Global 3D camera market is expected to grow at a profound CAGR of 41% by 2019, says Technavio

Renewable energy

 

This market analysis segments the global 3D camera market by application (professional camera, smartphones, tablets, and computer), by technology (stereo vision, time of flight, and structured light), and by geography (APAC, EMEA, and the Americas). Leading vendors in this market are Canon, Nikon, Panasonic, and Sony.

Technavio has released a new market research report on the global 3D camera market, which is expected to generate revenue worth US $7 billion between 2015 and 2019. Factors like gesture based screen operation and distance measurement capability are accelerating this market’s growth. The Americas account for around 40% of the total market share due to the extensive use of professional 3D cameras in Hollywood.

“Intel has recently launched its realsense 3D depth camera for Tablets, laptops and smartphones. The camera has 3 lenses including the 2D camera, infrared camera and the infrared laser projector. Recently, manufacturers like Asus, Dell, Lenovo and Acer have started incorporating the Intel’s inbuilt realsense camera in computers and laptops. These realsense 3D depth sensing cameras have found applications in 3D scanning and printouts and measuring distance between objects in pictures,” says Navin Rajendra, Lead Analyst, IT Hardware, Technavio Research.

The professional camera segment occupies more than 38% of the total market revenue. Increased demand for professional cameras are coming from the APAC region due to the high demand for 3D movies in China and South Korea. Moreover, the growing adoption of compact cameras by individual consumers for personalized photography is expected to result in this segment’s high revenue generation capacity during the forecast period.

Global 3D Camera Market 2014-2019 by Professional Camera

Source: Technavio Research

The leading vendors in the global 3D camera market are Canon, Nikon, Panasonic, and Sony. This market is highly competitive and is dominated by players who have established themselves in the consumer and professional electronics segment. 3D technology is attracting many vendors and there are lots of R &D investments and M&A being witnessed in the 3D camera market.

A more detailed analysis is available in the Technavio report, Global 3D Camera Market 2015-2019.

https://www.technavio.com/%3Cp%3E%3Cstrong%3EWe%20can%20customize%20this%…