North America Land Survey Equipment Market Forecast to 2028

North America Land Survey Equipment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Solution (Hardware, Software, and Services), Industry (Mining, Construction, Agriculture, Oil & Gas, and Others), Application (Volumetric Calculations, Inspection, Layout Points, Monitoring, and Others), and Hardware (GNSS Systems, Levels, 3D Laser Scanners, Total Stations, Theodolites, Unmanned Aerial Vehicles, Machine Control Systems, Machine Guidance Systems, and Others)

Report Code : BMIRE00027690 | Region : North America | Industry : Electronics and Semiconductor | Published Date : 20/Dec/2022

The North America land survey equipment market is expected to grow from US$ 1,549.31 million in 2022 to US$ 2,251.40 million by 2028. It is estimated to grow at a CAGR of 7.2% from 2022 to 2028.

Use of Unmanned Aerial Vehicles (UAVs) and Remote-Control Drones

The use of unmanned aerial vehicles (UAVs) and remote-control drones is increasing in the mapping and surveying professions. These technologies have many potential applications within several sectors related to land surveys, agriculture, and environmental monitoring. With the help of drones and UAVs, surveyors can get their data precisely and quickly. UAVs and drones are safer as it eliminates the requirement of manpower to enter dangerous environments for measurements. With the help of these technologies, surveyors can access areas that are inaccessible to humans. UAVs combines photogrammetry, 3D mapping, land surveys, topographic surveying, etc. However, legal permission must be taken from the respective authority before using UAVs and drones by the surveyors. There are a few challenges associated with using drones and UAVs for a survey, such as pilot training for the operator and its assessment, keeping up with regulations for the operation, and providing professional output to the customer. If surveyors overcome these challenges, the use of UAVs and drones is expected to become a trend in the land survey equipment market across the region.

Market Overview

The North America land survey equipment market is bifurcated into the US and Mexico. According to the US Census Bureau and the Department of Housing and Urban Development, in 2021, ~762,000 new homes were sold in the US, most of which were single-family houses. The land survey equipment market growth in North America depends on several factors, such as the growing real estate business in the US and Mexico, the usage of advanced construction software, the dependency on agriculture, and the development of automobiles that increased traffic and led to new road developments. For instance, according to a report published by World Highways in June 2022, a highway is under construction in Mexico, which is expected to be completed by December 2022. This highway will connect Guadalupe y Calvo with Badiraguato and provide a link between Chihuahua State and Sinaloa State. Due to the presence of mountainous topography, the 140km highway construction was challenging and will cost ~US$ 117 million until its completion. Out of 140 km, ~13km of highway construction is still pending. Such infrastructure development requires land survey equipment to calculate area, route, location, site planning, etc. Further, the US is one of the leading countries in the land survey equipment market due to the high consumption of land survey equipment that led to increased production by several leading market players such as Allenbuild Instruments. Moreover, rising technological advancements leading to increased production and research & development activities are a few factors supporting the land survey equipment market growth. With the growing demand for land survey equipment in North America, the land survey equipment market is expected to grow during the forecast period.

North America Land Survey Equipment Market Revenue and Forecast to 2028 (US$ Million)

North America Land Survey Equipment Market Segmentation

The North America land survey equipment market is segmented based on solution, industry, application, hardware, and country.

Based on solution, the North America land survey equipment market is segmented into hardware, software, and services. The hardware segment held the largest market share in 2022. Based on industry, the North America land survey equipment market is segmented into mining, construction, agriculture, oil & gas, and others. The construction segment held the largest market share in 2022. Based on application, the North America land survey equipment market is segmented into volumetric calculations, inspection, layout points, monitoring, and others. The inspection segment held the largest market share in 2022. Based on hardware, the North America land survey equipment market is segmented into GNSS systems, levels, 3D laser scanners, total stations, theodolites, unmanned aerial vehicles, machine control systems, machine guidance systems, and others. The GNSS systems segment held the largest market share in 2022. Based on country, the North America land survey equipment market has been categorized into the US and Mexico. Our regional analysis states that the US dominated the market share in 2022. Hexagon AB; Hi-Target; PENTAX Surveying; Robert Bosch Tool Corporation; Shanghai Huace Navigation Technology Ltd.; South Surveying & Mapping Technology CO., LTD.; Suzhou FOIF Co., Ltd.; Topcon Corporation; and Trimble Inc. are the leading companies operating in the North America land survey equipment market.

At 7.2% CAGR, the North America Land Survey Equipment Market is speculated to be worth US$ 2,251.40 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the North America land survey equipment market was valued at US$ 1,549.31 million in 2022 and is expected to reach US$ 2,251.40 million by 2028, registering a CAGR of 7.2% from 2022 to 2028. Development of terrestrial laser scanners and use of unmanned aerial vehicles (UAVs) and remote-control drones are the critical factors attributed to the market expansion.

The use of terrestrial laser scanners is growing steadily in land surveys. Terrestrial laser scanners with high precision systems can work under various environmental conditions and circumstances such as deep mines. Terrestrial laser scanners are most suitable for surveying the mining field as this industry needs accurate data to get the facility’s as-built documentation, and the mines are deepened nowadays. Special attention is paid to the equipment that support vertical transport for the safe operation of underground mines. The terrestrial laser scanning is an active imaging ground-based method that provides an accurate, 3D point cloud of the object’s surface with the help of laser range finding. The number of various terrestrial laser scanner instruments in remote sensing applications is increasing. Moreover, mobile systems that have platform georeferencing and integrated laser scanning are installed on rail cars, road vehicles, etc., to capture kinematic data. The use of mobile laser scanners is increasing dramatically for the compilation of asset inventories and rapid corridor mapping. Therefore, development of terrestrial laser scanners is expected to drive the market growth.

On the contrary, lack of skilled manpower hurdles the growth of North America land survey equipment market.

Based on solution, the North America land survey equipment market is segmented into hardware, software, and services. The hardware segment held 56.3% market share in 2022, amassing US$ 872.67 million. It is projected to garner US$ 1,216.70 million by 2028 to expand at 6.4% CAGR during 2022–2028. Based on industry, the North America land survey equipment market is segmented into mining, construction, agriculture, oil & gas, and others. The construction segment held 61.7% market share in 2022, amassing US$ 956.26 million. It is projected to garner US$ 1,350.31 million by 2028 to expand at 6.6% CAGR during 2022–2028. Based on application, the North America land survey equipment market is segmented into volumetric calculations, inspection, layout points, monitoring, and others. The inspection segment held 32.8% market share in 2022, amassing US$ 508.06 million. It is projected to garner US$ 766.51 million by 2028 to expand at 8.0% CAGR during 2022–2028. Based on hardware, the North America land survey equipment market is segmented into GNSS systems, levels, 3D laser scanners, total stations, theodolites, unmanned aerial vehicles, machine control systems, machine guidance systems, and others. The GNSS systems segment held 23.3% market share in 2022, amassing US$ 203.24 million. It is projected to garner US$ 309.60 million by 2028 to expand at 8.2% CAGR during 2022–2028. Based on country, the North America land survey equipment market has been categorized into the US and Mexico. Our regional analysis states that the US captured 89.4% market share in 2022. It was assessed at US$ 1,385.24 million in 2022 and is likely to hit US$ 2,044.04 million by 2028, exhibiting a CAGR of 7.5% during the forecast period. Key players dominating the North America land survey equipment market are Hexagon AB; Hi-Target; PENTAX Surveying; Robert Bosch Tool Corporation; Shanghai Huace Navigation Technology Ltd.; South Surveying & Mapping Technology CO., LTD.; Suzhou FOIF Co., Ltd.; Topcon Corporation; and Trimble Inc., among others.

In 2021, Trimble Inc. announced that Trimble GEDO solutions are used by the Southern California firm to improve productivity in measurements for tamping. The Trimble GEDO IMS is used on more than 20 miles of tamping work. The system speeds up track measurement and reduces labor costs. In 2021, Topcon Corporation announced that they have entered a contract with DDK Positioning Ltd. to supply Global Navigation Satellite System and hardware components. DDK Positioning will use Topcon's positioning system to deliver their MAX services to Oceaneering International, Inc.’s clients.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Land Survey Equipment Market Landscape

4.1 Market Overview

4.2 North America PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America Land Survey Equipment Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Rising Development in Real Estate

5.1.2 Increasing Growth of Industrial & Agriculture Sectors

5.2 Key Market Restraints

5.2.1 Lack of Skilled Manpower

5.3 Key Market Opportunities

5.3.1 Development of Terrestrial Laser Scanners

5.4 Future Trends

5.4.1 Use of Unmanned Aerial Vehicles (UAVs) and Remote-Control Drones

5.5 Impact Analysis of Drivers and Restraints

6. Land Survey Equipment Market – North America Analysis

6.1 North America Land Survey Equipment Market Overview

6.2 North America Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7. North America Land survey equipment Market Analysis – By Solution

7.1 Overview

7.2 North America Land Survey Equipment Market, By Solution (2021 And 2028)

7.3 Hardware

7.3.1 Overview

7.3.2 Hardware: Land survey equipment Market Revenue and Forecast To 2028 (US$ Million)

7.4 Software

7.4.1 Overview

7.4.2 Software: Land survey equipment Market Revenue and Forecast To 2028 (US$ Million)

7.5 Services

7.5.1 Overview

7.5.2 Services: Land survey equipment Market Revenue and Forecast To 2028 (US$ Million)

8. North America Land Survey Equipment Market Analysis – By Industry

8.1 Overview

8.2 North America Land Survey Equipment Market, By Industry (2021 and 2028)

8.3 Mining

8.3.1 Overview

8.3.2 Mining: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

8.4 Construction

8.4.1 Overview

8.4.2 Construction: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

8.5 Agriculture

8.5.1 Overview

8.5.2 Agriculture: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

8.6 Oil and Gas

8.6.1 Overview

8.6.2 Oil and Gas: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

8.7 Others

8.7.1 Overview

8.7.2 Others: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

9. North America Land Survey Equipment Market Analysis – By Application

9.1 Overview

9.2 North America Land Survey Equipment Market, By Application (2021 and 2028)

9.3 Volumetric Calculations

9.3.1 Overview

9.3.2 Volumetric Calculations: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Inspection

9.4.1 Overview

9.4.2 Inspection: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Layout Points

9.5.1 Overview

9.5.2 Layout Points: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Monitoring

9.6.1 Overview

9.6.2 Monitoring: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Others

9.7.1 Overview

9.7.2 Others: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

10. North America Land Survey Equipment Market Analysis – By Hardware

10.1 Overview

10.2 North America Land Survey Equipment Market Breakdown, by Hardware, (2021 & 2028)

10.3 GNSS Systems

10.3.1 Overview

10.3.2 GNSS Systems: Land Survey Equipment Market Revenue and Forecast to 2028 (US$ Million)

10.4 Levels

10.4.1 Overview

10.4.2 Levels: Land Survey Equipment Market Revenue and Forecast to 2028 (US$ Million)

10.5 3D Laser Scanners

10.5.1 Overview

10.5.2 3D Laser Scanners: Land Survey Equipment Market Revenue and Forecast to 2028 (US$ Million)

10.6 Total Stations

10.6.1 Overview

10.6.2 Total Stations: Land Survey Equipment Market Revenue and Forecast to 2028 (US$ Million)

10.7 Theodolites

10.7.1 Overview

10.7.2 Theodolites: Land Survey Equipment Market Revenue and Forecast to 2028 (US$ Million)

10.8 Unmanned Aerial Vehicle

10.8.1 Overview

10.8.2 Unmanned Aerial Vehicle: Land Survey Equipment Market Revenue and Forecast to 2028 (US$ Million)

10.9 Machine Control Systems

10.9.1 Overview

10.9.2 Machine Control Systems: Land Survey Equipment Market Revenue and Forecast to 2028 (US$ Million)

10.10 Machine Guidance Systems

10.10.1 Overview

10.10.2 Machine Guidance Systems: Land Survey Equipment Market Revenue and Forecast to 2028 (US$ Million)

10.11 Others

10.11.1 Overview

10.11.2 Others: Land Survey Equipment Market Revenue and Forecast to 2028 (US$ Million)

11. North America Land Survey Equipment Market – Country Analysis

11.1 Overview

11.1.1 North America: Land Survey Equipment Market, by Key Country

11.1.1.1 US: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 US: Land Survey Equipment Market, by Solution

11.1.1.1.2 US: Land Survey Equipment Market, by Industry

11.1.1.1.3 US: Land Survey Equipment Market, by Application

11.1.1.1.4 US: Land Survey Equipment Market, by Hardware

11.1.1.2 Mexico: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Mexico: Land Survey Equipment Market, by Solution

11.1.1.2.2 Mexico: Land Survey Equipment Market, by Industry

11.1.1.2.3 Mexico: Land Survey Equipment Market, by Application

11.1.1.2.4 Mexico: Land Survey Equipment Market, by Hardware

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Merger and Acquisition

12.4 New Product Launch

13. Company Profile

13.1 Hexagon AB

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Shanghai Huace Navigation Technology Ltd.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 South Surveying & Mapping Technology CO., LTD.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Topcon Corporation

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Trimble Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Hi-Target

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 PENTAX Surveying

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Suzhou FOIF Co., Ltd.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Robert Bosch Tool Corporation

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

14. Appendix

14.1 About the Insight Partners

14.2 Word Index

LIST OF TABLES.

Table 1. North America Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. US: Land Survey Equipment Market, by Solution –Revenue and Forecast to 2028 (US$ Million)

Table 3. US: Land Survey Equipment Market, by Industry –Revenue and Forecast to 2028 (US$ Million)

Table 4. US: Land Survey Equipment Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Land Survey Equipment Market, by Hardware –Revenue and Forecast to 2028 (US$ Million)

Table 6. Mexico: Land Survey Equipment Market, by Solution – Revenue and Forecast to 2028 (US$ Million)

Table 7. Mexico: Land Survey Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 8. Mexico: Land Survey Equipment Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 9. Mexico: Land Survey Equipment Market, by Hardware – Revenue and Forecast to 2028 (US$ Million)

Table 10. List of Abbreviation

LIST OF FIGURES.

Figure 1. North America Land Survey Equipment Market Segmentation

Figure 2. North America Land Survey Equipment Market Segmentation – By Country

Figure 3. North America Land Survey Equipment Market Overview

Figure 4. North America Land Survey Equipment Market, By Solution

Figure 5. North America Land Survey Equipment Market, By Country

Figure 6. North America: PEST Analysis

Figure 7. Expert Opinion

Figure 8. North America Land Survey Equipment Market Impact Analysis of Drivers and Restraints

Figure 9. North America Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10. North America Land Survey Equipment Market, By Solution (2021 and 2028)

Figure 11. North America Hardware: Land survey equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 12. North America Software: Land survey equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. North America Services: Land survey equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. North America Land Survey Equipment Market Revenue Share, by Industry (2021 and 2028)

Figure 15. North America Mining: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 16. North America Construction: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 17. North America Agriculture: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 18. North America Oil and Gas: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 19. North America Others: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 20. North America Land Survey Equipment Market Revenue Share, by Application (2021 and 2028)

Figure 21. North America Volumetric Calculations: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. North America Inspection: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. North America Layout Points: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. North America Monitoring: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. North America Others: Land Survey Equipment Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 26. North America Land Survey Equipment Market Breakdown, by Hardware (2021 and 2028)

Figure 27. North America GNSS Systems: Land Survey Equipment Market Revenue and Forecast to 2028(US$ Million)

Figure 28. North America Levels: Land Survey Equipment Market Revenue and Forecast to 2028(US$ Million)

Figure 29. North America 3D Laser Scanners: Land Survey Equipment Market Revenue and Forecast to 2028(US$ Million)

Figure 30. North America Total Stations: Land Survey Equipment Market Revenue and Forecast to 2028(US$ Million)

Figure 31. North America Theodolites: Land Survey Equipment Market Revenue and Forecast to 2028(US$ Million)

Figure 32. North America Unmanned Aerial Vehicle: Land Survey Equipment Market Revenue and Forecast to 2028(US$ Million)

Figure 33. North America Machine Control Systems: Land Survey Equipment Market Revenue and Forecast to 2028(US$ Million)

Figure 34. North America Machine Guidance Systems: Land Survey Equipment Market Revenue and Forecast to 2028(US$ Million)

Figure 35. North America Others: Land Survey Equipment Market Revenue and Forecast to 2028(US$ Million)

Figure 36. North America: Land Survey Equipment Market, by Key Country – Revenue (2021) (US$ ‘Million)

Figure 37. North America: Land Survey Equipment Market Revenue Share, by Key Country (2021 and 2028)

Figure 38. US: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. Mexico: Land Survey Equipment Market – Revenue and Forecast to 2028 (US$ Million)

● Hexagon AB

● Hi-Target

● PENTAX Surveying

● Robert Bosch Tool Corporation

● Shanghai Huace Navigation Technology Ltd.

● South Surveying & Mapping Technology CO., LTD.

● Suzhou FOIF Co., Ltd.

● Topcon Corporation

● Trimble Inc.

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America land survey equipment market.

● Highlights key business priorities to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the North America land survey equipment market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the land survey equipment market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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