India Terrestrial Laser Scanning Market: Industry Analysis and Forecast (2023-2029)

India Terrestrial Laser Scanning Market is expected to grow at a CAGR of 3.42% during the forecast period and it is expected to reach US$ 642.67 Mn. by 2029.
India Terrestrial Laser Scanning Market Drivers and Restrains:
Terrestrial laser scanning systems are generally known as light detection and ranging (LiDAR), this technique works on the principle that is similar to EDMI (Electronic Distance Measuring Instrument). Terrestrial laser scanning method is a competent technique, which is primarily used for the rapid acquisition of three-dimensional (3D) information of a variety of topographic and industrial objects.

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The India terrestrial laser scanning market is driven by increasing adoption of LiDAR in building information modeling (BIM) applications, increasing adoption of SaaS (Software as A Solution) and advancements in networking for GNSS applications of land survey equipment,. The rise in the country capital expenditure from the infrastructure industry along with increasing nation Gross Domestic Product (GDP), rising disposable income, and rising standard of living are impelling the terrestrial laser scanning market growth.

However, limitations of LiDAR in harsh weather conditions are hampering the market growth at the India level. An increase in the number of new applications demanding terrestrial laser scanning technology and increased use of LiDAR in GIS applications are likely to create lucrative opportunities in the market. Conventional mapping techniques as a low-cost substitute for LiDAR is the key challenge for the terrestrial laser scanning market.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
India Terrestrial Laser Scanning Market Segmentation Analysis:
Based on the solution, the terrestrial laser scanning services segment is expected to expand at the largest CAGR of xx% during the forecast period. The various types of land surveyors across the country have started investing in novel technologies like terrestrial laser scanning. These scanners are referred to carry out 3D modeling of all types of objects and structures for the land surveyors to map data of high immobile assets. There is a rising demand for reliable and efficient terrestrial laser scanning across the nation. The trend is highly evident in urbanized economies, wherein the purchasing power is high.

A report covers the recent development in market for the India  market e.g., IIT Kanpur, made Optech's ILRIS-3D Intelligent Laser Ranging and Imaging System. Which is deliver various features such as fully portable, laser-based imaging and digitizing system for the commercial survey, engineering, mining, and industrial markets.
India Terrestrial Laser Scanning Market Competitive landscape
Major Key players operating in this market are 3D Digital Corporation, Carl Zeiss Optotechnik, Creaform, FARO Technologies, Maptek, Trimble, RIEGL Laser Measurement Systems, and Teledyne Technologies. Manufacturers in the India terrestrial laser scanning are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological innovations are also the key focus areas of the manufacturers.

The objective of the report is to present a comprehensive analysis of market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding market dynamics, structure by analyzing the market segments and project the India Market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in themarket make the report investor’s guide.
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India Terrestrial Laser Scanning Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 507.87 Mn.


Forecast Period 2023 to 2029 CAGR:
3.42%
Market Size in 2029:
US $ 642.67 Mn.


 Segments Covered:
by Type
Phase-shift Scanner
Pulse-based Scanner
Mobile Scanner


by Solution
Terrestrial Laser Scanning System
Hardware
Laser Scanners
Interface Devices
Wireless LAN Antenna
Inertial Measurement Systems
GPS/Positioning Systems
Digital Cameras
Others
Software
Terrestrial Laser Scanning Services
Oil & Gas
Mining
Infrastructure
Forestry & Agriculture
Transportation & Logistics
Others (education, entertainment & media)


by Application
Building Information Modeling (BIM)
Architecture
Civil Engineering
Surveying
Topographical Survey
City Modeling Survey
Mining Survey
Forestry & Agricultural Survey
Monitoring Survey
Archaeological Survey
Research & Engineering
Others (forensics & crash scene investigation, seismology exploration & detection)



India Terrestrial Laser Scanning Market Key Players:
1. 3D Digital Corporation
2. Carl Zeiss Optotechnik
3. Creaform
4. Faro Technologies, Inc.
5. Maptek Pty Limited
6. Trimble Navigation Limited
7. RIEGL Laser Measurement Systems
8. Teledyne Technologies
9. Topcon
10. Hexagon
11. Zoller + Fröhlich
12. Blom ASA
13. Fugro N.V.
14. Ametek, Inc.
15. Leica Geosystems HDS, LLC.
16. Cronquest Technologies
17. Shree Design Technology
18. Prakshep Tech Solutions Pvt Ltd

Frequently Asked Questions:

1. What is the growth rate of India Terrestrial Laser Scanning Market?
Ans: The India Terrestrial Laser Scanning Market is growing at a CAGR of 3.42% during forecasting period 2023-2029.

2. What is scope of the India Terrestrial Laser Scanning Market report?
Ans: India Terrestrial Laser Scanning Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

3. Who are the key players in India Terrestrial Laser Scanning Market?
Ans: The important key players in the India Terrestrial Laser Scanning Market are – 3D Digital Corporation, Carl Zeiss Optotechnik, Creaform, Faro Technologies, Inc., Maptek Pty Limited, Trimble Navigation Limited, RIEGL Laser Measurement Systems, Teledyne Technologies, and Topcon

4. What is the study period of this Market?
Ans: The India Terrestrial Laser Scanning Market is studied from 2022 to 2029.