The overall size of the 3D camera market was at 1.99 billion USD in 2018, which is expected to grow at a CAGR of 35.8% from 2019 to 2025.
Growth has been driven by advances in 3D technology and the increase in the adoption of products in the entertainment industry. As demand for 3D content increases in the entertainment sector and related equipment, demand is expected to increase even more. The demand for 3D cameras increases as the range of images increases in home automation, virtual reality, robotics and video surveillance. In addition, ease of use and accuracy have increased the need to create 3D models of objects and their environment. Demand for 3D scanning increases the expectation that market growth will accelerate during the forecast period. It is likely that the growing surveillance application in the domestic, military and industrial sectors will accelerate the adoption of these cameras around the world. As the rate of penetration of devices compatible with 3D technology such as smartphones, tablets and televisions increases, their demand in the gaming industry and entertainment increases.
Despite its wide application in several industries, it is expected that higher prices will hinder market growth compared to digital 2D and digital cameras. In addition, the lack of awareness and understanding of the mechanisms between consumers can be used to inhibit growth. However, the companies invest in R & D to make the technology feasible and profitable in 3D camera market. For example, LucidCram, based in California, USA, launched LucidCam, a stereo-steric camera that supports a 180-degree wide angle lens that approaches the average distance between human eyes to reproduce depth.
This research report on the Global 3D Camera Market has been segmented and sub-segmented into the following categories and analyzed market size & forecast for each segment until 2024.
3D Camera Market - By Technology
3D Camera Market - By Type
3D Camera Market - By Application
3D Camera Market - By Region
Regionally, The Asia-Pacific region has the largest market share in 2018 and is expected to expand at a CAGR more than 39.3% during the forecast period due to factors such as the increase in the smartphone penetration, improved entertainment industry, increased revenue available and reduced camera ownership. It is expected that the smart phone and tablets 3D camera in the region will extend to a CAGR of 40.8% during the forecast period. It is expected that the US market will see growth as the adoption of military applications increases. The widespread adoption of professional cameras can be due to the growing popularity of 3D movies and the presence of a huge cinematographic industry in the region.
Top companies in the market
Among the leading players in the 3D camera market are Go Pro, Nikon, Sony Corp., Panasonic Corp, Kodak, Canon, LG Electronics Inc., Fujifilm Corp., Samsung Electronics Corp. I Faro Technologies.
3D Camera Market
3D Camera Market