Land Survey Equipment Market Outlook and Forecast 2026: Growth Factors, Trends, and Top Companies Analysis for Business Development

Market Overview:

According to Stratistics MRC, the Global Land Survey Equipment market is accounted for $5.85 billion in 2017 and is expected to reach $12.45 billion by 2026 growing at a CAGR of 8.7%. Increased R&D activities, upgrading data management systems in surveys, technological advancements and benefits of electronic devices in conducting land surveys are some key factors propelling the market growth. However, factors such as lack of skilled manpower and rental and leasing service providers are hampering the market growth.

Land surveying is the process of adopting both onsite and offsite techniques to map and measure a predetermined area. Boundary survey, aerial survey, location survey, construction survey, topographic survey, and hydrographic survey, among others are some of the major types of surveys conducted across different end-use industries, such as construction and mining. Furthermore, the use of surveying techniques to collect data for mapping has created the chance to increase the variety and mass of achievable information. Geometric modeling and surveying are now accessible through the availability of real-time monitoring systems based on digital photographic techniques, GPS, robotic total stations, satellite, high resolution satellite imagery, and terrestrial laser scanners devices. Therefore, land survey equipment play a critical role in extracting related surveying information.

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Industry Analysis

Mining surveying is the most crucial mining operation as it provides information about tunnel and mine operations. The mining and construction industry typically operates in a cyclic fashion with strong growth periods where owner-operators are looking for attempts to identify opportunities to improve productivity while reducing costs. Furthermore, adoption and manipulation of digital data – being the first step of innovation – helps in collecting data through a wide array of sensors and sources, which can be readily available to the broader enterprise for overall productivity enhancement. Collecting and positioning of spatial data are the two specific areas where survey finds application. The growing requirement of unmanned aerial vehicles and laser scanners that create data, along with software solutions that manage, analyze, display, and maintain spatially-located digital data are now required in the era of big data and new technology introduction.

Top Industry Players:

Some of the key players in the global market include Trimble, Topcon, Suzhou Foif, Stonex, South Surveying & Mapping Instruments, Hi-Target, Hexagon, Guangdong Kolida Instrument, CST/Berger, CHC-Navigation, Changzhou Dadi Surveying Science & Technology, Guangdong Kolida Instrument and Meggitt.

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Market Segments:

Based on software, construction software segment is likely to register significant share during the forecast period. The construction software provides customized solutions, specially designed for diverse applications, including, construction design and planning and construction field management. Asia Pacific is anticipated to lead the market during the forecast period which can be attributed to the development of smart cities and rapid urbanization in China, India, and other countries of Southeast Asia.

Software’s Covered:
• Agriculture Software
• Mining Software
• Oil & Gas Software
• Construction Software
• Other Softwares

Products Covered:
• Total Stations & Theodolites
• 3D Laser Scanners
• Unmanned Aerial Vehicles (UAVS)
• GNSS Systems
• Lasers
• Levels
• Other Products

Industries Covered:
• Disaster Management
• Agriculture
• Construction
• Mining
• Oil & Gas
• Other Industries

Applications Covered:
• Volumetric Calculations
• Inspection
• Layout Points
• Monitoring
• Other Applications

End Users Covered:
• Research
• Commercial
• Defense

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This release was published on openPR.