3D Scanner Global Market – Overview
The global 3D scanner market is showing immense growth; mainly due to the increase in demand for 3D scanners across global market. Growing demand for short-range 3D scanners in automotive sector is further fuelling the growth of 3D scanner market. Also, increasing focus on quality control is one major factor responsible for driving the market growth.
Technological advancements have played a major role in the development of 3D scanning technology. Steep increase in the adoption of 3D scanners for advanced medical treatments is one major factor driving the growth of 3D Scanner Market. Growing need to capture large volumes of 3D data for modelling and analysis is another major factor driving the growth of 3D scanner market. Hexagon AB, FARO Technologies, Inc., Nikon Metrology NV, Trimble Inc., Topcon Corporation, 3D Systems Corporation, 3D Digital Corporation, Perceptron Inc., Kreon Technology, and Carl Zeiss Optotechnik GmbH are the major investors in the 3D scanner market.
Based on type, laser 3D scanner type is expected to grow at the highest rate during the forecast period. This is owing to the easy availability of the product and convenience being offered to the users. Laser 3D scanners are increasing being used across various industry verticals such as automotive, healthcare, energy & power among others. According to a recent study report published by Market Research Future, the global market of 3D Scanner is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023).
However, high price of high resolution 3D scanners and lack of skilled personnel to handle these 3D scanners are major factors that may cause hindrance in the growth of 3D scanner market. Also, potential copyright issue is another major factor that may hamper the market growth.
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The prominent players in the 3D Scanner Market are – Hexagon AB (Sweden), 3D Systems Corporation (U.S.), Autodesk Inc. (U.S.), Faro Technologies Inc. (U.S.), Creaform Inc. (Ametek Inc.) (U.S.), Topcon Corporation (Japan), GOM mbH (Germany), Trimble Navigation Ltd. (U.S.), Nikon Metrology (Belgium), Carl Zeiss Optotechnik GmbH (Germany) among others.
October 2017 – Hexagon AB has acquired Kronion GmbH, a data management software firm. Kronion GmbH offers native 3D functionality and integration to product data management and product lifecycle management software, in addition to other customer systems.
May 2017 – Faro Technologies has acquired Nutfield Technology. This acquisition will help Faro Technologies in expanding its presence in key market areas and also improve its existing product lines. Nutfield Technology is basically into designing and manufacturing scanners and they also provides scan control hardware and software.
3D Scanner Global Market – Segmentation
The 3D scanner market can be classified into 3 key segments for the convenience of the report and enhanced understanding;
- Segmentation by Component: Comprises of Hardware, Software and Service
- Segmentation by Type: Comprises of Laser 3D Scanner and Structured Light 3D Scanner
- Segmentation by Product: Comprises of Tripod Mounted, Fixed CMM Based, Portable CMM Based and Desktop
- Segmentation by Range: Comprises of Short Range, Medium Range and Long Range
- Segmentation by Application: Comprises of Reverse Engineering, Quality Control & Inspection, Virtual Simulation and Others
- Segmentation by Vertical: Comprises of Energy & Power, Healthcare, Automotive, Aerospace & Defense and Others.
- Segmentation by Region: Comprises of Geographical regions – North America, Europe, Asia Pacific and Rest of the World.
3D Scanner Global Market – Regional Analysis
North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the 3D scanner market in North America owing to the presence of a large number of established key players such as FARO Technologies, Inc., Trimble Inc., 3D Systems Corporation, 3D Digital Corporation, Perceptron Inc., Capture 3D, Basis Software Inc., Maptek Pty Ltd., True Point Laser Scanning LLC, Next Engine, Exact Metrology, Trimet, 3D Scanco and Paracosm, Inc. among others. Also, U.S. is leading the market in North America due to the technological advancements and increasing demand for 3D scanners in automotive sector as well as advanced medical treatments in the region. 3D Scanner market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 due to increasing awareness advanced medical treatments in China, Japan, and India in the region. Also, the presence of established key players such as Carl Zeiss Optotechnik GmBH and Topcon Corporation is responsible for fuelling the growth of 3D scanner market. Whereas, the Europe market for 3D scanner is expected to grow at a considerable CAGR (2017-2023).
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3D Scanner Global Market – Competitive Analysis
The market of 3D scanner appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.
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