3D motion capture systems record movements of objects. It facilitates the exact replication of the complex movements and realistic interactions. The technology has gained much popularity and has been witnessing developments over time. These technologies advancements are anticipated to drive the popularity of the system over the next couple of years. The assessment circulated by Market Research Future MRFR unfolds that the global 3D motion capture system market is expected to mark 9% CAGR over the forecast period 2017 to 2023. The report also unveils the fact that the valuation of the market is poised to reach USD 187 Bn mark by 2023.
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The technology has gained traction of the media and entertainment industry for 3d animations and 3D CGI characters. The global 3D motion capture system market is projected to flourish with the growth of the industry in the years to come. Also, the burgeoning gaming industry is prognosticated to leverage the technology in the near future. It is also presumed to be a crucial driver of the 3D motion capture system market in the foreseeable future. Technological developments and the availability of a wide range of systems is anticipated to support the proliferation of applications of the product. It is supposed to boost the expansion of the 3D motion capture system market in the upcoming years. The high efficiency and accuracy exhibited by the systems, along with declining 3D motion capture system price, are prognosticated to accelerate revenue growth of the market.
By Type, the 3D motion capture system market has been segmented into hardware, software, and service.
By System, the 3D motion capture system market has been segmented into Optical 3D Motion Capture System and Non-Optical 3D Motion Capture System.
By End-User, the 3D motion capture system market has been segmented into media and entertainment, engineering & design and industrial, biomechanical research and medical, and education.
The regional assessment of the global 3D Motion Capture Market is included in the report for four regions. These segments of the market based on region are further assessed on the basis of country-level markets. The regional segments of the global market are – North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). North America is a global leader in 3D motion capture systems. Its high rate of adoption of next-gen technologies is motivating the growth of the market. Also, the rising expansion pace of the regional 3D motion capture system market is attributed to the rising investments in the development of innovative technologies. Europe is prognosticated to exhibit steady pace of growth. Asia Pacific is also projected to capture fair share of the global market. China and Japan are anticipated to contribute remarkably to the development of the regional market.
Motion Analysis Corporation (U.S), Microsoft Corporation (U.S), Codamotion (U.K), Noraxon (U.S), Inc., Optitrack (U.S), Phasespace (U.S) Inc., Northern Digital Inc. (NDI), Phoenix Technologies (U.S), Inc., Synertial Labs Ltd (U.K), VICON Motion Systems Ltd. (U.K), Qualisys AB (Sweden), and Xsens Technologies B.V (Netherlands)
The competitive landscape of the market has been assessed in this report to reveal that the global leaders are investing in the latest technologies to stay ahead of the curve. The adoption of integration if advancing technologies in product lines are anticipated to drive the competition in the market place over the next couple of years. The emphasis on the expansion of global footprint for tapping the untapped potential is also projected to drive the competition in the 3D motion capture system market in the upcoming years. The growth approaches expected to be observed in the market place are – collaborations, mergers and acquisitions, partnerships, agreements, strategic alliances, etc.
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