Global 3D Camera Market: Demand Analysis and Growth Forecast
Owing to the increased demand of the photographers, nowadays, there has been an increase in adoption of the 3D camera. Additionally, there has been a discernible increase in the demand for high-quality cameras for smartphones or professional cameras, which is creating opportunities for the manufacturers to innovate 3D Camera as a new product in the market. This growth of the market demand is well-documented in the latest publication of research report by IndustryARC titled “3D Camera Market: By type (3D laser scanning sensors, 3D fringe projection, 3D profile sensors, 3D stereo cameras); By products (smartphones, tablets, professional cameras, hobbyist cameras); By technology (time of flight, stereo vision, structured light, sheet of light triangulation); By application (gaming, general photography, healthcare, automotive, industrial, logistics, security & surveillance, architecture & engineering); By Geography - (2019-2025)”.
The global 3D camera market is assessed by the analyst to be worth $1,200 to $1,600 million as of 2018. Furthermore, the demand is estimated to grow at a CAGR of 35% to 42% through to 2025. The stereo camera is a type of 3D camera that has human binocular vision that can capture the 3D images. For instance, Sharp was the first company that had launched a phone with a 3D camera in the Japanese market.
Browse 75 Market Tables, 178 Figures spread through 160 slides and an in-depth TOC “3D Camera Market (2019 - 2025)”
Global 3D Camera Market: Leading Segment
Geographically, APAC has the most lucrative 3D camera market owing to the higher demand in the prominent consumer electronics market due to the presence of Samsung, Panasonic, Oppo, Xiaomi, and Vivo. Also, higher sales in the healthcare, construction, and automotive industries is influencing the 3D camera market by manifolds. Due to technological advancements in the region, APAC offered the maximum global market share of 38% to 45% in 2018.
3D pictures have clutched the photography to a new extent. The increasing demand of 3D content and 3D scanning in the film and entertainment industry has led to the growth of the market, and also, owing to increasing demand for general photography by millennials, the CAGR of application is projected as 30% to 35% during the forecast period of 2019 to 2025.
Global 3D Camera Market: Disruptive Trends
- Growth of 3D Camera in the Entertainment Industry
Due to a rapid increase in the demand for HD movies, games, and videos, it has become easier for the new entrants to enter the 3D camera market. The 3D camera market is primarily driven by enhanced visual applications in the entertainment industry. Owing to the implementation of 3D technologies in the camera, the entertainment industry is anticipated to grow worldwide. The latest camera used to shot a film in Hollywood was by Weta Digital, with DNEG, Framestore, and MPC providing spectacular future cityscapes. The success of 3D camera in filmmaking is spawning many filmmakers that are venturing into 3D films, and the future will observe an enhanced frequency of 3D films, which is creating a sustainable 3D camera marketplace.
- Growth of 3D Camera in the Health Care Industry
Owing to the recent developments in the health care industry, 3D cameras have also penetrated into the healthcare sector. In 2018, Sony had launched 3D camera technologies in surgical imaging workflows such as 4K, 3D, and 4K3D for clear visualization.
- Growth of 3D Camera in Automotive Industry
In the automotive industry, innovation is expected frequently. ZF’s, a manufacturing company, has developed a 3D (IOS) interior camera that can easily enhance automated and the safety systems by detecting and locating occupants in the vehicle. Additionally, the autonomous trucks and self-driven vehicles are gradually emerging in the automotive industry which will further catapult the demand for 3D cameras.
- Growth of 3D Camera in Smartphones Industry
With the launch of every new smartphone, there is an advancement of a camera in them. Recently Sony Corp. has started to boost its more detailed next-generation 3D sensors chips. This chip will power front and rear-facing camera of models from many smartphones that are going to be launched in 2019. Furthermore, Huawei Technologies Co. has employed Sony’s 3D cameras in its next-generation models.
- Global 3D Camera Market: Recent Developments
Some of the key companies identified in the report that are currently holding majority shares in the global 3D camera market are Cannon, Fujifilm, Nikon, GoPro Inc., Eastman Kodak Co, Panasonic Corporation, Sony Corporation, Faro technologies, Matterport Inc., Lytro Inc., Panasonic Corporation, and LG.
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3D Cameras for Healthcare Market: By Type (Time of Flight, Structured Light & Stereo Vision); By Field (Laparoscopy, Dentistry & Dermatology); By Application (Imaging, Pain Management & Diagnosis) & By Geography-forecast (2018-2023)
3D Sensors Market: By Type (Image sensor, Pressure sensor, Position Sensor, Temperature sensor, others); By Consumer Product (Smartphone, Gaming & Wearable Devices, Others); By Technology (Interactive Displays, Capacitive, Infrared, MEMS, Others); Verticals (Consumer Electronics, Robotics, Automation, Others); By Geography - Forecast (2018 - 2023)
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