3D Scanning Market Trajectory and Analytics 2021 to 2025 - 3D Systems Inc., CREAFORM, GOM, Faro Technologies Inc., Topcon Corporation

3D Scanning market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2021 to 2025 are profiled in this report.

The 3D scanning market was valued at USD 1.428 billion in 2020, and it is expected to reach USD 4.69 billion by the end of 2025, with a CAGR of 22.21% during the forecast period (2021 - 2025).

The 3D Scanning market is highly competitive and consists of a number of major players: 3D Systems Inc., CREAFORM, GOM, Faro Technologies Inc., Topcon Corporation, Maptek Pty Ltd, Autodesk Inc., 3D Digital Corp, Hexagon AB, ShapeGrabber Inc., Trimble Inc.

Company News and Updates:

- In July 2020 - Creaform launched MetraSCAN BLACK, a 3D scanner, which is equipped to measure complex parts and assemblies on the production floor for industries, such as automotive, power generation, and heavy industries. With capabilities to perform metrology-grade 3D measurement and inspection, the MetraSCAN could also integrate quality control, quality assurance, inspection, MRO, or reverse engineering workflow.
- In February 2020 - Hexagon AB made available its structured light scanning technology as portable measuring arms with the new RS-SQUARED Area Scanner. The RS- SQUARED takes up to four square �tiles� of 3D point data per second while maintaining the high accuracy measurement of the touch probe across difficult-to-reach areas.

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Key Market Trends

Structured-light Scanner by Hardware Type to Drive the Market Growth

- A structured-light 3D scanner is a 3D scanning device for measuring the three-dimensional shape of an object using a single light source projecting multiple lines on the object being tracked by a camera or multiple cameras. This serves as a contrast to a laser scanner, which emits various laser dots on a single object, one after the other.
- Applications, such as reverse engineering of objects to produce CAD data, volume measurement of engineering parts, motion and environment capture for augmented reality games, body measurements for fashion retailing, automated optical inspection in high-speed manufacturing lines, and obstacle detection systems on unmanned aircraft, have been actively deploying structured light scanners.
- By offering capabilities, such as fast and no setup time, handheld 3D scanners make a convenient integration toward the same. Thus, multiple handheld 3D scanners for 3D printing have been deploying structured light technology. The technology uses trigonometric triangulation by projecting a pattern of light onto the object to scan.
- In August 2019, the Cobalt Design Structured Light Scanner family from FARO looked at 3D data capture capabilities across small, complex shapes with varied textures and color. The scanners could capture millions of measurement points in as little as a second, with up to 3.1 Mpx accuracy for small to medium complex objects. Recently launched Polyga�s H3 handheld 3D scanner offers structured-light as a base for a multi-imaging pattern for 3D capture, with prices starting at USD 9,990.
- However, a significant downside of this type of scanner, being sensitive to the lighting conditions in a given environment, poses a significant issue in working outside.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: 3D Scanning Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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