3D Reconstruction Technology Market -Overview
The increase in image-based 3D modeling is projected to spur the 3D reconstruction technology market in 2020. The ICT industry reports are produced by Market Research Future, which highlights market options for expansion. A 23% CAGR is estimated to catapult incomes to USD 684 million by 2023.
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The rise in the use of 3D reconstruction technology for cultural heritage documentation is estimated to guide the development of the 3D reconstruction technology market stake in the impending period. Moreover, the significant rise in the use of technology in 3D printing, drones, and robots is estimated to create several opportunities for growth in the forecast period.
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 segmental evaluation of the 3D reconstruction technology market is conducted based on type, construction method, region, and application. Based on the construction method, the 3D reconstruction technology market is divided into active and passive. Based on the types, the 3D reconstruction technology market is segmented into 3D reconstruction software, based on 3D scanning and based on images & video. The application-based segment of the 3D reconstruction technology market consists of films & games, 3D printing, culture heritage & museum, drones, and robots. The segment of Computer-aided geometric design (CAGD) includes computer animation, virtual reality, computer vision, medical imaging, computational science, computer graphics, digital media, and others. Based on the regions, the 3D reconstruction technology market consists of North America, Africa, South America, Europe, the Middle East, and the Asia Pacific.
Detailed Regional Analysis:
The regional inquiry of the 3D reconstruction technology market includes regions such as North America, Africa, South America, Europe, the Middle East, and the Asia Pacific. It has been detected that the North American regional market is responsible for the principal segment in the 3D reconstruction technology market due to robust infrastructure, implementation of superior 3D technology in industries such as films & games, construction, 3D printing, drones, and robots. The market in the Asia Pacific region will appear as the fastest-growing region due to factors such as the growth potential and existence of main manufacturing hubs. The emerging economies from mounting nations such as China and other Southeast Asian countries are anticipated to be the core driving feature for the development of the 3D reconstruction technology market. The other factors, such as the accomplishment of 3D technology in a range of industry verticals such as gaming, construction, entertainment, healthcare is aiding the market augmentation.
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