DUBLIN--(BUSINESS WIRE)--The "Surveying and Mapping Services - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Surveying and Mapping Services estimated at US$32 Billion in the year 2020, is projected to reach a revised size of US$39.1 Billion by 2026, growing at a CAGR of 3.4% over the analysis period.
Hydrographic Surveying, one of the segments analyzed in the report, is projected to grow at a 3% CAGR to reach US$14.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cadastral Surveying segment is readjusted to a revised 3.3% CAGR for the next 7-year period. This segment currently accounts for a 29.6% share of the global Surveying and Mapping Services market.
The U.S. Market is Estimated at $7.9 Billion in 2021, While China is Forecast to Reach $6.2 Billion by 2026
The Surveying and Mapping Services market in the U.S. is estimated at US$7.9 Billion in the year 2021. The country currently accounts for a 24.51% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$6.2 Billion in the year 2026 trailing a CAGR of 4.6% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR while Rest of European market (as defined in the study) will reach US$6.6 Billion by the end of the analysis period.
Land surveying services will continue to register strong growth due to growing adoption of aerial surveying services, cartographic surveying services, and geodetic surveying services, among others. In the coming years, investments in drones and UAVs and in technologies such as 3D laser scanning and cloud technologies are likely to rise.
Select Competitors (Total 77 Featured) -
- 40Seven Ltd.
- AECOM
- African Consulting Surveyors
- Alwarqa Survey Engineering
- American Surveying Inc.
- Apex Surveys, LLP
- Asia-Pacific Surveys Ltd.
- Blanchard Land Surveying
- Blom International Operations
- Cardno Limited
- Compass Surveying & Mapping, LLC
- Dynamic Map Platform Co., Ltd.
- Engemap
- Fugro N.V.
- Landpoint, LLC
- Mott MacDonald
- Multivista Systems LLC
- Stantec Inc.
- Surveying And Mapping, LLC
- Timmons Group, Inc.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 Pandemic and a Looming Global Recession
- 2020 Marked as a Year of Disruption & Transformation
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Surveying Industry Struggles Amidst the COVID-19 Pandemic
- Communication Technologies Facilitate Surveying Activities Amidst the Pandemic
- GIS Technology Enables Mapping of COVID-19 Outbreak
- Surveying and Mapping Services - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- An Introduction to Surveying & Mapping Services
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Construction Industry Trends Determine Need for Surveying & Mapping Services
- Global Construction Industry YoY Growth (in %) for 2019-2025
- Oil & Gas Industry Activities Influence Demand for Surveying and Mapping Services
- Technologies Used for Surveying in Oil & Gas Industry
- Oil & Gas Sector Confronts Challenging Times Amidst COVID-19 Pandemic, Affecting Surveying and Mapping Services Market
- Global Oil & Gas E&P Industry Spending (in US$ Billion) for 2015-2021E
- Tremendous Value of Surveying and Mapping Services for Smart City Initiatives
- Global Smart Cities by Geographic Region: Annual Sales in US$ Billion for Years 2020 and 2027
- Land Surveying Services: Innovative Technologies Influence Market Growth
- Land Surveyor Roles Poised to Change in the Future
- Rising Use of GPS/GNSS Systems for Land Surveying and Mapping Applications
- Inclination towards GIS Presents Opportunities for GNSS
- GNSS Emerges as Viable Tool for Georeferencing
- High-Precision Receivers Elevate Performance of GPS
- 3D Technology Emerges as a Promising Technology for Land Surveying
- Growing Use of Unmanned Aerial Vehicles and Drones for Surveying Purposes
- Global Civil Drone Market Size (in US$ Billion) for the Years 2019, 2022 and 2025
- COVID-19 Gives Impetus to Drone Surveying
- Opportunities & Issues for UAV Technology in Surveying
- UAV Technology to Enable Creation of Customized 3D Maps
- Microdrones Bring New Capabilities to Surveying Market
- Artificial Intelligence (AI) to Revolutionize the Surveying Industry
- Cloud Technology Transforms Surveying and Mapping Services
- Data Storage in the Cloud
- 5G Network Technology to Ensure Faster & Better Access and Improved Accuracy for Surveyors
- Breakdown of Network Latency (in Milliseconds) by Network Type
- 5G Smartphone Sales in Million Units: 2019-2022
- Popular Mapping and Surveying Technologies: An Overview
- Aerial Mapping
- Ground-Based Surveying
- Technology Trends Disrupting the Surveying Market
- Growing Use of LiDAR Technology in Surveying Industry
- Technological Trends Driving Growth in the Surveying and Mapping Services Market
- Climate Change and Focus on Sustainable Development Drives Need for Spatial Planning and Cadastral Management
- World Urban Population in Thousands: 1950-2050P
- Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/l5z1g7
