3D scanning finds myriad applications in industries such as automotive, construction, healthcare, and engineering. 3D scanners capture an object's exact shape and geometry, creating a digital 3D representation. They are used to create accurate 3D models and designs, perform quality control inspections, generate precision parts, and capture objects or environments in 3D. The global 3D scanning market is estimated to be valued at US$ 2503.2 Bn in 2024 and is expected to exhibit a CAGR of 16.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increased adoption of 3D scanners in the automotive industry has been a key trend fueling market growth. Automakers utilize 3D scanners to digitally design automobile prototypes and components, enabling precise modeling of interiors and exteriors to exact specifications prior to mass production. 3D scanning also allows automakers to address quality issues and eliminate design flaws earlier in the development cycle. By reducing physical prototyping needs, 3D scanning significantly cuts costs and design times for new vehicle development. The technology further assists in reverse engineering of existing components for repair or modification purposes. As automotive manufacturers continue embracing 3D digitization, the adoption of 3D scanning solutions in the industry is expected to surge considerably over the forecast period.
Segment Analysis
The global 3D scanning market is dominated by the industrial manufacturing segment. 3D scanning solutions find wide usage in the industrial manufacturing sub-segment for quality inspection, reverse engineering, rapid prototyping, and modeling. This sub-segment accounts for over 35% of the overall market share due to the high demand for accuracy and lower production times in industrial manufacturing.
Key Takeaways
The global 3D Scanning Market Growth is expected to witness high growth over the forecast period of 2023 to 2030.
Regional analysis: The Asia Pacific region is expected to witness the highest growth rate during the forecast period. Factors such as presence of key manufacturing countries such as China, Japan and India, rapid infrastructural development and growing automotive and consumer electronics industries are expected to fuel the demand for 3D scanning technologies in the region. The region is estimated to account for over 30% of the global 3D scanning market by 2030.
Key players operating in the 3D scanning market are McAfee, LLC, AO Kaspersky Lab, Bitdefender, FireEye, Inc and Malwarebytes. McAfee, LLC is one of the leading security solution providers with a strong presence across North America and Europe. AO Kaspersky Lab is a prominent Russia based cyber security provider catering to both B2B and B2C customers globally.
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