Global 3D Camera MarketReport, published by Variant Market Research, forecast that the global market is expected to reach $43.1 billion by 2025 from $2.8 billion in 2017; growing at a CAGR of 40.9% from 2017 to 2025. By geography, RoW and Asia-Pacific are expected to grow at a CAGR of 46.1% and 43.9%, respectively, during the forecast period. The 3D camera is used for capturing a 3D visual image. The 3D camera finds many applications like professional cameras, tablets, smartphones, and computers, among others.
"3D Camera Market (By Type: Target Camera, and Target-Free Camera; By Technology: Stereo Vision, Time-Of-Flight (TOF), and Structured Light; By Application: Professional Cameras, Tablets, Smartphones, Computers, and Other Applications; By Geography: North America, Europe, Asia-Pacific and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025"
Increasing demand from entertainment industryto drive the growth of the 3D Cameramarket
The factors supporting growth of the global 3D cameramarket are users improved preferences, increasing demand from entertainment industry, and advanced 3D scanning technology. The demand of 3D camera from entertainment industry is increasing due to growing demand from photographers, and high use for movie recording. However, price constraints may act as a restraint for the growth of the market. Moreover, mounting virtual reality applications would provide several growth opportunities for the market in the future years.
Type, technology, application, and geography are the major segments considered in the global 3D camera market. By type, the market is bifurcated into target camera as well as target-free camera. Moreover, technology contain time-of-flight (TOF), stereo vision, and structured light. By application, the market is further classified as professional cameras, computers, tablets, smartphones, and other applications. By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America covers the U.S., Canada, and Mexico. UK, Germany, France, Italy, and Rest of Europe are analyzed under the European market. China, India, South Korea, Japan, and Rest of Asia-Pacific are included under the Asia-Pacific market while RoW is bifurcated into South America, Middle East, and Africa.
Target-free cameraaccounted for the largest market share in the type segment
Global 3D Camera Market, by Type
Target-free camera accounted for the largest market share in 2017, in the type segment, and are expected to continue its dominance during the forecast period 2017 – 2025. Advantages of target-free cameras are that it can view the area in the way where the camera is directed, and are signified by a single icon which makes them easy to animate.
Stereo vision accounted for the largest market share in the technology segment
Global 3D Camera Market, by Technology
Stereo vision accounted for the largest market share in 2017, in the technology segment, and are expected to continue its dominance during the forecast period 2017 – 2025. Stereo camera technology is cost effective and used for taking 3D immobile photographs, which is driving the growth of the market.
Professional cameras accounted for the largest market share in the application segment
Global 3D Camera Market, by Application
Professional cameras accounted for the largest market share in 2017, in the application segment, and are expected to continue its dominance during the forecast period 2017 – 2025. The growth is attributed to the high demand of 3D cameras from photographers coupled with huge demand from entertainment industry.
Asia-Pacificdominated the global market with highest market share over the forecast period
GLOBAL 3D CAMERA MARKET SHARE BY GEOGRAPHY,2017
Asia-Pacific dominated the global market with largest market share of 35.1% in 2017, and expected to continue its dominance during the forecasted period. The growing home automation market coupled with high adoption of 3D cameras in the region drive the market growth.
The major players operating in the market are GoPro, Inc., Nikon, Sony Corporation, Canon, LG Electronics Inc., Panasonic Corporation, Samsung Electronics Co., Ltd., Kodak, Fujifilm Corporation, and Faro Technologies, among others.