3D Imaging Market

3D Imaging Market was valued at $4,631 million in 2015, and is expected to reach $21,341 million by 2022 with a CAGR of 24.7% during the forecast period. 3D imaging technology is used in 3D scanning, 3D rendering, 3D modeling, gesture recognition, and other applications. 3D technology has a wide range of applications in medical, defense, entertainment, security & surveillance, industrial automation, construction, architecture, media & entertainment, industrial automation, and others, where 3D medical imaging is one of the prominent application. Moreover, increase in demand for 3D displays & sensors for high-resolution visualization, growing awareness of 3D imaging, increased usage in smartphones and tablets, as well as surge in demand in industrial automation drive the market.

Various 3D imaging industries prefer this technology owing to its high-resolution visualization features. Moreover, rise in awareness among consumers has fueled the sale of consumer electronics, creating a positive effect on the global market. However, recent R&D and emergence of 4D technology are anticipated to increase the consumer base in the future.

Emerging economies, such as China and India, offer lucrative opportunities to market players due to large population base and the advent of new technological innovations in healthcare, entertainment, industrial automation, and consumer electronics. North America dominated the global market in 2015.

The global 3D imaging market is segmented by product type, image sensors, application, end use industry, and geography. Based on product type, the market is divided into 3D cameras, sonography, smartphones, and others; moreover, 3D cameras are sub-segmented into time of flight, stereo vision, and structured light, while the sonography segment is further subdivided into sonars and ultrasound. Based on image sensor, the market is classified into charge-coupled device (CCD) and complementary metal-oxide semiconductor (CMOS). The application areas of 3D imaging include 3D modeling, 3D scanning, layout & animation, 3D rendering, and image reconstruction. Based on end use industry, it is segmented into entertainment, healthcare, architecture & engineering, industrial applications, security & surveillance, and others. The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Top Investment Pockets

Due to increase in demand for better and sophisticated healthcare facilities for advanced resolution and visualization for accurate test diagnosis, 3D healthcare industry is anticipated to witness high adoption of 3D imaging and dominate the global market share by 2022. Moreover, the emergence of 4D technology and increase in demand for consumer electronics such as smart gadgets for fitness, are expected to fuel the growth of 3D imaging healthcare market. Likewise, the entertainment industry is expected to witness substantial adoption of 3D imaging technique due to advancement of technology and preference for high resolution visualized images and videos. The industrial automation and other emerging end user industries, such as architecture & engineering, security & surveillance have high growth potential and are lucrative investment opportunities for market players.