Global 3D imaging market report published by Accurize Market Research forecast that the global market is expected to reach $26 billion by 2024; growing at a CAGR of 23.7% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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The upsurge in the adoption of technology in various industries such as security, media, and defense across the globe to drive the growth of the market
Introduction of 3D imaging technology into products like cameras, smartphone, gaming and among others coupled with modernization of technology fuel the demand for the global 3d imaging market. Moreover, the adoption of technology in various industries such as security, media, and defense also boost the growth of the market.
Market Segmentation
The global 3D imaging market has been bifurcated on the basis of product type, application, end-use industry, and geography. By product type, it is further segmented into 3D cameras (time of flight, stereo vision and structured light), sonography (sonars and ultrasound), smartphone and others. Image sensors are segmented into CMOS and CCD. Applications can be segmented into 3D scanning, 3D modeling, layout & animation, 3D rendering and image reconstruction. Furthermore, the end-use industry is segmented into entertainment, industrial applications, healthcare, architecture & engineering, security & surveillance, and others.
By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Canada, and Mexico are covered under North America wherein Europe covers the U.K., Italy, France, Germany and Rest of Europe. Asia-Pacific covers China, India, Japan, Oceania and Rest of Asia Pacific. Rest of the World (RoW) covers South America, the Middle East, and Africa.
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“3D camera and sonography accounted for 44% and 23% respectively, in 2017 in the product type segment", says Accurize
Byproduct type,3D camera, and sonography accounted for 44% and 23% respectively, in 2017. In the application segment, 3D scanning holds the highest share with 34% followed by layout and animation with 21%, in the year of 2017.
“North America dominated the global market with the highest market share over the forecast period", says Accurize
In 2017, North America accounted for the largest share of the market with 37% followed by Europe with 32%. The Asia Pacific is the fastest-growing region in the global 3D imaging market and is expected to continue this trend due to increasing awareness regarding the various disease and improved healthcare infrastructure.
Top players in the market
The key market players include Microsoft Corporation, Google Inc., Toshiba America Medical Systems Inc., GE Healthcare Company, North Grumman Corporation, Siemens Healthcare, Stemmer Imaging Ltd., Apple Inc., Sony Corporation, Konica Minolta, Inc., TomTec Imaging Systems GmbH, Lockheed Martin Corporation, and Frontop Digital Technology Co. among others.