Global 3D Laser Scanner Market Booming at high CAGR of 9.0 % by 2026

Posted by swamiv on November 22nd, 2019

Global 3D laser scanner market By Range (Short Range, Medium Range, Long Range), Product (Tripod Mounted, Fixed CMM Based, Portable CMM Based, Desktop), Type (Optical Scanner, Laser Scanner, Structured Light Scanner), Offering (Hardware & Software, After-Sales Services), Application (Reverse Engineering, Quality Control & Inspection, Virtual Simulation), End-Users (Automotive, Healthcare, Aerospace & Defense, Architecture & Construction, Energy & Power, Tunnel & Mining, Artifact & Heritage Preservation Department)

Market Analysis: Global 3D Laser Scanner Market 

Global 3D laser scanner market is projecting a rise in estimated value to an estimated value of USD 5.56 billion by 2026, registering a CAGR of 9.0% in the forecast period of 2019-2026 due to high level of quality control and inspection standards offered by 3D laser scanners, growth of handheld 3D scanners and evolving market for 3D printers across the globe.

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Market Definition: Global 3D Laser Scanner Market 

Global 3D laser scanning is a non-contact, non-destructive technology that digitally captures the shape of physical objects using a line of laser light. This technology is used to capture a physical object’s exact size and shape into the computer world as a digital 3-dimensional representation. It has its wide application in reverse engineering, quality control & inspection, virtual simulation, and others. Growing Market for 3D printers and major distribution of 3D laser scanners in several industries is the drivers in 3D laser scanning market. Whereas high initial costing involved in 3D scanners may hamper the market.

Market Drivers:

  •          High Level of quality control and inspection standards offered by 3D laser scanners
  •          Growth of handheld 3D scanners
  •          Evolving market for 3D printers across the globe

Market Restraints:

  •          High costs of 3D Laser scanners
  •          Availability and affordability of traditional alternatives to 3D Laser scanning

 

Segmentation: Global 3D Laser Scanner Market 

By Range

  •          Short Range
  •          Medium Range
  •          Long Range

By Product

  •          Tripod Mounted
  •          Fixed CMM Based

o    Bridge CMM Based

o    Gantry CMM Based

o    Horizontal Arm CMM Based

  •          Portable CMM Based

o    Articulated Arm CMM

o    Handheld

  •          Desktop

By Type

  •          Optical Scanner
  •          Laser Scanner
  •          Structured Light Scanner

By Offering

  •          Hardware & Software
  •          After-Sales Services

By Vertical (End-User)

  •          Automotive
  •          Healthcare
  •          Aerospace & Defense
  •          Architecture & Construction
  •          Energy & Power
  •          Tunnel & Mining
  •          Artifact & Heritage Preservation Department
  •          Others

By Application

  •          Reverse Engineering
  •          Quality Control & Inspection
  •          Virtual Simulation
  •          Others

Key Developments in the Market

  •          In June 2018, Leica RTC360 which is a laser scanner equipped with edge computing technology provides wide scope of accurate creation of 3D models. It is the world's first 3D laser scanner with automatic in-field pre-registration as mentioned by the company.
  •          In September 2003, Trimble signed an agreement to acquire MENSI S.A, which was developer of terrestrial 3D laser scanning technology. It would helped Trimble in positioning and development of its products.

Competitive Analysis: Global 3D Laser Scanner Market 

Global 3D laser scanner market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of 3D laser scanner market for Global, Europe, North America, Asia Pacific, South America and Middle East and Africa.

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swamiv
Joined: October 30th, 2019
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