3D/4D technology products are one such kind that provides such flexibility, even in the most complex work environments. Digital era has completely taken over traditional products with highly effective 3D platforms ruling the roost and increasing end user attractiveness. The use of this technology helps in generating important accurate information before the final production in order to avoid flawed outcome, thus, reducing production cost and time. Incorporating new and advanced products into the existing work environment in order to simplify a particular job, is becoming an important tool for enhancing business process efficiency.
The market for North America 3D/4D Technology is USD 42.79 Billion in 2015 and is estimated to reach USD 151.82 Billion by 2020 with a CAGR of 28.82% during the forecast period. U.S accounts a lions share and is the major contributor for North Americas growth followed by Canada and Others. Entertainment & Media industry holds a firm grip with various products being used and meeting consumers demand in countries like U.S followed by consumer electronics and others. 3D Displays (3D Televisions holds lions share) occupies a major share of the market with its top seeded performance and will continue to show its prominence during the forecast period followed by 3D Animation, 3D Cinema and Others.
The major factors driving the market are increasing applications of 3D printing as verticals like automotive and aerospace implementing this technology and increasing investments in R&D over the years with high – end innovations being a strong motivator and accelerating the market. The major opportunities which opens new avenues for companies are growing advancement in 4D technology, increasing usage of 3D Technology in Healthcare and increasing adoption of auto stereoscopic display in 3D advertising.
The market is segmented on the basis of products like 3D Sensors, 3D Integrated Circuits, 3D Transistors, 3D Printer, 3D Gaming, 3D Imaging, 3D Display (3D Television, 3D Smartphone, 3D Digital Signage, 3D Projector, 3D Glass, Head Mounted Display and Others), 3D Navigation, 3D Animation, 3D Cinema and Others. The major verticals adding value for the global market are healthcare, education, government, industrial, consumer electronics, entertainment & media and others. North America market is segmented by countries like U.S, Canada and Others. Companies associated with 3D/4D Technology market are 3D Systems corporation, Dolby Laboratories, LG Electronics Inc. Barco N.V, Samsung Electronics Co. Ltd. Autodesk Inc. Panasonic Corporation and Others.
