Laser Scanner Market Trends and Forecast
The future of the global laser scanner market looks promising with opportunities in the virtual simulation and quality control inspection markets. The global laser scanner market is expected to reach an estimated $6.8 billion by 2030 with a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are advancements in 3D imaging technology enhancing accuracy and speed of data capture, increasing demand for high-precision mapping and surveying in construction and engineering, and growth in automation and robotics requiring precise spatial data.
• Lucintel forecasts that 2D is expected to witness higher growth over the forecast period.
• Within this market, virtual simulation is expected to witness the higher growth.
• North America is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Laser Scanner Market
• United States: In 2024, Trimble Inc. announced the launch of its latest X12 laser scanner, targeting improved construction site data accuracy. The U.S. government is promoting advanced scanning technologies through grants and public-private partnerships to enhance infrastructure projects.
• Germany: Leica Geosystems, part of Hexagon, unveiled the RTC360 3D laser scanner in Germany, aiming to streamline workflows in architecture and engineering. The German government is supporting digital construction initiatives, providing subsidies for companies adopting laser scanning technologies.
• Japan: Topcon Corporation introduced the GLS-2200 laser scanner in Japan, designed for rapid and precise data capture in urban planning. The Japanese government has set targets to increase the use of high-precision scanning technologies in smart city developments by 2025.
• China: FARO Technologies opened a new research and development center in China, focusing on advancing 3D laser scanning solutions for industrial applications. The Chinese government is investing in high-tech infrastructure, setting goals to integrate laser scanning in major construction projects by 2025.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Laser Scanner Market by Segment
The study includes a forecast for the global laser scanner market by type, application, and region.
Laser Scanner Market by Type [Value from 2018 to 2030]:
• 2D
• 3D
Laser Scanner Market by Application [Value from 2018 to 2030]:
• Virtual Simulation
• Quality Control Inspection
Laser Scanner Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Laser Scanner Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies laser scanner companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the laser scanner companies profiled in this report include-
• Faro Technologies
• Trimble
• Maptek
• Perceptron
• Topcon Corporation
• Renishaw
• Hexagon
Recent Development in the Laser Scanner Market
• Hexagon AB: HexagonÄX%$%Xs Manufacturing Intelligence division launched the Leica BLK2GO, a handheld laser scanner for rapid, high-quality 3D scanning of complex environments.
• Trimble Inc.: Trimble introduced the X7 3D laser scanning system, which features automatic calibration, self-leveling, and Trimble Registration Assist for streamlined data collection and processing.
• FARO Technologies: FARO launched the FocusS Plus, a high-speed 3D laser scanner designed for capturing detailed point clouds in challenging environments, with enhanced accuracy and range.
• Teledyne Optech: Teledyne Optech released the Polaris TLS, a versatile terrestrial laser scanner suitable for applications ranging from surveying and mapping to industrial inspection and mining.
• Topcon Positioning Systems: Topcon announced the GLS-2200 series, a new line of laser scanners that offer increased scanning range and precision for geospatial data collection in construction and infrastructure projects.
Features of the Global Laser Scanner Market
Market Size Estimates: Laser scanner market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Laser scanner market size by type, application, and region in terms of value ($B).
Regional Analysis: Laser scanner market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the laser scanner market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the laser scanner market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the laser scanner market size?
Answer: The global laser scanner market is expected to reach an estimated $6.8 billion by 2030.
Q2. What is the growth forecast for laser scanner market?
Answer: The global laser scanner market is expected to grow with a CAGR of 7.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the laser scanner market?
Answer: The major drivers for this market are advancements in 3D imaging technology enhancing accuracy and speed of data capture, increasing demand for high-precision mapping and surveying in construction and engineering, and growth in automation and robotics requiring precise spatial data.
Q4. What are the major segments for laser scanner market?
Answer: The future of the laser scanner market looks promising with opportunities in the virtual simulation and quality control inspection markets.
Q5. Who are the key laser scanner market companies?
Answer: Some of the key laser scanner companies are as follows:
• Faro Technologies
• Trimble
• Maptek
• Perceptron
• Topcon Corporation
• Renishaw
• Hexagon
Q6. Which laser scanner market segment will be the largest in future?
Answer: Lucintel forecasts that 2D is expected to witness higher growth over the forecast period.
Q7. In laser scanner market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the laser scanner market by type (2D and 3D), application (virtual simulation and quality control inspection), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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