Global 3D Technology Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Forecast To 2029

                                          
Global 3D Technology Market 2021: By Product (3D Printing, 3D Glasses, 3D Display Technology, 3D Imaging Software, 3D Camera), By Application (Healthcare, 3D Printing Industry, Entertainment, Automobile and Industrial, Government and Defense, Architecture, Others (Forensic & E-education)

Global 3D Technology Market is the title of an upcoming report that is in the process of study and analysis at Trusted Business Insights. In the report, various aspects and scenarios are considered along with current and future scenarios.   The report offers various aspects of the global 3d technology market such as industry insights, changing market dynamics in the industry, ongoing industry trends, in-depth market segmentation, competitive landscape, recent developments, and a neutral perspective towards market performance. In addition, the report includes insights into historical, current, and projected market size in terms of strategies of key players and product offerings, volume and value, future strategies along with market footprint, value chain trends, and key technological innovations. The global 3D technology market is segmented on the basis of product, application, and region.

The Global 3D Technology market size was valued at USD $164 Billion in 2020, USD $180.4 Billion in 2021, forecasted to reach  USD $198.44 Billion in 2022, and is projected to reach USD $425.37 Billion by 2030, and is anticipated to expand at a CAGR of 10% over the forecast period from 2020 to 2030.

Product Overview

3D technology offers a cost-effective and affordable three-dimensional experience of an object. The devices and applications with efficient 3D technology is widely preferred over other devices that exist in the market with traditional 2D technology. Demand for various 3D technology-based products has been increasing in various sectors such as healthcare, entertainment, automobile, aerospace, government and defense, and industrial segments. 3D technology is capable of creating precise and highly accurate images of any object. Among 3D technologies, 3D scanning technology is widely used in application areas such as manufacturing, healthcare, and higher security-sensitive areas such as airports. 3D information provides an in-depth analysis of images. 360-degree evaluation of any image is possible with the assistance of 3D technology. Global 3D technology market is witnessing considerable traction related to value and is expected to continue over the 10-year period. This traction can be attributed to an increase in demand and adoption of 3D technology, especially from the healthcare industry vertical. Due to all these market driving factors, significant growth in the global 3D technology market is expected during the forecast period.

Market Dynamics

Increasing demand for 3D technology from various sectors, ongoing technological advancements, and increasing adoption of digital technologies in the healthcare sector are among some major factors driving growth of the global 3D technology market currently. Owing to significant growth in the usage of 3D technology in sectors such as media & entertainment, healthcare & medical, and aerospace & defense, demand for advanced 3D technology is projected to increase globally. Increasing usage and easy availability of the technology with features such as high accuracy is also expected to drive demand for 3D technology in the global technology market over the forecast period. In addition, digitalization in various sectors and a substantial increase in the adoption of 3D scanning in the healthcare sector are other factors expected to drive demand for the product to a significant extent over the forecast period. Owing to high accuracy of images captured using 3D technology available, the popularity of 3D technology has been increasing significantly. This is another factor expected to drive demand for 3D technology for applications in sectors such as healthcare, media & entertainment, and aerospace & defense.  However, the high cost of 3D technology is projected to be among some of the major factors to limit adoption due to affordability challenges among consumers in some developing countries. In addition, some factors such as lack of availability of 3D technology content and raw materials are expected to limit driving demand for 3D technology in the global 3D technology market.

Global 3D Technology Market Analysis:

Technology Type: Among the product segments, the 3D printing segment accounts for highest revenue share currently, and is expected to continue its dominance over the forecast period. This is attributed to increasing demand and application in healthcare and media & entertainment industries. This significant growth is also attributed to various recent advancements in 3D technologies, and increasing applications of 3D printing.

Application: Among the application segments, the healthcare segment accounts for highest revenue share currently, and is expected to continue to do so during the forecast period.  This high revenue share is attributed to the high accuracy of images captured using 3D technology such as in 3D scanning due to technology advancements.

Global 3D Technology Market Regional Analysis:

Among the regions, the North America 3D technology market accounts for dominant revenue share in the global market and this is expected to continue during the next five years. This dominance is attributed to the high adoption of 3D technology in various application sectors in countries in the region.

Below are the leading companies profiled in this 3D Technology Market Report:

  
3D Hubs (Netherland)
  
Adobe Systems
  
American Paper Optics, INC
  
Arcam Group
  
Autodesk, Inc
  
Barco N.V.
  
Canon Inc
  
Cognex Corporation
  
Dassault Systems
  
Dolby Laboratories Inc.
  
EnvisionTEC
  
ExOne Company
  
Faro Technologies, Inc. (U.S.)
  
Google
  
GoPro
  
HannStar Display Corporation
  
Hexagon AB (Sweden)
  
HP Development Company, L.P. (U.S)
  
LG Electronics
  
Microsoft
  
Nikon Corporation
  
Optomec
  
Oracle
  
Panasonic Corporation (Japan)
  
Qualisys AB
  
Renishaw
  
Samsung Electronics Co. Ltd.
  
Sharp Corporation
  
Side Effects Software, Inc
  
SLM Solutions
  
Sony Corporation (Japan)
  
Stratasys Ltd.
  
TomTec Imaging Systems GmbH
  
Vicon Motion Systems Ltd.
  
Voxel8, Inc. (U.S)
  
WASP 3D (Italy)

Global 3D Technology Market Segmentation:

By Product

  
3D Printing
  
3D Glasses
  
3D Display Technology
  
3D Imaging Software
  
3D Camera

By Application

  
Healthcare
  
3D Printing Industry
  
Entertainment
  
Automobile and Industrial
  
Government and Defense
  
Architecture
  
Others (Forensic & E-education)
This research comprehensively answers the following 9 important questions:

  
Q.1. What are some of the most promising growth trends in the 3D Technology market worldwide?
  
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in 3D Technology market?
  
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this 3D Technology market?
  
Q.6.What are the emerging trends post COVID-19 reshuffle in this 3D Technology market and the what are reasons behind these trends and do they translate in global exploration?
  
Q.7. Who are the major global and regional players in the 3D Technology market? Which are the strategic initiatives key players are pursuing for business growth?
  
Q.8.Which are the competing products in 3D Technology market and how big of a threat do they pose for loss of market share by material or product substitution?
  
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the 3D Technology industry?