Updated date - Feb 10, 2020

The Land Survey Equipment market is projected to grow from USD 5.42 billion in 2016 to USD 8.70 billion by 2022, at a CAGR of 7.67% during the forecast period from 2017 to 2022. This report covers the forecast of the Land Survey Equipment market and its dynamics over the next five years, while also recognizing the application gaps and recent developments in the Land Survey Equipment market, along with the identification of high potential countries. Advancement in in networking for GNSS application of land survey equipment, benefits of electronics devices on conducting land surveys are the major factor that is expected to drive the Land Survey Equipment market in the coming years.

Rising demand for mapping, surveying, aerial imagery, aerial photography is projected to fuel the growth of UAV market

Based on product, the Land Survey Equipment market has been segmented into Total Stations, 3Dlaser scanners, GNSS systems, UAV, Levels, and lasers, others. Unmanned Aerial Vehicles (UAVs) are remotely piloted aerial vehicles that have significant roles in commercial as well as defense sectors. Commercial UAVs are used for varied applications, such as mapping, surveying, aerial imagery, and aerial photogrammetry, among others. The capabilities of UAVs in providing a wide range of platforms for potential applications in the civil & commercial sector has led to enormous developments, and significant R&D investments in UAVs have led to widened UAV applicability in mining, survey, 3D mapping, and oil & gas sectors, among others.

Rapid urbanization in the developing economies of Asia pacific & Africa is estimated to lead the construction industry

By industry, Land Survey Equipment market has been segmented into construction, Oil & Mining, Disaster management, and Agriculture. Land survey equipment has significant use in the construction industry to measure, map, and monitor construction sites. The growth of the construction industry is one of the major factors in the growth of the land survey equipment market, which is attributed to rapid urbanization in the emerging economies of Asia and Africa. According to the Global Construction outlook 2021, the global construction industry is expected to grow at an average of 2.8% during the next five years. Construction contracts are also increasing with the rise in construction activities worldwide. For instance, the value of construction contracts by the Overseas Construction Association of Japan, Inc. in 2016 was Asia, USD 6.05 billion; Middle East and North Africa, USD 0.12 billion; Africa, USD 0.22 billion; North America, USD 5.55 billion; Central and South America, USD 0.29 billion; Western Europe, USD 0.07 billion; Eastern Europe, 0.33 billion; and Oceania, USD 0.59 billion.

Adoption of Land Survey Equipment for Commercial Purposes Is Expected to Increase, Leading to A High Demand from The Global Land Survey Equipment Market

By end user, the Land Survey Equipment market has been segmented into commercial, defense, and research. Commercial segment is project to grow at a highest Share in the market during the forecast period. In the commercial segment, land survey equipment is used in the construction, agricultural, mining, oil & gas industries, as well as in forestry, telecommunications, electricity, and water utilities. Land survey equipment manufacturers are constantly upgrading their equipment to produce more technically advanced equipment to meet the demand from land surveyors and land survey service providers for better and enhanced land survey equipment. Due to various technological advancements, such as GNSS technology for survey purposes, the adoption of land survey equipment for commercial purposes is expected to increase, leading to a high demand from the global land survey equipment market. Furthermore, increasing construction activities in the Asia Pacific, Africa, and North America, increasing mining activities and focused efforts on better precision farming, are other factors contributing to the growth of the commercial segment.

Rising construction activity across the industry is projected to drive the demand for layout point segment

Based on application, the Land Survey Equipment market has been segmented into Layout Points, Monitoring, Volumetric Calculation, and Inspection, others. Under this segment, Layout Point is projected to grow at the highest CAGR during the forecast period. Layout points is a process where construction plans are interpreted by marking the coordinates of new structures. This ensures that ongoing projects are being developed as per planned designs. These points also help in proposed improvements in existing projects, along with ensuring completion in time. In the past few decades, research is focused on the use of IT to plan layouts, for instance, 4D simulations, artificial intelligence, virtual reality, and Building Information Modelling (BIM), which can help optimize the layout plan during the various phases of construction.

Market Dynamics: Land Survey Equipment Market

Drivers: Need for modern land survey equipment

Contractors struggle with low productivity due to high unexpected rework and change in orders caused by modern construction requirements. The accuracy of survey data is of apex importance for the safety and reliability of the construction project. Modern building structures are now more complex, and need to be completed in shorter timeframes, while providing superior quality and being priced lower. This, in turn, requires the adoption of new processes, such as digital workflows and Building Information Modelling (BIM). In an ideal BIM, the 3D model is designed with highly accurate as-built point clouds, and these points are replicated on the job site using land survey equipment that could capture the scanned data. Land survey equipment helps contractors measure angles and distances with high accuracy to lay out new constructions. This results in better predictions while planning projects, reduced rework, and higher profitability.

Opportunities: Upgrading data management systems in surveys

In the land survey equipment industry, technological advancements have enabled the provision of measurements and report data with increased speed and accuracy even for complex tasks. Surveyors have started using equipment, such as total stations, worth up to USD 50,000 each, to electronically calculate distances hundreds of meters away to within centimeter accuracy. Robotic versions are now also available, allowing surveyors to single-handedly operate a total station by remote control.

As a high volume of data is gathered every day, technological innovations for improved data management are gaining popularity. Technical Data Management Systems (TDMS) help in archiving data essential for survey maps, technical specifications, equipment data sheets, feasibility reports, project reports, operation and maintenance manuals, and standards. Raw data collected by survey equipment is archived for efficient data management, data sharing, and better and informed decision making.

TDMS aids in faster and easier data management, enables increased coordination within organizations, and provides additional security, as all data files are centralized.

Challenges: Lack of skilled manpower and technical knowledge in the use of the latest equipment

The growth in demand for land survey equipment during the last decade has led to the requirement of skilled manpower qualified to operate this equipment. Manpower development is critical to further develop a solid, efficient, and balanced industrial base. Highly skilled manpower can support the development of innovative technologies, provide policy support for increased market access, and develop markets for space applications and services.

The adoption of advanced land survey equipment involves significant challenges in training operators. Implementation of advanced land survey equipment requires operators to learn new methods of construction. Though it does not take long for operators to understand the benefits of the latest instruments and accept the related challenges, the implementation of these instruments onto construction projects is still often met with resistance. In-depth knowledge regarding the capabilities of the latest land survey equipment would help maximize operator efficiency, particularly for larger projects that require a significant number of skilled operators. Thus, operator training on the latest land survey equipment is necessary to ensure accuracy and precision required for the progress of the project at construction sites.

Restraints: Rental and leasing service providers for land survey equipment

As land survey equipment is capital intensive, there is an increasing demand for rental & leasing services across technology and product domains. Services are based on the scope of the work model and offer consulting, solution design, and implementation along with integration services. These services are offered on a daily, weekly, monthly, and annual subscription basis. These service providers have designed their offerings in a comprehensive manner in-line with end user requirements, such as rental charges not being applicable while the equipment is in transit, flexible rental scheduling, and spare cables and accessories to avoid downtime, among others.

Regional Analysis of Land Survey Equipment Market

Asia Pacific is the largest market for Land Survey Equipment in 2017�

Asia Pacific is one of the leading regions for the land survey equipment market and is estimated to account for the largest share in 2017. The countries considered under Asia Pacific include China, Japan, India, Malaysia, Singapore, Indonesia and Rest of Asia Pacific. Rest of Asia Pacific include countries such as Vietnam, Philippines, and Thailand. The region has various key players in the land survey equipment market. Topcon, based in Japan, is one of the key players in the land survey equipment market. In December 2016, the company acquired Mirage Technologies (Spain), a provider of cloud-based services to process, stream, and visualize 3D data for survey solutions. Other key players in this region include Hi-Target, Shanghai Huace Navigation Technology (CHC), Suzhou First Optical Instrument Factory (FOIF), South Surveying & Mapping Instruments, and Changzhou Dadi Surveying Science & Technology. China is rapidly adopting the Building Information Modeling (BIM) software for various architectural, engineering, and construction activities in the country. In January 2017, the Building and Construction Authority (BCA) of Singapore forecast that the value of construction contracts in 2017 for Singapore will reach USD 20-25 billion. Asia Pacific countries are also adopting the use of UAVs for various mining and mapping activities. In February 2017, Terra Drone, a Japanese UAV provider, launched an office in Brisbane, aiming to bring increasing drone technology to Australia�s mining sector

Scope of the Report

Report Metric Details Market size available for years 2015�2022 Base year considered 2016 Forecast period 2017�2022 Forecast units Value (USD) Segments covered Product, End User, Industry, Application, Software, and Region Geographies covered North America, Asia Pacific, Europe, Middle East, Africa, Latin America and Africa Companies covered Trimble (US), Hexagon (Sweden), Topcon (Japan), Meggitt PLC (UK), Hi-Target (China), CHC-Navigation (China), Suzhou FOIF (China), Stonex (Italy), among others

Target Audience for this Report

Survey Equipment Suppliers

Survey Equipment Manufacturers

Survey Training Bodies

Technology Support Providers

Regulatory Bodies

Software/Hardware/Service and Solution Providers

Land Survey Companies

Original Equipment Manufacturers (OEMs)

This research report categorizes the Land Survey Equipment market based on product, end user, Industry, software, application, and region.

Based on Product, the Land Survey Equipment market has been segmented as follows:

GNSS Systems

Total Stations & Theodolites

Levels

3D Laser Scanners

Lasers

Unmanned Aerial Vehicles (UAVs)

Based on Industry, the Land Survey Equipment market has been segmented as follows:

Construction

Oil & Gas

Mining

Agriculture

Disaster Management

Based on Application, the Land Survey Equipment market has been segmented as follows:

Inspection

Monitoring

Volumetric Calculations

Layout Points

Based on Software, the Land Survey Equipment market has been segmented as follows:

Construction Software

Oil & Gas Software

Mining Software

Agriculture Software

Based on End User, the Land Survey Equipment market has been segmented as follows:

Commercial

Defense

Research

Based on region, the Land Survey Equipment market has been segmented as follows:

North America

Europe

Asia Pacific

Middle East

Africa

Latin America

Trimble (US), Hexagon (Sweden), Topcon (Japan), Meggitt PLC (UK), Hi-Target (China), CHC-Navigation (China), Suzhou FOIF (China), Stonex (Italy), are expected to lead the land survey equipment market during the forecast period.

Trimble Inc. (US) is a major player in the land survey equipment market with a 29.6% share. The company focuses on large markets historically underserved by technology that offer significant potential for long-term revenue growth, profitability, and market leadership. The company collaborated with Propeller Aero (Australia), a leader in the advanced collection, visualization, and analysis of data from UAS, in July 2017 to distribute its Unmanned Aircraft System (UAS) analytics platform. Propeller's simple automated ground control targets, cloud-based visualization, and rapid analysis platforms are also expected to be integrated with Trimble Connected Site solutions to bring an end-to-end cloud-based UAS solution to civil engineering and construction contractors. In 2017, the company also launched land survey equipment products, such as GFX-750, C5 & C3 (Total Stations), APX-15-EI UAV, APX-18 UAV, and APX-20, which shows the company�s research and development capabilities that enable it a leading position in the market in terms of products and technology.

Recent Developments

In February 2016, Hexagon AB acquired SigmaSpace Corporation (US). The acquired company is a single photon Lidar provider of next-generation technologies which are used to rapidly deliver high-quality 3D maps of the Earth.

In November 2017, Leica Geosystems, a subsidiary of Hexagon AB, launched the ScanStation P50, the fastest and safest long-range 3D laser scanner, as the newest member of the 3D terrestrial laser scanner P-Series.

In September 2017Leica Geosystems underwent a partnership with Matterport, Inc. (US), to deliver a fast, simple solution to create, modify, distribute, and navigate immersive 3D and digital images. This partnership is aimed at catering the Architecture, Engineering, and Construction (AEC) sector.

In July 2017 Leica Geosystems underwent a partnership with Matterport, Inc. (US), to deliver a fast, simple solution to create, modify, distribute, and navigate immersive 3D and digital images. This partnership is aimed at catering the Architecture, Engineering, and Construction (AEC) sector.

Critical questions the report answers:

Where will all these developments take the industry in the long term?

What are the upcoming trends for the land survey equipment market?

Which segment provides the most opportunity for growth?

Who are the leading vendors operating in this market?

What are the opportunities for new market entrants?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst