Surveying And Mapping Market Definition
The surveying and mapping market consists of sales of surveying and mapping services by entities that provide surveying and mapping services. Surveying and mapping involve measurement of the earth’s surface including the sea floor, layout and measurement of project facilities, and preparation of maps.
Surveying And Mapping Market Size
The global surveying and mapping market reached a value of nearly $38.1 billion in 2018, having grown at a compound annual growth rate (CAGR) of 3.9% since 2014.
Growth in the historic period resulted from the growth in the global construction industry and the rise in oil and gas industry activities. Factors that negatively affected growth in the historic period were shortages of skilled surveyors and the rise in competition in the market.
Going forward, faster economic growth, technological advances in autonomous vehicles, and increasing demand for environmental surveying will drive growth. Factors that could hinder the growth of this market in the future include the increasing financial costs and rising security concerns.
Surveying And Mapping Market Drivers
The Key driver of the surveying and mapping market include:
Technological Advances In Autonomous Vehicles — The demand for surveying and mapping services in the forecast period is expected to increase due to rapid technological advances in the manufacturing of autonomous vehicles. Surveying and mapping services could play a significant role in the future of driverless and autonomous vehicles. For instance, in January 2018, Baidu Inc., a Chinese internet services company, announced its collaboration with TomTom NV, a Dutch mapping company, to provide integrated high-definition maps into its Apollo autonomous-vehicle software. To advance the technology of autonomous vehicles Baidu Inc. partnered with almost 90 companies, including manufacturers of automobiles, chip sets, and components. Following this trend, surveying and mapping companies are expected to increase the use of sensors such as light detection and ranging (LiDAR) and radio detection and ranging (RADAR) along with three-dimensional maps and cameras for advanced mapping services for driverless cars. The development of autonomous vehicles during 2018-2022 is expected to boost the demand for surveying and mapping services to enhance the navigation facility of driverless cars.
Surveying And Mapping Market Restraints
The key restraints on the surveying and mapping market include:
Shortages Of Skilled Surveyors — The surveying and mapping market in the historic period was negatively affected by the shortages of skilled workforce. For instance, in 2015, Australia had a surveyor workforce of 2,476 surveyors, when the demand was for more than 3,033 surveyors. It was also found that fewer younger people were opting for this profession in recent times. According to the US Bureau of Labor Statistics, in 2016, only 13.8% of the total workforce of surveyors, cartographers and photogrammetrists were under the age of 34. During 2014-2018, the growth of the surveying and mapping market was hampered by the shortages of skilled workforce due to low awareness of the profession among the population.
Surveying And Mapping Market Trends
Major trends influencing the surveying and mapping market include:
Laser Scanning & Modeling - Companies are increasingly adopting 3D laser scanning technology to reduce the overall risks and project costs involved in surveying and mapping. 3D laser scanning is a non-contact, non-destructive technology that digitally captures the shape of physical objects using a line of laser light. The scanners capture the exact shape and size of the physical object as a 3-dimensional representation in the digital world. Adoption rate of this technology has been significantly rising due to its enhanced performance of site analysis in terms of visibility, accuracy in spatial reconstruction, and higher precision of data. According to a survey conducted by Point of Beginning (POB), a multi-faceted civil engineering, land surveying, landscape architecture, and materials testing firm, in 2016, around 37% of respondents were reported to be using 3D laser scanning technology in their land surveying firms, which was double the number of businesses using these 3D tools in 2015.
End-To-End Data Systems - Companies in the surveying and mapping market are increasingly offering simple, flexible, and robust end-to-end data solutions to the customers. The threat of security breach of cloud-based data is increasing the demand for end-to-end data solutions. GGoing forward, surveyors are expected to adapt end-to-end data systems for the growing amount of detailed data from advanced 3D and BIM technologies. Surveying and mapping companies are expected to significantly increase investments in secured and flexible data systems.
Opportunities And Recommendations In The Surveying And Mapping Market
Opportunities – The top opportunities in the global surveying and mapping market will arise in the topographic surveying segment which will gain $3.23 billion of global annual sales by 2022. The surveying and mapping market size will gain the most in China at $3.54 billion. Market-trend-based strategies for the surveying and mapping market include investments in unmanned aerial vehicles and drones, and the adoption of latest technological advances such as cloud technologies and 3D laser scanning technology. Player-adopted strategies in the surveying and mapping industry include partnerships with technological companies to acquire innovative technology to generate high precision data, increases in business activities in the non-oil and gas industries, and acquisition and development of innovative technologies for better surveying and mapping results.
Recommendations – To take advantage of the opportunities, The Business Research Company recommends the surveying and mapping companies to consider adopting technological advances such as unmanned aerial vehicles (UAVs), cloud computing technologies and 3D laser scanning, focusing on expanding through collaborations, and focusing on environmental groups, among other strategies.
Surveying And Mapping Market Segmentation
The surveying and mapping market is segmented by type of service and by geography.
By Service Type-
The surveying and mapping market can be segmented by service type into
- a) Hydrographic Surveying
- b) Cadastral Surveying
- c) Topographic Surveying
- d) Other Land Surveying Services
Other land surveying services had the highest growth rate of nearly 5.7% during the historic period. The fastest growth in the historic period can be attributed to the increasing use of land surveying services such as geospatial mapping services, geographic information system (GIS) base mapping services, geodetic surveying services, construction surveying services, cartographic surveying services, and aerial surveying services in the rapidly growing construction industries globally.
By Geography- The surveying and mapping market is segmented into
- o North America
- o Western Europe
- UK
- Germany
- France
- Spain
- Italy
- o Asia Pacific
- China
- Japan
- India
- Australia
- o Eastern Europe
- o South America
- o Middle East
- o Africa
Asia-Pacific is the largest market for surveying and mapping, accounting for almost 35.2% of the global market. It was followed by North America, Western Europe and then the other regions. Going forward, Africa and the Middle East will be the fastest growing regions in this market.
Surveying And Mapping Competitive Landscape
Major Competitors are:
- • Secom Group
- • Fugro N.V.
- • AECOM
- • Stantec Inc.
- • Mott MacDonald
Other Competitors Include:
- • Surveying And Mapping LLC. ( SAM)
- • Quantum Spatial, Inc.
- • Timmons Group
- • Landpoint, LLC
- • Cardno Limited
- • 40SEVEN
- • Aerodata International Surveys
- • African Consulting Surveyors
- • Alwarqa Survey Engineering
- • American Surveying and Mapping INC
- • American Surveying INC
- • Apex Surveys
- • Asia-Pacific Surveys
- • Bayanat for Mapping and Surveying Services
- • Blanchard Land Surveying
- • Blom Romania
- • China Siwei Surveying & Mapping Technology Co Ltd
- • China Siwei Surveying & Mapping Technology Co., Ltd.
- • China Trans Geomatics Co Ltd
- • Compass Surveying and Mapping LLC
- • Digmap Geosystems Limited
- • Dynamic Map Platform Co Ltd
- • Enaar Surveyors Pvt Ltd
- • Engemap
- • Geograph
- • Geomaps Geoinformation Services
- • Guangzoh Jiantong Surveying Mapping and Geoinformation Technology
- • Hinter Land Surveying and Geomatics INC
- • Infycons Creative Software Pvt Ltd
- • JD Barnes Limited
- • JVR Land Surveys
- • Kirchhoff Surveyors
- • KP Geo
- • Mapsurveys Ltd
- • McElhanney
- • Middle East Survey Engineering
- • MK Surveys
- • Murphy Surveys
- • Nplus Solutions
- • Orbital Africa
- • Pasco Corporation
- • Prashant Surveys
- • Precision Surveys
- • Premier
- • Promap
- • Ramani
- • RPS Group Plc
- • RusSurvey
- • SAM LLC
- • Secon Pvt Ltd
- • Southern Mapping Company
- • SURCO Ltd
- • Terravision
- • Tokyo Cartographic
- • Tokyo Cartographic Co Ltd
- • UPG Surveying
- • Zenrin Co Ltd