Press release
Land Survey Equipment Market Size, Share, Trends, Growth, Industry Forecast And Forecast 2023-2032
Land Survey Equipment Market
The Business Research Company's Land Survey Equipment Global Market Report 2023 identifies the benefits of electronic devices in land surveys as the major driver for the land survey equipment market's growth in the forecast period. Modern survey methods use a combination of software running on an external computer, electronic theodolite (transit), and electronic distance measuring (EDM) device. Electronic theodolites are used in checking angles, alignments, grade work, and short-range leveling. Electronic land survey devices are accurate in measuring the distance that is accomplished with modulated microwave or infrared carrier signals.
The global land survey equipment market size grew from $6.95 billion in 2022 to $7.53 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of global land survey equipment is expected to grow to $10.28 billion in 2027 at a CAGR of 8.1%.
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Major competitors in the land survey equipment market are South Surveying And Mapping Instruments, Hexagon AB, Trimble Inc., Topcon, CHC-Navigation.
A key trend in the land survey equipment market includes technological advancements. As mobile phones are becoming essential and accessible to everyone, mobile phones are becoming an important mode to conduct surveys this instrument empowers surveyors with quick access to information needed in the survey area while conducting the survey. With technological advancement, the surveyor can process the collected data later with the help of survey software.
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The land survey equipment market is segmented -
•By Application: Inspection, Monitoring, Volumetric Calculations, Layout Points, Other Applications
•By Solution: Hardware, Software, Services
•By Industry: Transportation, Energy And Power, Mining And Construction, Forestry, Scientific And Geological Research, Precision Agriculture, Disaster Management, Other Industries
•By Product: Global Navigation Satellite System (GNSS), Total Stations And Theodolites, Levels, 3D Laser/Laser Scanners, Unmanned Aerial Vehicles (UAVs), Other Products
•By End User: Commercial, Defense, Service Providers
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the land survey equipment market.
The Business Research Company's "Global Land Survey Equipment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Land Survey Equipment Market Include:
1. Land Survey Equipment Market Executive Summary
2. Land Survey Equipment Market Segments
3. Land Survey Equipment Market Size And Land Survey Equipment Market Growth Rate
4. Key Land Survey Equipment Market Trends
5. Major Land Survey Equipment Market Drivers
……
25. Key Mergers And Acquisitions In The Land Survey Equipment Market
26. Top Land Survey Equipment Companies
27. Land Survey Equipment Market Opportunities And Strategies
28. Land Survey Equipment Market, Conclusions And Recommendations
29. Appendix
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