Projected Growth Rate of the 3D Scanning Market from 2023 to 2032

The 3D Scanning Global Market Report 2023, provides comprehensive information on the 3d scanning market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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In accordance with The Business Research Company’s 2023 Global Market Report on 3D Scanning, we anticipate a noteworthy expansion in market dimensions. The statistics reveal that the market, which stood at $4.95 billion in 2022, is poised to surge to $5.38 billion in 2023, manifesting a substantial Compound Annual Growth Rate (CAGR) of 8.7%. However, it is imperative to acknowledge the prevailing geopolitical turmoil, notably the Russia-Ukraine conflict, which has cast a shadow over global economic rehabilitation in the short term. This conflict has engendered a cascade of ramifications, including the imposition of economic sanctions on multiple nations, a notable escalation in commodity prices, and ensuing disruptions in the supply chain. These adversities have collectively given rise to inflationary pressures on goods and services, precipitating a ripple effect across numerous international markets.

Nevertheless, our outlook remains optimistic. The 3D scanning market is poised for further expansion, and our projections indicate a prospective market size of $7.47 billion by the year 2027, accompanied by a robust CAGR of 8.5%. These numbers underscore the resilience and adaptability of the 3D scanning industry in navigating challenging global landscapes and affirm its continued growth trajectory.

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The 3D scanning market is witnessing a substantial surge in the adoption of cutting-edge technology as a dominant and evolving trend. This profound technological transformation is significantly impacting the strategies of major players within the 3D scanning industry. These prominent entities are directing their efforts toward pioneering advanced and innovative technological solutions, fortifying their market standing and enhancing their competitive edge.

An exemplary illustration of this technological progression was observed in October 2021 when API Metrology, a distinguished US-based enterprise specializing in 3D measurements and high-volume metrology solutions, introduced the iScan3D, a hand-held metrology grade 3D scanner hinging on laser technology. This innovative device boasts enhanced optical components and blue-crossed laser lines, facilitating the swift and precise generation of a metrology grade point cloud. A noteworthy feature of the iScan3D is its integrated process controller, which seamlessly communicates with API’s Radian Six Degrees of Freedom (6DoF) Laser Tracker. This dynamic integration allows for meticulous supervision of scanning positions, culminating in the delivery of high-precision measuring and scanning results.

The introduction of such groundbreaking solutions is emblematic of the industry’s dedication to elevating its standards and meeting the evolving demands of a diverse clientele. This progression not only underscores the significance of technological innovation in the 3D scanning sector but also showcases the industry’s commitment to delivering advanced and precise solutions. As technology continues to advance, the 3D scanning market remains poised for continuous growth and adaptation to meet the ever-expanding needs of its users.

The 3d scanning market is segmented:

1) By Type: Optical Scanner, Laser Scanner, Structured Light Scanner

2) By Offering: Hardware, Software, Services

3) By Application: Entertainment and Media, Aerospace and Defense, Healthcare, Civil and Architecture, Industrial Manufacturing, Other Applications

 

North America was the largest region in the 3d scanning market in 2022.

 

The table of contents in TBRC’s 3d scanning market report includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis

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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

 

 

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

 

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