Laser Scanner Market to Touch USD 8.94 Billion at a 9.00% CAGR by 2032
Research Reports
Nov 10, 2023
Laser Scanner Market Analysis
The global laser scanner market will touch USD 8.94 billion at a 9.00% CAGR by 2032, as per the latest Market Research Future report.
Drivers
Growing Adoption in Healthcare Domain to Boost Market Growth
The growing adoption of laser scanners in healthcare domain will boost market growth over the forecast period. The CT scanner in healthcare is used for producing 3D internal image of a person’s body compared to the traditional usage of hand for measuring body shape and size for knowing the health status. The 3D body surface scanner offers the ability of measuring the skin-surface area, shape, and body-size precisely. Its cost-effectiveness, ease of use, and non-evasiveness has made them immensely popular in the clinical applications as well as large-scale epidemiological surveys.
Opportunities
Demand for Structured Light Scanners to offer Robust Opportunities
The demand for structured light scanners will offer lucrative opportunities for the laser scanner market in the forecast period. These scanners increasingly utilize a stable source of light with continuous electron flow capability such as LEDs. The best part it offer good speed and high precision that is propelling market growth.
Restraints and Challenges
High Initial Cost to act as Market Restraint
The high initial cost of laser scanners, limited skilled workers, and high maintenance cost may act as market restraints over the forecast period.
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Key Players
Key players profiled in the global laser scanner market report include
- Carl Zeiss Optotechnick GmbH,
- Faro Technologies,
- Artec 3D,
- Riegl Laser Measurement Systems GmbH,
- Hexagon AB,
- 3D Digital Corporation,
- Creaform,
- Topcon Corporation,
- Nikon Metrology NV, and
- Trimble Inc.
Market Segmentation
The global laser scanner market is bifurcated based on application and type.
By type, 2D will lead the market over the forecast period.
By application, reverse engineering will domineer the market over the forecast period.
COVID-19 Analysis
The COVID-19 epidemic possessed a mixed impact on the laser scanner market. On the one hand, there was disruption in the supply chain and closure of production facilities that slowed the laser scanner market’s expansion. On the other, the market saw a ray of hope for the increasing usage of 3D laser scanners in healthcare for the diagnosis and treatment of COVID-19.
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Regional Analysis
North America to Head Laser Scanner Market
North America will head the laser scanner market over the forecast period with a 45.4% market share for the increasing adoption of such scanners here. Besides, the presence of leading market players and early adoption of novel technologies are also fuelling market growth. The US grabbed the utmost market share for the increased usage of 3D laser scanner camera for monitoring tragic traffic accidents along with other sectors like healthcare and automobile.
Europe to Have Admirable Growth in Laser Scanner Market
Europe will have admirable growth in the laser scanner market over the forecast period for the rising adoption of 3D scanners in different industries. Besides, the rapid advances in 3D scanner technology and increasing use in reverse engineering are adding market growth. Germany grabbed the utmost market share while the UK had been the fastest growing.
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