3D Camera Market Size, Share & Trends Analysis Report By Technology (Stereo Vision, Time of Flight, Structured Light), By Application (Professional Camera, Smartphone & Tablet, Computer, Others), By Region, And Segment Forecasts, 2024 - 2030

3D Camera Market Size, Share & Trends Analysis Report By Technology (Stereo Vision, Time of Flight, Structured Light), By Application (Professional Camera, Smartphone & Tablet, Computer, Others), By Region, And Segment Forecasts, 2024 - 2030

3D Camera Market Growth & Trends

The global 3D camera market size is expected to reach USD 140.27 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 30.8% from 2024 to 2030. The market for 3D cameras is growing as demand increases in virtual reality, augmented reality, and 3D printing. The increasing adoption of technologies such as autonomous vehicles, drones, and robotics drives the market.

In addition, the demand for 3D cameras in the healthcare sector has been on the rise in recent years. This is mainly due to the various benefits that 3D imaging provides over traditional 2D imaging in medical applications. 3D cameras have enabled medical professionals to capture and analyze images, more precisely and accurately, leading to better diagnosis and treatment. This has resulted in increased demand for 3D cameras in the healthcare industry.

Manufacturers are heavily investing in research and development of advanced 3D cameras that can capture images with better resolution and greater depth perception. Furthermore, with the rise in demand for 3D technology across various industries, manufacturers are developing affordable, user-friendly, portable, and high-quality 3D cameras.

Smartphone manufacturers are focusing on incorporating 3D sensors into their products. Social media and online shopping are already being impacted by the first generation of augmented reality, which uses conventional rear-facing cameras.

IKEA, for instance, launched IKEA Place, which allows consumers to virtually place and arrange furniture in their space before they purchase it. This drives the demand for 3D sensing technology, subsequently driving the market.

In January 2023, Orbbec launched its high-resolution 3D camera, the Femto Magna, at the Consumer Electronics Show (CES). The 3D cameras comprise Microsoft and NVIDIA technologies and enable easier access to sensing technology, rendering them suitable for logistics, robotics, retail, manufacturing, fitness systems, and healthcare.

Major companies in the market are focusing on new product launches, capacity expansions, and technological innovations.

3D Camera Market Report Highlights

• Time of flight (ToF) technology is projected to register a growth at a CAGR of 33.0% from 2024 to 2030. Leading ToF cameras have been instrumental in the development of cameras with advanced sensors for depth measurement and object identification
• Professional cameras held a market share of 63.7% in 2023 owing to their wide usage in virtual reality (VR) and augmented reality (AR) to capture the geometry of a scene and create immersive experiences
• Asia Pacific is expected to register the fastest growth during the forecast period owing to several factors such as increasing penetration of smartphones, enhancing the entertainment industry, increasing disposable income, and low camera ownership

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