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18-Dec-2023

3D Reconstruction Technology Industry Eyes US$ 2,450.4 Million Milestone with a 7% CAGR by 2033-FMI Study

3D Reconstruction Technology Industry

The predicted value of the global 3D imaging surgical solution industry size reconstruction technology in 2022 was US$1,164.2 million. FMI predicts the future performance of the market by looking at the current patterns.

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

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Last Updated: 18-Dec-2023