Galvo Scanner Market Size, Share, Growth, and Global Industry Analysis by Type (3 - 7 mm, 10- 20 mm, 25 - 50 mm, and Others), By Application (Laser Marking, Laser Engraving, Stage Lighting Control, Laser Drilling, Medical Beauty Industry, and Others), Regional Insights, and Forecast To 2032

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GALVO SCANNER MARKET OVERVIEW

The global galvo scanner market size was valued at USD 0.49 billion in 2023 and is projected to touch USD 0.75 billion by 2032, exhibiting a CAGR of 4.7% during the forecast period. Asia-Pacific holds leading position in galvo scanner market share in 2023.

Galvanometer optical scanners, also called galvos or galvo scanner are motorized mirror mounts and systems. They are used for applications such as directing or scanning laser beams. They are perfect for accurately and precisely moving small Galvanometer Optical Scanner. Galvo Scanners are extremely dynamic electro-optical components that place a laser beam precisely and repeatedly using a rotatable low-inertia mirror. Galvo scanners are used wherever laser beams are used; such as manufacturing, packaging, cutting, welding, laser light shows, materials processing, and many more applications.

In order to stabilize the temperature, galvo scanners are frequently fitted with heaters and temperature sensors. This keeps the device's temperature consistent and improves long-term stability even in changing environmental conditions. Galvo scanners support site planning. In order to begin and oversee the construction process, architects use it to obtain detailed information. It is used to locate equipment defects of any kind. Additionally, they are precise and, more importantly, safe to use.

COVID-19 Impact

Utility of Product Increased Market Share

The rise in CAGR is attributable to the galvo scanner market growth and demand returning to pre-pandemic levels once the pandemic is over. The global COVID-19 pandemic has been unprecedented and staggering, with galvo scanner experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. 

The effects of the COVID-19 pandemic are already being felt on a global level, the global galvo scanner market was significantly influenced. The outbreak of COVID-19 had a negative impact on several markets. Various countries went into lockdown. With sudden pandemic, all kinds of businesses observed disruptions. The pandemic had a significant impact on the galvo scanners market.

Multiple important things for specialized protection had to be designed and developed during the COVID-19 pandemic. Given that humans are endowed with a wide range of anthropometric data, galvo scanners were here introduced in the medical area to produce protective products. The COVID-19 pandemic protection personal protective equipment (PPE) was made using these scanners to include gloves, clothing, masks, face shields, and other protective materials.

Galvo scanners were utilized by clinicians to treat COVID-19 patients more effectively and with the fewest hazards during this COVID-19 pandemic. According to the necessary requirements, it created medicinal components. This technology may accurately measure the patient's affected skin surface area or a specific location. With the help of technology, they could quickly and without physical contact acquire an exact 3D image with precise measurement. The scanned information was readily used to generate point cloud data for a CAD model.

LATEST TRENDS

Continuous Technological Developments to Benefit Market Prospects

According to Stantec, galvo scanners could be used to transform the economic landscape. Project teams can capture detailed and accurate 3-dimensional information from either a specific area or an entire building with all its components. A skilled expert with a laser scanner may now complete a crucial project lifecycle phase in a matter of hours instead of the usual site visits and requirement of a survey team.

Aerotech is developing the AGV-SPO, a brand-new, high-performance Galvo scanner. They have incorporated a wide range of mirror surfaces, it provides a wider field of view than typical 2D scanners, decreases laser spot distortion, and is adaptable enough to support a wide range of laser wavelengths. As a result, the laser scanner is appropriate for a variety of applications, including medical devices and additive manufacturing. Even larger parts may now be handled more quickly and uniformly thanks to the new Galvo Scanner.

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GALVO SCANNER MARKET SEGMENTATION

• By Type

Based on type, the market is bifurcated as follows: 3 - 7 mm, 10 - 20 mm, 25 - 50 mm, and Others.

The 3-7 mm is anticipated to account for the largest market share through 2028.

• By Application

Based on application, the market is segmented as follows: Laser Marking, Laser Engraving, Stage Lighting Control, Laser Drilling, Medical Beauty Industry, and Others.

Laser Marking Application occupied the major share of the global market in 2021.

DRIVING FACTORS

Industry 4.0 to Boost Market Share

The global galvo scanners market share is expanding as a result of new generations of scanners with enhanced performance, higher accuracy, and flexibility that are simple to integrate into systems. A paradigm shifts toward a connected world and an increasing need for miniaturization. However, this drives manufacturers to make more strides in the galvo scanner industry and create smarter solutions. Meanwhile, research and development in the galvo scanner sector to reduce prices and enhance functionality are anticipated to advance.

Ease of Urbanization to Grow Partnerships from Market

Urbanization has a major development goal globally across continents. According to the United Nations, 55% of the world’s population resides in urban areas. But projections indicate there will be a gradual shift of the population from rural to urban areas. The population that resides in urban areas is expected to increase to 68% by 2050. Galvo scanners have a prolific resume in the infrastructure and design industry. The latest galvo scanners would assist in retrieving a detailed mapping of a site without having the need for multiple visits to survey the site. This is projected to boost the global galvo scanners market.

RESTRAINING FACTORS

Limitations of Scanner to Hamper Market Growth

Galvo scanners are optical devices; Hence it is impossible to measure any surface that is not in the scanner's field of view. This means that the scanner cannot measure internal or concealed geometry that is hidden from view. Galvo scanners read the laser's light in order to collect data; if ambient light seeps in, this can reduce the precision of the scan. The cost of industrial galvo scanners is high. This does not include setup and training expenses.

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GALVO SCANNER MARKET REGIONAL INSIGHTS

Asia Pacific Dominates the Market as Major Manufacturer

Asia Pacific countries are the largest market shareholder for galvo scanners. This is built upon factors such as huge investments of the governments in the developing countries. These investments are planned for large-scale infrastructure projects. Adding on to this, is the rising consistent advancement in healthcare preparedness in this region for better healthcare facilities. North America is the second major shareholder of the global galvo scanners market.

KEY INDUSTRY PLAYERS

Key Players Focus on Partnerships to Gain a Competitive Advantage

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.

List Of Top Galvo Scanner Companies

• Novanta Photonics [U.S.]
• SCANLAB [Germany]
• Aerotech [India]
• Raylase [Germany]
• Citizen Chiba Presision [Japan]
• Nutfield Technology [U.S.]
• Edmund Optics [U.S.]
• Sino-Galvo [China]
• Shenzhen Han's Scanner S&T [China]
• Sunny Technology [U.S.]
• Shenzhen Galvotech [China]
• Beijing Century Tuotian [China]
• Superwave Laser [China]
• Beijing JCZ [China]

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.