Development of Smart Cities and Increased Drone Usage Worldwide to Propel Land Survey Equipment Market at 7.8% CAGR by 2034| Future Market Insights, Inc. [Yahoo! Finance]
StoneX Group Inc. (SNEX)
Company Research
Source: Yahoo! Finance
Find Out This with FMI's New Report! NEWARK, Del June 26, 2024 /PRNewswire/ -- According to Future Market Insights (FMI), the worldwide land survey equipment market is expected to reach USD 7487.6 million in 2024 and USD 15868.4 million by 2034. The market is projected to rise at a CAGR of 7.8% from 2024 to 2034. Increasing population, urbanization, industrialization, infrastructure development in developing nations, and ambitious plans for smart cities are factors fueling growth. Technology advancements like GNSS are essential for assessing locations and tracking construction activities, spurring demand. Land survey equipment is gaining traction in transportation networks, renewable energy projects, and site suitability assessment. This equipment aids in construction, grading, and site design optimization, ensuring regulatory compliance and maximizing energy production while minimizing environmental impact. Legal requirements and the need for accurate data for construction pr
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