3D Camera Market to see 39.4% CAGR Globally by 2020, says a Research Report available at Big Market Research

Big Market Research adds a report titled Global 3D Camera Market (Type, Technology, Application and Geography) Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast 2013-2020. As per the report, the global 3D camera market is expected to reach $7,661.8 million by 2020, registering a CAGR of 39.4% during the forecast period.

3D camera enables the user to capture three dimensional images along with superior visual quality. There are different types of 3D cameras namely, target camera and free camera. 3D technology has managed to conquer the global market through its numerous applications, enhancing the working culture across varied industries. The technologies involved in the 3D cameras are stereo vision, time of flight and structured vision.

The demand for 3D camera from the entertainment industry is the major factor driving the growth of the overall 3D camera market. Other factors such as enhanced 3D scanning technology and changing useras taste and preferences are also driving the growth of the 3D camera market across the globe. However, lack of awareness among the consumers and high cost of 3D cameras are the major restraints for the market growth.

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3D camera has huge market potentials due to its wide range of applications, which includes its application in professional cameras, tablets, smartphones, computers and others. The growing home automation and industrial automation sectors has paved the way for the 3D technology market. Also, the virtual reality applications subsequently increases the demand for global 3D camera market.

The report on the global 3D camera market covers a wide range of geographical regions including North America, LAMEA, Europe and Asia-Pacific. As per the report, Asia-Pacific region would generate the highest revenue in terms of 3D cameras.

The report also profiles some of the leading companies form the global 3D camera market in order to provide the readers with comprehensive knowledge of the global markets competitive scenario. Companies profiled in the report are Nikon, Canon, Go Pro, Kodak, Sony Corp., Faro Technologies, Panasonic Corp., Fujifilm Corp., LG Electronics Inc. and Samsung Electronics Corp.

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