3D
reconstruction technology Market Size and Growth Rate:
The global 3D reconstruction
technology market is expected to reach USD 684 Million by the end of 2023, expanding
at an impressive CAGR of 23% during the forecast period of 2017-2023.
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3D
reconstruction technology Market Overview:
3D reconstruction technology is a
process used for capturing the shape and look of real objects. This process can
be executed either by using quick or passive methods. If the model changes its
shape in time, this is referred to as non-rigid or spatiotemporal
reconstruction.
3D
reconstruction technology Market Drivers and Restraints:
The growing application of 3D
reconstruction technology in multiple industries such as aerospace and defense,
healthcare, education, consumer products, industrial products, automotive industry,
and others, is inducing tremendous demand for this technology in the global
market. The increasing adoption of 3D technology for the creation of movies and
games, for maintenance of cultural heritage and museums, for generation of
drones and robots, for 3D printing and others, are acting as some of the main
factors fueling the expansion of the global market.
However, the lack of awareness and
high cost of installation and maintenance could possibly act as restraining
factors for the world market in the coming years.
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3D
reconstruction technology Market
Geographical Segmentation:
Globally, the market has been spread
among the regions of North America. Europe, Asia Pacific. Middle East and
Africa, and Latin America. It has been observed that North America region
accounts for the highest share in the global 3D reconstruction technology
market, owing to well-established infrastructure, adoption of advanced 3D
technology in industries such as construction, movies & games, 3D printing,
drones, and robots. Asia Pacific region will rise as the fastest growing region
owing to factors such as the strongest growth potential and the presence of a
major manufacturing hub. Emerging economies from this region such as China and
Southeast Asian countries are expected to be the main driving factors for the
growth of the market. Other factors such as the implementation of 3D technology
in various industry verticals such as entertainment, construction, gaming, and healthcare,
are aiding the market growth
Major
key Players of 3D reconstruction technology Market:
Some of the prominent players in the
global 3D reconstruction technology market are
Pix4D (Switzerland), AgisoftPhotoScan (the Netherlands), Autodesk
(U.S.), Acute3D/Context Capture (Now part of Bentley Systems) (U.S.),
Photometrix, Elcovision/PMS AG (Australia), Matterport (U.S.), PhotoModeler/Eos
Systems Inc. (Canada), 4Dage Technology (China), Shenzhen Zhineng (China),
Shixian Technology (China), and others.
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