The global 3D scanning Market is expected to reach USD 4.90 billion by
2020 on account of increasing requirement from numerous applications. Rapid
technological advancements to develop innovative products including 3D
digitization that have the ability to render high resolution and rapid scanning
techniques are expected to have a positive impact on growth.
Need to preserve the historic
edifice and aging infrastructure with historical significance worldwide are
projected to have a positive influence on the industry. Growing demand from
software solution suppliers and hardware manufacturers is expected to augment
growth. Technology has become more accessible to professionals owing to
continuous enhancements which result in driving sales thereby propelling demand
in the market. However, high-priced scanners are expected to impede the 3D
scanning industry.
Laser scanners were the leading
product segment and contributed to over 60.0% of the overall market in 2013.
The structured light product sector is projected to gain prominence over the
forecast period owing to numerous applications in varied segments on account of
its ability to create rapid prototypes with great accuracy and precision.
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Short range scanners occupied
the largest market share in 2013. New techniques including structured light and
laser triangulation that has a focal distance less than a meter are estimated
to drive growth over the forecast period.
The industrial manufacturing
segment accounted for over 30.0% of the overall market revenue owing to
numerous advantages including improved accuracy and compatibility offered by
the product. Also, it also allows better worker safety across multiple
applications for widespread data capture, thus propelling the industry.
3D scanners can effectively
scan virtual medium online and represent art pieces in a virtual museum set up.
The introduction of 3D portable scanners is expected to witness growth owing to
its growing demand in archeology sector which aims at preserving and archiving
architectural pieces from museums. The industry is projected to grow on account
of various reverse engineering techniques that have the ability to preserve remains
and virtual restoration
The upsurge in 3D media and
content along with technological improvements have resulted in high-resolution
videos and high-quality images owing to growth in new product launches, thus
driving demand. The smartphone industry has witnessed significant growth due to
device up gradation by original equipment on account of their 3D imaging
capabilities.
Europe emerged as the dominant
region in the industrial sector and is anticipated to impact positively
regional growth over the forecast period. Key market players include Maptek,
Topcon, FARO Technologies, Ametek (Creaform), 3D Digital Corp. and Basis
Software Inc (Surphaser). Key growth strategy involves technological
innovations and development of cost-efficient devices. The market is identified
by mergers and acquisitions and intense competition in software and hardware
segments. Companies cater to industries including manufacturing, aerospace,
research & education and consumer products.
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