3D Camera Market Share Report, Size, Trends & Analysis 2030

3D Camera Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis By Technology (Time of Flight, Stereoscopic Imaging, Autostereoscopic Imaging, Structured Light Imaging); End-user (Consumer Electronics, Healthcare, Industrial, Aerospace and Defense, Construction, Automotive, Media & Entertainment), and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPTE100000773
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • No. of Pages : 150
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[Research Report] The 3D camera market is expected to grow from US$ 2.8 billion in 2022 to US$ 13.1 billion by 2030; it is estimated to grow at a CAGR of 20.9% from 2022 to 2030.

Analyst Perspective:

The 3D camera market is a niche within the broader digital camera market, catering specifically to consumers and professionals who require the ability to capture images with depth perception. 3D cameras use advanced imaging technology to capture and process depth information, enabling the creation of 3D models of objects. The market is growing due to the high product demand in virtual reality (VR), augmented reality (AR), and 3D printing. The increasing adoption of technologies, such as autonomous vehicles, drones, and robotics, drives the market growth. Furthermore, the extensive product usage in sectors such as home security, military operations, and industrial environments is anticipated to boost their global adoption.

These cameras are also commonly used in the film and television industries to capture immersive 3D video. The combined influence of these factors is expected to push the expansion of 3D cameras across a wide range of applications over the forecast timeframe. The 3D camera market is very competitive, with major industry companies, including Sony, Panasonic, Nikon, Canon, and Fujifilm present. Furthermore, growing startups and new entrants, notably in the fields of 3D scanning and computer vision, are increasing competition. In general, the market is expected to expand in the near future as a result of increased demand for advanced imaging technology and 3D content across a wide range of applications.

3D Camera Market Overview:

The growing demand for 3D content has become one of the 3D camera market's key drivers. Consumers are getting more interested in immersive experiences that create a sense of depth and realism as new technology emerges. As a result, demand for 3D content is increasing at an unprecedented rate, and this trend is projected to continue in the future years. The growing popularity of VR and AR technology is one of the key drivers of 3D content. These technologies enable viewers to engage in real-time with digital worlds, delivering a more immersive experience than standard 2D material. This has resulted in an increase in demand for 3D content that is compatible with VR and AR systems.

Furthermore, the entertainment industry has contributed to the expansion of the global 3D camera market. Many films and television shows are now produced in 3D, necessitating the use of specialized 3D cameras. As a result, studios and production organizations have increased their demand for 3D cameras significantly. Avatar, Avatar: The Way of Water, Gravity, and Jurassic World, for example, have been great economic hits, owing primarily to their unique use of 3D technology. Similarly, 3D technology has been used in television shows such as Game of Thrones and The Mandalorian to generate beautiful visual effects and immersive settings.

In industrial and manufacturing contexts, stereo vision cameras are frequently used for quality control and inspection activities, as well as in surveillance and security systems. They are also increasingly being used for gesture recognition and 3D scanning in consumer gadgets such as smartphones and gaming consoles. Following that, the images are processed using stereo vision or stereo triangulation, which entails comparing the two images and determining discrepancies in the position of objects in the scene. This enables the camera to generate a depth map or a 3D model of the world, which can be utilized for a variety of applications such as robotics, 3D modeling, virtual reality, and autonomous vehicles.

Robots, safety applications, medical technologies, bin picking, autonomous cars, agricultural robots, object tracking, 3D recording and production, and range sensing in mobile robotic navigation all use stereo vision cameras. Stereo Labs will launch ZED-X, the industry's first stereo camera designed for robotic process automation and navigation in difficult indoor and outdoor environments, in December 2022. Time-of-flight technology, on the other hand, is predicted to increase at the fastest rate in the 3D camera industry. These cameras can be used for a variety of purposes, including 3D scanning, object identification and recognition, and gesture recognition.

They are widely utilized in robotics, augmented reality, and virtual reality. ToF captures real-time depth information using infrared light, allowing for precise and rapid measurements. They are also relatively simple, requiring no complex calibration procedures. Leading ToF cameras have aided in the development of cameras with superior sensors for depth measurement and object recognition. The DepthVista Time of Flight camera was introduced by e-Con Systems in May 2022. It has depth and shutter sensors for sensing depth and identifying objects.

Strategic Insights

3D Camera Market Driver:

The increasing adoption of industrial robots is driving the 3D camera market growth.

3D cameras are increasingly being used in robots and drones. The use of 3D cameras in robots can improve the efficiency of manufacturing and performance and other industrial applications dramatically. Robots, for example, can be taught to do difficult jobs with better precision and accuracy by employing 3D cameras to record precise information about the surroundings. In industrial contexts, this can lead to enhanced efficiency, less waste, and improved safety.

According to the IFR (International Federation of Robotics), the 2022 World Robotics report revealed an all-time high of 517,385 new industrial robots installed in companies around the world in 2021. worldwide operating robot stock reached a new high of over 36 million units, with worldwide robot installations predicted to increase by 10% to nearly 570,000 units by 2022. The growing use of industrial robots in 3D imaging will increase the need for 3D cameras.

 3D Camera Market Driver:

3D Camera Market Segmental Analysis:

The 3D camera market is segmented into technology and end users. The technology segment is sub-segmented into time of flight, stereoscopic imaging, autostereoscopic imaging, and structured light imaging.

In the 3D camera market, stereoscopy, at times called stereoscopic imaging, is a technique used to allow a three-dimensional effect, adding an illusion of a deep to a flat image. Stereopsis, commonly known as depth perception, is the visual perception of differential distances among objects in one's line of sight. Several visual cues help to see things that way. Time-of-flight angiography (TOF) is an MRI technique to visualize flow within vessels without the need to administer contrast. It is based on the phenomenon of flow-related signal hyperintensity of spins entering an imaging slice. As a result of being unsaturated, these turns give more signal than surrounding stationary turns. Structured Light imaging is generally used for machine vision because it can generate high-resolution results. Some of the methods can be utilized effectively in moderate and high-speed applications. Structured light lasers work by using diffractive optical elements (DOEs). Essentially, a known shape or pattern is projected onto an object or scene, and a sequence of images is taken. The deformation of the shape or pattern in the image is measured to determine the dimensions and movement of the object or scene. Several patterns can be used to achieve the same results. Single and multi-circle DOEs are used in 3-D mapping applications, especially for pipe and tube objects. Single and multi-line DOEs are useful for scanning applications, and multi-spot DOEs are best for tracking volume or movement.

 3D Camera Market Segmental Analysis:

Regional Analysis:

Due to factors such as increasing smartphone penetration, improving the entertainment industry, increasing disposable income, and low camera ownership. Asia Pacific is anticipated to dominate the 3D camera market and account for the greatest revenue share through the forecast period. Another parameter boosting product demand is the increasing usage of 3D imaging in VR, robotics, home automation, and video surveillance. Key market participants in the region are focused on product releases to give customers high-quality products and outstanding service. For example, Alsontech, a manufacturer of 3D vision for industrial robots, released its newest 3D vision camera, the AT-S1000-06C-S3, in February 2023.

The NANO series AT-S1000-06C-S3 incorporates Alsontech's sophisticated binocular imaging technology, which provides industrial automation customers with assured precision and operating stability. North America, on the other hand, is expected to grow at a significant rate in the 3D camera market during the forecast period. The time of flight is expected to be the fastest-growing technology category in North America. Over the projection period, the technology is poised to realize its full potential. Car tracking, item detection, people counting, and robot navigation are all applications for time-of-flight sensors. Time-of-flight sensors determine the distance between two points by measuring the time it takes photons to travel between them. Many businesses are focusing on new product launches in order to give clients high-quality items and exceptional service.

Key Player Analysis:

The 3D camera market analysis includes Sony Corporation, Canon Inc., Samsung Electronics Co., Ltd., LG Electronics, Nikon Corporation, Panasonic Corporation, GoPro, Inc., FUJIFILM Corporation, Eastman Kodak Company, Orbbec 3D Technology International, Inc. are the top two players owing to their diversified product portfolio.

Recent Developments: 

Companies in the 3D camera market highly adopt inorganic and organic strategies such as mergers and acquisitions. A few recent key mobile application market developments are listed below: 

  • In July 2022, II‐VI Incorporated, one of the leaders in semiconductor lasers, and Artilux, one of the leaders in germanium silicon (GeSi) photonics and CMOS SWIR sensing technology, announced a joint demonstration of a next-generation 3D camera with a much longer range and higher image resolution to enhance user experience in the metaverse greatly.
  • In February 2022, the industrial robot 3D vision manufacturer Alsontech launched its new AT-S1000-06C-S3 3D vision camera. As a member of the NANO series, the AT-S1000-06C-S3 has a lightweight body and Alsontech's mature binocular imaging technology, providing reliable accuracy and operational stability for industrial automation users.

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

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to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

The List of Companies

1. Canon Inc.
2. Eastman Kodak Company
3. FARO Technologies, Inc.
4. Fujifilm Holdings Corporation
5. GoPro, Inc.
6. LG Electronics Inc.
7. Nikon Corporation
8. Panasonic Corporation
9. Samsung Electronics Co., Ltd.
10. Sony Corporation

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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