3D Scanning Market Size to Hit CAGR of 25.7% by 2025: Analysis of Key Players Faro Technologies, Inc., Creaform, Inc., Direct Dimensions, Inc., GOM mbH, Konica Minolta, Inc., 3D Digital Corporation, Autodesk, Inc., 3D Systems

Summary

The global 3D Scanning Market was valued at $8,427.0 million in 2017, and is projected to reach $53,345.0 million by 2025, registering a CAGR of 25.7% from 2018 to 2025. North America was the highest contributor to the global market, with 39% of the market share in 2017, registering a CAGR of 23.1% during the forecast period 2018-2025.

3D Scanning Market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.

The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Get sample copy for this report @ https://www.bigmarketresearch.com/request-sample/3297586?utm_source=OPR&utm_medium=Shraddha_k

The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.

Aimed to provide most segmented consumption and sales data of different types of 3D Scanning, downstream consumption fields and competitive landscape in different regions and countries around the world, this report analyzes the latest market data from the primary and secondary authoritative source.

3D Scanning Market Overview:

The global 3D scanning market was valued at $8,427.0 million in 2017, and is projected to reach $53,345.0 million by 2025, registering a CAGR of 25.7% from 2018 to 2025. North America was the highest contributor to the global market, with 39% of the market share in 2017, registering a CAGR of 23.1% during the forecast period 2018-2025.

3D scanning is a process that captures the three-dimensional attributes of an object along with information such as color and texture. This technology helps save time, cost, and efforts during a manufacturing process and thus, improves the quality of the output. 3D scanners substantially capture the dimensions of physical objects using laser, light, or x-rays and create point clouds, which are then used to produce a 3D representation of the scanned object using software. Nowadays, 3D scanners have emerged as powerful tools aerospace & defense, automotive, entertainment & media, construction, healthcare, and several other sectors.

Global 3D Scanning Market: Regional Segment Analysis

USA
Europe
Japan
China
India
South East Asia

The key players profiled in the report include Faro Technologies, Inc., Creaform, Inc., Direct Dimensions, Inc., GOM mbH, Konica Minolta, Inc., 3D Digital Corporation, Autodesk, Inc., 3D Systems, Inc., ShapeGrabber, and Maptek Pty Ltd.

Top Impacting Factors

Increase in Demand For 3D Scanners

3D scanning technology has been gaining popularity in numerous industries such as healthcare, manufacturing, entertainment, construction, and automobile. The applications of 3D scanners are on the rise in reverse engineering, rapid prototyping, quality inspection, body scans, and numerous other services. In addition, the adoption of efficient scanning technology is on the rise in healthcare applications due to increased income level, enhanced medical facilities, and improved awareness regarding hygiene. 3D scanners facilitate highly accurate diagnosis of anomalies in the human body. The same property is responsible to drive its growth in social security applications such as body scans at airports, CCTV surveillance, and others.

Technological Advancements

Owing to the technological revolution, numerous sophisticated imaging applications are being rolled out in the market. To support sophisticated imaging and printing applications, 3D scanners are an integral element in the overall value chain. Laser 3D scanning is already popular in healthcare applications and is increasingly being adopted in the entertainment & media industry. Technological advancements have been enabling end users for depth scanning in industries such as civil infrastructure, construction, mining, and entertainment. Thus, the demand for sophisticated as well as accurate end deliverables is influenced owing to availability of efficient technological products.

Price Sensitivity

Customers are sensitive regarding price differences in efficient 3D technology solutions and conventional 2D alternatives. 3D scanning solutions are expensive over their 2D alternatives. Hence, 3D scanners products are preferred by the companies/customers that need highly sophisticated end deliverables. Customers/companies have a special budget assigned for expensive services to help afford 3D scanning solutions. In the market, most of the players are small and medium-sized companies. Such companies need efficient products, however, owing to high prices, they cannot afford 3D services and prefer 2D alternatives by compromising on quality.

Dependence of Market Growth on Non-3D Businesses

The 3D scanning market is dependent on its users. However, owing to expensive products, individual customers share a very small share of the overall market. The larger section of the market share is occupied by business users or in short, companies or organizations. Customers of 3D scanning technology are companies operating in industries such as automobile, healthcare, and entertainment. The impact of the overall economic condition on these industries also affects the dependent 3D scanning market. Therefore, companies in adverse economic conditions or with a low budget choose to avoid expensive 3D technology solutions.

Growing 3D Printing Market Generating Demand

The 3D printing market has been experiencing rapid growth in the global market. The 3D printed objects are adopted for purposes such as prototype building, modeling of objects, manufacturing of products in industries such as consumer goods, and apparels. To get a 3D print of objects, the HD reference is essential. Such references are generally prepared by capturing details of real objects. Capturing details of real objects is facilitated by the 3D scanning process. Hence, increase in usage of 3D printing is expected to generate additional opportunities for 3D scanning adoption.

Historical Site Preservation by 3D Scanners

3D scanning technology is advantageous while preserving and maintaining historical sites & monuments. The handheld laser scanners or highly accurate optical scanners help to record the details of an object with fine detailing. Such recording is useful while maintaining the reference of an object. In addition, it also helps to identify any deformations or damages to sculpture or structures. The government policies regarding the maintenance of such sites and historical monuments are driving the market growth in the European countries. In the Asian countries, increased focus on the tourism sector is expected to drive the sophisticated maintenance of historical sites. 3D scanning technology is beneficial for the sophisticated maintenance of sites, which provides high level of quality inspection.

Key Benefits for Stakeholders

This study comprises an analytical depiction of the global 3D scanning market with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2025 to benchmark the financial competency.
Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.
The report includes the market share of key vendors and 3D scanning market trends.

The Global 3D Scanning Market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global 3D Scanning Industry analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

The report performs an industry chain analysis, focusing on upstream raw material suppliers and major downstream buyers. The data is highlighted through the use of tables and figures, which also include manufacturing cost structure and market channel analysis. Major players involved in the 3D Scanning Market industry are also delineated, along with their market share and product types.

The report segments the global 3D Scanning Market based on factors such as type, application, and region. For the historic period, extensive insights on value, market share, production, growth rate, and price analysis for each sub-segment is offered by the report. Additionally, the report also delves into regional production, consumption, export, and import for the historic period. The regions analyzed in the research include North America, Europe, China, Japan, Middle East & Africa, India, and South America. Finally, the current market status and SWOT analysis for each region are elaborated, which would assist market players to gain a competitive edge by determining the dominant segments.

For the future period, sound forecasts on market value and volume are offered for each type and application. In the same period, the report also provides a detailed analysis of market value and consumption for each region. These insights are helpful in devising strategies for the future and take necessary steps. New project investment feasibility analysis and SWOT analysis are offered along with insights on industry barriers. Research findings and conclusions are mentioned at the end.

The report mainly studies the size, recent trends and development status of the 3D Scanning market, as well as investment opportunities, government policy, market dynamics (drivers, restraints, and opportunities), supply chain and competitive landscape. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream applications. Moreover, Porter's Five Forces Analysis (potential entrants, suppliers, substitutes, buyers, industry competitors) provides crucial information for knowing the 3D Scanning market.

It also predicts that which of these regions will boost the market growth globally and help to generate maximum revenue in the industry.

The research clearly shows that the 3D Scanning industry has achieved substantial growth since 2027 with several important developments related to the industry. The report is prepared on the basis of detailed evaluation of the industry by experts. To conclude, stakeholders, investors, product managers, marketing executives, and other professionals seeking unbiased information on supply, demand, and future forecasts would find the report valuable.

Get Discount of this Report @ https://www.bigmarketresearch.com/request-for-discount/3297586?utm_source=OPR&utm_medium=Shraddha_k

Table of Contents:
Part I 3D Scanning Industry Overview
Chapter One 3D Scanning Industry Overview
Chapter Two 3D Scanning Up and Down Stream Industry Analysis
Part II Asia 3D Scanning Industry (The Report Company Including the Below Listed But Not All)
Chapter Three Asia 3D Scanning Market Analysis
Chapter Four 2014-2027 Asia 3D Scanning Productions Supply Sales Demand Market Status and Forecast
Chapter Five Asia 3D Scanning Key Manufacturers Analysis
Chapter Six Asia 3D Scanning Industry Development Trend
Part III North American 3D Scanning Industry (The Report Company Including the Below Listed But Not All)
Chapter Seven North American 3D Scanning Market Analysis
Chapter Eight 2014-2027 North American 3D Scanning Productions Supply Sales Demand Market Status and Forecast
Chapter Nine North American 3D Scanning Key Manufacturers Analysis
Chapter Ten North American 3D Scanning Industry Development Trend
Part IV Europe 3D Scanning Industry Analysis (The Report Company Including the Below Listed But Not All)
Chapter Eleven Europe 3D Scanning Market Analysis
Chapter Twelve 2014-2027 Europe 3D Scanning Productions Supply Sales Demand Market Status and Forecast
Chapter Thirteen Europe 3D Scanning Key Manufacturers Analysis
Chapter Fourteen Europe 3D Scanning Industry Development Trend
Part V 3D Scanning Marketing Channels and Investment Feasibility
Chapter Fifteen 3D Scanning Marketing Channels Development Proposals Analysis
Chapter Sixteen Development Environmental Analysis
Chapter Seventeen 3D Scanning New Project Investment Feasibility Analysis
Part VI Global 3D Scanning Industry Conclusions
Chapter Eighteen 2014-2027 Global 3D Scanning Productions Supply Sales Demand Market Status and Forecast
Chapter Nineteen Global 3D Scanning Industry Development Trend
Chapter Twenty Global 3D Scanning Industry Research Conclusions

Contact Us:
Mr. Abhishek Paliwal
Big Market Research
5933 NE Win Sivers Drive, #205, Portland,
OR 97220 United States
Direct: +1-971-202-1575
Toll Free: +1-800-910-6452
Email: help@bigmarketresearch.com

About Us:
Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.

This release was published on openPR.