Global 3D Camera Market By Technology (Stereo Vision, Time of Flight, and Structured Light), By Application (Professional Camera, Smartphone and Tablets, Computer, and Others Applications), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

3D Cameras Market Overview:

The global market for 3D cameras was indexed at USD 4,808.4 million in 2021 and is forecast to grow at a CAGR of 31.2% between 2023-2032.

This is due to the entertainment industry’s increased adoption of 3D cameras and innovations in 3D technology. This will be driven by the projected increase in demand for 3D content within the entertainment and related equipment.

Global 3D Camera Market Scope:

Technology Analysis

Stereo vision will continue to lead the 3D camera market during the forecast period. Over the forecast period, this segment will grow at a CAGR of 35.7%. These cameras have an adjustable range that makes them more useful for 3D movies and photography as well as range imaging and stereo viewing. This technology allows cameras to be designed efficiently and purchased at a low price.

Because of the widespread application of the technology in smartphones and drones, healthcare, industrial, automotive, and many other industries, the CAGR rate for the time of flight will be the fastest over the forecasted period. This technology is used in most sectors and automotive to provide safety and security by recognizing gestures and moments and alerting with real-time updates. It is resistant to ambient light and uses a single perspective to calculate depth. This technology makes it resilient to shadows and occlusions and maintains sharp depth edges.

Application Analysis

Over the forecast period, smartphones and tablets are expected to grow at 37.7% CAGR. This is expected to be driven by increasing demand for high-quality cameras with new technologies that detect movement and enhance picture quality. High performance, HD clarity, and real-time sensing are gaining popularity among young consumers. Google launched Tango, a project to make smartphones with 3D cameras more accessible. Tango includes several features, such as 3D scanning and modeling, depth sensing, and depth sensing.

Over the forecasted period, professional cameras will remain dominant. Due to increasing demand, 3D professional cameras will be more popular to shoot live-action films. Films can be hit with stereoscopic cameras. Professional 3D cameras can be used to shoot movies, saving time and production costs.

Key Market Segments:

By Technology

• Stereo Vision
• Time of Flight
• Structured Light

By Application

• Professional Camera
• Smartphone and Tablets
• Computer
• Others Applications

Market Dynamics:

Market growth is expected to be driven by a growing demand for 3D scanning. 3D cameras are increasingly in demand because of the rising use in home automation and in the virtual reality of 3D imaging. Because of its ease of use and accuracy, 3D scanning has become more popular. Global adoption of a 3D camera is expected to rise due to increased industrial, military, and home security surveillance.

The rising demand for 3D content is driven by the growing penetration of 3D-enabled devices, such as tablets, smartphones, and TVs. Professional cameras are needed to capture 3D content. This is evident from the increased popularity of 3D movies. Apple, Google, and Microsoft have invested millions of dollars in hardware that can identify distance and depth. In technologies like robotics, augmented reality (AR), and automated cars, accurate depth, and distance recognition are essential. This expands the application of 3D cameras.

Despite its wide use across many industries, the market growth will be slowed by the high price of traditional 2D and 2D digital cameras. To make the technology more affordable and feasible, companies invest in R&D. Lucid VR Inc., located in California, U.S.A, launched LucidCam–a 3D stereoscopic camera that can capture depth using a 180o wide-angle lens. It is similar to the distance between two human eyes. A lack of knowledge and difficulty in understanding the mechanism can also hinder the market growth.

Regional Analysis:

The Asia Pacific had the largest market share in 2021. It is expected to account for the highest market share of 35.6% over the forecast period. This could be due to several factors, including increased penetration of smartphones, the enhancing entertainment industry, and increasing disposable income. Over the forecast period, the smartphone and tablet market in the Asia Pacific is expected to grow at a CAGR of 40.8%.

Due to the increasing adoption of military-related products, North America is expected to see a significant increase in sales of the target product. Due to the growing popularity and size of the film industry in this region, professional cameras are widely used.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

Canon, Fujifilm, and Nikon are major market players. Smartphone manufacturers are increasingly embracing 3D technology, and consumers are more inclined to use it. Huawei Technologies Co will unveil a new phone in 2019 with a 3D image-capturing technology.

Market Key Players:

• Fujifilm
• Nikon
• Hewlett-Packard
• Canon Inc.
• Panasonic Holdings Corporation
• Faro Technologies
• Intel Corporation
• Huawei Technologies
• GoPro, Inc.
• Other Key Players

For the 3D Camera Market research study, the following years have been considered to estimate the market size: