3d Reconstruction Technology Market
3D Reconstruction Technology Market Forecasts to 2028 - Global Analysis By Type (Based on Images and Video, 3D Reconstruction Software, Based on 3D Scanning), Component (Services, Software), Construction Method (Active Construction, Passive Construction), Deployment (Cloud, On-Premises), Application (3D Printing, Culture Heritage and Museum, Drones and Robots, Films and Games, Digital Media, Computer Graphics), End User (Architecture & Construction, Manufacturing, Media & Entertainment, Oil & Gas, Education & Research, Marine, Energy), and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $920.76 MN |
|
Projected Year Value (2028) |
US $1,667.10 MN |
|
CAGR (2022 - 2028) |
10.4% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Fastest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global 3D Reconstruction Technology Market is accounted for $920.76 million in 2022 and is expected to reach $1,667.10 million by 2028 growing at a CAGR of 10.4% during the forecast period. 3D reconstruction technology is a procedure of capturing the shape and manifestation of real objects. This process can be practiced either by active or passive methods. This is the technology that includes tools that provide a three-dimensional framework of the specific operation or product. These tools help project managers, site engineers as well as site laborers to clearly understand the product in a virtualized environment. The 3D reconstruction technology combines traditional computer-aided design (CAD) and 3D modeling in order to design visualize, and simulate a digital representation of the physical and functional characteristics of a structure over its life cycle. These services and tools are widely used in various sectors including manufacturing, healthcare, oil & gas and retail.
US media and entertainment industry is among the largest in the world at USD 735 billion it represents one-third of the global M and E industry. For instance, in May 2019, a research team discovered 99-million-year-old millipede in Burmese amber and the description of an entirely new suborder was possible due to the 3D reconstruction of the fossil.
Market Dynamics:
Driver:
Increase in adoption of 3D construction tools for preservation and restoration of heritage sites
Historical heritage sites must be sheltered to conserve the culture of diverse regions. Governments across the globe and international organizations are undertaking initiatives to preserve and reconstruct monuments in order to increase awareness about their history. 3D reconstruction software helps in recreating images of historical monuments that are not complete or objects that are worn out and decaying. 3D reconstruction gives an idea of how an object or a sculpture would appear if it was complete. Adoption of 3D reconstruction software is expected to surge, as heritage monuments are getting older and need to be reconstructed or preserved. In April 2022, the Danish National Commission for UNESCO collaborated with Blue Shield Denmark to launch the Backup Ukraine program. The program is aimed at digitally preserving Ukraine’s cultural and historical monuments, architectures, and statues, including UNESCO-recognized heritage sites that were destroyed during the Russian invasion of Ukraine. The program enables people to take a 3D scan of an object with their iPhone or iPad using the Polycam application and upload digital renderings of important landmarks. Thus, increase in focus on preserving and reconstructing historical and heritage sites are augmenting the global 3D reconstruction technology market.
Restraint:
High cost of 3D reconstruction technology
The cost of 3D reconstruction technology is high and thus, it will not be commonly available. This may hinder growth of the global market. The cost of 3Dreconstruction is declining due to the maturing of this technology; however, the inexpensive 3D reconstruction scanners on the market may not be able to generate a clearpoint cloud model as expected.
Opportunity:
Rise in demand for passive 3D reconstruction technology in industrial and healthcare sectors
3D reconstruction technology can be segmented into active and passive. Active construction involves real-time representation of objects that are to be reconstructed, while passive construction entails the reconstruction of images that are obtained from the repository. espousal of passive 3D reconstruction technology is higher than that of active construction technology. Ultrasonic imaging technique is one of the widely used active construction methods for 3D imaging in diverse industrial and medical applications. It can be used for 3D surface prototyping of an object, which helps in real-time monitoring of a wheel/rail system, measurement of the contact area between milling cutters and work-pieces, diagnosis of wear in machining tools, and non-destructive testing of cracks inside machine parts. The usage of active construction has increased in the healthcare industry during surgeries and operative treatments. 3D reconstruction solutions for jaw or facial reconstruction involve the printing of full-scale replicas of skulls.
Threat:
Lack of skilled professionals
The global market growth is restricted by a lack of skilled professionals. 3D reconstruction from images plays a major role in computer vision, with massive improvements concerning both quality and performance. One of its main applications is in the generation of 3D models of objects that are difficult to model and require skilled users. As 3D reconstruction is divided into three processes, namely, planning, flight execution, and processing, the first design steps of the imaging system and the flight plan are the decisive factors for the overall project quality, and they are mutually dependent. However, the post-processing solutions for 3D reconstruction require skilled users for the first design phase and for tuning the post-processing parameters afterward, in order to eventually get the best possible quality of reconstruction. The lack of skilled users may continue to challenge the market’s growth.
Covid-19 Impact
Many industries across the globe have been negatively impacted over the last few years. This is attributed to significant disruptions experienced by their respective manufacturing and supply-chain operations because of various precautionary lockdowns, as well as other restrictions that were enforced by governing authorities across the globe. The same applies to the global 3D reconstruction technology market. Furthermore, consumer demand has subsequently reduced as individuals are now keener on eliminating non-essential expenses from their respective budgets as the general economic status of most individuals has been severely affected by this outbreak. However, as respective governing authorities begin to lift these enforced lockdowns, the global 3D reconstruction technology market is expected to recover accordingly.
The software segment is expected to be the largest during the forecast period
The software segment is estimated to have a lucrative growth, due to its rising use for medical practices and video surveillances and rising utility of 3D reconstruction software in image synthesis applications as well as medical and life-sciences imaging. 3D reconstruction software allows designers to explore a greater number of possibilities during the design process while making revisions quickly and efficiently. With technological advancements and product innovations, 3D printing technology is being applied in a wide variety of areas, due to which a significant number of reconstruction software solutions for multi-view images are being adopted. The software solutions used in a wide variety of applications are GIS applications, cultural heritage, media and entertainment, manufacturing, healthcare, etc.
The healthcare segment is expected to have the highest CAGR during the forecast period
The healthcare segment is anticipated to witness the fastest CAGR growth during the forecast period, due to a rise in the use of technological advancements in the healthcare industry and increasing innovation and investment in healthcare applications, such as organ prototyping, modeling, and production. In the healthcare sector, the 3D reconstruction technology is gathering traction as it can be incorporated with magnetic resonance imaging (MRI) in order to develop 3D models of internal body parts. Hence, patients need not go through a surgery in order to get clear picture on the malfunctioning and damage of the body part. The usage of 3D reconstruction could allow doctors to better understand the bone structure.
Region with highest share:
North America is projected to hold the largest market share during the forecast period owing to extensive adoption of advanced technologies in industries such as films and games, construction and automotive, the region’s well-established infrastructure, rise in the initiatives by the government for the preservation of cultural heritage, and early adoption of technologies in countries such as the U.S. and Canada. Several governments in the region have adopted 3D reconstruction technology for site assessments and investigations, crime scene reconstruction using 3D computers, and situational awareness. In accident reconstruction, 3D reconstruction technology recreates scenes with aerial mapping to obtain accurate data at low cost and with less risk to investigators and motorists.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the the occurrence of major key players, rapid expansion in the entertainment industry, wide adoption of 3D reconstruction techniques in civil construction, and surge in demand for mobile mapping systems in the region. Moreover, emerging economies such as China, India, and Southeast Asian countries are pegged to be key drivers for 3D reconstruction technology in Asia Pacific.
Key players in the market
Some of the key players profiled in the 3D Reconstruction Technology Market include General Electric Company, Quorum Technologies Inc., Pix4D SA, Capturing Reality s.r.o., Photometrix Ltd., Matterport, Inc., Koninklijke Philips NV, Skyline Software Systems, Bentley Systems Incorporated, Intel Corporation, Faro Technologies Inc., Vi3Dim Technologies, Agisoft LLC, Airbus S.A.S., Photomodeler Technologies, Autodesk Inc., and Occipital, Inc.
Key Developments:
In July 2022, Skyline Software Systems, Inc., a provider of 3D Earth visualization software and services, announced a partnership with PASCO Corporation to launch TerraExplorer, a 3D GIS desktop application, in Japan. 3D reconstruction technology-enabled TerraExplorer provides a high-resolution 3D environment and tools to view, analyze, query, and present geospatial data.
In October 2019, Pix4D SA launched two new products at its user conference in Denver, namely, Pix4Dsurvey and Pix4Dreact. Pix4Dsurvery bridges the gap between CAD and photogrammetry software, by allowing integration in accordance with user-specified custom layers and properties, while Pix4Dreact allows for faster mapping during emergency response. Both the products leverage the suite of company's 3D software solutions.
In June 2019, Intel expanded the Intel RealSense product line with the Intel RealSense Depth Camera SR305. The SR305 is a coded light, a standalone camera that provides a low-cost depth solution that is ideal for getting started with depth technology and could be used in various 3D reconstruction applications. Development and programming are supported by the open-source Intel RealSense SDK 2.0.
Types Covered:
• Based on Images and Video
• 3D Reconstruction Software
• Based on 3D Scanning
Components Covered:
• Services
• Software
• Wireless Security
• Mobile Security
• Cloud Security
Construction Methods Covered:
• Active Construction
• Passive Construction
Deployments Covered:
• Cloud
• On-Premises
Applications Covered:
• 3D Printing
• Culture Heritage and Museum
• Drones and Robots
• Films and Games
• Computer Aided Geometric Design (CAGD)
• Digital Media
• Computer Graphics
• Civil Engineering
• Product Design & Development
• Medical
• Public Safety & Forensics
• Mapping & Surveying
• Archeology & Documentation
End Users Covered:
• Architecture & Construction
• Manufacturing
• Healthcare
• Mining & Geology
• Agriculture
• Media & Entertainment
• Government, Public Safety, & Inspection
• Oil & Gas
• Industrial Machinery
• Aerospace & Defense
• Electrical & Electronics
• Real Estate & Engineering Survey
• Education & Research
• Marine
• Energy
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global 3D Reconstruction Technology Market, By Type
5.1 Introduction
5.2 Based on Images and Video
5.3 3D Reconstruction Software
5.4 Based on 3D Scanning
6 Global 3D Reconstruction Technology Market, By Component
6.1 Introduction
6.2 Services
6.3 Software
6.4 Wireless Security
6.5 Mobile Security
6.6 Cloud Security
7 Global 3D Reconstruction Technology Market, By Construction Method
7.1 Introduction
7.2 Active Construction
7.3 Passive Construction
8 Global 3D Reconstruction Technology Market, By Deployment
8.1 Introduction
8.2 Cloud
8.3 On-Premises
9 Global 3D Reconstruction Technology Market, By Application
9.1 Introduction
9.2 3D Printing
9.3 Culture Heritage and Museum
9.4 Drones and Robots
9.5 Films and Games
9.6 Computer Aided Geometric Design (CAGD)
9.7 Digital Media
9.8 Computer Graphics
9.9 Civil Engineering
9.10 Product Design & Development
9.11 Medical
9.12 Public Safety & Forensics
9.13 Mapping & Surveying
9.14 Archeology & Documentation
10 Global 3D Reconstruction Technology Market, By End User
10.1 Introduction
10.2 Architecture & Construction
10.2.1 Commercial
10.2.2 Residential
10.2.3 Dams
10.2.4 Bridges
10.2.5 Tunnels
10.3 Manufacturing
10.3.1 Robot Manufacturing
10.3.2 Automotive
10.3.3 Heavy Equipment
10.4 Healthcare
10.5 Mining & Geology
10.6 Agriculture
10.7 Media & Entertainment
10.8 Government, Public Safety, & Inspection
10.9 Oil & Gas
10.10 Industrial Machinery
10.11 Aerospace & Defense
10.12 Electrical & Electronics
10.13 Real Estate & Engineering Survey
10.14 Education & Research
10.15 Marine
10.16 Energy
11 Global 3D Reconstruction Technology Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 General Electric Company
13.2 Quorum Technologies Inc.
13.3 Pix4D SA
13.4 Capturing Reality s.r.o.
13.5 Photometrix Ltd.
13.6 Matterport, Inc.
13.7 Koninklijke Philips NV
13.8 Skyline Software Systems
13.9 Bentley Systems Incorporated
13.10 Intel Corporation
13.11 Faro Technologies Inc.
13.12 Vi3Dim Technologies
13.13 Agisoft LLC
13.14 Airbus S.A.S.
13.15 Photomodeler Technologies
13.16 Autodesk Inc.
13.17 Occipital, Inc.
List of Tables
1 Global 3D Reconstruction Technology Market Outlook, By Region (2020-2028) ($MN)
2 Global 3D Reconstruction Technology Market Outlook, By Type (2020-2028) ($MN)
3 Global 3D Reconstruction Technology Market Outlook, By Based on Images and Video (2020-2028) ($MN)
4 Global 3D Reconstruction Technology Market Outlook, By 3D Reconstruction Software (2020-2028) ($MN)
5 Global 3D Reconstruction Technology Market Outlook, By Based on 3D Scanning (2020-2028) ($MN)
6 Global 3D Reconstruction Technology Market Outlook, By Component (2020-2028) ($MN)
7 Global 3D Reconstruction Technology Market Outlook, By Services (2020-2028) ($MN)
8 Global 3D Reconstruction Technology Market Outlook, By Software (2020-2028) ($MN)
9 Global 3D Reconstruction Technology Market Outlook, By Wireless Security (2020-2028) ($MN)
10 Global 3D Reconstruction Technology Market Outlook, By Mobile Security (2020-2028) ($MN)
11 Global 3D Reconstruction Technology Market Outlook, By Cloud Security (2020-2028) ($MN)
12 Global 3D Reconstruction Technology Market Outlook, By Construction Method (2020-2028) ($MN)
13 Global 3D Reconstruction Technology Market Outlook, By Active Construction (2020-2028) ($MN)
14 Global 3D Reconstruction Technology Market Outlook, By Passive Construction (2020-2028) ($MN)
15 Global 3D Reconstruction Technology Market Outlook, By Deployment (2020-2028) ($MN)
16 Global 3D Reconstruction Technology Market Outlook, By Cloud (2020-2028) ($MN)
17 Global 3D Reconstruction Technology Market Outlook, By On-Premises (2020-2028) ($MN)
18 Global 3D Reconstruction Technology Market Outlook, By Application (2020-2028) ($MN)
19 Global 3D Reconstruction Technology Market Outlook, By 3D Printing (2020-2028) ($MN)
20 Global 3D Reconstruction Technology Market Outlook, By Culture Heritage and Museum (2020-2028) ($MN)
21 Global 3D Reconstruction Technology Market Outlook, By Drones and Robots (2020-2028) ($MN)
22 Global 3D Reconstruction Technology Market Outlook, By Films and Games (2020-2028) ($MN)
23 Global 3D Reconstruction Technology Market Outlook, By Computer Aided Geometric Design (CAGD) (2020-2028) ($MN)
24 Global 3D Reconstruction Technology Market Outlook, By Digital Media (2020-2028) ($MN)
25 Global 3D Reconstruction Technology Market Outlook, By Computer Graphics (2020-2028) ($MN)
26 Global 3D Reconstruction Technology Market Outlook, By Civil Engineering (2020-2028) ($MN)
27 Global 3D Reconstruction Technology Market Outlook, By Product Design & Development (2020-2028) ($MN)
28 Global 3D Reconstruction Technology Market Outlook, By Medical (2020-2028) ($MN)
29 Global 3D Reconstruction Technology Market Outlook, By Public Safety & Forensics (2020-2028) ($MN)
30 Global 3D Reconstruction Technology Market Outlook, By Mapping & Surveying (2020-2028) ($MN)
31 Global 3D Reconstruction Technology Market Outlook, By Archeology & Documentation (2020-2028) ($MN)
32 Global 3D Reconstruction Technology Market Outlook, By End User (2020-2028) ($MN)
33 Global 3D Reconstruction Technology Market Outlook, By Architecture & Construction (2020-2028) ($MN)
34 Global 3D Reconstruction Technology Market Outlook, By Commercial (2020-2028) ($MN)
35 Global 3D Reconstruction Technology Market Outlook, By Residential (2020-2028) ($MN)
36 Global 3D Reconstruction Technology Market Outlook, By Dams (2020-2028) ($MN)
37 Global 3D Reconstruction Technology Market Outlook, By Bridges (2020-2028) ($MN)
38 Global 3D Reconstruction Technology Market Outlook, By Tunnels (2020-2028) ($MN)
39 Global 3D Reconstruction Technology Market Outlook, By Manufacturing (2020-2028) ($MN)
40 Global 3D Reconstruction Technology Market Outlook, By Robot Manufacturing (2020-2028) ($MN)
41 Global 3D Reconstruction Technology Market Outlook, By Automotive (2020-2028) ($MN)
42 Global 3D Reconstruction Technology Market Outlook, By Heavy Equipment (2020-2028) ($MN)
43 Global 3D Reconstruction Technology Market Outlook, By Healthcare (2020-2028) ($MN)
44 Global 3D Reconstruction Technology Market Outlook, By Mining & Geology (2020-2028) ($MN)
45 Global 3D Reconstruction Technology Market Outlook, By Agriculture (2020-2028) ($MN)
46 Global 3D Reconstruction Technology Market Outlook, By Media & Entertainment (2020-2028) ($MN)
47 Global 3D Reconstruction Technology Market Outlook, By Government, Public Safety, & Inspection (2020-2028) ($MN)
48 Global 3D Reconstruction Technology Market Outlook, By Oil & Gas (2020-2028) ($MN)
49 Global 3D Reconstruction Technology Market Outlook, By Industrial Machinery (2020-2028) ($MN)
50 Global 3D Reconstruction Technology Market Outlook, By Aerospace & Defense (2020-2028) ($MN)
51 Global 3D Reconstruction Technology Market Outlook, By Electrical & Electronics (2020-2028) ($MN)
52 Global 3D Reconstruction Technology Market Outlook, By Real Estate & Engineering Survey (2020-2028) ($MN)
53 Global 3D Reconstruction Technology Market Outlook, By Education & Research (2020-2028) ($MN)
54 Global 3D Reconstruction Technology Market Outlook, By Marine (2020-2028) ($MN)
55 Global 3D Reconstruction Technology Market Outlook, By Energy (2020-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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