MarketsandMarkets Expects 3D Imaging Market to be Worth US$9.82 Billion by 2018

According to New Market Report “3D Imaging Market [3D Modeling; 3D Scanning; 3D Rendering; Layout and Animation; Image Reconstruction]: Global Advancements, Market Forecasts and Analysis (2013 – 2018)”, which analyzes and studies the major market drivers, restraints, and opportunities in North America, Western Europe, Eastern Europe, Middle East and Africa, Asia-Pacific and Latin America. The report also draws the competitive landscape of the 3D imaging market, providing an in-depth comparative analysis of the technological and marketing strategies that the key players are adopting, in order to gain an edge over their competitors.

Recent trends in the industry show that there is a high demand of 3D Imaging in Media and Entertainment, Defense and Security, Architecture and Engineering and other verticals as well. 3D Technology is being implemented in various objects as it provides a more realistic view than 2D. Most of the industries and company that are extensively using imaging are shifting towards 3D imaging technology and its solutions to meet the requirements of today’s business and customer needs. The introduction of enhanced technologies such as 3D image sensors and 3D displays, providing high resolution visuals, is seen to give a boost to the adoption of 3D imaging across various verticals such as defense and security via its usage in simulation, facial identification and target (object, weapons or explosives) detection.

The Key Strategies followed by most companies in the Global 3D Imaging Market are new technology, customized solution and acquiring relatively small domain expert players.

Some of the Major Players in this Market are:

GE Healthcare
Panasonic
Konica Minolta
HP
Phillips Healthcare
Northrop Grumann
Lockheed Martin
Zebra Imaging

The study reports that the global 3D imaging market is expected to grow from $3.01 billion in 2013 to $9.82 billion by 2018, at an estimated CAGR of 26.7% from 2013 to 2018.

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