
Middle East & Africa Land Survey Equipment Market
No. of Pages: 167 | Report Code: BMIRE00027687 | Category: Electronics and Semiconductor
No. of Pages: 167 | Report Code: BMIRE00027687 | Category: Electronics and Semiconductor
Use of Unmanned Aerial Vehicles (UAVs) and Remote-Control Drones
The use of unmanned aerial vehicles (UAVs) and remote-control drones is increasing in the mapping and surveying professions. These technologies have many potential applications within several sectors related to land surveys, agriculture, and environmental monitoring. With the help of drones and UAVs, surveyors can get their data precisely and quickly. UAVs and drones are safer as it eliminates the requirement of manpower to enter dangerous environments for measurements. With the help of these technologies, surveyors can access areas that are inaccessible to humans. UAVs combines photogrammetry, 3D mapping, land surveys, topographic surveying, etc. However, legal permission must be taken from the respective authority before using UAVs and drones by the surveyors. There are a few challenges associated with using drones and UAVs for a survey, such as pilot training for the operator and its assessment, keeping up with regulations for the operation, and providing professional output to the customer. If surveyors overcome these challenges, the use of UAVs and drones is expected to become a trend in the land survey equipment market across the region.
Market Overview
Based on country, the Middle East & Africa land survey equipment market is segmented into Saudi Arabia, the UAE, Egypt, and the Rest of the Middle East & Africa. The region has a large mining industry, wherein Saudi Arabia has the largest landmass for mining. According to the Yahia AlShangiti, CEO of AMAK, the mining sector of Saudi Arabia could add US$ 64 billion (SR240 billion) to its GDP by 2030. In addition, under the Saudi Vision 2030 development plan, the mining industry is positioned as the third pillar of its economic development, after energy and petrochemicals. Thus, the growth in the mining industry is projected to boost the growth of the land survey equipment market in the region over the forecast period. Middle East's oil and gas sector contributes largely to its economy. The UAE is one of the world's top 10 largest oil producers. About 96% of the country's oil reserves are in Abu Dhabi, thus, ranking the city at number 6 worldwide. The country produces around 3.2 million barrels of petroleum and liquids per day. The oil and gas industry contributes around 30% of the UAE's GDP and 13% of its exports. According to the International Trade Administration, the US Department of Commerce, Abu Dhabi National Oil Company (ADNOC), a global leader in the oil and gas industry, is expected to reach 5 million barrels of maximum sustainable production capacity by 2030. These factors are likely to fuel the growth of the land survey equipment market in the Middle East during the projection period. The Africa land survey equipment market is segmented into South Mauritius, Seychelles, and the Rest of Africa. The regional market's growth is attributed to the expanding agriculture sector in Africa. Around 60% of the sub-Saharan African population works in the agriculture sector, contributing to 23% of the region's GDP. Also, the governments of African countries are working on various plans to develop the agriculture sector. Under the Comprehensive African Agricultural Development Programme (CAADP), the governments are expected to increase their agricultural investment over the forecast period. They are expecting to allocate 10% of national budgets to agriculture and rural development in coming years. Thus, this investment is expected to achieve at least 6% agricultural growth per annum. Thus, the rising investment for development in the agriculture sector will boost the land survey equipment market in Africa during the projection period. In addition, the region has a large oil and gas industry which is growing continuously. The African continent is fifth among the top thirty oil-producing nations in the world. African countries, such as Nigeria, Angola, Algeria, Libya, and others, accounted for approximately 8 million barrels per day, around 10% of global output. In addition, the region produces around 7% of the world's gas and consists of around 2400 hydrocarbon deposits. Thus, the growing agriculture and oil and gas industry will propel the region's land survey equipment market in the years to come.
Strategic insights for the Middle East & Africa Land Survey Equipment provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Land Survey Equipment refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Land Survey Equipment Strategic Insights
Middle East & Africa Land Survey Equipment Report Scope
Report Attribute
Details
Market size in 2022
US$ 677.13 Million
Market Size by 2028
US$ 1,032.76 Million
Global CAGR (2022 - 2028)
7.3%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Solution
By Industry
By Application
By Hardware
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Land Survey Equipment Regional Insights
MEA Land Survey Equipment Market Segmentation
The MEA land survey equipment market is segmented based on solution, industry, application, hardware, and country.
GUANGDONG KOLIDA INSTRUMENT CO., LTD.; Hexagon AB; Hi-Target; PENTAX Surveying; Robert Bosch Tool Corporation; Shanghai Huace Navigation Technology Ltd.; South Surveying & Mapping Technology CO., LTD.; Suzhou FOIF Co., Ltd.; Topcon Corporation; and Trimble Inc. are the leading companies operating in the MEA land survey equipment market.
The Middle East & Africa Land Survey Equipment Market is valued at US$ 677.13 Million in 2022, it is projected to reach US$ 1,032.76 Million by 2028.
As per our report Middle East & Africa Land Survey Equipment Market, the market size is valued at US$ 677.13 Million in 2022, projecting it to reach US$ 1,032.76 Million by 2028. This translates to a CAGR of approximately 7.3% during the forecast period.
The Middle East & Africa Land Survey Equipment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Land Survey Equipment Market report:
The Middle East & Africa Land Survey Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Land Survey Equipment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Land Survey Equipment Market value chain can benefit from the information contained in a comprehensive market report.