3D Modeling, 3D Visualization, and 3D Data Capture Market Size Worth Around US$ 1.08 billion by 2026

Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “3D Modeling, 3D Visualization, and 3D Data Capture Market (By Solution: 3D CAD Modeling, 3D BIM Model; By Application: 3D Visualization [AR & VR (Training, Marketing etc.), Safety and Training, Marketing & Sales Animation, Post Production, Product and Process, Transportation], 3D Modeling [Structural Designing, Integrated Analysis & Material Take-off Reports, Equipment Designing, Equipment Modeling, Intelligent Grid], 3D Data Capturing [3D Laser Scanning (Static), 3D Handheld Scanners, 3D Aerial Scanning, Sensors) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026”.

LOS ANGELES, April 12, 2019 (GLOBE NEWSWIRE) -- The global market size of 3D modeling, 3D visualization, and 3D data capture is expected to reach USD 1.08 billion by 2026. The market is estimated to grow at a CAGR of 3.9% over the forecast period.

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The 3D Modeling, 3D Visualization, and 3D Data Capture market is driven by progress in worldwide oil and gas costs just as anticipated improvement in capital use (CAPEX) of real oil and gas organizations. Likewise, oil and gas organizations are experiencing a computerized change that incorporates an interest in AR/VR technology, the utilization of Big Data examination for proficient basic leadership, and interest in digital security solutions. The 3D visualization market is partitioned based on its application zones. These application territories incorporate AR and VR (preparing, marketing, and so on.), wellbeing and preparing, marketing & deal liveliness, after creation, item and procedure, and transportation. The item and procedure application are additionally bifurcated into task strategy for penetrating wells, packaging establishment, cementation procedure, and oil and gas extraction and refining process. The 3D modeling market is additionally fragmented dependent on different application regions. These applications incorporate auxiliary structuring, coordinated examination and material take-off reports, gear planning, hardware modeling, and savvy lattice. The auxiliary structuring application is additionally separated into funneling, common/establishment, and HVAC ducting. Hardware modeling is isolated into vessels, siphons, launchers/collectors, and others. The 3D modeling market is likewise portioned based on the arrangement type. These solutions incorporate CAD and BIM arrangement. The 3D data capture market is separated based on different application regions including 3D laser checking (static), 3D handheld scanner, 3D airborne examining, and sensors. The data discharged from different sensors and laser examining devices are productively broke down which thus helps the oil and gas organizations to take compelling choices.

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The global 3D modeling, 3D visualization, and 3D data capture market is segmented into solution, application, and region. On the basis of solution, the global market is segmented into 3D CAD Modeling and 3D BIM Model. On the basis of application, the global market is segmented into 3D Visualization, 3D Modeling, and 3D Data Capturing. 3D visualization applications include AR & VR, Safety and Training, Marketing & Sales Animation, Post Production, Product and Process (Operational Procedures for Drilling Wells, Casing Installation, Cementation Processes, Oil and Gas Extraction, and Refining Processes), and Transportation. 3D modeling applications include structural Designing (Piping, Civil/Foundation, and HVAC Ducting), Integrated Analysis & Material Take-off Reports, Equipment Designing, Equipment Modeling (Vessels, Pumps, Launchers/Receiver, and Others), and Intelligent Grid. 3D data capturing applications include 3D Laser Scanning (Static), 3D Handheld Scanners, 3D Aerial Scanning, and Sensors.

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On the basis of geography, the global market is segment into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. North America market is relied upon to hold a noticeable offer and record for over 30% of the worldwide market in 2026, trailed by Europe. The growth in the North America market is because of the more noteworthy appropriation of these solutions to the viable lead investigation, improvement, generation, and transportation of oil and gas. The U.S. holds the bigger market share in the North America district because of generous boring action also expected an increment in CAPEX. The market in the Asia Pacific is relied upon to develop at a quicker rate all inclusive because of advanced change in Thailand, India, Australia, Vietnam, and Malaysia among others. The Middle East is additionally an unmistakable supporter of the growth of the market. A portion of the key Middle East nations is Saudi Arabia, UAE, Kuwait, and Oman. Additionally, after privatization in Brazil's oil and gas industry, enormous oil and gas private players are putting resources into the nation, in this way driving the growth of the market in Brazil.

Major companies contributing the global 3D modeling, 3D visualization, and 3D data capture market are Solid Terrain Modeling, Inc., Mechdyne Corporation, Josen Premium, Intergraph Corporation, ImageMaker Advertising Inc., Goontech, Esri Canada, EON Reality Inc., Bentley Systems, Incorporated, AVEVA Group plc, and AAM Pty Ltd.

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