28 Jul
2014
Creating a real life 3D model of any object through scanner is not impossible! This reality has come out of science fiction to be utilized by the users. It is widely used in numerous applications; however, the 3D scanning technology has revolutionized video game, healthcare and entertainment industries.
3D scanning market has become a hotspot for numerous investors across the globe. There is million dollars investment pouring in the same market. Allied Market Research provides an extensive research of the global 3D scanning market and offers intuitive insights.
As per the report by AMR, the market would attain a value of $4.9 billion by 2020, with a healthy CAGR of 12.4% during 2014 - 2020.
Two continents that would lead the market growth are:-
The above two regions are expected to contribute more than 2/3rd of the revenue. Asia Pacific is expected to generate significant revenue during the estimated period.
Market Restraints:-
Reverse engineering under 3D scanning is mostly preferred by industries such as manufacturing, automobile, and defense and would generate significant amount of revenue by the year 2020. This is mainly due to its successful study and modification of industry related products.
Key companies operating in the 3D scanning market are:-
Akhilesh Prabhugaonkar
Author's Bio- Akhilesh Prabhugaonkar holds a bachelors degree in Electronics Engineering from the reputed Vishwakarma Institute of Technology. He has a special interest in the fields of forensics, world history, international relations and foreign policy, sports, agriculture, astronomy, security, and oceanography. An ardent bibliophile and melophile, Akhilesh loves to write on topics of his interest and various other societal issues. This love for writing made him enter the professional world of content writing and pursue his career in this direction.
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