Rising demand for consumer electronics and increasing preference for high-resolution images in gaming industry are driving three-dimensional (3D) imaging market revenue growth.
Rising demand for consumer electronics and increasing preference for high-resolution images in gaming industry are driving three-dimensional (3D) imaging market revenue growth
The global three-dimensional (3D) imaging market size is expected to reach USD 107.68 Billion in 2030 and register a revenue CAGR of 21.5% over the forecast period, according to latest report by Reports and Data. Integration of point cloud with 3D imaging software and rising demand for innovative devices in the healthcare sector are driving three-dimensional (3D) imaging market revenue growth.
3D imaging technique is used to develop or create the illusion of depth in an image. The process of manipulating two-dimensional data into a three-dimensional format to create the illusion of depth is known as 3D imaging. 3D imaging has become an extremely useful tool for industrial applications to aid in quality control processes. Different methods are available that can help with this process in order to create a 3D rendering for inspection and testing.
3D printing is a burgeoning technology that is leading to higher demand for 3D imaging. 3D printing, also known as additive manufacturing, is a technique of producing three-dimensional solid objects from digital files, and is used to create 3D printed objects. In an additive process, an object is created by laying down successive layers of a material until the object is complete. Each of these layers is a cross-section of the object that has been thinly sliced. 3D printing provides benefits such as flexible design structure, rapid prototyping, strong and lightweight parts, and low cost, as well as reduces waste while improving environmental impact.
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Some Key Highlights from the Report
- On January 10 2022, Haag-Streit Diagnostics, which is a Switzerland-based manufacturer and distributor of orthoptic, optometry, and ophthalmic equipment launched Optovue iScan80 for use in the U.K. The iScan80, according to the company, is a high-speed Optical Coherence Tomography (OCT) system ideal for practices looking for an affordable and versatile OCT systems. Furthermore, the iScan80 provides high-speed 80kHz OCT at 80,000 A-scans per second, which is three times faster than the original iScan system. It offers wider field of view and more simplified scan acquisition.
- 3D scanning segment accounted for a considerably large revenue share in 2020, owing to increasing product adoption due to benefits offered such as reduced time in design work, capturing engineering improvements inherent in produced parts, and promptly capturing all physical measurements of physical objects.
- Large enterprises segment is expected to account for largest revenue share over the forecast period, as these organizations are increasingly adopting 3D imaging tools to increase and improve productivity as well as to visualize ahead of time. This technology also aids in reducing investments in production and resource procurement, and improves reliability and product innovation. Rapid digitalization, urbanization, and rising product demand are factors driving revenue growth of the large enterprises segment.
- Cloud segment is expected to register higher revenue growth rate during the forecast period, as the technology is being widely used in various organizations for enhancing communication, coordination, and design of businesses. Integration of the cloud with 3D imaging enables teams to easily share files. New scan data can be used to augment existing digital mockups or create new database. This simplifies the creation of commercial proposals while also allowing for 3D visualization and collaborative design. Teams on the ground can communicate with colleagues in the office while exchanging data. Furthermore, 3D models can be easily shared with stakeholders.
- Healthcare & life sciences segment accounted for a considerably large revenue share in 2020. Some common benefits provided by 3D imaging in the healthcare industry include improved diagnostics, reduced operating time, and most importantly, reduced risk of complications. Furthermore, the technology improves clinical productivity by producing faster and easier-to-read studies, allowing for faster treatment and planning.
- Market in North America accounted for largest revenue share in 2020. The region is rapidly adopting 3D imaging technology and is heavily investing in research & development activities. Increasing demand for modern and sophisticated devices, as well as rising investments by key healthcare industry participants, is driving market revenue growth.
- Companies profiled in the global market report include Google LLC, GE Healthcare, Hewlett Packard Enterprise, TOMTEC Imaging Systems GmbH, Autodesk, Inc., Adobe Inc., Bentley Systems, Incorporated, Konica Minolta, Inc., Koninklijke Philips N.V., and Panasonic Corporation.
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For this report, Reports and Data has segmented the global three-dimensional (3D) imaging market based on application, organization size, deployment mode, end-use, and region:
Application Outlook (Revenue, USD Billion; 2018–2030)
- Layout and animation
- 3D Modeling
- 3D Scanning
- 3D Rendering
Organization Size Outlook (Revenue, USD Billion; 2018–2030)
- Large Enterprises
- Small and Medium-Sized Enterprises
Deployment Mode Outlook (Revenue, USD Billion; 2018–2030)
- On-Premises
- Cloud
End-Use Outlook (Revenue, USD Billion; 2018–2030)
- Aerospace & Defense
- Sports
- Media & Entertainment
- Healthcare & Life sciences
- Architecture
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Regional Outlook (Revenue, USD Billion; 2018–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
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Some points on how the report benefits stakeholders:
- The reports include historical (2018–2020) and forecast (2021–2030) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.
- Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2018 and 2030.
- The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.
- The report contains data and information on customers, competitors, vendors/distributors, and other players and in the global marketplace.
- Market research analysis is vital for all crucial business strategies and can aid in numerous ways and to provide a clearer understanding about strategies being deployed by competitors, product launches, competitive analysis, technological advancements and various other factors that enhance sales of a firm or perhaps provide insights to focus on merger and acquisition as a strategy or enter into strategic agreements or joint ventures etc.
- The report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.
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