The global 3D reconstruction market was calculated to be USD 756.7 million in 2020, and is predicted to arrive at USD 1,197.9 million by 2025, garnering a CAGR of 7.96% between 2020 and 2025.
What is 3D Reconstruction?
3D reconstruction is a procedure of capturing the shape and form of real-life objects. This process can be practiced using active or passive methods. This is technology that includes tools that provide a three-dimensional framework of the specific operation or product. These tools help project managers, site engineers, and site workers to clearly understand the product in a virtualized environment. 3D reconstruction combines traditional computer-aided design (CAD) and 3D modelling to design, visualize and simulate a digital representation of the physical and functional characteristics of a structure during its life cycle. These services and tools are widely used in a variety of industries, including manufacturing, healthcare, oil and gas, and retail.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country in the world, and the World Health Organization declared it a public health emergency. The global impacts of the coronavirus disease 2019 are already beginning to be felt and already had its significant effect on the 3D reconstruction market in 2020. The COVID-19 outbreak has had effects on many aspects, such as flight cancellations, travel bans and quarantines, closed restaurants, all indoor/outdoor events are limited, more than 40 countries have declared a state of emergency, massive drop in the supply chain, stock market volatility, decline in business confidence, growing panic among the population and uncertainty about the future.
Recent developments:
Market growth and trends:
3D reconstruction software segment to register the highest share in the coming days
Market Drivers and Restraints:
Strong public funding is a key factor that is expected to drive the growth of the global 3D reconstruction market. In addition, the increasing use in the entertainment industry of video games and theatrical films, the rising need for medical imaging, and advancements in technology are other factors that are increasing the growth of the market. However, the high cost of the technology and the lack of skilled professionals are factors that can hamper the growth of the market.
Market segmentation:
The growing call for 3D imaging in medical and healthcare applications due to the increasing need for in-depth analysis is playing a pivotal role for the adoption of 3D reconstruction in the healthcare industry. Also, 3D images improve accuracy by providing multiple views of the object that aid in various clinical areas, such as hip replacement, planning and verifying radiation therapy treatments, and spine surgery. This augmenting call for 3D imaging has supplemented the adoption of 3D reconstruction technology in applications like medical and healthcare.
Regional analysis:
On the basis of geography, the global 3D reconstruction market report covers data points for 28 countries across multiple geographies such as
In 2018, North America dominated the worldwide market with the presence of market giants and the early adoption of this technology in various end-user applications. Nonetheless, the Asia Pacific region is estimated to record the promising growth rate in this business in the next few years.
Key market players:
Some of the major players operating in the global 3D reconstruction market include Pix4D, Agisoft PhotoScan, Autodesk, RealityCapture, Acute3D, PhotoModeler, Photometrix, Elcovision, Vi3Dim Technologies, Paracosm, Matterport, Realsense (Intel), Mensi, Skyline Software Systems, Airbus, 4Dage Technology, Blackboxcv and Shenzhen Zhineng Shixian Technology, among others.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 3D Reconstruction Market, By Type
6.1.1 Software
6.1.2 Services
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 3D Reconstruction Market, By Application
6.2.1 Healthcare and Medical
6.2.2 Military and Defense
6.2.3 Security
6.2.4 Industrial
6.2.5 Architectural and Engineering
6.2.6 Media and Entertainment
6.2.7 Market Size Estimations & Forecasts (2019-2024)
6.2.8 Y-o-Y Growth Rate Analysis
6.2.9 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Application
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Application
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Application
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Application
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Application
8. Key Player Analysis
8.1 Pix4D
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Agisoft PhotoScan
8.3 Autodesk
8.4 RealityCapture
8.5 Acute3D
8.6 PhotoModeler
8.7 Photometrix
8.8 Elcovision
8.9 Vi3Dim Technologies
8.10 Paracosm
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
