The global surveying equipment market to grow at a CAGR of 7% during the period 2017-2021.
Global Surveying Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
The latest trend gaining momentum in the market is emerging ocean technology. An industrial revolution is unfolding under the seas. Rapid progress in the development of robotics, artificial intelligence, low-cost sensors, satellite systems, big data, and genetics are opening whole new sectors of ocean use and research.
According to the report, one of the major drivers for this market is rapid urbanization in emerging economies. The world is undergoing a major wave of urban growth where more than half of the world's population live in towns and cities. Much of this urbanization is expected in Africa and Asia, bringing about huge social, economic, and environmental transformations.
Further, the report states that one of the major factors hindering the growth of this market is slowdown in Chinese economy. China's economic slowdown will impact globally in all types of industries because of two main reasons that include its increasing weight in world trade and rising share in total exports worldwide. Therefore, a significant slowdown in China's economy can give meaningful shocks to the global trade.
- Kongsberg Gruppen
Other prominent vendors
- Teledyne Technologies
- Faro Technologies
- Hexagon AB
- Seafloor Systems
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application type
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Market challenges
Part 10: Impact of drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/9jt99d/global_surveying