3D Scanning Market size forecast to grow at a CAGR of 11.5% during the next seven years

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3D Scanning Market size forecast to grow at a
CAGR of 11.5 during the next seven years Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from 3D Scanning Market

• Market size of 3D laser scanning reached USD 1.5
  billion in the year 2014 and is expected to
  contribute in majority of industry shares till
  2022.
• Market size of optical scanners will continue to
  rise with a CAGR of 11 between years 2015 to
  2022.
• Market of short range scanners is expected to
  touch USD 2.8 billion till 2022 and is likely to
  occupy 46 of overall market share.
• Exponential growth is expected to be seen in
  entertainment and media sector which is likely to
  touch USD 600 million till 2022 with a CAGR of
  13 between the years 2015 to 2022.
• With the increase in importance of 3D scanning
  market size, architecture and engineering sector
  is likely to capture 12 share till 2022.

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Continued...

• Latin America is estimated to exceed USD 750
  million till 2022 and is rising with a CAGR of
  13 between the years 2015 to 2022.
• Asia Pacific market of 3D scanning captured 23
  of overall share in 2014 and is likely to go
  beyond USD 1.5 billion till 2022.

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Europe 3D scanning market size, by product (USD
Million), 2012 2022

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360 Analysis

• Application Analysis
• Entertainment media is forecast to witness the
  highest growth it is likely to be worth over USD
  600 million by 2022, growing at a CAGR of over
  13 from 2015 to 2022. Increasing significance of
  these scanners for architecture applications can
  be attributed to advent of portable devices.
• Regional Analysis
• North America 3D scanning market share is
  anticipated to remain over 25 of the global
  revenue over the forecast period. Increasing
  demand for structured light scanners is likely to
  experience substantial growth across the region,
  over the next few years.Latin America is
  anticipated to be the most attractive regional
  segment. It likely to cross USD 750 million by
  2022, growing at a CAGR of over 13 from 2015 to
  2022.
• Competitive Market Share
• Major industry participants competing for 3D
  scanning market share include Ametek (Creaform),
  3D Digital Corp., Basis Software Inc (Surphaser),
  Maptek, Topcon and FARO Technologies.

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