Global 3D scanner market is expected to grow at a CAGR of 11.69% over the forecast period to reach a total market size of US$8.096 billion by 2023, increasing from US$4.171 billion in 2017. Rising demand for customized clothing is spurring the demand for 3D scanners to obtain accurate physical measurements. Growing adoption of reverse engineering services in various industry verticals such as automobile, defense, aerospace, and manufacturing is significantly driving the demand for 3D scanners worldwide. Increasing cases of terrorist attacks have further augmented the demand for 3D scanners for scanning face/body for security surveillance at airports and other public places. Factors such as technological advancement and development of handheld 3D scanners are projected to expand the global 3D scanner market in the forthcoming years. Furthermore, the increasing demand for whole-body scanners to get deep insights into the medical problem will also propel the growth of the 3D scanner market in the healthcare sector. However, factors such as high prices of 3D scanners are hindering the market growth during the forecast period.
3D Scanner market is segmented by type as optical scanners, laser scanners, and structured light scanners. Laser Scanners held the largest share in 2017 and is estimated to remain at its position by the end of the forecast period. This growth is attributed to the ease of usage and availability of laser scanners in the market coupled with emerging trend toward 3D design and presentation. However, optical scanners are projected to witness the fastest market growth owing to increasing applications of scanning technologies such as bar codes, Magnetic Ink Character Recognition (MICR), and Radio Frequency Identification (RFID) tags in packaging industry, banking and finance industry, and education sector among other industry verticals. Structured Light Scanner (SLS) market will also experience considerable growth due to rising demand for photographic and bathymetric maps of the sea floor for environment study purposes as well as for archaeological sites.
By industry vertical, global 3D scanner market has been segmented as healthcare, military and defense, media and entertainment, manufacturing, construction, and others. Media and Entertainment accounted for the largest share of global 3D scanner market in 2017. Increasing demand for more visual effects shots in the commercials and movies is forcing the entertainment industry to utilize 3D technology in the most exciting and experimental ways, thereby leading to the high demand for 3D scanners.
By geography, global 3D scanner market has been segmented as North America, South America, Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC) regions. North America accounts for the largest share of global 3D Scanner market in 2017 and is projected to remain at its position throughout the forecast period. This growth is attributed to the strong presence of key players in the region offering state-of-the-art 3D scanner products coupled with rising adoption of VDI/VDE regulations that define 3D scanner specifications.
European 3D Scanner market will witness a considerable growth during the forecast period owing to rising manufacturing and automotive industry in the region. However, Asia Pacific region is anticipated to witness the fastest regional market growth during the forecast period due to rising demand for 3D scanners and its applications by automotive, architecture, construction, and healthcare sectors.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the 3D printing market.
Key industry players profiled as part of the report are Perceptron, Hexagon, Faro Technologies, Nikon Metrology, and GOM among others.
3D scanner market has been analyzed through the following segments:
By Industry Vertical