Delray Beach, FL, Jan. 09, 2025 (GLOBE NEWSWIRE) -- The global 3D camera market Size, Share, Industry Growth, Trends & Analysis in terms of revenue was estimated to be worth USD 3.6 Billion in 2023 and is poised to reach USD 9.1 Billion by 2028, growing at a CAGR of 20.3% from during forcast period (2023-2028).
The global camera market continues to evolve as new technologies and consumer demands drive innovation across various sectors. This report highlights the latest trends, focusing on the growing popularity of mirrorless cameras, the integration of AI in camera systems, and the rising demand for high-resolution video capture. Industry segments such as professional, consumer, and security cameras have shown significant growth, with advanced camera features and imaging technologies creating diverse applications beyond traditional photography. Forecasts suggest an upward trajectory, fueled by both technological advancements and the expanding applications in industries like automotive, healthcare, and surveillance.
Top 3D Camera Companies Included:
- FARO (US),
- Ricoh Co., Ltd. (Japan),
- Leica Geosystems AG (Switzerland),
- Panasonic Holdings Corporation (Japan),
- Intel Corp. (US), and others.
Based on camera type, target 3D camera market to hold the highest market share from 2023 to 2028.
Target 3D cameras are used to capture highly accurate 3D models of objects, structures, or environments. This technology is used in various industries, including logistics, architecture, construction, manufacturing, medical and dental imaging, and entertainment. In logistics and supply chains, these cameras can help streamline the process of tracking and managing inventory. They can be used to automate tasks such as counting and sorting packages, which can help reduce errors and save time. For example, as packages are moved throughout warehouses, these cameras can capture 3D images of each package and use software algorithms to identify the package, track its location, and update inventory records in real time.
Based on image detection technique, the 3D camera market for Time of Flight to hold highest CAGR during the forecast period.
The ToF segment in the 3D camera market is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the growing adoption of ToF 3D cameras in different verticals such as AR/VR, healthcare, automotive, and industrial. For instance, ToF cameras can be used to help robots navigate their environment by creating a 3D map of the surroundings. This can be useful in applications such as autonomous vehicles, drones, and industrial automation.
3D camera market in Asia Pacific to hold the highest CAGR during the forecast period
The Asia Pacific region has been experiencing strong growth in the use of 3D cameras in applications such as virtual reality (VR), augmented reality (AR), robotics, and industrial automation. The APAC market is expected to grow at a higher CAGR during the forecast period. This growth is attributed to the growing use of 3D cameras, driven by technological advancements, the increasing demand for advanced imaging solutions, and a growing need for more accurate and detailed spatial data.
3D Camera Market Trends: Analyzing the Types - Target Camera and Target-free Camera
The 3D camera market is growing rapidly, driven by advancements in imaging technology, increasing applications in various sectors, and the rising demand for high-quality 3D content. The market can be broadly segmented based on the type of 3D cameras: Target Cameras and Target-free Cameras. Each type offers distinct features and advantages, catering to different needs and applications.
1. Target Camera: Target cameras, also known as structured light cameras or stereo vision cameras, require a physical target or a specific pattern projected onto the scene to capture depth information. These cameras use the disparity between multiple images to calculate depth and create a 3D representation of the environment.
Key Features:
- High Precision: Target cameras provide highly accurate and detailed 3D data, making them suitable for applications that require precise measurements.
- Active Illumination: Many target cameras use active illumination techniques, such as projecting structured light patterns, to enhance depth accuracy in various lighting conditions.
- Stereo Vision Technology: Utilizes multiple lenses to capture different angles of the scene, calculating depth through image disparity.
2. Target-free Camera: Target-free cameras, also known as time-of-flight (ToF) cameras or LIDAR (Light Detection and Ranging) cameras, do not require a physical target to measure depth. Instead, they use the time it takes for light to travel to an object and back to determine the distance and create a 3D image.
Key Features:
- Time-of-Flight Technology: Measures the time taken by light pulses to travel to the object and return, providing accurate depth information in real-time.
- Laser Scanning: Uses laser beams to scan the environment, capturing detailed 3D data over large areas.
- Single-lens System: Often employs a single lens and sensor system, simplifying the camera design and reducing size.
