Published Date: 12-May-22
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According to a new report, published by KBV research, The Global Professional 3D Camera Market size is expected to reach $23.8 billion by 2027, rising at a market growth of 30.5% CAGR during the forecast period.
The Free Camera segment is showcasing a CAGR of 32.1% during (2021 - 2027). This has the advantage of being less complicated to develop as compared to automatic or manual systems. The device is also fully automated, so the photographer does not have to worry about focusing. It also has the potential to be more predictable than automated solutions. Hence, these aspects are set to fuel the growth of the Professional 3D Camera Market during the forecasting period.
The Stereo Vision segment acquired the maximum revenue share in the Global Professional 3D Camera Market by Technology in 2020, thereby, achieving a market value of $11.9 billion by 2027. This is because Professional 3D camera products based on stereo vision technology are known for their affordable prices. When it comes to buying this consumer camera equipment, price is the most important consideration. In addition, for the most part, stereo 3D cameras create high-quality images for individual purposes. Apart from specialized applications, stereo vision technology is used to record the majority of 3D movies. Moreover, these applications have an impact on how technology is implemented in 3D camera devices.
The North America market dominated the Global Professional 3D Camera Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $8.3 billion by 2027. The Europe market is estimated to grow at a CAGR of 29.5% during (2021 - 2027). Additionally, The Asia Pacific market would experience a CAGR of 32.6% during (2021 - 2027).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Canon, Inc., Fujifilm Holdings Corporation, Panasonic Corporation, Sony Corporation, Eastman Kodak Company, Nikon Corporation, FARO Technologies, Inc., GoPro, Inc., Matterport, Inc., and Samsung Electronics Co., Ltd.
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