Japan 3D Scanner Market Highlights Over 2019 - 2030
The Japan 3D scanner market is estimated to garner a revenue of USD 503.0 Million by the end of 2030, by growing at a CAGR of 6.46% over the forecast period, i.e., 2020 – 2030. Moreover, in the year 2019, the market in the nation garnered a revenue of USD 291.4 Million. The growth of the market can primarily be attributed to the rising adoption of 3D scanning technology across different end-use industries, such as construction, automotive, healthcare, and others, along with the increase in research and development spending on three-dimensional metrology. 3D scanning has revolutionized the way businesses model, design, and visualize real-world objects or environments. Using 3D scanners, models can be developed with greater precision, and the design processes can also become more efficient, especially while designing difficult-to-access areas. Moreover, the market is also anticipated to grow on account of the growing manufacturing industry in Japan, and the rising focus of these industries to control the quality of their manufactured goods. According to the statistics by the World Bank, the value added by the manufacturing industry in Japan increased from USD 909.543 Billion in the year 2015 to USD 1.046 Trillion in the year 2019.
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The Japan 3D scanner market is also anticipated to grow on account of the rising adoption of cloud computing services, increasing advancements towards the adoption of Industry 5.0, growing need for optical inspection in the semiconductor industry, and the surge in the number of infrastructural developments in the nation. Additionally, the growing demand for 3D scanning in the automobile industry in Japan, on the back of rising sales of different type of vehicles, is also expected to accelerate the market growth in the coming years. According to the statistics by the Japan Automobile Manufacturers Association (JAMA), the number of new registrations of motor vehicles in the country increased from 4970258 numbers in the year 2016 to 5272067 numbers in the year 2018.
Growth Drivers and Challenges Impacting the Growth of the Japan 3D Scanner Market
Growth Drivers
- Rising Need to Record Large Volume of 3D Data for Analysis & Modelling
- Growing Demand for Highly Accurate 3D Scanning
Challenges
- High Initial Cost of 3D Scanning Technology
- Unavailability of Skilled Professionals to Operate 3D Scanners
Japan 3D Scanner Market Segmentation Synopsis
The Japan 3D scanner market is segmented by component into hardware, software, and services. Out of these, the hardware segment is anticipated to garner the largest revenue of USD 303.9 Million by the end of 2030, up from a revenue of USD 169.7 Million in the year 2020. By product, the market is segmented into laser-based scanners, structure light scanners, optical scanners, and others. The laser-based scanners segment, amongst all the other segments, is anticipated to generate the largest revenue of USD 251.5 Million by the end of 2030, by growing up from a revenue of USD 142.0 Million in the year 2020. By type, the market is segmented into tripod mounted, fixed CMM-based, portable CMM-based, and desktop 3D scanners. Out of these, the fixed CMM-based segment is projected to generate the largest revenue of USD 171.4 Million by the end of 2030, up from a revenue of USD 99.1 million in the year 2020. The market is also segmented by application into quality control & inspection, reverse engineering, rapid prototyping, face/body scanning, and others. Out of these, the quality control & inspection segment is projected to generate the largest revenue of USD 210.7 Million by the end of 2030.
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On the basis of range, the market is segmented into short range, medium range, and long range. The short range segment, amongst all the other segments, is expected to touch the largest revenue of USD 216.3 Million by the end of 2030, up from a revenue of USD 122.1 Million in the year 2020. Moreover, by industry vertical, the market is segmented into automotive, healthcare, aerospace & defense, architecture & construction, electronics, artifacts & heritage preservation, mining, and others. Out of these, the automotive segment is anticipated to register the largest revenue of USD 145.8 Million by the end of 2030, up from a revenue of USD 78.3 Million in the year 2020.
Top Key Companies Dominating the Market
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the Japan 3D scanner market that are included in our report are Hexagon AB, Japan 3D Printer Co., Ltd., KEYENCE CORPORATION, Artec Europe, Topcon Positioning Systems, Inc., 3D Nest Co., Ltd., Perceptron, Inc., Nikon Corporation, FARO Technologies, Inc., 3D Systems, Inc., and others.
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