The 3D reconstruction market is witnessing an increased demand from various industries including automotive and healthcare. 3D reconstruction technologies aid in creating digital and 3D models from existing images or raw scanning data. They are widely utilized in automotive applications such as ADAS calibration, prototyping new vehicle models and crash simulation. In the healthcare domain, 3D reconstruction finds usage in implant placement surgeries, dental treatments and medical imaging.
The global 3D Reconstruction Market is estimated to be valued at US$ 1027.92 Mn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Increased demand from automotive industry for advanced driver-assistance systems and autonomous vehicles has boosted the adoption of 3D reconstruction software. 3D reconstruction plays a vital role in developing accurate digital maps required for navigation in self-driving cars. It helps automate the process of generating 3D models of road environments from 2D camera and LiDAR point cloud data. Leading automakers are heavily investing in 3D reconstruction technology to enhance ADAS calibration and testing procedures. The technology also finds applications in digitizing existing vehicle models for simulation-led product development and crash-testing. These factors are expected to drive the demand from automotive vertical, thereby propelling the overall 3D reconstruction market growth over the forecast period.
Segment Analysis
The global 3D Reconstruction market is dominated by reconstruction s/w segment which accounted for over 42% share in 2023 owing to high usage of 3D reconstruction s/w in various industries like healthcare, media and entertainment, public safety for creating and analyzing 3D models from different source of data. The hardware segment is the fastest growing segment growing at around 8% CAGR during the forecast period due to increasing need for high performance hardware required for complex 3D reconstruction process.
Key Takeaways
The Global 3D Reconstruction Market Size is expected to witness high growth at a CAGR of 6.1% during the forecast period of 2023 to 2030 to reach a market size of US$ 2093 Mn by 2030 from US$ 1027.92 Mn in 2023.
Regional analysis
North America region currently dominates the 3D Reconstruction market holding around 35% share majorly due to presence of established players and growing adoption of 3D reconstruction technologies across various industries in the US and Canada. However, Asia Pacific region is expected to witness highest growth during the forecast period at a CAGR of around 8% due to increasing demand from manufacturing, healthcare and media & entertainment industries from major countries like China and India.
Key players
Key players operating in the 3D Reconstruction market are DENTSPLY Implants, Straumann AG, Bicon Dental Implants, Anthogyr, KYOCERA Medical Corporation, Lifecore Dental Implants, Zest Anchors, Implant Innovations Inc, BioHorizons IPH, Inc., Neobiotech USA. Inc., Sweden & Martina, TBR Implants Group, Global D, and MOZO-GRAU, S.A. DENTSPLY Implants and Straumann AG captured around 25% of the total market share in 2023.
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Comprehensive Analysis of Global 3D Reconstruction Technology Market ReportThe Global 3D Reconstruction Technology market research report provides an insightful analysis of the current market, along with a futuristic perspective on the growth of the market.
The aim of this report is to provide beneficial information to clients, market players, and stakeholders and assist them in making fruitful business decisions according to the information provided.
The report offers valuable insights into the market size, market share, revenue, sales volume, and CAGR.
The information offered by the report gives an idea about the scope, potential, and profitability of the market.The recent COVID-19 pandemic has drastically changed the dynamics of the market and resulted in an economic slowdown.
The report covers an impact analysis of the pandemic on the overall market.
The report also consists of the present and future impact of COVID-19 on the market.Get a Free Sample PDF Report to understand our report before you purchase:https://www.reportsanddata.com/sample-enquiry-form/868Leading Companies operating in the Global 3D Reconstruction Technology Market:NeurotechnologyVi3dimPhenom-WorldEos Systems Inc.Replay TechnologiesEverest Innovation Technology3D ReconstructionTRICUBICSNAVVISMicrosoftAmazonClarifaiSighthoundThe Global 3D Reconstruction Technology Market is witnessing a tremendous growth owing to the rapidly rising demands, a surge in industrialization, consumer awareness, emerging industries, and technological advancements.
