The total market is expected to reach $227.27 billion by 2016, at a CAGR of 15.81%.
Dallas, TX -- (SBWIRE) -- 01/31/2014 -- According to a new market research report, “3D/4D Technology Market (2011 – 2016) by Products (3D IC, 3D Printer, 3D Display – HMD, 3D Smartphone, 3D TV, 3D Digital Signage), Applications (3D Animation, 3D Printing, 3D Medical Imaging, 3D CAD, 3D Gaming, 3D Cinema) & Technology (Stereoscopy, Auto-Stereoscopy, Volumetric) Focus, Global Forecast & Analysis – Features Introduction to 4D Technology”, the total market is expected to reach $227.27 billion by 2016, at a CAGR of 15.81%.
Browse 84 tables and in-depth TOC on “Three-Dimensional (3D) Technology Market”.
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Global 3D technology-products and applications market is expected to reach $227.27 billion by 2016, at an estimated CAGR of 15.81%. North America is holding a leadership position in total 3D technology market followed by Europe and APAC. In ROW market; Middle East and Africa are the largest contributors.
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Three-dimension (3D) technology has created the buzz in the market in the recent past, especially in the field of entertainment. Post the success of James Cameron’s ‘Avatar’, cinema lover is expecting more movies in 3D. 3D cinema is the most hyped field, in the 3D technology market. Movie producers and marketers are seeing 3D movies as a value-added product to generate additional revenue.
In current scenario, gaming and animation companies are giving lot of importance to the 3D technology, as 3D is becoming mainstream, more, and more of a norm. Also, 3D Animation and gaming forms the largest percentage share in overall 3D technology market.
Since the wave of 3D cinema, 3D TV has garnered consumer’s attention. With exciting features and competitive pricing, 3D TV is gaining shelf pace and consumer aspirations. Consumer electronics companies are constantly working on the pricing and 3D content, to attract more consumers.
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In a recent article of The New York Times, the world renowned Thomas Friedman had stated his experience of visiting a research lab at General Electric in Niskayuna (U.S.) to see what new technologies they are working on and the business model the company is developing. It was clear that out of the many new business trends that the United States should want to dominate, the three-dimensional printing is definitely one of them. In old days when companies wanted to build a critical machine parts, such as jet engine part, it used to take ample amount of time around a year to come up with the final product as it required designer to design the product, than company would have to build machine tools to make a prototype of that part, it also required to manufacture it as well as test it. This test takes around couple of month’s time. Today, engineers are using three-dimensional, computer-aided design software to design the parts on the computer screen. It is transmitted to a 3D printer, which is filled with metal powder and a laser device that prints the part out of the metal powder, with exact specifications, which could be immediately tested several times and the machine part is ready within couple of days.
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Additive manufacturing popularly known as 3D printing is a process of making a three-dimensional solid object of any shape from a digital model.3D printing is achieved using an additive process, where successive layers of material are laid down in different shapes. 3D printing is opposite of how manufacturing is done today. Traditional fabrication techniques involve filling fixed-shape molds, whittling down blocks of material to the correct shape, or drilling holes, 3D printing, on the other hand, it builds things up molecule by molecule. The 3D printing technology is used for both prototyping and distributed manufacturing with applications in industrial design, architecture, construction, automotive, aerospace, military, engineering, civil engineering, dental and medical industries, biotech (human tissue replacement), fashion, footwear, jewelry, eyewear, education, geographic information systems, and other than that, recently NASA has invested on researching 3D printers that could manufacture “food”.
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