Terrestrial laser scanning, also known as light detection and ranging (LiDAR), is one of the ideal methods for capturing accurate 3D data. Terrestrial laser scanning system works on a simple principle, wherein a sensor releases a laser beam continuously toward an object, receives it, and calculates the size of object. In the early 2000s, this technology was used only for specific tasks such as modeling and surveying complex systems of a factory.

Albany, NY -- (SBWire) -- 03/17/2016 --This research study analyzes the market for terrestrial laser scanning in terms of revenue (USD Million). The terrestrial laser scanning market has been segmented on the basis of laser type, technology, application, and geography. The regional segment has been further divided into eight sub-segments that comprise five countries, which are major players in the global terrestrial laser scanning market. For the research, 2014 has been taken as the base year, while all forecasts have been given for the period from 2015 to 2023. Market data for all the segments has been provided at the regional as well as country-specific level from 2015 to 2023.

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The report provides a broad competitive analysis of companies engaged in the terrestrial laser scanning business. The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the global terrestrial laser scanning market. These market dynamics were analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive industry analysis of the global terrestrial laser scanning market with the help of Porter's Five Forces model. This analysis helps in understanding the five major forces that affect the market structure and profitability of the global terrestrial laser scanning market. The forces analyzed are bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition.

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The high-level analysis in the report provides detailed insights into the terrestrial laser scanning business globally. There are currently numerous drivers of the market. One of the most prominent drivers is the need to improve project efficiency and increasing awareness to enhance safety in industrial, residential, and commercial buildings. Market attractiveness analysis was carried out for the terrestrial laser scanning market on the basis of geography. Market attractiveness was estimated on the basis of common parameters that directly impact the market in different regions.

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The terrestrial laser scanning market was segmented on the basis of laser type (diode, fiber, and solid-state), technology (phase-shift, pulse-based, and optical triangulation), and application (oil & gas industry, construction & fabrication industry, manufacturing industry, building information modeling, agriculture industry, and others). The configuration of terrestrial laser scanning system is different for different applications, depending on the surface and sub-surface components. The ESP market was analyzed across four geographies: North America, Asia Pacific, Europe, and Rest of the World (Middle East, South America, and Africa). Regional data has been provided for each sub-segment of the terrestrial laser scanning market. Key players in the terrestrial laser scanning market include Trimble Navigation Limited, Blom ASA, Fugro N.V., Faro Technologies, Inc., Maptek Pty Limited, Leica Geosystems HDS, LLC, and Ametek, Inc. The report provides an overview of these companies, followed by financial details, business strategies, and recent developments.

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