3D Mapping System Market Overview
The global 3D Mapping System market size is forecast
to reach $8.5 billion by 2027, growing at a CAGR of 15.6% from 2022 to 2027. Growing
demand for global position systems within varied industry verticals along with a shift towards 3D technology within automotive, healthcare, construction and
other industries towards enhancing 3D design simulation, modelling and so on,
have been attributing to the market growth of 3D mapping systems. Adoption of
3D mapping systems aid in serving application areas including object reconstruction, projection, navigation and others with
higher accuracy and efficiency, compared to traditional mapping. In addition,
rise in infrastructural development activities are driving the requirement of accurate
building information modeling, along with surging adoption of 3D projection
mapping within healthcare industry. Moreover,
growing advent of artificial
intelligence for 3D mapping as well as technological advances in 3D scanning will
further assist the market growth of 3D mapping system in the long run.
Report Coverage
The report: “3D Mapping System Industry Outlook- Forecast (2022-2027)”, by
IndustryARC covers an in-depth analysis of the following segments of the 3D Mapping System industry.
By Components: Hardware (Laser Scanners, Camera, High Lumen Projector,
IR Lights, Others), Software, Services
By Deployment Mode: Cloud, On-premises
By Application: Projection & Navigation, Inspection &
Measurement, Object Reconstruction, Virtualization, Others
By End Users: Building & Construction, Automotive, Manufacturing, Government & Defense, Retail & Consumer Goods,
Healthcare & Life Sciences, Energy & Utilities, Transportation &
Logistics, Others
By
Geography - North America (U.S, Canada, Mexico),
Europe (U.K, Germany, France, Italy, Spain, Others), APAC (China, Japan,South
Korea, India, Australia, Others), South America (Brazil,
Argentina, Others), RoW (Middle East, Africa)
Key Takeaways
- 3D Mapping System for Building & Construction industry held the largest market share in 2021, attributing to factors like growing shift towards changing consumer architectural requirements as well as rising adoption of 3D mapping tools for serving planning or visualization of construction sites or buildings, and related applications.
- APAC 3D Mapping System Market accounted for the largest share in 2021, owing to the rise in infrastructural development activities, as well as growing demand for 3D visualization tools or 3D imaging devices across industries like medical, automotive and so on.
- Technological advancements in 3D scanning along with growing advent of artificial intelligence (AI) in 3D mapping is analyzed to significantly drive the global 3D mapping system market during the forecast period 2022-2027.
Global 3D Mapping System Market Value Share, By Geography, 2021 (%)
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3D Mapping System Market Segment Analysis- By Components
Based on
components, Software segment is analyzed to witness the highest CAGR of 8.2% in
the global 3D mapping system market during the forecast period 2022-2027. Factors
attributing to the market growth include growing demand towards 3D modelling
across various end use industries, adoption of CAD tools for non-visual visual
simulation for engineering or medical application areas, along with need for
automating tasks like schedule creation, design comparisons and many more. Adoption
of 3D mapping software helps the customers towards ease in drafting, designing
or annotation of 3D models, customization of additional applications, real-time
access with mobile and web support, and so on. In addition, capabilities of
offering subscription options, like annual, monthly or others, which act as a
potential factor in raising its adoptability, are boosting its market growth
overtime. Deployment of 3D mapping software have been gaining wide popularity,
owing to factors like availability of free version or free evaluation period packages
before purchase, reduced costs of additional hardware maintenance, managing and
linking database records of models or designs, and so on, which in turn
increases efficiency within shorter time intervals. In June 2021, Skydio
announced the launch of a 3D mapping software, named Skydio 3D Scan,
meant for both professional
inspectors as well as first responders. This was done to help in creating 3D
models of critical infrastructure, accident scenes like collapse of a highway,
fire, or a car accident with others autonomously and comparatively faster. Such
factors are set to assist the market growth towards 3D mapping software in the
long run.
3D Mapping System Market Segment Analysis - By End Users
Building
& Construction sector had dominated the global 3D mapping system market
with a share of 41% in 2021, and is also analyzed to have a significant growth
during 2022-2027. Growing adoption of 3D mapping tools for serving application
areas including planning or visualization of construction sites or buildings,
shift towards changing consumer architectural requirements and rapid
urbanization can be considered as some of the major factors attributing to its
market growth. Rising investment in construction or infrastructural projects, growing
demand towards improving construction activities like project scheduling,
real-time data analysis related to identification of potential hazards or
problems, and others, along with number of fatalities or accidents within
construction sites have also helped in propelling the market demand towards 3D
mapping systems overtime. Adoption of advanced technologies for improving urban
planning, and growing initiatives or mandates towards ensuring construction
site safety will also drive the market forward. According to an UK based
government agency, Health and Safety Executive, about 39 construction deaths
caused by accidents while at work was reported in 2020, compared to 42 in 2019,
highlighting that construction industry face higher fatal injuries from any
other industries. In September 2021, Propeller Aero had collaborated with Wingtra
in order to offer 3D mapping and site data for earthworks as well as
construction companies for optimizing worksite survey. With this, Propeller’s
cloud based drone survey visualization software and WingtraOne’s drone will be
leveraged in order to capture survey grade data with 3D site models, enabling
site workers to view, inspect as well as track job progress with improved
accuracy and reliability. Such factors are further set to aid the market growth
of 3D mapping systems in the coming time.
3D Mapping System Market Segment Analysis – By Geography
APAC region dominated the global 3D mapping system market with a share of 36% in 2021, and is analyzed to witness significant growth during the forecast period 2022-2027. Growing demand towards 3D imaging devices, or 3D visualization tools across end use verticals like healthcare, manufacturing and many others along with rise in infrastructural development or construction activities have been attributing to the market growth towards 3D mapping system in the region. In February 2021, the Indian Government announced about increasing the number of projects from 6835 to 7400, as a part of expansion of its 2019 National Infrastructure Pipeline initiative, amidst the COVID-19 pandemic. In addition, governmental efforts or initiatives for improving urban planning, growing development towards satellites or space research with 3D maps, rise in industrial fatalities or accidents driving need for accurate inspection and so on have also helped in boosting its market growth overtime. In September 2021, an India based municipal entity, Brihanmumbai Municipal Corporation (BMC) had revealed about completion of 3D mapping for Worli, Mahalaxmi area, Mumbai, as a part of its pilot project towards providing better civic facilities. With growing population and expansion of geographical area, utilizing technologies including robots, drones and GIS for exploring 3D mapping was meant to help the civic body overcome challenges like building infrastructure as well as implementing large projects. Such factors can further propel the market demand for 3D mapping systems in the long run.
3D Mapping System Market Drivers
Technological advancements in 3D scanning to positively impact the market growth of 3D mapping system
Technological advancements in 3D
scanning can be considered as one of the major factors driving the market
growth of 3D mapping system. Since advanced 3D laser scanning technology helps in
providing 3D data more accurately within shorter time intervals, advancements
towards 3D scanners, 3D sensors and many other devices, can help in aiding the
market growth for 3D mapping systems. In May 2020, Velodyne Lidar Inc. announced
about the launch of a wearable indoor mobile mapping system,
named NavVis VLX, equipped with LiDAR sensors in order to capture high quality
data for 3D measurements. Integrating these sensors helped the mapping system capture
point cloud data required for creating building documentation such as floor plans,
3D models as well as digital twins, designed for multi-level towers and
construction sites. In August
2020, FARO Technologies, Inc. had collaborated with Boston Dynamics, for
development of a fully autonomous 3D mobile scanning integration solution,
through combination of cutting-edge scanning speed as well as accuracy of
FocusS laser scanner with a quadruped robot, Spot. This was designed
specifically for general contractors as well as construction managers for verifying
production and quality on jobsites, with streamlined data collection and
improved efficiency. Such advancements are meant to drive the market growth of
3D mapping systems in the coming time.
Growing advent of artificial intelligence (AI) in 3D mapping drives the market forward
Growing advent of artificial intelligence
(AI) in 3D mapping act as a major driver boosting the market growth of 3D
mapping systems. Leveraging AI based 3D mapping helps in defining data
acquisition workflow more accurately and within less time intervals. With
capabilities of turning massive amounts of aerial images, 3D models, 3D
structure designs and others, into valuable datasets which can be used more accurately and efficiently to measure changes as well as quantify various
attributes, helps in aiding the market growth forward. In June 2019, Nearmap announced the launch of a 3D product
leveraging AI technology, in order to streamline varied industries including
architecture, construction, urban planning, government as well as councils to
view and shape cities within U.S and Australia. This development was done to
enable customers, stream as well as export 3D imagery on demand at massive
scale through its proprietary MapBrowser web application, capturing datasets
more accurately. In October 2020, Scientists at the University of Hawaii’s Manoa
Institute of Astronomy had revealed about developing world’s largest 3D map
leveraging AI for producing 3D catalog of stars, galaxies and quasars, which
helped the neural networks achieve classification accuracy of 98.1%, 97.8% and
96.6% for galaxies, stars as well as quasars respectively. Such factors can be
considered highly essential in assisting the market growth towards 3D mapping
systems in the long run.
3D Mapping System Market Challenges
High costs associated with installation and technological advances in 3D mapping hinders its market growth
High costs associated with installation and technological
advances in 3D mapping act as one of the major factors restraining its market growth.
In order to provide high quality 3D experiences, drives the need for varied
devices like scanners, lasers, drones with others, which eventually raises the
installation as well as operational costs for the 3D mapping systems. The
average cost for projection mapping services of 3D video content is around
$10000/minute. In addition, video development costs related to use of media
servers, projectors, and so on further increases the deployment expenses for 3D
mapping solutions. With factors like improving quality mapping and navigation
services through technological advances along with installation or operational
costs due to additional hardware component or device requirements, 3D mapping
systems face lesser adoptability across small and mid-sized businesses, thereby
hampering its market growth overtime.
3D Mapping System Market Landscape
Technology launches, acquisitions
and R&D activities are key strategies adopted by players in the 3D Mapping
System market. 3D Mapping System top
10 companies include:
- Autodesk, Inc.
- ESRI Global Inc.
- Topcon Corporation
- Dassault Systemes SE
- Bentley Systems, Inc.
- Google Inc.
- Intermap Technologies
- Mitsubishi Electric Corporation
- Apple Inc.
- Orbit Geospatial Technologies
Acquisitions/Technology Launches
- In September 2021, Intermap Technologies announced the launch of 3D geospatial analytics and processing algorithms, as an addition to a geospatial marketplace, named UP42. This development was meant to enable users determine signal strength from a transmitter irrespective of any location, within an area based on transmitter power, antenna gain or loss, oxygen loss, as well as rain loss.
- In December 2020, Google had revealed the launch of additional capabilities for its 3D maps, as a part of improving location tracking for its Android customers. Through this, the application or platform will utilize 3D building models of more than 3850 cities worldwide, raw GPS measurements and machine learning, in order to improve accuracy of location tracking for users around dense urban areas having tall structures.
- In October 2019, Orbit Geospatial Technologies announced about the addition of new features as well as enhancements for its cloud platform, named 3D Mapping Cloud. This was done in order to help its customers utilizing techniques like mobile mapping, terrestrial scanning, UAS mapping and aerial oblique with a single product having capabilities including view synchronization, custom visibility, improved geocoding, better work organization and management, with many others.
Relevant
Report Titles:
3D Mobile Mapping Market-
Forecast (2021-2026)
Report Code: ESR 0517
3D Scanning Market- Forecast (2021-2026)
Report Code: ITR 0019
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