3D Scanning Market Is Expected To Reach USD 4.90 Billion By 2020: Grand View Research, Inc.

The global 3D scanning market is expected to reach USD 4.90 billion by 2020, according to a new study by Grand View Research, Inc. Surging demand across several application areas along with technological advancements are expected to be key factors driving 3D scanning market growth over the forecast period. The technology is poised for growth owing to its ability to provide high resolution and rapid 3D digitization over conventional scanning techniques.

Increasing usage across applications such as historic edifice preservation is also expected fuel market growth over the next few years. Aging infrastructure with historical significance needs to be preserved and documented, which is also expected to drive market growth. Suppliers of hardware as well as software solutions emphasize on continuous improvements in workflow and ease-of-use, thereby driving sales and resulting in a technology being more accessible to professional users. However, high-priced scanners may hamper the 3D scanning market.

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