Stereo vision was the highest revenue generating technology, accounting for over 60% of the total market revenue in 2014. Stereo vision would also be the fastest growing market during the forecast period owing to its cost effectiveness as compared to structured light and time of flight (TOF) technologies. The growing popularity of 3D cameras among movie & game developers and other consumer camera manufacturers in China, has led China to evolve as the fastest growing market for stereo vision technology.

Portland, OR -- (SBWire) -- 09/08/2017 --Allied Market Research published a comprehensive report on the Asia-Pacific professional 3D camera market for the period 2014–2020. The APAC professional 3D camera market is anticipated to accrue $888.6 million by 2020. The market is expected to grow at a rapid pace with a compound annual growth rate of 36.8% during the forecast period 2015¬–2020. The report highlights the current and emerging market trends and provides a bird's eye view of the APAC professional 3D camera market.

Professional 3D cameras can capture high-quality images of an object displaying its minute features and details. 3D cameras are used mainly to capture content for 3D movies and pictures. With the growing demand for 3D content, mainly from the entertainment industry, along with innovations and improvements in the 3D scanning technology, the market is set to experience a surge in its growth. However, the high price of professional 3D cameras and the lack of awareness among the users act as major deterrents to the growth of the market. The virtual reality applications market and automated operations in the industries offer the greatest opportunities for the growth of the 3D camera market.

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The report includes the analysis of the market carried out using Porter's Five Forces Model. According to the analysis, a threat of backward integration by the camera manufacturers in the market has resulted in the moderate bargaining power of suppliers. The buyers of professional 3D cameras are an organized and a sophisticated lot, which increases their buying power. The 3D camera market demands high initial investments, thus limiting the threats of new entrants. Owing to additional features and superior quality, the price of these cameras is very high which leads to an array of substitute products available in the market at competitive prices. The intensity of rivalry is moderate due to the sophisticated products offered by the competing players.

The APAC professional 3D camera market is classified into type, technology, application, and geography. Types of professional 3D cameras include target camera and free camera. 3D cameras make use of technologies such as time-of-flight (TOF), stereo vision/stereoscopy, and structured light. Out of all the technologies, the stereo vision technology will lead the APAC 3D camera market. The application segment is further divided into photography, which will maintain its dominating streak in the market, and recording. The key market trends, drivers, and opportunities available in the regions of Japan, China, India, South Korea, and the rest of Asia-Pacific have been analyzed and presented in the report. The growing popularity of 3D movies and games in China has made it the fastest growing 3D camera market in the forecast period.

The competitive environment of the professional 3D camera market and the key winning strategies adopted by the leading players included in the report enable the potential investors to take informed decisions. Major brands profiled in the report include Sony Corporation, Canon Inc., Nikon Corp., Panasonic Corporation, Fujifilm Corp., GoPro Inc., Faro Technologies Inc., Olympus Corporation, Samsung Electronics Co. Ltd., and Casio Computer Co. Ltd.

Key points to be considered

- The anticipated growth scenario for all the business verticals has been mapped based on the previous market trends.

- The value chain analysis gives information about the role of the different stakeholders involved in the development of the market.

- Based on geography, China will exhibit the fastest growth during the forecast period, closely followed by India.

- The target camera will have the largest market share in the forecast period owing to its adoption in applications such as niche photography, surveillance and asset monitoring.

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