3D Scanner Market to Hit 9.6% CAGR to 2022 Led by Portable CMM-based Products

Jul 01, 2016, 04:00 ET from Market Reports Hub

PUNE, India, July 1, 2016 /PRNewswire/ --

Laser 3D scanner is expected to hold the largest share of the 3D scanner market between 2016 and 2022 owing to its ease of usage and availability while Portable CMM-based 3D scanner market is set to grow at the highest CAGR during the forecast period led by the automotive industry due to its widely usage for quality control and inspection in manufacturing.

Complete report on 3D scanner market spread across 100 pages, profiling 11 companies and supported with 83 tables and 100 figures is now available at http://www.marketreportshub.com/3d-scanner-industry-research-marketsandmarkets.html .

The 3D scanner market size, in terms of value, is expected to grow from USD 3.41 billion in 2015 to USD 5.90 billion by 2022, at a CAGR of 9.6% between 2016 and 2022. The 3D scanner hardware market size, in terms of volume, is expected to reach 114.9 thousand units by 2022, at a CAGR of 10.9% between 2016 and 2022. 3D scanners can overcome the limitations of traditional inspection methods and reduce the time as well as cost of production operations while matching, or even exceeding the accuracy of traditional scanning.

Portable CMM-based 3D scanners are gaining popularity in conventional applications as well as non-conventional applications owing to the convenience they offer and the possibility of scanning tight spaces with high accuracy. The portable CMM-based 3D scanners are categorized into handheld and articulated arm CMM. Articulated arm CMM type provides quick and accurate inspection of any workpiece or object. Handheld 3D scanners are expected to grow at the highest rate in the portable CMM category.

The laser 3D scanner is expected to hold the largest share of the 3D scanner market between 2016 and 2022 owing to its ease of usage and availability. There are several technologies within this type of 3D scanners with different accuracies and operation modes. The prominent 3D laser scanning technologies include laser triangulation, phase shift, and time-of-flight. All these techniques can be used independently or in combination to ensure an accurate 3D scanning system.

The APAC region holds a tremendous market potential in the near future and is expected to grow at the highest CAGR during the forecast period. Some of the major drivers for the growing demand for 3D scanners in the APAC region include the rising number of infrastructure projects, growing preference for custom implants, and increasing number of dental restoration surgeries.

The key players in the 3D scanner market profiled in this report such as Hexagon AB (Sweden), Faro Technologies Inc. (U.S.), Nikon Metrology NV (Belgium), GOM mbH (Germany), Creaform Inc. (Canada), Trimble Navigation Ltd. (U.S.), Topcon Corporation (Japan), Perceptron Inc. (U.S.), Riegl Laser Measurement Systems GmbH (Austria), Carl Zeiss Optotechnik GmbH (Germany) and 3D Digital Corporation (U.S.). Order a copy of 3D Scanner Market by Offering (Hardware, Aftermarket Service), Type (Laser, Structured Light), Range, Product (Tripod Mounted, Fixed CMM Based, Portable CMM Based, and Desktop), Application, Industry, and Geography - Global Forecast to 2022 research report at http://www.marketreportshub.com/purchase?rpid=2980 .

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (55%), Tier 2 (20%) and Tier 3 (30%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level Executives (75%) and Mangers (25%) from various key organizations operating in the global 3D scanner market. The primary interviews were conducted worldwide covering regions such as North America (40%), Europe (30%), APAC (20%) and Row (10%).

On a related note, another research on Industrial 3D Printing Market Global Forecast to 2022 says, Industrial 3D Printing Market To Grow At A CAGR Of 29.2% Between 2016 And 2022. Industrial 3D printing market for electrical & electronics industry is to witness High Growth Rate during the Forecast Period. APAC industrial 3D printing market expected to witness fastest growth during the forecast period. Companies like 3D Systems Corporation, Stratasys Ltd., the ExOne Company, Voxeljet AG), Arcam Group, SLM Solutions Group AG, EOS GmbH, EnvisionTEC GmbH, Materialise NV, Sciaky Inc., Concept Laser GmbH, Hoganas AB, Renishaw PLC., Oxford Performance Materials Inc. and Sculpteo have been profiled in this 203 pages research report available at http://www.marketreportshub.com/industrial-3d-printing-industry-research-marketsandmarkets.html .

Explore more reports on I.T. & Telecommunication market at http://www.marketreportshub.com/categories/i-t-telecommunication .

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