FARMINGTON, March 18, 2023 (GLOBE NEWSWIRE) — The terrestrial laser scanning market is expected to reach US$4.45 billion by 2030 and will grow at a CAGR of 7.7% over the forecast period 2022-2030. Terrestrial Laser Scanning (TLS) is a type of 3D scanning that uses a laser scanner on a tripod to scan large objects and environments. This method is widely used in construction, forestry, surveying and other fields. TLS, also known as “long-range laser scanning,” requires the scanner to be in one location. Other laser scanners, on the other hand, can be mounted on a car or used handheld to collect data from a wider angle. TLS scans take longer and are more difficult to use than mobile scans, but they are more reliable.
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Laser scanning has become a part of the metrology business as scanning equipment has improved over the last 30 years. Laser scanning technology is one of the best ways to get spatial data and create 3D models in the modern world. Traditional geodetic methods are not as good as terrestrial laser scanning (TLS) because it captures spatial data so well. It is increasingly used in the related fields of surveying, civil engineering, economics, architecture and archaeology.
Recent developments in the terrestrial laser scanning market:
In May 2018, FARO Technologies took a strategic minority stake in present4D GmbH, a leading provider of software solutions for professional virtual reality (VR) presentation and training environments. This partnership will drive the adoption of virtual reality solutions in a variety of commercial and industrial applications. In April 2018, the company acquired privately held Viewpoint from Bain Capital in a $1.2 billion cash deal. Viewpoint is highly complementary to Trimble’s e-Builder business and will expand Trimble’s capabilities to provide a more complete and integrated project, site and business flow throughout the construction lifecycle. In October 2018, Creaform ACADEMIA released Pipecheck 5.0 with significant improvements to enable integrity assessment of complete pipe connections. Since its inception in 2011, Pipecheck has become the standard for the accurate and reliable NDT diagnosis of surface damage to pipeline inner and outer liners using ultrasonic testing and 3D scanning, whether it is corrosion, denting or joints metal trades.
Terrestrial Laser Scanning Market Dynamics:
The main reason the market is making more money is because GNSS applications are growing rapidly. The increasing use of Software as a Service (SaaS) and LiDAR are two other things that are expected to drive revenue growth in the market.
Laser scanning technology is one of the best ways to get spatial data and create 3D models in the modern world. Traditional geodetic methods are not as good as terrestrial laser scanning (TLS) because it captures spatial data so well. It is increasingly used in the related fields of surveying, civil engineering, economics, architecture and archaeology. The TLS system completely records the object to be checked, including all of its structural parts. Modern scanners can scan quickly, reducing the time it takes to measure an object and collect more data about it.
In 2021, most of the money is expected to come from the Asia-Pacific region. The main reason for the growth is that the construction industry in the region is growing rapidly. The market for these devices in Asia Pacific is driven by the fact that China, Australia and Malaysia require many of them and that their construction industries are growing rapidly.
North America sales growth is likely to stay the same for the next several years. Infrastructure growth in the US and Canada will increase the need for this technology. Increasing demand for effective real-time data collection tools in the industrial, oil and gas, and construction sectors is expected to contribute to the growth of the regional market. Therefore, US land laser scanning system sales are increasing because they help end users reduce costs by making projects take less time.
During the forecast period, income in Europe is expected to grow moderately. The regional market is growing because terrestrial 3D laser scanners are now available and more and more people want reliable and effective terrestrial laser scanning. Also, local surveyors are investing in new technology as the region’s mining industry requires increasingly reliable and effective laser scanning.
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Scope of the report:
Report AttributesDetailsGrowth Rate7.7% from 2023 to 2030Revenue Forecast to 2030$4.45BBy SolutionScanning Systems, Scanning ServicesBy TechnologyPhase-Shift Scanner, Pulse Based Scanner, Mobile ScannerBy TypeDiode, Fiber Optic, Solid StateBy ApplicationBuilding Information Modeling (BIM), Architecture, Civil Engineering, Surveying, Topographic Surveying, City Model Surveying, Mining Surveying, Forestry & Agricultural Surveying, Surveillance Surveying, Archaeological Surveying, Research & Engineering, OthersBy FormulationPowder, Tablet & Capsule, Liquid, Granules & Gelling AgentBy Company3D Digital Corporation (US), Carl Zeiss Optotechnik (Germany), Creaform (Canada) , FARO Technologies (USA), Maptek (Australia), Trimble (USA), RIEGL Laser Measurement Systems (Austria), Teledyne Technologies (USA), Topcon (Japan), Hexagon (Sweden), and Zoller + Fröhlich (Germany), Tecomet , Orchid, Paragon Medical, Greatbatch, Accellent, Autocam Medical. and othersBase year2022Historical year2017 to 2021Forecast Yes gb2023 to 2030
Terrestrial Laser Scanning Market Segments Covered:
Top Market Players:
3D Digital Corporation (USA), Carl Zeiss Optotechnik (Germany), Creaform (Canada), FARO Technologies (USA), Maptek (Australia), Trimble (USA), RIEGL Laser Measurement Systems (Austria), Teledyne Technologies (USA), Topcon (Japan), Hexagon (Sweden) and Zoller + Fröhlich (Germany), Tecomet, Orchid, Paragon Medical, Greatbatch, Accellent, Autocam Medical and others.
Scanning Systems Scanning Services
Phase shift scannerPulse based scannerMobile scanner
Terrestrial Laser Scanning Market by Application: –
Building Information Modeling (BIM)Architecture, Civil EngineeringSurveying, Topographical SurveyingCity Modeling SurveyMining SurveyingForest & Agricultural SurveyingMonitoring SurveyingArchaeological SurveyingResearch and EngineeringOthers
Regions and countries covered
North America: (USA, Canada, Mexico, Rest of North America)Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)Asia Pacific: (Japan, China, India, Australia , South Korea, Southeast Asia, Rest of Asia Pacific) Middle East & Africa: (Saudi Arabia, United Arab Emirates, Egypt, South Africa, Rest of Middle East & Africa) Latin America: (Brazil, Argentina, Rest of Latin America )Rest of World
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