Press release
Structured Light 3D Scanner Market Poised for 17.4 % Growth, Set to Hit $4.1 Billion by 2029
Structured Light 3D Scanner Market Growth
The market size of structured light 3D scanners has experienced fast expansion in the recent past. The market which stood at $1.6 billion in 2024, is projected to escalate to $1.88 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 17.7%. The surge in the historic period can be linked to the rise in automation, heritage conservation, an upsurge in reverse engineering, an increased emphasis on safety, its widespread use in surveying and mapping, and an escalating demand for 3D modeling.
The market for structured light 3D scanners is anticipated to experience significant expansion in the upcoming years, with its value predicted to hit $3.56 billion by 2029, owing to a compound annual growth rate (CAGR) of 17.4%. This surge in growth during the predicted period can be linked to factors such as increased usage within the construction and architecture sectors, a rise in demand from the automotive industry, e-commerce and online retail growth, lower costs and improved accessibility, and supportive government measures and regulations. Key trends expected during this forecast period encompasses drone technology integration, advancements in healthcare applications and software solutions, the emergence of portable handheld scanners, and integration with augmented reality (AR) and virtual reality (VR) platforms.
What Are the Key Drivers Behind the Growth of the Structured Light 3D Scanner Market?
The structured light 3D scanner market is predicted to thrive due to the expansion of the gaming and entertainment field. This industry covers domains that generate, produce, and disseminate interactive and leisure content for the amusement of the audience. The catalysts for the growth of the gaming and entertainment sector include online gaming and esports' rising popularity, the advent of virtual reality (VR) and augmented reality (AR) technologies, and the widespread use of smartphones and tablets. Structured-light 3D scanners enrich gaming and entertainment activities by creating captivating virtual surroundings and lifelike character representation. Game developers employ structured-light 3D scanners to capture three-dimensional models of real-world objects, props, and actors. These scans are crucial in constructing true-to-life characters, creatures, and objects inside the gaming universe. For example, strong customer enthusiasm for gaming entertainment in 2023 was credited with achieving a record commercial gaming revenue of $60 billion in 2022, marking a 14% growth from last year, as reported by the American Gaming Association, a US-based national trade organization. As a result, the flourishing gaming and entertainment field is a significant contributor to the advancement of the structured light 3D scanner industry.
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Who Are the Major Industry Players Fueling Structured Light 3D Scanner Market Expansion?
Major companies operating in the structured light 3D scanner market are Carl Zeiss Optotechnik GmbH, Hexagon AB, Nikon Metrology NV, Trimet, 3D Digital Corporation, FARO Technology Inc., GOM GmbH, Creaform Inc., Shining 3D Tech, Basis Software Inc., Perceptron Inc., Steinbichler Optotechnik GmbH, Capture 3D, Artec 3D, Solutionix Corporation, Kreon Technologies, Breuckmann GmbH & Co. KG, Exact Metrology, Riegl Laser Measurement Systems, EVA Optic, ScanTech International Inc., ShapeGrabber Inc., RangeVision, True Point Laser Scanning LLC, Fuel 3D
Which Key Developments Are Influencing the Structured Light 3D Scanner Market?
Key players in the structured light 3D scanner market are focusing their efforts on creating innovative products like zoom-enabled optical 3D scanners to increase their market revenue. A zoom-enabled optical 3D scanner is a device that uses optical technology to gather three-dimensional data about various objects. This scanner has the additional feature of a modifiable optical zoom level, allowing for the capture of detailed 3D data at different magnification levels. Case in point is Hexagon AB, an industrial technology company located in Sweden, which in March 2024 introduced the SmartScan VR800. This is the first optical 3D scanner on the market to feature a motorized zoom lens that lets users fully personalize software settings for data resolution and measurement volume. The SmartScan VR800 has features like Smart Resolution, Smart Zoom, and Smart Snap, which facilitate swift changes in data resolution, measurement volume, and the recording of orientation data.
How Is the Segmentation of the Structured Light 3D Scanner Market Defined?
The structured light 3D scanner market covered in this report is segmented -
1) By Product: Optical Scanner, Structured Light Scanner, Laser Scanner
2) By Range: Short Range, Medium Range, Long Range
3) By Component: Hardware, Software, Services
4) By Application: Quality Control And Inspection, Reverse Engineering, Virtual Simulation, Face Or Body Scanning, Other Applications
5) By End Users: Aerospace And Defense, Healthcare, Architecture And Construction, Entertainment And Media, Automotive, Other End Users
Subsegments:
1) By Optical Scanner: Handheld Optical Scanner, Desktop Optical Scanner
2) By Structured Light Scanner: 2D Structured Light Scanner, 3D Structured Light Scanner
3) By Laser Scanner: Handheld Laser Scanner, Stationary Laser Scanner
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What Is the Leading Region in the Structured Light 3D Scanner Market?
North America was the largest region in the structured light 3D scanner market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the structured light 3D scanner market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Structured Light 3D Scanner Global Market Report?
- Market Size Analysis: Analyze the Structured Light 3D Scanner Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Structured Light 3D Scanner Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Structured Light 3D Scanner Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Structured Light 3D Scanner Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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