3D Scanning is a simple method of building virtual models of objects by undertaking physical measurements of the object. This process is quick and accurate and the device that facilitates the capturing of 3D scan information is called a 3D scanner.

3D scanners capture and measure geometry of physical object or environment by using lasers or structured light. Data captured by these 3D scanners are often called as point clouds which are used by software to create 3D representation of a scanned object or physical environment for in-depth analysis, inspection, and modification. 3D scanners find wide application across several industries to ensure high product quality.

With the increasing competition every year, researchers and manufactures are compelled to shorten the product development and production cycle in order to ensure faster time-to-market of new and improved offerings. This has resulted in the demand for faster and accurate quality control and inspection processes as conventional methods take time and are costly too.

The reduction in hardware complexity in 3D scanning is due to continuous technological advancements and also providing ample of opportunities for optical 3D scanner market. 3D scanners are being widely used across several existing and emerging applications to ensure high quality product with better throughput in minimum cost and time. High accuracy handheld 3D scanners and automated & inline 3D scanning solutions are the key opportunity areas for the 3D scanner market.

The data generated from this scanning is utilized in building virtual models of the object to augment the required attributes. The 3D scanning is a fast growing industry where improving technological capabilities are set to significantly impact the growing applications for these products.
3D Scanning is an accurate and fast method which determines the shape of an entity’s surface or its volume in a 3-dimensional space. 3D Scanners are the devices which capture 3D information about the real-world objects, thereby helping in 3D visualization and measurement.

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Market Driving Factors:
The Major driving factors of the 3D Scanning Market, as examined by Industry Arc’s research analysts are:
• The market can capitalize on to sustain growth and competitiveness in the near future.
• Laser Scanning has been instrumental in reducing the installation costs by 6-8% and schedule contraction by 10%.
• 3D scanning has become a vital aspect in analyzing the design and engineering plans to evaluate conflicts in the existing conditions along with better alternatives.
• The 3D scanning methods ensures that project stakeholders are equipped with better situations to be compliant with the safety and regulatory measures.

Geographical Study of the Market:
The growing competition in the existing market, the small players aim to protect their intellectual rights. The maximum share of Patent filings has been contributed by companies such as Toshiba, Xerox and Eastman Kodak Inc., who exist in the market with business goliaths such as Microsoft Corporation, Koninkl Philips Electronics NV and Samsung Electronics Co Ltd. The bigger companies have been in the process of upgrading the existing product, service or technology without interfering with the original concept.

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Notable Applications Brief:
The growing demand for rapid prototyping and 3D scanning in inspection applications in these industries is set to drive adoption of 3D scanning devices in order to improve the cost and time to market. The growing applications and technological advancements in the aerospace industry. This creates a bigger potential market for 3D scanning resulting in higher growth. The education segment is forecast to exhibit the highest growth as 3D scanning is set to be utilized in medical, engineering, art and architectural education fields to create and learn using digital models of products allowing students a more interactive educational process.

REPORT SCOPE:
Market Segmentation:
The 3D Scanning Market is broadly segmented into 4 types based on the later given factors. The broad segmentation is further led to a narrower stream of divisions made by experts of IndustryARC and mentioned in this research report.
1. By Technology: Laser Scanner, Machine Vision, Co-ordinate Measuring Machines.
2. By Application: Reverse Engineering, Inspection, Digital Archiving.
3. By End user: Automotive, Medical, Consumer.
4. By Geography: Americas, U.S, Europe, Asia-Pacific, ROW.

Key Market Players:
Few of the top prominent competitors out of the complete list of 40+ companies of the 3D Scanning Market which are studied in depth and mentioned in this research report are:
• Carl Zeiss
• Hexagon
• Ametek
• Mitutoyo
• FARO
• GOM.

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