3D scanner market for reverse engineering applications to grow quickly from 2017 to 2023

According to 3D Scanner Market by Offering (Hardware & Software, Aftermarket Service), Type (Laser, Structured Light), Range, Product (Tripod Mounted, Fixed CMM Based, Portable CMM Based, Desktop), Application, Industry, and Geography - Global Forecast to 2023, published by MarketsandMarkets, the 3D scanner Market is expected to grow from US$3.76 billion in 2017 to US$5.9 billion by 2023, at a CAGR of 7.8% during the forecast period.

The increasing need to capture large volumes of 3D data for modelling and analysis, rising focus on quality control, and growing awareness about advanced medical treatments are driving the growth of this market, said the research firm.

As 3D scanners offer high precision, faster product analysis, and the ability to make changes in original products, the 3D scanner market for reverse engineering is anticipated to grow quickly between 2017 and 2023. The automotive, aerospace & defense, and manufacturing industries have started using 3D scanners to modify designs from actual objects and produce handmade cars, spare parts, as well as previously obsolete parts.

The 3D scanner market for the architecture & construction industry is also growing significantly due to the integration of 3D scanning technology with software such as computer aided design (CAD), which assists in minimising the building design time and overall cost pertaining to building information modelling (BIM). The use of 3D scanners is a safe and fast way to capture the "as-built" information required for bridge and road design, monitoring, and inspection. The measurement data captured is then converted into 3D and 2D CAD data for the accurate visualisation of plan views, border areas, and elevations.  

Major players in the 3D scanner market include Hexagon (Sweden), FARO Technologies (US), Nikon Metrology (Belgium), Trimble (US), and Topcon Corporation (Japan). Other companies in this space include 3D Systems Corporation (US), 3D Digital Corporation (US), Perceptron (US), Kreon Technology (France), Carl Zeiss Optotechnik (Germany), Shapegrabber (Canada), Fuel 3D (UK), Arctec 3D (Luxembourg), Capture 3D (US), Creaform (Canada), Basis Software (US), Maptek (US), True Point Laser Scanning (US), Next Engine (US), Shinning 3D (China), RangeVision (Russia), Exact Metrology (US), Trimet (US), 3D Scanco (US), and Paracosm, (US).

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