Research Nester published a report titled “Japan 3D Scanner Market: Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the Japan 3D scanner market in terms of market segmentation by component, product, type, range, application, and by industry vertical.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The Japan 3D scanner market is anticipated to grow with a CAGR of 6.46% over the forecast period, i.e., 2020 – 2030. The market is segmented by type into tripod mounted, fixed CMM-based, portable CMM-based, and desktop 3D scanners, out of which, the fixed CMM-based segment is projected to generate the largest revenue of USD 171.4 Million by the end of 2030. Moreover, in the year 2020, the segment registered a revenue of USD 99.1 Million.
The market is also segmented on the basis of product into laser-based scanners, structure light scanners, optical scanners, and others, out of which, the laser-based scanners segment held the largest revenue of USD 142.0 Million in the year 2020, and is further projected to touch USD 251.5 Million by the end of 2030.
The Japan 3D scanner market is estimated to garner a revenue of USD 503.0 Million by the end of 2030, up from a revenue of USD 291.4 Million in the year 2019. The growing construction, automotive, healthcare and other industries in the nation, which is driving the need to adopt advanced scanning tools, is one of the major factors anticipated to drive the growth of the market in the coming years. Besides this, the rising shift towards Industry 5.0, growing adoption of cloud computing services, and the increasing need for optical inspection in the semiconductor industry, are some of the additional factors projected to contribute to the market growth.
Increasing Demand for 3D Scanner in the Automotive Industry to Create Opportunities for Market Growth
The Japan Automobile Manufacturers Association (JAMA), in one of its statistics, stated that 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.
Japanese vehicles are known to have their presence worldwide. The nation is also known to have some of the largest automotive vehicle manufacturers. Backed by the growing sales of vehicles, not just in the country, but also worldwide, along with the increasing focus on quality control of these vehicles, the automotive companies in the nation are increasingly demanding for advanced scanning tools that can help them increase their efficiency as well as product quality. Such a factor is thereby anticipated to drive the growth of the market in the coming years.
However, the high initial cost of 3D scanning technology, and the unavailability of skilled professionals to operate 3D scanners are expected to operate as key restraint to the growth of Japan 3D scanner market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the Japan 3D scanner market which includes company profiling of 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. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the Japan 3D scanner market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.