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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.

A Full Report Now: https://www.futuremarketinsights.com/checkout/6805

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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CellPoint Digital Launches its APM Hub, Connecting Airlines and Travel Merchants to 168 Global Alternative Payment Methods

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Built to meet the needs of global travel companies and their customers, the APM Hub delivers fast, simplified access to critical alternative payment solutions in every market

LONDON, Sept. 25, 2024 /PRNewswire/ — CellPoint Digital, the leading provider of payment solutions to the airline industry and a global pioneer of Payment Orchestration, is launching its new APM Hub, a comprehensive suite of 168 global alternative payment methods (APMs) available to existing CellPoint Digital clients through a centralised contracting and onboarding process. Recognising the business-critical role APMs play for airlines and travel providers, the APM Hub streamlines and accelerates access to these important payment options, offering a faster time-to-market and simplified integration.

The APM Hub officially launches in early Q4 2024, giving CellPoint Digital customers access to 168 of the most critical alternative payment methods worldwide. By partnering closely with merchants, CellPoint Digital ensures a simplified, single-integration solution and built-in redundancy across its entire ecosystem, providing merchants with a more reliable and resilient payment infrastructure.

Latin America and the EU will be the first regions to go live, with further expansion into the Middle East, Africa, and Asia Pacific planned for late 2024 and continuing into 2025. Airlines such as Arajet, along with many others, are set to benefit significantly from the launch of the APM Hub, enhancing their payment capabilities and customer experience.

Tom Randklev, Global Head of Product at CellPoint Digital, said: “The launch of the APM Hub underscores the growing importance of APMs in what merchants need to offer. We’re committed to investing in these solutions today to help drive future business growth—for our partners and ourselves.”

Growing Demand and Opportunity for APMs in Travel

APMs, including digital wallets, cash vouchers, bank transfers, and Buy Now, Pay Later (BNPL), are rapidly gaining popularity with consumers worldwide. This surge in demand is prompting merchants across industries to offer more APMs to their customers, spurring innovation in the payments sector with new options continuously emerging.

The need to support APMs is especially urgent in the travel industry. According to CellPoint Digital’s airline payments report, Payments Come of Age, one in three full-service carriers (FSCs) and nearly half of low-cost carriers (LCCs) currently do not accept APMs. Moreover, three in ten airlines cited the lack of available APMs and regional payment methods as their biggest payment-related challenge.

CellPoint Digital’s new APM Hub is designed to help merchants in aviation and other travel sectors close these gaps by expanding the range of payment options they can offer travellers. By supporting local payment preferences, merchants can increase conversion rates, improve acceptance rates, and reduce cart abandonment.

The APM Hub will also enable faster and easier entry into new markets. Available to all CellPoint Digital clients and users of its Payment Orchestration Platform, the APM Hub offers access to global APMs through a single processing platform, with simplified contract addendums and partner click-through terms. CellPoint Digital provides support at every stage—from pricing and integration to onboarding and first-level customer service.

A Bridge for APM Providers to Connect with Leading Travel Brands

The hub opens new opportunities for APM providers to reach customers from many leading airline and travel brands. Head of Partnerships at CellPoint Digital, Andy Sale, said: “By consolidating all APMs into a single hub, we’ll drive greater adoption among our merchants and further solidify CellPoint Digital’s position as the go-to provider for APMs in the airline and travel industry”.

“We’re excited to lead the way and partner with leading players in the APM space, which we believe will quickly become a key player in the alternative payments ecosystem.”

For more information about CellPoint Digital’s APM Hub or to schedule an interview with Global Head of Product Tom Randklev, please get in touch with Steven Osei at steven.osei@cellpointdigital.com 

About CellPoint Digital   
CellPoint Digital is a fintech leader whose main solution is a Payment Orchestration Platform optimising digital payment transactions. Merchants can scale their payment ecosystem across the world, unify the customer payment experience across their website and other channels and optimise the routing of each transaction. Visit www.cellpointdigital.com to learn more. 

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ScamAdviser to Enhance Scam Protection for Global Businesses with the World’s Most Powerful Anti-scam AI Engine

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AMSTERDAM, Sept. 25, 2024 /PRNewswire/ — ScamAdviser today announced a strategic integration with solutions from leading TrustTech company Gogolook, the developer of Whoscall, to combine cutting-edge risk analysis and tailored anti-scam technologies combating digital threats across phone numbers, SMS, and domains online. ScamAdviser’s extensive databases now comprise over 60 million domain records and 2.6 billion phone numbers, covering nearly all factors in digital scams and powering the most powerful anti-scam AI engine in the world.

Escalating Risks from AI-Driven Scams Targeting Businesses Worldwide

Recent Global Anti-Scam Alliance (GASA) research reveals that scams impact over 25.5% of the global population, with annual losses surpassing more than 1% of global GDP. LexisNexis reports that for every dollar lost to a scam by a customer, businesses incur costs up to four times higher due to the need to cover litigation, administration, and compensation. 

In response, Australia, the European Union, the United Kingdom, the United States, and Singapore have begun drafting regulations that require businesses to assume responsibility for customer scams and financial losses. These all demonstrated that scams have become a critical issue for businesses worldwide.

“The era of AI-driven scams has officially arrived,” said Jorij Abraham, Managing Director of ScamAdviser. “Strengthening anti-scam capabilities is now a top priority for businesses to ensure compliance, sustainability, and customer trust. As AI large language models become more accurate, the competitive edge in software will rely on key data access and specialized AI expertise. ScamAdviser’s Anti-Scam Intelligence (ASI) technology is central to our solutions, offering businesses and end-users real-time scam defense. ScamAdviser is creating the world’s largest anti-scam ecosystem, uniting over 400 government agencies, non-profits, and companies.”

Fortifying Business Scam Defense with ScamAdviser Solutions

To meet the growing demand for robust scam protection, ScamAdviser and Gogolook techniques merge into enterprise solutions, powering offerings including Anti-Scam Intelligence (ASI) Solutions, Watchmen Brand Protection service, and Identity Suite.

The ASI solution incorporates customized AI-driven anti-scam technology and a world-class scam data network into business operations, enhancing customer protection and safety. Companies can leverage these solutions through API or SDK integration to augment their existing products with advanced anti-scam capabilities or choose to have ScamAdviser directly support the creation of dedicated scam prevention services. The newly developed Deepfake Voice Detection System can identify and counter generative AI and Deepfake scams in real-time.

Watchmen Brand Protection service helps companies detect and block spoofed phone numbers, SMS, and websites, safeguarding their reputations and trust. Identity Suite uses big data to detect scams and dummy accounts, ensuring customer compliance, reducing risks, and maintaining service quality.

ScamAdviser’s technology is currently utilized by leading companies across sectors, including e-commerce, cybersecurity, and social media. Google also highlights TrustScore ratings for shoppers trying to learn more about a merchant online in several global markets. In addition, ScamAdviser offers free risk assessment services through websites for over 7 million monthly active users in Asia, Europe, and the Americas. This service will soon be available as a mobile app for users. 

Looking ahead, ScamAdviser is committed to building a global scam prevention ecosystem. Beyond integrating technology, the companies plan to drive anti-scam innovation and collaborate with governments, banks, NPOs, telecoms, and ISPs to establish a cross-border anti-scam ecosystem that addresses the evolving challenges of the AI era.

About ScamAdviser

ScamAdviser, a leading brand in global enterprise scam prevention solutions, based in Amsterdam, Netherlands. It provides global corporate clients with anti-scam technology implementation and consultancy services. Leveraging AI and a comprehensive database network, ScamAdviser has developed its own website risk rating technology. This technology is integrated with Gogolook’s enterprise scam prevention solutions and phone number database, creating the world’s most complete digital anti-scam database. 

ScamAdviser excels in implementing customized anti-scam technologies into corporate operations, helping clients protect consumers and stay ahead of global compliance trends. As a foundation member of the Global Anti-Scam Alliance, ScamAdviser’s partners and clients span across Europe, the Americas, and Asia, including law enforcement agencies, consumer protection organizations, financial institutions, telecom operators, cybersecurity service providers, and brand consultants. With the world’s largest scam database, we share insights with 400+ partners, collectively protecting more than 1 billion consumers worldwide.

For more information, please refer to: https://www.scamadviser.com 

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Polestar Solutions, the Leading AI & Analytics Company, Becomes Great Place to Work® Certified™ in India

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The Great Place to Work® Certification™ is the most definitive ’employer-of-choice’ recognition that companies aspire to achieve.  

NEW DELHI, Sept. 25, 2024 /PRNewswire/ — Polestar Solutions, the leading global AI & analytics solutions company that serves Fortune 1000 companies, startups and the government, announced today, that it has received the prestigious Great Place to Work® Certification™ in India (from September 2024 to September 2025). 

One of the most coveted ’employer-of-choice’ recognitions in the industry, the Great Place to Work® Certification™ reinforces Polestar Solutions’ commitment towards supporting its people, creating an exceptional workplace culture and it’s standing as one of the premier AI & analytics technology solutions employers, delivering excellence to customers.  

Commenting on the certification, Ajay Goenka, Co-Founder & CFO, at Polestar Solutions, said, “As the world continues to rapidly evolve, we recognize the importance of aligning our core values with those of our current and future employees so that they can develop their careers and succeed in an inclusive work environment. We are incredibly proud to share that we are a Great Place to Work® Certified™ organization. This certification underscores our vision of cultivating a workplace where our people – who are our biggest asset – feel valued, supported and inspired. We are committed to building a purpose-driven global organization and creating opportunities towards an empowered, inclusive and equitable work environment.” 

The Great Place to Work® Certification is the global authority on workplace culture and it is awarded to organizations that deliver excellent employee experiences and demonstrate best-in-class people practices based on a rigorous independent assessment process. As part of this assessment, Great Place to Work® measured the perceptions of Polestar Solutions’ employees using Great Place to Work® Trust Index© Employee Survey and understood the organization’s differentiating culture through the Culture Brief© and Culture Audit©. Based on the assessment by the Great Place to Work® Institute, Polestar Solutions scored exceedingly well, with a score of over 85 percent, on attributes such as High-Trust, High-Performance Culture™ – Credibility, Respect, Fairness, Pride and Camaraderie. 

“As we continue to grow and add value to our clients spread across North America, Asia Pacific, ANZ, and the UK, we are committed to consistently attracting world-class data scientists, engineers and consultants and focus on talent development. We are thrilled to be recognized as a Great Place to Work® Certified™ employer-of-choice; this coveted certification will go a long way as we focus on attracting and retaining the right talent. We plan to increase our headcount by three times in the US by the end of this year. Currently, Polestar Solutions has a team of over 600 employees globally and is committed to a 60 percent growth over the next year globally, taking its employee strength to 1000 employees,” said Asim Jamil, Head — Human Resources at Polestar Solutions. 

As Polestar Solutions helps clients navigate their digital transformation journey, it acknowledges that excellence comes from investing in its people and nurturing a workplace culture that champions fairness, equity, transparency and leadership. Learn how Polestar Solutions’ team across the globe makes an impact that matters: https://www.polestarllp.com/career  

About Polestar Solutions & Services Pvt. Ltd.

Founded in 2012 by Chetan Alsisaria (CEO & Co-Founder), Amit Alsisaria (COO & Co-Founder) and Ajay Goenka (CFO & Co-Founder), Polestar Solutions, provides industry-leading analytics & AI, data engineering, enterprise planning and Generative AI services to Fortune 1000 companies, startups and the government. Polestar Solutions works across various industries, including CPG & retail, manufacturing and pharmaceuticals, among others. Headquartered in Dallas, Texas, the company enables businesses across North Americas, Asia Pacific, ANZ, and the UK to navigate their digital transformation journeys and help succeed with their data.  

Find more information here: https://www.polestarllp.com/ 

About Great Place to Work® Institute 

Great Place to Work® Institute is a global management research and consulting firm dedicated towards enabling organizations to achieve business objectives by building better workplaces. The Great Place to Work® Institute works with over 10,000 organizations globally every year to help them create and sustain High-Trust, High-Performance cultures. Great Place to Work® also identifies & recognizes great workplaces across the globe through best workplaces lists. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.  

To learn more, visit https://www.greatplacetowork.me, and read “A Great Place to Work For All.”  

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