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3D Reconstruction Technology Market 2018: Global Opportunities, Sales Revenue, Emerging Technologies, Future Trends, Competitive Landscape and Industry Growth with 23% of CAGR by Forecast 2023(March 12, 2018)
The global 3D reconstruction technology market is projected to witness a rapid growth during the forecast period. Further, 3D technology offers a wide array of applications in various industries, namely consumer products, industrial products, defense & aerospace, automotive, healthcare, education & research and others. The market has been analyzed across different geographic regions including North America, Europe, Asia Pacific and Rest of the World.
The global 3D Reconstruction Technology Market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the 3D Reconstruction Technology market in North America region is expected to witness a significant growth and hold the largest market share during the forecast period. The growth of the market in North America is driven by strong demand from aerospace and defense, healthcare, education, and consumer products industries. Additionally, the strong government support and presence of key manufacturers are further expected to add to the growth of the market in this region. The U.S. held the largest share of the North American 3D reconstruction technology market.
In the global 3D Reconstruction Technology market, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions. Due to the high adoption of 3D Reconstruction Technology in the automotive sector and factors such as strongest growth potential and presence of major manufacturing hub. Emerging economies from the developing nation such as China and Southeast Asian countries is expected to be the main driving factor for the growth of the market.the market is likely to show immense growth in the coming future.
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The global 3D Reconstruction Technology market is projected to reach USD 684 million at a CAGR of over 23% by the end of the forecast period 2017-2023.
3D Reconstruction Technology market Segmentation:
The global 3D reconstruction technology market is segmented by construction method, type and application. On the basis of construction method, the market is segmented into active and passive. And on the basis of type, the market is segmented into 3D reconstruction software, based on images and video, based on 3D scanning. And by application segment, the market is segmented into culture heritage and museum, films & games, 3D printing, drones and robots. Computer aided geometric design (CAGD), computer graphics, computer animation, computer vision, medical imaging, computational science, virtual reality, digital media and other.
Market Research Analysis:
North America market accounts for highest share in the 3D Reconstruction Technology market, whereas Asia Pacific market is projected to acquire highest share during the forecast period. The North American market is witnessing rapid growth due to technological advancements and increasing demand for 3D technology across different industry verticals in this region. The U.S. holds majority of the market share both in terms of revenue as well as adoption of advance solutions.
Some of the prominent players in the global 3D reconstruction technology market: Pix4D (Switzerland), Agisoft PhotoScan (the Netherlands), Autodesk (U.S.), Acute3D/Context Capture (Now part of Bentley Systems) (U.S.), PhotoModeler/Eos Systems Inc. (Canada), Photometrix, Elcovision/PMS AG (Australia), Matterport (U.S.), 4Dage Technology (China), Shenzhen Zhineng (China), Shixian Technology (China) and others.
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