Growing use of 3D motion tracking technology in game development bodes well for 3D body scanner manufacturers, says Fact.MR
Technological advancements in 3D scanning technology are expected to primarily govern the growth potential of 3D body scanners market till 2027
/EIN News/ — USA, Rockville MD, Sep 05, 2022 (GLOBE NEWSWIRE) — This new Fact.MR study currently puts the global 3D body scanner market at US$131.5 million. Over the next five years, global sales of 3D body scanners are expected to grow at an astronomical CAGR of 14.9%.
The increase in per capita disposable income led to a noticeable increase in consumer spending potential, which in turn supported the growth of the retail sector. Growing technological proliferation has fostered the use of advanced 3D body scanning technology in the retail industry, which is expected to boost request for 3d body scanners over the years to come. The growing popularity of video games and the booming video game development industry has also fueled the growth of the 3D body scanner market. 3D scanners are crucial in 3D motion tracking technology which is widely used in video game development.
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This trend is also common in the 3D body scanner market, and new companies are creating innovative 3D body scanners to boost their market presence in the industrial landscape. These upcoming companies are also adopting different strategies to further strengthen their market position among the established market players.
3D body scanner vendors are expected to focus on partnerships, collaborations, mergers and acquisitions to increase their presence in the global market and enhance their revenue generation capability.
- In July 2022, TechMed 3D, provider of human body measurement software solutions, announced the launch of new treatment software. SNAP, a mobile automatic processing software, allows users to scan the full human body and get highly accurate measurements from their phones.
Why is the United States an attractive market for 3D body scanner companies?
“Rapid adoption of advanced technologies and high spending potential in the United States”
The US 3D body scanner market is expected to present highly lucrative opportunities due to rapid adoption of new technologies and presence of key 3D body scanning equipment vendors.
Currently, the US 3D body scanner market is valued at around US$33 million. High consumer spending makes this country a lucrative retail market and this is expected to drive 3D body scanner sales over the next few years.
Presence of developed digital infrastructure, advancement in technology and growing demand for 3D modeling and analysis is also expected to drive the growth of the 3D body scanner market in the United States to 2027.
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Key segments covered by the 3D body scanners Industry survey
- Video games
- Trying on clothes
- Fitness Assessment
- Physiological applications
- Surgical applications
- Health care
- Other sectors
- North America
- Latin America
3D body scanner manufacturers are focusing on product innovation and launching new products to boost their sales potential.
- In April 2022, SHINING 3D, a leading 3D solution provider, introduced a new addition to its FreeScan UE 3D scanner series. FreeScan UE Pro is capable of delivering a scanning accuracy of up to 0.02mm.
- In September 2020, Texel, a Russia-based computer vision technology startup, raised $1.5 million in funding. The funding was intended to be used for the expansion of its 3D scanning technology into the retail sector.
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The key players in the 3D body scanners Market
- Braun & Company Ltd.
- Smiths Detection Group Ltd.
- eCential Robotics
- Brijot Imaging Systems Inc.
- Millivision Technology
- Nuctech Co.Ltd.
- DO Security
- Rapiscan Systems
Main takeaways from 3D body scanners Market research
- The global 3D body scanner market is currently valued at US$131.5 million.
- 3D body scanner shipments are expected to grow at a phenomenal CAGR of 14.9% through 2027.
- The 3D body scanner market revenue is expected to reach $264 million by 2027.
- The US market currently enjoys a valuation of US$33 million.
- Technological advancements, increasing use of 3D motion technology in video games, rapid digitization, growing use of cloud technologies, and high demand for 3D modeling and analysis are expected to drive the market growth.
- The high cost of manufacturing and developing 3D body scanners is expected to have a negative effect on the overall market potential.
- Sales of 3D body scanners in China are expected to grow at a CAGR of 17% over the next five years.
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