The 3D Scanner Market is to Touch $16 billion by 2030; The increasing trend of miniaturization is driving adoption and Developing new applications for 3D scanners to mitigate risks Materials propels market growth.

The 3D Scanner Market size is estimated to reach $16 billion by 2030, growing at a CAGR of 4.5% during the forecast period 2023-2030, according to a recent report published by IndustryARC, titled, “3D Scanner Market – By Technology (Laser Triangulation (Phase Shift, Pulse Based), Pattern Fringe Triangulation, Structured Light Technology and Others), By Range (Short  (below 7 feet), Mid( 7 feet- 20 feet), Long(up to 20 feet)), By Buildup System (Hardware, Software), By Scanner Type (Airborne Scanner, Terrestrial Scanner, Hand Held Scanners), By Form (Portable, Vehicle Mounted/Integrated, Handheld, Free Standing), By Product (Laser Scanner, CMM, Structured Light Scanner, Photogrammetry Scanner,  Ultrasound Scanner, White Light Scanner, CT Scanner, Optical Scanner, Modulated Light  Scanner and Others.), By Application (Reverse Engineering, Inspection, AR     and     VR, Forensic Investigation,  Chemical Structures Formation and Deformation, Rapid    Prototyping, Topographical Surveys,  Computer Graphics and others),By End-User (Automotive, Medical, Aerospace, Jewellery, Entertainment, Oil and  Gas, Education and Others.), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030” The increasing trend of miniaturization is driving adoption and Developing new applications for 3D scanners to mitigate risks Materials are fueling the growth of the 3D Scanner industry during the forecast period.

In 2023, the North American region held a dominant position in the global 3D scanner market, accounting for over 40% of the market share. This significant market presence can be attributed to the region's extensive involvement in industries such as automotive, medical, architecture, and historical preservation. These sectors have increasingly adopted 3D scanning technologies for various applications, contributing to the market's rapid growth. In the automotive industry, 3D scanners are widely used for design, quality control, and prototyping, enhancing efficiency and precision. Similarly, in the medical field, these scanners are utilized for creating detailed 3D models for prosthetics, implants, and surgical planning, which has substantially improved patient outcomes. The architectural and historical preservation industries also benefit from 3D scanning, as it enables the accurate documentation and restoration of structures, artifacts, and cultural heritage sites. With the continuous expansion of 3D scanning applications in these industries, North America is expected to maintain its leading position in the market for the foreseeable future.

In the past, 3D scanners were large in size and expensive, which limited their sales and revenue potential. This challenge prompted researchers to focus on developing smaller, more cost-effective scanners. Ongoing research and development efforts have not only reduced the size of these devices but also lowered manufacturing costs, allowing for economies of scale. As a result, prices have decreased, which has driven an increase in sales and expanded the market. Additionally, this has made 3D scanners more accessible and popular among individual users, as well as freelance programmers and designers.

Risk mitigation plays a critical role in ensuring the successful execution of capital projects. During project implementation, challenges are inevitable, often resulting in cost overruns or schedule delays, typically due to inadequate documentation or control measures. To effectively address these risks, adopting 3D scanning proves to be a strategic solution, particularly for brownfield projects, revamping efforts, or when utilizing modular construction methods that require strict schedule adherence. Specifically, laser scanning technology has been instrumental in reducing installation costs by 6-8% and shortening project timelines by up to 10.