3D Mapping And Modeling Market Size, Share, Opportunities, And Trends By Type (3D Mapping, 3D Modeling), By End-Use Industry (Aerospace And Defense, Healthcare, Media And Entertainment, Construction, Automotive, Manufacturing, Others), And By Geography - Forecasts From 2024 To 2029
- Published : Jul 2024
- Report Code : KSI061610424
- Pages : 135
The 3D mapping and modeling market is projected to grow at a CAGR of 16.59% from estimated value of US$6.443 billion in 2024 to US$13.882 billion in 2029.
3D mapping and modeling are software solutions that enable users to profile objects in three dimensions, thereby improving the overall data visualization and acquisition. The growing technological advancement in 3D devices like 3D scanners and 3D sensors, owing to the rise in R&D funding, has led to improvements in 3D technology, stimulating market expansion.
3D models are also finding their way into the media & entertainment sector, where the technology is used in games, films, architecture, and product design. Smartphone manufacturers are also investing in 3D technology to bolster their models’ design, which offers further growth opportunities.
3D technology is also finding its way into healthcare, where it is used in reconstructive surgery, anatomy, prostheses, and patient education. The aging population and increase in chronic disease patients have escalated the demand for such solutions in the healthcare industry as technology assists in the surgical process by mapping human anatomy.
3D Mapping And Modelling Market Drivers:
- Growing applicability in the automotive sector has propelled the market expansion.
3D design & modeling have emerged as a game-changing technology for various industrial sectors, especially automotive. They assist automakers in developing highly accurate and detailed virtual models of complex vehicle parts and components. Major automotive manufacturing companies such as Ford, Renault, and Volkswagen, among others, are adopting 3D modeling in their operations.
3D Mapping And Modelling Market Restraints:
- High capital investments will restrain market growth.
The initial investment to procure such technology is very high as 3D mapping and modeling involve high-level customization, intricate detailing, and animation work to necessitate creativity. Such detailed analyses require a lot of work hours and technical expertise.
3D Mapping And Modelling Market Segmentation Analysis
- The construction sector is expected to account for a considerable market share.
The 3D mapping and modeling market is segmented by industry as healthcare, aerospace and defense, media and entertainment, retail, construction, automotive, manufacturing, and others. The construction industry accounted for a significant market share fueled by the growing shift towards innovative architectural designs with high appeal. Such preference has accelerated 3D maps and models’ demand for visualizing desired architecture before initiating the process. Rapid urbanization, rising pressure on existing infrastructure, and environmental concerns are driving the industry's convergence of geospatial and 3D technologies.
Additionally, ongoing investments in smart cities to cater to varied consumer demand have further accelerated the use of modern technologies to determine structural design and integrity. For instance, the Biden administration, under the “Investing in America Agenda”, has undertaken various investments that support the smart city and community projects.
3D Mapping And Modelling Market Geography
- North America is anticipated to account for a considerable share.
The 3D mapping and modeling market is segmented by geography into North America, South America, Europe, the Middle East, Africa, and the Asia Pacific regions. North America accounted for the largest market share in 2022 due to the early adoption of technology by various end-use industries in the region. The presence of many global players, coupled with a high investment in R&D, will drive the demand for 3D mapping and modeling solutions in the region until the end of the forecast period.
The European 3D Mapping and Modeling market will also grow significantly, owing to the region's thriving automotive industry, which uses the technology for the assembly line and prototype. For instance, according to the European Automotive Manufacturers Association, in 2023, vehicle production witnessed 11.3% growth in Europe, with the overall production figure surpassing 12 million. Companies like Autodesk provide software for vehicle digital designs and manufacturing, such as “VRED”, “AutoCAD”, ”Fusion”, and “Moldflow”.
Asia Pacific is known to be the fastest-growing market during the projected period. Major regional economies such as China, Japan, South Korea, and India are investing in new technologies to bolster their infrastructural development, which will drive the demand for 3D mapping and modeling solutions. The construction of Yinchuan as China's most high-tech smart city will provide great potential for 3D mapping and modeling solution providers to gain a larger market share. Moreover, besides construction, APAC is also the manufacturing hub of the world where major 3D-modeling end-users, such as automotive are witnessing significant growth, further paving the way for future market expansion.
3D Mapping And Modelling Key Developments
- May 2024: Johnson & Johnsons Medtech’s subsidiary Biosense Webster Inc. launched “CARTO™ 3 System Version 8”, which is the company’s latest 3D-heart mapping software. This features the “CARTOSOUND™ FAM Module” and “CARTO ELEVATE™ Module”. The software is designed to increase the overall accuracy of medical procedures, such as cardiac ablation procedures.
- March 2024: Spare-Parts 3D (SP3D) launched a beta program of its digital tool, “Théia.” This tool uses deep learning technology to automatically create 3D models from 2D technical drawings. The software aims to reduce the overall cost of manufacturing spare parts with complex shapes and designs.
- March 2024: Samsung Electronics launched the “3D Map View” feature at CES 2024, which will be available via the company’s SmartThing app on iOS and Android devices as well as smart TVs. The map view uses SpatialAI to precisely measure and map a home’s layout, thereby converting virtual images into 3D.
- September 2023: Precisely announced the launch of “MapInfro Pro v2023”, which uses enterprise-level analytics for 3D mapping visualization. The software is ideal for high-profile uses such as urban and smart city planning. It enables users to leverage critical location-based information.
- September 2022: Nextech AR Solution Corp announced the launch of its AI-powered SaaS platform, “Toggle3D”, which leverages the designing, configuration, and deployment of 3D models at scale. The standalone web application is a game changer for the designing and manufacturing sector as it converts large CAD files into 3D models at an affordable price.
3D Mapping And Modeling Market Scope:
Report Metric | Details |
Market Size Value in 2024 | US$6.443 billion |
Market Size Value in 2029 | US$13.882 billion |
Growth Rate | CAGR of 16.59% from 2024 to 2029 |
Study Period | 2019 to 2029 |
Historical Data | 2019 to 2022 |
Base Year | 2024 |
Forecast Period | 2024 – 2029 |
Forecast Unit (Value) | USD Billion |
Segments Covered |
|
Companies Covered |
|
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Customization Scope | Free report customization with purchase |
The 3D Mapping And Modelling market is segmented and analyzed as follows:
- By Type
- 3D Mapping
- 3D Modelling
- By Industry Vertical
- Aerospace and Defense
- Healthcare
- Media and Entertainment
- Construction
- Automotive
- Manufacturing
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- United Kingdom
- Italy
- France
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Thailand
- Taiwan
- Others
- North America
Frequently Asked Questions (FAQs)
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. 3D MAPPING AND MODELLING MARKET BY TYPE
5.1. Introduction
5.2. 3D Mapping
5.3. 3D Modelling
6. 3D MAPPING AND MODELLING MARKET BY INDUSTRY VERTICAL
6.1. Introduction
6.2. Aerospace and Defense
6.3. Healthcare
6.4. Media and Entertainment
6.5. Construction
6.6. Automotive
6.7. Manufacturing
6.8. Others
7. 3D MAPPING AND MODELLING MARKET BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. United Kingdom
7.4.3. Italy
7.4.4. France
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. India
7.6.4. South Korea
7.6.5. Indonesia
7.6.6. Thailand
7.6.7. Taiwan
7.6.8. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Competitive Dashboard
9. COMPANY PROFILES
9.1. MAXON Computer
9.2. Autodesk Inc.
9.3. Orbit GeoSpatial Technologies NV
9.4. Softree
9.5. 3DCoat
9.6. Golden Software LLC
9.7. CyberCity 3D, Inc.
9.8. Onionlab
9.9. Arc Surveying and Mapping, Inc.
9.10. Arch Aerial LLC
MAXON Computer
Autodesk Inc.
Orbit GeoSpatial Technologies NV
Softree
3DCoat
Golden Software LLC
CyberCity 3D, Inc.
Onionlab
Arc Surveying and Mapping, Inc.
Arch Aerial LLC
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