3D imaging is a procedure of rendering a three dimensional image that provides an enhanced 360 degree view. To capture a three-dimensional object, two or more cameras are used and a 3D image is rendered.
3D image sensors, displays, and cameras are used together to capture high resolution images. Two offset images are presented separately for the left and right eye of the viewer using binocular vision thus, creating an illusion of depth.
The 3D imaging market is expected to grow at a high pace owing to the improvements and advancements in technology. This technology has been extensively adopted by organizations in many industry verticals. 3D imaging offers a better viewer experience and hence, is widely used across the healthcare and entertainment industry. Additionally, the implementation of 3D imaging solutions for preview, rectification of the final products and design in the construction and automotive sector are bolstering the demand for 3D imaging. Furthermore, the defense and security industry is significantly advancing with the help of 3D imaging technology.
The 3D imaging market is segmented into type, application, and geography. Based on different types, the 3D imaging market is segmented into 3D display technology, hardware, and 3D imaging solutions. The 3D display technology is further sub-segmented into stereoscopy, anaglyph, volumetric display, holography, lenticular lens, parallax barrier, and others. The 3D imaging solution is further sub-segmented into 3D scanning, 3D modeling, 3D rendering, image reconstruction, layout & animation, and others. Also, the hardware sector is sub-segmented into 3D sensors and 3D displays. Furthermore, the application sector is bifurcated into healthcare & medical, media & entertainment, architectural & engineering, industrial application, defense & security, and others. The geography segment is segmented into North America, APAC, Middle East, Europe, Latin America, and Africa.
The rapid advancements in 3D imaging technology in the healthcare & medical segment are resulting in the continuous growth of 3D imaging for diagnosis through MRI, X-ray, ultrasound, MRI, and surgical applications. Additionally, the technology is also used across oncology and oral healthcare. The latest developments in 3D imaging find a large number of applications for this technology in consumer electronics, industrial applications, and media & entertainment sectors. The 3D imaging market is fuelled by its capabilities to provide a photorealistic view. Also, the security & defense industry is considerably utilizing the technology in simulation, target detection (object, explosives or weapons), and facial identification. Also, for creating dummy parts, the technology has proved useful in industries such as manufacturing, industrial applications, and automotive. For the entertainment industry, 3D imaging has a wide opportunity as several 3D movies are developed and viewed worldwide. The improved experience delivered by 3D imaging is anticipated to generate revenue across various applications using the 3D imaging technology.
The growing trend for virtual reality based applications is propelling market growth. Companies developing virtual reality based games have a large potential to provide creative solutions using 3D imaging in the near future. However, the lack of availability of 3D content and the high cost of already available 3D imaging solutions are some of the prime factors hindering the market growth. The companies are demanding improved solutions for market expansion to provide innovative services and products whereas inadequate infrastructure to support 3D imaging devices is hindering the market growth.
North America is leading the market in terms of revenue owing to the adoption of advanced technology, enhanced healthcare facilities in this region, and paying capacity of the population. Some of the major key industry players are GE Healthcare, Hewlett-Packard Corporation, Philips Healthcare, Lockheed Martin Corporation, Able Software Corporation, Google, Inc., Panasonic Corporation, Konica Minolta, Inc., Agilent Technologies, Tomtec Imaging Systems Gmbh, Sony Corp. among others.
Market By Geography
• Rest of Europe
• South Korea
• Rest of Asia-Pacific
• Rest of Latin America
Middle East & Africa
• South Africa
• Rest of Middle East & Africa