The global aircraft wheel scanning system market size is projected to reach USD 855.4 million by 2028, exhibiting a CAGR of 7.0% during the forecast period. As per a new report published by Fortune Business Insights™, titled “Aircraft Wheel Scanning System Market, 2021-2028”, the global market value was USD 650.0 million in 2020. With international and domestic air travel in major economies experiencing unprecedented contraction amid the COVID-19 pandemic, the aircraft wheel scanning system market growth has been severely impacted. In 2019, the size of the market stood at USD 940.0 million; in 2020, as the pandemic intensified, the market registered a negative growth rate of -30.85% and reached a value of USD 650.0 million. As aircraft manufacturing activities have sharply declined due to social distancing and trade and travel restrictions, the deployment of aircraft inspection systems has shrunk, impeding the progress of the market. List of Key Players Profiled in the Aircraft Wheel Scanning System Market Report: Nikon Metrology NV (Belgium) Fuel3D Technologies Limited (The U.K.) Creaform Inc. (Canada) Capture 3D, Inc. (California) Artec Europe, S.a.r.l (Luxembourg) Shenzhen HOLON Technology Co., Ltd (China) Hexagone AB (Sweden) FARO Technologies, Inc. (The U.S.) Carl Zeiss Optotechnik GmBH (Germany) Autodesk Inc. (The U.S.) Aeroscan (The U.S.) DAES Group Announces Completion of Wheel and Brake Facility in Riyadh In November 2019, DAES Group successfully completed the construction of a turnkey wheel and brake facility for the maintenance, repair, and overhaul (MRO) provider, First Class Aviation Services, headquartered in Riyadh, Saudi Arabia. Built to handle at least 1,000 wheel units in a year, the new facility is equipped with state-of-the-art aircraft wheel scanning systems and machinery. Moreover, the shop has been designed to facilitate automated services, reduce manual labor, and improve precision, along with saving time. The entire project was managed by the DAES Group and is part of First Class Aviation’s regional expansion strategy, which will be followed by another facility in Jeddah airport. Tangible Advantages of Structured Light 3D Scanners to Catalyze Market Growth Structured-light 3D aircraft wheel scanning systems and solutions have gained rapid prominence in the aviation industry, driven mainly by the material benefits offered by this inventive technology. For example, structured light 3D scanners can acquire data quickly and accurately as they have the capability to scan different points at once and build data in the form of mesh models. These models can then be exported to computer-aided design (CAD) software to be used in the final fabrication process. Moreover, 3D scanning can also enhance the manufacturing process. UK-based Physical Digital, a 3D scanning specialist, offers the TRITOP photogrammetry system to inspect the unification of large castings between components. Thus, this scanning technology can play an instrumental role in improving the assembly and integration processes of aircraft landing gear, which will augur well for this market. Industry Development: February 2020: The Indian government signed a deal worth USD 3 billion for the procurement of MH-60 Romeo and Apache attack helicopters. While the MH-60 helicopters are built by Lockheed Martin, the Apache choppers have been engineered by The Boeing Company. Information Source- https://www.fortunebusinessinsights.com/aircraft-wheel-scanning-system-market-104068