Advancements in technology and market demands are fueling the growth of the 3D scanning applications.
FREMONT, CA: The 3D scanning market is large and is growing quickly. According to a report, the 3D scanning market was valued at USD 1.007 billion in 2018 and is estimated to reach USD 3.261 billion by the end of 2024. Moreover, 3D scanning is evolving due to the advancements in technology and an increase in investment in R&D. The combination of technologies can offer enhanced immersive and interactive experiences in the field of 3D scanning. The emerging trends in 3D scanning can be viewed through the lens of various categorizations bases.
On the basis of product, 3D scanning can be divided into a laser scanner, optical scanner, and structured light scanner. The optical scanner segment is gradually evolving, whereas the laser scanner segment has gained innovative acceptance with the emergence of various portable scanners. The increased demand for 3D scanning application automotive designing and industrial manufacturing will contribute to market growth.
The 3D scanning can also be divided on the basis of range into medium, short, and long-range 3D scanners. The short-range laser scanners are expected to have significant growth due to their low-cost nature and various dynamic solicitation areas. The short-range sensors function in a range of 0.5 centimetres to 2 meters and are used for medical applications, body scanning, and reverse engineering. On the other hand, medium scanners operate in a range of 1 meter to 300 meters and are used in industrial manufacturing, civil engineering, and archaeology. Medium range scanners are expected to witness steady growth until 2025.
Based on applications, the 3D scanning sector is segmented into aerospace & defense, industrial manufacturing, architecture & engineering, healthcare, and other 3D scanning-based applications. Among the above, the healthcare segment of 3D applications is expected to grow exponentially. The increased demand for custom-modeling of prosthetic organs through 3D scanning is driving the trend for the healthcare segment.
Thus, 3D scanning is swiftly gaining prominence across the industry verticals. Firms that are quick to adapt as per the above trend will lead the market in the future.