Land Survey Equipment Market Size, Share & Trends Analysis Report By Product  (GNSS, Total Station & Theodolites, Levels, 3D Laser / Laser Scanners, Unmanned Aerial Vehicles (UAVs), Others), By Industry  (Construction, Oil & Gas, Agriculture, Mining, Disaster Management, Others), By Application (Inspection & Monitoring, Volumetric Calculations, Layout Points) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Market Overview

The global land survey equipment market size was valued at USD 5,949 million in 2021, presumed to reach USD 9,772 million by 2030, expanding at a CAGR of 6.4% during the forecast period. Rising infrastructure development, increased demand from major industries, technical improvements, a greater emphasis on accuracy and efficiency, and the adoption of rental and leasing models are all driving the market forward.

Using mathematics, sophisticated technology, specialized equipment, monitoring, and land surveying include measuring and charting the surrounding environment. Surveyors measure virtually everything on land, in the air, and at the bottom of the ocean. Most users rely on surveying to maintain order in the physical environment. Products from the land survey equipment market, including GNSS systems, total stations and theodolites, levels, 3D laser and laser scanners, and unmanned aerial vehicles, are utilized in a variety of industries, including construction, oil and gas, agriculture, mining, and disaster management, for inspection and monitoring, volumetric calculations, and layout points. The global use of drones for filmmaking and photography has increased. They can be controlled remotely via computers and intelligent gadgets. They are primarily employed in surveying and surveillance in the commercial and military sectors.

The market for land surveying equipment is driven by urbanization and industrialization in developing nations, where smart cities are being built. Land surveying is a crucial aspect of these cities' earliest planning stages. Before its planning and construction, it would require surveying and inspection services. Consequently, this factor serves as a growth driver for the market over the forecast period. In addition, land surveying equipment saves a great deal of time during its application procedure and produces precise results due to its software's simultaneous data processing. However, many small businesses offer rental and leasing services on land equipment goods, preventing direct end-users from purchasing their equipment. In addition, the market necessitates trained labor and technical understanding of the equipment's operation and software. However, such skilled operators are few on the market.

Market Dynamics

Global Land Survey Equipment Market Drivers

The Development of Smart Cities and Increased Drone Usage

There is a need to design and build cities for their administration to run smoothly in light of the urban population growth. A city's population must have access to water, energy, sanitation, and other essentials. Consequently, there has been a great deal of attention and planning devoted to the creation of new smart cities around the world. Smart cities are anticipated to exist in Singapore, Dubai, Amsterdam, London, New York, and Tokyo, among others. In addition, approximately one hundred Indian cities have been selected for transformation into smart cities. This method must assess and monitor the land in and around cities predicted to grow in population. The use of total stations & theodolites, 3D lasers, and levels is anticipated to aid in land measurement and the planning of the construction of roads, buildings, and other infrastructures. Consequently, the emphasis on creating smart cities is anticipated to stimulate the market for land survey equipment over the forecast period.

Drones are remotely controlled using computers and mobile devices. They are equipped with cameras and other gadgets that capture images or collect and transfer data to a computer. Drones are used for construction monitoring, surveying, inspection, aerial photography, thermal sensors, geographical mapping, transportation, crop management, and emergency management. Due to these benefits, there has been a rapid increase in the use of drones for land surveying. In addition, drones measure enormous areas without a human observer. In the mining and agriculture industries, geospatial and 3D cameras produce more accurate surveying data. Due to the increasing demand for drones in research and commercial applications, leading companies have introduced many specialized drones in recent years. This further propels the land survey equipment market.

Global Land Survey Equipment Market Restraints

Scarcity of Skilled and Technical Knowledge

Land surveying equipment is equipped with various modes of operation and a vast array of characteristics; as a result, they require qualified personnel to operate and function correctly. Nonetheless, a single erroneous order can result in multiple issues, such as improper data recording, which can impact the entire survey's data. In addition, modern equipment requires training for the equipment operator. This is a factor preventing the device from functioning. In addition, the software used for data analysis includes numerous features and modes, which can bewilder the operator when collecting data. Consequently, these constraints hinder the market expansion for land survey equipment.

Global Land Survey Equipment Market Opportunities

Advancements in the Data Management System 

Recording and compiling the data acquired in the survey for future use has made data management a must. For instance, the town planning committee can use data from surveys of lands in and around the cities to plan roads and buildings while proposing an expansion plan for the towns. In addition, surveillance data acquired at mine sites can be utilized to monitor and plan production activities. Similarly, data management is required in agriculture to verify crop health, pesticide application, and other harvesting procedures. In addition, various new programs are being developed to compile and store data for later retrieval. Therefore, the modernization of data management systems is anticipated to stimulate the market for land survey equipment and generate prospects throughout the forecast period.

Regional Analysis

The region-wise segmentation of the global land survey equipment market includes North America, Europe, Asia Pacific, and LAMEA.

The Asia Pacific and North America will Dominate the Regional Market

The Asia Pacific will command the market with the largest share while growing at a CAGR of 6.9%. South Korea, China, and others are among the nations that are quickly urbanizing and industrializing. Numerous new construction projects are now underway. One hundred smart cities are scheduled to be constructed in India by 2025. Similarly, 12 smart cities will be finished in China by 2023. In addition, defense businesses make extensive use of drones and GNSS systems. In addition, the mining industry uses total stations and 3D lasers for inspection and monitoring. During the forecast period, these initiatives are anticipated to stimulate the market in the Asia-Pacific region.

In recent decades, urbanization and industrialization have significantly impacted countries like China. In 2009, over 45% of China's population resided in metropolitan areas and cities, compared to over 60% today. In addition, it is projected that by 2030, more than 70% of the population will reside in metropolitan areas. This is anticipated to lead to the establishment and extension of several new cities, which will necessitate land survey equipment for land surveying. Consequently, this is expected to give attractive chances to grow the market for land surveying equipment in the Asia Pacific over the forecast period.

North America will expand at a CAGR of 6% and hold USD 2,568 million. Commercial and military sectors account for the majority of demand for surveying equipment. Defense and mining are the primary uses for land surveying equipment in the United States. However, land surveying equipment is mainly employed to survey the land in urban areas for better planning. Agriculture and disaster management are other industries that utilize land surveying technology for assessment, monitoring, point layout, and calculation purposes. Moreover, there seems to be substantial growth in the usage of drones for surveying and surveillance in the mining and defense industries.

The United States conducts extensive research on GNSS and GPS technology for use in the defense sector and navigation systems. The Office of Space and Advanced Technology of the U.S. Department of State organized a workshop on the applications of GNSS to examine policies and services that can be accessed via U.S.-launched satellites, constellation status & modernization of GNSS, and international cooperation. Awareness was raised to take advantage of GNSS services. These techniques are predicted to enhance the market for land surveying equipment in the North American region over the forecast period.

Segmental Analysis

The global land survey equipment market is classified based on product, industry, application, and region.

By Product Analysis

Based on product, the categories include GNSS systems, total stations & theodolites, levels, 3D laser/laser scanners, unmanned aerial vehicles (UAVs), and others.

The GNNS systems section will grow at a CAGR of 5.5% and hold the largest market share. Global Navigation Satellite System (GNSS) is a satellite navigation system that transmits position and time information via signals from space. GNSS also includes the Global Positioning System (GPS). In addition, GNSS and GPS function together, with GNSS being able to receive and broadcast signals via many satellites, giving greater precision and reliability than GPS, which operates via a single satellite. GNSS is a highly effective navigation system. It has various commercial uses, including mapping the ground, controlling machines, automating ports, agriculture, construction, maritime, mining, surveying, and defense. The consumer market is increasingly adopting GNSS technology due to the expansion of available goods and the ease with which it can be integrated into smartphones.

The total stations & theodolites section will hold the second-largest share. Total stations and theodolites are visual or electronic tools used in construction and surveying. Total stations are versatile tools that measure angles, distances, and elevations, whereas theodolites specialize in calculating horizontal and vertical angles. Total stations are precise and may be operated by a single person, but they are costly and require a well-trained operator. Total stations and theodolites are used in land and area surveys to construct structures, highways, bridges, roads, and other infrastructures. Land surveying has increased due to urbanization and construction in developing regions. In addition, governments use total stations and theodolites to survey terrain for study and to design new infrastructures.

By Industry Analysis

Based on industry, the categories include construction, oil & gas, agriculture, mining, disaster management, and others.

The construction section is envisioned to expand at a CAGR of 6.3% and hold the largest market share. Land surveying instruments, like total stations & theodolites, levels, 3D laser/laser scanners, and UAVs, are utilized for construction-related tasks, such as surveying, producing layouts, inspecting, and monitoring. They are also used in constructing roads, bridges, dams, and buildings, among other things. Urbanization and industrialization on the rise in developing nations have increased construction. Due to land surveying equipment, land surveying and the preparation of layouts are now less complicated. In addition, drones are handy tools for remotely monitoring the construction process or inspecting inventories and supplies without being physically present on-site.

The oil & gas section will hold the second-largest share. Land surveying technology has significantly impacted the oil and gas industry by remotely conducting surveys and assisting with project planning. Additionally, drones are utilized for these facilities' safety, productivity, and environmental management. Due to the simplicity of surveying, inspection, and monitoring applications in oil and gas fields, the oil and gas industry has seen a steady increase in the usage of land survey equipment. The increasing use of land surveying technology results from its human-operated, long-distance remote control.

By Application Analysis

Based on application, the categories include inspection & monitoring, volumetric calculation, and layout points.

The inspection & monitoring section is envisioned to expand at a CAGR of 6% and hold the largest share. Construction, agriculture, mining, and disaster-stricken areas are inspected and monitored with land surveying equipment. In addition, these tools are utilized for monitoring construction, agricultural, and mining operations to assure the intended outputs and safety. GNSS, total stations & theodolites, 3D scanners, and levels for accurate inspection of the building, agricultural, and mining sites have become more prevalent. Additionally, remote monitoring of construction, agricultural, and mining operations conserves time and energy.

The layout points section will hold the second-largest share. Layout points indicate the coordinates of new structures on construction blueprints. GNSS, total stations & theodolites, 3D scanners, levels, unmanned aerial vehicles, and geographic information systems are utilized to collect layout points and convert them into the necessary output, such as an image or a set of figures. This segment discusses using these land surveying tools to gather layout points. It is crucial to mark layout points when doing a land survey. This is widely used for projects where construction plots are identified and work is conducted inside the designated area.

Impact of covid-19

COVID-19 has positive and negative market consequences, as carbon emissions have decreased globally due to the lockout. COVID-19's reduction in emissions is a short-term benefit. Still, when industries and enterprises attempt to recoup some of their financial losses in the first quarter of the year, carbon emissions will rise dramatically. COVID-19 had a negative impact on global recycling efforts. Countries, notably the United States, have halted or decreased recycling programs to focus on collecting additional domestic waste or because services have been disrupted by the virus.

Also, with industries slowly returning to normalcy following the COVID-19 outbreak, this shift in workplace health and safety is expected to increase due to mandatory social distancing and continuous personal care through sanitization to eliminate even the tiniest possibility of COVID-19 spread. COVID-19 has impacted various companies' revenues, and if the lockdown is lifted, companies will turn their attention to operations to make up for their losses.

Recent Developments

• In 2022, Hexagon announced the release of the brand-new, next-generation Leica BLK360, which significantly increases reality capture by meeting two of the most sought-after requirements: speed and efficiency.