Indian 3D Scanning Market Size, Share, Trends & Forecast 2019-2025
The Indian 3D scanning market is forecast to reach $381 million in 2025 as compared to $196 million in 2016 at a CAGR of 11.8% during the forecast period. India is the 2ndmost populous country across the globe with approximately 1.3 billion people. The major sectors where considerable growth can be observed in 3D scanning are aviation, automobile, industrial and manufacturing, and power sectors. The major factor for the growing market in India includes increasing industrial investment in private and government sectors, continuous economic growth, high growth in automotive segment and so on.
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The government of India has introduced new taxation system in the country as Goods and Service Tax (GST) in 2017. After implementation of GST, a tax of 18% will be applied on 3D scanners in the nation. The price of the 3D scanner varies as per its specification. The starting price of 3D scanners is near to $500, which can go up to $ 40,000 or more depending on its type. The US 3D Scanning market is segmented on the basis of type, range, and application. On the basis of type, the market is segmented into laser scanner, structured-light scanner, and optical scanner. On the basis of range, the market is segmented into short, medium and long-range scanners. On the basis of application, the market is bifurcated into healthcare, aerospace and defense, architecture & engineering, industrial manufacturing, tunnel and mining, energy & power, automotive and others.
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India 3D scanning market consists of various players that are manufacturing the several types of 3D Scanning devices to cater to a large range of customers across the globe. The key players that are active in the market include 3D Systems Corp., Faro Technologies Inc., Hangzhou Shining 3D, Pegs. Co, Hexagon Manufacturing Intelligence, Tech Co., Ltd., RASCO Automotive Systems Pvt, Ltd, GIC Pvt Ltd., 3idea Technology and Creaform Inc.
Market Segmentation
Indian 3D Scanning Market by Type
- Laser Scanners
- Structured Light Scanner
- Optical Scanner
Indian 3D Scanning Market by Range
- Short Range Scanners
- Mid Range Scanners
- Long Range 3d Scanners
Indian 3D Scanning Market by Application
- Healthcare
- Aerospace & Defense
- Architecture & Engineering
- Industrial & Manufacturing
- Tunnel & Mining
- Automotive
- Others
- Power And Energy
Company Profiles
- 3D Systems Corp.
- 3idea Technology
- Creaform Inc.
- Faro Technologies Inc.
- GIC Pvt Ltd.
- Hangzhou Shining 3D
- Hexagon Manufacturing Intelligence
- Pegs. Co
- RASCO Automotive Systems Pvt, Ltd
- Tech Co., Ltd.
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