Press release
Surveying And Mapping Services Market Trends, Share, Industry Size, Growth Analysis 20020 to 2022
The Business Research Company
The global surveying and mapping market reached a value of nearly $38.1 billion in 2018, having grown at a compound annual growth rate of 3.9% since 2014. Growth in the historic period resulted from the growth in the global construction industry and the rise in oil and gas industry activities. Factors that negatively affected growth in the historic period were shortages of skilled surveyors and the rise in competition in the market.
The Key drivers of the surveying and mapping market include:-
Technological Advances In Autonomous Vehicles: The demand for surveying and mapping services in the forecast period is expected to increase due to rapid technological advances in the manufacturing of autonomous vehicles. Surveying and mapping services could play a significant role in the future of driverless and autonomous vehicles.
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Surveying And Mapping Services Market Segmentation:-
By Service Type
1. Hydrographic Surveying
2. Cadastral Surveying
3. Topographic Surveying
4. Other Land Surveying Services
Other land surveying services had the highest growth rate of nearly 5.7% during the historic period. The fastest growth in the historic period can be attributed to the increasing use of land surveying services such as geospatial mapping services, geographic information system (GIS) base mapping services, geodetic surveying services, construction surveying services, cartographic surveying services, and aerial surveying services in the rapidly growing construction industries globally.
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By Geography - The surveying and mapping market is segmented into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa
Some of the major key players involved in the surveying and mapping market are
1. Secom Group
2. Fugro N.V.
3. AECOM
4. Stantec Inc.
5. Mott MacDonald
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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