The Global 3D Imaging Market is expected to reach $21.34 billion by 2022, registering a CAGR of 24.7% during the forecast period. The report is helpful for market players, stakeholders, and investors to determine the current market scenario and steps to be taken for the future.Moreover, increase in demand for 3D displays & sensors for high-resolution visualization, growing awareness of 3D imaging, increased usage in smartphones and tablets, as well as surge in demand in industrial automation drive the market.
The research offers drivers, restraints, and opportunities of the global 3D imaging market. Increase in demand for 3D displays & sensors that offer high-resolution visualization, rise in usage of 3D imaging software in the automation industry, and implementation of new technologies in consumer electronic products drive the growth in the market. However, design and cost constraints of 3D imaging software restrain the market growth. On the other hand, emergence of 4D technology and increase in R&D activities create new opportunities in the market.
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The report offers an extensive analysis of key segments of the global 3D imaging market based on product type, image sensor, end use industry, application, and geography. Based on product type, the market is classified into 3D cameras, sonography, smartphones, and others. The sonography and smartphone segments together accounted for nearly two-fifths share of the total revenue in 2017. Based on image sensor, the market is bifurcated into charge-coupled device (CCD) and complementary metal-oxide semiconductor (CMOS). The CMOS segment is expected to grow at a CAGR of 26.52% from 2016 to 2022. The end use industries analyzed in the research include entertainment, architecture & engineering, healthcare, security & surveillance, industrial applications, and others.
The application areas analyzed in the report include 3D modeling, 3D scanning, layout & animation, 3D rendering, and image reconstruction. The Asia-Pacific market in 3D modelling would grow at a CAGR of 26.01% during the forecast period. North America witnessed a rapid growth in 2017, owing to technological advancements, ongoing R&D activities, and rapid industrialization. However, Asia-Pacific is expected to register a CAGR of 25.63% during the forecast period, owing to the large population base in the countries such as India and China that need advanced and sophisticated healthcare facilities.
The report offers an extensive analysis of industry players including Google Inc., Panasonic Corporation, Microsoft Corporation, Stemmer Imaging Ltd., Lockheed Martin Corporation, Konica Minolta, Inc., Infineon Technologies, GE Healthcare, Hewlett-Packard Corporation, and Zebra Imaging Inc. These players have adopted merger & acquisition, expansion, product launch, partnership, and joint venture as their business strategies to sustain competition and increase their market share.
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