Increasing Installation of 3D Cameras in Construction and Manufacturing Sectors Driving 3D Camera Market Growth

 A number of factors such as the rising deployment of 3D cameras in the media & entertainment sector and the surging use of these cameras in construction and manufacturing applications across the world are expected to drive the 3D camera market at a robust CAGR of 50.2% in the foreseeable period (2016–2022). According to P&S Intelligence, the market generated revenue of $1,322.0 million in 2015, and it is expected to reach $19,893.0 million by 2022. 

Moreover, the 3D camera market is observing the arrival of new players that are concentrating on the production of 3D cameras for the installation in home automation products and virtual reality (VR) systems. Some of the major players operating in the market include Sony Corporation, Nikon Corporation, Canon Inc., Go Pro Inc., Samsung Electronics Co. Ltd., Panasonic Corporation, Faro Technologies Inc., LG Electronics Inc., Fujifilm Holdings Corporation, and Eastman Kodak Company.

Browse detailed report - 3D Camera Market Analysis and Demand Forecast Report

The type segment of the 3D camera market is bifurcated into free camera and target camera. Of these, the free camera category accounted for a larger share in 2015 in the market, and it is also projected to witness huge growth during the forecast period. This can be attributed to the increasing deployment of 3D cameras in computers, laptops, smartphones, and tablets, due to the less complexity in the design of these cameras.

Furthermore, based on technology, the 3D camera market is categorized into stereo vision, time of flight, and structured light imaging. Out of these, the stereo vision category held the largest market share in 2015. This is attributed to the high adoption of stereo vision technology by camera manufacturers, owing to its easier operation in 3D cameras, in comparison to other technologies. On the other hand, the demand for time-of-flight technology is expected to witness the fastest growth during the forecast period.


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