3D scanner Market worth $3,705.9 Million by 2020, at a CAGR of 9.0%

According to a new market research report "3D Scanner Market by Type (Laser and Structure Light), Industry (Automotive & Transportation, Healthcare, Aerospace & Defense, Architecture & Construction, Energy & Power, Geospatial, and Others) and by Geography - Global Forecast to 2020", the 3D scanner market is expected to reach $3,705.9 Million by 2020, growing at a CAGR of 9.0% from 2015 to 2020.

Browse 70 market tables and 79 figures spread through 188 pages and an in-depth TOC on “3D Scanner Market - Global Forecast to 2020”.

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With 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 demand for faster and accurate quality control and inspection processes as conventional methods take time and are costly too. Reduced hardware complexity in 3D scanning is due to continuous technological advancements and to provide ample of opportunities for the optical 3D scanners market. 3D scanners are being widely used across several existing and emerging applications to ensure high product quality with better manufacturing throughput in minimum cost and time.

The overall 3D scanner market is segmented into various segments, namely type, range, product, industry and geography. The 3D scanner market in automotive & transportation industry is expected to grow at an estimated CAGR of 9.9% from 2015 till 2020.

Geographically, the 3D scanner market is segmented into Americas (North America and South America), Europe (Germany, the U.K., France, and others), APAC (China, Japan, India, and others), and the rest of the world (Australia, Africa, and the Middle East). The North America market is estimated to grow at a CAGR of 6.4% from 2015 till 2020.

In 2014, the 3D scanner market was dominated by Hexagon AB (Sweden), Faro Technologies (U.S.), Nikon Metrology (Belgium), and GOM mBH (Germany). There are many other players in this market such as, Perceptron Inc. (U.S.), Steinbichler Optotechnik GmbH (Germany), Sirona Dental Systems Inc. (U.S.), Align Technology Inc. (U.S.), 3Shape A/S (Denmark), Creaform (Canada), Trimble Navigation Ltd. (U.S.), Riegl Laser Measurement Systems GmbH (Austria), and Topcon Corporation (Japan) among others.

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