The North America 3D Scanners market stood at USD 443.4 million in 2018 and is projected to reach USD 1382.1 million by 2025 with a significant CAGR of 18.5% during the forecast Period 2019-2025. North America has an enormous market potential for high-end applications as they have been at the forefront of adopting the latest 3D scanning techniques to improve the quality and productivity of goods across different industries.
3D scanning technology has seen significant commercial adoption. Some of the significant factors driving the growth of the 3D scanner market are rapid technological advances, growing application of 3D scanners in new market segments, and increasing acceptance of 3D scanners to enhance product quality and minimize manufacturing time. Technological advances in the information and communication technology (ICT) field and the advent of Artificial Intelligence (AI) and the Internet of Things (IoT) are expected to fuel the growth of the 3d Scanner Market in North America. Technology & hardware vendors are increasingly focusing on improving workflows and ease of use; this propels 3D scanner sales. In addition, the versatility of the technology to be tailored to meet professional needs in different industries has made it widely popular across major end-user industries. 3D Scanning technology has gained popularity in various industries, such as safety, engineering, entertainment, construction, and automobiles.
Growth drivers
The growing technology
The continuous growth of technology is one of the major factors that fueling demand across the region. Incipient trends, such as Mixed Reality (MR), the Internet of Things (IoT), and the increasing combination of wearable devices in automotive manufacturing and aerospace design, are expected to drive the market. Increasing numbers of specialized wearable devices, augmented by portable and sophisticated 3D scanners, may theoretically make the human-techno interaction more immersive, practical, and adjunct to manufacturing processes.
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Growth in widely available applications
The growth in widely available application of 3D scanners is fueling the market growth. The 3D scanning market is estimated to see significant growth due to increasing eminence in various industry segments, including dimensional mechanical inspection, high-quality archaeology, aerospace, and defense.
3D Scanners Market: Competitive Landscape
The major market players in the 3D Scanners are Creaform USA Inc., Hexagon AB, Exact Metrology Inc., 3D Digital Corp., ARTEC 3D, HP Inc., 3D Systems Inc., Trimble Navigation Ltd., Basis Software Inc., Faro Technologies Inc., and Other Prominent Players are expanding their presence in the market by implementing various innovations and technology.
Recent Developments:
Ø In April 2019, Creaform has launched a third-generation Go scanning solution! Solution of SCAN. Go! The Go! Scan SPARK is a portable 3D scanner designed for professional development of products.
Ø In June 2018, Hexagon AB launched Leica RTC360, a laser scanner equipped with edge computing technology to enable fast and highly accurate creation of 3D models in the field. According to the company, it is the world's first 3D laser scanner with automatic in-field pre-registration.
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