Press release
Land Survey Equipment Market Analysis, 2020-2027 | Rise in urbanization and industrialization in developing countries drives the market growth
Land Survey Equipment Market
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The land survey equipment market is mainly driven by rise in construction activities in developing countries. In addition, rise in application of remote operation of UAVs has led to rise in demand for drones. Moreover, advantages related to time saving and accuracy gained in data output also propel the market growth.
However, lack of skilled manpower operating the land survey equipment and analysis technology act as restraint to the land survey equipment market. Moreover, renting and leasing of these land survey equipment led to restricted sales of land surveying equipment. In addition, lockdown was announced, owing to the outbreak of COVID-19, which, in turn, led to a halt in construction activities as well as other surveying activities.
In addition, the mining and oil & gas industries were also operating in limited capacity. This hampered the sales of the land survey equipment. However, the upgraded technology used for data collection and its management is expected to boost the land survey equipment market during the forecast period.
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Key Players
The major players profiled in the land survey equipment market include Hexagon, Hi-Target, Hudaco Industries Limited, Kolida Instrument Co., Ltd., Robert Bosch GmbH, Shanghai Huace Navigation Technology Ltd. (CHC Navigation), Stonex, Suzhou Foif Co., Ltd., Topcon Corporation, and Trimble Inc.
Key Market Segments
By Product
GNSS Systems
Total Stations & Theodolites
Levels
3D Laser/Laser Scanners
Unmanned Aerial Vehicles (UAVs)
Others
By Industry
Construction
Oil & Gas
Agriculture
Mining
Disaster Management
Others
By Application
Inspection & Monitoring
Volumetric Calculations
Layout Points
By Region
North America
Europe
Asia-Pacific
LAMEA
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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