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North America Is The Second-Largest Region Accounting For 28% Of The Share In The Global 3D Laser Scanner Market During The Forecast Period

12-09-2022 07:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

North America Is The Second-Largest Region Accounting For 28%

In 2022, the market for 3D laser scanners is anticipated to be worth US$1,587.2 Million. The demand for 3D laser scanners is anticipated to increase over the forecast period as a result of their expanding applications in several end industries, including aerospace & defence, automotive, construction & architecture, and, others. It is anticipated that between 2022 and 2032, the global demand for 3D laser scanners will increase at a CAGR of 7.8%, reaching about US$ 3,378.4 Million.

A 3D laser scanner is a tool that uses a laser beam to digitally record the shape of real-world objects. A non-contact method called 3D laser scanning is used to examine actual objects to gather information about their size, shape, and appearance. In turn, 3D models are made using the gathered data.

Additionally, 3D scanning technology improves output quality while also saving time, money, and effort during the production process. In essence, 3D scanners use laser, light, or x-rays to capture the dimensions of real objects and produce point clouds, which are then applied to software to produce a 3D model of the scanned object. Additionally, the use of 3D printer scanners has grown significantly in a variety of industries, including aerospace & defence, automotive, healthcare, and others.

Due to the expanding automotive and healthcare sectors as well as the growing emphasis on technological innovation, North America and Europe are expected to experience enormous growth. The tripod-mounted 3D scanner will experience the greatest growth in terms of product type during the forecast period.

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North America Hold a Significant Position in the Global 3D Laser Scanner Market

Early Adoption of 3D Scanning Technology to Act as a Principal Growth Driver

North America holds the second-largest share in terms of geographic divisions, accounting for 28% of the 3D laser scanner market in 2022. The analysis by Future Market Insights predicts that the region will continue to grow at its current rate during the forecast period. The increased use of 3D laser scanners in cameras to examine fatal traffic accidents in the area is credited with this market expansion.

In addition, the presence of well-known players and their implementation of 3D laser scanners in front cameras of mobile phones for enhanced selfies, facial recognition, and iris scanning will boost the market growth in the ensuing years.

Computing systems for 3D virtualization are gaining popularity as the price of computers and graphics processors falls and more 3D applications become available. As 3D scanning enables quick, customised part replacement, 3D scanners are finding extensive use in the field manufacturing of military equipment. Similar to how they are used extensively in a variety of end-use industries, such as healthcare & automotive, these scanners are also growing in popularity in North America.

Growth of the European 3D Laser Scanner Market unfolds

Flourishing Automotive Sector Will Boost the Demand for 3D Scanners in Passenger Cars Manufacturing

Computing systems for 3D virtualization are gaining popularity as the price of computers and graphics processors falls and more 3D applications become available. As 3D scanning enables quick, customised part replacement, 3D scanners are finding extensive use in the field manufacturing of military equipment. Similar to how they are used extensively in a variety of end-use industries, such as healthcare & automotive, these scanners are also growing in popularity in North America.

Germany is expected to take the lion's share of the market, which is due to the industry's expanding 3D scanning product development. A 3D scanner called the DAVID Structured Light Scanner (SLS-3) was created by the German company DAVID. The scanner costs about $4,000 and can be used for a wide range of tasks, including reverse engineering, inspection, and archaeology.

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The region's booming automotive industry and dominance in the production of passenger cars will likely lead to an increase in demand during the projection period. European auto manufacturers are increasingly using the reverse engineering process to extract knowledge and design information from the product and reconstruct it for additional use. The market is expanding as a result of Europe's growing use of reverse engineering techniques. BMW, a German automaker, was a pioneer in the use of 3D scanning and printing technology.

How is the Asia Pacific generating demand for 3D Laser Scanners?

Soaring Advancements & Adoption of Innovative technologies in the Construction Sector Will Burgeon Demand for 3D Scanners

One of the regions that have a sizable share of the 3D laser scanner market is the Asia Pacific. With its growing use in surveying at upcoming onshore and offshore projects, pipelines and subsea models, etc., the emerging economies in the Asia Pacific region are anticipated to demonstrate potential opportunities in the 3D laser scanners market.

The market for 3D laser scanners exhibits an appealing growth rate, supported by rapid advancements in technology. Modern advancements in AI and machine learning capabilities will increase the use of 3D laser scanners and propel demand over the forecast period.

The development of the 3D Laser Scanner market in the area is also fueled by a new generation of 3D laser scanners with improved performance, which offers higher accuracy and flexibility with easy integration into systems. A paradigm shift toward a connected world and the growing demand for miniaturisation, however, are forcing further developments in the 3D laser scanner market and creating smarter products. The aforementioned factors will cause the Asia Pacific market for 3D laser scanners to grow at a 7.7% rate until 2032.

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Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.

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