Plenoptic Camera Market: Introduction
Plenoptic camera is a field camera that acts as an imaging device. It allows focus on any part of the image after capturing. Light field cameras provide access to all available data about object-related light rays in a picture. The optical plenoptic characteristic offers a medium to recognize a given point where light extends through five distinct dimensions (5D) in a scene: two dimensions to define the place the light reaches at that point and three other dimensions to determine the point's position. The information generated by the light field is stored in conjunction with the software and image data, either online or on the camera, allowing refocusing of the pictures or images to display relevant information for the selected area. 3D cameras or light field cameras are gaining traction nowadays. Few main suppliers are concentrating on various approaches in the light field camera industry and extending in a broad spectrum of electronics and services markets. Plenoptic camera captures various sequences of tiny pictures from distinct points of view, which can later be manipulated according to the requirement. The expanding travel industry is one of the main drivers of the plenoptic camera market.
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Global Plenoptic Camera Market: Competition Landscape
- In September 2018, Panasonic Corporation developed two models of its first digital single lens mirrorless camera with a 35 mm full-frame image sensor: S1 and LUMIX S1R. These models include 4K 60p/50p video recording function and the Dual I.S. image stabilization system.
- In March 2017, Apple Inc. launched an advanced plenoptic camera in order to support the manufacturing of quality products
Established in 1976, Apple Inc. is headquartered in Cupertino, California, the U.S. The company designs, develops, and sells consumer electronics, computer software, and online services.
Founded in 1918, Panasonic Corporation is headquartered in Osaka, Japan. The company offers electronics appliances as well as non-electronic products and services such as home renovation services.
Founded in 2008, Raytrix GmbH is headquartered in Kiel, Germany. Raytrix GmbH sells 3D light field cameras for professional applications and research. These cameras are a new type of 3D-cameras that capture a standard image together with the depth information of the picture.
Founded in 1946, Sony Corporation is headquartered in Tokyo, Japan. It is a multinational electronics and electrical equipment manufacturing company. The company provides consumer and professional electronics, gaming, entertainment, and financial services.
Some of the significant players in the global market are Lytro Inc., Pelican Imaging Corp., Raytrix GmbH, Sony Corporation, Panasonic Corporation, Rebellion Photonics, Cannon Inc., Apple Inc., OTOY Inc., and Samsung Electronics Co. Ltd., among others.
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Global Plenoptic Camera Market: Dynamics
Advanced Photographic Devices and Smartphones with Enhanced Photographic Features to Boost Global Market
Rise in disposable income of people, and demand for professional photography courses and advanced photographic devices in different regions are some of the key factors driving the growth of the global plenoptic camera market. Product durability is another factor fueling the demand for light field camera. Digital cameras are considered by middle class people as luxury products, and people are selective about cameras due to their high prices. Plenoptic cameras are specific in nature. Increasing features in smartphones and other mobile devices pose a major challenge to light filed camera manufacturers. Moreover, long product replacement cycles also hinder market growth. The plenoptic camera market in Asia Pacific is expected to witness high growth due to expansion of consumer electronics market, which include tablets, smartphones, etc., and technological developments in countries such as China and India.
Global Plenoptic Camera Market: Segmentation
The global plenoptic camera market can be segmented based on:
Global Plenoptic Camera Market, by Product
In terms of product, the global plenoptic camera market can be divided into:
- Standard Plenoptic Camera
- Focused Plenoptic Camera
- Coded Aperture Camera
Global Plenoptic Camera Market, by Application
Based on application, the global plenoptic camera market can be classified into:
The report on the global plenoptic camera market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.
Regional analysis of the global plenoptic camera market includes:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excl. Japan (APEJ)
- Middle East & Africa (MEA)
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.