According to the latest report by IMARC Group, titled “3D Motion Capture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global 3D motion capture market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.What are the growth prospects of the 3D motion capture Industry?
The global 3D motion capture market size reached US$ 193.1 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 316.0 Million by 2028, exhibiting a growth rate (CAGR) of 10.6% during 2023-2028.
Three-dimensional or 3D motion capture represents specialized systems that are designed for recording the total movement of individuals or objects in 3D by using an extensive array of accelerometers and motion sensors. It can be categorized into optical 3D motion capture systems and non-optical 3D motion capture systems, which mostly consist of several devices, including high-quality cameras, sensors, communication equipment, accessories, etc.
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3D motion capture solutions can capture the real-time motion and highly complex movements of the subject to acquire the desired level of animation in multiple fields. They aid in reducing inconsistencies and enhancing the accuracy of mapping products. Consequently, 3D motion capture technologies find widespread applications across various sectors, such as media and entertainment, education, sports, biomedical research, construction, architecture, manufacturing, healthcare, etc.
Market Trends & Drivers
The shifting preferences toward animation movies, science-fiction content, and video games with realistic graphics are among the key factors driving the 3D motion capture market. In addition to this, the escalating use of the system in sports and allied activities for training athletes, reviewing performance, analyzing injury processes, etc., is further catalyzing the global market.
Besides this, the expanding popularity of 3D motion capture to offer alternative training methods in medical studies, diagnosis, posture analysis, rehabilitation, treatment of physical conditions, etc., is acting as another significant growth-inducing factor. Moreover, the launch of numerous favorable policies by government bodies across the globe aimed at developing art studios for visual effects is also positively influencing the market growth. Apart from this, the increasing usage of machine learning (ML) and artificial intelligence (AI) for creating realistic animations without any extensive equipment, including reflective markers and multi-camera systems, is expected to propel the 3D motion capture market over the forecasted period.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AIQ Synertial Ltd., Codamotion-Charnwood Dynamics Ltd., Motion Analysis Corporation, Noraxon USA Inc., Northern Digital Inc, OptiTrack (NaturalPoint Inc.), PhaseSpace Inc., Phoenix Technologies Inc., Qualisys AB, Vicon Motion Systems Ltd. and Xsens Technologies BV.
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Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Type:
Hardware
Software
Service
Breakup by Application:
Media and Entertainment
Biomechanical Research and Medical
Engineering and Design
Industrial
Education
Others
Breakup by System:
Optical 3D Motion Capture Systems
Non-Optical 3D Motion Capture Systems
Regional Insights:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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