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Global 3D Reconstruction Market to record steady growth with the rising adoption of 3D Technology

08-26-2022 01:51 PM CET | IT, New Media & Software

Press release from: Inkwood Research

3D Reconstruction Market

3D Reconstruction Market

Inkwood Research evaluates that the Global 3D Reconstruction Market is estimated to project a CAGR of 6.73% in terms of revenue during the forecast period, 2019-2028.

"Browse 29 Market Data Tables and 38 Figures spread over 135 Pages, along with an in-depth TOC on the Global 3D Reconstruction Market Forecast 2019-2028."

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3D reconstruction is a process wherein a computer model of the 3D image of an object is created from 2D images. The process has its applications in the real world. It enables gaining information about qualitative features of the object, which is otherwise difficult to deduce from a single plain of sight. The process of 3D reconstruction can be used in films, phenotype analysis, game graphics, design, and art analysis & restoration.

Surging adoption of 3D Technology in Maintenance Fuels Market Growth
The digital preservation of cultural heritage is one of the challenging applications of 3D reconstruction. The maximized implementation of the 3D reconstruction is a necessity, for cultural heritage objects and sites differ from each other in a significant manner. The artifacts thus preserved are immune to the effects of weather conditions, agents, and time. The usage of 3D reconstruction for the creation of aerial image puts forth an accurate 3D reconstruction of sensitive sculptures.

There is a growing trend of reconstruction of 3D models of as-built industrial instrumentation from terrestrial laser-scan data, along with a 3D computer-aided design (CAD) database. There is also a rising trend of stereoscopic image capture, so as to ease the capture of full scenes in a limited number of images. The present mainstream 3D reconstruction method acquires feature points from images to reflect the structure of the scene.

Thus, there is a growing adoption of 3D technology in the field maintenance of the museum and cultural heritage, construction applications, and industrial applications, thereby taking the place of the traditional approach.

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Healthcare is projected to be the Prominent End-user with highest Market Share and CAGR
The healthcare market is set to witness path-breaking changes with regard to 3D reconstruction. This is attributed to rising innovation and investment in healthcare applications like organ prototyping and modeling across the globe. The process enables the doctors to evaluate several 2D medical images in a 3D format, since it is considered to be a swift and accurate approach to clinical diagnosis and therapy. The advancements in the healthcare sector with regard to 3D reconstruction is due to the introduction of powerful computing and graphics processing, rising availability of open-source platforms, and enhanced medical imaging equipment.

North America encompassed the Major Revenue Share in 2019
In the North American region, the growing integration of technology in the medical field and the thriving manufacturing industry are estimated to increase the demands for 3D reconstruction. 3D reconstruction is expected to grow considerably, given the innovations in the spatial recognition field by players and rising applications in media and films. The market growth is evaluated to be supplemented by end-users eager to pay premium prices for upgraded services.

There is a low presence of companies in the market. The competitive rivalry is estimated to increase as players are set to enter the market as a result of growing market opportunities. The market players are also prioritizing the development of innovative solutions. Some of the key players in the global market include, Autodesk Inc, PIX4D SA, General Electric Company, Intel Corporation, etc.

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Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises of North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.

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