2024 3D Laser Scanner Market Report : Market Size, Growth Drivers, And Key Trends | Asahi Group Holdings Ltd., Carl Zeiss Optotechnik GmbH, Hexagon AB, Trimble Inc, Nikon Metrology NV

"The 3D laser scanner market size has grown rapidly in recent years. It will grow from $1.49 billion in 2023 to $1.64 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increasing automation, preservation of cultural heritage, demand for reverse engineering, increased focus on safety, rising adoption in surveying and mapping, increasing demand for 3D modeling.

The 3D laser scanner market size is expected to see rapid growth in the next few years. It will grow to $2.47 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to rising adoption in construction and architecture, increasing demand from automotive industry, growing e-commerce and online retail, cost reduction and affordability, government initiatives and regulations. Major trends in the forecast period include integration with drone technology, advancements in healthcare applications, advancements in software solutions, emergence of portable and handheld scanners, integration with augmented reality (AR) and virtual reality (VR).

Market Overview -
A 3D laser scanner is a device used to capture the shape and details of physical objects by emitting laser beams and measuring the time it takes for the beams to reflect, creating precise 3D models. 3D laser scanners provide an efficient and accurate means of digitizing physical objects and spaces, enabling various practical and creative uses in numerous industries.

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Growing Gaming And Entertainment Industry Fuels Growth In The 3D Laser Scanner Market
The growing gaming and entertainment industry is expected to propel the growth of the 3D laser scanner market going forward. The gaming and entertainment industry encompasses sectors that create, produce, and distribute interactive and recreational content for audiences' enjoyment. The growing gaming and entertainment industry is fueled by technological advancements, expanding demographics, and increasing demand for immersive experiences. 3D laser scanners enhance gaming and entertainment experiences through immersive virtual environments and accurate motion capture. For instance, in January 2022, according to the Entertainment Software Association (ESA), a US-based trade association of the video game industry, consumer spending on video games in the United States reached a total of $60.4 billion in 2021, an increase of 8% compared to 2020. Therefore, the growing gaming and entertainment industry is driving the growth of the 3D laser scanner market.

Competitive Landscape -
Major companies operating in the 3D laser scanner market are Asahi Group Holdings Ltd., Carl Zeiss Optotechnik GmbH, Hexagon AB, Trimble Inc, Nikon Metrology NV, Topcon Corporation, Carestream Health Inc., Leica Geosystems AG, 3D Digital Corporation, FARO Technology Inc., Creaform, Basis Software Inc., Perceptron Inc., Point Grey Research Inc., Nobel Biocare, Shining 3D Tech Co. Ltd., AICON 3D Systems GmbH, Taisite Instrument Co. Ltd., E4D Technologies, Artec 3D, Kreon Technologies, Dental Wings, Riegl Laser Measurement Systems, ShapeGrabber Inc., Paracosm

Development Of Handheld 3D Laser Scanning Technology
Major companies operating in the 3D laser scanning market are focused on developing handheld 3D laser scanners, such as T-SCAN Hawk 2, to boost their revenue in the market. T-SCAN Hawk 2 is a handheld 3D laser scanner with numerous benefits, such as convenience, accuracy, and versatility. It makes them valuable tools for various applications where precise 3D data capture is essential. For instance, in February 2023, Carl Zeiss AG, a Germany-based high-precision technology company, launched T-SCAN Hawk 2, a next-generation handheld 3D laser scanner. It combines exceptional usability with data precision at the metrology level and is verified to satisfy the strictest industry standards. With its new satellite mode, the T-SCAN Hawk 2 is a portable device that can be utilized in various industries and scan objects up to several meters in length.

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Key Segments -
The 3D laser scanner market covered in this report is segmented -
1) By Product: Tripod Mounted, Fixed Coordinate Measuring Machine Based, Portable Coordinate Measuring Machine Based, Desktop
2) By Range: Short, Medium, Long
3) By Offerings: Hardware And Software, After-Sales Services
4) By Application: Quality Control And Inspection, Reverse Engineering, Virtual Simulation, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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