3D Scanning Market forecast expected to reach $ 5.06 bn by 2022

Press Release   •   Jan 29, 2018 06:43 EST

3D scanning is a technology which helps to capture high definition details of an object. 3D scanners are developed by using different technologies. Few are based on optical image sensing, whereas some of them scan use laser technology. Structured light is another emerging type of 3D scanning in which light strips are projected onto the object and its details are captured. Optical scanners are highly sophisticated in terms of quality of scans; laser scanners are portable solutions and hence commonly found in various applications. Structured light scanners are less portable; however, capture the details of an object from multiple viewpoints simultaneously. This technology optimizes the overall requirement of time, cost and efforts while regenerating an object. Hence, it is useful for generating prototypes while manufacturing new models in various industries such as an automobile, defense, and consumer goods among others.

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The 3D scanning market is driven due to various inspection applications such as oil & gas pipeline checking, building construction planning, aerospace, healthcare, and others. Sophistication in healthcare facilities is another key factor driving the market growth. The history of the adoption of new technology and link with the U.S. based companies had accelerated the advancement in North America region. The 3D scanners are used in numerous industries for several applications such as body scanning, prototyping, and security surveillance among others.

Further, the 3D scanning market is segmented on the basis of product, range, application, and region. In product segment, the data captured using 3D laser scanning is used by software’s to generate 3D models; it can be applied in several applications such as quality control & inspection, virtual simulation, and reverse engineering. On the basis of range segment, the short-range 3D scanning market held a significant share of over 40% in 2016. They are widely used when the distance between the object to be scanned and the scanner is less than one meter.

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The demand for the short-range scanners is largely driven by applications from automotive and healthcare segments, where high precision is needed at utmost importance. Further, in application segment, the growing demand from the healthcare industry is providing a growth impetus to the 3D scanning market owing to the availability of the advanced features which are helping medical practitioners to accurately measure a patient’s body size, shape, and skin-surface area. Ease of accessibility and low cost is making them appealing for widespread clinical applications. The market is segmented on the basis of five regions namely North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. The regional segment is bifurcated into various countries such as US, UK, France, Germany, China, Japan, India, and Brazil.

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North America and Europe held a significant share in the global market on account of heavy applications in industrial manufacturing and healthcare sectors.

The leading companies in 3D scanning market are Faro Technologies, Inc., Creaform Inc., Direct Dimensions Inc., GMbH, Konica Minolta, Inc., 3D Digital Corporation, Autodesk Inc., 3D Systems, Inc., ShapeGrabber and Maptek Pty Ltd. among others.

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