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3D & 4D Technology Market Size, Share & Trends Estimation Report By Type (3D Sensors, 3D Integrated Circuits, 3D Transistors, 3D Printer, 3D Gaming), By Application (Entertainment, Consumer Electronics, Automotive, Construction, Industrial Manufacturing, Healthcare, Military & Defense, Others), By Region, And Segment Forecasts, 2023 - 2030
The global 3D & 4D Technology Market size was valued at USD 254.21 Billion in 2022 and is projected to reach USD 931.17 Billion in 2030, growing at a CAGR of 20.38% from 2023 to 2030.
3D & 4D Technology Market Overview:
3D and 4D Technology are gaining widespread acclaim for their increasing use in manufacturing, entertainment, and healthcare. They can be used in industrial, consumer, government or other applications. Over the past few years, 3D technology has gained popularity among the masses due to a significant increase in the number of 3D movies released. This is one of the drivers of the market, as 3D movies have captured the attention of consumers, resulting in increased demand for 3D TVs. Another newcomer to the entertainment industry is 4D cinemas, whose demand is growing rapidly. Applications in related fields and higher R&D investments are expected to drive market growth. However, limitations can be attributed to lack of awareness and acceptance, high cost of technology and limited options.
Globally, the market for 3D&4D technology products and applications is expected to show an upward trend in the next six years. Currently, due to the popularity of 3D movies, the animation and game industries occupy a large market share. 3D printing is another major segment of the market owing to its increasing use in various industrial applications, making it one of the key growth opportunity factors for this market. Some of the emerging 3D/4D technologies include 3D printing, architectural 3D rendering, real-time 3D, 4D printing, 4D bim, 4D in healthcare, and augmented reality.
3D & 4D Technology market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global 3D & 4D Technology market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The global 3D & 4D Technology market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
Significant 3D & 4D Technology Market Dynamics and Growth Factors:
Drivers: Growing demand for 3D and 4D technologies in the entertainment industry
In the entertainment industry, realistic movies with 3D and 4D dynamic pictures and interactive effects are very popular. With new developments in 3D animation and the rise of computer-based graphics, 3D has become the standard technique for special effects. In recent years, 3D animation in movies has become more popular than physical effects and hand-drawn animation in movies. Visual effects (VFX) are also widely used in movies to create more realistic environments. 4D technology is also increasingly being used in movies to provide an immersive multi-sensory movie experience.
According to the Motion Picture Association of America (MPAA) (USA), all 2D and 3D films worldwide grossed $41.8 billion and $42.2 billion in each region in 2018 and 2019, respectively. Worldwide 3D box office revenues were 16% and 15% respectively during the same period (or $6.8 billion and $6.5 billion, respectively). In 2020, there was a 1% decline due to the COVID-19 pandemic; however, from 2021 onwards, the market is expected to witness growth due to less stringent regulations related to the lockdown. Furthermore, more than 73,314 digital 3D screens were recorded in Asia Pacific in 2019. The increase in the number of digital 3D screens demonstrates the growing use of 3D technology in entertainment.
Hence, the growing demand for 3D and 4D technologies in the entertainment industry is one of the key drivers for the market growth.
Restraint: High maintenance costs for 3D and 4D imaging equipment
3D and 4D imaging devices, such as 3D and 4D sensors and cameras, are sensitive to dust, particles, impurities and vibrations. Slight disturbances can significantly affect image quality. Therefore, these devices require special care. The cost of 3D and 4D imaging depends on the size and complexity of the scanned 3D or 4D image, as well as the overall size and geometry of the equipment purchased.
In the consumer electronics industry, 3D and 4D image sensors are protected from dust and shock in robust, compact packages. Manufacturers need to spend money packaging equipment, which adds to the overall cost. On the other hand, high-end 3D and 4D image sensors such as medical imaging sensors have a limited lifetime. Expenses incurred for frequent maintenance or replacement can deter potential buyers.
The impact of this limitation, along with frequent advancements and upgrades, may lead to a decline in the adoption of 3D and 4D hardware.
Industry News
- June 2022 - As the first step in its plans to establish an orbiting satellite factory, the European aerospace corporation Airbus will send a metal-crafting 3D printer to the International Space Station next year. Metals that melt at temperatures of up to 2,100 degrees Fahrenheit can be used with the Metal3D printer. According to a statement from Airbus, it will be the first metal 3D printer on the space station and give astronauts the ability to produce tools and radiation shields.
- February 2022 - Huawei patented a smartphone that has a 3D camera with three sensors for skin health analysis. The phone can accurately measure faces and evaluate skin health from a portrait photo or a selfie taken with its primary camera.
The 3D & 4D Technology market research report is categorized based on type, applications and region.
Top Key Players include in the 3D & 4D Technology Market are
Samsung Electronics Co. Ltd., GE Healthcare, Hexagon AB, Autodesk, Inc., Sony Corporation, Dassault Systèmes, FARO Technologies, Inc., Stratasys Ltd., 3D Systems Corporation and others.
On the Basis of Type:
- 3D Sensors
- 3D Integrated Circuits
- 3D Transistors
- 3D Printer
- 3D Gaming
- Other Products
On the Basis of Application:
- Entertainment
- Consumer Electronics
- Automotive
- Construction
- Industrial Manufacturing
- Healthcare
- Military & Defense
On the Basis of Region:
With 35.6% of the market in 2021, North America had the largest share. During the forecast period, the market is expected to be led by North America. This is because 3D technology is being used quickly in many industries, such as the automotive, healthcare, education, and other fields. Aside from this, 3D gaming is becoming more and more popular, which is expected to help the market in this area. Several important industries have noticed this and are putting more resources into developing 3D and 4D solutions to meet the needs of end users. In the same way, 3D gaming has become more popular in the United States because 3D technology has gotten better and easier to use.
On the other hand, the Asia-Pacific region is expected to grow at an annual rate of 8.3% during the time frame of the forecast. Most developing countries, like India, China, and others, have a lot of potential for 3D imaging solutions because the industrial sector needs 3D technology more and more. The market in this area is expected to grow because of more construction and more ways to live.
Further the regions are divided into countries as follows
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Belgium
- The Netherlands
- Luxembourg
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia-Pacific
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
3D & 4D Technology Market report scope
Report Attributes |
Details |
Growth Rate |
CAGR of 20.38% during the forecast period. |
By Type |
3D Sensors, 3D Integrated Circuits, 3D Transistors, 3D Printer, 3D Gaming, Other Products |
By Application |
Entertainment, Consumer Electronics, Automotive, Construction, Industrial Manufacturing, Healthcare, Military & Defense |
By Companies |
Samsung Electronics Co. Ltd., GE Healthcare, Hexagon AB, Autodesk, Inc., Sony Corporation, Dassault Systèmes, FARO Technologies, Inc., Stratasys Ltd., 3D Systems Corporation and others. |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
The major key questions addressed through this innovative research report:
What are the major challenges in front of the global 3D & 4D Technology market?
Who are the key vendors of the global 3D & 4D Technology market?
What are the leading key industries of the global 3D & 4D Technology market?
Which factors are responsible for driving the global 3D & 4D Technology market?
What are the key outcomes of SWOT and Porter’s five analysis?
What are the major key strategies for enhancing global opportunities?
What are the different effective sales patterns?
What will be the global market size in the forecast period?
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