Chicago, Aug. 08, 2023 (GLOBE NEWSWIRE) -- The Land Survey Equipment Market by Application, Solution (Hardware, Software, and Services), End User (Commercial, Defense, Service Providers), Industry, and Region (North America, Europe, Asia Pacific, MEA, and Latin America)", The Land Survey Equipment Industry is driven by factors such as increasing adoption of land survey equipment in construction, mining, oil & gas, renewable energy, utilities, forestry, scientific & geological research, disaster management, precision farming and transportation for various applications like inspection, monitoring, volumetric calculations and layout points.
Land Survey Equipment Market Scope:
| Report Metric | Details |
| Estimated Market Size | USD 7.7 Billion |
| Projected Market Size | USD 9.9 Billion by 2026 |
| Growth Rate | 5.3% |
| Forecast Period | 2021-2026 |
| Market size available for years | 2018–2026 |
| Base Year Cconsidered | 2021 |
Top 6 Key Market Players in Land Survey Equipment Market
The Land Survey Equipment Companies are dominated by globally established players such as
- Hexagon AB (Sweden),
- Trimble inc, (US),
- Topcon (Japan),
- CHC-Navigation (China),
- Hi-Target. China) and
- U-bloxHoldings AG (Switzerland)
Land Survey Equipment Market Segment Overview
UAV to Lead the Land Survey Equipment Market by Hardware Solutions During the Forecast Period
Unmanned Aerial Vehicles (UAVs) are remotely piloted aerial vehicles that have significant roles in commercial as well as defense sectors.
Commercial UAVs are used for varied applications such as mapping, surveying, aerial imagery, and aerial photogrammetry, among others. The capabilities of UAVs in providing a wide range of platforms for potential applications in the civil & commercial sectors have led to enormous developments, and significant R&D investments in UAVs have led to widened UAV applicability in mining, 3D mapping, and oil & gas sectors, among others.
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Technical Services to Command the Land Survey Equipment Market by Services During the Forecast Period
Technical services include all the services related to surveying. Most leading players in the global market take contracts for surveying various projects.
Under the contract, experts from the company do the surveying using the survey equipment. Technical services are used across all industries. The advantage of using technical services is that instead of buying the survey equipment and hiring the person who can operate this equipment, the manufacturing company with experts does the complete survey for the project.
The Desktop Application Used in Land Survey Equipment to Command the Market by Software During the Forecast Period
Desktop applications are mainly used for gathering, analyzing, processing, and storing the data collected by the land survey equipment.
Desktop applications play an important role in planning construction projects. They gather data from devices like GNSS, UAVs, and theodolites and use it to generate the inspection results, which helps in planning the project.
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The Asia Pacific Market is Projected to Contribute the Largest Share
Asia Pacific is estimated to account for the largest share of 37.65% of the market in 2021. The market in Asia pacific is projected to reach USD XX million by 2026, growing at a CAGR XX% during the forecast period.
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Emerging Land Survey Equipment Industry Trends
UAVs are used extensively for surveys and offer significant flexibility in gathering object images and low cost. With the help of advanced airborne systems, it is possible to accurately map and model remote geographic areas.
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