Although not relatively complicated, 3D scanning technology is still relatively new compared to the market. However, according to a recent report from MarketsandMarkets, the market for industrial 3D scanner services is quickly rising. In fact, the market is expected to grow from $3.41 billion in 2015 to 5.90 billion by 2022. This translates to a compound annual growth rate (CAGR) of 9.6%. The report also predicts that the total number of units will reach 114,900 by 2022, at a CAGR of 10.9 percent.
As observed in the report, one reason for this growth includes the rapid rate in which 3D scanner technology is being developed. Another reason could be the growing implementation of industrial 3D scanner services for quality assurance and control during manufacturing. This new trend of implementing this technology could be due to the fact that 3D scanners have the ability to reduce manufacturing times by streamlining the quality audit and control process.
Laser industrial 3D scanner services are estimated to be the biggest contributor to the market. This is due to their wide availability and ability to be user-friendly.
The aspect of the 3D scanner market that is expected to grow the most during the current forecasting period is the portable coordinate measuring machine (CMM)-based segment. This includes handheld and articulated arm CMMs. To those who have been following the marker, this should not come as a surprise. Portable CMMs are very resourceful because they vie users the ability to scan tight spaces with high accuracy.
As it stands, the manufacturing industry is more likely to catch the attention of the media outlets, but that does not mean that 3D printing and scanning should be ignored. The close relationship between the two means that growth in both markets will drastically increase in the coming years and investors and business people alike should keep a watchful eye. Learn more.