Land Survey Equipment Global Market Report 2022

Major players in the land survey equipment market are South Surveying And Mapping Instruments, Hexagon AB, Trimble Inc., Topcon, CHC-Navigation, Hi-Target, Hudaco Industries Limited, Kolida Instrument Co. Ltd., Robert Bosch GmbH, Shanghai Huace Navigation Technology Ltd, Stonex, Suzhou Foif Co. Ltd., Industries Limited (V.I Instruments), Topcon Positioning Group, M and P Survey Equipment Ltd., Ansari Precision Instruments Private Limited, Geotrax International Services, Jafri Survey Instruments, PASI Srl, Survey Copter, KSA Land Surveyors Company, Suzhou Foif Co. Ltd., Changzhou Dadi Surveying Science And Technology.

The global land survey equipment market is expected to grow from $6.44 billion in 2021 to $6.91 billion in 2022 at a compound annual growth rate (CAGR) of 7.3%. The land survey equipment market is expected to grow to $9.45 billion in 2026 at a CAGR of 8.1%.

The land survey equipment market consists of sales of land survey equipment by entities (organizations, sole traders, partnerships) that are used for surveys including measuring land and locating the land, both natural features and man-made using the principle of mathematics, geometry, and other sciences. Some of the surveying instruments used in land surveying are theodolite, measuring tape, total station, 3D scanners, GPS/GNSS, level, and rod.

The main products in land survey equipment market are GNSS systems, total stations and theodolites, levels, 3D laser/laser scanners, unmanned aerial vehicles (UAVs), and other products.The GNSS systems refer to the Global Navigation Satellite System (GNSS) as any satellite constellation that provides global or regional positioning, navigation, and timing (PNT) services.

The land survey equipment market has applications in inspection, monitoring, volumetric calculations, layout points, and others.These are used in various industries such as transportation, energy and power, mining and construction, forestry, scientific and geological research, and precision agriculture, disaster management, and other industries.

The various solutions are hardware, software, and services. The various end-users are commercial, defense, and service providers.

Asia Pacific was the largest region in the land survey equipment market in 2021. The regions covered in land survey equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The land survey equipment market research report is one of a series of new reports that provides land survey equipment market statistics, including land survey equipment industry global market size, regional shares, competitors with a land survey equipment market share, detailed land survey equipment market segments, market trends and opportunities, and any further data you may need to thrive in the land survey equipment industry. This land survey equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The benefits of electronic devices in land surveys are driving the growth of the land survey equipment market.Modern survey methods use a combination of software running on an external computer, electronic theodolite (transit), and electronic distance measuring (EDM) device.

Electronic theodolites are used in checking angles, alignments, grade work, and short-range leveling.Electronic land survey devices are accurate in measuring the distance that is accomplished with modulated microwave or infrared carrier signals.

For example, in November 2021, Topcon Positioning Group announced its MC-Max machine control solution.MC-X machine control platform is based on the Sitelink3D platform — the cloud-based data management ecosystem that works in real-time, MC-Max is a scalable solution for mixed-fleet heavy equipment environments.

It is designed to adapt machine control and data integration of workflows expand. Hence, the adoption of electronic devices for the land survey drives the growth of the land survey equipment market.

Technological advancements and innovations are shaping the land survey equipment market.As mobile phones are becoming essential and accessible to everyone, mobile phones are becoming an important mode to conduct surveys, this instrument empowers surveyors with quick access to information needed in the survey area while conducting the survey.

With technological advancement, the surveyor can process the collected data later with the help of survey software. For instance, in 2021 U-Box Holding AG, a Switzerland-based manufacturer of wireless semiconductors and modules for consumer, automotive and industrial markets, acquired Sapcords services a joint venture formed by U- Box, Bosch, Geo++, and Mitsubishi electric that works on U-Box’s Silicon to cloud strategy and enables to innovate and grow its Global Navigation Satellite System (GNSS) augmentation services.

In October 2021, Hexagon AB, a Sweden-based information technology company acquired Infor’s EAM business for an undisclosed amount.With this acquisition Hexagon AB aimed to provide a best-in-class, SaaS-based asset management solution that tracks assets, digitalizes maintenance operations, and enables customers in nearly any industry to reach operational efficiency.

Infor is a US-based enterprise software company.

The countries covered in the land survey equipment market report is Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.