The global land survey equipment market was valued at USD 5,948.7 million in 2020 to USD 8,662.1 million by 2027, at a CAGR of 6.1% from 2021 to 2027. The land survey equipment market products, such as GNSS systems, total stations & theodolites, levels, 3D laser/laser scanners, and unmanned aerial vehicles, are used in industries, including construction, oil & gas, agriculture, mining, and disaster management for inspection & monitoring, volumetric calculations, and layout points.
The land survey equipment market is segmented into product, industry, and application. Based on product, the market is divided into GNSS systems, total stations & theodolites, levels, 3D laser/laser scanners, unmanned aerial vehicles (UAVs), and others. Depending on the industry, it is classified into construction, oil & gas, agriculture, mining, disaster management, etc. Based on application, it is segregated into inspection & monitoring, volumetric calculations, and layout points.
The use of drones has risen globally for videography and photography. They can be remotely operated through computers and smart devices. They are used for surveying and surveillance, mainly in the commercial and defense sectors. The land survey equipment market is also driven by urbanization and industrialization in developing countries, where several smart cities are planned. A land survey is an integral part of the initial planning stage of these cities. It would need surveying and inspection activities before its planning and actual construction process. Therefore, this factor is a driver for the growth of the land survey equipment market during the forecast period. Moreover, land surveying equipment saves time in its application process and gives accurate output, owing to its simultaneous data processing in software.
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