The global surveying and mapping market was valued nearly at $38 billion in 2018. Asia-Pacific is the largest market for surveying and mapping, accounting for almost 35% of the global market. The USA is the largest country in terms of value in the surveying and mapping market.
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.
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Surveying And Mapping Market Size
The global surveying and mapping market reached a value of nearly $38 billion in 2018, having grown at a growth rate of around 4% 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.
The global surveying and mapping market is highly fragmented, with a large number of small players. Players in the market include John Secom Group, Fugro N.V., AECOM, Stantec Inc., and Mott MacDonald Limited.
Secom Group was the largest competitor in the surveying and mapping market in 2018 with a around 1.19% market share. Secom Group provides diverse services such as security services, medical services, geographic information services, fire protection services, BPO and ICT services, insurance services and real estate development and sales. The company was established in 1962. It is headquartered in Tokyo, Japan.
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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
- o Asia Pacific
- o Eastern Europe
- o South America
- o Middle East
- o Africa
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