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Plenoptic Camera Market 2019 Global Analysis with Industry Growth, Size, Share, Future Trends, New Applications, Emerging Technologies, Demand, Leading Players and Opportunity Assessment By 2023

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Plenoptic Camera Market 2019 Global Analysis with Industry Growth, Size, Share, Future Trends, New Applications, Emerging Technologies, Demand, Leading Players and Opportunity Assessment By 2023

September 17
14:06 2019
Plenoptic Camera Market 2019 Global Analysis with Industry Growth, Size, Share, Future Trends, New Applications, Emerging Technologies, Demand, Leading Players and Opportunity Assessment By 2023

” Plenoptic Camera Market “
The global plenoptic camera market is anticipated to touch a size of USD 2108.5 million by 2023, as per MRFR. It is touted to exhibit 18% CAGR from 2017 to 2023 (forecast period).

Market Outlook

Plenoptic cameras are special cameras which allow the image to be focused on any specific region after being captured. They are also known as light-field cameras. The emergence of social media has evoked the need for high resolution quality images and triggered the need for special cameras which will be filled by plenoptic cameras. The global plenoptic camera market report by Market Research Future (MRFR) comprises trends and insights keeping in consideration the segments, sub-segments, and regions.

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 The use of these cameras for capturing the object from various perspectives and merging them according to needs of clients is expected to be the biggest driver of the market. The travel and tourism industry is projected to spur the demand for these cameras. This can be attributed to efforts by nations to promote their hospitality sector. Campaigns and celebrity advertisements coupled with growing wanderlust of consumers is likely to fuel the plenoptic camera market.

The focus towards adventure sports is likely to be a catalyst for market growth. The high disposable income levels have increased the purchasing power of consumers giving them time for considering plenoptic cameras which are specific in their purpose unlike digital cameras.

Competitive Outlook

Prominent names in the global plenoptic camera market include Lytro Inc, Apple Inc., Panasonic Corporation, Pelican Imaging Corp., Sony Corporation, Canon Inc, OTOY Inc., Rebellion Photonics Inc., Raytrix GmbH, Samsung Electronics Co. Ltd., and others. Focus on technological developments, industry expertise, and product differentiation are some of the strategies employed by these players to gain leverage over the competition.

Industry News

In 2019, the VOXEL project funded privately by the European Union (EU) have developed an innovative imaging technique for capturing three-dimensional images without relying on X-rays. Plenoptic imaging makes use of the cameras named after its technique for capturing images from 3D cameras without the risk of emitting radiation normally associated with X-rays. The application of plenoptic imaging in major hospitals for attaining images of blood vessels and other inherent structures can disrupt the global market.

Segmentation Analysis

The global plenoptic camera market is segmented by product and application.

By product, it is segmented into coded aperture camera, focused plenoptic camera, and standard plenoptic camera. The standard plenoptic camera segment is likely to generate significant market revenue owing to its use in close-range applications.

By application, it is segmented into industrial, enterprises, and consumers.

Browse Complete Report Details @ https://www.marketresearchfuture.com/reports/plenoptic-camera-market-7518

Regional Analysis

Europe, Asia Pacific (APAC), North America, and Rest-of-the-World (RoW) are major regions considered in the plenoptic camera market report.

The APAC region is projected to lead in the market due to presence of manufacturers such as Panasonic, Sony, and Canon. It is driven by the impending need for high resolution cameras required by end-users. The use of plenoptic cameras in industrial and enterprise sectors is bound to drive the regional market growth.

On the other hand, North America is expected to be the second-best in revenue generation after APAC thanks to need for special cameras and high expendable income levels of consumers. In addition, the rising number of traffic accidents and collisions have prompted automotive manufacturers to embed cameras to alert drivers. The cameras are capable of recording spatial and angular information and can capture views from multiple perspectives

Europe can contribute significantly to the plenoptic camera market due to the high level of tourism and abundance flocking of travelers due to various tourist spots. The high GDP of European countries and disposable income levels of consumers are factors which can induce market demand.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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