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Global Terrestrial Laser Scanning Market to Expand at 14.9% CAGR from 2015 to 2023

Posted on May 16, 2016

Transparency Market Research (TMR) has announced the addition of a new market study on the terrestrial laser scanning market. The report analyzes the growth drivers and challenges of the market and their impact on the demand for terrestrial laser scanning during the forecast period from 2015 to 2023. The report is titled, “Terrestrial Laser Scanning Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023.” According to the report, the global terrestrial laser scanning market, which was worth US$724.67 mn in 2014, is anticipated to reach US$2,523.15 mn by 2023, expanding at a CAGR of 14.9% from 2015 to 2023.

Browse the full Terrestrial Laser Scanning Market - by Laser Type (Diode, Fiber, and Solid-state), by Technology (Phase-shift, Pulse-based, and Optical Triangulation), and by Application (Oil & Gas Industry, Construction Industry, Manufacturing Industry, Building Information Modeling, Agriculture Industry, and Others) - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023 report at https://www.transparencymarketresearch.com/terrestrial-laser-scanning-oil-gas-market.html

Terrestrial laser scanning is an accurate, efficient, and fast method of providing deliverables, and topographic surveying such as contour maps, raw data for technical analysis and databases, spatial cloud data, and digital elevation models. It works on the principle where a sensor releases a laser beam continually towards an object, receives it, and then calculates the size of the object.

Terrestrial laser scanning, which is also referred to as light detection and ranging (LiDAR), is regarded as being an effective method for capturing 3D data. Terrestrial laser scanning is an ideal and efficient method to obtain real-time data of large areas and objects in a short span of time. It is used in surveys to collect complex geometric data from buildings, machines, and other objects. While terrestrial laser scanning technologies have been used in the past for modeling and surveying complex systems in a factory, it is now used in media and entertainment, residential building construction, road construction work, in-door surveying of commercial buildings, museum layout preparation, and small-scale topographic surveying, to collect real world data.

The terrestrial laser scanning market is segmented on the basis of application, type, region, and technology. On the basis of laser type, the global terrestrial laser scanning market is segmented into fiber, diode, and solid-state lasers, of which the diode laser segment held the largest share of 59.16% in the market in 2014. By technology, the market is segmented into pulse-based scanner, phase-shift scanner, and optical triangulation. Out of these, the phase-shift scanner segment represented the largest share of 66.86% of the terrestrial laser scanning market in 2014.

The terrestrial laser scanning market is segmented on the basis of application into construction and fabrication, oil and gas, manufacturing, agriculture, building information modeling, and other industries. The others industry segment comprises forensics, ship building, mobile mapping, and defense and security, and held the largest share of 33.60% in the global market. The demand for terrestrial laser scanners is expected to rise in the future owing to the growth of various industries.

The major operators in the terrestrial laser scanning market that have been profiled in the report are: Blom ASA, Trimble Navigation Limited, Fugro N.V., Maptek Pty Limited, Faro Technologies, Inc., Ametek, Inc.,  Leica Geosystems HDS, LLC.

The terrestrial laser scanning market is segmented as follows:

By Laser Type

  • Diode Laser
  • Fiber Laser
  • Solid-state Laser

By Technology

  • Phase-shift Scanner
  • Pulse-based Scanner
  • Optical Triangulation

By Application

  • Oil & Gas Industry
  • Construction & Fabrication Industry
  • Manufacturing Industry
  • Building Information Modeling
  • Agriculture Industry
  • Others

By Region

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Rest of the World

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TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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