Survey Equipment Market Worth 6.91 Billion USD by 2021

Jun 22, 2016, 07:30 ET from MarketsandMarkets

PUNE, India, June 22, 2016 /PRNewswire/ --

According to a new market research report "Survey Equipment Market by End User (Land & Hydrographic), Type (Scanner & Lasers, Positioning, Acoustic, Total Station), Application (Bathymetry, Seabed Mapping, Oil & Gas, Cable Route, Charting, 3D Mapping), and Region - Global Forecast to 2021", published by MarketsandMarkets, The market is estimated to be USD 5.09 Billion in 2016 and is projected to reach USD 6.91 Billion by 2021, at a CAGR of 6.30% between 2016 and 2021.

     (Logo: )

Browse 120 market data Tables with 94 Figures spread through 218 Pages and in-depth TOC on "Survey Equipment Market".

Early buyers will receive 10% customization on this report. 

Boom in maritime commerce, increased demand of surveys for error-free nautical charts, coastal management and development, and increased infrastructure development and mining operations are driving the demand for survey equipment across the globe.

"Hydrographic survey equipment market to capture the largest share in the survey equipment market" 

Hydrographic survey equipment market has the largest share in the global survey equipment market in 2016. Offshore and coastal marine infrastructure development fields, such as ports, bridges, effluent disposal systems for major industries, and coastal thermal power plants that use sea water as a coolant are some of the major drivers for utilization of hydrographic and marine geophysical survey equipment that subsequently drive the overall hydrographic survey equipment market.

"Construction & civil application to hold a dominant share in the application segment of the survey equipment market" 

Construction & civil application in the application segment is driving the land survey equipment market as advanced construction techniques that were pioneered in offshore oil and gas construction, and in aerospace and defense, such as standardization and modularization, are becoming increasingly common in engineering and construction purposes.

"North America to dominate the survey equipment market" 

North America is estimated to capture the largest market share in the overall survey equipment market in 2016. The survey equipment market in APAC region is projected to grow at the highest CAGR during the forecast period. Major factors that are expected to drive the North American Survey Equipment Market include increased demand for 3D laser scanners, and robotic total station. Factors that are expected to drive the Asia-Pacific survey equipment market include the largest railway project in the pipeline that will require 3D laser scanners and total station.

Inquiry Before Buying:

In 2015, the key global players in the market were Thales S.A. (France), Trimble Navigation Ltd. (U.S.), Topcon Corporation (Japan), Fugro (Netherlands), and Hexagon AB (Sweden), among others. These companies adopted growth strategies such as new product launches, supply contracts, and business acquisition to capture the majority share in the survey equipment market.

Browse Related Reports 

Unmanned Underwater Vehicles (UUV) Market by Type (Remotely Operated Vehicle & Autonomous Underwater Vehicle), ROV & AUV Market by Application, by Product, by Propulsion System, by Payload & by Geography - Global Forecasts to 2020

Global Telemetry Market by Application (Healthcare, Telematics, Energy Utilities, Retail, Automation, Logistics, Oil & Gas, Aerospace & Defense, Agriculture, Wildlife, Hydrography, Oceanography), Technology (Wire Link, Wireless, Data Loggers), Sensors, Components, & Geography - Forecasts & Analysis (2014-2020)

About MarketsandMarkets  

MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: 1-888-600-6441

Visit MarketsandMarkets Blog

Connect with us on LinkedIn @

SOURCE MarketsandMarkets