3D Laser Scanner Market Valuation to Exceed USD 3,378.4 Million by 2032, Driving 7.8% CAGR

The global 3D laser scanner market is anticipated to create an absolute dollar opportunity across the estimation period between 2022 and 2032, with an impressive CAGR of 7.8%. The market was expected to be valued at USD 1,587.2 Million in 2022 and surpassing around USD 3,378.4 Million by 2032. According to the historical projection by FMI, from 2017 to 2021, sales witnessed significant growth, registering a CAGR of 6%.

A 3D laser scanner is a device that digitally captures the shape of physical objects with the help of laser light. Being a contactless process, 3D laser scanning is used to analyze real-world objects in order to collect data in terms of their shape and appearance. The collected data in turn is used to create 3D models.

There is an impressive surge in the demand for 3D laser scanners throughout the projection period owing to its widespread application in various industries such as construction & architecture, automotive, and aerospace & defense.

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Key Takeaways

• 3D scanning technology is time efficient, and economical and saves efforts throughout the production process, along with that it also improves output quality. In order to reduce the dimensions of actual items, 3D scanners employ laser, light, or x-rays which are further used to generate a 3D model of the scanned object using the software.

• According to the recent FMI analysis, 3D laser scanners are increasingly becoming technologically advanced and developing more accurate scans. With surging technological trends, 3D laser scanners are becoming more cost-effective to manufacture and distribute as well. An evolutionary boom has been created in handheld 3D digitizers and robust 3D printers in recent years within the 3D scanning marketplace.

• Over the last few years, 3D laser scanning has managed to influence various industries including film and media, gaming and technology, medical, manufacturing, automotive, and many more. Owing to this, the market for 3D laser scanners is projected to witness significant growth over the forecast period.

• The freedom of movement integrated into the product is one of the most dynamic factors responsible for the surge in the 3D laser scanner market. Being one of the most reliable technologies to offer real-time visualization paired with a higher degree of accuracy than other alternatives available in the market. Such adoption of innovative technology in many companies despite industry domain is expected to drive the 3D laser scanner market in near future.

• 3D laser scanners are gaining traction in the world owing to their increased usage in the world of construction. With the latest technological advancements, the Objective of collecting topography details at locations that humans cannot access through the automotive Internet of Things (IoT) can be achieved by a 3D laser scanner. Surging demand in the automation industry is expected to fuel its future growth.

• The growing automotive and healthcare industry is increasing its focus on technological advancements and innovation. In terms of product type, the Tripod-mounted 3D scanner will gain the highest traction over the forecast period.

Competitive Landscape:

The key market players are focusing on producing cutting-edge technology that provides customers with industry-leading ease of use, accuracy, and speed, powered by cutting-edge technology.

Key Players:
• Basis Software, Inc.
• FARO
• Hexagon AB
• 3D Digital Corporation
• ShapeGrabber Inc.
• JoeScan
• Riegl Laser Measurement Systems
• Kreon Technologies
• CREAFORM
• Perceptron Inc.
• Nikon Metrology NV
• Trimble
• Zeiss
• Topcon

Key Segments Covered in the 3D Laser Scanner Industry Analysis:

3D Laser Scanner Market by Product Type:
• Tripod Mounted 3D Laser Scanner
• Fixed CMM-based 3D Laser Scanner
• Portable CMM Based 3D Laser Scanner
• Desktop 3D Laser Scanner

3D Laser Scanner Market by Offerings:
• 3D Laser Scanner Hardware & Software
• 3D Laser Scanner After Services

3D Laser Scanner Market by Frequency Range:
• Low range 3D Laser Scanner
• Medium range 3D Laser Scanner
• High range 3D Laser Scanner

3D Laser Scanner Market by Application:
• 3D Laser Scanner in Reverse Engineering
• 3D Laser Scanner in Quality Control and Inspection
• 3D Laser Scanner in Virtual Simulation
• 3D Laser Scanner in Face Body Scanning
• 3D Laser Scanner in Rapid Prototyping
• Other 3D Laser Scanner Applications

3D Laser Scanner Market by End Use Industries:
• 3D Laser Scanner for Automotive
• 3D Laser Scanner for Health Care
• 3D Laser Scanner for Aerospace & Defense
• 3D Laser Scanner for Architecture & Construction
• 3D Laser Scanner for Energy & Power
• 3D Laser Scanner for Tunnel & Mining

3D Laser Scanner Market by Region:
• North America3D Laser Scanner Market
• Latin America3D Laser Scanner Market
• Europe 3D Laser Scanner Market
• Asia Pacific 3D Laser Scanner Market
• The Middle East and Africa 3D Laser Scanner Market

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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This release was published on openPR.