The Global Land Survey Equipment Market is projected to reach a value of over USD 11.7 billion by 2027 at a CAGR of around 7.5%.
The land survey equipment is refer to a technique of measuring three dimensional or terrestrial positions of points and distance between them. It is used for the purpose of performing horizontal as well as the vertical measurements with the reference to the grid system. Whereas, the purpose of the survey is to calculate distance, direction, locations survey angle, and areas. Moreover, these survey equipment is being used in the place such as government sector, scientific organizations, property sales office, and construction site.
Hence, these technique benefits with completion of work on time as well as help to minimize the cost. These benefits and features of the equipment lead to boost the growth of the market in the forecast period.
Market Driver:
With the increasing demand for advance land survey equipment is witness to boost the growth of the market in the forecast period. Whereas, the rising technological advancements in land survey equipment as well as for the integration of terrestrial laser scanners with land survey equipment is play a key driver of the growth of the land survey equipment. Moreover, implementation of advanced technologies has create a high tech tools in land survey equipment systems such as 3D laser scanner and drones.
Furthermore, the modern building structure is being more complex which need to be done short duration with the quality and low price. With feature the adoption of new processes that includes digital workflows as well as the Building Information Modelling (BIM). However, these survey equipment support the contractor’s to calculate the angles and distances with great accuracy to set out a new constructions. These will lead to fuel the growth of the market in the forecast period.
Market Restraints:
One of the major key concern of the market is the lack of skilled professional which may hamper the market growth. Whereas, the growing advancement in the equipment is creating a major challenging for the training operators. As the operator training on the advance land survey equipment is important to make sure the accuracy and precision need for the progress of the project at construction sites. However, the high skilled professional provide a support for the growth of advance technologies, as well as grow the markets for space applications and services. These will create a major challenging factor for the growth of the land survey equipment market in the forecast period.
The report on the land survey equipment market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Product, Industry, Application, End-User, and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Land Survey Equipment Market, by Product
Land Survey Equipment Market, by Industry
Land Survey Equipment Market, by Application
Land Survey Equipment Market, by End-User
Land Survey Equipment Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE LAND SURVEY EQUIPMENT MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY