NEWS
Development of Smart Cities and increased drone usage worldwide to propel land survey equipment market
A ccording to Future Market Insights ( FMI ), the worldwide land survey equipment market is expected to reach US $ 7487.6 million in 2024 and US $ 15868.4 million by 2034 . The market is projected to rise at a CAGR of 7.8 % from 2024 to 2034 .
Increasing population , urbanisation , industrialisation , infrastructure development in developing nations , and ambitious plans for smart cities are factors fuelling 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 optimisation , ensuring regulatory compliance and
maximising energy production while minimising environmental impact .
Legal requirements and the need for accurate data for construction projects are set to drive the market . Consumer awareness of safety norms and the benefits of inspection and monitoring are further fuelling demand for land survey equipment .
Key takeaways from the land survey equipment market report :
• The land survey equipment industry is expected to reach a value of US $ 15868.4 million by 2034
• The market is projected to surge at a CAGR of 7.8 % by 2034
• Japan ’ s land survey equipment market is expected to grow at a CAGR of 3.3 % by 2034
• The United States is projected to surge at a CAGR of 4.4 % by 2034
• Based on the product , the GNSS system segment is expected to hold a market share of 31.3 % in 2024
“ The booming construction industry , government initiatives , and real estate reforms worldwide are driving demand for land survey equipment . Integration of technologies such as GNSS , 3D scanning and UAVs are projected to enhance accuracy and efficiency in the construction industry , fuelling sales of land survey equipment ,” said Nikhil Kaitwade Associate Vice President at FMI .
WeRide Robosweeper rolls into Singapore , facilitating smart sanitation of the ‘ Garden City ’
W eRide announced a partnership with Chye Thiam Maintenance ( CTM ), a renowned sanitation company in Singapore , to jointly advance the commercial deployment of WeRide Robosweepers in Singapore . The first batch of WeRide Robosweepers has successfully arrived in Singapore and begun safety testing , with official operations expected to commence by the end of 2024 .
Singapore has achieved remarkable results in urban sanitation , with tree-lined streets , numerous gardens , and a picturesque landscape , earning it the reputation of a ‘ Garden City .’ The partnership between WeRide and CTM will provide the latest cutting-edge technology and high-quality unmanned sanitation services for urban cleaning in Singapore in Singapore . It maintains long-term cooperative relationships with the Singapore government , entertainment and tourism industry , and is a leading pioneer in the field of sanitation in Singapore .
WeRide is a global leader in autonomous driving technology , conducting R & D , testing , and operations across 30 cities in seven countries worldwide . With a comprehensive range of mature , massively produced products and extensive commercialisation experience in smart sanitation , smart logistics and smart mobility , WeRide has established itself as an autonomous driving industry frontrunner . �
CTM is one of the largest cleaning and waste management companies
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