PUBLISHER: The Insight Partners | PRODUCT CODE: 1637652
PUBLISHER: The Insight Partners | PRODUCT CODE: 1637652
The North America 3D reconstruction technology market was valued at US$ 490.02 million in 2023 and is expected to reach US$ 1,205.59 million by 2031; it is estimated to record a CAGR of 11.9% from 2023 to 2031.
Increasing Use of 3D Construction Tools for Protecting and Restoring Heritage Sites Fuels North America 3D Reconstruction Technology Market
With the arrival of digital capabilities and emerging virtual ideas such as the metaverse, obtaining tools that can produce accurate 3D reconstructions from image data is essential. 3D reconstruction technology is being used to preserve and rebuild historical monuments and cultural heritage sites with the use of augmented reality (AR) and virtual reality (VR). This technology is also being used to create digital archives of cultural heritage sites, which can be used for research, education, and tourism purposes. For instance, in the field of research, 3D Black Boston utilizes immersive technologies to develop virtual reality experiences showcasing African American heritage sites in nineteenth-century Boston. From January to August 2021, the project team conducted extensive research. It reconstructed historical spaces dating back to 1827-1830, specifically associated with David Walker, a prominent African American abolitionist known for his influential publication, "Walker's Appeal to the Colored Citizens of the World," in 1829. By using virtual reality, the project aims to provide interpretation and insights into sites that no longer exist or face challenges in terms of physical accessibility. The NuLab-funded phase of 3D Black Boston facilitated paid undergraduate research opportunities and skill development, wherein students worked on a proof-of-concept virtual reality simulation centered around Walker's former residence at 8 Belknap Street on Beacon Hill. 3D reconstruction technology plays a crucial role in preserving and restoring cultural heritage. It allows access to heritage elements that are difficult to reach in the real world and contributes to the documentation, protection, reconstruction, restoration, conservation, dissemination, and spreading of cultural heritage. Hence, the growing use of 3D construction tools for protecting and restoring heritage sites is one of the key drivers for the 3D reconstruction technology market.
North America 3D Reconstruction Technology Market Overview
The use of 3D reconstruction technology in medical applications has seen significant advancements in North America. One notable example is the reconstruction of a woman's external ear using a 3D-printed living tissue implant. This groundbreaking procedure was conducted in the US in June 2023. The woman, who was born with a small and deformed right ear due to a rare congenital condition called microtia, received a 3D-printed implant made from her cells. The implant is designed to regenerate cartilage tissue, giving it the look and feel of a natural ear. The application of 3D reconstruction technology in the medical field extends beyond ear reconstruction. It is also used for various purposes, such as surgical planning, medical education, and diagnosis. For example, 3D reconstruction techniques are used to create precise 3D models of organs, allowing healthcare professionals to assess spatial relationships, sizes, and shapes of anatomical structures and lesions. This technology provides a new and accurate approach to diagnosis and has vital clinical value.
North America 3D Reconstruction Technology Market Revenue and Forecast to 2031 (US$ Million)
North America 3D Reconstruction Technology Market Segmentation
The North America 3D reconstruction technology market is categorized into type, component, deployment, enterprise size, end-use industry, and country.
Based on type, the North America 3D reconstruction technology market is bifurcated into active 3D reconstruction and passive 3D reconstruction. The active 3D reconstruction segment held a larger market share in 2023.
In terms of component, the North America 3D reconstruction technology market is bifurcated into software and services. The software segment held a larger market share in 2023.
By deployment, the North America 3D reconstruction technology market is segmented into on-premise and cloud. The cloud segment held a larger market share in 2023.
By enterprise size, the North America 3D reconstruction technology market is segmented into large enterprise and SMEs. The large enterprise segment held a larger market share in 2023.
Based on end-use industry, the North America 3D reconstruction technology market is segmented into automotive, education, healthcare, aerospace & defense, media & entertainment, construction & architecture, government & public safety and others. The healthcare segment held the largest market share in 2023.
By country, the North America 3D reconstruction technology market is segmented into the US , Canada, and Mexico. The US dominated the North America 3D reconstruction technology market share in 2023.
Autodesk Inc.; EOS imaging; Epic Games, Inc.; Intel Corp; Koninklijke Philips N.V.; PhotoModeler Technologies; Pix4D SA; Skyline Software Systems Inc.; and Thermo Fisher Scientific Inc. are some of the leading companies operating in the North America 3D reconstruction technology market.