Rockville, MD -- (SBWIRE) -- 04/20/2018 -- The global market discussion on equipment system can be found in an upcoming report which is going to be published in the wide database of FactMR. The title of the study is "Land Survey Equipment System Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2027", and has been prepared through extensive secondary and primary research methodology. The primary objective of the report is to identify opportunities in the market and present updates as well as insights belong to various segments of the market.
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Land survey equipment is used for the purpose of performing horizontal and vertical measurements in reference to the grid system. The aim of the survey is to calculate distance, survey angle, direction, locations, areas and elevation. Growing construction, mining, oil & gas and agriculture industry is driving the demand of land survey equipment market. Moreover, advanced techniques adaptation, standardization and modularization in defense, construction, aerospace, oil & gas exploration is the preferred choice nowadays. These techniques result in completion of work on time along with reduced cost. This is fueling the demand of land survey equipment market all across the globe. Manufacturers are developing software with 3D and 4D applications. Key Market participants are focusing in developing advanced software model to enhance the productivity and accuracy of the land survey equipment.
Land Survey Equipment System Market: Dynamics
Industrialization and urbanization particularly in developing countries are estimated to boost the demand of Land survey equipment over the forthcoming period of 5 years. Growing economies like Asia Pacific and MEA are witnessing urbanization on huge scale which will consequently result in acceleration in the demand of transportation, residential area, construction and energy resources. This factor will fuel the demand of land survey equipment in these region over near future. To meet the demand of agro- based products of continuous growing population proper land is required to be surveyed and this is propelling the demand for land survey equipment in the global market.
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Mining and oil & gas industry is continuously growing to fulfill the demand of end-use industries. Furthermore, increasing demand for energy by various industries to fulfill the need for nuclear fuel, coal and petroleum is fueling the growth of mining industries in developed economies like North America & Europe. This in turn is driving the demand of land survey market over the forecast period. Deep water & unconventional exploration activities are trending in the global market and these are playing prominent role in propelling the demand of land survey equipment in the global market. Pipeline route survey method is used majorly oil & gas exploration region.
Activities such as oil drilling, oil extraction etc. is effecting the climatic conditions all across the globe. Highly populated areas & changing climatic condition due to the global warming resulting in soil erosion, pollution and coastal floods. All this has resulted in demand of land survey equipment for the management. Countries like China, Japan, Philippines and Bangladesh are natural disaster prone areas. They are vulnerable to storms, hurricanes, volcanoes, Tsunami, landslides etc. These regions are prone to use land survey equipment to get the exact location of the natural disaster. This is estimated to accelerate the demand of land survey equipment in these regions.
Land Survey Equipment System Market: Key Participants
Key market participants in the global Land Survey Equipment System market are Trimble Inc., Hi-Target Survey Instrument Co., Ltd., TOPCON CORPORATION, CHC-Navigation, Hexagon AB, Suzhou Foif Co Ltd, STONEX INC.
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