
Published On: Dec 2022
Published On: Dec 2022
At 7.2% CAGR, the North America Land Survey Equipment Market is projected to be worth US$ 2,251.40 million by 2028, says Business Market Insights
According to Business Market Insights’ 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.
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.
Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com