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3D Scanning Global Market 2024 - Growth Opportunities, Top Countries, Future Trends, Revenue And Forecast 2033
3D Scanning Global Market
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According to The Business Research Company's, The 3D scanning market size has grown strongly in recent years. It will grow from $5.34 billion in 2023 to $5.81 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to growing demand in healthcare, automotive and aerospace applications, entertainment and gaming, cultural heritage preservation.
The 3D scanning market size is expected to see strong growth in the next few years. It will grow to $8.31 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to industry 4.0 and smart manufacturing, e-commerce and customization trends, automated inspection and quality assurance, healthcare advancements. Major trends in the forecast period include augmented reality (AR) integration, advancements in lidar technology, portable and handheld scanners, increased automation in post-processing, environmental and cultural heritage preservation.
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Market Drivers and Trends:
The rise in demand for virtual reality and augmented reality is expected to propel the growth of the 3D scanning market going forward. Virtual reality refers to the digitally created 3D environment using advanced computer technology to create objects and scenes that appear to be real to the user, making them feel immersed in their surroundings. 3D scanning helps by bringing real objects and scenes into a virtual world that can be accessed remotely. For instance, according to the International Data Corporation, a US-based media, events, and research company, during the first quarter of 2022, the global shipments of VR headsets jumped 241.6% as compared to the same period last year. Therefore, the rise in demand for virtual reality and augmented reality will propel the 3D scanning market.
Technological advancement is a key trend gaining popularity in the 3D scanning market. Major companies operating in the 3D scanning sector are focused on developing advanced, innovative technological solutions to strengthen their market position. For instance, in October 2021, API Metrology, a US-based company specializing in 3D measurements and high-volume metrology solutions, launched iScan3D based on laser technology. It is a hand-held metrology grade 3D scanner. This scanner has improved optics and blue-crossed laser lines to generate a metrology grade point cloud quickly and accurately. The integrated process controller in iScan3D communicates with API's Radian Six Degrees of Freedom (6DoF) Laser Tracker to precisely supervise scanning positions and deliver high-precision measuring and scanning.
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Major Key Players of the Market:
Carl Zeiss AG, Konica Minolta Inc., Hexagon AB, Wayland Additive Ltd., Autodesk Inc., Nikon Corporation, Trimble Inc., Topcon Corporation, Jenoptik AG, 3D Systems Corporation, FARO Technologies Inc., Mimetrik Solutions Limited, Path Robotics Inc., Maptek Pty Ltd., Creaform Inc., CyberOptics Corporation, Blickfeld GmbH, Artec 3D, Scantech International Pty Ltd., InspecVision Ltd., Skycatch Inc., ScanLAB Projects Ltd., 3D Digital Corporation, ShapeGrabber Inc., Imerso AS, OR3D Ltd., Astrivis Ltd., Nanosurf AG, Direct Dimensions Inc., GOM GmbH
3D Scanning Market 2024 Key Insights:
• The 3D scanning market size is expected to see strong growth in the next few years. It will grow to $8.31 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%.
• Surge In Virtual Reality And Augmented Reality Demand Driving 3D Scanning Market
• High-Precision Handheld Scanner Advancing 3D Scanning Market
• North America was the largest region in the 3D scanning market in 2023
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