3D Technology Market 2018 to 2022 by Key Leaders: 3D Systems, Inc., 3D Hubs, WASP 3D, Voxel8, Inc, Faro Technologies, Inc, Hexagon AB, HP Development Company

Market Scenario:

The 3D technology is a three-dimensional image that provides in depth perception of the image. The 3D images are made interactive so that the user can get involved with the scene and find it real. The 3D image creation is a process of tessellation, geometry and rendering. 3D technology provides the most accurate and precise image of the object.

The invention of 3D technology has made a revolutionary change from gaming to other fields. Its usage has expanded from gaming to product design, corporate presentation and personal entertainment. Almost all the new generation PC makers are installing the 3D technology in their system which is proving to be very useful in designing and architectural application. So far the 3D technology has not yet made a major impact in the market place but the businessmen and industrialist are aware of its benefits and future potential. Most popular application of 3D technology is found in PC, architecture, industrial and education tool.

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The market segmentation of the 3D technology is done on product and application. The segmentation on the basis of products includes 3D camera, 3D glass, 3D printer, 3D scanner, 3D image designing and 3D display technology. The 3D camera is widely used in number of animation movies and advertisement. The important feature of 3D camera is it shoots in true stereo 4K mode. Shooting in this mode allow both of its lenses to capture the detail image of the object as compared to a run of the mill cinema projector. 3D scanner eliminates the need to physically collect the data and inspect the place unlike it scans the each and every detail of the site, which an animation or game developer might need. 3D glasses is being widely used in entertainment industry and it is beneficial to both consumers and producers, because of its low manufacturing cost. Its special features include lightweight, no requirement of power source, inexpensive and does not require transmitter to synchronize with the display and it does not flicker. The market segmentation on application based architecture industry. It has numerous advantages in healthcare industry, automotive, aerospace and defense. In healthcare industry it is used for carrying out complex surgeries, customized implants and prosthetics, medical models, medical devices and revolutionize the whole traditional medical treatment method.

The global 3D technology market is expected to grow at USD ~145 Billion by 2022, at ~15 of CAGR between 2016 and 2022.

Key Players:

The prominent players in the 3D technology market are – 3D Systems, Inc. (U.S), 3D Hubs (Netherland), WASP 3D (Italy), Voxel8, Inc. (U.S), Faro Technologies, Inc. (U.S.), Hexagon AB (Sweden), HP Development Company, L.P. (U.S), Panasonic Corporation (Japan), ExOne (U.S), Sony Corporation (Japan) among others.

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