The global 3D scanner market is forecasted to grow by $4.68 billion by 2028, propelled by the increasing adoption of portable handheld scanners and advancements in artificial intelligence technology. Despite challenges such as high costs and operational complexities, innovations targeting affordability and user-friendliness are expected to sustain market expansion.
Global 3D Scanner Market Projected to Grow by $4.68 Billion by 2028
New York, 24 June 2024 – The global 3D scanner market is poised for significant growth, with an estimated increase in market size of USD 4.68 billion from 2024 to 2028. This projection comes from the latest research by Technavio, which attributes the market’s expansion to a compounded annual growth rate (CAGR) of approximately 11.68% over the forecast period.
Driving Factors Behind Growth
One of the key drivers for this growth is the rising adoption of portable handheld 3D scanners. The convenience and ease of use of these portable devices have spurred their popularity across various industries. Furthermore, the integration of artificial intelligence (AI) into 3D scanning technology is enhancing capabilities such as real-time data processing and automatic flaw detection. These features are not only making 3D scanning more accurate and efficient but also more accessible and user-friendly.
AI-powered 3D scanners are proving to be particularly beneficial in sectors like manufacturing, healthcare, and entertainment. In manufacturing, these scanners are used for product design, reverse engineering, and quality control. The healthcare industry employs them for creating detailed models for prosthetics and surgical planning, while the entertainment sector utilises 3D scanning for creating sophisticated digital models.
Challenges to Adoption
However, despite these advancements, the 3D scanner market faces notable challenges. High costs remain a barrier, with prices for 3D scanners ranging from $1,000 to over $100,000 depending on their features and accuracy. This can restrict their adoption among small businesses and individual users.
Additionally, the operation of some 3D scanners requires significant technical expertise. The scanning process itself can be complex, and the subsequent data processing and storage demands powerful computing resources. These factors can deter potential users who lack the necessary skills or infrastructure.
Future Outlook
Despite these hurdles, the outlook for the 3D scanner market remains positive. Efforts are underway to develop more cost-effective and user-friendly scanners. Innovations in cloud-based processing and storage solutions are also emerging, which could alleviate some of the technical challenges associated with using 3D scanners.
As the technology continues to evolve, its applications are likely to expand further. From detailed architectural models to enhanced quality control in industrial processes, 3D scanners hold promising potential across various sectors.
Conclusion
In summary, the global 3D scanner market is on a robust growth trajectory, driven by the increasing usage of portable handheld scanners and advancements in AI technology. While high costs and operational complexities present challenges, ongoing innovations aimed at improving affordability and usability are likely to support sustained market growth. The coming years will reveal how effectively these challenges are addressed and to what extent the market can capitalise on new opportunities.
Technavio, a leading global technology research and advisory company, continues to monitor and analyse these market trends. Their comprehensive reports provide valuable insights for businesses looking to navigate and thrive in the evolving market landscape.
Note: This news article is based on information provided by Technavio without any promotional content.
