MarketsandMarkets: The land survey equipment market is estimated to be USD 7.7 billion in 2021 and is projected to reach USD 9.9 billion by 2026, at a CAGR of 5.3% from 2021 to 2026. The market is driven by factors such as deployment of new & advanced land survey equipment like UAV based land survey equipment, multistations, total stations, machine control systems, etc.
Hexagon AB (Sweden), Trimble Inc. (US), Topcon (Japan), CHC-Navigation (China), Hi-Target (China), U-Blox Holdings AG (Switzerland), and Hudaco Industries (South Africa) are some of the leading companies in this market. The focus of these players is to provide rugged and reliable land survey equipment which can be used in various different defence & commercial applications. Their Research and Development (R&D) activities makes their hold on this market even stronger.
Hexagon AB: The company is a key manufacturer of land survey equipment. It has a strong global distribution network and a broad product portfolio with varied applications. The company focuses on delivering scalable and affordable systems that increase accuracy and ruggedness.
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Topcon: The company is focused on R&D of new technologies. It has developed high-tech land survey equipment and is a key supplier to Japan, European countries, and other Asia Pacific countries.
Trimble Inc.: It is one of the leading manufacturers and distributors of land survey equipment in North America. The company has a strong distribution network with its distributors present in Asia Pacific, North America, and Europe. It offers multiple solutions including a variety of land survey equipment.
CHC-Navigation: CHC Navigation is one of the dominant players in the land survey equipment market. The company intends to strengthen and expand its core businesses through targeted acquisitions and product developments. The company mostly develops products for the construction industry of China.
Hi-Target: It became one of the top players in the land survey equipment market in recent years. It is also an innovator in hardened electronic technologies used in surveying applications.
Land Survey Equipment Market by Application, Solution (Hardware, Software, and Services), End User (Commercial, Defense, Service Providers), Industry, and Region (North America, Europe, Asia Pacific, MEA and Latin America) - Forecast to 2026
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