Global 3d camera market

Global 3D Camera Market Size, Share, Growth Analysis, By Technological Insight(Stereo Vision, Time of Flight), By Application(Professional Camera, Smartphone) - Industry Forecast 2024-2031


Report ID: SQMIG45J2189 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 65 | Figures: 75

Global 3D Camera Market Insights

3D Camera Market size was valued at USD 13.9 billion in 2019 and is poised to grow from USD 18.08 billion in 2023 to USD 148.06 billion by 2031, growing at a CAGR of 30.06% in the forecast period (2024-2031).

A 3D camera is an image tool that has two lenses. It accurately reproduces the image as seen through human binocular vision. Three-dimensional photos are captured by 3D cameras, improving the overall quality of the images. It enables photographers to take pictures that give the appearance of depth in 2D photos, enhancing the image's aesthetic value.

Since 3D movies allow viewers to immerse themselves in the action on-screen much more organically than with 2D footage, 3D technology in video cameras is not a unique idea. Instead of using just one lens, as is the case with the present paradigm of cameras, stereo 3D cameras use two. The growing use of surveillance in the industrial, military, and home security sectors will promote the use of 3D cameras.

The key driver of the global 3D camera market is the entertainment sector's growing demand for and popularity of 3D content. The need for 3D cameras is also being driven by the expanding applications of 3D imaging in home automation, virtual reality, robotics, and video surveillance. Major reasons boosting the demand for 3D cameras include the rising popularity of 3D TVs and the comparatively simple integration of 3D cameras into smartphones. Many amateur photographers are starting to switch from huge, pricey SLR cameras to mobile phones since it's more convenient to carry a smartphone with a high-tech camera. The key driver of the global market for 3D cameras is the growing popularity of 3D media. The captivating quality of 3D photography is getting more and more financially beneficial in the contemporary industry, and numerous publications are attempting to increase their user reach by utilizing 3D photography. This could significantly increase the need for 3D cameras in the upcoming years.

US 3D Camera Market is poised to grow at a sustainable CAGR for the next forecast year.

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3D Camera Market size was valued at USD 13.9 billion in 2019 and is poised to grow from USD 18.08 billion in 2023 to USD 148.06 billion by 2031, growing at a CAGR of 30.06% in the forecast period (2024-2031).

Numerous industry participants compete in the fiercely competitive 3D camera market. In the past and the near future, there have been several advancements that have contributed to the expansion of the market as a whole. For instance, in February 2019, the Sony Corporation, one of the leading camera manufacturers, announced the development of Depth Sense 3D Camera Tech, demonstrating how these cameras will support and enhance augmented reality. Future cellphones are also anticipated to utilize them thus driving the market. 'Sony Corporation', 'Canon Inc.', 'Panasonic Corporation', 'Nikon Corporation', 'Samsung Electronics Co. Ltd.', 'Fujifilm Holdings Corporation', 'GoPro, Inc.', 'LG Electronics Inc.', 'Intel Corporation', 'Occipital, Inc.', 'FARO Technologies, Inc.', 'Matterport, Inc.', 'Autodesk, Inc.', 'Leica Geosystems AG', 'Creaform Inc.', '3D Systems Corporation', 'Nikon Metrology NV', 'Teledyne Technologies Incorporated', 'Trimble Inc.', 'Zivid AS'

It has been simpler for new participants to enter the 3D camera market as a result of a sharp rise in demand for HD movies, games, and videos. The entertainment sector's improved visual applications are the main drivers of the 3D camera market. The entertainment sector is expected to expand globally as a result of the incorporation of 3D technology in the camera. Hollywood's newest camera was a Weta Digital, with stunning future cityscapes provided by DNEG, Framestore, and MPC. The popularity of 3D cameras in the film industry has encouraged many filmmakers to try their hand at making 3D movies. As a result, there is now a viable market for 3D cameras.

The deployment of 3D cameras has expanded significantly over the past several years as a result of numerous technological and infrastructure advances. Additionally, it is anticipated that the growing use of 3D technology in conjunction with growth in the entertainment sector will accelerate market expansion.

Asia Pacific held the biggest market share due to several factors, including rising smartphone penetration, an expanding entertainment sector, rising disposable income, and low camera ownership, and is predicted to grow at the fastest CAGR of 39.3 % over the projection period. The region's smartphone and tablet market is anticipated to grow at a CAGR of 40.8 percent during the forecast period.

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Global 3d camera market

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