The Global 3D Motion Capture Systems Market was $145 million in 2019, and it is expected to reach $340 million by 2026. It is eventually growing at a commendable high compound of annual growth rate CAGR of 12.5% between 2020-2026. Market of 3D motion capture systems are expected to get positive growth due to the current pandemic of COVID-19 going on. This is because where all entertainment industry is suffering due to lockdown, animation movies or series have seen a good growth. The 3D Motion Capture Systems Market are majorly driven by some of the factors such as rising demand for advanced technology in 3D motion capture system to record the movement of subject and reduction in implementation cost for the 3D motion capture. The preference towards high quality 3D animation is also expected to boost the market growth. Moreover, increasing demand for real-time data recording with extraordinary temporal accuracy spatial across the globe is also projected to trigger the growth of the 3D motion capture systems market in the forecast period. In addition, increasing research and development of computerized methods of 3D motion processing is also anticipated to propel the market in the coming forecast period.
Global Optical 3D Motion Capture System Segment Is Estimated to Witness Remarkable Growth
Source: SAI Research
The global 3D Motion Capture Systems Market has been segmented into Type, System, and Application. By type, the global 3D Motion Capture Systems Market is divided into Hardware, Software, and Services. By system, the global 3D Motion Capture Systems Market is divided into Optical 3D Motion Capture Systems, and Non-optical 3D Motion Capture Systems. By Application, the global 3D Motion Capture Systems Market is divided into Media and Entertainment, Animation, Movement Science, Biomechanical Research and Medical, Engineering and Design Industrial, Education, Others. The optical 3D motion capture system segment is estimated to witness remarkable growth owing to rising investments in the development of film studios and live shows.
By Region, North America is Holding the Major Market Share
The global 3D Motion Capture Systems Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, and Africa. In addition to this, North America 3D Motion Capture Systems Market are holding the largest market share currently and are estimated to show the fastest compound annual growth rate in the upcoming forecast period due to factors such as increasing awareness of 3D motion capture in multiple events or sports such as FIFA, and Olympics. Another factor driving the North American market is the presence of major vendors of 3D motion capture systems in the region. Moreover, North America is a quick adopter of new technologies as compared to the other areas. These factors affect the North America 3D Motion Capture Systems Market positively in the forecast. The Asia Pacific market is expected to register a decent CAGR in the global market over the forecast period due to the increasing adoption of 3D motion in animations, gaming consoles, and films. Europe and LAMEA are also expected to show significant growth over the forecast period from 2020 to 2026.
Major Players in Global 3D Motion Capture Systems Market
Some of the key players in the global 3D Motion Capture Systems Market include Vicon Motion Systems Ltd., Charnwood Dynamics Ltd, Qualisys AB, OptiTrack, Xsense Technologies B.V., Motion Analysis Corporation, Codamotion, Phasespace, Inc., Synertial Labs Ltd., Phoenix Technologies, Inc., and Noraxon USA, Inc.
The Global 3D Motion Capture Systems Market Has Been Segmented into:
Global 3D Motion Capture Systems Market: By Type
Global 3D Motion Capture Systems Market: By System
Global 3D Motion Capture Systems Market: By Application
Global 3D Motion Capture Systems Market: By Region