3d reconstruction is the creation of three-dimensional models from a set of images by capturing the shape and appearance of the real object. Market Research Future has recently availed a report asserting the global 3d reconstruction technology market is anticipated to reach USD 648 Mn by the end of 2023 and expand at an impressive CAGR of 23% during the forecast period of 2017-2023.
Market Drivers and Restraints:
The increasing application of 3d reconstruction technology in multiple industries such as aerospace and defense, healthcare, education and research, consumer products, industrial products, automotive industry and others, is inducing huge demand for the 3d reconstruction technology in the global market. The increasing adoption of 3d technology for the creation of films and games, for maintenance of cultural heritage and museums, for production of drones and robots, for 3d printing and others, is acting as one of the major factors fueling the expansion of the global 3d Reconstruction Technology Market. The application of 3d technology in automotive industry and construction sector for designing, previewing and rectifying the final version of the end products, is driving the global 3d reconstruction technology market towards higher verticals. Along with this, the growth of the global 3d reconstruction technology market has been further accelerated by the introduction of low-cost 3d reconstruction solutions in the global market. The commercialization of 3d technology through entertainment sector is further fueling the expansion of the global 3d reconstruction technology market. The increasing inclination towards three-dimensional graphics in virtual gaming, films, medical imaging and others is fueling the rapid expansion of the global 3d reconstruction technology market.
However, the lack of infrastructure to support various 3d reconstruction devices is likely to act as a restraint to the expansion of the global 3d reconstruction technology market.
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Some of the prominent players in the global 3D reconstruction technology market: Pix4D (Switzerland), Agisoft PhotoScan (the Netherlands), Autodesk (U.S.), Acute3D/Context Capture (Now part of Bentley Systems) (U.S.), PhotoModeler/Eos Systems Inc. (Canada), Photometrix, Elcovision/PMS AG (Australia), Matterport (U.S.), 4Dage Technology (China), Shenzhen Zhineng (China), Shixian Technology (China) and others.
Global 3d Reconstruction Technology Market: Segmental Analysis
The global 3d reconstruction market has been segmented on the basis of construction method, type and application. On the basis of construction method, the 3d reconstruction technology market is segmented into active method and passive method. Among these methods, the passive construction method is anticipated to project high growth in the global 3d reconstruction technology market due to the wider application range of this method.
By type, the 3d reconstruction technology market has been segmented into 3d reconstruction software, based on images and videos and based on 3d scanning.
On the basis of application, the 3d reconstruction technology market has been segmented into cultural heritage and museums, films and games, 3d printing, drones and robots, computer-aided geometric design (CAGD), computer graphics, computer animation, computer vision, medical imaging, computational science, virtual reality, digital media and others.
Detailed Regional Analysis:
The global 3d reconstruction technology market is segmented into four major regions such as Asia-Pacific (APAC), North America, Europe and the rest of the world. Owing to the rapid adoption of advanced technology in industries such as films and games, construction, robotics and others, the North America region accounts for the largest market share in the global 3d reconstruction technology market. Whereas, Asia-Pacific region is anticipated to project fastest growth rate in the global 3d reconstruction technology market due to the rapid technological development in the emerging economies, such as India and China, in this region. The diverse implementation of 3d reconstruction technology in various industries such as construction, healthcare, and others is anticipated to fuel the growth of the 3d reconstruction technology market in the rest of the world.
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