3D Scanner Market

Market Leader - 3D Scanner Market

The 3D scanner market was valued at USD  924 million in 2021 and is projected to reach USD 1324 million by 2026; growing at a CAGR of 7.5% from 2021 to 2026. A few key factors driving the growth of this market are increased R&D spending on 3D scanning, focus on quality control while manufacturing goods, and demand for higher productivity by electronics manufacturing services companies. Factors such as increasing adoption of cloud computing services and surging demand for industry 4.0 are expected to provide growth opportunities to players in the 3D scanner market.

Hexagon (Sweden), FARO Technologies (US), KEYENCE Corp. (Japan), Jenoptik (Germany), Nikon Corp. (Japan), ZEISS Group (Germany), Perceptron (US), Renishaw (UK), Creaform (Canada), CyberOptics Corp. (US), Trimble, Inc. (US), 3D Systems, Inc. (US), Automated Precision, Inc. (US) and Metrologic Group (France) are few major players in 3D scanner market. Most of the leading companies have used product launches and product development as key strategies to boost their revenues.

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Top 2 Market Players:

Hexagon has a huge and diversified portfolio of 3D scanner products. Furthermore, the company invests heavily in R&D activities with more than 10% of its annual revenue in the last three years. The company conducts operations through 300 operating companies in 50 countries. It serves clients in several industries including surveying, electronics and manufacturing, infrastructure and construction, power & energy, automotive, aerospace & defense, natural resources, and public safety. The key strategy of the company includes the launch of new products along with the development of new technologies and solutions. The company prominently adopts product launches as its main business strategy to widen its customer base and increase the overall business revenue.

ZEISS Industrial Metrology is a global leader in metrology and inspection systems for industrial applications. ZEISS product lines address a diverse range of measuring scopes and can be scaled and automated as per client’s requirement. The company invests heavily in R&D, which has led to the increase in its product portfolio for the medical segment. Product launches and developments have helped in improving productivity and explore growth opportunities for all segments. It has a good brand image, which has created a growing demand for instruments from industries such as automobile, machinery, aerospace, medical, energy, and plastics. In June 2019, ZEISS acquired  GOM, a leading provider of hardware and software for automated 3D coordinate measuring technology, has been concluded successfully. With the completion of this transaction, GOM has become part of the ZEISS Industrial Quality & Research segment.

Related Reports:

3D Scanner Market with COVID-19 Impact by Offering (Hardware, Software and Solutions, Services), Type (3D Laser Scanners, Structured Light Scanners), Range, Technology, Product, Application, End-Use Industry, Region - Global Forecast to 2026

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Report Code
SE 3566
RI Published ON
3/15/2021
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