3D Camera Market Analysis Report By Technology, By Application And Segment Forecasts From 2019 To 2025

Industry Insights

The global 3D Camera market size was accounted for USD 1.92 Billion in 2018. The market is expected to witness a 35.8% CAGR, during the forecasted years, 2019 to 2025. This can be attributed to the rapid advances in 3D technology and the emergence of entertainment technology. Also, the rising influence of 3D content in movies among the millennial is expected to drive the market growth in the upcoming years.

Also, the scope for 3D technology across segments like virtual reality, home automation, video surveillance, and robotics is increasing continuously. Also, the demand for 3D models for the objects is increasing due to features like accuracy and easy usage. Moreover, the need for 3D scanning has paved the way for the 3D Camera market growth during the forecasted period, 2019 to 2025.

The usage of 3D technology in the entertainment and gaming industry is increasing rapidly. Also, the shifting trend towards the popularity of 3D movies has paved the way for 3D professional cameras. Also, tech giants like Apple, Microsoft, and Google are investing more to improve the hardware efficiency for capturing the distance and depth of the objects. Emerging technologies like automated cars, robotics, and augmented reality are anticipated to drive the market growth for such products in the upcoming years.

But, more pricing as compared to traditional 2D cameras is expected to act as a hindrance to market growth. Moreover, the complicated usage of these cameras coupled with the lack of awareness among the consumers is also expected to restrain the market growth. Thus, the manufacturers have started investing in R&Ds to make these products consumers friendly. For example, LucidCam was launched by Lucid VR Inc. which had a lens with a wide angle of 180°.

Application Insights

In 2018, the smartphones and tablets segment is anticipated to register the highest CAGR of 37.7% across the global market. This can be attributed to the rising demand for advanced features in cameras that provides excellent video quality and enhanced pictures. Also, features like HD clarity, sensing of real-time and high performance of these cameras are anticipated to drive the market growth for these products across the globe. For example, the Tango project implemented by Google-enabled 3D cameras across smartphones helped in developing salient features like depth sensing, modeling, and 3D scanning.

The segment of professional cameras is anticipated to show a significant growth rate in the upcoming years. This can be attributed to the increasing popularity of 3D movies among the millennial population. The cameras used for shooting movies are called stereoscopic cameras. The demand for these cameras especially in the entrainment industry is expected to drive the demand over the next few years due to low-cost prices and ease of availability.

Technology Insights

In 2018, the stereo vision technology segment is anticipated to hold the largest share in the global market. It is anticipated to register a 35.7% CAGR during the forecasted period, 2019 to 2025. This growth can be attributed to the availability at low prices and ease of designing these products. Moreover, the feature of adjusting the range of the image enables its usage for 3D movie making and photography.

The time of the flight segment of the technology is expected to register the highest growth rate during the forecasted period. This can be attributed to the rising usage of this technology in making drones, smartphones, industrial, automotive, and health care sectors. Also, the ambient time resistance coupled with the usage for calculating the depth is expected to drive the market growth for this technology. Thus, it is becoming popular across the industrial and automotive sectors to monitor gestures and moments thereby tracking the real-time data.

Regional Insights

In 2018, Asia Pacific held the largest share across the global market for 3D Cameras. Also, it is anticipated to register the highest CAGR of 39.3% during the forecasted years, 2019 to 2025. This growth can be attributed to the rising influence of smartphones among the millennial population across countries like China and India coupled with the rising disposable income among the working population. Also, other factors like rapid urbanization and the rising entertainment industry are anticipated to drive market growth in upcoming years.  

The North American region is anticipated to witness significant growth from 2019 to 2025. This growth can be attributed to the rising application of these 3D Cameras for military applications. Also, the increasing popularity of 3D movies among the millennial has paved the way for the rise in demand for professional cameras during the forecasted years, 2019 to 2025.

3D Camera Market Share Insights

The 3D Cameras market includes key players such as Fujifilm; Cannon; GoPro Inc.; Nikon; LG Electronics; Eastman Kodak Co; Faro Technologies Inc.; Sony Corporation and Panasonic Corporation. The increasing trend for the usage of smartphones and inclination towards usage of 3D technology in cameras is anticipated to drive the market growth. For instance, in 2019, Huawei Technologies Co. is willing to launch a phone that has 3D technology for image capturing. 

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Million Insights has segmented the global 3D Camera market report based on technology, application, and region:

• Technology Outlook (Revenue, USD Million, 2015 - 2025)
    • Stereo Vision
    • Time of Flight
    • Structured Light

• Application Outlook (Revenue, USD Million, 2015 - 2025)
    • Professional Camera
    • Smartphone and Tablets
    • Computer
    • Others

• Regional Outlook (Revenue, USD Million, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • U.K.
    • the Asia Pacific
        • China
        • Japan
        • India
    • Central & South America
        • Brazil
    • Middle East and Africa