The ongoing rise in demand for 3D technologies combined with the striking adoption rate of the technology across multiple industries has prompted a surge in the 3D imaging market. The 3D imaging market is experiencing significant traction and is expected to continue its fast-paced climb in the coming years.
According to a report released by Market Research Future (MRFR), the global 3D imaging market is expected to grow during the forecast period at an impressive CAGR of 28%. Furthermore, the market is projected to reach a valuation of USD 36 billion by the end of the forecast period.
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The global 3D imaging market segmentation is done on the basis of industry, hardware, imaging solutions, and display technologies.
By industry, includes defense and security, media and entertainment, industrial imaging solutions, architecture and engineering, healthcare and medical, and others. Among these, the healthcare segment is expected to grab hold of the maximum market share due to the advancing technological developments in magnetic resonance hardware, scanning protocols, and 3D volumetric reconstruction software.
By display technologies, the market segments into holography, volumetric display, stereoscopy, auto-stereoscopy, and anaglyph.
By imaging solutions, the market comprises anaglyphy, 3D sensing, layout and animation, image reconstruction, 3D rendering, and 3D modelling.
By hardware, the market divides into 3D sensor and 3D display. 3D display segment is expected to grow significantly in the forthcoming years. However, it also boasts various disadvantages like high pricing, varying performance level, frequency arbiter is required often, and power requirement is high. All these factors positions the segment to witness restrained growth.
Regionally, 3D Imaging Market Report covers regions like Europe, North America, Asia Pacific, and Rest-of-the-World (RoW).
Among these, North America holds the leading position in the global market due to the rising activities related to research and development conducted herein. Additionally, the rising prevalence of chronic-based diseases coupled with the vast accessibility of modern healthcare facilities in the region are also aiding the overall progress of the market in terms of growth and expansion.
In Europe, the market is projected to grow in a fast-paced manner due to the burgeoning popularity of the engineering and architecture sector herein. The region holds significant role in contributing to the overall standings of the global market.
The Asia Pacific region is calculated to experience the fastest market growth during the forecast period. This is due to the ever-expanding entertainment and consumer electronics industry herein.
The global 3D imaging market hosts a number of key players, including Konica Minolta Inc (Japan), Able Software Corporation (US), TomTec Imaging Systems GMBH (Germany), Lockheed Martin Corporations (US), Panasonic Corporation (Japan), Agilent Technologies (US), Hewlett Packard Company (US), Google Inc (US), Philips Healthcare Informatics Inc (US), GE Healthcare Inc (US), and others.
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