December 06, 2021
According to the research report titled, ‘Global Land Survey Equipment Market Size study, by Product (GNSS, Theodolite, Level Equipment, Laser Scanning, UAV, GIS Asset Collection, Data Collectors), End Use (oil & gas, construction, mining, agriculture), and Application (inspection, monitoring, volumetric calculations, and layout points) and Regional Forecasts 2021-2027,’ available with MarketStudyReport, global land survey equipment market to register an annual growth rate of 6% during 2021-2027.
Increasing popularity of Unmanned Aerial Vehicles (UAVs) to ensure proper monitoring and inspection of remote locations in less time duration coupled with favorable government initiatives in the field are aiding the expansion of global land survey equipment market.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/4285217/
For the unversed, land survey equipment are generally used to monitor and inspect, layout pints, and volumetric calculations in industries like oil & gas, construction, mining, disaster management, among others.
In addition, technological advancements in the field, new product launches, and increasing R&D activities are augmenting industry outlook. On the downside, dearth of skilled workforce and technical knowledge which in turn limits the adoption of latest technologies is likely to hamper global land survey equipment market progression.
By product type, the marketplace is split into theodolite, GNSS, laser scanning, UAV, level equipment, data collectors, and GIS asset collection. The end-user landscape includes construction, oil & gas, mining, and agriculture.
On the basis of application, the industry sphere is segmented into inspection, monitoring, volume calculations, and layout points.
Regionally speaking, Asia Pacific market is projected to amass notable gains during 2021-2027 owing to favorable government initiatives, rising development in the construction sector, and effective strategies adopted by the leading market players.
Trimble Inc., Topcon Corporation, Suzhou Foif Co. Ltd., StoneX Group Inc., Shanghai Huace Navigation Technology Ltd., Robert Bosch GmbH, Kolida Instrument Co. Ltd., Hudaco Industries Ltd., Hi-Target Navigation Technology Corporation, and Hexagon AB are the leading players operating in global land survey equipment market.