(MENAFN- America News Hour)In a recent published report, Kenneth Research has updated the market report for 3D Camera Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for 3D Camera Market products.
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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Global 3D Camera Market size is estimated to reach $43.1 billion by 2025; growing at a CAGR of 40.9% from 2017 to 2025.The 3D camera offers the feature like capturing excellent quality three-dimensional image. Types of 3D cameras such as target-free camera & target camera are broadly used in different applications such as smartphones, professional cameras, computers, and tablets, among others. Time-of-flight (TOF), structured light imaging, and stereo vision technology 3D cameras are gaining popularity globally due to its high demand, and advanced technology.
Major factors driving the global 3D camera market are rising need of 3D cameras from entertainment business, improved customer preferences, and upgradations in 3D scanning technology. However, high price and absence of knowledge may hamper the market growth. Furthermore, growing home automation market would unfold with numerous growth opportunities in the forecasted year.
Major segments of the global 3D camera market are type, technology, application, and geography. The type segment comprises target-free camera and target camera. Further, technology comprise time-of-flight (TOF), structured light, and stereo vision. While application comprise smartphones, professional cameras, computers, tablets, and other applications.
Geographically, the global 3D camera market is categorized into North America, Europe, Asia Pacific, Rest of the World (RoW) North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
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The major players competing in the market are Sony Corporation, Nikon, GoPro, Inc., Canon, LG Electronics Inc., Fujifilm Corporation, Panasonic Corporation, Faro Technologies, Samsung Electronics Co., Ltd., and Kodak, among others.
The key takeaways from the report
The report will provide detailed analysis of 3D Camera Market with respect to major segments such as type, technology, and application
The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of 3D Camera Market has been included in the report
Profile of the key players in the 3D Camera Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of 3D Camera Market
Type Segments
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Target-Free Camera
Target Camera
Technology Segments
Time-of-flight (TOF)
Structured Light Imaging
Stereo Vision
Application Segments
Smartphones
Professional Cameras
Computers
Tablets
Other Applications
Geographical Segments
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of Asia-Pacific
RoW
South America
Middle East
Africa
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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players.
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