Taken broadly, the 3D laser scanning market is large and growing quickly. One forecast by Global Market Insights calls for the 3D scanning market to reach $10 billion by 2024. Growing from $3 billion in 2016, that’s a compound annual growth rate of around 15 percent. Having said that, a number of industries or applications account for that growth. This includes everything from metrology to autonomous vehicles.
Global Market Insights explains that there is widespread and growing use of laser scanning for precision measurement under 1-meter in industrial and manufacturing applications as well as healthcare. Scaling up, architecture, engineering, and construction (AEC) accounts for a number of applicatons. On top of that is the use of technologies such as LiDAR for guidance in autonomous vehicles. All of this interest in laser scanning and laser imaging is pushing research and development in the direction many technologies have followed: smaller, faster, cheaper.