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3D Camera Market - By Type (Laser Triangulation/3D Profiling, Time-Of-Flight, Stereo Vision, Structured Light), By End Use (Healthcare, Industrial, Consumer electronics, Aerospace & defense, Automotive), Forecast 2023 – 2032

  • Report ID: GMI6036
  • Published Date: Jun 2023
  • Report Format: PDF

3D Camera Market Size

3D Camera Market size was valued at USD 3.9 billion in 2022 and is anticipated to grow at a CAGR of over 21.5% between 2023 and 2032 owing to the expanding industrial and manufacturing sectors. Technological advancements are one of the most important factors driving the industry expansion. Manufacturers are constantly improving their camera technologies including sensor resolution, image stabilization, autofocus capabilities, low-light performance, and video recording capabilities. These advancements fuel business growth by attracting customers to seek better graphics and improved features.
 

3D Camera Market

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A 3D camera, also known as a stereo camera, is a device that can capture and create three-dimensional images or videos. Unlike traditional cameras, which capture two-dimensional representations of the scene.

 

Changing consumer preferences and behaviors have impacted the camera market. Many consumers now value convenience, portability, and ease of use over traditional cameras. The rising influence of social media has led to the need for photography and videography, which is also fulfilled by smartphone cameras. People can use filters and photo editing apps on a smartphone camera to capture & edit images as they desire, eliminating the need for separate cameras and software.
 

COVID-19 Impact

The COVID-19 pandemic had a significant impact on the camera market. Travel restrictions, social distancing measures, and economic uncertainties led to a decline in travel & tourism, events, and other photography-related activities. This affected the demand for cameras, especially among professional photographers and enthusiasts. Additionally, supply chain disruptions and manufacturing challenges resulting from the pandemic led to delays and shortages, further impacting the 3D camera market growth.
 

3D Camera Market Trends

One prominent trend in this market is the integration of 3D cameras in smartphones. Manufacturers incorporate depth cameras or Time-of-Flight (ToF) sensors in smartphones for their 3D imaging capabilities. These cameras provide depth information, enabling enhanced photography such as portrait mode, Augmented Reality (AR) applications, and facial recognition. The integration of 3D cameras into smartphones has made 3D technology accessible to many consumer groups and contributed to the development of augmented reality applications.
 

Smartphones can transfer virtual objects to the real world by capturing deep data, thus providing a wide variety of AR experiences such as interactive games, virtual equipment testing, interior design, and educational applications. Some smartphones with 3D cameras are capable of 3D scanning, allowing users to create digital models of objects or even the entire environment. This is useful in applications such as 3D printing, architectural visualization, and virtual content creation. In addition, the true depth of a 3D camera enables accurate measurements of objects, simplifying tasks such as measuring dimensions, room maps, and object identification.
 

3D Camera Market Analysis

Global 3D Camera Market Size, By Technology, 2021-2032, (USD Billion)

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Based on technology, the 3D camera market is segmented into laser triangulation/3D profiling, Time-of-Flight (ToF), stereo vision, and structured light. The stereo vision segment held a market share of around 41.5% in 2022 and is expected to grow at a lucrative pace by 2032. There is a growing demand for immersive experiences across various industries including entertainment, gaming, Virtual Reality (VR), and Augmented Reality (AR). Stereo vision technology plays a vital role in creating realistic & immersive visual experiences by capturing and reproducing depth information.
 

The ability to perceive depth enhances the sense of presence and realism, resulting in more engaging & captivating experiences. Continuous advancements in technology have improved the performance and capabilities of stereo vision. High-resolution images, improved optics, and image processing techniques provide clearer & more detailed information in depth. These advanced features allow better 3D reconstruction, depth mapping, and object recognition, enabling the adoption of machine vision in various applications.
 

Global 3D Camera Market Share, By End-Use, 2022

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Based on end use, the 3D camera market is divided into healthcare, industrial, consumer electronics, automotive, aerospace & defense and others. The automotive segment held a dominant market share in 2022 and is anticipated to register a CAGR of 23.5% through 2032. The automotive industry is rapidly adopting ADAS technologies to improve vehicle safety and assist drivers. 3D cameras play a crucial role in enabling features like lane departure warning, collision avoidance, pedestrian detection, and adaptive cruise control. The demand for these safety features is driving the growth of 3D cameras in the automotive sector.
 

China 3D Camera Market Size, 2021-2032, (USD Million)

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Asia Pacific is the dominant region in the global 3D camera market with a share of over 37.5% in 2022. Healthcare spending in Asia Pacific is rising steadily, which is driven by factors such as population growth, urbanization, and rising incomes. As countries in the region invest more in healthcare & its services, there is a growing need for medical technology including 3D camera technology to improve diagnostic capabilities, surgical procedures, and patient care. Many countries in the region including Thailand, Singapore, and Malaysia have become popular medical tourism destinations. Medical tourists seek quality healthcare at competitive prices including advanced surgical procedures.
 

The adoption of 3D camera technology in hospitals in these countries attracts medical tourists who value advanced medical technology, thus increasing business potential in the region. With the growing awareness and demand for healthcare solutions in Asia Pacific, doctors and patients are seeking technologies that can improve diagnosis, treatment, and patient outcomes. The integration of 3D camera technology into surgery, medical imaging, and telemedicine meets this demand, thereby leading to business growth.
 

3D Camera Market Share

Some of the major players operating in the 3D camera market are

  • Canon Inc.
  • FARO Technologies, Inc.
  • Fujifilm Holdings Corporation
  • GeoSLAM
  • Giraffe360
  • GoPro, Inc.
  • Insta360
  • Intel Corporation
  • Leica Geosystems AG
  • Matterport, Inc.
  • Nikon Corporation
  • Orbbec 3D Technology International
  • Panasonic Corporation
  • Ricoh Co., Ltd., Ltd.
  • Sony Corporation

These players focus on strategic partnerships and new model launches & commercialization for market expansion. Furthermore, they are heavily investing in research to introduce innovative services and garner maximum revenue in the market.
 

3D Camera Industry News:

  • In January 2023, 3D camera manufacturer, Orbbec launched its latest product, the Femto Mega, at CES 2023. Femto Mega was built in partnership with Microsoft. Its depth camera uses Microsoft’s Time-of-Flight (ToF) technology for precise scene understanding over a wide 120-degrees field of view and a broad range from 0.25m to 5.5m. The one-megapixel depth camera is complemented by a high-performance 4K resolution RGB camera with 90° FOV.
     

The 3D camera market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

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By Type

  • Laser triangulation/3D profiling
  • Time-of-Flight
  • Stereo vision
  • Structured light

By End Use

  • Healthcare
  • Industrial
  • Consumer electronics
  • Aerospace & defense
  • Automotive
  • Others 

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • ANZ
    • Singapore 
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for 3D camera was valued at over USD 3.9 billion in 2022 and will grow at a CAGR of over 21.5% between 2023 and 2032, owing to the expanding industrial and manufacturing sectors, along with technological advancements in the product.
The stereo vision segment held a market share of around 41.5% in 2022 and will grow at a lucrative pace through 2032, backed by the growing demand for immersive experiences across various industries including entertainment, gaming, Virtual Reality (VR), and Augmented Reality (AR).
Asia Pacific market for 3D camera held over 37.5% revenue share in 2022 and will continue growing through 2032. As countries in the region invest more in healthcare, there is a growing need for medical technology including 3D camera technology to improve diagnostic capabilities, surgical procedures, and patient care.
Canon Inc., FARO Technologies, Inc., Fujifilm Holdings Corporation, GeoSLAM, Giraffe360, GoPro, Inc., Insta360, Intel Corporation, Leica Geosystems AG, Matterport, Inc., and Nikon Corporation among others.

3D Camera Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 202
  • Countries covered: 18
  • Pages: 200
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