Technology advancement is growing at a surprising rate with revolution making rapid strides. 3D technology generates accurate information before the final production to avoid defective outcome. 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. Brazil is one of the biggest healthcare systems with usage of 3D technology to produce patient specific adaptive skull injuries. Countries like Uruguay is adding value to the regional growth with with high income households. 3D/4D technology products are one such kind that provides such flexibility, even in the most complex work environments.
Latin America 3D/4D Technology market holds in 2015 and is USD Billion and is estimated to reach USD Billion by 2020 with a CAGR of . 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 factors hampering the growth of the market are high product associated with costs and lack of 3D content hindering the growth and which companies need to focus on.
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. Latin America market is segmented by countries like Brazil, Mexico, Columbia, Chile, Argentina 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.
