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Sales of 3D Body Scanners Across The World Are Anticipated To Increase At A Stellar CAGR of 14.9% Over 2027

12-19-2022 07:42 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: fact.mr

3D Body Scanners

3D Body Scanners

Currently, the global 3D body scanners market accounts for a valuation of US$ 131.5 million and is projected to reach US$ 264 million by the end of 2027. Sales of 3D body scanners across the world are anticipated to increase at a stellar CAGR of 14.9% over the next five years.

The gaming and retail sectors are anticipated to witness high demand for 3D body scanners as compared to other sectors over the years ahead.
An increasing per capita disposable income has led to a notable rise in consumer spending potential, which has subsequently favored growth in the retail sector. Rising technological proliferation has promoted the use of advanced 3D body scanning technology in the retail sector, which is expected to drive demand for 3D body scanners over the years to come. The growing popularity of video games and the flourishing video game development industry have also favored 3D body scanners market growth. 3D scanners are crucial in the 3D motion tracking technology that is being used extensively in video game development.

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This trend is common in the 3D body scanners marketplace as well, and new companies are creating innovative 3D body scanners to enhance their market presence in the industry landscape. These upcoming companies are also adopting different strategies to further bolster their market stance among the established market players.
3D body scanner suppliers are expected to focus on partnerships, collaborations, mergers, and acquisitions to increase their global market presence and bolster their revenue generation capacity.

• In July 2022, TechMed 3D, a software measuring solution provider for the human body, announced the launch of a new processing software. SNAP, a mobile automatic processing software, allows users to scan the complete human body and obtain highly precise measurements from their phones.

Why is the U.S. an Attractive Market for 3D Body Scanner Companies?

"Rapid Adoption of Advanced Technologies & High Spending Potential in the U.S."

The United States 3D body scanners market is anticipated to exhibit highly lucrative opportunities owing to the rapid adoption of novel technologies and the presence of key 3D body scanning equipment suppliers.

At present, the U.S. 3D body scanners market is valued at around US$ 33 million. High consumer spending makes this country a lucrative retail market and this is expected to favor 3D body scanner sales over the coming years.

The presence of developed digital infrastructure, technological advancements, and rising demand for 3D modelling and analysis are also expected to drive 3D body scanners market growth in the U.S. through 2027.

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Competitive Landscape

3D body scanner manufacturers are focusing on product innovation and launching new products to bolster their sales potential.

• In April 2022, SHINING 3D, a leading 3D solution provider, introduced a new addition to its FreeScan UE series of 3D scanners. FreeScan UE Pro is capable of providing a scanning accuracy of up to 0.02 mm.

• In September 2020, Texel, a computer vision technology start-up based in Russia, raised US$ 1.5 million in funding. The funding was intended to be used for the expansion of its 3D scanning technology in the retail sector.

Key Companies Profiled

• Braun & Company Ltd.
• Smiths Detection Group Ltd.
• Styku
• eCential Robotics
• Brijot Imaging Systems Inc.
• Millivision Technologies
• Nuctech Co. Ltd.
• OD Security
• Rapiscan Systems
• C.E.I.A. SpA
• Leidos Security Detection & Automation
• KinoTek
• Mantis Vision
• botspot
• Rohde & Schwarz

Key Segments in 3D Body Scanners Industry Research

• By Application :

o Video Games
o Apparel Try-On
o Fitness Assessment
o Figurines
o Physiological Applications
o Surgical Applications

• By Sector :

o Gaming
o Retail
o Healthcare
o Other Sectors

• By Region :

o North America
o Latin America
o Europe
o APAC
o MEA

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Key Takeaways from 3D Body Scanners Market Study

• The global 3D body scanners market is currently valued at US$ 131.5 million.

• Shipments of 3D body scanners are anticipated to increase at a phenomenal CAGR of 14.9% through 2027.

• Sales revenue of the 3D body scanners market is expected to reach US$ 264 million by 2027.

• The United States market currently enjoys a valuation of US$ 33 million.

• Technological advancements, rising use of 3D motion technology in video games, rapid digitization, growing use of cloud technologies, and high demand for 3D modelling and analysis are expected to favor market growth.

• High cost of manufacturing and development of 3D body scanners are expected to have a hampering effect on overall market potential.

• Sales of 3D body scanners in China are expected to increase at a CAGR of 17% over the next five years.

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