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According to the estimates by IMARC Group, the global terrestrial laser scanning market is expected to witness a CAGR of 4% from 2021 to 2026.
A significant rise in the need for efficient real-time data collection equipment across the construction, oil and gas, and manufacturing industries represents one of the key drivers for the global terrestrial laser scanning market.
The leading market players are introducing improved and user-friendly terrestrial laser scanning systems that enable organizations to deploy less costly field labor. This represents one of the key trends in the global terrestrial laser scanning market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end-use industries of terrestrial laser scanning, thereby negatively impacting the market growth.
On the basis of the solution, the market has been bifurcated into scanning systems and scanning services. Currently, scanning services hold the majority of the total market share.
On the basis of the technology, the market has been divided into phase-shift, pulse-based and optical triangulation. Among these, phase-shift technology represents the largest segment.
On the basis of the laser type, the market has been segmented into diode, fiber and solid-state. At present, diode exhibits a clear dominance in the market.
On the basis of the application, the market has been segregated into building information modelling, topographical survey, forestry and agricultural survey, mining survey, construction survey, research and engineering, and others. Among these, building information modelling represents the largest segment.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.
The key companies in the global terrestrial laser scanning market are 3D Systems Inc., Carl Zeiss Optotechnik GmbH, Creaform Inc. (AMETEK), FARO Technologies Inc., Fugro N.V, Hexagon AB, Leica Geosystems, Maptek, RIEGL Laser Measurement Systems GmbH, Teledyne Technologies Inc., Topcon Corporation, Trimble Inc. and Zoller + Fröhlich GmbH.
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