NEW YORK, Jan. 24, 2018 (GLOBE NEWSWIRE) -- Global 3D imaging market is expected to grow significantly from USD 5.6 Billion in 2016, to USD 30.3 Billion in 2023, at a CAGR of 27.7% from 2017 to 2023. The factors driving the growth for the 3D imaging market are increasing demand of high resolution visualization and emerging 3D depth feature of an image. Growing sophisticated health care technologies such as ultrasound, magnetic resonance, 3D scanning in animation and stabilization further augment the growth of global 3D imaging market. Moreover, increasing use of video games, theatrical films and entertainment industry further propels the 3D imaging market growth. However, high cost of 3D imaging machines and software’s may hamper the growth of the 3D imaging market.
3D imaging technology finds its application in industrial automation, entertainment, architecture and medical sector. The compact size and low power consumption improves the utility of 3D imaging progressively. 3D imaging technology reduces a large risk of complications with less operating time in medical sector by minimizing damage to health tissues. 3D camera generates separate background and active intensity images. Fully 3D imaging provides increased isotropic resolution, sensitivity, improved image quality and faster scans times. Photonics and lasers are majorly becoming a critical part of process as it improves quality and throughput.
The global 3D imaging market is segmented by product type, image sensors, application, end-user, and geography. Based on product type, the market is divided into 3D cameras, sonography, smart-phones, and others. Moreover, 3D cameras are further segmented into time of flight, stereo vision, and structured light, while the sonography segment is further subdivided into SONAR and ultrasound. Based on image sensor, the 3D imaging market is bifurcated into charge-coupled device (CCD) and complementary metal-oxide semiconductor (CMOS). 3D imaging sensors integrate amplification directly in the pixel and while maintaining optical performance, it decreases pixel size.
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The key players indulged in the global 3D imaging market include Google Inc., Microsoft Corporation, Lockheed Martin Corporation, Infineon Technologies, Stemmer Imaging Ltd., Konica Minolta, Inc., Hewlett-Packard Corporation, GE Healthcare, and Zebra Imaging Inc., among others
Key Findings of the Global 3D Imaging market report:
• The 3D Imaging market is expected to reach USD 30.3 billion by 2023 at CAGR of 27.7%
• Based on product types:
- The 3D cameras segment was the largest segment in the global 3D Imaging market in 2016
- In 3D cameras segment, the time-of-flight is expected to hold the major market share during the forecast period
• Increasing demand for high-resolution visualization & emerging 3D depth feature of an image feature increases its application in various sectors such as healthcare, gaming, animation and entertainment
• In healthcare sector, the 3D Imaging technologies or techniques are used in 3D imaging of organs while operating or treating the affected body part
• Asia-Pacific region is expected to be the fastest growing market in the global 3D Imaging market owing to growing demand for 3D Imaging technology in various sectors such as healthcare, gaming, smartphones, animation and entertainment
• North America is accounted to hold the major share of the global 3D imaging market, owing to availability of advanced technology
Global 3D imaging market– enhancing visual aspects of the image through 3D image processing
3D imaging technology finds its application in industrial automation, entertainment, architecture and medical sector. The compact size and low power consumption improve the utility of 3D imaging progressively. 3D imaging technology reduces a large risk of complications with less operating time in medical sector by minimizing damage to health issues. The 3D camera generates separate background and active intensity images. Fully 3D imaging provides increased isotropic resolution, sensitivity, improved image quality and faster scans times. Photonics and lasers are majorly becoming a critical part of the process as it improves quality and throughput.
Global 3D imaging market - Regional Insight
Geographically, the global 3D imaging market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). Asia-Pacific is expected to be the fastest growing markets in 3D imaging due to increasing demand for advanced healthcare treatments primarily in countries with a high population such as China, and India. North America is accounted to hold the major share of the global 3D imaging market, owing to the availability of advanced technology. Middle East and Africa is expected to register significant CAGR over the forecast period, as the growth in the region is attributed to the presence of many organizations that are steadily enabling the embracement of advanced technologies.
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