The global 3D imaging market has been forecasted to uphold a fragmented characteristic due to the presence of a plentitude of participants, according to the market intelligence of Transparency Market Research (TMR). However, there could be a handful of budding players filling the global 3D imaging market, viz. Konica Minolta, Inc., Stemmer Imaging, and Zebra Imaging. Dominant players such as GE Healthcare and Microsoft Corporation have been projected to take the lead in the global 3D imaging market.
Aggressive technological development could be expected to take shape on the back of the need to stay in touch with the dynamic business environment in the global 3D imaging market. Companies have also been expected to embrace new product development and innovation as a vital strategy to enlarge their business reach.
As per the statistics of a TMR report, a revenue value of almost US$18.0 bn has been anticipated to be earned by the world 3D imaging market by 2021. The analysts have stated that the world 3D imaging market could rise at a CAGR of well above 26.0% between 2015 and 2021. Of all the end-use products in the world 3D imaging market, 3D cameras have been foretold to rake in a US$7.83 bn by 2021. With a more than 38.0% share predicted to be secured by the same year, North America could be a leading geography in the world 3D imaging market.
Medical Sector at Forefront of Technical Deployment Heavily Adopts 3D Imaging
Medical imaging has been envisaged to trigger a significant demand in the international 3D imaging market while riding on critical advantages deemed vital for medical care and research. Vital opportunities for gaining a strong foothold in the international 3D imaging market could be leveraged from the demand in ultrasound, diagnostic radiology, orthopedics, cardiology, dentistry, gynecology, and oncology spaces.
Owing to machine vision applications from factory safety to automatic truck loading, the international 3D imaging market has been envisioned to attract a heavy demand from industrial automation and automated inspection. 3D imaging also allows proficient guidance and control of robotic systems to facilitate effective communication between human and robots.
Movies, video games, and television are some of the crucial channels of demand in the media and entertainment industry that could bolster the future growth of the international 3D imaging market. The enhancement of visualization quality and customer experience have been prophesied to be key for driving the demand in the international 3D imaging market from media and entertainment.
Design and Cost Constraints Dash Hopes of 3D Imaging Vendors
Complications in terms of system calibration and setup besides the interpretation and acquirement of large datasets could hinder the growth of the worldwide 3D imaging market. The high cost factor and inability to cater to price-sensitive markets could be another reason that the worldwide 3D imaging market might face a sustainable drawback.
However, the impact of these deterrents in the worldwide 3D imaging market has been prognosticated to dwindle from medium to low by the concluding forecast year. Manufacturers could implement powerful solutions to overcome the complexities of 3D imaging systems. As for the exorbitant cost of 3D imaging systems, consumer-oriented modules for smartphones could help to drive it down. The ballooning appeal of virtual reality and opportunities in the emerging countries of Asia Pacific and Rest of the World have been expected to augur well for the worldwide 3D imaging market.
The information presented in this review is based on a TMR report, titled “3D Imaging Market (End-use Products - 3D Cameras (Time of Flight, Stereo Vision, and Structured Light), Sonography (Sonars and Ultrasound), and Smartphones; 3D Image Sensors - CMOS Sensors and CCD Sensors; Application - 3D Modeling, 3D Scanning, Layout and Animation, 3D Rendering, and Image Reconstruction; End-use Industry - Entertainment, Healthcare, Architecture and Engineering, Industrial Application, and Security and Surveillance) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021.”
The global 3D imaging market has been segmented as presented below:
Global 3D Imaging Market by End-use Products
- 3D Cameras
- Time of Flight
- Stereo Vision
- Structured Light
Global 3D Imaging Market by 3D Image Sensors
- CMOS Sensors
- CCD Sensors
Global 3D Imaging Market by Application
- 3D Modeling
- 3D Scanning
- Layout and Animation
- 3D Rendering
- Image Reconstruction
Global 3D Imaging Market by End-use Industry
- Architecture and Engineering
- Industrial Application
- Security and Surveillance
Global 3D Imaging Market by Geography
- North America
- Asia Pacific
- Rest of the World
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