According to a recent report published by Allied Market Research, titled, 3D Scanning Market by Type, Range, Services, and Application: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global 3D scanning market was valued at $8,427.0 million in 2017, and is projected to reach $53,345.0 million by 2025, growing at a CAGR of 25.7% from 2018 to 2025.
At present, North America dominates the market, followed by Europe. In 2017, the U.S. dominated the North America market and the UK led the overall market in Europe. While, in Asia-Pacific, China currently dominates the market.
Increase in demand for 3D scanners and technological advancements drive the growth of the global 3D scanning market. In addition, increased use of structured light-based 3D scanning in 3D printing market has fueled the demand for the 3D scanners. Moreover, use of 3D scanners in high definition content recording for movies and historical site preservation by 3D scanners is anticipated to provide potential growth opportunities for the market. However, price sensitivity and dependence of market growth on non-3D businesses hampers the growth of the global 3D scanning market.
Key Findings of the 3D Scanning Market:
- Based on range, the short-range segment led the global 3D scanning market in 2017. However, the medium range segment is anticipated to grow at the highest CAGR during the forecast period (2018-2025).
- North America held the majority of the market share in 2017.
- By application, the healthcare segment has been dominating the global 3D scanning market in 2017.
- Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.