Land Survey Equipment Market to Reach $17.1 Billion, Globally, by 2032 at 5.6% CAGR: Allied Market Research
WILMINGTON, Del., Nov. 24, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Land Survey Equipment Market by Product (GNSS System, Total stations and Theodolites, Levels, 3D laser, UAV, Pipe Lasers, and Others), Industry (Construction, Oil and Gas, Agriculture, Mining, Disaster Management, and Others), and Application (Inspection and Monitoring, Volumetric Calculations, and Layout Points): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global land survey equipment market was valued at $9,995.40 million in 2022 and is estimated to reach $17,154.10 million by 2032, exhibiting a CAGR of 5.6% from 2023 to 2032.
- Such strategies adopted by the manufacturers are expected to boost the land survey equipment market during the forecast period.
- Therefore, an increase in demand for land survey equipment helps boost the market during the forecast period.
- Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for one-third of the global land survey equipment market revenue.
- Such strategies are anticipated to boost the land survey equipment market during the forecast period.