Surveying Solutions Market to Represent Significant Revenue Growth
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In construction operations, surveying solution are used for planning and execution of total development operation. The rapid growth in the civil industry in past decade is increasing the need for deploying the surveying solutions by developers and surveyors. The surveying solutions also help surveyors to get efficient & effective measurements and end results. The integration of software with the hardware in surveying solutions has also added the additional benefits for the end user industries to perform automated surveying operations.
Surveying Solutions Market: Drivers and Restraints
The major factor in driving the global market growth for surveying solutions is increasing population and rising disposable income. The rapid technological developments and increasing awareness about process automation have led to increasing the demand for the deployment of surveying solutions throughout various industry verticals. The rising demand for oil & gas, mining elements, and constructions is fuelling the demand for surveying solutions. Also, the end users demand surveying solutions to improvise operation methods, and efficient resource utilization is increasing the deployment of surveying software. On the other hand, higher cost of equipment and lack of awareness about the surveying solution is factor restraining the growth of global surveying solution market.
, By end use application, Civil, Construction, Land development, Residential, By equipment, Software, Hardware, By end use industry, Construction & operations, Agriculture, Transportation, Utilities, Geospatial, Government, Natural Resources
The global market for surveying solutions is divided regionally into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa. Among these regions the surveying solutions demand in APEJ and Japan is expected to grow at highest CAGR owing to the rapid industrialisation in countries like India, china, and Australia. North America dominates the global market of surveying solutions in terms of revenue followed by Europe. The demand of surveying solutions in North America is less for agriculture and geospatial but higher for transportation businesses. On the other hand, MEA region is predicted to show stagnant growth rate.
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Surveying Solutions Market: Competition Landscape
The leading companies providing surveying solutions includes Total Surveying Solutions, Trimble Inc., Surveying Instrument Solutions, Furgo, Bentley systems, Incorporated, Kongsberg Maritime, and Raytheon, etc. These industries continuously focuses on developing new surveying solutions to sustain their global market positions. In May 2016, Trimble Inc. launched 3D laser scanner and software-enabled GNSS technologies. In this GNSS technology, Europe’s Galileo and China’s BeiDou Global Navigation Satellite System (GNSS) benefits were offered to users by independently providing additional satellites, satellite ranging signals, and interoperability with civilian GNSS.
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