Laser Scanner Market

According to the latest report by Market Research Future (MRFR), the global laser scanner market is likely to register a substantial market valuation at a CAGR of 9% during the forecast period.

The superior quality and inspection standards across numerous industries is the primary driving factor of the laser scanner market. The distribution of laser scanners across several sectors and growth in the 3-D printing market are the other essential factors likely to fuel the laser scanner market. The vital advantage of a laser scanner is the simplification of measuring the soft or fragile parts and detection of many points within a short span of time. Laser scanning also benefits OEMs to bring down the costs as non-contact laser scanning has less restrictions and are comparatively inexpensive. These significant factors are expected to influence the laser scanner market positively. On the other hand, the higher cost associated with laser scanners is estimated to hinder the growth of the market. Nevertheless, an increase in demand from a growing number of manufacturing organizations offers abundant growth opportunities to the laser scanner market over the review period.

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Key Players

The major market players identified in the global laser scanner market are Rockwell Automation, Inc. (US), Omron Corporation (Japan), Keyence Corporation (US), Maptek (US), 3D Digital Corp. (US), SICK AG (Germany), Micro-Epsilon (India), Panasonic Corporation (Japan), Leuze electronic GmbH + Co. KG (Germany), Pepperl+Fuchs GmbH (Germany), Faro Technologies (US), Steinbichler (Germany), Aniwaa (Singapore), Trimble (US), and Laser Scanning (UK).

Segmentation

According to the segmentation followed by MRFR, the global laser scanner market is segmented into components, organization size, type, vertical, and region.

Based on the components, the global laser scanner market is segmented into product and services. The services are sub-segmented into consulting service, integration and deployment services, and maintenance and support services.

By the organization size, the global laser scanner market is segmented into a large enterprise, and small and medium-sized enterprises. Large enterprises have a comparatively more significant market share since these possess the monetary capabilities to upgrade their current operations and implement new technologies. the large enterprise segment is expected to dominate the market share and also have a high CAGR over the forecast period.

Based on the type, the global laser scanner market is segmented into stationary and mobile. The stationary scanners are primarily being deployed in building and construction, and automotive verticals, whereas the mobile scanners are typically being installed by the government and defense verticals.

On the basis of the vertical, the global laser scanner market is segmented into building and construction, food, beverages, and consumer goods, automotive, healthcare and pharmaceutical, government and defense, and others. The building and construction segment has the highest market valuation in the present market scenario. Major factors that are expected to contribute towards the market growth are the growing need for safety and security concerns across several industry verticals.

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Regional analysis

By region, the global laser scanner market is segmented into North America, Europe, Asia-Pacific, and rest of the world.

The North American region has the largest market share over the forecast period. There have been early adoption laser scanners in several industries such as consumer goods, transportation, healthcare, government, and defense as well as utility vertical in this region. The strong presence of major companies utilizing the scanners and key market players that produce these devices is driving the growth of the North American laser scanner market over the review period.

The Asia Pacific is a significant region for the global laser scanner market. laser scanners are also being excessively deployed in the fast-expanding and technologically advancing building and construction, as well as healthcare and pharmaceutical industries in the APAC region. This is likely to reinforce the better penetration of laser scanner into other developing economies such as India, China, Japan. Moreover, various opportunities are also rising in the automotive and transportation sector.

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