Industrial Scanners Market Size, Share, Growth, and Industry Analysis by Type (3D Scanners, 2D Scanners), by Application (Filming and Animation, Transportation and Logistics, Medical Use, Quality Assurance, Factory Automation), Regional Insights, and Forecast To 2032

Updated On: 22 April 2024

industrial scanners market Report Overview

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The global industrial scanners market size was USD 2026 million in 2022 and the market is projected to touch USD 3327 million by 2032 at a CAGR of 5.1% during the forecast period.

Industrial scanner use advanced imaging technology to capture images and examine them for various applications, including barcode reading, object recognition, and quality inspection. The industrial scanners market is extremely fragmented due to the presence of numerous small and large-scale vendors. Several local and regional players are aiming on increasing their profits, which in turn, will toughen the market’s viable environment. Retailers are consolidating their market position by obtaining smaller players and are investing in the development of advanced technology. With the increasing demand for automation and digitization in industrial sectors, the need for efficient and accurate scanning solutions is growing. Stationary industrial scanners offer benefits such as improved productivity, reduced errors, and increased efficiency, which are motivating their implementation in numerous industries. Currently small and local businesses have ongoing offering services online. Business practise and e-commerce continue to be centred on barcodes.

Scanners continue increasing the industrial scanners sector due to their lively competence and accuracy. The increase in wearable barcode scanner is creating comfort for manufacturing industry. As the demand for big data continues to grow, the demand for industrial scanners will enhance the country. Rising significance of big data has been remarkable in securing information and managing large scale productions.  The 2D scanners segment encompasses of scanners that can inspect both 2D images and 1D codes. The section has exceeded the laser scanning and direct scanning sector due to the increasing popularity of 2D scanning. It is highly used in warehouses, retail stores, and in the industries such as automobiles or aviation. Participating are fixing their efforts on encouraging R&D. Manufacturers need to stay updated with changing market trends and develop products that meet growing consumer needs. Technological development are supporting the regional market growth. Companies coming up with progressive technological solutions for firming their positions.

COVID-19 Impact:  Pandemic hampered the market due to unexpected disruption in the sector

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

COVID-19 pandemic has extremely affected the whole world. It caused many unexpected disruption and affected the industry. COVID-19 had negative impact on the market due to economic slowdown, unpredictability in financial sector and high unstable market. The pandemic resulted in decreased demand due to a disrupted supply chain, drop in sales of products, delivery schedules. Travel bans imposed affected business collaboration and partnership. Demand had recently reduced due to travel bans and lockdown during the COVID-19 pandemic. The continuous loss in the business due to the lockdown measures is projected to directly influence the growth of the investments in the market.

Latest Trends

"Use of innovative products to boost the market growth "

Technological improvement and development will further enhance the presentation of the product, allowing it to obtain a varied range of requests in the market. Technological advancement will improve performance and propel the market growth. Technological advancement with high demand are increasingly setting a force to increase the productivity. Some players focus on product improvement to meet consumer requirements and likings. Constant innovation in manufacturing of products is anticipated to stimulate product demand.

industrial scanners market Segmentation

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• By Type Analysis

According to type, the market can be segmented into 3D scanners, 2D scanners.

3D scanners will capture the maximum market share through forecast period.

• By Application Analysis

According to application, the market can be segmented into filming and animation, transportation and logistics, medical use, quality assurance, factory automation.

Industrial scanners market players cover segment as filming and animation will dominate the market share during forecast period.

Driving Factors

"Rise in globalization is emphasizing to boost the market growth"

Rising demand for industrial scanners to detect and reduce quality deficiencies and sell high quality output to customers. High competition due to globalization is stressing business to market and sell quality assured commodities. Increase in scanners is creating ease for the manufacturing industry

"Technological advancement and development to upsurge the market"

Technological advancements and innovation activate unique revenue augmenting opportunity which will upsurge the industrial scanners market growth. Growing investment in research and development activities and growing awareness about benefits of industrial scanners are expected to deliver profitable opportunities for the market. Constant development are one of the trends in the market in variety of practices. The industry is based on technology and technological experiences. A variety of software programs and operating systems are companionable with the scanner. Retailers may quickly incorporate the scanner into their existing technological setting because of its flexibility which inhibits any substantial changes or interruptions.

Restraining Factors

"Alternative availability to hamper the market growth"

Alternatives availability is hampering development of industrial scanners market. 3D scanners offer quick and highly accurate 3D scanning, the availability of cost effective alternatives may deplete the market growth. Technical difficulties will reduce the industry revenue.

industrial scanners market Regional Insights

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"Asia Pacific to dominate the region due to technological development"

Asia Pacific is further expected to witness growth in the industrial scanners market share. The region is dominating the market due to rising demand for advanced technology. The rising inhabitants and increasing income levels are also contributing to the development of the market. Upsurge in investments by key market players for the R&D undertakings and enlargement of their production abilities and product portfolios are projected to upsurge the growth. The expansion of regional market is being aided by technological developments.

Key Industry Players

"Key players focus on partnerships to gain competitive advantage."

The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and increasing market share by merger, partnerships and others. Key players are motivated to introduce new innovative products. They are spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market. The market changes are dynamic such as market expansion, partnership and merger.

List of Market Players Profiled

• Honeywell (U.S.)
• ZIH (U.S.)
• Datalogic (Italy)
• Olympus (Japan)
• DENSO (Japan)

Report Coverage

The report provides scrutiny and information according to market sectors. Business overview, financial overview, product portfolio, new project launch, recent development enquiry are the factors included in the profile. The report incorporates completely examined and appraised evidence of the noticeable players and their position in the market by methods for various descriptive tools. The report covers national and regional level market size and forecast. The report gives businesses the facility to research new prospect in many areas. The report shows to be an operational tool that players can use to gain a competitive superiority over their opponents and ensure lasting achievement in the market.