3D Imaging Market Projected To Exhibit Robust CAGR of 18.2% For The Forecast Period From 2022 To 2030
Posted by Neha Bora on September 13th, 2022
San Francisco, 13 Sep 2022: The Report 3D Imaging Market Size, Share & Trends Analysis Report By Component (Software, Hardware, Services), By Deployment (On-premise, Cloud), By End-use, By Organization, By Region, And Segment Forecasts, 2022 - 2030
The global 3D imaging market size is expected to reach USD 115.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.2% from 2022 to 2030. The 3D imaging technology in the media and entertainment sector has been gaining momentum as the demand for 3D video games and theatrical films have risen tremendously over the years, acting as one of the key drivers in the market.
The COVID-19 pandemic significantly impacted the 3D imaging market. Lockdowns were implemented due to the pandemic that led to a temporary prohibition on import and export and manufacturing across multiple industries. The closure of manufacturing plants resulted in a significant loss of business and revenue for the regions under lockdown. The disruption in global supply chains negatively impacted the sales of products, delivery schedules, and manufacturing in the global market, which led to a notable drop in the sales of 3D imaging.
Mergers & acquisitions, agreements, and expansions are the key strategies adopted by the companies over the past years. For instance, in August 2021, FARO Technologies announced the acquisition of ATS AB, a Swedish-based company in 3D digital twin solution technology. The agreement will include the integration of ATS patented Traceable 3D system and software, which allows highly precise and reproducible 3D scans into the FARO Webshare Cloud system.
Access Research Report of 3D Imaging Market @ https://www.grandviewresearch.com/industry-analysis/3d-imaging-market
3D Imaging Market Report Highlights
List of Key Players in the 3D Imaging Market
Access Press Release of 3D Imaging Market @ https://www.grandviewresearch.com/press-release/global-3d-imaging-market
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About the AuthorNeha Bora
Joined: September 16th, 2019
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