3D Scanning Market Driven By Rising Adoption Of 3D Scanners In Healthcare And Automobile Sector Till 2025: Grand View Research, Inc.

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The global 3D scanning market is expected to reach USD 8.04 billion by 2025, according to report conducted by Grand View Research, Inc.The surging acceptance in healthcare and aerospace & automobile component designing arenas is expected to impel the market growth.

According to a report by Grand View Research, Inc., global 3D scanning market is anticipated to value USD 8.04 billion by 2025. Growing requirement for innovative and advanced inspection technology in various sectors attributed to reduction in cost of manufacture and increased efficacy can augment demand for 3D scanning.

Growing adoption of 3D scanners in healthcare and automobile sector to support component designing can augment growth of market. Surgeons and medical practitioners are expected to use 3D scanning technology in various surgical procedures. It can support surgeons in delivering cost-effective healthcare services and improving quality of care over next few years. In addition, increasing use of 3D technology in automotive sector for designing aerodynamic and lightweight carbon fiber automobiles can stimulate market growth. Moreover, rising demand for 3D scanners in architecture and engineering sector to develop realistic proto types is likely to fuel market growth during the forecast period (2014 to 2025).          

The 3D scanning market can be segregated on the basis of product, range, application, and region. Based on product, the market can be categorized into structured light scanner, laser scanner, and optical scanner. In 2015, 3D laser scanners segment dominated the market and accounted for largest market share equivalent to USD 2.26 billion. 3D scanning and post printing systems are expected to fuel growth of segment. They can allow users to dynamically modify their designs and build realistic proto types in architecture and maritime sectors. Hence, the segment is expected to grow at similar pace during the forecast period owing to low cost.

Full Research Report On 3D Scanning Market Analysis: www.grandviewresearch.com/industry-analysis/3d-scanning-industry

North America 3D scanning market, by product, 2014 – 2025 (USD Million)

North America 3D scanning market, by product, 2014 - 2025 (USD Million)

On the contrary, structured light scanner segment is predicted to grow fast and account for CAGR of 10.4% during the forecast period.

Based on range, the market can be classified into medium range, short range, and long range. In 2015, short range 3D scanners segment dominated the market and accounted for 67.9% market share. Portability and low cost of this device is likely to fuel its demand. In addition, growing awareness regarding application of such scanners including material inspection, product designing, and modeling can augment growth of segment during the forecast period.

On the contrary, medium range segment is expected to witness significant growth over the forecast period. These scanners can operate within range of 1 meter to 300 meters and find numerous applications in civil engineering, architecture, archeology, and heritage. In addition, morbidly priced medium range scanners can supplement requirement of long range scanners too. This, in turn can fuel growth of segment over the forecast period.  

Based on application, the market can be divided into aerospace & defense, healthcare, architecture & engineering, industrial manufacturing, and other. In 2015, industrial manufacturing application segment dominated the market and accounted for 38.8% market share. Growing adoption of 3D scanning in automotive designing and manufacturing, material processing, and plant inspection can augment growth of segment during the forecast period.  

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Global 3D Scanning Market, 2015

Global 3D Scanning Market, 2015

Regional segmentation includes Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. In 2015, North America dominated the market and accounted for 32.6% market share to become one of most influential markets in 3D scanning vertical. Based on advanced technology, touch screen laser scanning models are likely to deliver high screen resolution to deliver vibrant graphics and improved user experience. The region is expected to grow at similar pace over the forecast period attributed to rising R&D spending. In addition, rising adoption of 3D scanning technology in automotive sector and environmental scanning and modelling operations can augment growth.

On the contrary, Asia Pacific is expected to witness significant growth during the forecast period attributed to growth opportunities generated from architectural sector and industrial manufacturing.

Some of the leading companies offering 3D scanning are Nikon Metrology NV; David Vision Systems GmbH; FARO Technologies; Autodesk, Inc.; and Fuel3D Technologies Limited. Most suppliers are likely to get involved in supply contracts for some raw material and related components to counter price volatility of market state. These contracts are expected to have terms ranging from one month to one year in order to lock-in prices and manage risks pertaining to raw material supply shortages. In some cases there can exist low level vertical integration among raw material suppliers and manufacturers.

Grand View Research has segmented the global 3D scanning market on the basis of component type, application type, and region:

3D Scanning Product Outlook (Revenue, USD Million; 2014 – 2025)

  • Laser Scanner
  • Structured Light Scanner
  • Optical Scanner

3D Scanning Range Outlook (Revenue, USD Million; 2014 – 2025)

  • Short range
  • Medium range
  • Long range

3D Scanning Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Industrial manufacturing
  • Aerospace & Defense
  • Healthcare
  • Architecture & Engineering
  • Other

3D Scanning Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

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