North America 3D Rendering Market: 2017-2022: Highlighting Key Trends Of Growth
3D rendering is being extensively used in architecture and design organizations, visual effect firms and even industries such as automotive, telecommunication, industrial electronics, film, and animation. 3D rendering constitutes of visualization, animation development and production of 3D render images of any kind of an object. Skilled designers make few alterations to the 3D rendered images to easily animate and create 3D visualizations. There are no additional models needed. The entire process of 3D rendering saves time and minimizes expense.
The construction firms are able to create realistic pictures, a design of prototypes and offer their clients a thorough visualization of their future space for presentation. This gives a complete understanding of every element connected to space before building anything further. It, therefore, is working as an effective marketing tool for the architecture firms, especially in North America, as it allows them to create a great visualization of the available space for client presentation.
According to one of the well-researched articles online, “The AEC segment occupies around 20% of the global 3D animation market and is expected to showcase substantial growth during the forecast period. The global 3D animation software market for the AEC industry is anticipated to post a CAGR of more than 9% over the next four years. Architectural animation makes it possible to design and understand the details of a structure along with the landscape and terrain conditions.”
At present, there are several industry-specific 3D rendering software is available in North America. They are designed according to the needs of the different industry vertical and domain. This enables it to easily connect to the existing workflow. The software offers a highly realistic display with real time interaction and giving real time optimization ability. It gives every construction firm the platform to improve the designing for the entire process of structural engineering to marketing.
Transparency Market Research (TMR) analysts have highlighted trends of growth in the global visualization and 3D rendering software market. According to this research,
- North America is currently the ‘key leading revenue contributor’ to the global market in the 3D rendering and visualization.
- Last year the North America visualization and 3D rendering software market accounted for a massive 34% of the overall market.
- The demand for visualization and 3D rendering software is contributed by these industries who use 3D rendering software on a larger scale – VFX studios, film studios, and BIM modelers.
The construction sector, globally, has seen a highly promising growth trends for 3D rendering because of many factors such as rise in infrastructure, residential and commercial construction, increased population, hospitality, retail sector and educational institutions. According to another research, “The 3D animation market- Global Forecast to 2022, the market is expected to grow from USD 12.01 billion in 2017 to USD 21.05 billion by 2022, at a CAGR of 11.9%.”
According to the “Global Architectural Rendering Software Market 2016-2020” report forecasts by Research and Markets, “The global architectural rendering software market will grow at a CAGR of 29.37% during the period 2016-2020”
In the 1970s the firms were reliant on 2D pictures and drawings to plan and design the structures. However, in the last few years, most organizations have adopted 3D architectural rendering software as it provides several useful features such as a realistic view of the space. This gives an opportunity to the designer and architects to create a model of the structure, eliminating errors and mistakes before real construction.
Though North America is the key leading revenue contributor, according to the “Global Architectural Rendering Software Market 2016-2020” report there is an increased use of 3D rendering software in the Middle East and emerging Asian countries that will drive the prospects for market growth.
BluEnt can leverage the potential of 3D rendering and visualization in your upcoming project to save time and retain maximum cost benefits. Connect with us. We are an expert firm offering additional and most innovative renders that include textures, lightings, and shadows that generate realistically and add a very close feel to the structure and landscape.
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