Market Dynamic
In the coming years, the 3D reconstruction technology market is set to expand, driven by growth in its use in the entertainment sector, mainly in video games & theatrical films. The growing demand for medical imaging is also expected to contribute significantly to market growth, alongside ongoing technological advancements providing a cushion for expansion.
However, the increase in the cost of technology poses a hindrance to market growth during this timeframe. In addition, a major obstacle depends on the shortage of skilled professionals, which may create a challenge to the market's significant growth in the coming future.
Yet, even after these challenges, opportunities abound with the growth in modernization offering potential avenues for the 3D reconstruction technology market's growth in the coming years. The intersection with the
3D Printing Market also presents new opportunities, as industries adopt hybrid workflows combining 3D scanning, modeling, and printing.
Research Scope and Analysis
By Component
Based on components, the 3D reconstruction market is segmented into software & services, with the software segment currently dominating in 2023 & set for significant growth in the forecast period. 3D reconstruction software plays an important role in medical treatments, improving accuracy in planning, simulation, & supervision. It also finds application in different areas, creating valid three-dimensional models for uses like 3D printing & visualization.
Further, the service segment is expected to undergo rapid development throughout the forecast period. Services offered contain photogrammetry, laser scanning, & structured light scanning. Photogrammetry gathers data by assessing differences in position between two images, utilizing advanced processing software & photo analysis to generate 3D coordinates. 3D laser scanning, which includes lasers to measure object geometry, is versatile, capturing 3D data regardless of surface characteristics or size, making it broadly applicable across different industries & settings.
By Type
The market is categorized by type into active & passive 3D reconstruction, where the active 3D reconstruction segment is the current dominant force, securing a substantial market share in 2023 & anticipated to expand in the forecast period. Active 3D reconstruction mainly selects tactile readings to enhance shape reconstruction accuracy, though they want frameworks for shape exploration that pose challenges for deep learning-based active touch models.
Moreover, the passive segment is anticipated to see major development throughout the forecast period, contributing to the growth of the
3D Imaging Market. Further, the growth in the use of 3D imaging technology in underwater applications drives this expansion, especially in monitoring marine life, surveying submerged artifacts, & mapping deep underwater areas. The popularity of multi-view 3D reconstruction in underwater photogrammetry depends on standard cameras capturing overlapping images, with reconstruction precision contingent upon photograph & texture quality, which highlights the diverse applications & changing landscape of 3D reconstruction techniques.
By Application
The market in terms of application is segmented into Construction & Architecture, Healthcare, Aerospace & Defense, Education, & Others. Among these, the Construction & Architecture segment takes the lead & is anticipated to continue growth. Its dominance stems from the versatility of 3D reconstruction, allowing tasks like wear diagnosis in machining tools, 3D surface prototyping, & real-time monitoring of rail/wheel systems.
Moreover, the
healthcare segment is set to experience rapid development, it is the fastest-growing sector, and the growth is attributed to the growing use of active 3D reconstruction in healthcare, mainly in surgeries & operations. Applications range from creating full-scale replicas of skulls for jaw or face reconstruction to using 3D reconstruction integrating with MRI technology for non-invasive visualization of complex structures like the brain, which highlights the diverse & impactful applications of 3D reconstruction technology in the changing landscape of healthcare.
The 3D Reconstruction Technology Market Report is segmented on the basis of the following
By Component
By Type
- Active 3D Reconstruction
- Passive 3D Reconstruction
By Application
- Construction & Architecture
- Healthcare
- Aerospace & Defense
- Education
- Others
Regional Analysis
North America leads the global market with a significant
36.7% market share, driven by its advanced infrastructure facilitating the growth in the adoption of advanced technologies, mainly 3D reconstruction, which primary focus of 3D reconstruction in North America depends on the medical sector, where it plays an important role in improving healthcare practices.
Moreover, Europe is anticipated to experience major growth in the coming years. With a well-developed infrastructure & a decent R&D foundation, the region is anticipated to be a major revenue contributor to the global market throughout the forecast period, which highlights Europe's position as a key player, leveraging its resources for continuous advancements in 3D reconstruction technology.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The 3D reconstruction market is dominated by a few key players holding substantial market shares. These companies prioritize ongoing product innovation & engage in mergers, partnerships, & acquisitions. Their consistent innovation in the field gives them a competitive edge, reinforcing their stronghold in the market.
In October 2022, RSIP Vision, a leader in advancing medical imaging through computer vision &
AI, introduced an advanced tool for 3D reconstruction of the ureter, which converts 2D fluoroscopic images of the ureter into a high-quality 3D model, empowering physicians with improved capabilities for procedural planning, diagnosis, & real-time navigation during medical procedures, which create a significant step in leveraging technology for enhanced precision & efficiency in urological interventions.
Some of the prominent players in the global 3D Reconstruction Technology Market are
- Pix4D SA
- BioVis3D
- 3DHistech Ltd
- Autodesk Inc
- NavVis
- ELCOVISION 10
- Agisoft
- Intel Corp
- Matterport Inc
- PhotoModeler Technologies
- Other Key Players
COVID-19 Pandemic & Recession: Impact on the Global 3D Reconstruction Technology Market
The COVID-19 pandemic & the following economic downturn have highly influenced the global 3D reconstruction technology market. With industries undergoing disruptions & financial constraints, the adoption of 3D reconstruction solutions faced challenges, as the pandemic-induced restrictions hindered on-site data collection, impacting the need for 3D scanning technologies.
However, as the world adapts to the new normal, there is an increase in recognition of the value of 3D reconstruction in different sectors like architecture, healthcare, & virtual events. Moreover, the market is expected to rebound as businesses seek innovative ways to improve digital experiences, streamline operations, & address changing needs in a post-pandemic landscape.
Report Details
| Report Characteristics |
| Market Size (2023) |
USD 1.3 Bn |
| Forecast Value (2032) |
USD 2.4 Bn |
| CAGR (2023-2032) |
7.4% |
| Historical Data |
2017 - 2022 |
| Forecast Data |
2023 - 2032 |
| Base Year |
2022 |
| Estimate Year |
2023 |
| Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
| Segments Covered |
By Component (Software and Services), By Type
(Active 3D Reconstruction and Passive 3D
Reconstruction), By Application (Construction &
Architecture, Healthcare, Aerospace & Defense,
Education, and Others) |
| Regional Coverage |
North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
|
| Prominent Players |
Pix4D SA, BioVis3D, 3DHistech Ltd, Autodesk Inc,
NavVis, ELCOVISION 10, Agisoft, Intel Corp,
Matterport Inc, PhotoModeler Technologies, and
Other Key Players |
| Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively. |