USD 44.29 billion
Wall Scanner Market Size, Share, Growth Analysis, By Type(Normal and smart), By Application(Residential and commercial), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25A2053 |
Region:
Global |
Published Date: July, 2024
Pages:
157
|Tables:
59
|Figures:
67
Wall Scanner Market Insights
Wall Scanner Market size was valued at USD 44.29 billion in 2019, and USD 46.68 in 2019 and it is expected to reach a value of USD 71.10 billion by 2031, at a CAGR of 5.4% over the forecast period (2024-2031).
A wall scanner is a device used for detecting the framing location behind drywall, and plaster by using lasers to create a three-dimensional image of the interior of a structure. This scanner uses by construction workers and contractors for examining the exact condition of walls and ceilings. These are also used for home purpose for scanning their homes for some common problems like water damage or termite pest. These are used in locating pipes, and AC live wires before any drilling work. Drilling into pipes and wires can be dangerous but using a wall scanner can help diminish this risk.
The market is driven owing to rising demand from end-use industries including automotive, construction, and others. Also, rising applications of the product in commercial buildings are further predicted to boost market growth.
US Wall Scanner Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Normal
Fastest Growth
Smart
Growth Rate
5.4% CAGR
Global Wall Scanner Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Wall Scanner Market Segmental Analysis
Global Wall Scanner Market is segmented based on the type, application and region. Based on type, the Wall Scanner Market is segmented into normal and smart. Based on application, the Wall Scanner Market is segmented into residential, and commercial. Based on region, Wall Scanner Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Wall Scanner Market Analysis by Type
Based on type, global market is segmented into normal, and smart. A normal wall scanner, a minute device can be used to detect the metal frames inside the walls. It is found that it makes an ultrasound signal and detects any object which reflects it. This scanner can be utilized in both residential and commercial applications.
A smart wall scanner is also a small device but with some more features like sound, and video feedback. The images which are created by these scanners are then displayed on a screen connected to it. These scanners can also be used in both residential and commercial applications.
Wall Scanner Market Analysis by Application
Based on application, the wall scanner market is segmented into residential, and commercial. The residential wall scanner can be used in discovering the studs from the inner portion of the walls. It releases an ultrasound signal for finding anything that reflects it. The return signal is then processed by software to create an image of the scanned area.
Global Wall Scanner Market By Type, 2021 (%)
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Wall Scanner Market Regional Insights
North America held the largest global wall scanner market share in 2021 owing to the increased spending on research and development, and availability of a large number of manufacturers in the region. The growing awareness about the usage of product in construction applications positively drives the market growth.
Asia Pacific region is predicted to register significant growth over the forecast period due to the increasing demand from end-use industries including automotive, construction, and aerospace. Furthermore, Increasing construction projects in developing countries may boost the market growth in the region.
Global Wall Scanner Market By Geography, 2021-2028
- Largest
- Fastest
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Wall Scanner Market Dynamics
Wall Scanner Market Driver
- The development of radio frequency technology by numerous well-known businesses worldwide is anticipated to fuel the market expansion in the years to come. With the aid of this technology, users can access real-time data that is stored behind walls. Additionally, metal can be found using wall scanners equipped with magnetometers. Metal studs, nails, metal pipes, and screws can be detected by those with rare earth magnets. End-users will receive information about electrical wires, PVC plumbing, wood studs, metal studs, and metal plumbing pipes with the aid of cutting-edge technologies. These could improve performance, dependability, and accuracy.
Wall Scanner Market Restraint
- Low efficiency, technical problems, and low in accuracy may hinder market growth.
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Wall Scanner Market Competitive Landscape
Global wall scanner market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
Wall Scanner Market Top Player's Company Profiles
- Robert Bosch Tool Corporation
- Walabot
- Anotek Anodizing
- Zircon Corporation
- Cangzhou oubeiruike Instrument and Equipment Co., Ltd.
- Fuzhou Yuxin Electronic Co. Ltd.
- Vaughan and Bushnell Mfg. Co.
- Owlike
- TACKLIFE
- VIVREAL
Wall Scanner Market Recent Development
- In August 2021, Vayyar Imaging, an Israel based company launched stud finder tool for iPhone, and android devices. The wifi enabled wall scanner pairs with smartphones for use by both amateur DIYers and professional tradespeople.
Wall Scanner Key Market Trends
- Radio frequency technology is assisting the users in their common applications related to home, and commercial usage by furnishing real-time information by drilling into pipes, and others. Smartphone-enabled wall scanners are also gaining traction.
Wall Scanner Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global wall scanner market analysis, Asia Pacific market is expected to grow owing to the expansion of the manufacturing sector in India, Japan, and China. Also, the growing expenditure on the development of modern products with features will propel the demand. The launch of advanced wall scanners can facilitate more accuracy, reliability, and performance which can propel growth of the market during the given period.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 44.29 billion |
| Market size value in 2031 | USD 71.10 billion |
| Growth Rate | 5.4% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Wall Scanner Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Wall Scanner Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Wall Scanner Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Wall Scanner Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Wall Scanner Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Wall Scanner Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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