Dublin, Feb. 05, 2019 (GLOBE NEWSWIRE) -- The "Terrestrial Laser Scanning Market by Solution (TLS System, TLS Services), Application (Building Information Modelling (BIM), Surveying, Research & Development), Type (Phase-Shift, Pulse-Based and Mobile Scanner), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The terrestrial laser scanning market is estimated to be USD 3.0 billion in 2018 and is projected to reach USD 4.4 billion by 2023, at a CAGR of 8.17% from 2018 to 2023.
A terrestrial laser scanner is an integrated multi-role system primarily used for surveys and imaging applications across the globe. The scanner creates a 3D point cloud model of landscapes, buildings, and other nearby objects. Terrestrial scanning is currently the most detailed and accurate method of creating digital elevation models, replacing photogrammetry. Terrestrial laser scanners are increasingly used to generate digital 3D-representations of objects in seismographic surveys.
One of the most significant factors driving the growth of the Terrestrial laser scanning market is the increasing demand for land mapping services. The increasing demand for LiDAR software as a service has also contributed to the growth of the terrestrial laser scanning software market. However, the high cost of LiDAR data processing and lack of skilled manpower is challenging the growth of the market.
Terrestrial laser scanners can be mounted on vehicles and tripods and are used in a variety of applications across a wide range of industries, including agriculture, forestry, mining, construction, and infrastructure for elevation models, terrain models, contour maps, and tree height analysis.
North America is estimated to account for the largest share of 30.4% of the terrestrial laser scanner market in 2018. This market in Asia Pacific is projected to grow at the CAGR of 7.45% from 2018 to 2023. Most of the terrestrial laser system manufacturers are based in the north America region. T
he growth in the government spending on new infrastructure project is driving the growth of the North America region. Most of the tier 1 and tier 2 land survey service providers are also based out of US and Canada, which are driving the growth of these countries. The terrestrial laser scanning OEMs such as Trimble, Faro, and Teledyne are based in US, which are driving the market for the country. Digital infrastructure initiative is also driving the growth of this market in the region.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Growth Opportunities in Terrestrial Laser Scanner Market
4.2 Europe Terrestrial Laser Scanner Market, By Solution & Country
4.3 Terrestrial Laser Scanner Market, By Major Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Adoption of LiDAR in Building Information Modeling (BIM) Applications
5.2.1.2 Advancements in Networking for Gnss Applications of Land Survey Equipment
5.2.1.3 Increasing Adoption of Software as A Solution (SaaS)
5.2.2 Restraints
5.2.2.1 Limitations of LiDAR in Harsh Weather Conditions
5.2.3 Opportunities
5.2.3.1 Increased Use of LiDAR in GIS Applications
5.2.3.2 Increase in the Number of New Applications Demanding Terrestrial Laser Scanning Technology
5.2.4 Challenges
5.2.4.1 Conventional Mapping Techniques as A Low-Cost Substitute for LiDAR
6 Industry Trends
6.1 Introduction
6.2 Future Trends
6.3 Technology Trends
6.3.1 Advancements in Mobile LiDAR Software and User Interface
6.3.2 Fusion of LiDAR Data and Images
6.3.3 Geiger-Mode and Single Photon LiDAR
6.3.4 Microprocessors and Electronic Theodolites
6.3.5 Storage and Others Support Devices (Display, Prism, and Accessories)
6.4 Patent/Patent Applications
7 Terrestrial Laser Scanning Market, By Solution
7.1 Introduction
7.2 Terrestrial Laser Scanning System
7.2.1 Hardware
7.2.1.1 Laser Scanners
7.2.1.1.1 High Depth Reconstruction Accuracy is Increasing the Demand for Laser Scanners
7.2.1.2 Interface Devices
7.2.1.2.1 Demand for High Volume Data Transfer is Driving the Growth of Interface Devices
7.2.1.3 Wireless LAN Antenna
7.2.1.3.1 Increasing Trend for Wireless Connectivity is Driving Wireless LAN Antenna Market
7.2.1.4 Inertial Measurement Systems
7.2.1.4.1 Demand for Accurate TLS Data Presentation is Supporting the Growth of Inertial Measurement System (IMS)
7.2.1.5 GPS/Positioning Systems
7.2.1.5.1 Precise Positioning Requirements is Major Driver for Global Positioning Systems (GPS)
7.2.1.6 Digital Cameras
7.2.1.6.1 Advanced Features of Digital Camera Such as Digital Imaging and Geo-Referencing Will Be in High Demand
7.2.1.7 Others
7.2.2 Software
7.2.2.1 Huge Demand for Post Processing TLS Data Software is Driving the Software Market
7.3 Terrestrial Laser Scanning Services
7.3.1 Oil & Gas
7.3.1.1 Rise in the Demand for Asset Management Services in Oil & Gas Industry is Driving TLS Market.
7.3.2 Mining
7.3.2.1 Accurate Representations of Mines and Mining Machinery for Site Survey and Inspection is Driving the Terrestrial Laser Scanning Market in Mining
7.3.3 Infrastructure
7.3.3.1 Increasing Capital Expenditure in the Infrastructure Industry is Likely to Drive Terrestrial Laser Scanning Market
7.3.4 Forestry & Agriculture
7.3.4.1 Advances in Agriculture Technology & Increasing Crop Monitoring Activities is Increasing the Demand for Terrestrial Laser Scanning
7.3.5 Transportation & Logistics
7.3.5.1 High Demand for Corridor Mapping Services are Driving the Growth of Transportation & Logistics
7.3.6 Others
8 Terrestrial Laser Scanning Market, By Application
8.1 Introduction
8.1.1 Building Information Modeling (BIM)
8.1.1.1 Architecture
8.1.1.1.1 Demand for Digitalization From the Architecture Firms are Driving the Growth for BIM Application
8.1.1.2 Civil Engineering
8.1.1.2.1 Increase in the Growth for Housing and New Construction Projects are Driving the Market for Civil Engineering
8.1.2 Surveying
8.1.2.1 Monitoring Survey
8.1.2.1.1 Oil & Gas Exploration is Expected to Drive Monitor Survey Applications
8.1.2.2 Mining Survey
8.1.2.2.1 Increasing Demand for Mine Exploration From Developing Economies are Expected to Drive Market
8.1.2.3 Topographical Survey
8.1.2.3.1 Increasing Border and Land Development Activities are Expected to Drive Demand for Topographical Survey
8.1.2.4 Forestry & Agricultural Survey
8.1.2.4.1 Modernization of Agricultural Activities Across the World is Driving the Terrestrial Laser Scanning Market.
8.1.2.5 City Modeling Survey
8.1.2.5.1 Growing Road and Rail Transport is Expected to Drive Demand for City Modelling Survey
8.1.2.6 Archaeological Survey
8.1.2.6.1 Spreading Awareness About the Preservation of Valuable Historical Assets and Monuments Will Increase the Demand for Archaeological Survey
8.1.3 Research & Engineering
8.1.3.1 Rise in the Institutional Research is Driving the Marker for Research & Engineering
8.1.4 Others
9 Terrestrial Laser Scanning Market, By Type
9.1 Introduction
9.2 Phase-Shift Scanner
9.2.1 Due to Advantages Like Increased Speed of Acquisition and Dynamic Range Phase Shift Scanners Expected to Lead Terrestrial Laser Scanning Market
9.3 Pulse-Based Scanner
9.3.1 Increase in the Civil Engineering Projects are Expected to Increase the Demand Pulse-Based Scanner Type Segment
9.4 Mobile Scanner
9.4.1 Increasing Corridor Mapping Activities Will Increase the Demand for Mobile Scanners
10 Regional Analysis
11 Competitive Landscape
- 3D Digital Corporation
- Basic Software Inc.
- Carl Zeiss Optotechnik
- Creaform (Ametek)
- Faro Technologies
- Hexagon Geosystems
- Maptek
- Merrett Survey
- Riegl Laser Measurement Systems
- Teledyne Technologies
- Topcon
- Trimble
- Zoller + Frhlich
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