3D Mapping and Modeling Market to Grow at 9% CAGR Driven by LIDAR to 2020

According to the Global 3D Mapping and Modeling Market 2016-2020 report 3D mapping is gaining popularity in the healthcare sector. It is increasingly being used to map human anatomy and helps in the modeling of surgeries

Increased use of LIDAR is the major trends in the 3D mapping and modeling market. LIDAR, a remote sensing technology, is used to measure distance. The target is illuminated with light from a laser, and the reflected light is analyzed to determine the distance. It provides accurate data regarding the terrain. The data from LIDAR is processed in point cloud format and converted to a 3D image by way of various techniques, like Delaunay triangulation. The analysts forecast global 3D mapping and 3D modeling market to grow at a CAGR of 9% during the period 2016-2020.

Complete report on 3D mapping and modeling market spread across 36 pages, profiling 3 companies and supported with 16 data exhibits is now available at http://www.reportsnreports.com/reports/461226-global-3d-mapping-and-modeling-market-2016-2020.html.

The augmented utilization of 3D mapping techniques in the healthcare sector is the primary growth driver for this 3D mapping and modeling market. In the healthcare sector, 3D mapping is increasingly being used to map the human anatomy and is also used for modeling during surgeries. Furthermore, its ability to effectively detect cancer cells is a significant factor that will impel market growth until the end of 2020.

Outlook of the Global 3D Mapping and Modeling Market
3D mapping and modeling is widely used in many industries to get a detailed representation of a product. It helps companies to design new products through the development of virtual prototypes. It is used across different verticals such as construction, healthcare, aerospace, defense, and automotive. Order a Single User License Copy of Global 3D Mapping and Modeling Market 2016-2020 Report at http://www.reportsnreports.com/Purchase.aspx?name=461226.

Geographical segmentation of the 3D mapping and modeling market – APAC, Europe, North America and ROW
In this market study, analysts have estimated the North American region to be the largest 3D mapping and modeling market during the forecast period. This region currently accounts for about 40% of the total market share and is envisaged to grow at an impressive CAGR of around 45% until 2020. In the Americas, the US is the major revenue contributor as many healthcare facilities in this region use 3D mapping techniques to detect diseases in patients.

Competitive landscape and key vendors
The global 3D mapping and modeling market is dominated by three major vendors. These companies have a strong geographical presence in the overall “maps” market.

The leading vendors analyzed in 3D mapping and modeling market study are Autodesk, Google, and Apple.

Other prominent vendors in the market include Airbus Defence and Space, Cybercity 3D, Esri, Garmin, GE, Intermap, Biosense Webster, Philips, SAAB, St. Jude Medical, TomTom, Topcon, Trimble, and USGS.

Further, the 3D mapping and modeling market report states that the purchase of equipment like LIDAR sensors, aerial photography cameras, and GIS recording tools requires huge initial investment. It is a deterrant for many smaller players trying to venture into the market.

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Release ID: 102020