Global 3D Motion Capture System Market Size study, By technology (Optical Systems and Non- Optical Systems), By Component (Hardware, Software and Services), by Application (Media and Entertainment, Biomechanical Research and Medical, Engineering & Design and Industrial Applications, Education and Others) and Regional Forecasts 2020-2027
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Product Code:
RP-ID-10328086 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
200 -
Category:
ICT & Telecom -
Publisher:
Pub-ID-14
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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Global 3D Motion Capture System Market is valued approximately USD 134.10 million in 2019 and is anticipated to grow with a healthy growth rate of more than 12.10 % over the forecast period 2020-2027. 3D Motion Capture System is referred as a process of recording movements of people or objects. It is widely used in sports, medical, entertainment, military applications and for the validation of robotics and computer visions. Generation of realistic and complex physical movements, real time data availability and good quality animation in less time are anticipated to drive the growth of the market during the forecast period. In addition, the advent of 3D gaming consoles and increase in the usage of cloud-based platforms are the few factors responsible for growth of the market over the forecast period. Furthermore, the introduction of new products and other strategic alliance by the market players will create a lucrative demand for the market. For instance: as per the Max Planck Institute in June 2020, a team of scientists at the Max Planck Institute Systems in Germany has introduced a new algorithm model named VIBE that enables more accurate and detailed estimates of 3D human motion from video than was previously possible. Also, VIBE works on a large -scale motion capture database developed at the institute that can be used for visualization, animation and generating training data for deep learning. Such advancements would drive the growth of the market over the forecast period of 2020-2027. However, specific hardware and software required for data processing and need for high-end processors are the major factors restraining the growth of global 3D Motion Capture System market during the forecast period.
The regional analysis of global 3D Motion Capture System market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share as the region is one of the most significant markets for 3D motion capture, due to the increasing adoption of advanced technologies in the entertainment, advertising, and medical industries. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Noitom
Northern Digita l(Ndi)
Optitrack
Vicon Motion System
Xsens Technologies
Motion Analysis
Motus Digital
Phasespace
Qualiysis
Simi Reality Motion Systems
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Optical Systems
Non- Optical Systems
By Component:
Hardware
Software
Services
By Application:
Media and Entertainment
Biomechanical Research and Medical
Engineering & Design and Industrial Applications
Education
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global 3D Motion Capture System Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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Noitom
Northern Digita l(Ndi)
Optitrack
Vicon Motion System
Xsens Technologies
Motion Analysis
Motus Digital
Phasespace
Qualiysis
Simi Reality Motion Systems