Global 3D Reconstruction Technology Market Size, Share, and COVID-19 Impact Analysis, By Component (Software, Services), By Type (Active 3D Reconstruction and Passive 3D Reconstruction), By Application (Education, Healthcare, Aerospace & Defense, Media & Entertainment, Construction & Architecture, Government & Public Safety, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Industry: Information & Technology

RELEASE DATE Sep 2024
REPORT ID SI4948
PAGES 250
REPORT FORMAT PathSoft

Global 3D Reconstruction Technology Market Insights Forecasts to 2033

  • The Global 3D Reconstruction Technology Market Size was Valued at USD 1.35 Billion in 2023
  • The Market Size is Growing at a CAGR of 11.58% from 2023 to 2033
  • The Worldwide 3D Reconstruction Technology Market Size is Expected to Reach USD 4.04 Billion by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

 

Global 3D Reconstruction Technology Market

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The Global 3D Reconstruction Technology Market Size is Anticipated to Exceed USD 4.04 Billion by 2033, Growing at a CAGR of 11.58% from 2023 to 2033.

 

Market Overview

3D reconstruction is the technique of rotating a 3D scene using photos from one or more views. In applications such as virtual reality, remote sensing, medical research, construction, surveying, telemetry, and others, 3D reconstruction technology has become indispensable as a component of digital image processing technology. The instruments that comprise 3D reconstruction technology offer a 3D prototype or framework for a particular process or product. With these designing tools, project managers, site engineers, and laborers virtually grasp the product and operation with greater clarity, reducing mistakes and maximizing production costs throughout the actual work process. In virtual and three-dimensional space, 3D reconstruction is used to replicate the shape and look of real objects. To generate the 3D shape of an object, it takes input data, such as 2D photographs taken from a specific angle or an actual object scan. One major element propelling the 3D reconstruction business is an increase in government funding. Additionally, the industry is expected to rise as a result of the increasing popularity of video games and theatrical movies. The growing need for heritage site restoration and protection is driving the 3D reconstruction technology market.

 

Report Coverage

This research report categorizes the market for the global 3D reconstruction technology market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global 3D reconstruction technology market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global 3D reconstruction technology market.

 

Global 3D Reconstruction Technology Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 1.35 Billion
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :11.58%
2033 Value Projection:USD 4.04 Billion
Historical Data for:2019 - 2022
No. of Pages:250
Tables, Charts & Figures:110
Segments covered:By Component, By Type, By Application, By Region
Companies covered:: Autodesk Inc., Preimage, PhotoModeler Technologies, NavVis, Pix4D SA, Intel Corporation, Bentley Systems, Incorporated, Agisoft LLC, Matterport, Inc., Skyline Software Systems Inc., Koninklijke Philips NV, 3DHISTECH Ltd., Vitestro, Others, and
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

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Driving Factors

In several industries, including buildings, museums, cultural asset maintenance, and industrial uses, 3D reconstruction technology is quickly taking the place of the traditional approach. While it is possible to preserve digital cultural assets, 3D restoration can be challenging. Since cultural heritage sites and objects differ from one another, the 3D reconstruction needs to be finished as completely as possible. 3D reconstruction based on aerial photographs can be used to precisely reconstruct sensitive sculptures. Thus, the rapidly expanding usage of 3D technology in management will drive growth in the global 3D reconstruction market during the forecast period.

 

Restraining Factors

One of the main factors restricting market growth is the rising costs of technology. Moreover, two factors obstructing the global market's growth throughout the projection period are the lack of knowledge about 3D reconstruction technology and the shortage of qualified workers.

 

Market Segmentation

The global 3D reconstruction technology market share is classified into component, type, and application.

  • The software segment dominates the market with the largest market share through the forecast period.

Based on the component, the global 3D reconstruction technology market is categorized into software and services. Among these, the software segment dominates the market with the largest market share through the forecast period. The 3D reconstruction software helps with medical treatment planning, simulation, and supervision. Applications for 3D scanning could be numerous and advantageous. With the help of an online 3D printing service like Sculpteo, it is utilized to produce a legitimate three-dimensional model and take advantage of 3D printing technology. Software for 3D reconstruction that is well-known includes Agisoft Metashape, MicMac, Context Capture, Reality Capture, Meshroom, 3DF ZEPHYR, and others.  

 

  • The active 3D reconstruction segment is anticipated to grow at the fastest CAGR growth through the forecast period.

Based on the type, the global 3D reconstruction technology market is categorized into active 3D reconstruction and passive 3D reconstruction. Among these, the active 3D reconstruction segment is anticipated to grow at the fastest CAGR growth through the forecast period. Active 3D reconstruction aims to choose tactile readings in a way that maximizes the accuracy of form reconstruction progress. Using limited sensory information, 3D reconstruction attempts to produce three-dimensional representations of objects and environments. Often, partial observations such as tactile readings, multiple-view RGB images, single-view RGB images, or depth maps are used to address it.

 

  • The construction & architecture segment accounted for the largest revenue share through the forecast period.

Based on the application, the global 3D reconstruction technology market is categorized into education, healthcare, aerospace & defense, media & entertainment, construction & architecture, government & public safety, and others. Among these, the construction & architecture segment accounted for the largest revenue share through the forecast period. Due to its ability to perform 3D surface prototyping, which helps with wear in machining tools diagnosis, measurement of the contact area between workpieces and milling cutters, real-time rail/wheel system monitoring, and non-destructive testing of cracks inside machine parts, the construction & architecture segment dominates the market. The long-span bridge's geometry and alignment, as well as the high-speed highway design, are improved by the 3D reconstruction.

 

Regional Segment Analysis of the Global 3D Reconstruction Technology Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global 3D reconstruction technology market over the predicted timeframe.

 

Global 3D Reconstruction Technology Market

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North America is anticipated to hold the largest share of the global 3D reconstruction technology market over the predicted timeframe. In North America, advanced infrastructure is driving the uptake of cutting-edge technologies, such as 3D reconstruction technology. The growing necessity of restoring historical sites is making it possible for public and commercial groups, governments, and educational institutions to get involved in these restoration projects. Over the projected period, initiatives such as these are anticipated to propel the expansion of the 3D reconstruction market in this region. One of the variables that might accelerate the adoption of 3D reconstruction technology is the region's growing crime rate. By generating a three-dimensional reconstruction of the crime scene, this technology can help law enforcement agencies solve cases.

 

Asia Pacific is expected to grow at the fastest CAGR growth of the global 3D reconstruction technology market during the forecast period. The region's growing demand for mobile mapping systems, the entertainment industry's explosive expansion, and the extensive application of 3D reconstruction methods in civil construction are all predicted to drive market growth. It helps the architecture and construction industries avoid disputes between the design plan and active work by minimizing communication gaps and coordinating deadlines. In Asia Pacific, the advent of drones and photogrammetry software is driving the market.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global 3D reconstruction technology market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Autodesk Inc.
  • Preimage
  • PhotoModeler Technologies
  • NavVis
  • Pix4D SA
  • Intel Corporation
  • Bentley Systems
  • Incorporated
  • Agisoft LLC
  • Matterport, Inc.
  • Skyline Software Systems Inc.
  • Koninklijke Philips NV
  • 3DHISTECH Ltd.
  • Vitestro
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In September 2022, 3D reconstruction start Preimage announced that pi Ventures would lead a seed fundraising round to raise INR 14 crore, or USD 1.7 Billion. The cash will be used by the 3D reconstructive start-up to expand its product development and increase hiring within the company. Additionally, the investment will develop a strong go-to-market offering for mapping and surveying using drones.

 

  • In May 2022, Vitestro, a Dutch medical robotics launch, unveiled a cutting-edge autonomous blood drawing apparatus. The novel apparatus integrates robotic needle insertion, artificial intelligence (AI), and ultrasound guidance for 3D reconstruction to guarantee accurate and safe blood collection.  

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global 3D reconstruction technology market based on the below-mentioned segments: 

 

Global 3D Reconstruction Technology Market, By Component

  • Software
  • Services

 

Global 3D Reconstruction Technology Market, By Type

  • Active 3D reconstruction
  • Passive 3D reconstruction

 

Global 3D Reconstruction Technology Market, By Application

  • Education
  • Healthcare
  • Aerospace & Defense
  • Media & Entertainment
  • Construction & Architecture
  • Government & Public Safety
  • Others

 

Global 3D Reconstruction Technology Market, By Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1.Which are the key companies that are currently operating within the market?
    Autodesk Inc., Preimage, PhotoModeler Technologies, NavVis, Pix4D SA, Intel Corporation, Bentley Systems, Incorporated, Agisoft LLC, Matterport, Inc., Skyline Software Systems Inc., Koninklijke Philips NV, 3DHISTECH Ltd., Vitestro, and Others.
  • 2.What is the size of the global 3D reconstruction technology market?
    The Global 3D Reconstruction Technology Market Size is Expected to Grow from USD 1.35 Billion in 2023 to USD 4.04 Billion by 2033, at a CAGR of 11.58% during the forecast period 2023-2033.
  • 3.Which region is holding the largest share of the market?
    North America is anticipated to hold the largest share of the global 3D reconstruction technology market over the predicted timeframe.

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