Survey Equipment Market By Type (GNSS Systems, Total Stations & Theodolites, Levels, 3D Laser Scanners, Lasers, and Unmanned Aerial Vehicles (UAVs)), By Application (Inspection, Monitoring, Volumetric Calculations, and Layout Points), Industry Trends, Estimation & Forecast, 2023-2030

The Survey Equipment market was valued at 6.7 billion US$ in 2022 and is projected to reach 10.6 billion US$ by 2030, at a CAGR of 5.9% during the forecast period.
  • Market Overview

    Survey equipment are used for measurement of the distance between specific points, generally marked out on construction land.
    Construction professionals and land engineers use various survey equipment with a plane table to draw lines of sight on a distant object, primarily to determine the measurement of angles. The survey equipment are used in several industrial end-user verticals, such as Oil & Gas, Mining, Construction, Agriculture, and many others.

    Market Dynamics

    The rising product incorporation in construction activities and infrastructural development and increasing electrification and technological advancement of survey equipment are the primary factors driving the market growth. The rapid increase in population and expansion in industrial efforts have necessitated the adoption and deployment of surveying calculations before the commencement of work, influencing boost in the demand for survey equipment. The development and extension of several public and private infrastructure and utility buildings have improved the sale and integration of survey equipment, which are being used by professionals to determine the firmness of the land before the establishment of structures. The survey equipment are being increasingly deployed at several industrial job sites to determine the elevation of land and integrity of designs, which would influence an increase in product adoption and growth of the market in the ensuing years. The consistent efforts of product improvement, along with the gradual integration of electronic devices in survey equipment, would further bolster the prospects of market growth. However, high product costs and lack of technical knowledge in the workforce might hamper the market growth. The lack of product know-how among general workers employed in different positions in industrial sectors would act as barriers to sustained product incorporation and market growth during the forecast period. The growing product demand from industrial verticals in developing regions would provide lucrative opportunities for the market in the coming years. The rising investments in industrial expansion and building activities would provide key manufacturers with new possibilities of product application and business expansion over the forecast period.

    Market Segmentation

    The global Survey Equipment market is mainly classified based on Type and Application. Type is segmented into GNSS Systems, Total Stations & Theodolites, Levels, 3D Laser Scanners, Lasers, and Unmanned Aerial Vehicles (UAVs). By Application, the market is divided into Inspection, Monitoring, Volumetric Calculations, and Layout Points.

    The Levels segment by Type holds a significant share in terms of overall market value and volume owing to the increased product sales and the vital role it plays during the surveying of land and structures. The levels are essential equipment that helps determine distances and heights between specific points in relation to a benchmark, which would continue to bolster its prospects of sale and segment growth over the forecast period.

    In terms of volume, the Inspection Consumption by Application is poised to garner 4,504.7 K Units; growing at a CAGR of 7.3% during forecast period. The proliferation in services involving inspection of land and topography in onsite and offsite industrial locations would boost the application of survey equipment and improve the growth prospects of the segment in the coming years.

    Regional Analysis

    Based on geography, the global Survey Equipment market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, Russia, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

    Asia-Pacific is a leading region and holds a substantial share in terms of overall production volume owing to the establishment of expansive production facilities that cater to the surveying equipment needs of professionals. The increasing investments into an extension of manufacturing units would further influence the growth of the regional market over the forecast period.

    Competitive landscape

    The Survey Equipment market is highly fragmented, with several global and regional companies operating in the evolving market scenario with expansive manufacturing capabilities and extensive product distribution networks. The ability of the local companies to cater to the customized needs of the regional surveying professionals in a hassle-free manner would further intensify the overall competitiveness of the market in the ensuing years.

    Key players operating in the Survey Equipment industry include Hexagon AB, Topcon Positioning Systems, Inc., Trimble Inc., Hi-Target Navigation Tech Co., Ltd., Shanghai Huace Navigation Technology Ltd., Suzhou FOIF Co., Ltd., Stonex Srl, South Surveying & Mapping Instrument Co Ltd., CST/Berger Corporation, Changzhou Science & Technology Co., Ltd., Sokkia Topcon Co., Ltd., Spectra Precision Inc., FARO Technologies, Inc., and senseFly SA.

    The launch of new products after thorough improvement & development and diversification of business opportunities through strategic partnerships are the primarily followed business strategies of the top players looking to capture substantial market share during the forecast period.

    Survey Equipment Market Key Segments:

    By Type
    • GNSS Systems
    • Total Stations & Theodolites
    • Levels
    • 3D Laser Scanners
    • Lasers
    • Unmanned Aerial Vehicles (UAVs)

    By Application
    • Inspection
    • Monitoring
    • Volumetric Calculations
    • Layout Points

    Key Global Survey Equipment Industry Players
    • Hexagon AB
    • Topcon Positioning Systems, Inc.
    • Trimble Inc.
    • Hi-Target Navigation Tech Co., Ltd.
    • Shanghai Huace Navigation Technology Ltd.
    • Suzhou FOIF Co., Ltd.
    • Stonex Srl
    • South Surveying & Mapping Instrument Co Ltd.
    • CST/Berger Corporation
    • Changzhou Science & Technology Co., Ltd.
    • Sokkia Topcon Co., Ltd.
    • Spectra Precision Inc.
    • FARO Technologies, Inc.
    • senseFly SA

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  • Table of Content

    1. Market Introduction
    1.1. Executive Summary
    1.2. Market Definition
    1.3. Market Scope

    2. Research Methodology
    2.1. Primary Research
    2.2. Research Methodology
    2.3. Assumptions & Exclusions
    2.4. Secondary data sources

    3. Survey Equipment Market Overview
    3.1. Report Segmentation & Scope
    3.2. Key Market Trend
    3.3. Drivers
    3.3.1. Rising product incorporation in construction activities and infrastructural development
    3.3.2. Increasing electrification and technological advancement of survey equipment
    3.4. Restraints
    3.4.1. High product costs and lack of technical knowledge in the workforce
    3.5. Opportunity
    3.5.1. Growing product demand from industrial verticals in developing regions
    3.6. Porter’s Five Forces Analysis
    3.6.1. Porter’s Five Forces Analysis
    3.7. Market Share Analysis

    4. Type Overview
    4.1. Introduction
    4.1.1. Market Size & Forecast
    4.2. GNSS Systems
    4.2.1. Market Size & Forecast
    4.3. Total Stations & Theodolites
    4.3.1. Market Size & Forecast
    4.4. Levels
    4.4.1. Market Size & Forecast
    4.5. 3D Laser Scanners
    4.5.1. Market Size & Forecast
    4.6. Lasers
    4.6.1. Market Size & Forecast
    4.7. Unmanned Aerial Vehicles (UAVs)
    4.7.1. Market Size & Forecast

    5. Application Overview
    5.1. Introduction
    5.1.1. Market Size & Forecast
    5.2. Inspection
    5.2.1. Market Size & Forecast
    5.3. Monitoring
    5.3.1. Market Size & Forecast
    5.4. Volumetric Calculations
    5.4.1. Market Size & Forecast
    5.5. Layout Points
    5.5.1. Market Size & Forecast

    6. Survey Equipment Market Regional Overview
    6.1. Introduction
    6.1.1. Market Size & Forecast
    6.2. North America Survey Equipment Market
    6.2.1. North America Market Size & Forecast, By Country
    6.2.2. North America Market Size & Forecast, By Type
    6.2.3. North America Market Size & Forecast, By Application
    6.2.4. U.S.
    6.2.4.1. Market Size and Forecast
    6.2.5. Canada
    6.2.5.1. Market Size and Forecast
    6.2.6. Mexico
    6.2.6.1. Market Size and Forecast
    6.3. Europe Survey Equipment Market
    6.3.1. Europe Market Size & Forecast, By Country
    6.3.2. Europe Market Size & Forecast, By Type
    6.3.3. Europe Market Size & Forecast, By Application
    6.3.4. Germany
    6.3.4.1. Market Size and Forecast
    6.3.5. France
    6.3.5.1. Market Size and Forecast
    6.3.6. UK
    6.3.6.1. Market Size and Forecast
    6.3.7. Italy
    6.3.7.1. Market Size and Forecast
    6.3.8. Russia
    6.3.8.1. Market Size and Forecast
    6.3.9. Rest of Europe
    6.3.9.1. Market Size and Forecast
    6.4. Asia-Pacific Survey Equipment Market
    6.4.1. Asia-Pacific Market Size & Forecast, By Country
    6.4.2. Asia-Pacific Market Size & Forecast, By Type
    6.4.3. Asia-Pacific Market Size & Forecast, By Application
    6.4.4. Japan
    6.4.4.1. Market Size and Forecast
    6.4.5. China
    6.4.5.1. Market Size and Forecast
    6.4.6. Australia
    6.4.6.1. Market Size and Forecast
    6.4.7. India
    6.4.7.1. Market Size and Forecast
    6.4.8. South Korea
    6.4.8.1. Market Size and Forecast
    6.4.9. Rest of Asia-Pacific
    6.4.9.1. Market Size and Forecast
    6.5. South America Survey Equipment Market
    6.5.1. South America Market Size & Forecast, By Country
    6.5.2. South America Market Size & Forecast, By Type
    6.5.3. South America Market Size & Forecast, By Application
    6.5.4. Brazil
    6.5.4.1. Market Size and Forecast
    6.5.5. Argentina
    6.5.5.1. Market Size and Forecast
    6.5.6. Rest of South America
    6.5.6.1. Market Size and Forecast
    6.6. Middle East & Africa Survey Equipment Market
    6.6.1. Middle East & Africa Market Size & Forecast, By Country
    6.6.2. Middle East & Africa Market Size & Forecast, By Type
    6.6.3. Middle East & Africa Market Size & Forecast, By Application
    6.6.4. GCC Countries
    6.6.4.1. Market Size and Forecast
    6.6.5. Egypt
    6.6.5.1. Market Size and Forecast
    6.6.6. South Africa
    6.6.6.1. Market Size and Forecast
    6.6.7. Rest of Middle East & Africa
    6.6.7.1. Market Size and Forecast

    7. Company Profile
    7.1. Hexagon AB
    7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
    7.1.2. Hexagon AB Product Category, Application, and Specification
    7.1.3. Hexagon AB Financial Performance (2015-2019)
    7.1.4. Main Business/Business Overview
    7.2. Topcon Positioning Systems, Inc.
    7.3. Trimble Inc.
    7.4. Hi-Target Navigation Tech Co., Ltd.
    7.5. Shanghai Huace Navigation Technology Ltd.
    7.6. Suzhou FOIF Co., Ltd.
    7.7. Stonex Srl
    7.8. South Surveying & Mapping Instrument Co Ltd.
    7.9. CST/Berger Corporation
    7.10. Changzhou Science & Technology Co., Ltd.
    7.11. Sokkia Topcon Co., Ltd.
    7.12. Spectra Precision Inc.
    7.13. FARO Technologies, Inc.
    7.14. senseFly SA

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What Report Provides?

• Full in-depth analysis of the parent Industry
• Important changes in market and its 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 growth potential

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