3D Imaging Market Trends

Growth Drivers

• Increasing use of 3D imaging in the entertainment and media industry - Virtual reality, and 3D movies are providing audiences with a captivating, and immersive viewing experience. 3D imaging technology in the entertainment sector makes viewers' experiences more memorable and engaging. For instance, Panasonic announced the latest flagship model of the LUMIX G Series of cameras, with advanced 3D imaging technology, and creative features. It provides high performance and primarily caters to the content creator community.

• Leveraging 3D imaging for reefscape genomics - Genome-wide sequencing integrated with 3D imaging has provided new opportunities to understand the unexplained diversity of aquatic environments. Seascape genomics uses seafloor characterization georeferencing, and in situ phenotyping to implement adaptive measures to conserve, translocate, and restore aquatic habitat. The National Centers for Coastal Ocean Science (NCCOS) and Florida Keys National Marine Sanctuary (FKNMS) are collaboratively working to study and restore coral reefs using micro-sized autonomous underwater vehicles (AUVs). These AUVs use 3D imaging to identify the health, density, and distribution of coral species.

Challenges

• High production, installation, and operational costs - High-quality materials are used in the production of 3D imaging technology. In addition, the requirement for high-quality scans, the complexity of the machinery, and the expense of research & development are the other several factors contributing to the excessive cost of 3D imaging technology.

• Lack of expertise - Advanced 3D technology requires trained operators for quicker security screening.  However, there is a lack of knowledge among people about advanced 3D technology operations. Therefore, it is expected to restrain market growth in the upcoming years.