According to a new market research report published by Credence Research “3D Reconstruction Technology Market (Type – 3D Reconstruction Technology Software, Based on Images & Videos and Based on 3D Scanning; Construction Type – Active and Passive; End-use Application – Automotive, Aerospace & Defense, Industrial Machinery, Electrical & Electronics, Media & Entertainment, Healthcare and Construction & Architecture) – Growth, Future Prospects and Competitive Analysis, 2019 – 2027”, the global 3D reconstruction technology market is set to reach US$ 1,520.3 Mn by 2027.
3D construction refers to the process of rotation of a 3D scene based on a single view or multiple view pictures. As an important part of digital image processing technology, 3D modeling technology has taken center stage in virtual reality, remote sensing, medical research, architecture, surveying and telemetry, among other applications. At present, advanced 3D modeling technology enables companies to envisage the future product design in the form of 3D models without building a physical prototype. In addition, 3D reconstruction technology enables users to design the product at each point of its development, thus reducing overall production costs by a considerable margin. Evolution in 3D design technology has made it possible to produce sophisticated virtual worlds in a range of end-use applications such as media & entertainment, healthcare and building, among others.
Primary means of obtaining information for 3D reconstruction are primarily segmented to the active and passive process. Effective methods are primarily project rays to objects and get 3D depth data on the computer. Such a method allows higher accuracy, but the hardware components needed for the procedure are both expensive and difficult to manage. On the other hand, the passive method is cheaper than the active method due to low hardware costs. The passive process, however, deals for low-resolution cameras and takes longer to measure.
The overall 3D reconstruction technology market is segmented by size, construction form and end-use applications. By technology sort, 3D scan-based reconstruction is referred to as the most lucrative segment on the market. Situation, where artifacts are unusual and have a complex structure, using conventional methods, is time-consuming and is mostly not feasible due to low precision and the workload involved. 3D scan-based reconstruction allows rapid and detailed analysis of structures within the specified timeframe. Such advanced technology provides many advantages over its predecessors, such as full process automation, higher resolution, contactless operation, higher precision and accuracy, among others. 3D reconstruction based on 3D scanning is widely applied across a number of areas such as urban planning, digital towns, the protection of cultural and architectural heritage, among others.
At present, the advances in 3D reconstruction technology show the potential to cater for a range of diverse future applications. Modeling of objects with respect to structure, shape and motion significantly improves the implementation of 3D modeling technologies for a range of end-use applications such as entertainment, healthcare and autonomous systems, among others. In fact, exposure to smartphones has become one of the most crucial aspects that companies and customers are searching for in nearly all technologies.
The number of 3D reconstruction application developers is currently implementing some means of accessing 3D design data on mobile platforms. In order to perform a 3D reconstruction, users use smartphones fitted with a depth sensor or simply take images of the target and upload photos to a cloud server, and then run a web-based program to generate a 3D reconstruction. With this technological advancement based on a user-friendly approach, the 3D reconstruction technology market is projected to grow at a promising pace over the forecast period.