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The global 3D and 4D technology market is expected to grow with an impressive CAGR during the forecast period 2016-2023. The three-dimensional technology offers a wide array of possibilities in medical and entertainment segment. The increasing use of 3D technology in TVs, laptops have improved the viewer’s experience of watching anything by simulating the environment based on what is being shown. The use of 3D/4D technology in medical field provides flexibility even in the most complex work environments. The 4D technology uses time and space concept that provides real image of the projected organ. 4D technology facilitates the diagnosis of any kind of disease by providing a sharp image of the organ. It is mostly used in medical devices such as ultrasound and CT scanner. The key market players and their high R&D investments and the macro and micro- economic factors that are affecting the development of global 3D/4D technology market. Factors driving the global 3D&4D technology market include:
Many advancing technological trends are increasing the expectations of manufacturing of cost effective 3D printers. An emerging class of mid-level 3D printers is starting to offer many high-end system characteristics in a desktop at low price points. Printing speed has also increased to being 500 times quicker than the conventional printing machines. It is found that over 100 industrial manufacturers, two-thirds are already using 3D printing technology. Thus, the rising technological innovations are creating huge scope for the global 3D/4D technology market.
Lack of 3D & 4D content, unstandardized delivery format & output devices are some of the restraints faced by the global 3D/4D technology market. The market has good scope due to high demand of 3D/4D technology in media & entertainment industry and increasing investment in R&D activities. The market faces some challenges such as lack of adept professionals and need for higher investment.
Source: OBRC Analysis
The global 3D & 4D technology market is segmented on the basis of end user & technology. On the basis of end user, the global 3D/4D technology market is sub-segmented into:
On the basis of technology, the global 3D/4D technology market is sub-segmented into:
The revenue for the above end user segment is specific to global 3D/4D technology market. However, the total revenue of these end-users in general has been excluded from the scope of the report. Also, the total market revenue has been calculated by summing up technology segment.
Geographically, the global 3D/4D technology market is segmented into:
North America is the largest revenue generating region for 3D & 4D technology market. In the U.S., 3D gaming is gaining popularity due to highly developed and easily available 3D technology. 3D printing ability to modernize the production process has generated high revenue for the U.S. market. In North America 3D & 4D technology is widely used in the medical field for diagnosis purpose as it provides better images of internal organs. Due to the rise in chronic diseases, the importance of better imaging and faster diagnosis has also increased. Asia Pacific is an emerging region for the global 3D/4D technology market due to the increase in technological innovations in 3D printing. For instance: China made new metal 3D printing technology by integrating traditional & new manufacturing methods. The Chinese government supported the 3D printing technology by revealing national plan for growth of 3D printing industry which also influenced the market demand of 3D/4D technology in APAC. Likewise, Japan and India have also witnessed significant growth in 3D technologies.
On the basis of end user, the global 3D/4D technology market is sub-segmented into media & entertainment, healthcare, consumer electronics, education, government, military & defense, construction and others. The media & entertainment industry held the largest market share among end-user segment. The core technologies regarding media & entertainment application are 3D animation and 3D cinema. The recent advancements in the 3D advertisements are also anticipated to drive the market demand. The inclination towards consumers’ experience for novel entertainment medium is also one of the major factors enhancing the 3D entertainment industry. This technology is not only limited to cinema, it is also used in various applications such as 3D navigation technology and 3D printing. The technology segment of global 3D/4D technology market is segmented into 3D sensors, 3D gaming, 3D transistors, 3D printer, 3D display, 3D imaging, 3D animation, 3D cinema and others. 3D display are further sub-segmented into 3D smartphone, 3D digital signage, head mounted display, 3D glass, 3D television, 3D projector and others. 3D technology in medical science has provided numerous opportunities for the market.
The major market players of global 3D & 4D technology market are:
Detailed analysis of these companies provided in this report comprises overview, SCOT analysis, product portfolio, strategic initiative and strategic analysis.
These companies use various strategies such as merger & acquisition, collaboration, partnership and product launching. For instance: In Sep 2016, HP Inc., declared the acquisition of Samsung Electronics for $1.05 billion.
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At Occams we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global 3D/4D technology market offers the longest chain of market segmentation covering major market segmentation based on technology and end users. The report tracks the major market trends in the global 3D/4D technology market such as growing adoption of 3D technology in wide application usage is enhancing the market. For each market segments covered in global 3D/4D technology market report, we provide opportunity matrix, and DROC analysis, that enable the clear growth assessment across each market segment. The report discusses competitive landscape of the 3D/4Dtechnology industry, with giving extensive strategy analysis of more than 15 companies. Moreover, the report discusses various models such as 360 degree analysis, See Saw analysis, and Porter five force model and so on. For the high level analysis in the report we provide a comparative analysis of historic and current year data.
Key findings of the global 3D/4D technology market: