3D Scanner Market SWOT Analysis by 2031
[Research Report] The 3D Scanner market size is expected to grow from US$ 3.7 billion in 2022 to US$ 10.3 billion by 2031; it is estimated to grow at a CAGR of 13.6% from 2022 to 2031.
Analyst Perspective:
3D Laser Scanning is a non-contact, non-destructive technology that uses a line of laser light to digitally capture the geometry of physical items. 3D laser scanners generate "point clouds" of data from an object's surface. In other words, 3D laser scanning is a method of capturing the exact size and shape of a physical thing in the computer world as a digital 3-dimensional representation. 3D laser scanners capture free-form forms and measure small features to swiftly generate extremely accurate point clouds. 3D laser scanning is perfect for the measurement and inspection of curved surfaces and complex geometries that require enormous volumes of data for correct description and where using standard measurement methods like a touch probe is difficult.
Manufacturing processes are being optimized faster than ever before thanks to rapid improvements in 3D scanning technology. 3D scanning allows manufacturers to accelerate production processes and enhance productivity by capturing the precise dimensions and surface data of physical products and translating them into accurate, real-world digital representations. After 3D data has been scanned, it can be used for a variety of purposes, ranging from prototype construction to quality control analysis. Quality control and inspection are two of the most prevalent applications of 3D scanning in manufacturing. Manufacturers can undertake quality control tests to guarantee a part or assembly fulfills design parameters by comparing it to the original CAD/digital model created with a 3D scanner. Because 3D scanners allow engineers to swiftly capture and digitize the actual structure of any part or assembly, regardless of how basic or complicated its geometry is, they can substantially ease the reverse engineering process. This data can then be utilized to generate a CAD model of the object, which can then be iterated and refined as needed.
3D Scanner Market Overview:
3D scanners are establishing themselves to be an imperative part of modern manufacturing methodology. This technology in the market is extensively used in industries for reverse engineering, quality control, prototyping, and others. 3D scanning technologies improve workflow and save time in a variety of disciplines, including product design, prototyping, testing, and development. For example, the International Journal of Cognitive Computing in Engineering states in the article "Exploring the Potential of 3D Scanning in Industry 4.0: An Overview" that design cycle costs can be cut by 75% in some circumstances. 3D scanners also aid in the measurement of complicated items with greater speed and precision.
Many tasks that formerly required a team of professionals are now sped up and simplified using 3D scanners. They have the potential to considerably cut production chains and the number of people involved in the production of goods or services. For instance, according to a case study, Orthin, which is located in the Netherlands adopted the use of Artec Eva professional handheld 3D scanner in their workflow for producing, custom orthopedic products. Orthin has reduced time, labor, and prices in the design and manufacture of prosthetic aids by an incredible 90% as a result of incorporating Eva into their workflow.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
3D Scanner Market: Strategic Insights
Market Size Value in US$ 3.7 billion in 2022 Market Size Value by US$ 10.3 billion by 2030 Growth rate CAGR of 13.6% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
3D Scanner Market: Strategic Insights
Market Size Value in | US$ 3.7 billion in 2022 |
Market Size Value by | US$ 10.3 billion by 2030 |
Growth rate | CAGR of 13.6% from 2022 to 2030 |
Forecast Period | 2022-2030 |
Base Year | 2022 |
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst3D Scanner Market Driver:
Rising Demand from the Automotive Industry to Drive Growth of the 3D Scanner Market
Digital manufacturing technologies contribute to the advancement of vehicle and part development, manufacture, production, and quality control. 3D printers are now finding their way into the automotive business. They have proven their significance in the automotive industry by making production 3D printing a reality. Engineers witness amazing results when using these scanners to perform quality controls on parts during the prototype and industrialization stages. For instance, in October 2022, Pagani Automobili announced the use of MetraSCAN 3D and HandyPROBE by their mechanical design department to optimize time and method. The department used these scanners for quality control in prototyping and industrialization processes.
Automobile manufacturers across the globe are adopting modern technologies to virtualize their production plants and processes. Vistula planning has become a core element for many automotive manufacturers to enable collaborating within the process in real-time. The 3D scanning technology plays an important part in this process driving the demand in the 3D scanner market. for instance, in June 2022, in collaboration with NavVis, the BMW Group announced the digitalization of its existing plants. The Munich startup is regarded as one of the world's leading technology providers in the fields of reality capture and digital twins. By early 2023, mobile 3D laser scanners will be utilized to create photorealistic panoramic photos, floor plans, and scatter plots for all BMW Group vehicle factories, including all building structures, facilities, and outdoor spaces.
3D Scanner Market Segmental Analysis:
Based on product type, the market is segmented into 3D Laser Scanners and Structured Light Scanners. A structured-light 3D scanner is a 3D scanning device that uses projected light patterns and a camera system to measure the three-dimensional shape of an object. A 3D scanner of this type allows for the creation of very realistic models of real 3D items at a low cost and in a short period. This low-cost 3D scanner uses structured light to create a variable-colored stripe pattern. The scanner was developed to meet the following criteria: medium-high precision, ease of use, low cost, self-registered acquisition, and operational safety. Structured light scanning evaluates how a light pattern deforms when projected onto a surface. This system does not use a laser, but rather a succession of linear patterns projected onto the item. The deformation of such patterns is utilized to compute the distance and surface of the object. The primary benefit of this sort of scanning is its speed and resolution; also, non-harmful light can be utilized, making it suitable for body scans. However, bright light conditions can reduce its accuracy.
3D Scanner Market Regional Analysis:
North America holds one of the largest global market shares. The region is home to well-established and well-developed technology and manufacturing sectors. A few of the largest automotive and healthcare industries are in North America. These are the major end users of solutions in the market. The startup ecosystem in the region especially in the US has further complimented the 3D scanner market. A few of the prominent startups in the region are Matterport, Hover, 3DLook, Faro Technologies, and others. The defense agencies in the US are extensively using 3D scanning technology for multiple purposes. For instance, in October 2021, after a new 3D scanner was delivered to the DLA Troop Support Product Test Center in Philadelphia, scientists at the Defense Logistics Agency announced an early investment in 3D imaging with potential advantages across the agency.
3D Scanner Market Key Player Analysis:
The 3D Scanner market analysis consists of players such as Hexagon AB; FARO Technologies, Inc.; Trimble Inc.; Nikon Corporation; Carl Zeiss AG; Creaform Inc.; Direct Dimensions Inc.; GOM GmbH; Konica Minolta Inc. among the key market players profiled in the report.
3D Scanner Market Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the market. A few recent key market developments are listed below:
- In October 2023, Manufacturing Intelligence, a branch of Hexagon, announced the launching of a new laser scanner for coordinate measuring machines (CMMs) designed for manufacturers seeking a cost-effective choice for more efficient surface measurement and better throughput. The new HP-L-10.10 LITE laser scanner, which focuses on fundamental laser scanning operations, makes it simple and economical for manufacturers to benefit from the measurement speed and coverage of laser scanning. When opposed to measuring multiple points or lines with tactile measurement methods, the scanner obtains the entire surface data of a part in a fraction of the time
- In October 2023, FARO Technologies, Inc., a pioneer in 3D measurement, imaging, and realization technology, is pleased to present the FARO® OrbisTM Mobile Scanner, a game-changing development that will revolutionize 3D reality capture. Orbis is the first company to commercialize a hybrid SLAM scanner that can record data both mobile and stationary in a single device. Orbis is the newest generation in FARO's industry-leading Simultaneous Localization and Mapping (SLAM)-enabled LiDAR technology, offering local or cloud-based data processing and collaboration
- In May 2023, Trimble released the Trimble X9 3D laser scanning system today, a new adaptable reality capture solution for surveying, construction, and engineering professionals. Trimble's established laser scanning technologies are at the heart of the X9, which has been designed to improve performance in a wider range of situations by using advancements such as Trimble X-Drive technology for automatic instrument calibration, survey-grade self-leveling, and a laser pointer for georeferencing
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type, Range, Technology, Scanner Type, End-User Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1 Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance
2 Key Takeaways
3 3D Scanner Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 3D Scanner Market - By Type
3.2.2 3D Scanner Market - By Service
3.2.3 3D Scanner Market - By Range
3.2.4 3D Scanner Market - End-user Verticals
3.2.5 3D Scanner Market - By Region
3.2.5.1 By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis
4 3D Scanner Market - Key Industry Dynamics
4.1 Impact Analysis
4.2 Key Market Drivers
4.3 Key Market Restraints
4.4 Key Market Opportunities
4.5 Future Trends
5 3D Scanner Market Analysis- Global
5.1 Global 3D Scanner Market Overview
5.2 Global 3D Scanner Market Forecast and Analysis
6 3D Scanner Market Revenue and Forecasts to 2028 - Type
6.1 Overview
6.2 Technology market forecast and analysis
6.3 Optical Scanners Market
6.3.1 Overview
6.3.2 Optical Scanners market forecast and analysis
6.4 Laser Scanner Market
6.4.1 Overview
6.4.2 Laser Scanner market forecast and analysis
6.5 Structured Light Scanners Market
6.5.1 Overview
6.5.2 Structured Light Scanners market forecast and analysis
7 3D Scanner Market Revenue and Forecasts to 2028 - Range
7.1 Overview
7.2 Material market forecast and analysis
7.3 Short Range Market
7.3.1 Overview
7.3.2 Short Range market forecast and analysis
7.4 Medium Range Market
7.4.1 Overview
7.4.2 Medium Range market forecast and analysis
7.5 Long Range Market
7.5.1 Overview
7.5.2 Long Range market forecast and analysis
8 3D Scanner Market Revenue and Forecasts to 2028 - Service
8.1 Overview
8.2 Material market forecast and analysis
8.3 Quality Control & Inspection Market
8.3.1 Overview
8.3.2 Quality Control & Inspection market forecast and analysis
8.4 Reverse Engineering Market
8.4.1 Overview
8.4.2 Reverse Engineering market forecast and analysis
8.5 Rapid Prototyping Market
8.5.1 Overview
8.5.2 Rapid Prototyping market forecast and analysis
8.6 Virtual Simulation Market
8.6.1 Overview
8.6.2 Virtual Simulation market forecast and analysis
8.7 Others Market
8.7.1 Overview
8.7.2 Others market forecast and analysis
9 3D Scanner Market Revenue and Forecasts to 2028 - End-User Vertical
9.1 Overview
9.2 End-User Vertical market forecast and analysis
9.3 Industrial Market
9.3.1 Overview
9.3.2 Industrial market forecast and analysis
9.4 Aerospace and Defense Market
9.4.1 Overview
9.4.2 Aerospace and Defense market forecast and analysis
9.5 Automotive Market
9.5.1 Overview
9.5.2 Automotive market forecast and analysis
9.6 Architecture and Construction Market
9.6.1 Overview
9.6.2 Architecture and Construction market forecast and analysis
9.7 Healthcare Market
9.7.1 Overview
9.7.2 Healthcare market forecast and analysis
9.8 Others Market
9.8.1 Overview
9.8.2 Others market forecast and analysis
10 3D Scanner Market Revenue and Forecasts to 2028 - Geographical Analysis
10.1 North America
10.1.1 North America 3D Scanner market overview
10.1.2 North America 3D Scanner market forecast and analysis
10.1.2.1 North America market forecast and analysis - By Countries
10.1.2.1.1 US market
10.1.2.1.2 Canada market
10.1.2.1.3 Mexico market
10.1.3 North America market forecast and analysis -By Type
10.1.4 North America market forecast and analysis -By Service
10.1.5 North America market forecast and analysis -By Range
10.1.6 North America market forecast and analysis -By End-user Verticals
10.2 Europe
10.2.1 Europe 3D Scanner market overview
10.2.2 Europe 3D Scanner market forecast and analysis
10.2.2.1 Europe market forecast and analysis - By Countries
10.2.2.1.1 France market
10.2.2.1.2 Germany market
10.2.2.1.3 Italy market
10.2.2.1.4 Spain market
10.2.2.1.5 UK market
10.2.3 Europe market forecast and analysis -By Type
10.2.4 Europe market forecast and analysis -By Service
10.2.5 Europe market forecast and analysis -By Range
10.2.6 Europe market forecast and analysis -By End-user Verticals
10.3 Asia pacific (APAC)
10.3.1 Asia Pacific 3D Scanner market overview
10.3.2 Asia Pacific 3D Scanner market forecast and analysis
10.3.2.1 Asia Pacific market forecast and analysis - By Countries
10.3.2.1.1 Australia market
10.3.2.1.2 China market
10.3.2.1.3 India market
10.3.2.1.4 Japan market
10.3.3 Asia Pacific market forecast and analysis -By Type
10.3.4 Asia Pacific market forecast and analysis -By Service
10.3.5 Asia Pacific market forecast and analysis -By Range
10.3.6 Asia Pacific market forecast and analysis -By End-user Verticals
10.4 Middle East and Africa (MEA)
10.4.1 Middle East and Africa 3D Scanner market overview
10.4.2 Middle East and Africa 3D Scanner market forecast and analysis
10.4.2.1 Middle East and Africa market forecast and analysis - By Countries
10.4.2.1.1 South Africa market
10.4.2.1.2 Saudi Arabia market
10.4.2.1.3 UAE market
10.4.3 MEA market forecast and analysis -By Type
10.4.4 MEA market forecast and analysis -By Service
10.4.5 MEA market forecast and analysis -By Range
10.4.6 MEA market forecast and analysis -By End-user Verticals
10.5 South America (SAM)
10.5.1 South America 3D Scanner market overview
10.5.2 South America 3D Scanner market forecast and analysis
10.5.2.1 South America market forecast and analysis - By Countries
10.5.2.1.1 Brazil market
10.5.3 South America market forecast and analysis -By Type
10.5.4 South America market forecast and analysis -By Service
10.5.5 South America market forecast and analysis -By Range
10.5.6 South America market forecast and analysis -By End-user Verticals
11 Industry Landscape
11.1 Mergers & acquisitions
11.2 Market Initiatives
11.3 New developments
11.4 Investment scenarios
12 Competitive Landscape
12.1 Competitive Product mapping
12.2 Market positioning/ market share
13 3D Scanner Market, Key Company Profiles
13.1 3D Digital Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 3D Systems Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Autodesk, Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Creaform, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Faro Technologies, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 GOM mBH
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Hexagon AB
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Nikon Metrology NV
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Trimble Navigation Ltd.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Topcon Corporation
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14 Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
14.3 Research Methodology
The List of Companies
- 3D Digital Corporation
- 3D Systems Corporation
- Autodesk, Inc.
- Creaform, Inc.
- Faro Technologies, Inc.
- GOM mBH
- Hexagon AB
- Nikon Metrology NV
- Trimble Navigation Ltd.
- Topcon Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.