FEATURED COMPANIES
- Creaform (Canada)
- FARO Technologies (US)
- Hexagon (Sweden)
- Maptek (Australia)
- Topcon (Japan)
- Trimble (US)
Rising in demand for land surveys and increasing digitalization needs in the infrastructure industry are boosting the market growth.
Market Size - USD 3.37 billion in 2019, Market Growth - CAGR of 7.1%, Market Trends - Rise in demand for a survey of the land.
The Global Terrestrial Laser Scanning market size is expected to reach USD 5.99 billion by 2027. A rise in demand for land surveys and 3D scanning techniques that can be used in the infrastructure industry is boosting the terrestrial laser scanning market. In turn, rising investment in the infrastructure sector is improving the market for terrestrial laser scanning.
Among industrial applications, laser scanning is well established. It is used by some businesses to acquire the exact surrounding data and is often used in emergencies such as evacuation. A laser scan is used to track the climate of forest resources. It is also used in spatial data capture and topographical survey assistance as well.
Asia Pacific has the largest CAGR of 7.2%. Owing to the growing use of laser scanning by prominent businesses for surveys, this region dominates the industry. North America market share closely follows the APAC revenue. The demand in the South American region will also be boosted by rising infrastructure in Brazil and Mexico.
Further Key Findings From the Report Suggest
For the purpose of this report, the Global Terrestrial Laser Scanning Market is segmented on the basis of solution, application, type, and region:
Solution Outlook Revenue, USD Million; 2017-2027
Application Outlook Revenue, USD Million; 2017-2027
Type Outlook Revenue, USD Million; 2017-2027
Regional Outlook Revenue, USD Million; 2017-2027
Reasons to Buy the Report
Market Size - USD 3.37 billion in 2019, Market Growth - CAGR of 7.1%, Market Trends - Rise in demand for a survey of the land.
The Global Terrestrial Laser Scanning market size is expected to reach USD 5.99 billion by 2027. A rise in demand for land surveys and 3D scanning techniques that can be used in the infrastructure industry is boosting the terrestrial laser scanning market. In turn, rising investment in the infrastructure sector is improving the market for terrestrial laser scanning.
Among industrial applications, laser scanning is well established. It is used by some businesses to acquire the exact surrounding data and is often used in emergencies such as evacuation. A laser scan is used to track the climate of forest resources. It is also used in spatial data capture and topographical survey assistance as well.
Asia Pacific has the largest CAGR of 7.2%. Owing to the growing use of laser scanning by prominent businesses for surveys, this region dominates the industry. North America market share closely follows the APAC revenue. The demand in the South American region will also be boosted by rising infrastructure in Brazil and Mexico.
Further Key Findings From the Report Suggest
- Terrestrial laser scanning market share in 2018 was USD 3.15 billion. Its primary application is in acquiring geographical data that is used in topographical surveys.
- Terrestrial laser scanning has come to be widely used in residential construction market beside mobile mapping of buildings. It is used to analyze the lay of the land where the construction will occur.
- Phase based scanning is chiefly used in building surveys as well as short-range work whereas pulse-based scanning is preferred for its speed and is used for long-distance work.
- Laser technology is used in mining to calculate the surface location or the targeted element. To build a 3D model of the mining area, laser scanning is also used.
- A big use of laser scanning is forestry. It is an important way in the forest plot to obtain a tree's information attributes.
- The building information model is used in engineering, science, asset management programs, infrastructure improvements, etc.
- With a CAGR of 7.2%, the Asia Pacific region dominates the market. The emergence of multiple construction projects has given rise to the laser scanning market in this area.
- Key participants in terrestrial laser scanning market include 3D Digital Corporation U.S., Carl Zeiss Optotechnik Germany, Maptek Australia, Trimble U.S., Creaform Canada, RIEGL Laser Measurement Systems Austria, FARO Technologies U.S., Topcon Japan, Hexagon Sweden and Teledyne Technologies U.S., among others.
- In May 2018, Faro Technologies invested in present4D GmbH, which is a virtual reality technical solution provider. This partnership would combine applications into a wide range of software that will drive the industry.
For the purpose of this report, the Global Terrestrial Laser Scanning Market is segmented on the basis of solution, application, type, and region:
Solution Outlook Revenue, USD Million; 2017-2027
- Hardware
- Software
- Oil and Gas
- Mining
- Infrastructure
- Forestry and Agriculture
- Transportation and Logistics
Application Outlook Revenue, USD Million; 2017-2027
- Building Information Modeling BIM
- Surveying
- Research and Engineering
Type Outlook Revenue, USD Million; 2017-2027
- Phase Shift Scanning
- Pulse-based Scanning
- Mobile Scanning
Regional Outlook Revenue, USD Million; 2017-2027
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- India
- Latin America
- Brazil
- Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of Terrestrial Laser Scanning Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in Terrestrial Laser Scanning market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Creaform (Canada)
- FARO Technologies (US)
- Hexagon (Sweden)
- Maptek (Australia)
- Topcon (Japan)
- Trimble (US)
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Terrestrial Laser Scanning Market Segmentation & Impact Analysis
Chapter 5. Terrestrial Laser Scanning Market By Solution Insights & Trends
Chapter 6. Terrestrial Laser Scanning Market By Application Type Insights & Trends
Chapter 7. Terrestrial Laser Scanning Market By Type Insights & Trends
Chapter 8. Terrestrial Laser Scanning Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Note: Product cover images may vary from those shown
- Carl Zeiss Optotechnik (Germany)
- 3D Digital Corporation (US)
- Maptek (Australia)
- Trimble (US)
- Creaform (Canada)
- RIEGL Laser Measurement Systems (Austria)
- FARO Technologies (US)
- Topcon (Japan)
- Hexagon (Sweden)
- Teledyne Technologies (US)
Note: Product cover images may vary from those shown
