Geo Week News

July 24, 2013

3D laser scanning market to hit $4.08 bil’ by 2018


MarketsandMarkets says ‘market penetration is deep in every vertical’

The global 3D laser scanning market is set to expand from an estimated $2.06 billion in 2013 to $4.08 billion by 2018, at an estimated annual growth rate of 14.6 percent, according to market research firm MarketsandMarkets.

The report credits the big growth in 3D scanning adoption to lower hardware and software prices and their increased efficiency as well as how easier it is these days converting point clouds to CAD models.

“Market penetration is deep in every vertical,” the 3D Scanning Market Worldwide Market Forecasts and Analysis (2013 – 2018),” report said.

The 3D scanning devices covered in the report include long-, intermediate- and short-range laser scanners, optical scanners, and structured light scanners, among others.

Verticals covered include:

  • Aerospace and Defense
  • Entertainment and Media
  • Medical and Healthcare
  • Architecture and Engineering
  • Oil and gas, Energy and Power
  • Automotive and Transportation
  • Manufacturing and Others

The report cites major players in the market, including Faro Technologies, Konica Minolta, Creaform, Surphaser, Autodesk, and 3D Systems, among others.

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