3D Motion Capture Market by System (Optical, Non-Optical) Type (Hardware, Software, Service), Application (Media and Entertainment, Biomechanical Research and Medical, Engineering & Design and Industrial, Education), Geography - Global Forecast to 2022
“The 3D motion capture market is likely to grow at a CAGR of 10.28% during the forecast period”
The 3D motion capture market is expected to reach USD 204.0 million by 2022, at a CAGR of 10.28% during the forecast period. The growth of the market is driven by various factors such as new technological innovations in the field of computer vision and 3D display technologies, real-time data access, and animations of desired quality and accuracy. However, the captured images through 3D motion capture systems are limited within the capture volume without extra editing of the data, which is one of the factors restraining the growth of this market.
“3D motion capture software expected to witness a high growth rate during the forecast period”
The 3D motion capture market for software is expected to grow at the highest CAGR between 2017 and 2022. The software is a mandatory part of the 3D motion capture system as it acts as an interface between different parts of motion capture system and helps in recording, cleaning up, pre-editing, post-editing, and reusing captured data. The availability of low cost 3D motion capture systems with few free accessible software, attribute to the high growth rate in the market.
“Media and entertainment application market expected to witness the largest market size in 2016”
The media and entertainment application in 3D motion capture market held the largest market size during the forecast period. The 3D motion capture systems are widely adopted for the purpose of broadcast, live shows, film production, and gaming. Moreover, 3D motion capture systems offer easy and real-time implementation of 3D motion capture data for creating and animating new characters and models, and hence would attain the largest market share.
“North America to dominate the 3D motion capture market; however, APAC expected to grow at the highest rate during the forecast period”
North America accounted for the largest share of the 3D motion capture market in 2016. This is attributed to the strong presence of major vendors of 3D motion capture systems and the wide adoption of 3D motion capture in this region. The 3D motion capture market in Asia-Pacific (APAC) is expected to grow at the highest CAGR between 2017 and 2022. This growth is attributed to the growing adoption of motion capture systems for various applications such as media and entertainment and biomechanical research and medical.
Following is the breakdown of the profile of the primary participants, in terms of the different parameters considered:
• By Company Type: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%
• By Designation: C-Level Executives – 65%, Managers – 25%, and Others – 10%
• By Region: North America – 35%, Europe – 30%, APAC – 25%, and RoW – 10%.
The key players operating in the 3D motion capture market includes Vicon Motion Systems Ltd. (U.K.), Qualisys AB (Sweden), Phoenix Technologies, Inc. (U.S.), Xsense Technologies B.V. (Netherlands), Motion Analysis Corporation (U.S.), OptiTrack (U.S.), Codamotion (U.K.), Phasespace, Inc. (U.S.), Synertial Labs Ltd. (U.K.), and Noraxon USA Inc. (U.S.).
In this report, various segments such as system, type, application, and geography have been covered. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. The report provides a detailed view of the market across four main regions: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The Porter’s five forces analysis has been included in the report, along with the description of each of its forces and their impact on the 3D motion capture market.
Reasons to Buy the Report:
• This report includes the market size/value (in USD million) pertaining to the 3D motion capture market on the basis of system, type, application, and geography.
• The Porter’s five forces analysis, value chain analysis, and key strategies adopted by the market players have been provided for the 3D motion capture market.
• Major drivers, restraints, opportunities and, challenges for the 3D motion capture market have been provided in detail in this report.
• The report includes the illustrative segmentation, analysis, and forecast of the 3D motion capture market based on its segments and subsegments.