The North America 3D Camera Market is expected to witness market growth of 32.7% CAGR during the forecast period (2021 2027).
Growing demands for 3D content in the gaming and entertainment industries, as well as a rising number of 3D-enabled devices such as smartphones, tablets, and televisions. The increasing popularity of 3D films is driving up demand for professional cameras to shoot 3D content. Google, Microsoft, and Apple are investing millions of dollars in hardware to improve the efficiency of determining the depth and distance of objects. The accurate depth and distance perception are critical in technologies like augmented reality, robotics, and self-driving cars, broadening the spectrum of 3D cameras' applications.
Apple, the pioneer in 3D front-facing cameras, released a new iPhone and iPad in 2020, which had a 3D laser-powered camera. Instead of typical dot-projection technology, the device employs a laser scanner. The iPhone's AR experience is likely to be enhanced by the laser-powered 3D camera, which will allow for more accurate depth sensing and positioning of virtual objects. It is expected to also make it possible for the phone to take photos with more depth. The arrival of new smartphones with unique 3D cameras and 3D laser sensors provides a glimpse into the future of the 3D camera industry. Furthermore, significant advances in 3D sensor technology will undoubtedly have an impact on the smartphone cameras in the next years.
The 3D camera market in the U.S. is significantly large. Due to a mature and flourishing economy and people with relatively high disposable income, a substantial share of the total population in the country as well the whole of the North American region, carries a smartphone. Since smartphones are primarily used for purposes other than calling, manufacturers have tried to equip the devices with the latest and greatest of technologies such as fingerprint scanners, infrared scanners, improved cameras, and LiDAR scanners. LiDAR scanners in the latest iPhones and iPads create accurate 3D models of whatever the user scans. The wider implementation of 3D cameras in smartphones will give the buyers in this region easy access to the 3D camera technology. North America is also the hub of entertainment for the world. Superhero and comic book movies which are watched across the globe are produced in this region.
The US market dominated the North America 3D Camera Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $14,566.7 million by 2027. The Canada market is exhibiting a CAGR of 35.7% during (2021 - 2027). Additionally, The Mexico market is expected to witness a CAGR of 34.5% during (2021 - 2027).
Based on Type, the market is segmented into Target Camera, and Target-free Camera. Based on Technology, the market is segmented into Stereo Vision, Time of Flight, and Structured Light. Based on Application, the market is segmented into Professional Cameras, Smartphone, Tablets, Computer, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fujifilm Holdings Corporation, Canon, Inc., Samsung Electronics Co., Ltd., Sony Corporation, Panasonic Corporation, LG Electronics, Inc., Intel Corporation, FARO Technologies, Inc., Nikon Corporation, and GoPro, Inc.
Growing demands for 3D content in the gaming and entertainment industries, as well as a rising number of 3D-enabled devices such as smartphones, tablets, and televisions. The increasing popularity of 3D films is driving up demand for professional cameras to shoot 3D content. Google, Microsoft, and Apple are investing millions of dollars in hardware to improve the efficiency of determining the depth and distance of objects. The accurate depth and distance perception are critical in technologies like augmented reality, robotics, and self-driving cars, broadening the spectrum of 3D cameras' applications.
Apple, the pioneer in 3D front-facing cameras, released a new iPhone and iPad in 2020, which had a 3D laser-powered camera. Instead of typical dot-projection technology, the device employs a laser scanner. The iPhone's AR experience is likely to be enhanced by the laser-powered 3D camera, which will allow for more accurate depth sensing and positioning of virtual objects. It is expected to also make it possible for the phone to take photos with more depth. The arrival of new smartphones with unique 3D cameras and 3D laser sensors provides a glimpse into the future of the 3D camera industry. Furthermore, significant advances in 3D sensor technology will undoubtedly have an impact on the smartphone cameras in the next years.
The 3D camera market in the U.S. is significantly large. Due to a mature and flourishing economy and people with relatively high disposable income, a substantial share of the total population in the country as well the whole of the North American region, carries a smartphone. Since smartphones are primarily used for purposes other than calling, manufacturers have tried to equip the devices with the latest and greatest of technologies such as fingerprint scanners, infrared scanners, improved cameras, and LiDAR scanners. LiDAR scanners in the latest iPhones and iPads create accurate 3D models of whatever the user scans. The wider implementation of 3D cameras in smartphones will give the buyers in this region easy access to the 3D camera technology. North America is also the hub of entertainment for the world. Superhero and comic book movies which are watched across the globe are produced in this region.
The US market dominated the North America 3D Camera Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $14,566.7 million by 2027. The Canada market is exhibiting a CAGR of 35.7% during (2021 - 2027). Additionally, The Mexico market is expected to witness a CAGR of 34.5% during (2021 - 2027).
Based on Type, the market is segmented into Target Camera, and Target-free Camera. Based on Technology, the market is segmented into Stereo Vision, Time of Flight, and Structured Light. Based on Application, the market is segmented into Professional Cameras, Smartphone, Tablets, Computer, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fujifilm Holdings Corporation, Canon, Inc., Samsung Electronics Co., Ltd., Sony Corporation, Panasonic Corporation, LG Electronics, Inc., Intel Corporation, FARO Technologies, Inc., Nikon Corporation, and GoPro, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Target Camera
- Target-free Camera
By Technology
- Stereo Vision
- Time Of Flight
- Structured Light
By Application
- Professional Cameras
- Smartphone
- Tablets
- Computer
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Fujifilm Holdings Corporation
- Canon, Inc.
- Samsung Electronics Co., Ltd.
- Sony Corporation
- Panasonic Corporation
- LG Electronics, Inc.
- Intel Corporation
- FARO Technologies, Inc.
- Nikon Corporation
- GoPro, Inc.
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. North America 3D Camera Market by Type
Chapter 5. North America 3D Camera Market by Technology
Chapter 6. North America 3D Camera Market by Application
Chapter 7. North America 3D Camera Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Fujifilm Holdings Corporation
- Canon, Inc.
- Samsung Electronics Co., Ltd.
- Sony Corporation
- Panasonic Corporation
- LG Electronics, Inc.
- Intel Corporation
- FARO Technologies, Inc.
- Nikon Corporation
- GoPro, Inc.
Methodology
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