions

11.6. Service Works Global

11.7. NB Group

11.8. Global Design Solutions Inc.

11.9. Scantech (HANGZHOU) Co., Ltd

11.10. PEGS


Q-Plus Labs

Trimos

Artec

FARO

3D Engineering Solutions

Service Works Global

NB Group

Global Design Solutions Inc.

Scantech (HANGZHOU) Co., Ltd

 

PEGS