The North America 3D Reconstruction Technology Market would witness market growth of 5.9% CAGR during the forecast period (2022-2028).
The 3D reconstruction technology joins 3D modeling and traditional computer-aided design (CAD) to design, visualize and simulate a digital representation of a structure's physical and functional characteristics over its life cycle. These tools and services are broadly utilized in numerous sectors, including healthcare, manufacturing, retail, and oil & gas.
Making a 3D reconstruction generally involves digital image professionals rather than 3D computer modelers, as the images are usually created less than assembled. There are two basic approaches to this type of reconstruction that can be utilized based on gathering the input data for the reconstruction by those involved.
The government of the US is passing numerous laws to decrease carbon emissions, making automotive manufacturers concentrate on making vehicles emit less carbon. As a result, the sales of new light-duty plug-in vehicles in the US, including all-electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs), nearly doubled from 308,000 in 2020 to 608,000 in 2021. EV sales grew by 85% from 2020 to 2021, whereas the sales of PHEVs doubled over the previous year. The rising sales of EVs & PHEVs, and other commercial vehicles will increase the utilization of 3D reconstruction technology for introducing various features like the Advanced Driver Assistance System (ADAS) to the automobiles. This would result in propelling the growth of 3D reconstruction technology market in North America.
The US market dominated the North America 3D Reconstruction Technology Market by Country in 2021, thereby, achieving a market value of $404.3 million by 2028. The Canada market is registering a CAGR of 8.3% during (2022 - 2028). Additionally, The Mexico market would experience a CAGR of 7.3% during (2022 - 2028).
Based on Component, the market is segmented into Software and Services. Based on Type, the market is segmented into Active and Passive. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into Construction & Architecture, Healthcare, Aerospace & Defense, Education, Government & Public Safety, Media & Entertainment and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global 3D Reconstruction Technology Market is Estimated to reach $1.7 Billion by 2028, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Autodesk, Inc., Bentley Systems, Inc. Alphatec Holdings, Inc., Matterport, Inc., 3DHISTECH Ltd., Pix4D SA, NavVis GmbH, Skyline Software Systems Inc., Photo Mess Systems AG and Agisoft LLC.
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