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3D Laser Scanning Services Market Size, Future Trends, Key Growth Drivers, Share Analysis And Forecast To 2033
3D Laser Scanning Services Market
According to The Business Research Company's, The 3D laser scanning services market size has grown strongly in recent years. It will grow from $7.50 billion in 2023 to $8.15 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to decreasing costs, demand for digitalization, regulatory requirements, and increasing applications.
The 3D laser scanning services market size is expected to see strong growth in the next few years. It will grow to $11.52 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to industry growth, market competition, government initiatives, and environmental concerns. Major trends in the forecast period include integration with BIM, mobile and handheld solutions, AI and machine learning, augmented reality (AR) applications, cloud-based solutions.
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Market Drivers and Trends:
The growing construction sector is expected to propel the growth of the 3D laser scanning services market going forward. The growth of the construction sector is due to population growth and urbanization, infrastructure development, and real estate investment. 3D laser scanning services are extensively used in the construction industry to capture accurate, as-built documentation of existing structures. This data is crucial for renovation, remodeling, and retrofitting projects, where precise measurements and detailed spatial information are required to ensure compatibility with existing conditions. For instance, in October 2021, according to a report published by Oxford Economics, a UK-based economic information services company, the global construction output was $10.7 trillion in 2020, and it is anticipated to increase by 42%, or $4.5 trillion, to reach USD 15.2 trillion in 2030. Therefore, the growing construction sector is driving the growth of the 3D laser scanning services market.
Major companies operating in the 3D laser scanning services market are focused on developing innovative lightweight handheld 3D scanners such as ZEISS T-Scan Hawk 2 to serve customers with advanced features better. ZEISS T-Scan Hawk 2 is a lightweight handheld 3D scanner that can be easily held and operated by hand. For instance, in March 2023, ZEISS, a Germany-based technology enterprise operating in optics and optoelectronics, launched ZEISS T-Scan Hawk 2. This advanced scanner features a red laser marker for precise distance control, a new satellite mode for scanning large areas, GOM Inspect 3D inspection software, and hyperscale calibration. Additionally, the ZEISS T-SCAN Hawk 2 undergoes acceptance testing and is certified to the highest industry standards.
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Major Key Players of the Market:
WSP Global Inc, Carl Zeiss AG, Hexagon AB, Autodesk Inc, Trimble Inc, Digital Surveys Ltd, Topcon Corporation, Technics Group Inc, 3D Systems Inc, Nikon Metrology NV, Creaform Inc, McKim & Creed Inc, Perceptron Inc, Apply Capnor AS, Laserdesign Inc, Kreon Technologies, Severn Partnership Ltd, BuildingPoint Canada, 3D Digital Corporation, ShapeGrabber Inc, Laser Aviation Inc, SmartGeoMetrics Inc, Lanmar Services Ltd, TruePoint Laser Scanning LLC, Artec 3D, Fagerman Technologies Inc
3D Laser Scanning Services Market 2024 Key Insights:
• The 3D laser scanning services market size is expected to see strong growth in the next few years. It will grow to $11.52 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%.
• Impact Of Construction Sector Growth On The 3D Laser Scanning Services Market
• Introduction Of Innovative 3D Scanners To Better Cater Customers
• Asia-Pacific was the largest region in the 3D Laser Scanning Services market in 2023
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