3D Scanning Market to Derive Growth from the Increasing Number of Product Launches Across the World

Pune, June 02, 2020 (GLOBE NEWSWIRE) — The global 3D scanning market size is projected to reach USD 10.90 billion by the end of 2026. The applications of 3D scanning across diverse industry verticals have had a huge impact on the growth of the market. According to a report published by Fortune Business Insights, titled “3D Scanning Market Size, Share & Industry Analysis, By Component (Hardware, Software), By Range (Short Range, Medium Range, Long Range), By Device (Portable, Stationary), By Application (Reverse Engineering, Quality Control and Inspection, Rapid Prototyping, Full Body Scanning, Gaming, Others), By End-User (Aerospace and Defense, Healthcare, Automotive, Architecture and Construction, Industrial Manufacturing, Entertainment and Media, Others), and Regional Forecast, 2019-2026,” the market was worth USD 5.02 billion in 2018 and will exhibit a CAGR of 10.2% during the forecast period, 2019-2026.Increasing Number of Product Launches Will Aid GrowthThe report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of product launches by major companies has made a huge impact on the growth of the market. In June 2018, Creaform announced the launch of a new portable 3D scanner. The company introduced Pipecheck 5.1, an upgraded version of non-destructive testing software. The product will be used for pipeline integrity inspections in the oil and gas industry. The company’s latest portable 3D scanner will help the company generate massive sales in the coming years. Furthermore, due to the huge consumer reach of the company, this product will have a positive impact on the growth of the overall market in the foreseeable future.CyberOptics CorporationNeoMetrix Technologies, Inc.Exact MetrologyFaro Technologies, Inc.GOM GmbH3D Systems, Inc.Autodesk, Inc.Quality Vision InternationalMaptek Pty Ltd.Topcon CorporationHexagon ABTrimble, Inc.
Industry Developments:September 2019 – Creaform announced the addition of a new version of 3D scanner to its ACADEMIA educational solution suite.Regional Analysis-North America Dominates the Market; Focus on Integrating 3D Scanners in Machinery to Aid GrowthThe report analyzes the ongoing 3D scanner market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, the market in North America currently dominates the market. The focus on integrating 3D scanners in machinery and automated equipment by major companies will aid the growth of the regional market. As of 2018, the market in North America was worth USD 1.64 billion and this value is projected to increase further in the coming years. The market in Europe will emerge as the second largest market in the coming years driven by increasing applications of the concept across diverse industries.IntroductionDefinition, By SegmentResearch ApproachSourcesExecutive SummaryMarket DynamicsDrivers, Restraints, and OpportunitiesEmerging TrendsKey InsightsMacro and Micro Economic IndicatorsConsolidated SWOT Analysis of Key PlayersGlobal 3D Scanning Market Analysis, Insights and Forecast, 2015-2026Key Findings / SummaryMarket Size Estimates and ForecastsBy Component (Value)HardwareLaser ScannerStructured Light ScannerOptical ScannerSoftwareBy Range (Value)Short RangeMedium RangeLong RangeBy Device (Value)PortableStationaryBy Application (Value)Reverse EngineeringQuality Control and InspectionRapid PrototypingFull Body ScanningGamingOthersBy End-User (Value)Aerospace and DefenseHealthcareAutomotiveArchitecture and ConstructionIndustrial ManufacturingEntertainment and MediaOthersBy Region (Value)North AmericaEuropeAsia PacificMiddle East and AfricaLatin AmericaTOC Continued…!!!
3D Sensors Market Size, Share and Global Trend by Technology (Ultrasound, Structured Light, Time of Flight, Stereo Vision), Type (Acoustic Sensor, CMOS 3D Image Sensor, Accelerometer Sensor, Image Sensor, Position Sensor), Applications (Consumer Electronics, Surveillance & Security, Entertainment, Automotive, Defense, Industrial Robotics, Healthcare) and Geography Forecast till 20253D Audio Market Size, Share & Industry Analysis, By Component (Hardware (Loudspeakers, Headphones, Microphones/Mic, Sound Bars and Others (Power Amp, etc.), Software and Services), By End-use (Residential and Commercial) and Regional Forecast, 2019-2026Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Contact Us:
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