DUBLIN--(BUSINESS WIRE)--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 size is expected to grow from USD 3.0 billion in 2018 to USD 4.4 billion by 2023, at a CAGR of 8.17% during the forecast period. The market for terrestrial laser scanning is driven by numerous factors, such as the increasing infrastructural spending in emerging economies.
The global capital expenditure of the infrastructure industry is rising across the world, due to the increasing new infrastructural projects, growing global Gross Domestic Product (GDP), rising disposable income especially in Asian countries, and increasing standard of living. High capital and maintenance costs of terrestrial laser scanning are limiting the overall growth of the market.
The market study covers the terrestrial laser scanning market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as solution, application, type, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Market Dynamics
Drivers
- Increasing Adoption of LiDAR in Building Information Modeling (BIM) Applications
- Advancements in Networking for Gnss Applications of Land Survey Equipment
- Increasing Adoption of Software as A Solution (SaaS)
Restraints
- Limitations of LiDAR in Harsh Weather Conditions
Opportunities
- Increased Use of LiDAR in GIS Applications
- Increase in the Number of New Applications Demanding Terrestrial Laser Scanning Technology
Challenges
- Conventional Mapping Techniques as A Low-Cost Substitute for LiDAR
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Terrestrial Laser Scanning Market, By Solution
8 Terrestrial Laser Scanning Market, By Application
9 Terrestrial Laser Scanning Market, By Type
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
For more information about this report visit https://www.researchandmarkets.com/research/5zfqmg/global?w=4