Sep 7 2015
Technavio, a tech-focused research firm, has published a new report on the global 3D terrestrial laser scanning market, which is expected to grow at a CAGR of more than 16% from 2015-2019.
In accordance with the new market analysis report by Technavio, 3D scanning helps companies develop and manufacture accurate and reliable products without the need for several prototypes. These systems help companies avoid many direct and indirect expenses such as warranty costs, product return costs, and downtime losses.
“Implementing 3D scanning process helps companies reduce the overall product development costs and maintenance expenses in manufacturing units. Thus, the need to reduce product lifecycle expenses will be a major driver of the market growth during the forecast period,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes the use of 3D terrestrial scanning for forest planning, which offers tree level data and allows easy access to data.
“The laser scan data helps in improving harvesting scheduling and its cost effectiveness. Similarly, this data is being used to determine the impacts of treatments on the forest growth, stimulate cross-cutting options, and offer support for cost-effective wood supply,” adds Ghaus.