Research

Growth Predicted for 3D Scanners Thanks to Affordability of High-End Features

• By David Nagel
• 01/29/20

Market research firm IDC is forecasting rapid growth for 3D scanners in the next few years. The devices allow users to scan real-world objects to convert them into 3D models for a range of purposes, including 3D printing.

The massive growth in the 3D scanner market will be propelled, in part, by more advanced scanning technologies trickling down into the entry level (less than $5,000) and middle price ranges ($5,000 to $50,000) from the top end ($50,000-plus), according to IDC's Worldwide 3D Scanner Forecast, 2020-2023.

According to IDC, other factors for growth include:

• Improvements in software leading to increased ease of use;
• New use cases; and
• More efficient processes.

"As the market has expanded, we continue to see a rapidly growing number of applications of 3D scanning technology. More accuracy, a greater number of features, and more efficient processing and workflows are increasing customer interest and experimentation by users," said Max Pepper, research analyst, Imaging, Printing, Document Solutions at IDC, in a prepared statement.

IDC is predicting a 21.2 percent compound annual growth rate in 3D scanner shipments through 2023, with total shipments hitting 635 million units — representing a value of about $3 billion — in 2023.