3D Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020
Albany, NY -- (SBWIRE) -- 01/21/2016 -- The global market for three-dimensional (3D) imaging is witnessing robust growth, thanks to innovations in hardware configuration that made real-time, 3D imaging applications easily accessible worldwide. 3D imaging is an optical technique that blends two images of the same object to create a 3D appearance. Encouraged by the prevailing market trends, investors are collaborating with enterprises to capitalize on the lucrative opportunities the market is expected witness in the near future. The global 3D imaging market also holds prospects for new players.
A report by Transparency Market Research (TMR), "3D Imaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020," provides an in-depth study on the prevailing dynamics and the growth metrics of the global 3D imaging market. The report covers 3D imaging technologies such as stereoscopy, auto-stereoscopy, and anaglyph.
While 3D imaging has found diverse applications across industries, its most significant uses include gaming, animation, and interior designing. Some of the most commonly used software in the aforementioned application include Blender, Autodesk 123D, and AutoCAD. The advent of 3D imaging across multiple industries has aided in enhancing visualization and customer experience.
Until recently, 3D imaging has found application across industries including defense and security, entertainment, automotive, healthcare, and design industry. Of these, the technology has been extensively adopted across entertainment, healthcare, and automotive industries.
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"3D imaging technologies have commercialized products such as smartphones, cameras, and television, due to which the consumer goods industry has increased its investment to procure the technologies," said a lead TMR analyst. "In the healthcare industry, 3D imaging facilitates fast and accurate diagnosis of diseases, thus, ensuring better patient care, which boosts the use of the technology in the industry".
In the automotive industry 3D imaging software is used for designing innovative vehicle models. The entertainment industry has been increasingly incorporating the technology in their video production to entertain their audiences with unparalleled viewing experience. The technology is also used in the defense and security sector for applications such as target identification, detection, and simulation.
Despite 3D imaging offering several benefits, the technology does not cater to the price-sensitive markets. High cost associated with implementing 3D imaging solutions negatively impacts the growth trajectory of the global 3D imaging market. Nevertheless, with the launch of technologies such as rapid prototyping and 4D, the 3D imaging market sees lucrative potential to capitalize on in forthcoming years.
Clearly, the industry must roll out more affordably priced 3D imaging systems that provide high quality images. With recent technological advancements and innovations, the market is likely to mitigate the bottlenecks and exhibit impressive growth during the report's forecast period.
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