Global 3D Camera Market Size, Forecast, Industry Trends Report, 2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global 3D Camera Market


The global 3D Camera market size is projected to reach US$ 22.21 billion by 2026, from US$ 3.54 billion in 2020, at a CAGR of 35.8% during 2021-2026. The growth is attributed to increasing adoption of the product in entertainment industry coupled with advancements in 3D technology. Increasing demand for 3D content in entertainment segment and related equipment is projected to further drive the demand.

Growing scope of 3D imaging in home automation, virtual reality, robotics, and video surveillance is boosting the demand for 3D cameras. Also, demand for generating 3D models of the objects and surrounding has increased owing to the ease of usage and accuracy. Surging demand for 3D scanning is expected to boost the market growth over the forecast period. Growing application of surveillance in home security, military, and industrial sectors is projected to drive the adoption of 3D cameras across the globe.

Increasing demand for 3D content in gaming and entertainment industry coupled with increasing penetration of the 3D technology-enabled devices such as smartphones, tablets, and TVs. Rising popularity of 3D movies is directly driving the demand for professional cameras for shooting the content in 3D. Big tech companies such as Google, Microsoft, and Apple are investing millions of dollars to increase the efficiency of hardware to identify the depth and distance of objects. Accurate depth and distance recognition is essential in technologies such as augmented reality, robotics and automated cars, widening the scope of application for 3D cameras.

Despite the wide application across various industries, high price compared to the traditional 2D and digital cameras is expected to hinder the market growth. Also, lack of awareness and difficulty in understanding the mechanism among consumers can potentially act as a restraint to the growth. However, companies are investing in R&D to make the technology feasible and cost effective. For instance, Lucid VR Inc., based in California, U.S. launched LucidCama stereoscopic 3D camera enable with 180° wide-angle lens located similar to the average distance between human eyes to recreate depth.

Market Segmentation, Outlook & Viewpoint: Global 3D Camera Market

Technology Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Stereo Vision
  
Time of Flight
  
Structured Light

Application Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Professional Camera
  
Smartphone and Tablets
  
Computer
  
Others

Key Players, Recent Developments & Regional Insights: Global 3D Camera Market

Smartphone and tablet is expected to register the fastest CAGR of 37.7% over the forecast period. Increasing demand for advanced cameras enabled with emerging technologies that provide enhanced picture and video quality by sensing the movements is projected to drive the growth. Properties such as high performance, HD clarity, and real-time sensing is gaining traction among young consumers. For instance, Google initiated project Tango to enable smartphones with 3D cameras have several features such as 3D scanning, modeling, and depth sensing.

Professional camera is anticipated to maintain its dominance over the forecasted period. Increasing demand for 3D films is expected to boost the use of 3D professional cameras to shoot live-action films. Stereoscopic cameras are used for shooting films. Professional 3D cameras are preferred over expensive CGI to save both time and production cost.

Technology Insights

Stereo vision is anticipated to continue leading the 3D camera market over the forecast period. The segment is expected to expand at a CAGR of 35.7% over the forecasted period. This technology enabled cameras are easy to design and are available at low price. Also, they exhibit adjustable range making them more suitable for applications such as 3D movies and photography, range imaging, and stereo views.

Time of flight is estimated to register the fastest CAGR over the forecasted period owing to wide application of the technology in smartphones, drones, healthcare, industrial, automotive, and others. Resistance to ambient time and use of a single viewpoint to calculate depth makes the technology robust to occlusions and shadows and preservation of sharp depth edges. As a result, it is most preferred in automotive and industrial sectors to ensure safety by recognizing moments and gestures and alerting with real-time updates.

Regional Insights

Asia Pacific held the largest market share in 2018 and is expected to expand at the fastest CAGR of 39.3% over the forecast period, attributed to several factors such as increasing penetration of smartphones, enhancing entertainment industry, increasing disposable income, and low camera ownership. Smartphone and table segment in the region is expected to expand at a CAGR of 40.8% over the forecast period.

North America market is anticipated to witness growth owing to rising adoption of the product in military application. Wide adoption of professional cameras can be attributed to growing popularity of 3D movies and presence of huge film industry in the region.

3D Camera Market Share Insights

Major market players include Cannon; Fujifilm; Nikon; GoPro Inc.; Eastman Kodak Co; Panasonic Corporation; Sony Corporation; LG Electronics; Samsung Electronics Corp; and Faro Technologies Inc. Rising adoption of smartphones and consumers inclination toward 3D technology and cameras is attracting many smartphone manufacturers to enable smartphones with 3D cameras. Huawei Technologies Co is planning to unveil a new phone with a 3D image capturing technology in 2019.

Key Insights Covered: Global 3D Camera Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of 3D Camera industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of 3D Camera industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of 3D Camera industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of 3D Camera industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of 3D Camera industry.

Research Methodology: Global 3D Camera Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other