The survey equipment market is expected to grow at a CAGR of 6.49% from 2014 to 2020. This report includes a financial analysis of the key players in the market, historical market analysis, technology trends, market environment analysis, industry overview which includes supply chain analysis, value chain analysis and demand model for the market. It also includes the key drivers and restraints which affect the growth of the market, along with their impact.
Growth in infrastructure and mining, coastal zone management and development, increasing need for surveying services and increase in oil & gas exploration are some of the key factors fueling the growth of the survey equipment market. The growth of the market is hampered by international regulations and the high costs associated with carrying out hydro surveys.
Emerging ocean technology, new technologies which could reduce survey time, and potential for hydro survey in the Arctic region provide opportunities for the survey equipment market. Expensive tools of hydro survey, technological drawbacks, and environmental factors pose a challenge for the market.
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Expensive tools of hydro survey, technological drawbacks, and environmental factors pose a challenge for the market.
Emerging markets such as BRIC nations will provide huge opportunities for land and hydro survey equipment due to increased development of the region and increasing maritime commerce in this region. The key players in the survey equipment market include Kongsberg Gruppen, Thales Group, Teledyne Technologies, Inc., Valeport, Trimble Navigation Limited, Topcon Corporation, and Leica Geosystems.
This research report is consolidated business intelligence on the survey equipment market. It will help the land survey and hydro survey equipment industry and its stakeholders to identify hot revenue pockets in this market.
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