Global 3D Scanning Market is Expected to Reach $4.9 Billion, by 2020 - Allied Market Research

PORTLAND, Oregon, July 28, 2014 /PRNewswire/ --

According to a new market research report by Allied Market Research titled, Global3D Scanning Market (Type, Forms, Services, Applications, Geography) - Industry Analysis, Trends, Share, Opportunities and Forecast, 2013-2020", the global 3D scanning market is forecast to reach $4.9 billion by 2020 registering a CAGR of 12.4% during the forecast period (2014 - 2020). The market would remain to be dominated by the North American and European region, collectively contributing to more than two third of the global revenue share. However, Asia-Pacific region would also generate significant global revenue by 2020 with rapid growth. The revenue growth is due to growing adoption within industries such as healthcare, entertainment, etc. and also due to relevant developments in China, Japan, and India.

The 3D laser scanners are gaining widespread adoption in the various industries. The comparatively easier portability and relatively low-priced laser scanners are the key factors influencing the market adoption. By recognizing the potential of this type of scanners, numerous companies are launching their scanners based on laser technology. 3D laser scanners of companies such as Faro Technologies, Direct Dimensions inc., Creaform (now Ametek Inc.), etc. are preferred in various industries such as manufacturing, pipe check solutions, civil, etc.

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The initiatives taken by the governments across world to enhance health care sector and provide superior health care facilities are driving the adoption of 3D scanners in healthcare industry. The scanners have been very efficient in scanning the human body with their short and medium range scanning capabilities. The high-quality scanners provided by numerous vendors in the market are effective in diagnosing hidden problems in the human body. The rising demand for better and sophisticated healthcare facilities and growing health conscious populace in the developing countries is further responsible for the technological adoption.

3D scanning, an integral domain of 3D technology, refers to the method used to capture a three dimensional view of an object along with information such as colour, texture, etc. 3D scanning makes it possible to record the details of an object while minimizing the overall time, cost and effort required in the process. Various industries prefer reverse engineering as 3D scanning service since few years.

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AMR's analysis confers that reverse engineering services are the most promising services, anticipating significant revenue generation through 2020. Various industrial applications such as manufacturing, automobile, defence, etc. choose reverse engineering as a service of 3D scanning due to its effective analysis and modification of industry specific products. Recently, Geomagic launched its Design X solution in the 3D scanning market, which assists in reverse engineering by effectively capturing the object details and converting it to computer readable forms. Laser Design, Inc. offers its own versions of laser scanners in the market for reverse engineering. Faro Technologies had launched its own versions of laser scanners operating in different ranges to facilitate reverse engineering. However, face/body scanning would rapidly grow over time due to applications in medical and varied security related instruments. Shorter-range operations of 3D scanners are most commonly preferred due to the finest detail capturing capabilities. Laser scanners are most commonly used type in short range scanning. Handheld short range scanners developed by Faro Technologies, Creaform (now Ametek Inc.), GOM mbH, etc. are popular in the market in applications such as entertainment, healthcare, automotive, pipe inspection, etc.

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The companies profiled in the report include Faro Technologies, Ametek Inc., Quality Vision International, Direct Dimensions Inc., GOM mbH, Konica Minolta, Inc., 3D Digital Corporation, Autodesk Inc., 3D Systems, Inc., ShapeGrabber and Maptek Pty Ltd.

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