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Surveying Equipment Market size is set to grow by USD 2.72 billion from 2024-2028, Growth in railway sector in APAC to boost the market growth, Technavio

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NEW YORK, July 16, 2024 /PRNewswire/ — The global surveying equipment market  size is estimated to grow by USD 2.72 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.46%  during the forecast period.  Growth in railway sector in APAC is driving market growth, with a trend towards growth in UAV market. However, uncertain macroeconomic conditions  poses a challenge. Key market players include Aparna Agencies, FARO Technologies Inc., Guangdong Kolida Instrument Co. Ltd., Hexagon AB, Kongsberg Gruppen ASA, Ohmex Ltd., PASI srl, RTX Corp., Robert Bosch GmbH, Seafloor Systems Inc., Shanghai Huace Navigation Technology Ltd., South Surveying and Mapping Instruments Co. Ltd., SURVEY COPTER, Target Corp., Teledyne Technologies Inc., Thales Group, Topcon Positioning Systems Inc., Trimble Inc., Turner Morris, and Valeport Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Land application and Hydrographic application), Product (Total stations and theodolites levels, GNSS system, UAV, Pipe lasers, and Others), and Geography (APAC, Europe, North America, Middle East and Africa, and South America)

Region Covered

APAC, Europe, North America, Middle East and Africa, and South America

Key companies profiled

Aparna Agencies, FARO Technologies Inc., Guangdong Kolida Instrument Co. Ltd., Hexagon AB, Kongsberg Gruppen ASA, Ohmex Ltd., PASI srl, RTX Corp., Robert Bosch GmbH, Seafloor Systems Inc., Shanghai Huace Navigation Technology Ltd., South Surveying and Mapping Instruments Co. Ltd., SURVEY COPTER, Target Corp., Teledyne Technologies Inc., Thales Group, Topcon Positioning Systems Inc., Trimble Inc., Turner Morris, and Valeport Ltd.

Key Market Trends Fueling Growth

The global surveying equipment market is poised for significant growth due to the increasing adoption of unmanned aerial vehicles (UAVs) for civil applications. UAVs offer numerous advantages, such as rapid, cost-effective, and automated geospatial data acquisition in small and medium-sized areas. Both photography and topographic data can be generated, making UAVs an ideal solution for surveying hazardous or difficult-to-reach areas without human intervention. The US, a world leader in drone technology, is investing extensively in research and development to create the latest drone technology. The US military’s extensive experience with drones has led to the introduction of programs like UCLASS UAV for carrier-borne drone capability and research into stealth drones, high-altitude surveillance drones, and other advanced drone technologies. Israel and China are also investing heavily in drone production. Israel is producing UAVs for key roles within a broader surveillance-strike complex, while China has allowed numerous companies, both state-owned defense enterprises and private suppliers, to produce and develop UAVs. This has resulted in a diverse range of drone options for these governments, suitable for military and counter-terror operations. Therefore, the increasing use of UAVs in surveying, the US’s and Israel’s technological advancements, and China’s investment in drone production are expected to drive the growth of the global surveying equipment market during the forecast period. 

The Surveying Equipment Market is experiencing significant growth due to trends in GPS/GNSS technology, urbanization, transportation networks, renewable energy projects, and automation and robotics. Hardware, software, and services are key areas of focus, with GPS systems, total stations, theodolites, levels, and UAVs leading the charge. Urbanization and industrialization require advanced technology for data collection and processing, leading to increased demand for skilled workforce and technical knowledge. UAVs, LiDAR systems, and drones are revolutionizing data collection and management in industries like mining & construction, oil & gas, and disaster management. Cutting-edge technology includes visual SLAM technology, digital twin creation, and integrated smart antennas. The transportation sector relies on GNSS network solutions and time-saving processes. Renewable energy projects and smart cities require advanced software for data processing and documentation. The market also caters to specialized industries like nuclear facilities and research and planning. Modular GNSS systems, board-level GNSS receivers, and antennas are essential components of survey equipment portfolios. The future of surveying equipment lies in automation, data management, and advanced technology. 

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Market Challenges

The construction industry’s growth is influenced by economic conditions, both nationally and regionally. The US and global economies have experienced moderate to slow growth and significant volatility, negatively impacting the industry. Economic uncertainty may cause customers to delay spending due to tighter credit, income declines, or negative financial news. Non-residential real estate markets, labor and healthcare costs, access to credit, and other macroeconomic factors also affect construction demand. Delayed or canceled projects due to depressed foreign direct investments and delayed government subsidies are expected to hinder market growth during the forecast period.The Surveying Equipment Market faces challenges in various industries such as nuclear facilities and construction. The integration of cutting-edge technology like GNSS systems, total stations, theodolites, and unmanned aerial vehicles (UAVs or drones) is crucial for efficient data collection and processing. The oil & gas industry and disaster management sector heavily rely on surveying equipment for exploration drilling, pipeline management, and volumetric calculations. Advanced software and management systems aid in research and planning, data management, documentation, and inspection. Industrialization leads to an increased demand for time-saving processes and skilled manpower. LiDAR systems and aerial platforms offer solutions for complex land survey methods. GNSS network solutions, integrated smart antennas, and modular GNSS systems ensure accurate reference stations. The agriculture, mining, and mining software industries also benefit from surveying equipment for layout points and exploration.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This surveying equipment market report extensively covers market segmentation by

Application 1.1 Land application1.2 Hydrographic applicationProduct 2.1 Total stations and theodolites levels2.2 GNSS system2.3 UAV2.4 Pipe lasers2.5 OthersGeography 3.1 APAC3.2 Europe3.3 North America3.4 Middle East and Africa3.5 South America

1.1 Land application-  The global surveying equipment market is experiencing significant growth due to increasing investments in infrastructure projects, particularly in the construction of bridges, highways, roads, and expressways in countries like the US, Chile, Brazil, China, India, and other emerging Asian economies. The expansion of high-speed rail networks in China and Europe, as well as in North America, is a major driver of this growth. In Europe, there is a strong demand to connect various regions, while in North America, Mexico, the US, and Canada are investing in high-speed rail to alleviate traffic congestion. These infrastructure developments will require advanced surveying equipment to ensure accuracy and efficiency, leading to the market’s continued expansion during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global retail automation market is experiencing rapid growth driven by the demand for enhanced customer experiences and operational efficiency. Automation technologies such as AI, robotics, and IoT are transforming traditional retail processes, including inventory management, checkout systems, and customer service, leading to reduced costs and improved service delivery.

The global online survey software market is expanding due to increasing adoption by businesses for gathering customer feedback, market research, and employee engagement. Key trends include mobile compatibility, advanced analytics, and integration with CRM systems. These platforms enable organizations to streamline data collection, gain actionable insights, and make informed decisions swiftly and efficiently.

Research Analysis

The Surveying Equipment Market is experiencing significant growth due to various factors, including the increasing use of GPS/GNSS technology in land surveying, urbanization, and the development of transportation networks. Renewable energy projects also contribute to the market’s expansion, as advanced technology and automation through robotics and drones are essential for data collection in these sectors. The market requires a skilled workforce with technical knowledge to operate the complex land survey equipment, such as total stations, theodolites, levels, and GNSS systems. The oil & gas industry and industrialization are other major drivers, with time-saving processes and data collection being key benefits. The market is also witnessing the integration of software solutions to enhance the functionality and efficiency of surveying equipment.

Market Research Overview

The Surveying Equipment Market is experiencing significant growth due to various factors, including the increasing urbanization and transportation networks development, renewable energy projects, and the need for automation and robotics in the industry. The market is driven by advanced technology such as GPS/GNSS technology, which enables time-saving processes and high-precision data collection. The market also includes hardware, software, and services, with UAVs, total stations & theodolites, levels, and LiDAR systems being popular equipment types. The market caters to various industries, including mining & construction, smart cities, nuclear facilities, oil & gas industry, disaster management, and industrialization. The use of cutting-edge technology, such as digital twin creation, visual SLAM technology, and advanced software, is becoming increasingly common. The market also offers solutions for data processing, documentation, and management systems for research and planning. The market requires a skilled workforce with technical knowledge and expertise in various survey methods, such as GNSS network solutions, integrated smart antennas, modular GNSS systems, and board-level GNSS receivers. The market also includes reference stations, inspection, monitoring, volumetric calculations, layout points, and construction software for agriculture, mining, and oil & gas industries. Exploration drilling and pipeline management are also significant applications for surveying equipment.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationLand ApplicationHydrographic ApplicationProductTotal Stations And Theodolites LevelsGNSS SystemUAVPipe LasersOthersGeographyAPACEuropeNorth AmericaMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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BOE continues to launch new products and solutions in the field of high-end displays

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LOS ANGELES, May 9, 2026 /PRNewswire/ — 

1、Redefine Visual Experience with Scientific Standards! BOE Releases Core Research Findings on OLED Display Clarity-Legibility Index, Paving the Way for the Industry’s First Transparent Pro Standard to Deliver Supreme Visual Experience

With the rapid popularization of OLED display technology, basic screen indicators including resolution, color gamut and brightness keep improving. Meanwhile, display transparency — a core experience metric that determines visual comfort , image authenticity and premium visual quality — has drawn growing attention across the industry.

Recently, BOE has empowered the launch of the industry’s first flagship high-transparency OLED display panel, setting an industry-leading benchmark in four key dimensions: color, depth , clarity and dynamic range. It ushers high-end display into a new era, shifting from purely numerical technical specifications to ultimate user-centric visual experience.

In addition, BOE officially unveiled its in-depth research achievements on OLED display transparency. It has identified the core underlying factors affecting visual transparency through scientific research, pioneered the industry’s first display transparency index formula, and facilitated the release of the first authoritative evaluation standard for OLED display transparency. This marks an industry’s transformation from specs-oriented to experience-driven development. This marks a full-process breakthrough covering underlying technical analysis, scientifically guided image quality development and mass production application.

At present, the group standard 《Standard of Associations Organic light emitting diode display —Evaluation method for display clarity》, led and formulated by BOE based on relevant research outcomes, has been officially issued. As the world’s first dedicated evaluation standard focusing on OLED display transparency, it fills the long-standing industry gap in correlating subjective visual perception with objective image quality parameters.

Leveraging this standard and transparency research results, BOE has assisted partners in developing the industry’s first flagship high-transparency OLED screen. The company has built a comprehensive technical system for OLED visual transparency. Supported by cutting-edge technologies such as tandem, LTPO and high-precision Demura crosstalk optimization algorithms, BOE and its partners have carried out full-link optimization from display panels to end devices.

Going forward, BOE will continue to deepen research on display human factors engineering and visual experience. Through technological innovation and standard leadership, it will bring more ultimate, high-transparency premium display experiences to users worldwide.

2、BOE Beneficial “Natural” Light Technology (BNL): Solving Visual Health Pain Points and Leading the Display Industry Trend

In an era of ubiquitous displays, users are spending increasingly longer hours on screens. Nevertheless, the luminous properties of conventional displays poorly align with the human visual system, sparking widespread consumer concerns over visual health. To address such challenges, BOE draws inspiration from natural light. By deeply analyzing natural light and extracting beneficial features highly consistent with health and comfort, BOE established the Beneficial “Natural” Light Technology (BNL) architecture. Evolving from single technical upgrades to a systematic solution, BNL replicates the merits of natural light across four core dimensions: Depolarization Adjustment, Spectrum Optimization, Light Profile Optimization and Time-varying Adaptation, advancing display technology toward healthy viewing.

BNL & Visual Health

Depolarization Adjustment: The linearly polarized light of traditional displays causes targeted stimulation to retinal lutein, resulting in dry eyes, eyelid redness and other discomforts. Based on the mainstream Circular Polarization (QWP) solution, BOE BNL has developed a series of technologies like BSF/RDF Random Depolarization technology and un-Polarization,which convert linearly polarized light into randomly polarized light, enabling balanced lutein utilization across the entire visual field, and deliver natural-light-level eye protection.

Spectrum Optimization: Conventional narrow-band RGB spectra feature poor continuity and imbalanced energy distribution, with excessive high-energy blue light that induces eye strain and increases risks of macular damage. Beyond Low Blue Light solutions, BOE BNL has developed Natural-like Spectrum, Beneficial Red Light, Infrared Light and Circadian Rhythm technologies. Multiple clinical studies have verified that Beneficial Red Light and Infrared Light can effectively inhibit axial elongation and accelerate eye microcirculation.  BOE takes the lead in integrating such optics into displays,achieving a spectral distribution matching degree of over 60%, an energy ratio of Beneficial Red Light (650–670 nm) exceeding 50%, and independent on/off switching and energy adjustment of Infrared Light. Meanwhile, Circadian Rhythm technology regulates melatonin secretion to safeguard sleep quality. Shifting from passive harm reduction to active eye benefits, BOE BNL delivers all-round visual health protection.

Light Profile Optimization: Conventional screens are prone to surface reflection and glare, which interfere with visual recognition and cause cumulative eye fatigue. Powered by industry-leading Anti-Glare, Low Reflection and Wide Viewing Angle technologies, BOE BNL accurately simulates the diffuse reflection of natural light to deliver consistent visual comfort across diverse viewing angles. For instance, BOE UB Cell technology achieves a DGR value below 5 with negligible glare and reflection, ensuring sustained visual comfort.

Time-varying Adaptation: Conventional displays tend to produce low-frequency flicker and fixed brightness and color temperature that fail to adapt to ambient changes, forcing frequent eye muscle adjustments and leading to discomfort. By adopting Flicker Free and Light Self-adaptive technologies, BOE BNL delivers stable, ultra-smooth visuals that replicate the comfort of natural light.

SID 2026: BOE Launches New BNL Display Products

At SID Display Week 2026, BOE launched new BNL health display products. The highlight product is the industry’s first 13.8-inch BNL health display tablet. It integrates all four core dimensions,supported by 7 core BNL technologies, to deliver a healthy and comfortable visual experience.

As a global leader in the display industry, BOE has led the development and officially issued the world’s first “Natural Light” display standard via the Zhongguancun Standardization Association,and has jointly issued the White Paper on Natural Light Display Technologies (Engineering Considerations, Application Value and Challenges) with TÜV Rheinland to drive standardized and high-quality industrial development. In the future, BOE will continue to iterate on technologies, diversify product forms and application scenarios, advance the grading standards for Beneficial “Natural” Light displays, and protect users’ visual health.

View original content to download multimedia:https://www.prnewswire.com/news-releases/boe-continues-to-launch-new-products-and-solutions-in-the-field-of-high-end-displays-302767491.html

SOURCE BOE Technology Group Co., Ltd.

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BitradeX BXC First Two Subscription Rounds Sell Out, Total Subscriptions Exceed 14M USDT

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LONDON, May 9, 2026 /PRNewswire/ — BitradeX Capital’s ecosystem equity token, BXC, has completed its first and second subscription rounds, selling a total of 50 million BXC with subscriptions exceeding 14 million USDT. The first round sold out in 90 seconds, while the second closed within 48 hours.

While the fundraising size is not unusually large by crypto standards, the structure of the sale has attracted market attention. The first two rounds were not open to the public, but limited to high-tier BitradeX users. The first round was available only to V5 users and above, while the second round expanded access to V3 users and above.

According to BitradeX’s tier system, V3+ users typically have higher recurring investment activity through AiBot, longer platform usage history, and stronger ecosystem participation. This means the early BXC allocation was absorbed mainly by the platform’s internal high-value user base, rather than short-term speculative participants.

This approach differs from many token fundraising campaigns that prioritize broad public participation and market hype. BitradeX instead adopted a more selective, staged model, gradually lowering the participation threshold while keeping the sale within its active ecosystem community.

BXC is positioned as more than a standard platform token. Its value framework is linked to BitradeX Capital’s broader ecosystem, including its exchange business, AiBot quantitative strategies, BTX Card payments, and Labs incubation platform. Public information indicates that BXC holders may receive staking rewards, benefit from ecosystem buybacks and burns, and gain priority access to Launchpad projects and governance participation.

The third subscription round is launched on April 30 at $0.35 USDT per BXC, with a total supply of 100 million BXC. It is now open to users participating in AiBot recurring investment. The fourth round price is expected to rise to $0.45 USDT.

The long-term value of BXC will ultimately depend on the growth of BitradeX’s underlying businesses, including exchange profitability, AiBot user expansion, and BTX Card adoption. However, the rapid sellout of the first two rounds suggests that BitradeX’s core user base has already shown strong confidence in the ecosystem’s future.

View original content:https://www.prnewswire.com/news-releases/bitradex-bxc-first-two-subscription-rounds-sell-out-total-subscriptions-exceed-14m-usdt-302767467.html

SOURCE BitradeX Capital

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South and East Asia identified as hotspots of global warming related impacts on male fertility

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BEIJING, May 9, 2026 /PRNewswire/ — A major new study has shown that South and East Asia dominate patterns of global warming related decline in male fertility with the strongest and most consistent evidence coming from India, Pakistan and the southern parts of China.

The effects of increased environmental temperatures on male reproductive health include declining sperm concentration and motility and increased sperm DNA fragmentation, or genetic damage that can hinder fertilisation and embryo development.

Male related factors account for around 50 per cent of infertility cases around the world and the impact of rising ambient heat on semen parameters raises serious implications across wide areas of Asia where total fertility rates are in serious decline.

Outcomes of the study undertaken by the Taiwan IVF Group and Ton Yen General Hospital, Taiwan (China) in collaboration with Stanford University (USA) are being presented at the 2026 Congress of the Asia Pacific Initiative on Reproduction (ASPIRE) in Beijing.

Research principal and Adjunct Clinical Assistant Professor at Stanford University, Dr Jack Yu Jen Huang, MD, PhD, FACOG said: “Given the temperature sensitivity of spermatogenesis, even modest increases in ambient temperature could have cumulative, population-level effects over time.

“As global warming accelerates, male reproductive health may represent an emerging climate sensitive public health concern.”

The testes function optimally at temperatures lower than the internal body heat level, and previous studies have shown elevated scrotal or ambient temperatures can impair sperm production.

The latest research explored global patterns to reveal comparative data across regions. It is based on a systematic review of international studies on temperature exposure and semen parameter trends between 2000 and 2024. Artificial intelligence algorithms and machine learning tools were applied to extract key variables including geographic regions and semen outcomes.

Dr Huang said studies examining occupational heat exposure alone were excluded from the analysis as they reflected localised, job-specific conditions rather than broader climatic trends.

“Our findings therefore represent population level climate associated temperature effects including consistent seasonal variations showing poor semen quality parameters in warmer periods.”

The global patterns on temperature associated lower sperm concentration and motility show South and East Asia as major hot spots of concern followed by the Middle East, Europe and North America.

“South and East Asia are likely more affected due to a combination of factors including higher baseline ambient temperatures and rapid urbanisation that contribute to greater cumulative heat stress on spermatogenesis,” Dr Huang explained.

“With ongoing global warming, chronic heat exposure may increasingly impact male reproductive health.”

Dr Huang said potential approaches to address the issue include:

increasing public awareness of heat exposure and reproductive health;encouraging protective behaviours;expanding research integrating climate and reproductive health data; andexploring clinical and lifestyle interventions to mitigate heat-related effects.

The research team was assisted by research intern Jeffrey Zi Kang Huang from Taipei American School, particularly in the application of artificial intelligence in biomedical research including AI-assisted data analysis and pattern recognition across global datasets.

“Further longitudinal and mechanistic studies will be important to better define causality and guide interventions,” he added.

The ASPIRE Congress is being held at the China National Convention Centre in Beijing. More than 3,000 scientists, clinicians, nurses and counsellors in assisted reproduction from around the world are attending the Congress.

For further information, go to https://www.aspire2026.com

 

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SOURCE ASPIRE

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