Technology

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.

Published

2 years ago

June 26, 2024

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.

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Technology

Accord Specialty Pharmacy Named Finalist in MMIT’s 11th Annual Retail Specialty Pharmacy Patient Choice Awards

Published

16 minutes ago

April 23, 2026

ORLANDO, Fla., April 23, 2026 /PRNewswire/ — Accord Specialty Pharmacy, an independent specialty pharmacy serving patients across multiple states, has been named a finalist in the MMIT Patient Choice Awards, a recognition based on patient-reported satisfaction and experience.

Accord was selected as the only independent pharmacy among finalists in its category, alongside national pharmacy organizations such as Walgreens Specialty Pharmacy and Walmart Specialty Pharmacy. This distinction highlights the company’s commitment to delivering personalized, high-touch care for patients managing complex and chronic conditions.

The MMIT Patient Choice Awards recognize specialty pharmacies that demonstrate excellence in patient satisfaction, service quality, and overall care experience. Finalists are determined based on direct patient feedback, making the recognition a meaningful reflection of the trust patients place in their pharmacy providers.

“Being recognized alongside national organizations and as the only independent finalist validates our belief that personalized, patient-centered care drives better outcomes. We are building a model that combines clinical depth, national reach, and operational flexibility to better serve patients, providers, and partners.” said AJ Patel, Founder and Pharmacy Manager of Accord Specialty Pharmacy.

Accord Specialty Pharmacy supports patients across complex specialty categories, including oncology, rare disease, and infusion, through a clinically driven, high-touch care model designed to improve access, adherence, and outcomes. The company’s approach emphasizes personalized support, responsive care coordination, and strong clinical engagement to help patients navigate complex therapies more effectively. With a growing national footprint and multi-state licensure, Accord is positioned to support patients, providers, and partners across diverse markets.

For more information, visit MMIT Announces Finalists of the 11th Specialty Pharmacy Patient Choice Awards – MMITNetwork.

About Accord Specialty Pharmacy:

Accord Specialty Pharmacy is an ACHC-accredited, multi-state licensed independent specialty pharmacy located in Central Florida, dedicated to delivering high-quality, patient-centered care for individuals managing complex and chronic conditions. Through personalized support, clinical expertise, and a high-touch approach, Accord helps patients navigate every step of their treatment journey. Learn more at www.accordspecialty.com.

CONTACT: contact@accordspecialty.com

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SOURCE Accord Specialty

Technology

HAIVISION ANNOUNCES VOTING RESULTS FROM 2026 ANNUAL MEETING OF SHAREHOLDERS

Published

16 minutes ago

April 23, 2026

MONTRÉAL, April 23, 2026 /CNW/ – Haivision Systems Inc. (“Haivision” or the “Company”) (TSX: HAI) is pleased to announce the voting results from its annual meeting of shareholders held today in a virtual format.

A total of approximately 45.97 % of the issued and outstanding common shares of Haivision were represented at the meeting.

Election of Directors

Each of the six nominated directors of Haivision was elected as director of the Company with the following results:

Director

Votes
For

% Votes
For

Votes
Against

% Votes
Against

Miroslav Wicha

11,110,245

99.26 %

82,583

0.74 %

Harvey Bienenstock

11,155,137

99.66 %

37,691

0.34 %

Robin M. Rush

11,121,855

99.37 %

70,973

0.63 %

Neil Hindle

10,794,005

96.44 %

398,823

3.56 %

Julie Tremblay

10,941,969

97.76 %

250,859

2.24 %

Lee K. Levy II

9,084,418

81.16 %

2,108,410

18.84 %

2. Appointment of Auditors

Deloitte LLP were reappointed auditors of the Company for the ensuing year with 12,492,582 (98.84%) votes cast in favour and 146,406 (1.16%) votes withheld.

3. Approval of the Unallocated Awards under the Company’s Equity Incentive Plan

The Company’s unallocated awards were approved with 8,710,347 (77.82%) votes cast in favour and 2,482,481 (22.18%) votes cast against.

4. Reapproval of Company’s Shareholder Rights Plan

The Company’s shareholder rights plan was approved with 10,572,490 (94.46%) votes cast in favour and 620,338 (5.54%) votes cast against.

Final voting results on all matters voted on at the meeting will be filed under Haivision’s profile on SEDAR+ at www.sedarplus.ca.

About Haivision

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. Learn more at haivision.com.

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SOURCE Haivision Systems Inc.

Technology

Noritz upgrades EZ Pro Series of tankless water heaters with larger, multi-function panel display for faster installation and servicing

Published

16 minutes ago

April 23, 2026

Improved, fully integrated diagnostic interface eliminates the need for a separate remote controller, providing key system status data and enhanced digital controls to ease startup, operation, and maintenance for pro installers and service techs.

FOUNTAIN VALLEY, Calif., April 23, 2026 /PRNewswire/ — Noritz America, an international leader in tankless and electric heat pump water heaters and high-efficiency combination boilers, has further enhanced its EZ Series Pro line of residential condensing tankless water heaters by expanding both the size and the functionality of the units’ built-in control panel, whose user-friendly digital interface is mounted prominently on the front exterior.

Providing upgraded monitoring and diagnostic capabilities, the multi-function panel display allows professional installers to view system status, temperature settings, service reminders, maintenance data, error codes, error history, and (if applicable) recirculation timing settings. All of this vital information is built in and readily accessible on the water heater. Besides eliminating the need for a separate, external remote controller, the panel enables guided setup during installation and faster, more effective troubleshooting.

In addition, installers and users can monitor and program the unit remotely via Bluetooth® connectivity that works alongside the panel, using the EZ Start Plus app on their smartphones. A separate external remote is optional.

“The intent of our upgrade efforts was to create a more satisfying user experience for both the professional and the consumer,” says Noritz Executive Vice President and General Manager Jason Fleming. “We focused on simplified installation, advanced diagnostics, and giving professionals and their customers easier, more responsive control of the water heater.”

Essential Features of the Multi-Function Panel

Below are the main features and capabilities of the upgraded, built-in, multi-function panel and related control system:

Digital temperature control: Professional installers and service technicians will find it easier to use the enlarged panel to set the output water temperature to 100° – 140° Fahrenheit. Temperature settings are available in increments as small as 5°F.

Key benefits: More precise temperature control for professionals and, as a result, safer, more consistent hot-water delivery for end users.

Integrated Bluetooth connectivity; no more dip switches: The EZ Start Plus app enables installers and service techs to perform system setup, adjust the temperature, run diagnostics and share this information electronically with Noritz Technical Support. Installers can even register the water heater to qualify for the accompanying warranty.

Key benefits: Simplified startups mean faster installs, minimizing the manual programming that installers previously had to perform. Smartphone-based control and troubleshooting eliminate the need for old-style manual adjustment of physical dip switches.

Improved service access: Even the physical design of the EZ Series Pro has been reengineered to work more effectively with the newly enhanced multi-function panel.

Key benefits: The latched, snap-lock front cover enables quicker access to components for easier maintenance and servicing.

Industry-Best Warranty

The upgraded EZ Series Pro continues to include three models, all with a Uniform Energy Factor of 0.98, the highest efficiency rating in the tankless water heater industry:

EZ71: input range — 12,800 to 160,000 BTU/hour; flow rate — 0.4 to 9.0 gallons per minute; turndown ratio — 12.5:1EZ98: 12,800 to 180,000 BTUh; 0.4 to 9.8 gpm; 14:1;EZ111: 12,800 to 199,900 BTUh; 0.4 to 11.1 gpm; 16:1.

All three units carry a 25-year limited warranty on their stainless steel heat exchangers, the longest such protection in the industry. Further protection includes a five-year limited parts warranty and one year for reasonable labor.

The water heaters use natural gas but are field-convertible to LP with a parts kit included with every unit. Two water heaters can be linked using Noritz’s optional Quick Connect linkage to double the hot-water flow rate.

Designed for wall-mounting indoors, the EZ Series Pro heaters can be direct-vented with two-, three-, or four-inch Schedule 40 or Schedule 80 PVC or CPVC, or two-inch or three-inch polypropylene venting. They can also be installed outdoors in milder year-round climates using an optional vent cap.

All EZ Series Pro models have received approvals from CSA, NSF5, NSF372, and are Low NOx approved by the South Coast Air Quality Management District (Rule 1146.2).

For more information on the newly upgraded Noritz EZ Series Pro, visit: https://ezseries.noritz.com/

A short product video is available at: https://youtu.be/m5iDn7sOGMc

For more information on the full line of Noritz tankless water heating products, visit www.noritz.com. You can also contact us by telephone at 866.766.7489 or by email at support@noritz.com.

For editorial assistance, contact John O’Reilly or Emma Wurzer at GreenHouse Digital PR, 15255 South 94th Avenue, Suite 500 | Orland Park, IL 60462; tel.: 708.428.6385; e-mail: john@greenhousedigitalpr.com | emma@greenhousedigitalpr.com.

Hi-res versions of photographs to accompany this press release are available for immediate download by using this link: https://noritz.greenhousedigitalpr.com/ez-series-pro-upgrades.

NORITZ AMERICA CORPORATION, a subsidiary of Noritz Japan, has corporate offices in Fountain Valley, Calif., and Atlanta, offering a full line of tankless water heaters and high-efficiency combination boilers to meet the hot water demands of residential and commercial applications. Noritz supports its products with a national network of skilled representatives and employees committed to providing our communities with the finest products and services by helping consumers live a more comfortable, efficient, and healthy lifestyle. For more information on Noritz America and the entire line of Noritz’s ENERGY STAR® tankless water heaters, please call (877) 986-6748 or visit our website at www.noritz.com.

CONTACT:
Andrew Tran
Noritz America
(714) 433-7813
atran@noritz.com

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SOURCE Noritz