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The global geodetic measuring devices market is experiencing significant growth and is expected to grow considerably in the next few years. Geodetic measuring device is a mechanical, optical, and radio-electronic apparatus that is used for the measurement of the lengths, angles, and elevations of a large area, thereby performing its survey. In addition, geospatial survey uses different techniques which require different types of geodetic measuring devices such as total stations, levels, and InSAR. A total station is used for goniometric measurements along with measuring lengths, while the levels are used for setting horizontal levels. On the contrary, Interferometric Synthetic Aperture Radar (InSAR) devices are advanced and use modern techniques, they map the ground by using images from orbiting satellites. Geodetic measuring devices are extensively used in industries such as infrastructure, construction, and mining.
Moreover, geodetic measuring devices are very common in geological surveying institutes. Furthermore, leading players in the geodetic measuring devices market offer a variety of product sizes and use innovative technologies to improve the efficiency and accuracy of their products in order to stay competitive.
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Market Scope and Structure Analysis
Description
Geodetic measuring devices are used for measuring geospatial points in one, two, or three dimensions. These devices determine the precise and exact position of these points on the earth's surface while taking into account the shape, size, and curvature of the earth. This is done with the help of three major types of geodetic devices known as total stations, levels, and global navigation satellite system receivers.
COVID-19 Impact Analysis
Top Impacting Factors
Increase in private-public partnerships (PPPs) to promote infrastructural development is one of the important driving factors for the geodetic measuring devices market. PPPs have been implemented in various countries, such as South Korea and India. The boost in PPPs and surged investments through private channels can assist in boosting the infrastructure industry, thereby driving the demand and growth of the geodetic measuring devices market. Moreover, the increasing urbanization owing to the increasing disposable income of the public in general is causing a rise in the construction industry. This is estimated to boost the geodetic measuring devices market. However, the dearth of skilled professionals for efficient operation of geodetic measuring devices is one of the restraining factors hindering the growth of the geodetic measuring devices market. In contrast, technological advancements in geodetic measuring device products such as automatic operation, artificial intelligence (AI), cutting-edge sensors, and others can not only increase equipment efficiency but also result in higher accuracy of geodetic measuring devices. This is anticipated to create lucrative opportunities for the growth of the geodetic measuring devices market during the forecast period.
Market Trends
Key Benefits of the Report
Geodetic Measuring Devices Market Report Highlights
Aspects | Details |
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By Product Type |
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By End-user Industry |
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By Region |
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Key Market Players | Janus Measurement Ltd, Sokkia, Applanix Corporation, Carlson Software, Hexagon, Trimble, Faro Technologies, Riegl, Topcon, Leica Geosystems |
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