Demand for 3D Scanning and Impact of COVID-19……..



The global 3D scanning market size is estimated to reach USD 8.04 billion by 2025, according to a new study by Grand View Research, Inc. It is anticipated to expand at a CAGR of 8.4% from 2019 to 2025. Increasing R&D spending and technological advancements are anticipated to drive the growth. The emergence of structured light technology, counter to the customary laser dot or laser line technology, is also estimated to fuel the growth.
Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) solutions are anticipated to substantially contribute while responding to the COVID-19 pandemic and address continuously evolving challenges. The existing situation owing to the outbreak of the epidemic will inspire pharmaceutical vendors and healthcare establishments to improve their R&D investments in AI, acting as a core technology for enabling various initiatives. The insurance industry is expected to confront the pressure associated with cost-efficiency. Usage of AI can help in reducing operating costs, and at the same time, can increase customer satisfaction during the renewal process, claims, and other services. VR/AR can assist in e-learning, for which the demand will surge owing to the closure of many schools and universities. Further, VR/AR can also prove to be a valuable solution in providing remote assistance as it can support in avoiding unnecessary travel. The report will account for Covid19 as a key market contributor.
The convergence of these technologies may provide enhanced interactive and immersive experiences. The increasing number of advanced wearable devices, complemented by portable and sophisticated 3D scanners, could potentially make the human-techno interaction more immersive, realistic, and adjunct with fabrication practices. The incipient trends, such as mixed reality, Internet of Things (IoT), and rising conjunction between a wearable device in automotive fabrication and aerospace -designing are anticipated to drive the market growth.
3D scanning technology is expected to significantly transform the healthcare sector, owing to the increasing number of applications. The technology helps the healthcare organizations improvise their existing processes precisely and efficiently. The integration of 3D scanning and Mixed Reality (MR) technology in the medical field involves live interactive imaging for assisting medical students and physicians in their medical practice. For instance, researchers are able to use 3D scanning and MR technology to help doctors conduct surgeries more effectively and teach complex subjects to medical students. 3D scanning can help direct neurosurgery navigation for minimally invasive interventions in simplified forms.
To Request Sample Copy of this report, click the link:
https://www.grandviewresearch.com/industry-analysis/3d-scanning-industry/request/rs1
On the basis of product type, the 3D scanning market can be categorized into laser scanner, structure light scanner, optical scanner, and others. Optical scanners have been evolving gradually whereas the laser scanners have received acceptance owing to the launch of various innovative portable scanners. Increasing demand in industrial manufacturing, automotive designing is expected contribute to the market growth. A 3D scanner is used to capture straightforward and rigid dimensions of complex buildings and objects by deploying a laser medium. The modern-day intuitive touch-screen laser scanning models deliver increased clarity thereby conveying an astounding user experience.
Further key findings from the report suggest:
·         Adoption of 3D scanning technology in the Architecture, Engineering, and Construction (AEC) sectors is at a nascent stage. As the equipment and service costs of 3D scanners decrease, the opportunity for leveraging 3D scanning across the AEC sector is expected to become more tangible
·         The technology offers several potential benefits for project development, operations, and maintenance of existing assets, which are not completely realized by the customers
·         Asia Pacific is anticipated to witness immense growth opportunities from automotive and architectural sectors over the forecast period
·         Key players in the 3D scanning market include Nikon Metrology NV; Autodesk, Inc.; Hexagon AB; FARO Technologies; David Vision Systems GmbH; Basis Software, Inc.; Artec 3D; Fuel3D Technologies Limited; Creaform, Inc.; and GOM GmbH
The global 3D scanning market size was valued at USD 4.50 billion in 2018 and is projected to expand at a CAGR of 8.4% from 2019 to 2025. It is driven by advancements in technology and increasing R&D spending. Emergence of structured light technology, against the traditional laser dot or laser line technology, is also expected to fuel the growth.
The incipient trends, such as Mixed Reality (MR), Internet of Things (IoT), and the rising conjunction between wearable devices in automotive fabrication and aerospace designing are anticipated to drive the market. The convergence of these technologies may provide enhanced interactive and immersive experiences. Increasing number of advanced wearable devices, complemented by portable and sophisticated 3D scanners, could potentially make the human-techno interaction more immersive, realistic, and adjunct with fabrication processes.
In the manufacturing sector, 3D scanning technology has emerged as a crucial component of modern-day quality control and inspection systems. Manufacturing sector experiences several challenges, wherein safety, schedule, and cost, have ascended beyond the set budget limits, owing to inadequate and incorrect dimensional control procedures.
Technological advancements in hardware and software segment in the recent past have revolutionized the designing industry significantly. Increasing user expectations to experience and feel the product in a real environment has led to the development of 3D scanning and printing devices that create a strong illusion of real-life experience and portray less retro-manufactured look. The realistic representation of the product design during fabrication makes it more lucrative for the existing vendors to appeal a large customer base through dynamic designs. Moreover, graphics and image rendering play an important role in delivering an enhanced 3D demonstration. Innovative technologies, such as 3D effects and interactive graphics, provide synchronized experience to the user.
Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-3d-scanning-industry
Grand View Research has segmented the global 3D scanning market based on product type, range, component, type, application, end-user, and region:
3D Scanning Product Type Outlook (Revenue, USD Million, 2014 - 2025) 
·         Laser Scanner
·         Structured Light Scanner
·         Optical Scanner
·         Others
3D Scanning Range Outlook (Revenue, USD Million, 2014 - 2025) 
·         Short Range
·         Medium Range
·         Long Range
3D Scanning Component Outlook (Revenue, USD Million, 2014 - 2025) 
·         Hardware
·         Software
·         Service
3D Scanning Type Outlook (Revenue, USD Million, 2014 - 2025) 
·         Tripod Mounted
·         Fixed CMM Based
·         Portable CMM Based
·         Desktop
3D Scanning Application Outlook (Revenue, USD Million, 2014 - 2025) 
·         Reverse Engineering
·         Quality Control & Inspection
·         Virtual Simulation
·         Others
3D Scanning End-user Industry Outlook (Revenue, USD Million, 2014 - 2025) 
·         Automotive
·         Aerospace & Defense
·         Healthcare
·         Architecture & Construction
·         Others
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.





Comments

Post a Comment

Popular posts from this blog

Foot Orthotic Insoles Market 2026: What Will Be Changes In Investment Ratio With Opportunity Analysis?? |Grand View Research, Inc.

Image
The global foot orthotic insoles market size is expected to reach USD 5.5 billion by 2026 , according to a new report by Grand View Research, Inc., exhibiting a 6.3% CAGR during the forecast period. Growing incidence of diabetes and plantar fasciitis are expected to drive the market over the forecast period. Moreover, rapid urbanization and increasing disposable income are anticipated to propel growth in future. Technological advancements, spurred by ongoing investments in R&D, are expected to increase growth potential in the coming years. Moreover, rise in geriatric population, which is susceptible to orthopedic disorders, is impelling product demand globally. For instance, in 2017 as per the U.S. Census Bureau, the number of people aged 65 or older increased by 1.6 million from 2014 to 2015. In addition, increasing incidence of sports injuries and rising prevalence of osteosarcoma in the region has led to the need for various orthotics devices, which is expected to drive ...
Read more

A Look into Smokehouse Industry……Deep Analysis…..

Image
The global smokehouse market size is anticipated to reach USD 157.2 million by 2025 , according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 2.2% during the forecast period. Rising need for a healthy lifestyle has led consumers to prefer griller or barbequed food over fried food and other kinds of fast food. This trend is expected to have a positive impact on the market growth. The home care & decor industry has been witnessing inconsistent growth, since the Covid 19 outbreak. As a result of the ongoing pandemic crisis, there has been a drop in the overall performance of discretionary products such as decorative fixtures, bedding products, to name a few. The virus outbreak has, however, led to substantial growth in categories such as cleaning and hygiene products. Prominent growth in the e-commerce business is also one of the positive influences of the outbreak, wherein companies are focusing on expanding their distribution ...
Read more

A Look into Shapewear Industry……Deep Analysis…..

Image
The global shapewear market size is expected to reach USD 3.80 billion by 2025 registering a CAGR of 7.7%, according to a new report by Grand View Research, Inc. The introduction of various products according to the type of garments is expected to support the market growth in the years to come. Growing target population across the globe is also augmenting the market growth. Changing lifestyle incurs increased investment in fitness and related accessories, which has positively impacted the market growth. The clothing, footwear, & accessories industry is anticipated to witness checkered growth throughout 2020, as a result of the unprecedented supply chain disruptions caused by the COVID-19 outbreak worldwide. The expected decline in the global sales of clothing, footwear, & accessories is attributable to massive supply chain disruptions across significant export markets, including China and India. However, the industry is likely to recover over the forecast timeframe,...
Read more