3 Dimensional Reconstruction Technology Market Size, Share, Competitive Landscape and Trend Analysis Report, by Component, by Enterprise Size, by Deployment Mode, by Application : Global Opportunity Analysis and Industry Forecast, 2024-2032

Key Takeaways 

• The 3 dimensional reconstruction technology market study covers 20 countries. The research includes a segment analysis of each country in terms of value ($Million) for the projected period 2023-2032. 

• More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major 3 dimensional reconstruction technology market industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights. 

• The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives. 

Industry Trends: 

• In April 2024, the Canadian government announced series of initiatives to help trigger the construction of more affordable housing, to the tune of $442 million. This opens the possibility of increased construction 3D printing in Canada. 

• In April 2023, Minister of Land, Infrastructure, Transport and Tourism certified first 3D-printed building in Japan. Obayashi Corporation began construction of a building using a 3D printer at the Technology Research Institute in May 2022, and has now completed the 3dpod 3D-printed demonstration building. 

• In August 2023, the Government of Canada is planning to raise around $15 million to provide organizations with access to 3D printing technology, helping to scale-up operations and create jobs.  

Key market dynamics 

The global 3 dimensional reconstruction technology market share is growing due to several factors such as rise in integration of AR and VR technology, rise in demand for 3D modeling in construction and architecture, and increasing demand in entertainment and media. However, high initial development cost and data security and privacy concerns act as restraints for the 3 dimensional reconstruction technology market trends. On the other hand, the emergence of the metaverse will provide ample opportunities for the market's development during the forecast period. 

The 3 dimensional reconstruction technology industry has been gaining significant traction over the past few years due to its increasing applications in the healthcare, manufacturing, and media and entertainment industries. Moreover, 3D reconstruction of buildings has been an active research topic in computer vision and digital photogrammetry during the past years. 3D building models are gaining increasing popularity in the areas of urban planning, tourism, etc., and owing to these advancements, the market is expected to register promising growth during the forecast period.  

Usage of Global 3D Reconstruction Technology  

The 3 dimensional reconstruction technology industry plays a significant role in healthcare and medical devices across various applications, revolutionizing patient care, medical imaging, surgical planning, and device development. 3D reconstruction techniques enhance traditional medical imaging modalities such as CT scans, MRI, and ultrasound, enabling healthcare professionals to create detailed 3D models of anatomical structures. In addition, in manufacturing, 3D reconstruction technology is leveraged across various stages of the product lifecycle, from design and prototyping to quality control and maintenance. Manufacturers use 3D reconstruction technology to create digital models of physical objects or components through processes like 3D scanning or photogrammetry. 

Market Segmentation 

The 3D reconstruction technology market is segmented into component, enterprise size, deployment mode, application, and region. On the basis of component, the market is divided into software and services. As per enterprise size, the market is segregated into large enterprises and small and medium-sized enterprises. On the basis of deployment mode, the market is segregated into on-premise and cloud. On the basis of application, the market is divided into education, healthcare, aerospace & defense, media & entertainment, construction & architecture, government & public safety and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. 

Regional/Country Market Outlook 

The adoption of 3D reconstruction technology varies across different countries, influenced by factors such as technological infrastructure, industry needs, regulatory frameworks, and investment in research and development. Developed countries like the U.S., Germany, Japan, and South Korea have been at the forefront of 3D reconstruction adoption, particularly in industries such as healthcare, manufacturing, entertainment, and defense. These countries possess advanced technological capabilities, robust research institutions, and a strong focus on innovation, driving widespread adoption of 3D reconstruction across various sectors. In emerging economies such as China, India, Brazil, and Russia, there is a growing interest in 3D reconstruction technology fueled by rapid industrialization, increasing healthcare expenditures, and government initiatives to promote digitalization and innovation. 

• In December 2023, Researchers from Georgia Tech’s School of Computer Science planning to make the technology more efficient and widely accessible. The group, consisting of Associate Professor Yingyan (Celine) Lin, Professor Ling Liu, and Senior Research Scientist Greg Eisenhauer, awarded a $1.198 million grant from the National Science Foundation to accomplish this goal. 

• In April 2023, China is planning to explore using 3D printing technology to construct buildings on the moon. China will launch the Chang’e 6, 7 and 8 missions, with the latter tasked to look for reusable resources on the moon for long-term human habitation. 

• In December 2021, Health Canada approved its first Canadian-made 3D printed medical implant, named as Specifit 3D mandibular plate, developed by the 3D Anatomical Construction Laboratory (LARA 3D) in Quebec City. 

Competitive Landscape 

The major players operating in the 3D reconstruction technology market include Autodesk, Inc. 

Bentley Systems, EOS imaging, Intel Corporation, Agisoft, LLC, Photomodeler Technologies, General Electric Company, Vi3Dim Technologies, Quorum Technologies Inc., and Faro Technologies Inc. 

Recent Key Strategies and Developments 

• In March 2024, Nikon IMBU launched AI Reconstruction, an innovative 3D computed tomography (CT) reconstruction software solution powered by artificial intelligence that lifts the traditional trade-off between scan speed and image quality. 

• In October 2023, WiMi Hologram Cloud Inc. launched its multi-view 3D reconstruction algorithm based on semantic segmentation combine semantic segmentation and 3D reconstruction, aiming to achieve more accurate 3D reconstruction results. 

• In September 2022, Preimage raised $1.7 million to scale up its product build and ramp up hiring across business functions. The investment will also be deployed to build a robust go-to-market product for drone-based mapping and surveying. 

Key Sources Referred 

1. ResearchGate 

2. Siemens S.A. 

3. IEEE Computer Society 

4. ScienceDirect 

5. Coursera 

Key Benefits For Stakeholders 

• This report provides a quantitative analysis of the 3 dimensional reconstruction technology market analysis segments, current trends, estimations, and dynamics of the 3 dimensional reconstruction technology market growth analysis from 2023 to 2032 to identify the prevailing 3 dimensional reconstruction technology market forecast opportunities. 

• The market research is offered along with information related to key drivers, restraints, and opportunities. 

• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. 

• In-depth analysis of the 3 dimensional reconstruction technology market forecast segmentation assists to determine the prevailing market opportunities. 

• Major countries in each region are mapped according to their revenue contribution to the global 3 dimensional reconstruction technology market size statistics. 

• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.