Laser Scanner Market Scope & Overview:
Laser scanning is a device that captures two-dimensional or three-dimensional spatial data in the form of a point cloud using lasers. The device stores the physical characteristics of an object including dimension, shape, three-dimensional position, orientation, and more. Additionally, the key benefits include accuracy, speed, efficiency, precision measurement, data visualization, non-contact measurement, and versatility. Moreover, end users of scanners include construction, automotive, and others. Also, the applications of scanners include building renovations, virtual simulation, and digital twins, among others. Further, the need for precision and accuracy in the automotive, construction, and mining sectors are the key factors driving the laser scanner market share.
Laser Scanner MarketDynamics - (DRO) :
Key Drivers:
Automation and Industry 4.0 is boosting laser scanner market growth
The surging growth of automation and the Industry 4.0 initiative are driving the laser scanner industry towards the adoption of equipment, robots, and digitalization, working together to improve the overall efficiency of the market. Additionally, industrial automation and Industry 4.0 help in real-time monitoring and optimization of the production process through data-driven and intelligent analysis, which is driving the market growth. Furthermore, integrating automation and Industry 4.0 improves production efficiency and product quality, in turn boosting the laser scanner market size significantly.
Thus, the adoption of automation and Industry 4.0 helps in improving production efficiency and product quality, driving the laser scanner market growth.
Key Restraints :
Operational limitations are restraining the market growth
Laser scanning devices have the ability to read the light and record data, environmental conditions such as lighting, temperature, and surface reflectivity act as interference. The aforementioned interference hinders the accuracy of the scan, in turn restraining the laser scanner market expansion. Moreover, the ambient temperature and humidity pose a hindrance in data collection, in turn requiring adjustments or equipment such as robust computer systems, lighting systems, and others adding up to the overall expense hampering the laser scanner market expansion.
Thus, the aforementioned operational limitations affect the adoption of scanners, which in turn hinders the global laser scanner market demand.
Future Opportunities :
Adoption of LiDAR technology is expected to promote potential opportunities for market growth
LiDAR technology is a geo data acquisition tool majorly used in laser, GPS, and IMU for the estimation of the height of objects on the ground. The adoption of LiDAR into laser scan devices helps in various applications such as flood prevention, road safety improvements, environmental analysis, and others, in turn driving the market. Further, the progress and adoption of LiDAR in the automotive industry and smart city projects are paving the way for laser scanner market opportunities.
- For instance, in October 2023, Leica Geosystems announced the release of Leica BLK2GO PULSE. The scanner features innovative LiDAR sensor technology with the original Leica BLK2GO form factor.
Thus, the rising advancements associated with laser scanning technologies such as LiDAR, and others are anticipated to promote laser scanner market opportunities during the forecast period.
Laser Scanner Market Segmental Analysis :
By Component:
Based on the component, the market is segmented into hardware, software, and service.
Trends in the Component:
- The increasing demand for cloud-based storage solutions for scanners due to the accumulation of large amounts of data propels the laser scanner market trend.
- Integration of emerging technologies such as AR and VR into laser scanning is fueling the market demand.
Hardware accounted for the largest revenue share in the year 2023.
- laser scans are majorly used in the following applications such as surveying, mapping, printing, data storage, imaging, and others, thereby, fueling the market.
- The scanners offer a range of benefits including improved accuracy, reduced cost, accurate data collection, accurate documentation, contactless scanning, and more.
- The scanners are utilized in mining, automobile, healthcare, and other sectors that require accuracy in prototyping applications, driving the laser scanner market demand.
- For instance, in March 2021, Hexagon’s launched m&h LS-R-4.8, which is a wireless multi-sensor laser scan device. The scanner features auto alignment inspection, and precision, designed specifically for CNC machine tools.
- Thus, the rising adoption in mining, automobile, healthcare, and other sectors is driving the laser scanner market size.
Service is anticipated to register the fastest CAGR during the forecast period.
- The service segment of the laser scanner market includes the installation, maintenance, repair, and training part driving the need for the service segment.
- Further, the need for regular maintenance and calibration of scanners requires trained technicians to improve the longevity and accuracy of devices is driving the market progress.
- The benefits of adopting service segments include enhanced customer satisfaction rates, increased customer retention, deepened brand loyalty, and others.
- For instance, companies including Trimble Inc., Leica Geosystems, and Faro Technologies, Inc. among others provide maintenance and calibration services of laser scanners as well as related software services and updates to ensure accuracy.
- Therefore, the aforementioned benefits are anticipated to boost the progress of the market during the forecast period.
By Type:
Based on the type, the market is bifurcated into 2D and 3D.
Trends in the type:
- The miniaturization of 2D scanners is driving the adoption of drones, AR, and VR technology.
- The increasing adoption in agriculture and forest conservation is booting 2D and 3D scanners.
2D accounted for the largest revenue share in the year 2023.
- 2D scanners are essential measurement tools that transmit data in real-time to any mobile device, significantly reducing measurement time, and improving accuracy, which is fueling the 2D type scanner.
- The 2D scan offers a range of benefits including affordable price, no maintenance costs, accurate measurements, easy on-site installation, setup, and more.
- Further, the scans are majorly utilized in construction, glass surface manufacturers, retail stores, and others, in turn driving the demand for the 2D laser scanner market.
- For instance, in April 2020, SICK launched nanoScan3, which is a 2D ultra-compact safety laser scanner. The scan features smart safety functions with excellent measurement data quality for accurate and reliable measurements.
- Thus, the rising adoption in construction, glass surface manufacturers, retail stores, and others is driving the 2D-type scanner market.
3D is anticipated to register the fastest CAGR during the forecast period.
- 3D laser scanning is a technology that uses laser beams to measure distances and create detailed 3D representations of objects, environments, or landscapes.
- Moreover, the features of a 3D scanner include high accuracy, rapid data capture, noncontact technology, comprehensive documentation, clash detection, and more, in turn boosting the 3D laser scanning segment.
- Further, the integration of LiDAR technology into 3D laser scanning is driving the 3D laser scanner market expansion.
- For instance, in October 2024, FARO Technologies, Inc. launched the Focus 3D Laser Scanner portfolio. The portfolio offers a complete 3D laser scanning solution.
- Therefore, the rising advancement related to 3D laser scanning is anticipated to boost the market during the forecast period.
By Deployment:
Based on the deployment, the market is segmented into portable, fixed, and hybrid.
Trends in the deployment:
- The adoption of fixed scanners in the aerospace and defense sector is fueling due to the need for fixed setup, which significantly reduces the cost and time of operation.
- The automation factor in various industries is increasing the adoption of fixed scanners in the production process.
The portable scanner accounted for the largest revenue share in the year 2023.
- The potable scanner offers a range of benefits including accuracy, full-field scanning, portability, reliability, and high-resolution measurements, among others.
- Further, the scanners are utilized in mining, construction, renovation, and restoration among other industrial applications that require remote measurement solutions driving the development of the portable scanner segment.
- For instance, in October 2023, Creaform launched the HandySCAN 3D lineup, which is a portable industrial 3D laser-type scanner. The scanner features include true portability, blue laser technology, integrated photogrammetry, live meshing, and more.
- Thus, as per the analysis, the rising adoption in mining and construction activity among others is driving the portable laser scanning segment.
The hybrid scanner is anticipated to register the fastest CAGR during the forecast period.
- A hybrid scanner is a combination of terrestrial laser scanning and mobile mapping devices on a project site. The benefits include unprecedented levels of accuracy, speed, and flexibility, which is fueling the hybrid scanner segment significantly.
- The ability of hybrid scanners to offer a combination of portable and fixed scanners is driving its utilization in large commercial and industrial properties, manufacturing facilities, renovation projects, retail store layouts, and other industries.
- For instance, in April 2023, FARO Technologies, Inc. launched Hybrid Reality Capture. The device combines the accuracy of a static 3D laser scanning device with the speed of a panoramic camera. Additionally, the device is portable as well as stationary for providing improved accuracy on site.
- Therefore, the ability to offer terrestrial laser scanning and mobile mapping devices is anticipated to boost the market during the forecast period.
By Range:
Based on the range, the market is segmented into short-range, medium-range, and long-range.
Trends in the range:
- The increasing adoption of short-range scanners in dental applications is fueling the market progress.
- Digital twin is propelling the evolution of medium-range scanners.
The short-range accounted for the largest revenue share of 53.09% in the year 2023.
- Short-range scanners are compact devices designed for short-range applications, up to a few meters. Moreover, the advancement in scanners with the introduction of wireless compact design is propelling the progress of short-range scanners.
- Further, the miniaturization trend of the scanners is driving the growth of shot range scanners.
- Moreover, the benefits of short-range scanners include cost-effectiveness, environmentally friendly, enhanced data visualization, and others.
- The scanners are majorly utilized in reverse engineering, rapid prototyping, product inspection, and other industrial applications, in turn boosting the market.
- For instance in July 2021, Maptek Pty Limited launched the Maptek mkII laser series, which includes XR3-D for long-range and SR3 for short-range underground applications in the mining sector.
- Thus, the aforementioned factors are driving the short-range scanner segment.
The long-range is anticipated to register the fastest CAGR during the forecast period.
- Long-range scanners are growing rapidly with the advancement in accuracy and increased range for data capture.
- The long-range scanners are utilized in construction, geospatial, engineering, public safety, and other applications, thereby fueling the development of the market.
- For instance, in October 2024, FARO Technologies, Inc. launched Focus Premium Max, which is a laser scanning device with a scanning range of up to 400 meters for gathering data in large outdoor environments.
- Therefore, the rising adoption in construction, geospatial, engineering, and other applications is anticipated to boost the market during the forecast period.
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By Application:
Based on the application, the market is segmented into building renovations, virtual simulation, digital twin, quality control & inspection, reverse engineering, rapid prototyping, and others.
Trends in the application:
- The increasing use of laser scan devices for creating virtual simulators for gaming design and aerospace simulation is fueling the market progress.
- The trend towards creating a digital twin of factories and production lines of various industries is boosting the adoption of laser scanning.
Quality control & inspection accounted for the largest revenue share in the year 2023, and it is anticipated to register the fastest CAGR during the forecast period.
- Laser scans help in maximizing quality control and inspection capabilities by directly integrating with the production site, in turn providing a cost-effective solution.
- Further, the rapid growth of robust inspection processes to improve quality control, which in turn reduces the defects in products, is fueling the progress of quality control and inspection application.
- For instance, in October 2023, Hexagon AB launched HP-L-10.10 LITE. The scanner is designed for the manufacturing sector with inspection capabilities, cost-effective options, and efficient surface measurement for higher throughput.
- Thus, the rapid progress of robust inspection processes is driving the quality control & inspection application of laser scanner market trends.
By End-User:
Based on the end-user, the market is segmented into manufacturing, retail, construction, automotive, healthcare, mining, energy & power, aerospace & defense, and others.
Trends in the end-user:
- Laser scans are increasingly being adopted in mining sites for reducing the risk, and improving the geographical mapping, and monitoring.
- The evolution of prototype design techniques in the automotive sector is fueling the market.
The manufacturing sector accounted for the largest revenue share in the year 2023.
- Laser scan plays a key role in the manufacturing sector by improving speed and quality as well as improving safety at the workplace.
- Further, Industry 4.0 is boosting manufacturing and industrial plants to automate the production line, which in turn requires laser scanning for preparing digital twin models.
- For instance, in August 2021, Hexagon launched HP-L-10.10 for the manufacturing sector. The scanner is designed for measuring critical parts with speed and accuracy.
- Thus, the evolution of Industry 4.0 as well as the need for improving the speed and quality at the production line is driving the market.
The construction sector is anticipated to register the fastest CAGR during the forecast period.
- Laser scanning helps in creating detailed 3D models of construction with the help of building information modeling systems that enhance decision-making on the site.
- Further, the growing urbanization and infrastructure development as well as the smart city initiative is driving the need for scanners to improve the planning, maintenance, and monitoring capabilities.
- For instance, in July 2024, Ground Penetrating Radar Systems, LLC acquired Existing Conditions, which is a provider of laser scanning and drone imagery services for the building industry. The aim of the acquisition is to strengthen market positioning.
- Therefore, according to the laser scanner market analysis, rapid urbanization and infrastructure development are anticipated to boost the market during the forecast period.
Regional Analysis:
The regions covered are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
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Asia Pacific region was valued at USD 1,026.93 Million in 2023. Moreover, it is projected to grow by USD 1,090.38 Million in 2024 and reach over USD 1,878.47 Million by 2031. Out of this, China accounted for the maximum revenue share of 32.9%. As per the laser scanner market analysis, the growing need in the construction and mining sectors is the primary factor fueling the market in the Asia-Pacific region. Additionally, the rapid pace of industrialization and urbanization is driving the market. Moreover, the growing adoption of automation and industry 4.0 initiatives is propelling the need for scanners, further driving the market evolution.
- For instance, in October 2024, Revopoint, based in China, launched the Revopoint MetroX 3D scanner. The scanner combines blue laser and blue structured light technology to optimally capture every aspect of small to medium objects.
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North America is estimated to reach over USD 2,841.38 Million by 2031 from a value of USD 1,627.67 Million in 2023 and is projected to grow by USD 1,721.43 Million in 2024. Moreover, the rising need in the aerospace and automotive sectors is boosting the market progress. Additionally, integrating AR and VR technology with scanners is propelling the evolution of the market in the North American region.
- For instance, in January 2023, RIEGL launched the VZ-600i Terrestrial Laser Scanner in North America. The scanner’s features include versatility, high productivity, ultimate performance, and additional mobility for applications in architecture, engineering, and construction.
The regional analysis depicts that the increasing focus on digital twin and advanced 3D modeling in Europe is driving the laser scanner market share. Additionally, the primary factor driving the market in the Middle East and African regions includes increasing mining exploration activity, among others. Further, the growing infrastructure development is paving the way for the progress of the scanner market in the Latin America region.
Top Key Players & Market Share Insights:
The global laser scanner market is highly competitive with major players providing scanners to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the laser scanner industry. Key players in the laser scanner market include-
- RIFTEK (Europe)
- Novanta Photonics (USA)
- Banner Engineering Corporation (USA)
- Pepperl+Fuchs Inc. (Germany)
- Datum Tech Solutions (USA)