US 3D Scanning Market Trends, Size, Competitive Analysis and Forecast 2019-2025

 

US 3D Scanning Market is estimated to grow $4.2 billion in 2027 from $2.1 billion in 2020, growing at a CAGR of 10.6% during the forecast period (2021-2027). The US is estimated to be a major contributor in the 3D scanning market across North America and the globe. In North America, the US will hold 80%-90% of the total market due to its large economy. The per capita income in the US is quite high as compared to other economies; for instance, as per World Bank, the US per capita income in 2016 was about $58,650 (PPP), and hence, the adoption of this technology is apparent in the region. The American companies contribute a significant market share in the 3D scanning market. The companies, which will hold a crucial market share are 3D Digital Corporation, 3D Systems Inc. Autodesk Inc., and so on. Additionally, more accurate and precise 3D scanners are available in the market of the US, and hence along with the high number of unit sales, it is estimated that the average cost of the scanner will be higher in the US. The price range of a 3D scanner varies from $200 to more than $20,000 depending upon the specifications.

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Growing Demand for 3D Scanning Market

In 2017, the US was the largest aviation market across the globe and American aircraft companies such as Airbus, Boeing, Bombardier, Piaggio America, Inc. are the major market players of aircraft across the globe. They are adopting 3D scanning technology for better accuracy, less time consumption, and so on. For instance, Pratt & Whitney, an American aerospace manufacturing company uses 3D scanners for testing, inspection, and other purposes. The company uses 3D scanning method for testing artifact and comparing with traditional methods to prove the entire process. The areas in which 3D scanning technology was used by the company are compressors, turbine components, tooling, cases, IGT components, internals & externals, and nozzles. The global aviation industry is expected to show a boom during the forecast period, and hence a considerable demand for aircraft will be observed. As per the Boeing Company, commercial aircraft demand will be more than 30,000 units globally during 2009-2030.

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Scope of the US 3D Scanning Market

Market Coverage

  • The market number available - 2020-2027
  • Base year- 2020
  • Forecast period- 2021-2027

·        Segment Covered- By Product, By Range, By Application

·        Competitive Landscape- 3D Systems, Inc., 3D Digital Corp., Autodesk Inc., FARO Technologies Inc., Konica Minolta, Inc.

Recent Strategic Initiatives in the US 3D Scanning Market

·        In Jan 2017, 3D Systems has completed its acquisition of Vertex-Global Holding B.V. This deal will integrate the Figure 4 platform of 3D Systems with the advanced 3D printing materials of Vertex-Global Holding B.V., providing transformative digital production solutions to the dentistry opportunity.

·        In November 2017 Autodesk, Inc. has entered into a partnership with Esri, Inc. to link BIM and GIS mapping technologies enabling various industries to have the context of the real world. This partnership enables both public and private infrastructure owners to enhance their ability to plan, design, build and operate infrastructure assets.

US 3D Scanning Market-Segmentation

By Product

·        Hardware

·        Laser Scanner

·        Structured Light Scanner

·        Optical Scanner

·        Software

By Range

·        Short Range

·        Medium Range

·        Long Range

By Application

·        Healthcare

·        Aerospace and Defense

·        Architecture and Engineering

·        Industrial Manufacturing

·        Tunnel and Mining

·        Power and Energy

·        Automotive

·        Other

Company Profiles

·        Exact Metrology Inc.

·        3D Digital Corp.

·        3D Systems Inc.

·        ARTEC 3D

·        Autodesk Inc.

·        Basis Software Inc.

·        HP Inc.

·        Faro Technologies Inc.

·        Trimble Navigation Ltd.

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