The global 3D reconstruction technology market is estimated to reach USD 1,245.65 million in the year 2023. As per the future projections by FMI, it is likely to register a CAGR of 7% through the years until 2033 and the net valuation of the market is expected to be worth USD 2,450.4 million by 2033.
The emergence of developing virtual concepts has progressed the technologies that can precisely rebuild three dimensions from picture data. Meanwhile, the increasing usage of 3D building tools for preserving and repairing historical sites is regarded to have popularized the industry.
The pandemic restrictions during the second half of the survey period had a minimal effect on this market. However, some segments, such as 3D applications in building and construction, were severely affected. In addition to this, many applications were more or less in a developing stage at that time. Therefore, numerous market opportunities for the technology were available during the post-pandemic period. Owing to this, the global account of 3D reconstruction technology services is projected to expand at a significant rate than before.
| Attributes | Details |
|---|---|
| Global 3D Reconstruction Technology Market Share (2022) | USD 1,164.2 million |
| Global 3D Reconstruction Technology Market Size Value (2023) | USD 1,245.65 million |
| Global 3D Reconstruction Technology Market Size Value (2033) | USD 2,450.4 million |
| Global 3D Reconstruction Technology Market Growth Rate (2023 to 2033) | 7% |
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The global 3D reconstruction technology market reached a valuation of USD 1,164.2 million by the end of 2022. During the years between 2018 and 2022, the overall market witnessed an absolute growth of USD 369 million. The primary factor for the sudden growth in market valuation is its wide applicability in numerous sectors.
The 3D reconstruction technology software segment witnesses a great market share of up to 70%. The software segment is expected to remain at the leading position as it helps in the accuracy and optimization of the whole process. Agisoft Metashape, MicMac, and 3DF ZEPHYR are some popular software for 3D reconstruction that are poised to contribute remarkably.
Over the forecast period, this segment is projected to register a year-on-year growth rate of 6.5%. Meanwhile, the surging demand for 3D reconstruction has significantly propelled the services segment in recent years. 3D reconstruction technology services are gaining traction, particularly in small-scale industries that don't have sufficient funds for maintaining dedicated 3D software.
The 3D reconstruction technology services business is currently progressing at an average annual rate of 8%. Photogrammetry, laser scanning, and structured light scanning are some popular applications expected to contribute greatly to segment growth at this rate through 2033.
Active 3D reconstruction is the preferred technique for many end users for high accuracy. This segment acquired a market share of more than 65% in 2022 and is poised to register a CAGR of 6.3% through 2033. However, the insufficiency of proper frameworks for scanning the shapes is expected to divert demand for the passive 3D reconstruction segment.
FMI finds the passive 3D reconstruction technique is currently garnering a growth rate of 8.2%. Particularly the use of the passive technique for underwater applications is growing and is poised to boost the segment in the future.
Due to the high cost of 3D printing technology, traditionally, its applications have remained particularly limited within giant enterprises. Large enterprises still dominate the overall market by creating an average demand for 3D reconstruction services of up to 60%. According to the FMI analysis, this segment is anticipated to witness a growth rate of 6.5% through 2033.
Small and medium enterprises, on the other hand, are rapidly adopting 3D reconstruction technology by getting aware of its long-term benefits. Currently, this segment is growing at a notable rate than its counterpart and might expand by 7.8% through 2033.
Initially, on-premise deployment of 3D reconstruction technology was the prominent mode for many end-use industries. However, on-premise deployment is getting unpopular day by day because of its high cost of maintenance. During the forecast years, this segment is projected to secure an average annual rate of 6%.
Cloud-based services have witnessed remarkable growth in the last few years owing to high flexibility and overall low cost. So, currently, the end-use industries prefer on-cloud 3D reconstruction technology more than the on-premise segment. In 2022, the on-cloud segment was capturing a market share of nearly 70% and registered a CAGR of 7.7%.
In 2022 and the preceding years, the use of 3D reconstruction technology in the construction & architecture segment was more than 25% on average. In the coming years, this segment is expected to remain the leading revenue generator for the studied market. As per the FMI market estimates, this segment is expected to thrive at a CAGR of 7.5% from 2023 to 2033. Non-destructive diagnosis of wear and prototyping of structures and machines are regarded to be the crucial advantages of 3D application in this segment.
Recent advancements have enabled demanding and satisfying applications of 3D printing technology in the healthcare sector. This segment is observed to be advancing at an annual CAGR of 8.3%, which is also expected to continue over the next ten years.
For instance, a sophisticated automated blood drawing gadget was introduced in May 2022 by a medical robotics firm named Vitestro in the Netherlands. The novel gadget ensures accurate and secure blood collection by combining robotic needle insertion, AI, and ultrasound-guided 3D printing. Such lifesaving innovations are encouraging more and more entrepreneurs towards 3D reconstruction technology these days.
Principal Consultant
North America is the regional market with a notable demand for 3D reconstruction technology in comparison to other geographic divisions. As per the survey report, it acquired a regional market share of over 35% in the preceding years up to 2022.
The United States is the leading country with more significant contributions than any other country. Its well-developed infrastructure for 3D technology is prominently used for medical purposes. For instance, a 3D-printed live tissue for ear repair was conducted in June 2022 in the United States.
3D reconstruction technology service providers based in countries of Europe are projected to experience a CAGR of 7.5% through 2033. Besides the healthcare sector, countries in Europe are mainly implementing 3D reconstruction technology to achieve sustainable development goals.
Germany and the United Kingdom are rallying ahead in the deployment of 3D reconstruction technology services for various end-use purposes. France, Italy, and Netherlands are also anticipated to follow up in the coming years and strengthen the Europe market through 2033.
Presently, the market is fairly consolidated despite the presence of several companies operating at the regional level. It is expected to stay the same as only some players have successfully established a business of scale until now. However, increasing competition is predicted in the coming decade as many new companies are emerging in the market.
The start-ups with high capital are spending on adopting updated technologies with great success rates. Regional players have resorted to collaborations and increased their capital to compete at the global level as well. While less known players have also accepted the subsidiary of global leaders in 3D technology to get the benefit of the technology.
The rivalry among 3D reconstruction technology-providing businesses has increased as players invest extensively in research and development operations. Furthermore, to include cutting-edge technology in 3D reconstruction used for medical and defense applications, key players are upgrading continuously.
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China's Bacteriophage market contributes roughly 6.8% of the global revenue.
In terms of value, the technology demand could be USD 1,245.65 million in 2023.
The overall market is projected to follow a growth rate of 7% through 2033.
The United States occupied about 35% of the overall market demand in 2022.
The software segment constitutes almost 70% of the total market business.
1. Executive Summary | 3D Reconstruction Technology Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component 5.1. Software 5.2. Services 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 6.1. Active 3D reconstruction 6.2. Passive 3D reconstruction 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Enterprise Size 7.1. Large Enterprise 7.2. SMEs 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Deployment Model 8.1. On-premise 8.2. Cloud 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 9.1. Education 9.2. Healthcare 9.3. Aerospace & Defence 9.4. Media & Entertainment 9.5. Construction & Architecture 9.6. Government & Public Safety 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. South Asia 10.5. East Asia 10.6. Oceania 10.7. MEA 11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 17. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 18. Key Countries Market Analysis 19. Market Structure Analysis 20. Competition Analysis 20.1. Autodesk Inc. 20.2. EOS imaging 20.3. NavVis 20.4. Pix4D SA 20.5. Bentley Systems, Incorporated 20.6. Skyline Software Systems Inc. 20.7. 3DHISTECH Ltd. 20.8. BioVis3D 20.9. Reconstruct Me 20.10. ELCOVISION 10 21. Assumptions & Acronyms Used 22. Research Methodology
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3D Reconstruction Technology Market
