Terrestrial Laser Scanning Market Size, Share and Forecasts 2026
The global terrestrial laser scanning market was worth $ XX billion in 2018 and is expected to reach $ XX billion by 2026, at a CAGR of XX% during the forecast period 2019 to 2026.
(EMAILWIRE.COM, September 05, 2019 ) Market Overview
• The terrestrial laser scanning system is generally known as terrestrial LIDAR (light detection and ranging)/ topographic LIDAR, this works on the principle which is similar to electronic distance measuring instrument. Lasers emit electromagnetic radiation, from a transmitter and captures the reflected light by a receiver, which is coherent and monochromatic. The emitted beams are highly directional, contain a lot of energy. It rapidly acquires accurate, dense 3D data acquisition of object surfaces by laser range finding using time of travel of the emitted beam. This is cost effective and very fast way to produce 3D Models.
• These systems are widely used in surveys to collect complex geometric data from buildings, land, and other objects. The utilization of laser scanning systems has risen dramatically in recent years for rapid mapping and the compilation of asset inventories. Thus growing demand for these systems is expected to drive the global terrestrial laser scanning market over the forecast period.
Market Dynamics
• Increasing demand for 3D laser scanners in the infrastructure industry, survey, and research & development are the major factors expected to drive the global terrestrial laser scanners market. It is owing to increasing adoption of LiDAR in Building Information Modeling (BIM) Applications, increasing adoption of software as a solution (SaaS) and advancements in networking for GNSS applications for land survey equipment. Further, the rise in the global capital expenditure from the infrastructure industry along with increasing global Gross Domestic Product (GDP), rising disposable income especially in Asian countries, and rising standard of living are driving the growth of the terrestrial laser scanning market.
• However, factors like high investment and maintenance costs of terrestrial laser scanning, along with limitations of LIDAR in harsh weather conditions are hampering the global terrestrial laser scanning market.
Market Segmentation
• Based on product the global terrestrial laser scanning market is broadly segmented as phase shift, mobile scanner, pulse-based scanner, and optical triangulation. Among all these phase shift scanners accounted for major market share and is expected to grow at a high CAGR during the forecast period. It is owing to the demand for BIM, and 3D modeling of assets is witnessing growth in the developed countries which, in turn, has generated the need for efficient and faster equipment. Using phase shift scanners, the distance is measured by analyzing the shift in the wavelength of the return beam. These are also capable of modulating the power of the laser beam. Therefore, they offer better performance compared to other scanners.
• Based on application, the global terrestrial laser scanning market is broadly segmented into Building Information Modelling (BIM), surveying, photogrammetry and remote sensing, volume estimation, and others. Among all these building information modeling accounted for major market share in 2018 and is projected to grow at a high pace over the forecast period. Building information modeling is used in building information modeling for creating complex 3D models along with deformation projects, assets management projects, infrastructure up gradation projects, and others. Thus, growth in the demand for BIM is expected to propel the global terrestrial laser scanning market.
Geographical Analysis
The global terrestrial laser scanning market is segmented into
• North America,
• Europe,
• Asia Pacific,
• South America,
• Middle East
• Africa.
Company profiles
Significant players of the global terrestrial laser scanning are
• Carl Zeiss Optotechnik,
• Creaform,
• FARO Technologies,
• Maptek, Trimble,
• Others
View full sample report: https://www.datamintelligence.com/research-report/terrestrial-laser-scanning-market
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About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
• The terrestrial laser scanning system is generally known as terrestrial LIDAR (light detection and ranging)/ topographic LIDAR, this works on the principle which is similar to electronic distance measuring instrument. Lasers emit electromagnetic radiation, from a transmitter and captures the reflected light by a receiver, which is coherent and monochromatic. The emitted beams are highly directional, contain a lot of energy. It rapidly acquires accurate, dense 3D data acquisition of object surfaces by laser range finding using time of travel of the emitted beam. This is cost effective and very fast way to produce 3D Models.
• These systems are widely used in surveys to collect complex geometric data from buildings, land, and other objects. The utilization of laser scanning systems has risen dramatically in recent years for rapid mapping and the compilation of asset inventories. Thus growing demand for these systems is expected to drive the global terrestrial laser scanning market over the forecast period.
Market Dynamics
• Increasing demand for 3D laser scanners in the infrastructure industry, survey, and research & development are the major factors expected to drive the global terrestrial laser scanners market. It is owing to increasing adoption of LiDAR in Building Information Modeling (BIM) Applications, increasing adoption of software as a solution (SaaS) and advancements in networking for GNSS applications for land survey equipment. Further, the rise in the global capital expenditure from the infrastructure industry along with increasing global Gross Domestic Product (GDP), rising disposable income especially in Asian countries, and rising standard of living are driving the growth of the terrestrial laser scanning market.
• However, factors like high investment and maintenance costs of terrestrial laser scanning, along with limitations of LIDAR in harsh weather conditions are hampering the global terrestrial laser scanning market.
Market Segmentation
• Based on product the global terrestrial laser scanning market is broadly segmented as phase shift, mobile scanner, pulse-based scanner, and optical triangulation. Among all these phase shift scanners accounted for major market share and is expected to grow at a high CAGR during the forecast period. It is owing to the demand for BIM, and 3D modeling of assets is witnessing growth in the developed countries which, in turn, has generated the need for efficient and faster equipment. Using phase shift scanners, the distance is measured by analyzing the shift in the wavelength of the return beam. These are also capable of modulating the power of the laser beam. Therefore, they offer better performance compared to other scanners.
• Based on application, the global terrestrial laser scanning market is broadly segmented into Building Information Modelling (BIM), surveying, photogrammetry and remote sensing, volume estimation, and others. Among all these building information modeling accounted for major market share in 2018 and is projected to grow at a high pace over the forecast period. Building information modeling is used in building information modeling for creating complex 3D models along with deformation projects, assets management projects, infrastructure up gradation projects, and others. Thus, growth in the demand for BIM is expected to propel the global terrestrial laser scanning market.
Geographical Analysis
The global terrestrial laser scanning market is segmented into
• North America,
• Europe,
• Asia Pacific,
• South America,
• Middle East
• Africa.
Company profiles
Significant players of the global terrestrial laser scanning are
• Carl Zeiss Optotechnik,
• Creaform,
• FARO Technologies,
• Maptek, Trimble,
• Others
View full sample report: https://www.datamintelligence.com/research-report/terrestrial-laser-scanning-market
Download free sample: https://www.datamintelligence.com/Download-sample/terrestrial-laser-scanning-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results