Huge Demand for 3D Camera
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3D camera captures three-dimensional images, accentuating the overall quality of visuals. Nowadays, the adoption of 3D camera is increasing among world populace owing to rising demand generated by the photographers. Growing demand of 3D content from entertainment industry and enhancement in 3D scanning technology are some important factors driving the market growth. Key camera manufacturers are developing innovative cameras, most of them imbibing the emerging 3D technology. However, high price and lack of awareness are the major challenges for the market growth. Increased adoption of home automation and virtual reality applications would provide lucrative growth opportunities to the 3D camera market. In addition, increasing automated operations in industries would provide notable growth opportunities in the 3D camera market.
The market for 3D cameras is segmented on the basis of type, technology, application and geography. Based on the type, the 3D camera market is segmented into target camera and target-free camera. Target-free camera dominates the overall 3D camera market owing to its increasing adoption in applications such as smartphones and tablets.
Based on technology, the market is segmented into time of flight, stereo vision and structured light. Stereo vision is the largest revenue-generating technology segment in 3D camera market, as it is extensively used by camera manufacturers owing to its simplicity in implementation as compared to other technologies.
The application segment consists of professional cameras, smartphone, tablets, computers and others. Professional cameras would be the largest revenue contributor, throughout the analysis period owing to its capabilities in recording real life scenarios in the media, entertainment and gaming business. The market is segmented into North America, Europe, Asia-Pacific and LAMEA. Asia-Pacific would be the most lucrative market for 3D camera throughout the analysis period.
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