Market Highlights:
The 3D technology market is growing expediously. This technology has a wide range of products that has numerous advantages in healthcare, automotive, civil, architecture and manufacturing industry. The 3D camera & 3D scanner market is growing rapidly in media and entertainment industry. The wide scope of 3D printing industry in building medical model, medical devices, biotechnology and forensic labs is gaining importance and other industries are also aware of its future potential.
The upcoming application of 3D technology is 3D TV. The 3D TV has been in boom because of its extraordinary features such as rich quality, high involvement of user and experiencing live objects, affordable price, it offers better immersion and depth to viewing image. It also has some restraints which may hinder the growth of the industry which includes wearing of 3D glasses, no defined standard for 3D software, hardware and TV components.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Major Key Players:
3D Systems, Inc. (U.S),
3D Hubs (Netherland),
WASP 3D (Italy),
Voxel8, Inc. (U.S),
Faro Technologies, Inc. (U.S.),
Hexagon AB (Sweden),
HP Development Company, L.P. (U.S),
Panasonic Corporation (Japan), ExOne (U.S), Sony Corporation (Japan) among others.
According to Market Research Future, the 3D Technology Market is growing rapidly over 15% of CAGR and is expected to reach at USD 145 billion by the end of forecast period.
Segmentation
The 3D Technology Market has been segmented on the basis of Product. One of the prominent product of 3D technology is 3D glass and 3D cameras. The benefits of 3D glasses include lightweight, inexpensive, does not flicker, no requirement of power source and does not require transmitter to synchronize with the display.
By product type segmentation of 3D Technology market is based on 3D image designing and 3D display technology. 3D image designing has vivid application such as 3D modelling, 3D website designing, 3D animation, 3D texturing, 3D interactive software and 3D visualization. It delivers faster, easier and precise image of the object. The 3D software handles a number of tough drawing exercises to help users to understand the designs and make better product development process to save time and reduce the likelihood of errors. The 3D display technology, delivers real object viewing experience. In medical industry the 3D display technologies is helping doctors to see more in depth and real in surgeries. It also help the surgeons to eliminate the need of headset, which they put on, and increase direct contact with the surrounding.
Regional Analysis:
The regional analysis of 3D technology market in North America, Europe, and Asia –Pacific and Rest of the World is as follows: Rapid advancement in the 3D technology led to its expansion from gaming to other fields. The North America market of 3D technology is leading because of its investment in different verticals such as civil and architecture, media and entertainment, medical and forensic labs and industrial manufacturing. In Europe the 3D technology market is growing at a faster pace as startups and large enterprise are investing more into it and are aware of the future potential market of it. The Asia- Pacific market would be one of the prominent market after North-America, as the region consists of big players investing high into healthcare domain and several global players have presence in the region and other local players are also gaining traction in the market.
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Intended Audience
- Technology Investors
- Healthcare Companies
- Government Organizations
- Research/Consultancy firms
- Defense Organizations
- Original equipment manufacturers (OEMs)
- Research/Consultancy firms
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