South America Land Survey Equipment Market Forecast to 2028

South 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 : BMIRE00027693 | Region : LAMEA | Industry : Electronics and Semiconductor | Published Date : 20/Dec/2022

The SAM land survey equipment market is expected to grow from US$ 395.05 million in 2022 to US$ 556.36 million by 2028. It is estimated to grow at a CAGR of 5.9% from 2022 to 2028.

Increasing Growth of Industrial & Agriculture Sectors

The demand for products such as apparel, electronics, and other consumer durables is increasing, owing to the rising population and high disposable income. Further, the agriculture sector is witnessing tremendous growth in several countries. Peru’s agricultural exports increased from US$ 645 million in 2000 to US$ 7.8 billion in 2020. The country quadrupled its agricultural land to ~200,000 hectares due to increased agricultural exports. The rising growth of the industrial & agricultural sectors are generating more demand for land, which is subsequently increasing the sales of land survey equipment. Thus, such factors are driving the land survey equipment market growth.

Market Overview

The SAM land survey equipment market is bifurcated into Peru and the Rest of SAM. As per the data of LandLinks of 2014, Peru covers a total of 1.2 million km2 land area. Moreover, Peru has been registering a few of the largest rail projects in the region. In August 2021, Ivan Merino, the Minister of Energy and Mines of Peru, said in an interview with Reuters that the country is seeking help from mining companies Grupo Mexico’s Southern Copper and Las Bambas of China’s MMG Ltd. to construct a rail system from the Andean zone, which is rich in minerals, to the country’s Central Pacific coast. As the country is the world’s second-largest producer of copper, the Government of Peru wants to develop the mining sector with the help of this project. This project is scheduled to start by 2023 from Cusco or Apurimac to the port of Marcona and is expected to start operations by 2028. Further, due to increasing road traffic, the Government of Peru has decided to widen Route 22 Central Highway by constructing two-lane roads. This 136 km highway connects Lima, the capital of Peru, with Central Peru. Along with the Route 22 Central Highway, 94 viaducts and 54 new bridges and tunnels to avoid mountain tops will also be constructed. This project is scheduled to be completed by 2025. Such projects will increase the requirement for land survey equipment, which will boost the market growth in SAM.

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

SAM Land Survey Equipment Market Segmentation

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

Based on solution, the SAM 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 SAM 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 SAM 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 SAM 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 SAM land survey equipment market has been categorized into Peru and the Rest of SAM. Our regional analysis states that rest of SAM dominated the market share in 2022. GUANGDONG KOLIDA INSTRUMENT CO., LTD.; 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 SAM land survey equipment market.

At 5.9% CAGR, the SAM Land Survey Equipment Market is speculated to be worth US$ 556.36 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the SAM land survey equipment market was valued at US$ 395.05 million in 2022 and is expected to reach US$ 556.36 million by 2028, registering a CAGR of 5.9% from 2022 to 2028. Use of unmanned aerial vehicles (UAVs) and remote-control drones and increasing growth of industrial & agriculture sectors are the critical factors attributed to the market expansion.

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.

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

Based on solution, the SAM land survey equipment market is segmented into hardware, software, and services. The hardware segment held 51.2% market share in 2022, amassing US$ 202.41 million. It is projected to garner US$ 272.46 million by 2028 to expand at 5.1% CAGR during 2022–2028. Based on industry, the SAM land survey equipment market is segmented into mining, construction, agriculture, oil & gas, and others. The construction segment held 51.4% market share in 2022, amassing US$ 202.90 million. It is projected to garner US$ 276.09 million by 2028 to expand at 5.3% CAGR during 2022–2028. Based on application, the SAM land survey equipment market is segmented into volumetric calculations, inspection, layout points, monitoring, and others. The inspection segment held 34.3% market share in 2022, amassing US$ 135.38 million. It is projected to garner US$ 197.72 million by 2028 to expand at 6.5% CAGR during 2022–2028. Based on hardware, the SAM 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 25.4% market share in 2022, amassing US$ 51.47 million. It is projected to garner US$ 74.67 million by 2028 to expand at 6.4% CAGR during 2022–2028. Based on country, the SAM land survey equipment market has been categorized into Peru and the Rest of SAM. Our regional analysis states that rest of SAM captured 91.6% market share in 2022. It was assessed at US$ 361.82 million in 2022 and is likely to hit US$ 501.89 million by 2028, exhibiting a CAGR of 5.6% during the forecast period. Key players dominating the SAM land survey equipment market are GUANGDONG KOLIDA INSTRUMENT CO., LTD.; 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, 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. In 2022, Hexagon AB introduced the new Leica GS18 I which is equipped with the company’s calibration-free, tilt-compensating GNSS solution which immune to magnetic disturbances, plus the power of survey-grade visual positioning. Also, it enables the measurement of points from images. In addition, the solution can help the professionals to map areas that are difficult to reach physically, such as trenches, high power lines and busy roads, areas underneath bridges or canopies effortlessly from a distance.

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. SAM Land Survey Equipment Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM 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 – SAM Analysis

6.1 SAM Land Survey Equipment Market Overview

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

7. SAM Land survey equipment Market Analysis – By Solution

7.1 Overview

7.2 SAM 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. SAM Land Survey Equipment Market Analysis – By Industry

8.1 Overview

8.2 SAM 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. SAM Land Survey Equipment Market Analysis – By Application

9.1 Overview

9.2 SAM 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. SAM Land Survey Equipment Market Analysis – By Hardware

10.1 Overview

10.2 SAM 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. SAM Land Survey Equipment Market – Country Analysis

11.1 Overview

11.1.1 SAM: Land Survey Equipment Market, by Key Country

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

11.1.1.1.1 Peru: Land Survey Equipment Market, by Solution

11.1.1.1.2 Peru: Land Survey Equipment Market, by Industry

11.1.1.1.3 Peru: Land Survey Equipment Market, by Application

11.1.1.1.4 Peru: Land Survey Equipment Market, by Hardware

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

11.1.1.2.1 Rest of SAM: Land Survey Equipment Market, by Solution

11.1.1.2.2 Rest of SAM: Land Survey Equipment Market, by Industry

11.1.1.2.3 Rest of SAM: Land Survey Equipment Market, by Application

11.1.1.2.4 Rest of SAM: 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 GUANGDONG KOLIDA INSTRUMENT CO., 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 Shanghai Huace Navigation Technology 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 South Surveying & Mapping Technology CO., LTD.

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 Topcon Corporation

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 Trimble Inc.

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 Hi-Target

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 PENTAX Surveying

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 Suzhou FOIF Co., Ltd.

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

13.10 Robert Bosch Tool Corporation

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About the Insight Partners

14.2 Word Index

LIST OF TABLES.

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

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

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

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

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

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

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

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

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

Table 10. List of Abbreviation

LIST OF FIGURES.

Figure 1. SAM Land Survey Equipment Market Segmentation

Figure 2. SAM Land Survey Equipment Market Segmentation – By Country

Figure 3. SAM Land Survey Equipment Market Overview

Figure 4. SAM Land Survey Equipment Market, By Solution

Figure 5. SAM Land Survey Equipment Market, By Country

Figure 6. SAM: PEST Analysis

Figure 7. Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

● GUANGDONG KOLIDA INSTRUMENT CO., LTD.

● 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 SAM 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 SAM 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 SAM 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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