As per the report, the opportunity in this market, which was US$2,916.8 mn in 2013, is anticipated to expand at a healthy 6.4% CAGR from 2014 to 2020, rising to a valuation of US$4416.5 mn by 2020.
Albany, NY -- (SBWIRE) -- 01/11/2018 -- 3D modeling is a process of creating a 3D model by using specialized software. It is a method of developing a wireframe model representing a 3 dimensional object. The model is designed and developed by using a set of points in 3D space connected through several geometric figures such as lines and curved surface. Some of the methods for creating a 3D model include polygonal modeling, primitive modeling, splines and patches modeling and non-uniform rational B-spline (NURBS) modeling. 3D mapping technology creates three-dimensional views of different objects on a computer screen. It offers real time viewing experience of a place or thing on a map. 3D mapping is used in many applications across different industry verticals such as construction, transportation, automobile, entertainment and healthcare. In healthcare industry, 3D mapping technology is used to study human anatomy and gives a better view of different parts of the human body. 3D mapping and 3D modeling technology is used in construction industry to create construction schematics and to draw a 3-dimensional view of a building. Designing cars, truck and other vehicles are few applications of 3D mapping and 3D modeling technology in automobile industry.
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Advancement in 3D devices such as 3D scanners, 3D sensors and global positioning components is driving 3D mapping and 3D modeling market growth. These devices are widely used across different applications in industries such as transportation, entertainment, defense, healthcare, and construction. Entertainment industry utilizes this technology to create animated 3D models for video games and movies. Further, they are used to provide 3D views and in virtual cinematography. 3D scanners are used for mapping locations such as crime scenes and accident locations. 3D mapping technology in multi-ray photogrammetry that offers suitable data and processing method for mapping an object is anticipated to observe growth traction in the near future.
The research report on the 3D mapping and 3D modeling market provides a detailed analysis of 3D mapping applications and helps in understanding driving forces behind the popularity of this technology across different end-user industry. The report includes extensive analysis of the industry drivers, restraints, market trends and market structure. The market study provides comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report segregates the market based on application, and end use industry across different geographies: North America, Europe, Asia Pacific and RoW (Rest of the World). The market share analysis of the leading players of global 3D mapping and 3D modeling market mentioned in the report exemplifies the scrupulous understanding of their market shares. The report includes a detailed analysis of the prevalent market situation, company profiles and industry trends for 3D mapping and 3D modeling technology used across various end use industries such as video entertainment, construction, healthcare, automobile, transportation, and others (defense and public safety, retail, advertisement).
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This market research study analyzes the 3D mapping and 3D modeling market on a global level, and provides estimates in terms of revenue (USD Million) from 2014 to 2020. The application segment includes in-depth analysis and forecast of application and end use industry segment across all geographies. The detailed value chain analysis and porter's five forces analysis helps the market competitors to formulate their business strategies at every stage of their business. Moreover, the market estimates have been analyzed by keeping in mind the several factors which affect the market including but not limited to technological, economical, social, environmental and legal. The market attractiveness tool estimates the attractiveness of this technology across end use industry, where they are benchmarked based on their market scope, growth rate, and general attractiveness.
The report provides company market share analysis of the various industry participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies, and recent developments in the field of 3D mapping and 3D modeling market. Major market participants profiled in this report include Autodesk, Inc, The Foundry Ltd, Pixologic, Inc, Lightwave 3D, Blender, 3D-Coat, Bentley Systems Incorporated, Softree Technical Systems Inc., Maxon Computers GmbH, Apple Inc., Airbus Defence and Space.
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Global 3D Mapping and 3D Modeling Market Segmentation:
3D Mapping Market, by application
3D Projection Mapping
Mapping and Navigation
3D Mapping and 3D Modeling Market, by End-User Industry
Video Entertainment Industry
Others (Defense and Public Safety, Retail, Advertisement)
3D Mapping and 3D Modeling Market, by Geography
Rest of the World (RoW)