Land Survey Equipment Market Outlook by Key Players, Industry Overview, Supply and Consumption Demand Analysis By 2032

The developments in automotive and marine applications are also driving up demand for land survey equipment. The land survey equipment market is anticipated to benefit significantly from an increasing fleet of linked and autonomous vehicles, as well as the increased use of GNNS systems in small marine applications.

The growing number of manufacturers working on research & development for Land Survey equipment is expected to contribute to market growth in the coming years.

Key Takeaways from Land Survey Equipment Market Study

• Because of its low cost and wide application, level equipment is expected to account for roughly half of the market in terms of volume over the projected period.
• The inspection segment is expected to account for more than 29 percent of the market in terms of application by 2031, owing to the increasing usage of inspection techniques in the construction sector.
• Europe will remain a primary market, with a share of more than 27 percent by the end of the projected period.
• Over the next decade, the markets in India and China are expected to grow at a CAGR of around 8.3 percent and 7.6 percent, respectively.
• With a valuation of around US$ 271.0 Mn in 2021, the Nordics are developing as an important market in Europe.

“The land survey equipment market is growing at a strong pace, driven largely by increasing demand for energy efficient and precise measuring equipment. Increasing upstream and downstream exploration in oil & gas and mining coupled with rising adoption of drone technology in surveying are propelling growth of the market,” says a FMI analyst.

Competitive Analysis:

The land survey equipment market is moderately consolidated, with the top players controlling more than 30% of the market. To preserve their market presence, these businesses are expected to invest in new technology innovations, distribution network growth, and partnerships with significant end-users.

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Trimble Inc., Hexagon AB, Topcon, Beijing UniStrong Science & Technology Co., South Surveying & Mapping Instrument Co., Ltd., and Hi-Target Surveying Instrument Co., Ltd. are among the leading players in this business.

Land Survey Equipment Market by Category

By Product Type:

• GNSS
• Theodolite
• Level Equipment
• Total Station
• Laser Scanning
• UAV
• GIS Asset Collection
• Data Collectors

By Application:

• Inspection
• Monitoring
• Volumetric Calculation
• Layout Points

By End Use:

• Oil & Gas
• Construction
  • By Government
  • By Non-Government
• Mining
• Agriculture
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

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