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Surveying & Mapping Services in Canada - Industry Market Research Report

Surveying & Mapping Services in Canada - Industry Market Research Report

  • May 2019
  • 31 pages
  • ID: 4564387
  • Format: PDF
  • By Ibisworld

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No direction: A sharp decline in global commodity prices led to decreased demand from downstream markets

Abstract

Surveying & Mapping Services in Canada
Operators in the Surveying and Mapping Services industry in Canada perform services that include the creation of segregating rights in parcels of land, which give certain rights to real property without designating possession. Industry services are used by a range of industries, including residential, commercial, industrial construction and government authorities for infrastructure and environmental purposes. The five years to 2019 have been defined by lower demand from downstream nonresidential construction markets, which, in turn, was driven by a sharp decline in global commodity prices between 2014 and 2016. The growth of downstream construction markets is expected to create demand for the industry over the five years to 2024. In addition to solid demand from commercial and industrial building construction, the slight growth of the housing market is expected to stimulate demand for industry services, particularly cadastral, property line and construction surveying.

Operators in this industry perform surveying and mapping services of the surface of the earth, including the sea floor. These services may include surveying and mapping areas above or below the surface of the earth, such as the creation of view easements or segregating rights in parcels of land by creating underground utility easements, which give certain rights to real property without possessing it.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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