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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.

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Will Rising Government Investments in Construction Activities Impact Land Survey Equipment Sales Across the U.S., Belgium, France, Italy, Japan, Korea, the U.K., and 30+Countries? 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 projects are set to drive the market. Consumer awareness of safety norms and the benefits of inspection and monitoring are further fueling demand for land survey equipment.

Get The Sample Copy Of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-6805

Land survey equipment refers to a variety of tools used for inspection & monitoring, volumetric calculations, and layout points across industries such as construction, oil & gas, agriculture, and mining. These tools include GNSS, theodolite, laser scanning, UAV, level equipment, total station, and data collectors, among others.

Automation and robotics integration in land surveying offers efficiency but comes with high costs and complexities. Initial investment, maintenance, and specialized expertise are set to be costly for smaller companies. Continuous upgrades are also required for competitiveness. These challenges are particularly significant for smaller players and occasional users in the market.

Governments are investing a lot for achieving new infrastructure development initiatives and resuming older projects that had been postponed due to the pandemic. The principles of mathematics, geometry, and other sciences are used in association with land survey technology to locate, measure, and survey both natural and man-made terrestrial features. The elevation, angles, and property boundaries can all be measured by a land surveyor using a variety of equipment.

Key Takeaways from the Land Survey Equipment Market Report:

The land survey equipment industry is expected to reach a value of USD 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, fueling sales of land survey equipment.” Opines Nikhil Kaitwade Associate Vice President at Future Market Insights (FMI).

Which Factors Can Hinder the Land Survey Equipment Market?

“Growth in Land Survey Equipment Rental Services Hindering New Sales Potential”

Manufacturers of land survey equipment are focusing their efforts on research and development (R&D) activities to offer cutting-edge land survey equipment on the market. The land surveying equipment rental business has expanded during the last few years. Even if new development is advantageous in terms of use, new sales of land survey equipment are being prohibited as a consequence. Instead of buying new products, many consumers choose rental services for infrequent use.

Additionally, small-scale businesses across the world provide rental services, offering expensive but up-to-date products at reasonable costs. This enables clients to use upgraded land survey equipment without making a significant financial investment. This situation has the potential to significantly slow the market for land survey equipment.

“Intense Competition Negatively Affecting the Pricing Mechanism Amongst Market Participants.”

Growing demand for land survey equipment from end-use industries has an impact on manufacturers. This contributed to the R&D division of the land survey equipment industry placing a greater emphasis on new, cutting-edge, and creative technologies. The oil and gas industry, the construction industry (both government and private), mining, agriculture, and other end-use sectors are some examples of land survey equipment’s end-use industries.

The competition among manufacturers of land survey equipment is growing in almost every region of the world as a result of the growing globalization of enterprises. Additionally, as global brands enter the market, this competition is being further intensified. To establish their supremacy in the market, every manufacturer is engaged in competition with every other company. In the market for land survey equipment, some startup companies are also emphasizing sustainability.

This intensified competition has had a negative impact on pricing strategies. This is a significant problem for global manufacturers as they work to retain profit margins and grow sales as a result of the tougher competition that is forcing them to offer high-quality products at reduced rates.

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Competition Landscape:

Land survey equipment companies are leveraging strategies like product launches, partnerships, collaborations, acquisitions, and mergers to boost sales and gain a competitive edge in the global market.

The market is highly consolidated, with a few large-scale vendors dominating. Companies invest heavily in research and development to create new products and digital services. Key players in this sector include product expansion, mergers, and collaborations.

For instance,

In August 2023, Hexagon AB introduced Leica BLK2FLY Indoor, a new indoor scanning system for digital twin creation, offering exceptional autonomy and real-time spherical imaging with a 1.5-meter operational range.In March 2023, Stonex introduced the R180 Robotic Total Station, a fast, accurate Android robotic station with 180°/sec rotation speed and 1 mm + 1 ppm EDM accuracy, capable of ranging up to 1000m.

Leading Land Survey Equipment Brands

Trimble Inc.Hexagon ABTopcon CorporationAutodesk, Inc.FARO Technologies, Inc.Nikon CorporationGeospatial CorporationCHC NavigationSpectra Precision (Trimble)South Surveying & Mapping Instrument Co., Ltd.

Get More Valuable Insights:

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global land survey equipment market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.

The study incorporates compelling insights on the land survey equipment market based on product (GNSS system, total stations, and theodolites, levels, 3D laser, UAV, pipe lasers, and others), industry (construction, oil and gas, agriculture, mining, disaster management, and others), application (inspection and monitoring, volumetric calculations, and layout points), and region.

Report Preview: https://www.futuremarketinsights.com/reports/land-survey-equipment-market

About the Industrial Automation Division at Future Market Insights (FMI)

The Industrial Automation division of FMI offers extensive coverage and valuable insights about the automation industry, including areas such as robotics, artificial intelligence, machine learning, and process automation. Our market research findings and competitive intelligence help various industry stakeholders, including manufacturers, technology providers, distributors, and service providers, make informed decisions and stay updated with the latest market trends and developments.

Authored by:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Have a Look at Related Research Reports on Industrial Automation Domain:

The global industrial marking equipment market is valued at USD 18.4 billion as of 2022. The market is expected to grow at a CAGR of 5.3% during the period 2022-2032, and by 2032, the market is expected to reach a valuation of USD 30.84 billion.

The mining equipment in Latin America industry is projected to surge at a CAGR of 4.7% throughout the forecast period. By 2034, the industry size is set to reach USD 10,836.9 million.

The global industrial weighing equipment market reached USD 4,400.1 million in 2022. Over the forecast period, industrial weighing equipment demand is anticipated to rise at a 6.0% CAGR. The market is expected to increase from USD 4,622.0 million in 2023 to USD 8,242.7 million by 2033.

The overall demand for agricultural equipment market is projected to grow at a CAGR of 4.2% between 2023 and 2033, totaling around USD 171.4 million by 2033.

The worldwide material handling equipment market is expected to record a 4.5% CAGR between 2023 and 2033, reaching a valuation of USD 6,555.9 million.

The global water desalination equipment market is estimated to clock a revenue of USD 22,645.8 million by 2033. The market is expected to rise at a remarkable CAGR of 8.6% through 2033, with a present valuation of USD 9,924.1 million in 2023.

The overall market for compact power equipment rental is projected to expand at a significant CAGR of 6.4% between 2023 and 2033, totaling around USD 206,557.9 million by the end of 2033.

The security and surveillance equipment market is estimated to be valued at USD 19,549.8 million in 2024 and is projected to register a CAGR of 4.8% in the forecast period from 2024 to 2034. The market is projected to reach USD 31,243.2 million in 2034.

The global search and rescue equipment market size is estimated to reach USD 157 million by 2034 at a CAGR of 3.8%. The sector is expected to attain a value of USD 108.2 million in 2024.

The global compact construction equipment market is expected to register a CAGR of 3.8% from 2023 to 2033. Based on the compact construction equipment market analysis report by FMI, it can reach USD 325.4 billion by 2033.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Chemours Announces Dates for Third Quarter 2026 Earnings Release and Webcast Conference Call

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56 minutes ago

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October 21, 2026

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WILMINGTON, Del., Oct. 21, 2026 /PRNewswire/ — The Chemours Company (“Chemours” or “the Company”) (NYSE: CC) today announced that the Company expects to issue its third quarter 2026 financial results after market on Monday, November 2, 2026.

The Company expects to hold its conference call to discuss its third quarter 2026 financial results at 8:00 a.m. Eastern Standard Time on Tuesday, November 3, 2026. The call is open to the public and can be accessed via the webcast information below. The webcast and materials can be accessed by visiting the “Events and Presentations” section of the Investor Relations section of Chemours’ website at investors.chemours.com.

Conference Call: Please visit investors.chemours.com for a link to the live webcast and to view the accompanying slides.

Replay: A webcast replay will be available at investors.chemours.com.

About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn. 

CONTACTS:

INVESTORS
Brandon Ontjes
Vice President, Head of Strategy & Investor Relations
+1.302.773.3300 
investor@chemours.com 

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com  

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SOURCE The Chemours Company

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AGEDB Announces Preliminary Technical Evaluation of Graph Database and AI Data Platform Opportunities

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56 minutes ago

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October 21, 2026

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VANCOUVER, BC, Oct. 21, 2026 /CNW/ — AGEDB Technology Ltd. (TSXV: AGET) (“AGEDB” or the “Company”) announces that it is evaluating opportunities to re-engage in its historical graph database business area through preliminary architectural design and technical assessment of potential AI data platform applications, following its entry, on September 16, 2026, into a memorandum of understanding (the “MOU”) with a Korea-listed company exploring opportunities to enter the AI sector (the “Korean Company”).

The Company previously disclosed that it had discontinued its graph database management system operations during the year ended April 30, 2025 and was seeking new business opportunities. The Company is now assessing potential opportunities to leverage its existing Apache AGE-related technology and experience. These preliminary evaluations should not be interpreted as a resumption of full-scale development or commercial operations.

Under the MOU, AGEDB and the Korean Company contemplate evaluating an integrated package combining locally installed PostgreSQL and Apache AGE relationship-analysis database technology with an AI agent. The MOU also contemplates a separate “Personal AI Operating System” evaluation track, referred to as “AGE Brain,” for potential use in user-controlled computing environments. The proposed applications remain conceptual and subject to further technical and commercial assessment.

The contemplated preliminary work includes architectural design and technical evaluation of approaches to connecting relational data with graph-based relationships and supporting AI-assisted information retrieval and analysis. The parties may consider proof-of-concept testing and pilot activities, but no timeline or commitment to undertake such activities has been established under the MOU.

The MOU has a one-year term. Except for provisions expressly identified as binding, it is non-binding and does not require either party to complete development, launch or commercialize a product, make an investment, commit personnel, pay development fees, or enter into a definitive commercial agreement. Specific project scope, deliverables, schedules, responsibilities, costs and any commercialization terms remain subject to further discussions and, where applicable, separate written agreements. Each party will bear its own evaluation costs unless otherwise agreed in writing.

The Company’s evaluation remains preliminary. No product launch, commercial revenue or definitive commercialization arrangement has been agreed, and there can be no assurance that the parties will proceed with development, that the proposed platform will be completed or commercialized, or that the Company will obtain the resources required to advance the opportunity.

AGEDB may also explore potential collaborations with AI development companies in Korea and other markets, subject to available resources and further assessment.

AGEDB Technology Ltd.

On behalf of the board of directors,

“Jungsoo Kim”
CEO

About AGEDB Technology Ltd.

AGEDB Technology Ltd. is a technology company listed on the TSX Venture Exchange under the symbol “AGET.” The Company is focused on developing and pursuing opportunities in data intelligence, graph database technology and applied artificial intelligence.

Forward-Looking Information

This news release contains forward-looking information, including statements regarding the Company’s development activities, the proposed AI data platform, potential proof-of-concept and pilot activities, and possible future collaborations and commercialization. Forward-looking information is based on management’s current expectations and assumptions and is subject to risks and uncertainties that could cause actual results to differ materially. The memorandum of understanding is generally non-binding, and there can be no assurance that the parties will proceed with or complete any development, pilot, product launch or commercial arrangement, or that AGEDB will enter into additional collaborations. Readers are cautioned not to place undue reliance on forward-looking information. AGEDB undertakes no obligation to update such information except as required by applicable securities laws.

SOURCE AGEDB Technology Ltd.

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Bose Corporation Acquires Skullcandy, Expanding Its Consumer Audio Portfolio to Reach New Audiences

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October 21, 2026

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Acquisition follows a successful partnership between the two companies and advances Bose’s evolution into a multi-brand products and technology company

FRAMINGHAM, Mass. and PARK CITY, Utah, Oct. 21, 2026 /PRNewswire/ — Bose Corporation, a global leader in audio innovation and research, announced today it has acquired Skullcandy, a lifestyle audio brand known for its bold products that bring together sound, style and performance. Bose and Skullcandy have each spent decades finding new ways to bring people closer to the music they love. Together, they’ll combine Bose’s audio expertise, technology and global reach with Skullcandy’s design, understanding of its consumers and authentic community connections to create new products and experiences and accelerate growth.

The acquisition follows a multi-year partnership that has already brought Sound by Bose technology to Skullcandy earbuds and headphones. The companies have seen firsthand how their strengths can come together to create products consumers love while staying true to what makes Skullcandy special, providing a foundation to accelerate further collaboration and innovation.

With a strong position at the intersection of audio, lifestyle and culture, Skullcandy will remain a separate brand within Bose’s Premium Consumer Audio business. Skullcandy’s deep roots in boardsports, including longstanding relationships with passionate supporters of the culture and its athletes, and authentic connections across music, gaming, fitness and other communities present new ways for Bose to meaningfully connect with consumers where it has less presence today.

“For more than 60 years, Bose has been committed to delivering incredible audio experiences however and wherever people choose to listen. As we work to reach even more people, we’re expanding how we do that, not only through Bose products, but through technology partnerships and a growing portfolio of brands,” said Lila Snyder, Chief Executive Officer of Bose Corporation. “As a privately held company, we have the freedom to make bold, long-term investments in opportunities we believe in, and Skullcandy is a great example of that. They have an established, thriving brand, and together we see tremendous opportunity to create new products and experiences and reach more consumers around the world.”

“We believe this is a win for Skullcandy and our fans,” said Brian Garofalow, Chief Executive Officer of Skullcandy. “Skullcandy was born on a chairlift in Park City, Utah, over 20 years ago, and we’ve always believed great music should be part of the experiences people love. Joining Bose gives us the opportunity to make those experiences even better by bringing more of their audio expertise and technology to our products, and it opens up even more ways to take Skullcandy further.”

Bose plans to invest in Skullcandy’s continued growth, providing greater access to technology, resources, global distribution and commercial relationships while giving the brand the freedom to continue evolving in ways that are authentic to its identity and consumers. Skullcandy will continue to be based in Park City, Utah.

Bose acquired Skullcandy from a fund managed by Mill Road Capital Management LLC, a Connecticut-based private investment firm. Jones Day acted as Bose’s legal counsel. Additional information, including financial and other terms of the transaction, will remain confidential.

About Bose Corporation
Bose Corporation is a global leader in audio innovation, driven by a singular belief: sound has the power to transform the way people connect with the world. For more than 60 years, Bose has combined pioneering research, engineering excellence, and a deep understanding of human perception to create products and technologies that deliver extraordinary experiences. Through its portfolio of iconic brands, including Bose, McIntosh, Sonus faber, and Skullcandy, the company offers premium and luxury audio solutions for the home, on the go, and in the car. Bose also collaborates with leading companies across industries, extending its audio expertise and technologies into new products, platforms, and applications beyond its own brands. 

Guided by a relentless spirit of innovation and a passion for what sound makes possible, Bose continues to advance the science and art of sound while expanding its impact on everyday life. From music and entertainment to communication, wellness, and emerging applications, Bose is creating new ways for people around the world to feel more connected, inspired, and engaged through the power of sound.

About Skullcandy
Founded in 2003 on a chairlift in Park City, Utah, Skullcandy is the original lifestyle audio brand. With deep roots in action sports culture, Skullcandy creates headphones, earbuds, and speakers that deliver powerful sound, bold style, and immersive experiences. Designed to move with you—from the mountains to the streets—Skullcandy gear is built to perform and made to stand out. Learn more at www.Skullcandy.com.

Contact

Joanne Berthaume
Joanne_berthaume@bose.com

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SOURCE Bose Corporation

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