New York, NY -- (SBWIRE) -- 04/12/2019 -- The global Terrestrial Laser Scanning market is expected to reach USD 5.6 billion by 2026, according to a new report by Reports and Data. Terrestrial Laser Scanning market is boosted by a rise in demand for land surveys and 3D scanning techniques that can be used in the infrastructure industry in the APAC region. Increasing expenditure in the infrastructure market is in turn boosting the terrestrial laser Scanning market.

The laser Scanning is famous among industrial applications. Certain companies use it to get the exact data of the surrounding and are also used in emergencies such as evacuation. A Laser Scanning is used to monitor the forest resources environment. It is also used in capturing geographical data and also aid in topographical surveys.

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The major players covered in this report are: Carl Zeiss Optotechnik (Germany), 3D Digital Corporation (US), Maptek (Australia), Trimble (US), Creaform (Canada), RIEGL Laser Measurement Systems (Austria), FARO Technologies (US), Topcon (Japan), Hexagon (Sweden) and Teledyne Technologies (US) among others.

Asia Pacific has the highest CAGR OF 7.2%. It dominates the market due to the increasing usage of laser Scannings by notable companies for surveys. North America follows closely. Growing infrastructure in Brazil and Mexico will boost the market in that region as well.

Understanding the market size
The size of the Terrestrial Laser Scanning market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the Terrestrial Laser Scanning report.

Terrestrial Laser Scanning Market by Solution Type (Revenue, USD Million; 2018-2026)
- Hardware
- Software
- Oil and gas
- Mining
- Infrastructure
- Forestry and Agriculture
- Transportation and Logistics

Terrestrial Laser Scanning Market by Application Type (Revenue, USD Million; 2018-2026)
- Building Information Modeling (BIM)
- Surveying
- Research and Engineering

Terrestrial Laser Scanning Market by Type (Revenue, USD Million; 2018-2026)
- Phase Shift Scanning
- Pulse based Scanning
- Mobile Scanning

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Knowing the trends influencing the industry performance
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.

Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.

Further key findings from the report suggest:
- Terrestrial Laser Scanning dominated the market in the year 2018 with a market share of USD 3.15 billion. Its primary application is in geographical data required in topographical surveys.
- Terrestrial Laser Scanning had infiltrated the residential construction market along with mobile mapping of buildings. It is used to study the lay of the land where the construction is to take place.
- Phase based Scanning is commonly used in building surveys or short range work whereas pulse base Scanning is all about speed. Pulse based Scanning is used for long distance work.
- In mining, laser technology is used to measure the position of surface or targeted feature. Laser scanning is also used to create a 3D model of the mining area.
- A major use of laser Scannings is nowadays in forestry. It is an efficient way of acquiring a tree's detail attribute in the forest plot.
- Building Information Model is used in engineering, research, asset management projects, upgrade in infrastructure etc.
- The Asia Pacific region dominates the market with a CAGR of 7.2%. The emergence of multiple construction projects in this region has given a rise to the market of laser Scanning.

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Table Of Content:
Chapter 10. Company Profiles
10.1. Hexagon Geosystems.
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Type Insights
10.1.4. Strategic Initiatives
10.2. Trimble
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Type Insights
10.2.4. Strategic Initiatives
10.3. Teledyne Technologies
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Type Insights
10.3.4. Strategic Initiatives
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