Research Insight

Tiles Market, Industry Size Forecast Report

• Published: February 2023

Plastics Market, Industry Size Forecast Report

• Published: February 2023

Accenture (Ireland) and Cognizant (US) are Leading Players in the Healthcare Payer Services Market

The healthcare payer services market is projected to reach USD 118.2 billion by 2027 from USD 69.9 billion in 2022, at a CAGR of 11.1% during the forecast period. Growth in this market is mainly driven by the increasing health insurance enrolments, rising incidences of healthcare frauds, federal mandates, and rising cases of chronic diseases. However, the risk of data breaches, a loss of managerial control, cultural and language barriers, and high costs associated with outsourcing are expected to restrain the growth of this market.

• Published: February 2023

Top Text-to-video AI Companies - Vimeo (US) and Hour One (Israel) | MarketsandMarkets

The text-to-video AI market size is projected to grow from USD 0.1 billion in 2022 to USD 0.9 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 37.1% during the forecast period. The inclusion of data-driven videos on websites to boost conversion rates is driving the growth of the text-to-video AI market.

• Published: February 2023

Text-to-Video AI Market Size and Share - Comprehensive Analysis and Insights

At a Compound Annual Growth Rate (CAGR) of 37.1% over the course of the forecast period, the text-to-video AI market is expected to increase from USD 0.1 billion in 2022 to USD 0.9 billion by 2027. The inclusion of data-driven videos on websites to boost conversion rates is driving the growth of the text-to-video AI market.

• Published: February 2023

Text-to-Video AI Industry Trends, Growth, and Future Outlook

The size of the text-to-video AI market is anticipated to increase at a Compound Annual Growth Rate (CAGR) of 37.1% from USD 0.1 billion in 2022 to USD 0.9 billion by 2027. The inclusion of data-driven videos on websites to boost conversion rates is driving the growth of the text-to-video AI market.

• Published: February 2023

Top companies list of Cloud Managed Network industry - Cisco (US), IBM (US) and Ericsson (Sweden)

The global cloud managed network market size is projected to grow from USD 21.6 billion in 2022 to USD 36.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period.

The major factors that are expected to drive the growth of the cloud managed network market include the growing need for cloud managed networks and the increasing reliance of organizations on IT assets to enhance their business productivity.

• Published: February 2023

Cisco (US), IBM (US) and Ericsson (Sweden) are leading players in Cloud Managed Network Market

The global cloud managed network market size is projected to grow from USD 21.6 billion in 2022 to USD 36.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period. The major factors that are expected to drive the growth of the cloud managed network market include the growing need for cloud managed networks and the increasing reliance of organizations on IT assets to enhance their business productivity.

• Published: February 2023

Robotics as a Service Companies - Kuka (Germany),Locus Robotics (US) and Exotec (France) are the Leading Manufacturers

Robotics as a service market size is valued at USD 1.8 billion in 2023 and is anticipated to USD 4.0 billion by 2028; growing at a CAGR of 17.4% from 2023 to 2028. Factors such growing growing adoption of Industry 4.0 and anticipated shortage of skilled labour in manufacturing industries are driving the growth of the market during the forecast period.

• Published: February 2023

Top Threat Modeling Tools Companies - Cisco (US), IBM (US), Synopsys (US) | MarketsandMarkets

The global Threat Modeling Tools Market is projected to increase from an anticipated USD 0.8 billion in 2022 to USD 1.6 billion by 2027, At a Compound Annual Growth Rate (CAGR) of 14.9% from 2022 to 2027. Growing demand for user-friendly threat modeling tools, stringent government regulations, and rising cases of cyber crimes are some factors driving the threat modeling tools market growth.

Major Threat Modeling Tools Companies Include:

• Cisco (US)
• Security Compass (Canada)
• Sparx Systems (Australia)
• IriusRisk (Spain)

• Published: February 2023

Fire Protection System Pipes Companies - Johnson Controls (Ireland), Tata Steel (IIndia) are Leading Players in the Fire Protection System Pipes Market

The fire protection system pipes market size is projected to reach USD 28.5 billion by 2027 at a CAGR of 6.7% from USD 20.6 Billion in 2022. Growth of the market is fueled by the growth of the construction industry, increase in loss of human lives and property due to fire breakouts, stringent regulatory compliances, and rise in the adoption of wireless technology in fire detection systems. High initial costs, concerns about false alarms and detection failures, and the high cost of upgrading traditional fire detectors to smart detectors are restraining market growth.

• Published: February 2023

Lockheed Martin Corporation (US) and RTX (US) are Leading Players in the Directed Energy Weapons Market

• Published: February 2023

Thermoplastic Vulcanizates Companies - LyondellBasell Industries Holdings B.V. (Netherlands) and Celanese Corporation (US) are Leading Players in the Thermoplastic Vulcanizates Market

The market for thermoplastic vulcanizates is approximated to be USD 2.6 billion in 2022, and it is projected to reach USD 4.9 billion by 2032 at a CAGR of 6.5%.

• Published: February 2023

Key Growth Factors Driving and Size, Share DevOps Market

The DevOps market is anticipated to develop at a Compound Annual Growth Rate (CAGR) of 19.7%, from USD 10.4 billion in 2023 to USD 25.5 billion by 2028.

To know about the assumptions considered for the study download the pdf brochure

The DevOps market is experiencing robust growth, driven by several key factors that are reshaping software development and IT operations. Here are the primary growth factors:

• Published: February 2023

Market Leaders: BASF SE (Germany) and Bayer Crop Sciences (Germany) Continue to Expand Their R&D Capacities to Further Strengthen their Presence in the Global Agrochemicals Mergers & Acquisitions Market

The global agrochemicals market is projected to grow at a significant rate during the forecast period in terms of value. The agricultural industry is constantly evolving due to the increased demand for agrochemicals. Agricultural productivity has risen because of improved crop varieties, enhanced crop protection chemicals, and supplementary irrigation water. The global mergers and acquisitions in the agrochemicals market have resulted in the consolidation of the market and risen the competition levels. Mergers and acquisitions have resulted in bringing together different stakeholders in the value chain in order to increase the quality of the product output.

• Published: February 2023

Becton, Dickinson and Company (US) and Aspen Surgical (US) are Leading Players in the Ultrasound Needle Guides Market

The global ultrasound needle guides market is projected to reach USD 369 million by 2027 from USD 274 million in 2022, at a CAGR of 6.1%. The growth of this market is mainly driven by the rising prevalence of target diseases such as cancer and cardiac disorders, increasing preference for minimally invasive biopsies.

• Published: February 2023

Becton, Dickinson and Company (US) and Premier, Inc. (US) are Leading Players in the Infection Surveillance Solutions Market

The global infection surveillance solutions market is projected to reach USD 1,100 million by 2027 from USD 577 million in 2022, at a CAGR of 13.8% during the forecast period. Growth in this market is predominantly driven by the increasing prevalence of hospital-acquired infections and new Medicare policies, including non-payment for hospital-acquired conditions. The rising number of surgeries, the growing geriatric population, the increasing incidence of chronic diseases, and increasing adoption of antimicrobial stewardship programs are the other factors driving the growth of this market. However, data breaches, and lack of skilled analysts are expected to hamper the growth of this market during the forecast period to a certain extent.

• Published: February 2023

CVD Lab-grown Diamonds Companies - De Beers Group (UK) and SP3 Diamond Technologies (US) are Leading players in the CVD Lab-grown Diamonds Market

The CVD lab-grown diamond market is projected to grow from USD 11.3 billion in 2022 to USD 15.9 billion by 2027, at a CAGR of 7.1% from 2022 to 2027. The growth of the market is driven by the rising awareness and demand for lab-grown diamonds in various industrial applications such as machine & cutting tools, heat sinks & exchangers, and electronics, among others.

• Published: February 2023

Top Data Annotation and Labeling Companies - Appen (Australia), Oracle (US) | MarketsandMarkets

The global data annotation and labeling market is projected to register a CAGR of 33.2% during the forecast period, reaching USD 3.6 billion by 2027 from an estimated USD 0.8 billion in 2022. Major drivers for the market include the growing need to enhance machine learning models and need to train AI algorithms to enhance the performance. As Al algorithms are trained rather than programmed, it drives the need for huge amounts of accurately labeled, high-quality datasets to ensure an optimum efficiency.

As a result, there is a significant need for data annotation and labelling tools to annotate data streams that can be reliably fed into AI and ML models. The high cost incurred in manual data annotation is one of the underlying restraints of the market for data annotation and labeling. It might take a lot of time and money to manually annotate large datasets for projects that frequently use them in order to ensure  the high data quality.

• Published: February 2023

Sustainable Pharmaceutical Packaging Companies - Market Leaders in Sustainable Pharmaceutical Packaging Market

The global Sustainable pharmaceutical packaging market size is projected to grow from USD 71.6 billion in 2022 to USD 146.3 billion by 2027, at a CAGR of 15.4% during the forecast period. The growing awareness about environmental sustainability and the need to reduce waste has led to an increase in demand for sustainable packaging in the pharmaceutical industry. Also Governments around the world are implementing regulations to reduce the environmental impact of packaging and to promote the use of sustainable packaging materials are fueling the demand for sustainable pharmaceutical packaging market.

• Published: February 2023

Data Annotation and Labeling Market Size, Share, and Growth Projections

Over the course of the projection period, the global data annotation and labelling market is expected to grow at a compound annual growth rate (CAGR) of 33.2%, from an anticipated USD 0.8 billion in 2022 to USD 3.6 billion by 2027. Major drivers for the market include the growing need to enhance machine learning models and need to train AI algorithms to enhance the performance. As Al algorithms are trained rather than programmed, it drives the need for huge amounts of accurately labeled, high-quality datasets to ensure an optimum efficiency.

• Published: February 2023

Data Annotation and Labeling Industry Trends - Opportunities and Challenges

The market for data annotation and labelling is expected to grow at a compound annual growth rate (CAGR) of 33.2% over the course of the forecast period, from an estimated USD 0.8 billion in 2022 to USD 3.6 billion by 2027. Major drivers for the market include the growing need to enhance machine learning models and need to train AI algorithms to enhance the performance. As Al algorithms are trained rather than programmed, it drives the need for huge amounts of accurately labeled, high-quality datasets to ensure an optimum efficiency.

As a result, there is a significant need for data annotation and labelling tools to annotate data streams that can be reliably fed into AI and ML models. The high cost incurred in manual data annotation is one of the underlying restraints of the market for data annotation and labeling. It might take a lot of time and money to manually annotate large datasets for projects that frequently use them in order to ensure  the high data quality.

• Published: February 2023

Automotive Steering System Companies - JTEKT Corporation (Japan), Nexteer (US) and Robert Bosch (Germany) are the leading players

The Automotive Steering System market is projected to grow from USD 35.3 billion in 2022 to USD 39.5 billion by 2027, at a CAGR of 2.3% over the forecast period.

• Published: February 2023

Top Companies in Automotive Operating System Industry - Automotive Grade Linux (US), Microsoft Corporation (US), Apple Inc. (US) and Alphabet Inc. (US) are Leading Players

The automotive operating system market is projected to grow from USD 12.7 billion in 2022 to USD 25.8 billion by 2030, at a CAGR of 9.2%. Parameters such as increasing adoption of ADAS features, paired with rising sales of luxury cars will boost the demand for the automotive operating system.

• Published: February 2023

Aircraft Electric Motors Companies - Moog Inc (US), and Ametek Inc.(US) are the Key Players

The Aircraft Electric Motors market size is projected to grow from USD 8.2 Billion in 2022 to USD 12.9 Billion by 2027, at a CAGR of 9.4% from 2022 to 2027. It is anticipated that demand for commercial aviation would be influenced globally by the need for lightweight aircraft components for new aircraft and an increase in air traffic. However, it is anticipated that industrial advancements would be hampered throughout the forecast period due to delay in aircraft purchase.

• Published: February 2023

Terpene Resins Companies - Ingevity (US) and Arakawa Chemicals (Japan) are Leading Players in the Terpene Resins Market

Terpene resins market size is projected to reach USD 1,450 million by 2027 from USD 991 million in 2022, at a CAGR of 7.9% during the forecast period. Increasing global trade & transportation and rising consumer awareness of ecofriendly & sustainable products is driving terpene resins market. In addition, growing demand for high-performance composite materials in various end-use industries such as adhesives & sealants, ink & coatings, pulp & paper, plastics & rubber processing, and so on drives the growth of terpene resins market.

• Published: February 2023

Visible Light Range Scientific Camera Companies - Hamamatsu Photonics (Japan) and Oxford Instruments (Andor Technology) are the Key Players

The visible light range scientific camera market is projected to reach USD 0.6 billion by 2028 from USD 0.4 billion in 2023; it is expected to grow at a CAGR of 7.9% from 2023 to 2028.

• Published: February 2023

Visible Light Range Scientific Camera Companies - Hamamatsu Photonics (Japan) and Oxford Instruments (Andor Technology) are the Key Players

The visible light range scientific camera market is projected to reach USD 0.6 billion by 2028 from USD 0.4 billion in 2023; it is expected to grow at a CAGR of 7.9% from 2023 to 2028.

• Published: February 2023

Top Mobile Device Management Companies - VMware (US), Microsoft (US), Blackberry (Canada) | MarketsandMarkets

MarketsandMarkets forecasts the global Mobile Device Management market size is expected to grow USD 6.9 billion in 2022 to USD 22.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 26.1% during the forecast period. The increasing adoption of BYOD culture among enterprises will enhance the market growth.

• Published: February 2023

Agrochemical Tank Companies - Market Leaders in Agrochemical Tank Market

The Agrochemical Tanks market is expected to grow from an estimated in USD 1.3 billion in 2022 to USD 1.6 billion by 2027, at a CAGR of 4.5%. The market for Agrochemical tanks market is divided into three categories: Application, region, and By type and By size. The increasing demand for food security and the expanding usage of agrochemicals in agriculture, as well as the growing need for efficient and secure storage solutions, are driving the agrochemical tanks market. Opportunities in the market include advancements in storage and handling technologies, the expansion of agriculture in developing nations, rising demand for organic farming practices, and an increase in governmental and private agricultural investments. Furthermore, the growing concern for the environment and the necessity for sustainable agricultural techniques are projected to drive market expansion.

• Published: February 2023

Network Switches Companies - Cisco Systems (US) and Huawei Technology (China) are the Key Players

The network switches market is projected to grow from USD 33.0 billion in 2023 and is projected to reach USD 45.5 billion by 2028; it is expected to grow at a CAGR of 6.6% from 2023 to 2028.

• Published: February 2023

Mobile Device Management Market Size & Share - Growth Factors, and Key Players

MarketsandMarkets projects that the size of the global market for mobile device management will increase at a compound annual growth rate (CAGR) of 26.1% from USD 6.9 billion in 2022 to USD 22.0 billion by 2027. The increasing adoption of BYOD culture among enterprises will enhance the market growth.

• Published: February 2023

Mobile Device Management Industry - Emerging Trends, Growth and Future Outlook

According to MarketsandMarkets, the size of the global market for mobile device management is anticipated to increase from USD 6.9 billion in 2022 to USD 22.0 billion by 2027, with a Compound Annual Growth Rate (CAGR) of 26.1% throughout this time frame. The increasing adoption of BYOD culture among enterprises will enhance the market growth.

• Published: February 2023

Market Leaders: Givaudan (Switzerland), Firmenich SA (Switzerland), Symrise (Germany), Solvay (Belgium), and Mccormick & Company, Inc. (Us) Are Increasing Their Respective Market Shares Steadily Through New Product Launches and Partnerships with International Brands in Natural Vanillin Market

The natural vanillin market is projected to reach USD 706 million by 2027, and USD 472 Million by 2022, growing at a CAGR of 8.4% from 2022 to 2027. Vanillin is a prominent flavor used across the world in different industries such as beverages, food, cosmetics, pharmaceuticals, and personal care. Over the years, it is also being considered as “queen of flavors due to its strong classic and versatile nature. Natural vanillin is becoming more popular as customers switch from synthetic to natural ingredients. Vanillin products are highly used as a flavoring agent to hide the displeasing effects of some proteins like pea protein. The increasing demand for plant-based products serves as a great opportunity for natural vanillin.

• Published: February 2023

Top Dextrose Companies: Cargill Incorporated (US), ADM (US), Ingredion (US), Agrana (Austria) and Tate & Lyle (UK)

The global dextrose market is estimated at USD 5.9 billion in 2022; it is projected to grow at a CAGR of 7.8% to reach USD 8.6 billion by 2027Dextrose are majorly used in food & beverage, pharmaceutical, personal care, paper & pulp and various other industrial applications. However, increased demand for sweeteners/sugar substitutes in North America and Asia Pacific is expected to boost the growth of the dextrose. This, in turn, is expected to further strengthen the demand for dextrose for food & beverage application in these regions during the forecast period.

• Published: February 2023

Market Leaders: Cargill Incorporated and ADM are Focusing on Expansions, Partnerships, and Joint Venture Strategies to Strengthen their Market Position in Soybean Food & Beverage Products Market

The global soybean food and beverage products market is estimated to be valued at USD 51.4 billion in 2022. It is projected to reach USD 68.3 billion by 2027, recording a CAGR of 5.8% during the forecast period. Due to greater soy availability and scientific evidence of the bean’s numerous health benefits, such as lowering blood cholesterol and lowering the risk of some malignancies, soy-based foods and beverages are gaining popularity. Additionally, due to their high nutritional value, soy foods and beverages are frequently used in substitution of lesser-healthy alternatives. In addition to providing a full source of protein, soy-based foods also include other vital nutrients like fibre, B vitamins, and omega-3 fatty acids. The market for soy beverages is being driven by the growing health consciousness in both developing and industrialized nations.

• Published: February 2023

Unmanned Traffic Management Companies - Altitude Angel (UK), and Thales Group (France) are the Key Players

The unmanned traffic management market is anticipated to reach USD 1,098 million by 2030, growing at a CAGR of 33.9% from USD 106 million in 2022. Unmanned traffic management (UTM) refers to the systems, processes, and infrastructure that support the safe and efficient operation of drones. It is a solution to safely integrate the operations of manned and unmanned aircraft in low-altitude airspace. The concept of UTM has been developed by NASA, along with the support of various companies, such as AirMap, Airbus, Altitude Angel, and Thales. UTM is a global initiative to offer an interoperable solution that will ultimately allow routine Beyond Visual Line of Sight (BVLOS) flights and highly automated operations of unmanned aerial vehicles.

• Published: February 2023

Carbon Fiber Prepreg Companies - Market Leader in Carbon Fiber Prepreg Market

The global Carbon Fiber Prepreg Market size is estimated to be USD 9.7 billion in 2022 and is expected to reach USD 18.9 billion by 2027, projecting a CAGR of 14.2% between 2022 and 2027. The growth of this market is propelled by the growing demand, especially from the aerospace & defense, and automotive industries.

• Published: February 2023

Cloud Data Security Market Booms: 6 Trends Shaping the Future

According to MarketsandMarkets, the global cloud data security market will be worth USD 4.4 billion in 2022 and USD 9.1 billion by 2027, growing at a CAGR of 15.5% over the forecast period. Globally increasing cyber thefts and increased company usage of cloud services are important drivers of market growth.

• Published: February 2023

Top Companies List of Cloud Data Security Industry - Check Point (US), IBM (US) | MarketsandMarkets

MarketsandMarkets forecasts the global cloud data security market size estimated to be USD 4.4 billion in 2022 and is projected to reach USD 9.1 billion by 2027, at a CAGR of 15.5% during the forecast period. Globally increasing cyber thefts and growing adoption of cloud services by businesses are key factors driving the market growth.

• Published: February 2023

Cloud Data Security Market Booms: Drivers, Leaders & Offerings

MarketsandMarkets estimates that the global cloud data security market will be worth USD 4.4 billion in 2022 and will grow to USD 9.1 billion by 2027, with a CAGR of 15.5% during the forecast period. Globally increasing cyber thefts and company use of cloud services are important drivers of market growth.

• Published: February 2023

Soldier Systems Companies - Elbit Systems (Israel) and Rheinmetall AG (Germany) are the Key Players

The soldier system market is projected to grow from USD 10.4 Billion in 2022 to USD 12.8 Billion by 2027, at a CAGR of 4.4% during the forecast period. This market is expanding globally based on the defense forces of various countries that focus on improving soldier capabilities to prevent casualties, rising requirements for military modernization programs, and increasing asymmetric warfare situations.

• Published: February 2023

Space DC-DC Converter Companies - Texas Instruments Incorporated (US), STMicroelectronics (Switzerland) are the Key Players

The Space DC-DC Converter Market is projected to grow from USD 37 Million in 2022 to USD 66 Million by 2027, at a CAGR of 12.4% from 2022 to 2027. The global market for space DC-DC converter is expanding significantly, and a similar trend is anticipated to be seen during the projected period. The market is driven by factors such as miniaturization of space DC-DC converters, emergence of digital power management and control.

• Published: February 2023

Adhesive Films Companies - 3M Company (US), Henkel AG & Co. KGAA (Germany) and UPM-Kymmene Oyj (Finland) are Leading Players in the Adhesive Films Market

The Adhesive films market is projected to grow from USD 82.0 Billion in 2022 to USD 116.9 Billion by 2030, at a CAGR of 4.4% and CAGR of 4.7% between 2022-2027 and 2028-2030 respectively. Asia Pacific is estimated to be the largest consumer of Adhesive films. The global Adhesive films major players have made several research developments across value chain to focus on changing customer preferences.

• Published: February 2023

List of Companies in Customer Intelligence Platform Industry are IBM (US) and Oracle (US)

The customer intelligence platform market size is expected to grow from USD 1.9 billion in 2022 to USD 7.0 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 29.7% during the forecast period.

• Published: February 2023

AR and VR Display Companies - Samsung Electronics (South Korea) and LG Display (South Korea) are the Key Players

The AR and VR display market is projected to grow from USD 1.8 billion in 2023 to USD 8.2 billion by 2028; it is expected to grow at a CAGR of 35.6% from 2023 to 2028. The key factors fueling the growth of this market include growing adoption of AR and VR devices in various applications, increasing demand for OLED displays in AR and VR devices, growing adoption of AR and VR HMDs in different industries, adoption of AR and VR devices in gaming industry, and growing popularity of Metaverse.

• Published: February 2023

Drone Inspection and Monitoring Companies - Intertek Group plc (UK), and MISTRAS Group, Inc. (US) are the Key Players

The drone inspection and monitoring market is projected to grow from USD 11.6 Billion in 2022 to USD 23.0 Billion by 2027, at a CAGR of 14.6% from 2022 to 2027.

• Published: February 2023

Supply Chain Security Market Size, Share, Growth Drivers & Key Players

According to MarketsandMarkets, the global supply chain security market will increase from USD 2.0 billion in 2022 to USD 3.5 billion by 2027, with a compound yearly growth rate (CAGR) of 11.0%. The increased demand for real-time insight into supply chain assets, as well as the increasing frequency of cyberattacks across supply chains, are projected to drive market expansion.

• Published: February 2023

Top Companies List of Portable Generators Industry - Generac (US) and Honda (Japan)

The global Portable generators market is expected to grow at a CAGR of 6.0% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.9 billion in 2027. Construction activities needs electric power to operate the various equipments and machinery used at working sites where construction is taking place. These sites are not accessible to grid supply as they are often in remote areas where grid supply does not reach. This is where the power generation industry comes into play by providing generators to supply the much-needed electric power. Portable generators in these activities can carry out their operations and be carried out from one site to another. Portability of the generators ensures that all construction sites have the required power necessary to run smooth operations. It would be challenging to share power from a centralized location to power different plants in without these generators. Despite whether you are operating a large or medium-sized construction, a portable generator should always be there and ready for use. Governments have focused on accelerating the infrastructural investment in various countries. Study by Oxford Economics says that the construction industry will reach 13.5% of the global GDP by 2030. Apart from the rural electrification programs, In the developed/developing regions, the countries are experiencing blackouts and voltage fluctuations due to mismatch in the power demand and supply to these countries. Portable generators are used across various end users such as commercial, residential, and industrial. Generators are deployed across different industrial sectors and construction sites to adequately power on-site equipment and tools. The growing need for uninterrupted power in every region is expected to drive the portable generator market.

• Published: February 2023

3D Scanners Companies - Hexagon AB (Sweden) and FARO Technologies, Inc. (US) are the Key Players

The global 3D scanners market size is projected to grow from USD 1.1 Billion in 2023 to USD 1.5 Billion by 2028, at a CAGR of 6.9% during the forecast period. 3D scanners are noncontact metrology systems that use laser or white light-based scanning technology to capture images of objects by obtaining several coordinate points and reconstructing them using software. A typical 3D scanner has a scanner head, a platform, and software for measuring the dimensions of objects.

• Published: February 2023