Global3D scanning market is expected to be valued at USD 4,900.7 million by 2020, asper a new research report by Radiant Insights, Inc. Increasing need for speedyand precise results with high efficiency is anticipated to drive the industry.
3Dscanning market is expected to witness significant growth owing to increasingeminence in numerous industry segments namely mechanical dimensionalinspection, quality archaeology, aerospace and defense It assist with highresolution and 3D digitization over traditional methods. Use of this technologyin transport application for investigating the accident scenarios by simulatingand digitizing the actual event is expected to impact the industry.
Usageof this scanner in architecture, engineering and construction facilitate in newproject development. Operations and maintenance of existing properties isaccomplished with the help of this technology. Structured light scanner wasvalued at USD 279.9 million. It is anticipated to be the fastest growing segment.It is projected to reach USD 742.5 million by 2020, growing at a CAGR of 14.5%from 2014 to 2020.
Read Complete Report with TOC @ http://www.radiantinsights.com/press-release/global-3d-scanning-market
3Dscanning, acts as a crucial instrument for performing structural and culturalassessments along with supervision on construction activities. The industry isfuelled with flourishing innovation and R&D expenditure.
Complexinstallation process and expensive technology is expected to hamper the demandgrowth. However, emergence of portable scanners is projected to pose potentialopportunities to industry participants.
Laserscanner was the foremost product segment and was valued at USD 1,247.4 in 2013.It is estimated to reach USD 2,997.5 million, growing at a CAGR of 12.9% from2014 to 2020.
Thereport “3D Scanning Market Size, Forecast, Analysis Report, 2020” is availablenow to Radiant Insights customers and can also be purchased directly at
Read Sample report of this Category: http://www.radiantinsights.com/research/3d-scanning-market-analysis
Key report insights suggest:
• Europe dominated the global demandwith an industry share of 32.65% % in 2013 with North America valued at 28.33%for the same year. It is expected to grow at a CAGR of 12.6% from 2014 to 2020,owing to advancement in healthcare and entertainment sectors.
• Entertainment and media applicationswere valued at USD 175.4 million in 2013 and are projected to reach USD 486.1by 2020 growing at a CAGR of 15.2% from 2014 to 2020, due to growing usage ofbuilding 3D models for movies, video games and relaxation purposes.Architecture and engineering was valued at USD 221.8 million in 2013. It islikely to reach USD 587.6 million by 2020, growing at a CAGR of 14.5% from 2014to 2020. The growth can be attributed to application of scanners inarchaeology.
• Short-range 3D scanner was foremostsegment and was valued at USD 861.8 million in 2013 and is projected to reachUSD 2,218.5 million, growing at a CAGR of 14.0% from 2014 to 2020. Mid-rangescanner was valued at USD 665.9 million in 2013. It is estimated to grow at aCAGR of 13.6% from 2014 to 2020 owing to accurate and fast data acquisition.
• Moderately consolidated global 3Dscanning industry consists of key companies such as Basis Software Inc, Ametek,FARO Technologies, and Steinbichler among others.
For the purpose of this study,Radiant Insights has segmented the Global 3D scanning market on the basis ofproduct, application, range and region:
Global3D Scanning Product Overview (Revenue, USD Million, 2012 - 2020)
• Laser Scanner.
• Structured Light Scanner.
• Optical Scanner.
Global3D Scanning Application Overview (Revenue, USD Million, 2012 - 2020)
• Industrial Manufacturing.
• Aerospace & Defense.
• Healthcare.
• Architecture & Engineering.
• Entertainment & Media
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