The 3D Scanner Market is being driven by Increase in adoption of portable handheld scanners
The 3D Scanner Market is expected to grow at a CAGR of 12.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 5649.7 million. The integration of artificial intelligence (AI) in 3D scanning technology is revolutionizing the global market with its potential to streamline processes and enhance capabilities. Artec Europe Sarl's innovative solution, Artec Leo, is a prime example. This portable 3D scanner is equipped with AI functionality, enabling it to process vast amounts of data on a single device and digitize objects into full-color 3D models through an intuitive scanning process. Artec Leo boasts impressive performance, capturing data at up to 80 frames per second (FPS) with the aid of AI-based features in Artec Studio 11 software. This cutting-edge technology significantly reduces user workload and sets a new standard for handheld 3D scanners in the market.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
223 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 12.6% |
Market growth 2025-2029 |
USD 5649.7 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
10.8 |
Key countries |
US, China, Germany, UK, Canada, France, India, Japan, Italy, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The 3D scanner market encompasses technologies like depth sensor technology, delivering high 3D model fidelity. Key performance indicators include data acquisition rate, scanning speed limits, spatial resolution, and temporal resolution. Accuracy assessment is crucial for precision engineering applications. Image segmentation and feature extraction utilize computer vision, pattern recognition, and machine learning. 3D surface modeling, geometric modeling, texture synthesis, model simplification, and data compression are essential post-processing techniques. The market includes data visualization, 3D animation pipeline, virtual reality, and augmented reality applications. Additionally, it covers 3D scene reconstruction, object tracking, pose estimation, sensor alignment, system integration, hardware troubleshooting, software debugging, and calibration procedures.
The 3D scanner market is a significant segment of the global industrial machinery and supplies and components market, encompassing companies that manufacture structured light scanning, time-of-flight 3D, and photogrammetry techniques systems. These technologies are essential for generating point clouds, which are three-dimensional data sets used in various industries for reverse engineering, product design, and manufacturing processes. The industrial machinery and supplies and components market's size is determined by the combined revenue generated by the manufacturers of machinery and components used in industrial settings. The market's expansion will be fueled by the increasing industrial output in process and discrete industries, driven by the growing global demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages in developing countries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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