Elettronica
Professional 3D Camera Market to Reach $73.53 Bn, Globally, by 2030 at 31.7% CAGR: Allied Market Research
Increased application of professional 3D cameras in the media & entertainment industry to record 3D content drives the growth of the global professional 3D camera market. On the other hand, higher prices as compared to their 2D counterparts impede the growth to some extent. However, emergence of virtual reality products is expected to create lucrative opportunities in the industry.
On the basis of type, the target camera segment accounted for the highest market share in 2020, generating nearly three-fifths of the global professional 3D camera market. The same segment is also anticipated to cite the fastest CAGR of 33.1% from 2021 to 2030. This is because several market players have started working on improving their product line of target cameras owing to the key benefits of this technology.
On the basis of technology, the stereo vision segment generated the highest share in 2020, holding more than three-fifths of the global professional 3D camera market. Due to its lower cost, it has proven to be highly effective in generating the 3D prints of objects. Furthermore, the technology is also efficacious in recording dual images for 3D movies. This is due to the fact that the time of flight technology is useful in a number of industry verticals. The time of flight segment, however, is expected to cite the of 34.3% from 2021 to 2030. In automobile applications, the technology is useful for autonomous driving with increased safety through real-time alerts on respective driving conditions. In industrial applications, on the other hand, time-of-flight sensors act as active human machine interfaces to ensure safety in automated processes.
On the basis of region, North America contributed to the major market share in terms of revenue 2020, holding nearly two-fifths of the global professional 3D camera market. Usage of 3D cameras across multiple industries in activity monitoring, recording 3D movies, and photography & gaming purposes drives the market growth. Asia-Pacific , on the other hand, is projected to cite the fastest CAGR of 35.3% from 2021 to 2030. This is because the presence of numerous leading companies in countries such as Japan , Malaysia , and Taiwan are offering huge variety of professional 3D cameras in the Asian market.
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