Global 3D terrestrial laser scanning market expected to exceed US $343 million by 2019 says Technavio

Renewable energy

 

3D terrestrial laser scanning: Key market research findings

  • Increased demand for high-definition surveying
  • Usage in civil engineering sector

Technavio has added a new market research report on the global 3D terrestrial laser scanning market, which is expected to grow at a CAGR of around 17% between 2015 and 2019. 3D terrestrial laser scanning technology minimises the operational costs, propelling organizations adopt this technology to reduce risk, speed up task completion, and provide improved quality control. The Americas dominate the global market for 3D terrestrial laser scanning due to the increase in surgical appliances and diagnostic centers with MRI and CT scans in most healthcare organizations.

The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.

“3D laser technologies help in documenting and capturing the existing conditions of current buildings as well as newly built structures. Such high-definition surveying solutions support installations, developments, and redevelopments to ensure accurate measurement and dimensioning. It helps to acquire clearer measurements, gather all information in one place for the decision-making process, and can also be updated further if needed by the client,” says Navin Rajendra, Lead Analyst, IT Services, Technavio Research.

Organizations are increasingly adopting laser scanning technology as the terrestrial laser scanners perform and complete the task within a given timeframe while maintaining the quality of work. It collects geospatial data for positioning and decision-making activities in industries such as mining and infrastructure. It obtains quality digital layouts for the preparation of all types of architecture planning and other projects, saves significant time, money, and resources, and introduces modern technologies to keep pace with emerging global trends.

The leading vendors in the global 3D terrestrial laser scanning market are Leica Geosystems, Teledyne Optech, Trimble Navigation, and Zollar + Frohlich. The market is characterized by the presence of well-diversified international, regional, and local vendors. Intense competition prevails in this market with increase in product extensions and technological innovations, leading to an increase in mergers and acquisitions.

A more detailed analysis is available in the Technavio report, Global 3D Terrestrial Laser Scanning Market 2015-2019.

We can customize reports by other regions and specific segments upon request.

Other Related Reports:

Further Reading: