NEWARK, Del, June 09, 2023 (GLOBE NEWSWIRE) -- The global 3D Reconstruction Technology Market size in the year 2022 was valued at around US$ 1,164.2 million. FMI predicts the future performance of the market by analyzing the continuing trends.
As per the analysis, the net worth of total demand for 3D Reconstruction Technology services in the present year may reach US$ 1,245.65 million. It further predicts the 3D Reconstruction Technology market to register a CAGR of 7% from 2023 to 2033. By the end of this forecast period, the overall market valuation is expected to reach US$ 2,450.4 million.
3D Reconstruction Technology is traditionally deployed by Infrastructure and complicated machinery designing companies to get perspective before investing. However, in recent years the applications have expanded in many other industries with recent advancements. The rising trend for digital experiences and virtual imaging of actual monuments is expected to develop the market further.
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Top Highlights from FMI’s Analysis:
- The United States is the leading region for the adoption of 3D Reconstruction Technology in various industries. As per the survey reports in 2022, it contributed to more than 30% of the revenue generated by the global 3D Reconstruction Technology market.
- On the basis of the component, the 3D Reconstruction Technology software segment dominates over the services segment. This segment contributed to around 70% of the total market revenue in the year 2022.
- Based on type, the active 3D reconstruction technique is preferable to the passive 3D reconstruction technique. However, the passive segment constitutes a considerable share due to the insufficiency of infrastructure in many regions.
- Large enterprises still hold a substantial amount of the total demand for 3D Reconstruction Technology available in the market. Meanwhile, small and medium enterprises (SMEs) are gaining traction at a high annual rate of 7.8%.
- Application of 3D Reconstruction Technology in the construction & architecture segment is the leading segment with a market share of 25%. In recent years there has been significant growth in the application of 3D printing technologies in the healthcare sector.
Competitive Analysis:
Global 3D Reconstruction Technology businesses are working together with local and regional players to increase their customer base. It is also expected to help 3D Reconstruction Technology market key players to obtain an advantage over their competitors.
Since only a few prominent competitors are controlling sizable market shares, the 3D reconstruction industry is highly concentrated. This business has an edge that sets them apart thanks to its capacity for ongoing innovation in its field.
Major Players:
- Agisoft PhotoScan
- RealityCapture
- Acute3D
- Koninklijke Philips NV
- Vi3Dim Technologies
- Photometrix Photogrammetry Software
- Paracosm
- Matterport, Inc.
- Realsense (Intel) Corporation
- Mensi
- PhotoModeler Technologies
- Airbus S.A.S.
- Others
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Key Developments in this Market:
- RSIP Vision Company announced the launch of a tool for 3D reconstruction of the ureter in October 2022. It is a prominent company known for innovations in medical imaging by using computer vision solutions and AI.
- Skyline Software Systems Inc. partnered with a leading engineering and survey company in Japan to introduce a TerraExplorer. It is a cutting-edge 3D GIS desktop viewer for a high-resolution 3D view that was launched in Japan in July 2022.
- In September 2022, Preimage revealed a seed fundraising round in which the company might raise US$ 1.7 million. This 3D reconstruction startup is willing to expand the development of its product and increase sales across all departments.
Key Segmentations are:
By Component:
- 3D Reconstruction Technology Software
- 3D Reconstruction Technology Services
By Type:
- 3D Reconstruction Technology Based on 3D Reconstruction Software
- 3D Reconstruction Technology Based on Images & Video
- 3D Reconstruction Technology Based on 3D Scanning
By Construction Method:
- Active 3D Reconstruction
- Passive 3D Reconstruction
By Enterprise Size:
- 3D Reconstruction Technology for Large Enterprises
- 3D Reconstruction Technology for Small & Medium Enterprises (SMEs)
By Deployment Model:
- On-premise 3D Reconstruction Technology
- Cloud 3D Reconstruction Technology
By Application:
- Education
- Healthcare
- Automotive
- Aerospace & Defense
- Industrial Machinery
- Electrical & Electronics
- Media & Entertainment
- Construction & Architecture
- Media & Public Safety
- Culture Heritage & Museum
- Films & Game
- 3D Printing
- Drones & Robot
- Others
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Table of Content (ToC):
1. Executive Summary | 3D Reconstruction Technology Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Component, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Component, 2023 to 2033
5.3.1. Software
5.3.2. Services
5.4. Y-o-Y Growth Trend Analysis By Component, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Component, 2023 to 2033
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