Title: Survey equipment market and Global Trend
1MarketsandMarkets Presents
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 The survey
equipment 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 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.
2Â 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. Sample pages of the
Report http//www.marketsandmarkets.com/requests
ample.asp?id261922059 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.
3 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. Report Information
http//www.marketsandmarkets.com/Market-Reports/
hydrographic-equipment-market-261922059.html 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.
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