3D Camera Market - Forecast(2020 - 2025)
Global 3D Camera Market: Overview
A 3D camera is an imaging device which uses depth sensing technologies to take the photocopy of three-dimensional objects. Time-of-flight principle is used by 3D cameras to measure the distance between the sensor and the nearest surface point. The stereo camera is a type of 3D camera that is mainly used for making stereo views, range imaging, and 3D photos for movies. The image sensors present in stereo cameras will allow cameras to simulate human binocular vision and captures the 3D photocopies.
According to this research report from IndustryARC, the 3D camera market size was between $1,200 million to $1,600 million as of 2018. The market demand is projected to grow at a hefty CAGR of 35% to 42% during the forecast period of 2019 to 2025. The increasing usage of 3D cameras in making 3D movies, photography, smartphones, and navigation systems are the factors driving the growth of the market during the forecast period of 2019 to 2025.
Global 3D Camera Market: Outlook
3D camera has a wide range of application such as gaming, general photography, healthcare, logistics and automotive. Among these various applications, 3D cameras are mainly used for the general photography purpose and the demand for this application is estimated to grow with an excellent CAGR of 30% to 35% during the forecast period 2019-2025. The main factors which are driving the growth for the general photography application are increasing people’s interest to click the pictures of surroundings, places they visit, and their own pictures to save memories.
APAC held the largest share of 38% to 45% in 2018 in the global 3D camera market. China is the global leader in the manufacturing of consumer electronics goods such as smartphones, tablets, and laptops. In 2018, 100 million smartphones are manufactured by using 3D cameras in China and are shipped to the entire world[1]. Rising demand for 3D cameras in the manufacturing of smartphones is boosting the growth of the market in this region.
Global 3D Camera Market: Growth Drivers
- Creating Virtual 3D Model of User by 3D Camera –
Increasing usage of 3D sensors for the applications of cameras in smartphones is driving the growth of the 3D cameras market. 3D sensors in smartphones are changing the future of shopping by creating the virtual 3D model of a user. Using this model, consumers can easily scan their body parts such as head and face to virtually try on requirements like hats and spectacles.
- Usage in Robots –
The application of 3D cameras in robots is another factor driving the growth of the market. Current 3D camera technology allows robots to respond autonomously to different situations by analyzing their surrounding environment.
Global 3D Camera Market: Challenge
The major challenge for the growth of the 3D cameras market is regarding cost issues. Despite of its uses in various industries such as logistics, automotive, and gaming, 3D cameras are available in the market at a highly expensive, so they are acquiring demand from a very limited section of our society. Therefore, the sales of the market are less when compared to the other camera technologies such as 2D.
Global 3D Camera Market Players Perspective:
Fujifilm 3D cameras are used to shoot excellent 3D movies and photos on spot within a short period of time because of their effective pixels. Fujifilm’s latest innovation FinePix REAL 3D W3 digital camera consists of features such as anti-blur and super intelligent flash. It is used as both 3D and 2D shooting camera. It contains effective 10.0 megapixels with 3.5 inch LCD monitor and 3.0x optical zoom. It also contains different types of shooting modes such as SP mode, ADV 3D mode, and ADV 2D mode which is mainly attracted by the people interested in photography.
Canon, GoPro Inc., Eastman Kodak Co, LG, Sony Corporation, Faro technologies, Matterport Inc., Lytro Inc., Nikon, and Panasonic Corporation are the other players operating in the 3D camera market.
Global 3D Camera Market: Trend
- Application in Driver Assistance Systems –
3D cameras are used as range cameras in the cars to detect the position of the car on the road. Using these sensors in the system's driver is warned regarding the vehicle approaching from behind so that he can change the lane and also it detects the deviation from the lane and warns the driver by vibrating the seat.
- 3D Cameras in Drones –
RealSense is an autonomous 3D camera which is used to detect and avoid obstacles in drones. Users can launch drones and they can do their own works by forgetting about them until they land. Airdog is a small, 3D camera-equipped drone which is programmed to follow user and make a video of surroundings.
Global 3D Camera Market: Research Scope
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the 3D camera market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of 3D camera market and their specific applications in different types of vehicles.
Global 3D Camera Market: Industry Coverage
Types of 3D cameras: 3D laser scanning sensors, 3D fringe projection, 3D profile sensors, 3D stereo cameras
Product segmentation of 3D cameras: smartphones, tablets, professional cameras, hobbyist cameras
Technologies used in 3D camera: time of flight, stereo vision, structured light, sheet of light triangulation
Applications of 3D camera: gaming, general photography, healthcare, automotive, industrial, logistics, security & surveillance, architecture & engineering
The 3D camera market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
- North America: The U.S., Canada, Mexico
- South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
- Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
- APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
- Middle East and Africa: Israel, South Africa, Saudi Arabia
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