3D Scanner Market is Expected to Reach USD 7.4 Billion by 2024

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Your Catalyst To a Lucrative Business 3D
Scanner Market Share, Size, Analysis, Growth,
Strategies, Regional Outlook, Trends and
Forecasts to 2024 Hexa Research
"3D Scanner Market to reach USD 7.4 billion by
2024."
The global 3D Scanner Market is expected to reach
USD 7.4 billion by 2024. It should grow at a CAGR
over 11.5 during 2016 to 2024 (forecast
period). Wider adoption of these devices in
applications such as rapid prototyping, quality
control, reverse engineering, etc. will augment
growth of this industry. Software hardware
providers lay stress on workflow enhancement
usage convenience, thus boding well for the
market and propelling its sales. The workflow
is generally complicated for those new to 3D
scanning. This coupled with costly scanners
hampers the growth of 3D scanners. However, the
demand for accurate, quick, effective results
primarily would drive the 3D scanner market. In
addition to this, scanner properties like
affordability can also propel the market.
Handheld 3D scanner technological expansion
are projected to drive the industry demand in the
near future. The market is categorized into
products, ranges, applications, and
regions. Browse Details of Report _at_
https//www.hexaresearch.com/research-report/3d-sc
anner-market
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Your Catalyst To a Lucrative Business Products
include structured light, laser, and optical.
Laser scanners led the market in 2013. However,
optical and structured light are anticipated to
grow rapidly. Optical scanners should grow at a
healthy CAGR (over 11 ) during the forecast
period. Ranges consist of short, medium, and
long. Short range scanners dominated in 2013.
They will maintain their dominance till 2024.
Medium is likely to gain considerable shares, at
a CAGR of 11 till 2024. Long range is said to
be growing slowly due to its high
costs. Applications in the 3D scanner market are
aerospace defense, industrial manufacturing,
healthcare, entertainment media, and
engineering architecture. Industrial
manufacturing reigned in 2014, accounting for 30
shares. 3D scanning can be a critical component
of quality inspection control across
construction industry. Entertainment media
should witness the highest growth. It is
estimated to reach USD 600 million by 2024, at a
healthy CAGR of 13 . Rising significance of
market devices in architecture may be attributed
to the advent of portable 3D scanners. 3D
scanners help in archiving and preserving
architectural pieces from museums. Engineering
architecture will hold over 12.5 shares by
2024. Geographically, the worldwide 3D scanner
market is fragmented on the basis of Europe,
North America, Latin America, Asia-Pacific, and
RoW. North America reigned in 2013 and can lead
over the forecast period. Latin America is said
to be the most lucrative region. It is predicted
to exceed USD 75 0 million by 2024, at a CAGR of
13 in the near future. The same would be
attributed to rising adoption of 3D scanners
across various application and end -user
industries. Asia-Pacific held over 23 shares in
2014. This region is expected to grow rapidly,
surpassing incomes worth USD 1.5 billion by
2024. Major companies in the global market
comprise Basis Software Inc. (Surphaser) 3D
Digital Corp. Topcon Corp. and FARO
Technologies. The industry is marked by strong
rivalry and often indulges in mergers
acquisitions. Firms cater to different sectors
like manufacturing, aerospace, education
research, and consumer goods. Introduction of
quality affordable 3D scanners provide
future market prospects. Browse Related
Category Market Reports _at_ https//www.hexaresearch
.com/research-category/next-generation-technologie
s-industry
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• Your Catalyst To a Lucrative Business
• Table of Content of 3D Scanner Market
• Methodology Scope
• Research Methodology
• Initial Data Exploration
• Statistical Modeling and Forecast
• Industry Insights and Validation
• Research Scope Assumptions
• List of Data Sources
• 2. Executive Summary
• 2.1 Industry Summary of 3D Scanner Market
• Industry Outlook
• 3D Scanner Market Segmentation
• 3D Scanner Market Size and Growth Prospects
• 3D Scanner Market Dynamics

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• Your Catalyst To a Lucrative Business
• Company Overview
• Revenue Analysis
• Product Benchmarking
• Strategic Initiatives
• 3D Digital Corp.
• Company Overview
• Revenue Analysis
• Product Benchmarking
• Strategic Initiatives
• Topcon Corp.
• Company Overview
• Revenue Analysis
• Product Benchmarking
• Strategic Initiatives
• FARO Technologies
• Company Overview
• Revenue Analysis

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