0

Plenoptic Camera Market Expected to Reach $5.87 Billion By 2030

 
2022
Plenoptic Camera Market

Report Code : A14947

quote the global plenoptic camera market share and plenoptic camera market size is expected to witness considerable growth, owing to increase in demand for consumer electronics and increase in adoption of smart technologies globally. quote

Divyanshi Tiwari
Lead Analyst, Semiconductor and Electronics

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled, “Plenoptic Camera Market by Product type and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,”. The global plenoptic camera market was valued at $1.08 billion in 2020, and is projected to reach $5.87 billion by 2030, growing at a CAGR of 18.5% from 2021 to 2030.

Because there is less need to focus the lens before taking a picture, a plenoptic camera can capture images more quickly than conventional point-and-shoot digital cameras. In the last few years, the number of travelers around the world has increased tremendously which gives an opportunity to the companies who are associated with this industry. High trends towards adventure sports for high focus images are inviting many people which is creating demand for plenoptic cameras. However, high initial investments and unstable demand are some of the factors that hamper the industry.

By product type, the plenoptic camera market is fragmented into Standard Plenoptic Camera, Focused Plenoptic Camera and Coded Aperture Camera. The coded aperture camera segment was the highest contributor to the market, with $418.8 million in 2020, and is estimated to reach $1,709.3 million by 2030, at a CAGR of 15.2% during the forecast period.

By application, the plenoptic camera market is divided into Individual, Enterprise and Industrial. The industrial segment was the highest contributor to the market, with $493.9 million in 2020, and is estimated to reach $2,123.8 million by 2030, at a CAGR of 15.9% during the forecast period. However, the focused plenoptic camera segment is expected to witness the fastest growth at a CAGR of 21.3% during the forecast period.

By region, the plenoptic camera market outlook is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The North America plenoptic camera market share was valued at $388.2 million in 2020, and is projected to reach $1,709.9 million by 2030, registering a CAGR of 16.1%. U.S. was the highest revenue contributor with $310.0 million in 2020, and is estimated to reach $1,318.5 Million by 2030, registering a CAGR of 15.7%.

COVID-19 Impact Analysis

COVID-19 has caused the overall semiconductor industry to mobilize quickly and make short-term decisions with long-term implications. Semiconductor companies operate in a complex ecosystem, working across the value chain with numerous raw materials, assembly, test, package, and equipment suppliers & partnersacross the globe.

Demand from the IT & telecommunication segment is expected to increase, owing to factors such as rise in broadband usage, higher demand for cloud services, and video streaming. In addition, in the medium to long term, COVID-19 is expected to further push the need for digital transformation and technologies, such as 5G, IoT, AI, and intelligent edge computing for future optimization.

Some of the plenoptic camera manufacturers have witnessed temporary delays in production, increased costs, and revenue lossesdue to the pandemic.

The manufacturing sector witnessed severe loss, and thus no new orders have been placed during the pandemic. In addition, this impact is estimated to continue till 2021. Moreover, international consumer electronics and plenoptic camera market trends are in a very weak state, owing to lockdowns imposed to tackle the pandemic. Although the markets in the U.S. and Europe witnessed mild recovery in the second half of 2020, they are still significantly down on pre-crisis levels. Therefore, the plenoptic camera market growth is facing major obstacles from the emergence of COVID-19 pandemic.

The pandemic is impacting production process of several industries, including semiconductor and electronics. Trade barriers are further constraining the demand and supply outlook. The overall production process is adversely affected as governments of different countries have already announced total lockdown and temporary shutdown of industries.

Key Findings Of The Study

  • The coded aperture camera segment is expected to generate the highest revenue during the forecast period.
  • The industrial segment is expected to register the highest revenue during the forecast period.
  • North America is expected to register the highest revenue during the forecast period.

The key players profiled in the report include Canon Inc, Apple Inc., Sony Corporation, Panasonic Corporation, Samsung Electronics, Raytrix GmbH, OTOY Inc., Pelican Imaging Corp., Rebellion Photonics Inc. and Lytro, Inc. These key players have adopted several strategies, such as new product launch & development, acquisition, partnership &collaboration, and business expansion, to increase their footprint in the plenoptic camera industry during the forecast period

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Plenoptic Camera Market By Product Type (Standard Plenoptic Camera, Focused Plenoptic Camera, and Coded Aperture Camera) and Application (Individual, Enterprise, and Industrial): Global Opportunity Analysis and Industry Forecast, 2020–2030 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Mar 2024

Hairbrush Market

Download Sample
rep-img

Published Date Mar 2024

Debt Security Market

Download Sample
rep-img

Published Date Mar 2024

Wood Adhesives Market

Download Sample

Buy Full Version
"Plenoptic Camera Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers