Edit Content

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Terrestrial Laser Scanning Market to reach USD 7.22 billion by the end of 2029.

Global Terrestrial Laser Scanning Market Size study & Forecast, by Type (Phase-Shift Scanner, Pulse-Based Scanner, Mobile Scanner) By Solution (Hardware, Software) By Product (Static, Dynamic) and Regional Analysis, 2022-2029

Product Code: EESC-54970148
Publish Date: 17-04-2023
Page: 200

Global Terrestrial Laser Scanning Market is valued at approximately USD 3.85 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.17% over the forecast period 2022-2029. Terrestrial laser scanning is basically a ground-based laser scanning system that works on the same principle as the electronic rangefinder. A laser emits electromagnetic radiation from a transmitter and captures reflected light from a combined and monochrome receiver. The Terrestrial Laser Scanning market is expanding because of factors such as the Growing demand for 3D laser scanners in infrastructure and the growing construction industry.

The TLS method is commonly used in the fields of forestry, surveying, and building. Its prevalence has progressively increased during the last few decades. According to Statista, the size of the construction market amounted to USD 6.4 trillion in 2020, and it is expected to reach 14.4 trillion in 2030. Furthermore, the value of overall construction output in the United States grew by over 100 billion U.S. dollars in 2021, Furthermore, in 2020, Asia is expected to account for about 46 per cent of global construction spending. Another important component driving space increasing demand for laser scanning in the construction industry. As per Statista, the global market for 3D terrestrial laser scanners will grow to reach around USD 2.5 billion by 2023. In addition, Trimble has introduced the Trimble MX50 mobile mapping system for asset management and mapping. This vehicle-mounted mobile LiDAR system is a mid-tier option for mobile mapping users and experienced suppliers to expand their equipment fleet with precise, high-volume data capture technology and integrates with Trimble’s geospatial software solutions. Also, increasing demand for effective laser scanning in the mining industry and rising demand from the agricultural industries would create a lucrative growth prospectus for the market over the forecast period However, the high maintenance cost of Terrestrial Lasers stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Terrestrial Laser Scanning Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing rate of demand in the area’s thriving construction industry. According to Statista, by 2026, the Asia Pacific market for construction equipment and heavy equipment is forecasted to reach USD 65 billion. North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as the presence of well-established manufacturers from the construction industry, and the active participation of government organizations in the market space.

Major market player included in this report are:

Hexagon AB
3D Systems Inc
Trimble Inc.
Merrett Survey Limited
Teledyne Technologies Incorporated
FARO Technologies Inc.
RIEGL Laser Measurement Systems GmbH
Maptek Pty Ltd
Basic Software Systems
Carl Zeiss Optotechnik GmbH

Recent Developments in the Market:
In October 2022, FARO Technologies, Inc, announced the release of the FARO® Focus Core Laser Scanner. The new Focus Core broadens the range of applications. Focus Core, which is fully integrated into FARO’s workflow solutions for application-specific insights, serves the company’s key markets in construction, building operations, and public safety.

Global Terrestrial Laser Scanning Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Type, Solution, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
Phase-Shift Scanner
Pulse-Based Scanner
Mobile Scanner

By Solution

By Product

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Terrestrial Laser Scanning Market, by Region, 2019-2029 (USD Billion)
1.2.2. Terrestrial Laser Scanning Market, by Type, 2019-2029 (USD Billion)
1.2.3. Terrestrial Laser Scanning Market, by Solution, 2019-2029 (USD Billion)
1.2.4. Terrestrial Laser Scanning Market, by Product, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Terrestrial Laser Scanning Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Terrestrial Laser Scanning Market Dynamics
3.1. Terrestrial Laser Scanning Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Growing demand for 3D laser scanners in infrastructure Growing construction industry
3.1.2. Market Challenges High maintenance cost of Terrestrial Lasers
3.1.3. Market Opportunities Increasing demand for effective laser scanning in the mining industry Rising demand from the agricultural industries.

Chapter 4. Global Terrestrial Laser Scanning Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Terrestrial Laser Scanning Market, by Type
6.1. Market Snapshot
6.2. Global Terrestrial Laser Scanning Market by Type, Performance – Potential Analysis
6.3. Global Terrestrial Laser Scanning Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Terrestrial Laser Scanning Market, Sub Segment Analysis
6.4.1. Phase-Shift Scanner
6.4.2. Pulse-Based Scanner
6.4.3. Mobile Scanner
Chapter 7. Global Terrestrial Laser Scanning Market, by Solution
7.1. Market Snapshot
7.2. Global Terrestrial Laser Scanning Market by Solution, Performance – Potential Analysis
7.3. Global Terrestrial Laser Scanning Market Estimates & Forecasts by Solution 2019-2029 (USD Billion)
7.4. Terrestrial Laser Scanning Market, Sub Segment Analysis
7.4.1. Hardware
7.4.2. Software
Chapter 8. Global Terrestrial Laser Scanning Market, by Product
8.1. Market Snapshot
8.2. Global Terrestrial Laser Scanning Market by Product, Performance – Potential Analysis
8.3. Global Terrestrial Laser Scanning Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
8.4. Terrestrial Laser Scanning Market, Sub Segment Analysis
8.4.1. Static
8.4.2. Dynamic
Chapter 9. Global Terrestrial Laser Scanning Market, Regional Analysis
9.1. Terrestrial Laser Scanning Market, Regional Market Snapshot
9.2. North America Terrestrial Laser Scanning Market
9.2.1. U.S. Terrestrial Laser Scanning Market Type breakdown estimates & forecasts, 2019-2029 Solution breakdown estimates & forecasts, 2019-2029 Product breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Terrestrial Laser Scanning Market
9.3. Europe Terrestrial Laser Scanning Market Snapshot
9.3.1. U.K. Terrestrial Laser Scanning Market
9.3.2. Germany Terrestrial Laser Scanning Market
9.3.3. France Terrestrial Laser Scanning Market
9.3.4. Spain Terrestrial Laser Scanning Market
9.3.5. Italy Terrestrial Laser Scanning Market
9.3.6. Rest of Europe Terrestrial Laser Scanning Market
9.4. Asia-Pacific Terrestrial Laser Scanning Market Snapshot
9.4.1. China Terrestrial Laser Scanning Market
9.4.2. India Terrestrial Laser Scanning Market
9.4.3. Japan Terrestrial Laser Scanning Market
9.4.4. Australia Terrestrial Laser Scanning Market
9.4.5. South Korea Terrestrial Laser Scanning Market
9.4.6. Rest of Asia Pacific Terrestrial Laser Scanning Market
9.5. Latin America Terrestrial Laser Scanning Market Snapshot
9.5.1. Brazil Terrestrial Laser Scanning Market
9.5.2. Mexico Terrestrial Laser Scanning Market
9.5.3. Rest of Latin America Terrestrial Laser Scanning Market
9.6. Rest of The World Terrestrial Laser Scanning Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Hexagon AB Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. 3D Systems Inc
10.2.3. Trimble Inc.
10.2.4. Merrett Survey Limited
10.2.5. Teledyne Technologies Incorporated
10.2.6. FARO Technologies Inc.
10.2.7. RIEGL Laser Measurement Systems GmbH
10.2.8. Maptek Pty Ltd
10.2.9. Basic Software Systems
10.2.10. Carl Zeiss Optotechnik GmbH

Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now