In order to solve the problem that structural light stereoscopic imaging cannot reconstruct objects with refraction property such as glass, and make the panoramic three-dimensional reconstruction cost lower, more realistic and more consistent with the structure observed by human eyes. In this paper, SBGM algorithm and ICP registration fusion are combined with binocular camera to reconstruct indoor panorama. The results of case reconstruction show that the panoramic 3d reconstruction based on binocular stereoscopic vision is closer to human eyes in imaging, and performs well in transparent objects, metal products and other places that will reflect/absorb infrared light, which is closer to human eyes.