According to IMARC Group’s latest report, titled “Terrestrial Laser Scanning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global terrestrial laserscanning market size reached US$ 3.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.7 Billion by 2027, exhibiting a growth rate (CAGR) of 7.1% during 2022-2027.
Terrestrial laser scanning systems, or terrestrial light detection and ranging (LiDAR), are contact-free measuring devices used for the acquisition of detailed 3D data of objects by employing ground-based sensors. It operates on a similar working principle as electronic distance measuring instruments (EDMIs), wherein the transmitter emits electromagnetic radiations and captures the reflected light by a receiver. TLS is a cost-effective solution that surveys and produces digital elevation models. Therefore, it is used to accumulate complex geometric data from buildings, lands, and various objects.
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Terrestrial Laser Scanning Market Trends:
The widespread adoption of TLS across various industries can be attributed to the growing demand for topographical surveying and building information modeling (BIM) applications for collecting real-time infrastructure data. This represents a key factor majorly driving the market growth. Additionally, increasing integration of building information modeling (BIM) and software-as-a-solution (SaaS) in land survey equipment is creating a positive outlook for the market.
Apart from this, the shifting inclination of manufacturers toward advanced laser scanning systems over conventional solutions owing to various benefits, such as user-friendliness, and reliability, along with the strategic collaborations amongst key players to enhance product efficacy, are supporting the market growth.
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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined with some of the key players.
Terrestrial Laser Scanning Market Segmentation:
The report has categorized the market based on solution, technology, laser type and application.
Breakup by Solution:
Breakup by Technology:
Breakup by Laser Type:
Breakup by Application:
Breakup by Region:
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