The global 3D reconstruction market is projected to grow at a considerable CAGR of around 8% during the forecast period (2020-2026). 3D reconstruction technology can be used in many applications that art analysis and restoration, phenotype analysis, film, art analysis and restoration, and designing of game graphics, among others across the end-users. The high adoption of 3D reconstruction technology in the maintenance of cultural heritage and museums, 3D printing, films & games, and robots among others is a key factor contributing towards the growth of the global 3D reconstruction market. 

3D reconstruction facilitates in preserving cultural architecture, biofacts or ecofacts, artifacts, and cultural landscapes, by capturing their exact shape and appearance. Looking towards this, the Indian Government had instituted the National Heritage City Development and Augmentation Yojna under which Delhi's Karnataka's Hampi and Pattadakal group of monuments, Humayun's Tomb, Maharashtra's Elephanta Caves, and Odisha's Konark Temple for skill development are chosen for the renovation purpose. The cohesive government initiatives for heritage preservation are anticipated to accelerate the growth of the market. However, high maintenances costs and high energy consumption are some factors that may restrict the growth of the global 3D reconstruction industry. 

Segmental Outlook  

The global 3D reconstruction market is classified on the basis of type and end-user. Based on type, the market is segmented into software and service. Based on type, the software segmented is anticipated to hold considerable market share. Based on end-user, the market is segmented into manufacturing, aerospace and defense, healthcare, media & entertainment, and others. The increase in the demand for 3D images in the medical and healthcare applications due to increasing need for insights for in-depth analysis is a key contributor to the growth of the 3D reconstruction in the healthcare sector. Moreover, the high utility of this technology in radiotherapy planning and treatment verification, hip replacement, and spinal surgery among others is further contributing towards the high market share of the segment. 

Software to be considerable segment based on the type

3D reconstruction technology enables its user to visualize 3D models representing neuron morphology for the fluorescent confocal images to get the accurate and complete characterizations of the required product. The software solutions for 3D reconstruction are highly used in a wide variety of applications that cultural heritage, media and entertainment, manufacturing, GIS applications, healthcare, cultural heritage, and so on is a key factor contributing towards the high market share of the software segment.

Global 3D Reconstruction Market Share by Type, 2019 (%)

Regional Outlook 

The global 3D reconstruction market is further segmented on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World. North America is anticipated to hold a considerable market share during the forecast period. The early mover advantage, well-established infrastructure, high adoption of advanced 3D technology in several industry verticals such as construction, 3D printing, drones, robots, and so on is a key factor promoting the growth of the 3D reconstruction market in North America. Further, the presence of key market players such as PhotoModeler Technologies, Inc., Intel Corp., Faro Technologies Inc., and Autodesk Inc. in the region is making considerable contributions to the market share. 

Global 3D Reconstruction Market Growth, by Region 2020-2026

Asia-Pacific to exhibit considerable growth during the forecast period 2020-2026

Asia-Pacific is anticipated to showcase considerable growth in the 3D reconstruction market during the forecast period. The increasing implementation of 3D technology in various industry verticals such as media and entertainment, education, healthcare, construction, gaming, and so on is creating a huge demand for market growth. However, the high cost of this technology is restraining the growth of the 3D Reconstruction market in the Asia-Pacific region.

Market Players Outlook

The major players operating in the global 3D reconstruction market include Autodesk Inc., Photometrix Ltd., Pix4D SA, Koninklijke Philips NV, Agisoft LLC, PhotoModeler Technologies, Inc., Intel Corp., Faro Technologies Inc., General Electric Co., Vi3Dim Technologies, Inc., Occipital, Inc., and so on. These players are actively adopting different growth strategies such as partnerships, collaboration, and mergers & acquisitions, geographical expansion among others to sustain their marketplace in the highly competitive market. A new product is a key strategy to remain competitive in the global market. For instance, in December 2019, Intel Corp. had expanded the Intel RealSense product line with the launch of Intel RealSense Depth Camera SR305. The SR305 is a coded light, the standalone camera that provides a low-cost depth solution ideal for getting started with depth technology.

The Report Covers

• Market value data analysis of 2019 and forecast to 2026.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global 3D reconstruction market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.