Land Survey Equipment Market Size, Share & Industry 2023

The global land survey equipment market size was valued at USD 7,543.2 million in 2022 and is poised to grow at a significant CAGR of 6.3% during the forecast period 2023-29. The primary factors that drive the market are the requirement for contemporary land survey equipment and the advantages of electronic devices in leading land surveys. The global land survey equipment market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share. In November 2021, Cansel and AllTerra Central acquired Allen Instruments & Supplies to expand their business.