Land Survey Equipment Market Size, Share, Trends, Growth 2032

Land Survey Equipment Industry Prospective:

According to the report published by Zion Market Research, the global Land Survey Equipment Market size was valued at USD 8.66 Billion in 2023 and is predicted to reach USD 13.83 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.34% during the forecast period.

The report analyzes the global Land Survey Equipment Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Land Survey Equipment industry.

Request Free Sample

Global Land Survey Equipment Market: Overview

A land survey is a method which is been used to determine the boundaries and the features of the body. It is also used to determine encroachments, easements to note down how to build or develop on the land while maintaining the regulations and local codes. For all this purpose, equipment is required, and having the appropriate survey equipment guarantees precise and consistent results.

Global Land Survey Equipment Market: Growth Factors

The global land survey equipment market is growing at a rapid rate. Industrialization and urbanization growing at a speedy rate are the primary aspects that are fueling the growth of the global market. Further, the rapidly expanding construction sector and growing use of GPS (Global Positioning System) for measuring distance accurately are also some of the key factors that are fostering the growth of the global market. GPS survey equipment enables the land surveyor to take location, distance, and height measurements instantly. GPS is highly preferred over conventional techniques for land surveying as it is the fastest and provides the highest level of accuracy.

In addition to this, the demand for Unmanned Aerial Vehicles (UAV) is growing significantly as it has enhanced the land survey capabilities. It provides an innovative approach to aerial video, photo comparisons, 3D site modeling, aerial photogrammetry, and many more. All such factors are fueling the growth of the global market.

Moreover, major players are investing majorly in the development of novel products which is also contributing to the growth of the global market. Furthermore, advancements in the technology and upgradation of the data management systems may result in numerous opportunities for the growth of the global land survey equipment market during the forecast period. However, growing inclination towards hiring land survey equipment may hamper the growth of the global land market.

The global land survey equipment market is severely hit by the Covid-19 pandemic. Most of the countries to control the Covid-19 infection imposed complete lockdown and restrictions on movement. This led to the shutdown of all the construction and mining activities during the first half of the year 2020. Thus, the demand for inspection and monitoring declined considerably during the pandemic. In addition to this, constraints on personnel movement also affected the market growth. However, amid the Covid-19 pandemic, the market is expected to gain momentum and gain a steady growth rate.

Request Free Sample

Global Land Survey Equipment Market: Segmentation

The global land survey equipment market is divided based on product, application, industry, and region.

Based on the product, the global land survey equipment market is bifurcated into GNSS systems, unmanned aerial vehicles (UAVs), 3D laser/laser scanners, levels, total stations & theodolites, and others.

The application segment is split into layout points, volumetric calculations, and inspection & monitoring.

The industry segment consists of construction, disaster management, mining, agriculture, oil & gas, and others.

Land Survey Equipment Market: Report Scope

Global Land Survey Equipment Market: Regional Analysis

Asia Pacific is estimated to hold the maximum share and lead the global land survey equipment market during the forecast period. Factors that are majorly contributing to the growth of the market in this region include industrialization growing at a speedy pace, an increase in demand for inspection & monitoring due to the presence of large agricultural lands, and the presence of key manufacturers of land survey equipment.

In addition to this, the technology of Building Information Modeling (BIM) is rapidly adopted by China for construction and engineering activities. This is also adding up to the growth of the market in Asia Pacific region. The market in the Middle East and Africa is anticipated to be the fastest-growing region owing to the growing demand for land survey equipment from the oil & gas and construction sector.

Land Survey Equipment Market: Competitive Analysis

The global land survey equipment market is dominated by players like:

• Robert Bosch GmbH
• Kolida Instrument Co., Ltd
• Hudaco Industries Limited
• Hi-Target
• Hexagon
• Trimble Inc
• Topcon Corporation
• Suzhou Foif Co., Ltd
• Stonex
• Shanghai Huace Navigation Technology Ltd. (CHC Navigation)

The global land survey equipment market is segmented as follows:

By Product

• GNSS Systems
• Unmanned Aerial Vehicles (UAVs)
• 3D Laser/Laser Scanners
• Levels
• Total Stations & Theodolites,
• Others

By Application

• Layout Points
• Volumetric Calculations
• Inspection & Monitoring

By Industry

• Construction
• Disaster Management
• Mining
• Agriculture
• Oil & Gas
• Others

Global Land Survey Equipment Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.