A new report by Allied Market Research titled, World 3D Scanning - Market Opportunities and Forecasts, 2014-2021, forecasts that the world 3D scanning market would garner a revenue of $5.7 billion by 2021, registering a CAGR of 13.6% during 2016 -2021. Applications of 3D scanners in industrial manufacturing generated the highest revenue in 2014. Geographically, North America and European markets would be the key revenue contributors, constituting over 65% of the total market revenue throughout the analysis period.
Nowadays, 3D scanning technology is gaining increased adoption in different industry verticals due to its improved efficiency, and faster and accurate results. Among different types of scanners, the laser scanners are widely adopted due to their easy portability and low price range. Thus, the industry players are keenly focusing on developing technologically advanced lighter laser scanners for indoor and outdoor applications. For instance, the leading industry player, FARO T
